Alkami Technology (MEX:ALKT) Research & Development: MXN2,242 Mil (TTM As of Mar. 2026)


MEX:ALKT Alkami Technology Inc MEX:ALKT
63 GF Score
Price MXN280.43
GF Value MXN634.98
Valuation Significantly Undervalued
! 3 Warning Signs
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What is Alkami Technology Research & Development?

Alkami Technology MEX:ALKT 63 Research & Development is MXN2,242 Mil as of Mar. 2026. GuruFocus rates MEX:ALKT with a GF Score™ of 63/100 and a GF Value™ of MXN634.98 (Significantly Undervalued). The stock has 3 warning signs investors should review.

Research & Development is the aggregate amount of research and development expenses during the year. Alkami Technology's Research & Development for the three months ended in Mar. 2026 was MXN559 Mil. Its Research & Development for the trailing twelve months (TTM) ended in Mar. 2026 was MXN2,242 Mil.

Alkami Technology  (MEX:ALKT) Research & Development Explanation

If competitive advantage is created by a patent or tech advantage, at some point it will disappear.

High R&D usually dictates high SG&A which threatens the competitive advantage.

Alkami Technology Research & Development Related Terms

Alkami Technology Research & Development Historical Data

* Premium members only.

The historical data trend for Alkami Technology's Research & Development can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Alkami Technology Research & Development Chart

Alkami Technology Annual Data
Trend Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Research & Development
Get a 7-Day Free Trial 1,001.08 1,351.64 1,437.06 2,006.55 2,131.80

Alkami Technology Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
Research & Development Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 550.02 569.23 552.00 561.58 559.01
MEX:ALKT
63GF Score
Alkami Technology Inc MEX:ALKT
Research & Development is just one metric. See GF Score™, valuation, warning signs, and more.
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Alkami Technology Research & Development Calculation

This is the expense the company spent on research and development.

Research & Development for the trailing twelve months (TTM) ended in Mar. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was MXN2,242 Mil.

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Frequently Asked Questions Learn more about Research & Development →
What does a Research & Development of MXN2,242 Mil mean?
Alkami Technology (MEX:ALKT) has a Research & Development of MXN2,242 Mil as of Mar. 2026. Research and development expense is the total cost for research and development activities. View historical data on Alkami Technology and its competitors.
Is Alkami Technology's Research & Development too high?
Alkami Technology's current Research & Development is MXN2,242 Mil. Overall, Alkami Technology has a GF Score™ of 63/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Alkami Technology's Research & Development compare to EVCM and PDFS?
Alkami Technology's Research & Development of MXN2,242 Mil can be compared against companies in the Software industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Research & Development for a Software company?
A good Research & Development depends on the Software industry context. However, Research & Development should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Research & Development mean?
A high Research & Development can signal that a stock is expensive relative to its fundamentals. Research and development expense is the total cost for research and development activities. View historical data on Alkami Technology and its competitors. Alkami Technology's current Research & Development is MXN2,242 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Alkami Technology stock overvalued right now?
Based on GuruFocus' analysis, Alkami Technology (MEX:ALKT) is currently considered Significantly Undervalued. The stock's GF Value™ is MXN634.98, compared to a current price of MXN280.43 — trading 55.8% below its estimated fair value. The current Research & Development is MXN2,242 Mil. Alkami Technology's overall GF Score™ is 63/100 with 3 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Research & Development calculated?
Research & Development is calculated from a company's financial statements. For Alkami Technology (MEX:ALKT), the current Research & Development is MXN2,242 Mil as of Mar. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is Alkami Technology (MEX:ALKT) Overvalued in 2026?

Based on GuruFocus' analysis, Alkami Technology stock appears to be undervalued. The current stock price of MXN280.43 is trading 55.8% below its estimated GF Value™ of MXN634.98. GuruFocus considers Alkami Technology to be Significantly Undervalued.

Key valuation signals for MEX:ALKT:

  • Research & Development: MXN2,242 Mil
  • GF Value™: MXN634.98 vs. price of MXN280.43 (55.8% below fair value)
  • GF Score™: 63/100 with 3 warning signs

No single metric tells the full story. See the MEX:ALKT stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.

Alkami Technology Business Description

Other Exchanges ALKT:USA9J3:Germany
Address 5601 Granite Parkway, Suite 120, Plano, TX, USA, 75204
Alkami Technology Inc is a cloud-based digital banking solutions provider. The company offers the Alkami Digital Sales & Service Platform, which includes a digital banking platform, onboarding and account opening solutions, and data and marketing tools. The platform enables financial institutions to onboard and engage users, support revenue growth, and improve operational efficiency through a cloud-based, multi-tenant architecture. The company provides services to clients under software-as-a-service arrangements. It derives substantially all of its revenues from SaaS subscription services charged for the use of digital sales and service solutions.
63GF Score

Get the complete analysis for MEX:ALKT

Research & Development is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

MXN280.43
Price
MXN634.98
GF Value