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Alkami Technology, Inc. ALKT Payments to Develop Software

Payments to Develop Software at other companies

Henry (Jack) & Associates logo
Henry (Jack) & AssociatesJKHY
$47.52M+6.8%
Paymentus Holdings logo
Paymentus HoldingsPAY
$9.46M+2.0%

Other financials

Income statement

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Revenue$126.1M+28.9%
Gross profit$73.9M+27.9%
Operating income-$5.7M+62.9%
Net income-$10.0M-27.5%
EPS (diluted)-$0.09-12.5%

Balance sheet

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Cash & equivalents$40.4M-34.5%
Total debt$21.5M+16.4%
Total equity$370.7M+11.0%
Total assets$829.3M-0.9%

Cash flow

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Operating cash flow-$4.8M+15.3%
CapEx$387.0K-20.2%
Free cash flow-$5.2M+15.6%

Valuation

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Market cap$1.61B-38.0%
Enterprise value$1.59B-37.7%
P/S3.4×-3.9×

Profitability

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Gross margin57.8%-1.4pp
Operating margin-9.3%-2.2pp
Net margin-10.6%+0.1pp
FCF margin9%+6.0pp

Returns & leverage

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Return on equity-14.1%+4.6pp
Debt / equity0.1×0.0×
Current ratio2.3×-0.5×

Where this comes from

Reported directly by Alkami Technology, Inc. in its filing.

Tagged under the XBRL concept us-gaap:PaymentsToDevelopSoftware.

The official record: Alkami Technology, Inc.’s 10-Q, filed April 30, 2026, on SEC EDGAR. View the filing →

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Questions, answered.

What is Alkami Technology, Inc.'s payments to develop software?
Alkami Technology, Inc. (ALKT) reported payments to develop software of $2.19M in Q1 2026.
How has Alkami Technology, Inc.'s payments to develop software changed year-over-year?
Alkami Technology, Inc.'s payments to develop software increased by 51.2% year-over-year, from $1.45M to $2.19M.
What is the long-term trend for Alkami Technology, Inc.'s payments to develop software?
Over 4 years (2021 to 2025), Alkami Technology, Inc.'s payments to develop software has grown at a 29.0% compound annual growth rate (CAGR), from $2.58M to $7.15M.
What does payments to develop software mean?
This metric represents the cash outflows dedicated to the internal development of software assets, including capitalized labor and related costs. It reflects the company's commitment to R&D and long-term product innovation. High levels of investment indicate a focus on maintaining a competitive technological edge in the cloud-based banking solutions market.