analyticsFintech
Data as of Q4 2025
Summary Verdict
ALKT: 4—MODN: 1wins
Rule of 40
42.2ALKT
5.8MODN
check_circleALKT leads
Revenue Growth
32.9%ALKT
16.3%MODN
check_circleALKT leads
Gross Margin
58%ALKT
57%MODN
check_circleALKT leads
FCF Margin
9.3%ALKT
-10.5%MODN
check_circleALKT leads
Operating Margin
-12.1%ALKT
-2.1%MODN
check_circleMODN leads
NRR
—ALKT
—MODN
Metric
Rule of 40Efficiency score
ALKT
42.2check_circle
MODN
5.8
Revenue GrowthYoY
ALKT
32.9%check_circle
MODN
16.3%
Gross Margin% of revenue
ALKT
58%check_circle
MODN
57%
FCF MarginFree cash flow
ALKT
9.3%check_circle
MODN
-10.5%
Operating MarginGAAP
ALKT
-12.1%
MODN
-2.1%check_circle
NRRNet retention
ALKT
N/A
MODN
N/A
EV / RevenueValuation multiple
ALKT
3.8xcheck_circle
MODN
4.4x
Market CapUSD
ALKT
$1.8Bcheck_circle
MODN
$1.2B
ARR GrowthYoY
ALKT
N/A
MODN
N/A
CAC PaybackMonths to recover
ALKT
N/A
MODN
N/A
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insights
Analysis
As of Q4 2025, Alkami Technology, Inc. trades at 3.8x EV/Revenue versus Model N, Inc. at 4.4x. On the Rule of 40, Alkami Technology, Inc. scores 42.2 compared to Model N, Inc.'s 5.8, placing Alkami Technology, Inc. ahead in operating efficiency. Gross margins stand at Alkami Technology, Inc. 58% vs Model N, Inc. 57%.
Sector Context
Both companies operate in the Fintech sector. The median columns above show where each company stands relative to their peers.