Overview

* Alkami Technology Q2 2025 revenue rises 36% yr/yr, beating analyst expectations, per LSEG data

* Adjusted EBITDA for Q2 2025 reaches $11.9 mln, up from $4.6 mln yr/yr

* Company attributes growth to demand for digital transformation and MANTL acquisition

Outlook

* Alkami ( ALKT ) sees Q3 revenue between $112.5 mln and $114.0 mln

* Alkami ( ALKT ) expects Q3 adjusted EBITDA of $13.0 mln to $14.0 mln

* Company forecasts 2025 revenue of $443.0 mln to $447.0 mln

* Company anticipates 2025 adjusted EBITDA of $51.5 mln to $54.0 mln

Result Drivers

* DIGITAL TRANSFORMATION DEMAND - Strong demand for digital transformation among regional and community financial institutions contributed to revenue growth, per CEO Alex Shootman

* MANTL ACQUISITION - Recent acquisition of MANTL added 23 new clients, boosting platform user numbers and supporting revenue growth

* USER GROWTH - Platform users increased by 2.3 mln to 20.9 mln, contributing to revenue per registered user rising 17% yr/yr

Key Details

Metric Beat/Mis Actual Consensu

s s

Estimate

Q2 Beat $112.06 $110 mln

Revenue mln (10

Analysts

)

Q2 GAAP -$13.59

Net mln

Income

Q2 Gross 58.6%

Margin

Q2 65.1%

Adjusted

Gross

Margin

Q2 Gross $65.62

Profit mln

Analyst Coverage

* The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 8 "strong buy" or "buy", 2 "hold" and no "sell" or "strong sell"

* The average consensus recommendation for the it services & consulting peer group is "buy"

* Wall Street's median 12-month price target for Alkami Technology Inc ( ALKT ) is $40.00, about 33.4% above its July 29 closing price of $26.62

* The stock recently traded at 39 times the next 12-month earnings vs. a P/E of 52 three months ago

Press Release:

(This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)