Summary Verdict
ALKT: 4—WEX: 1wins
Rule of 40
42.2ALKT
-59.6WEX
check_circleALKT leads
Revenue Growth
32.9%ALKT
-1.3%WEX
check_circleALKT leads
Gross Margin
58%ALKT
40%WEX
check_circleALKT leads
FCF Margin
9.3%ALKT
-58.3%WEX
check_circleALKT leads
Operating Margin
-12.1%ALKT
35.6%WEX
check_circleWEX leads
NRR
—ALKT
—WEX
Metric
Rule of 40Efficiency score
ALKT
42.2check_circle
WEX
-59.6
Revenue GrowthYoY
ALKT
32.9%check_circle
WEX
-1.3%
Gross Margin% of revenue
ALKT
58%check_circle
WEX
40%
FCF MarginFree cash flow
ALKT
9.3%check_circle
WEX
-58.3%
Operating MarginGAAP
ALKT
-12.1%
WEX
35.6%check_circle
NRRNet retention
ALKT
N/A
WEX
N/A
EV / RevenueValuation multiple
ALKT
3.8xcheck_circle
WEX
4.0x
Market CapUSD
ALKT
$1.8B
WEX
$5.0Bcheck_circle
ARR GrowthYoY
ALKT
N/A
WEX
N/A
CAC PaybackMonths to recover
ALKT
N/A
WEX
N/A
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insights
Analysis
As of Q4 2025, Alkami Technology, Inc. trades at 3.8x EV/Revenue versus WEX Inc. at 4.0x. On the Rule of 40, Alkami Technology, Inc. scores 42.2 compared to WEX Inc.'s -59.6, placing Alkami Technology, Inc. ahead in operating efficiency. Gross margins stand at Alkami Technology, Inc. 58% vs WEX Inc. 40%.
Sector Context
Both companies operate in the Fintech sector. The median columns above show where each company stands relative to their peers.