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Alignment Healthcare, Inc. (ALHC)
NASDAQ: ALHC · Real-Time Price · USD
14.56
-0.29 (-1.95%)
At close: Aug 3, 2026, 4:00 PM EDT
14.69
+0.13 (0.89%)
After-hours: Aug 3, 2026, 7:58 PM EDT

Alignment Healthcare Financials Overview

Millions USD. Fiscal year is Jan - Dec.

Revenue & Profits
Chart
Fiscal YearTTMFY 2025FY 2024FY 2023FY 2022FY 2021
Period EndingJun '26 Dec '25 Dec '24 Dec '23 Dec '22 Dec '21
Revenue
4,5773,9492,7041,8241,4341,168
Revenue Growth
37.21%46.06%48.25%27.16%22.81%21.74%
Gross Profit
574.42488.56296.69201.03184.28128.73
Operating Income
7.6814.75-101.56-127.82-128.64-178.07
Net Income
40.7-0.72-128.04-148.02-149.55-195.29
Earnings Per Share
0.19--0.67-0.79-0.83-1.14
EPS Growth
------

Revenue by Segment
Chart
Fiscal YearTTMFY 2025FY 2024FY 2023FY 2022FY 2021
Period EndingJun '26 Dec '25 Dec '24 Dec '23 Dec '22 Dec '21
Premium
4,5383,9072,6671,6681,3721,121
Capitation
2.565.075.12132.859.2246.22
Other Segment
36.673731.6322.72.610.69
Revenue (Total)
4,5773,9492,7041,8241,4341,168

Cash & Debt
Chart
Fiscal YearCurrentFY 2025FY 2024FY 2023FY 2022FY 2021
Period EndingJun '26 Dec '25 Dec '24 Dec '23 Dec '22 Dec '21
Cash & Investments
701.71604.23470.65318.82409.55466.6
Total Debt
330.5329.64329.26170.79164.6157.6
Net Cash (Debt)
371.21274.59141.39148.03244.95309.01
Net Cash Growth
113.19%94.21%-4.49%-39.57%-20.73%484.44%
Net Cash Per Share
1.771.390.740.791.351.80

Cash Flow & CapEx
Chart
Fiscal YearTTMFY 2025FY 2024FY 2023FY 2022FY 2021
Period EndingJun '26 Dec '25 Dec '24 Dec '23 Dec '22 Dec '21
Operating Cash Flow
205.55139.9334.77-59.19-45.43-78.78
Capital Expenditures
-28.04-26.78-41.42-36-23.77-18.36
Free Cash Flow
177.51113.15-6.65-95.18-69.2-97.14
Free Cash Flow Growth
------

Margins
Chart
Fiscal YearTTMFY 2025FY 2024FY 2023FY 2022FY 2021
Period EndingJun '26 Dec '25 Dec '24 Dec '23 Dec '22 Dec '21
Gross Margin
12.55%12.37%10.97%11.02%12.85%11.02%
Operating Margin
0.17%0.37%-3.76%-7.01%-8.97%-15.25%
Pretax Margin
0.08%-0.02%-4.74%-8.13%-10.41%-16.72%
Profit Margin
0.08%-0.02%-4.74%-8.13%-10.43%-16.72%
FCF Margin
3.88%2.87%-0.25%-5.22%-4.83%-8.32%

Valuation
Chart
Fiscal YearCurrentFY 2025FY 2024FY 2023FY 2022FY 2021
Period EndingAug '26 Dec '25 Dec '24 Dec '23 Dec '22 Dec '21
Forward PE
23.5156.43----
P/FCF Ratio
17.0135.64----
PS Ratio
0.661.020.800.891.542.25