Alkami Technology, Inc. vs Bill.com Holdings, Inc.
Side-by-Side SaaS Metrics & Valuation Comparison
analyticsFintech
Data as of Q2 2026
Summary Verdict
ALKT: 2—BILL: 3wins
Rule of 40
30.3ALKT
23.8BILL
check_circleALKT leads
Revenue Growth
35.6%ALKT
7.7%BILL
check_circleALKT leads
Gross Margin
58%ALKT
81%BILL
check_circleBILL leads
FCF Margin
-5.3%ALKT
16.1%BILL
check_circleBILL leads
Operating Margin
-11.4%ALKT
-4.3%BILL
check_circleBILL leads
NRR
—ALKT
—BILL
Metric
Rule of 40Efficiency score
ALKT
30.3check_circle
BILL
23.8
Revenue GrowthYoY
ALKT
35.6%check_circle
BILL
7.7%
Gross Margin% of revenue
ALKT
58%
BILL
81%check_circle
FCF MarginFree cash flow
ALKT
-5.3%
BILL
16.1%check_circle
Operating MarginGAAP
ALKT
-11.4%
BILL
-4.3%check_circle
NRRNet retention
ALKT
N/A
BILL
N/A
EV / RevenueValuation multiple
ALKT
4.3x
BILL
N/A
Market CapUSD
ALKT
$2.0B
BILL
N/A
ARR GrowthYoY
ALKT
N/A
BILL
N/A
CAC PaybackMonths to recover
ALKT
N/A
BILL
N/A
insights
Analysis
As of Q2 2026, Alkami Technology, Inc. trades at 4.3x EV/Revenue versus Bill.com Holdings, Inc. at N/A. On the Rule of 40, Alkami Technology, Inc. scores 30.3 compared to Bill.com Holdings, Inc.'s 23.8, placing Alkami Technology, Inc. ahead in operating efficiency. Gross margins stand at Alkami Technology, Inc. 58% vs Bill.com Holdings, Inc. 81%.
Sector Context
Both companies operate in the Fintech sector. The median columns above show where each company stands relative to their peers.