Alkami Technology (ALKT) Operating Expenses (2020 - 2026)
Alkami Technology's Operating Expenses came in at $81.52 million for Q2 2026, unchanged from $81.48 million a year earlier and up 2.4% from the prior quarter.
Alkami Technology (ALKT) Operating Expenses (2020 - 2026) Analysis & Trends
Over the trailing twelve months to Jun 30, 2026, Alkami Technology reported Operating Expenses of $316.69 million, up 14.1% year-over-year; for FY2025, it came in at $310.24 million, up 28.6% from FY2024.
- Operating Expenses has increased in each of the last six years, with a five-year compound annual growth rate of 26.9% (FY2020 to FY2025).
- Going back by year, Operating Expenses was $241.26 million in FY2024 (+16.1%), $207.82 million in FY2023 (+25.2%), $166.01 million in FY2022 (+31.0%) and $126.72 million in FY2021 (+34.4%).
- The Q2 2026 figure represents the highest quarterly Operating Expenses in data going back to Q1 2020.
- Year-over-year, Operating Expenses increased in seven of the last eight quarters, with growth averaging 19.6%.
- The fastest year-over-year change in Operating Expenses over five years came in Q4 2023 (growth of 55.3%), and the weakest in Q4 2022 (a decline of 5.6%).
- Business Quant data shows ALKT's Operating Expenses at $79.57 million (Q1 2026), $78.58 million (Q4 2025) and $77.02 million (Q3 2025) in the three quarters before Q2 2026.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Opex (Qtr) |
|---|---|---|---|---|---|
| 1 | Coinbase Global | 50.59 Bn | 7.40 Bn | - | 1.33 Bn |
| 2 | PayPal Holdings | 46.79 Bn | 5.01 Bn | - | 7.26 Bn |
| 3 | Block | 44.05 Bn | 15.31 Bn | 3.17 Bn | 2.72 Bn |
| 4 | Iren | 31.74 Bn | 19.34 Bn | 103.89 Mn | 128.25 Mn |
| 5 | Corpay | 26.01 Bn | 16.21 Bn | - | 260.40 Mn |
| 6 | Fiserv | 24.47 Bn | 21.17 Bn | 2.90 Bn | 4.28 Bn |
| 7 | Global Payments | 22.51 Bn | 952.73 Mn | 2.03 Bn | 2.98 Bn |
| 8 | Bitmine Immersion Technologies | 15.56 Bn | 12.94 Bn | 40.81 Mn | 52.67 Mn |
| 9 | Guidewire Software | 11.90 Bn | 8.47 Bn | 269.68 Mn | 207.36 Mn |
| 10 | Alkami Technology | 1.43 Bn | 1.08 Bn | 73.81 Mn | 81.52 Mn |
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 81.52 Mn |
| Mar 31, 2026 | 79.57 Mn |
| Dec 31, 2025 | 78.58 Mn |
| Sep 30, 2025 | 77.02 Mn |
| Jun 30, 2025 | 81.48 Mn |
| Mar 31, 2025 | 73.16 Mn |
| Dec 31, 2024 | 61.84 Mn |
| Sep 30, 2024 | 61.05 Mn |
| Jun 30, 2024 | 61.98 Mn |
| Mar 31, 2024 | 56.40 Mn |
| Dec 31, 2023 | 53.05 Mn |
| Sep 30, 2023 | 52.34 Mn |
| Jun 30, 2023 | 53.35 Mn |
| Mar 31, 2023 | 49.08 Mn |
| Dec 31, 2022 | 34.15 Mn |
| Sep 30, 2022 | 47.39 Mn |
| Jun 30, 2022 | 46.66 Mn |
| Mar 31, 2022 | 37.82 Mn |
| Dec 31, 2021 | 36.17 Mn |
| Sep 30, 2021 | 33.52 Mn |
Alkami Technology Operating Expenses API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=operating-expenses&ticker=ALKT&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "operating-expenses", "ticker": "ALKT", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()
const res = await fetch("https://data.businessquant.com/historic?slug=operating-expenses&ticker=ALKT&period=max&api_key=YOUR_API_KEY");
const data = await res.json();