Alignment Healthcare, Inc. (ALHC)

NASDAQ: ALHC · Real-Time Price · USD

8.06

-0.37 (-4.39%)

At close: Oct 23, 2026, 4:00 PM EDT

7.94

-0.12 (-1.49%)

After-hours: Oct 23, 2026, 7:30 PM EDT

Alignment Healthcare Financials Overview

Financials in millions USD. Fiscal year is January - December.

Millions USD. Fiscal year is Jan - Dec.

Revenue & Profits

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Jun '26 Jun 30, 2026	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Revenue	4,577	3,949	2,704	1,824	1,434	1,168
Revenue Growth	37.21%	46.06%	48.25%	27.16%	22.81%	21.74%
Operating Income	55.88	16.27	-98.59	-127.82	-128.64	-178.07
Net Income	40.7	-0.72	-128.04	-148.02	-149.55	-195.29
Earnings Per Share	0.20	-0.00	-0.67	-0.79	-0.83	-1.14
EPS Growth	-	-	-	-	-	-

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Jun '26 Jun 30, 2026	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Premium	4,538	3,907	2,667	1,668	1,372	1,121
Capitation	2.56	5.07	5.12	132.8	59.22	46.22
Other Segment	36.67	37	31.63	22.7	2.61	0.69
Revenue (Total)	4,577	3,949	2,704	1,824	1,434	1,168

Fiscal Year	Current	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Jun '26 Jun 30, 2026	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Cash & Investments	693.45	575.82	432.86	202.9	409.55	466.6
Total Debt	330.5	331.6	330.48	172.5	168.8	161.3
Net Cash (Debt)	362.95	244.22	102.38	30.4	240.75	305.3
Net Cash Growth	158.13%	138.53%	236.79%	-87.37%	-21.14%	516.50%
Net Cash Per Share	1.78	1.23	0.54	0.16	1.33	1.78

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Jun '26 Jun 30, 2026	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Operating Cash Flow	205.55	139.93	34.77	-59.19	-45.43	-78.78
Capital Expenditures	-28.04	-26.78	-41.42	-36	-23.77	-19.77
Free Cash Flow	177.51	113.15	-6.65	-95.18	-69.2	-98.54
Free Cash Flow Growth	524.92%	-	-	-	-	-

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Jun '26 Jun 30, 2026	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Operating Margin	1.22%	0.41%	-3.65%	-7.01%	-8.97%	-15.25%
Pretax Margin	0.85%	-0.02%	-4.74%	-8.13%	-10.41%	-16.72%
Profit Margin	0.89%	-0.02%	-4.74%	-8.12%	-10.43%	-16.72%
FCF Margin	3.88%	2.86%	-0.25%	-5.22%	-4.83%	-8.44%

Fiscal Year	Current	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Oct '26 Oct 24, 2026	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Forward PE	14.59	56.43	-	-	-	-
P/FCF Ratio	9.42	34.93	-	-	-	-
PS Ratio	0.37	1.00	0.80	0.89	1.54	2.25