Quick Answer
ALKAMI TECHNOLOGY, INC. reported R&D Expense of $118.40 million for fiscal year 2025.
ALKAMI TECHNOLOGY, INC. R&D Expense — Annual History
| Fiscal Year | R&D Expense | YoY Change |
|---|---|---|
| 2025 | $118.40M | +23.1% |
| 2024 | $96.21M | +13.6% |
| 2023 | $84.66M | +22.1% |
| 2022 | $69.33M | +42.1% |
| 2021 | $48.80M | +21.4% |
| 2020 | $40.21M | +22.9% |
| 2019 | $32.72M | — |
Quarterly R&D Expense
| Quarter Ending | R&D Expense | YoY | QoQ |
|---|---|---|---|
| September 30, 2025 | $30.09M | +24.7% | -0.5% |
| June 30, 2025 | $30.23M | +26.4% | +12.4% |
| March 31, 2025 | $26.89M | +17.8% | +11.4% |
| September 30, 2024 | $24.13M | +10.9% | +0.9% |
| June 30, 2024 | $23.91M | +14.6% | +4.8% |
| March 31, 2024 | $22.82M | +11.1% | +4.9% |
| September 30, 2023 | $21.75M | +19.4% | +4.3% |
| June 30, 2023 | $20.87M | +25.7% | +1.5% |
- ALKAMI TECHNOLOGY, INC. showed an increase of +23.1% in R&D Expense compared to the prior fiscal year.
- Over the 2019–2025 period, ALKAMI TECHNOLOGY, INC.’s r&d expense has grown by 261.8% (from $32.72 million to $118.40 million).
- The most recent figure is from ALKAMI TECHNOLOGY, INC.’s fiscal year 2025 report (Form 10-K), filed with the SEC on February 26, 2026.
- All figures are sourced from SEC EDGAR XBRL filings, last verified June 17, 2026.
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