Alignment Healthcare, Inc. (ALHC)

NASDAQ: ALHC · Real-Time Price · USD

7.36

-0.14 (-1.87%)

At close: Nov 13, 2026, 4:00 PM EST

7.33

-0.03 (-0.41%)

After-hours: Nov 13, 2026, 7:30 PM EST

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	Sep '26 Sep 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	4,942	3,949	2,704	1,824	1,434	1,168
Revenue Growth	35.87%	46.06%	48.25%	27.16%	22.81%	21.74%
Operating Income	43.28	16.27	-98.59	-127.82	-128.64	-178.07
Net Income	28.92	-0.72	-128.04	-148.02	-149.55	-195.29
Earnings Per Share	0.14	-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	Sep '26 Sep 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	4,903	3,907	2,667	1,668	1,372	1,121
Capitation	1.74	5.07	5.12	132.8	59.22	46.22
Other Segment	36.69	37	31.63	22.7	2.61	0.69
Revenue (Total)	4,942	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	Sep '26 Sep 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	727.69	575.82	432.86	202.9	409.55	466.6
Total Debt	330.7	331.6	330.48	172.5	168.8	161.3
Net Cash (Debt)	397	244.22	102.38	30.4	240.75	305.3
Net Cash Growth	37.65%	138.53%	236.79%	-87.37%	-21.14%	516.50%
Net Cash Per Share	1.93	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	Sep '26 Sep 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	108.02	139.93	34.77	-59.19	-45.43	-78.78
Capital Expenditures	-30.98	-26.78	-41.42	-36	-23.77	-19.77
Free Cash Flow	77.04	113.15	-6.65	-95.18	-69.2	-98.54
Free Cash Flow Growth	-48.83%	-	-	-	-	-

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Sep '26 Sep 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	0.88%	0.41%	-3.65%	-7.01%	-8.97%	-15.25%
Pretax Margin	0.55%	-0.02%	-4.74%	-8.13%	-10.41%	-16.72%
Profit Margin	0.58%	-0.02%	-4.74%	-8.12%	-10.43%	-16.72%
FCF Margin	1.56%	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	Nov '26 Nov 14, 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	19.54	56.43	-	-	-	-
P/FCF Ratio	19.99	34.93	-	-	-	-
PS Ratio	0.31	1.00	0.80	0.89	1.54	2.25