Alkami Technology (MEX:ALKT) Selling, General, & Admin. Expense: MXN3,410 Mil (TTM As of Mar. 2026)

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Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

MEX:ALKT Alkami Technology Inc MEX:ALKT
15 GF Score
Price MXN280.43
GF Value MXN605.37
Valuation Significantly Undervalued
! 3 Warning Signs
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What is Alkami Technology Selling, General, & Admin. Expense?

Alkami Technology MEX:ALKT 15 Selling, General, & Admin. Expense is MXN3,410 Mil as of Mar. 2026. GuruFocus rates MEX:ALKT with a GF Score™ of 15/100 and a GF Value™ of MXN605.37 (Significantly Undervalued). The stock has 3 warning signs investors should review.

Selling, general, & admin. expense (SGA) includes the direct and indirect costs and all general and administrative expenses of a company. Alkami Technology's selling, general, & admin. expense for the three months ended in Mar. 2026 was MXN845 Mil. Its selling, general, & admin. expense for the trailing twelve months (TTM) ended in Mar. 2026 was MXN3,410 Mil.


Alkami Technology  (MEX:ALKT) Selling, General, & Admin. Expense Explanation

An efficient operation keeps SGA costs low and thus has higher profit margin. The percentage of SGA relative to total revenue is an indication of how efficiently the company operates. Compare this percentage among the companies in the same industry is a good way of finding more efficient operations. A comparison of the SGA cost relative to the revenue with the historical value can also be an indication of how efficient the company has become.

Warren Buffett likes companies with consistent SGA as the percentage of gross profit.

Companies with no durable competitive advantage show wild variation in SG&A as % of Gross Profit.

If SGA is less than 30% of Gross Profit, it is fantastic. If SGA is nearing 100%, it is is in highly competitive industry.


Alkami Technology Selling, General, & Admin. Expense Related Terms


Alkami Technology Selling, General, & Admin. Expense Historical Data

* Premium members only.

The historical data trend for Alkami Technology's Selling, General, & Admin. Expense 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 Selling, General, & Admin. Expense Chart

Alkami Technology Annual Data
Trend Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Selling, General, & Admin. Expense
Get a 7-Day Free Trial 1,529.77 2,106.70 2,061.64 2,991.02 3,259.63

Alkami Technology Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
Selling, General, & Admin. Expense 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 935.00 923.20 825.10 816.63 845.14

MEX:ALKT vs NCNO, WRD, VERX: Selling, General, & Admin. Expense Comparison

For the Software - Application subindustry, Alkami Technology's Selling, General, & Admin. Expense, along with its competitors' market caps and Selling, General, & Admin. Expense data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Alkami Technology Selling, General, & Admin. Expense vs Software Industry

For the Software industry and Technology sector, Alkami Technology's Selling, General, & Admin. Expense distribution charts can be found below:

* The bar in red indicates where Alkami Technology's Selling, General, & Admin. Expense falls into.


MEX:ALKT
15GF Score
Alkami Technology Inc MEX:ALKT
Selling, General, & Admin. Expense is just one metric. See GF Score™, valuation, warning signs, and more.
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Alkami Technology Selling, General, & Admin. Expense Calculation

Selling, General, & Admin. Expense (SGA) includes the direct and indirect costs and all general and administrative expenses of a company. For instance, personnel cost, advertising, rent, communication costs are all part of SGA.

Selling, General, & Admin. Expense 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 MXN3,410 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.

What does a Selling, General, & Admin. Expense of MXN3,410 Mil mean?
Alkami Technology (MEX:ALKT) has a Selling, General, & Admin. Expense of MXN3,410 Mil as of Mar. 2026. Selling, general and admin expense is the total cost for direct, indirect, general and administrative activities. View historical data on Alkami Technology and its competitors.
Is Alkami Technology's Selling, General, & Admin. Expense too high?
Alkami Technology's current Selling, General, & Admin. Expense is MXN3,410 Mil. Overall, Alkami Technology has a GF Score™ of 15/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Alkami Technology's Selling, General, & Admin. Expense compare to NCNO and WRD?
Alkami Technology's Selling, General, & Admin. Expense of MXN3,410 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 Selling, General, & Admin. Expense for a Software company?
A good Selling, General, & Admin. Expense depends on the Software industry context. However, Selling, General, & Admin. Expense 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 Selling, General, & Admin. Expense mean?
A high Selling, General, & Admin. Expense can signal that a stock is expensive relative to its fundamentals. Selling, general and admin expense is the total cost for direct, indirect, general and administrative activities. View historical data on Alkami Technology and its competitors. Alkami Technology's current Selling, General, & Admin. Expense is MXN3,410 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 MXN605.37, compared to a current price of MXN280.43 — trading 53.7% below its estimated fair value. The current Selling, General, & Admin. Expense is MXN3,410 Mil. Alkami Technology's overall GF Score™ is 15/100 with 3 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Selling, General, & Admin. Expense calculated?
Selling, General, & Admin. Expense is calculated from a company's financial statements. For Alkami Technology (MEX:ALKT), the current Selling, General, & Admin. Expense is MXN3,410 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 53.7% below its estimated GF Value™ of MXN605.37. GuruFocus considers Alkami Technology to be Significantly Undervalued.

Key valuation signals for MEX:ALKT:

  • Selling, General, & Admin. Expense: MXN3,410 Mil
  • GF Value™: MXN605.37 vs. price of MXN280.43 (53.7% below fair value)
  • GF Score™: 15/100 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.
15GF Score

Get the complete analysis for MEX:ALKT

Selling, General, & Admin. Expense is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

MXN280.43
Price
MXN605.37
GF Value