analyticsFintech
Data as of Q4 2025
Summary Verdict
ALKT: 2—BILL: 3wins
Rule of 40
42.2ALKT
38.2BILL
check_circleALKT leads
Revenue Growth
32.9%ALKT
22.1%BILL
check_circleALKT leads
Gross Margin
58%ALKT
81%BILL
check_circleBILL leads
FCF Margin
9.3%ALKT
16.1%BILL
check_circleBILL leads
Operating Margin
-12.1%ALKT
-4.3%BILL
check_circleBILL leads
NRR
—ALKT
—BILL
Metric
Rule of 40Efficiency score
ALKT
42.2check_circle
BILL
38.2
Revenue GrowthYoY
ALKT
32.9%check_circle
BILL
22.1%
Gross Margin% of revenue
ALKT
58%
BILL
81%check_circle
FCF MarginFree cash flow
ALKT
9.3%
BILL
16.1%check_circle
Operating MarginGAAP
ALKT
-12.1%
BILL
-4.3%check_circle
NRRNet retention
ALKT
N/A
BILL
N/A
EV / RevenueValuation multiple
ALKT
3.8x
BILL
2.3xcheck_circle
Market CapUSD
ALKT
$1.8B
BILL
$3.7Bcheck_circle
ARR GrowthYoY
ALKT
N/A
BILL
N/A
CAC PaybackMonths to recover
ALKT
N/A
BILL
N/A
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Analysis
As of Q4 2025, Alkami Technology, Inc. trades at 3.8x EV/Revenue versus Bill.com Holdings, Inc. at 2.3x. On the Rule of 40, Alkami Technology, Inc. scores 42.2 compared to Bill.com Holdings, Inc.'s 38.2, 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.