Company / R&D Expense
ALKAMI TECHNOLOGY, INC. R&D Expense History
FY2019-FY2025 · Annual data · Source: SEC filings
At a glance
Latest annual filing availableLatest R&D Expense
$118.4M
FY2025
5-year range
$32.7M / $118.4M
FY2021-FY2025
Trend
+23.1%
vs FY2024
Sector context
#176 of 264
Information Technology
What the data says
At $118M, ALKAMI TECHNOLOGY, INC.'s r&d expense ranks #176 of 264 in the Information Technology sector. R&D Expense has increased for 4 consecutive years, from $33M in FY2021 to $118M in FY2025.
Based on SEC 10-K filings.
$118M in FY2025 with a 5-year CAGR of +24.1%.
Improved from $85M to $118M over the past 2 years.
Information Technology sector context is included.
R&D Expense over time
Growth rates
- 3-Year CAGR
- +43.3%
- 5-Year CAGR
- +24.1%
- 10-Year CAGR
- -
Sector benchmark
#176 of 264 in Information TechnologyTop 67% of 264This company $118.4M Sector average $924.6M
▼
-87.2% below sector average
Key checks
Key Insights
- ALKAMI TECHNOLOGY, INC.'s r&d expense has grown for 4 consecutive years.
- 5-year CAGR of +24.1%, indicating consistent growth.
- In FY2025, r&d expense increased 23.1% year-over-year.
- Ranks #176 out of 264 companies in the Information Technology sector.
Company context
Key Data Points
- Altman Z-Score 0.20 (distress zone, below 1.8 threshold)
- Negative profit margin: -12.2%
- High earnings quality (cash-backed earnings)
Data sourced from SEC EDGAR filings. Not investment advice.
Annual data
| Year | R&D ExpenseValue | YoY GrowthYoY |
|---|---|---|
| FY2025 | $118.4M | +23.1% |
| FY2024 | $96.2M | +13.6% |
| FY2023 | $84.7M | +110.6% |
| FY2022 | $40.2M | +22.9% |
| FY2021 | $32.7M | -18.6% |
| FY2020 | $40.2M | +22.9% |
| FY2019 | $32.7M | - |
As of FY2025 · SEC 10-K · Updated Jun 30, 2026