Alignment Healthcare, Inc. (NASDAQ:ALHC)
Insiders filed in the last 90 days, but none of those trades qualified for scoring — round-trip buys and filings whose price is far off the market are excluded.
Profitable, but on a thin margin.
- Revenue
- $4.58B
- Net income
- $40.7M
- Net margin
- 0.9%
Little or no net debt.
- Total debt
- $330.5M
- Cash
- $693.5M
- Net debt / EBITDA
- -4.19x
Comfortably covers what is due within a year.
- Current assets
- $1.16B
- Current liabilities
- $683.4M
- Current ratio
- 1.70
The business funds itself from operations.
- Operating cash flow
- $205.5M
- Free cash flow
- $205.5M
- FCF margin
- 4.5%
Not funding itself by issuing shares.
- Shares outstanding
- 207.4M
- Share growth (1y)
- 4.6%
Five pillars — profitability, leverage, liquidity, cash generation, dilution & runway — each scored 0–20 from the company’s own income statement, balance sheet and cash-flow statement, then scaled to 100. A pillar the statements cannot answer is left out rather than guessed; fewer than three and no score is shown.
ALHC Income Statement
| Fiscal Period | Q2 2026 | Q1 2026 | Q4 2025 | Q3 2025 | Q2 2025 | Q1 2025 |
|---|---|---|---|---|---|---|
| Period Ending | Jun 30, 2026 | Mar 31, 2026 | Dec 31, 2025 | Sep 30, 2025 | Jun 30, 2025 | Mar 31, 2025 |
| Revenue | 1.34 B | 1.24 B | 1.01 B | 993.70 M | 1.02 B | 926.93 M |
| Revenue Growth (YoY) | 31.55 % | 33.26 % | 44.43 % | 43.51 % | 49.03 % | 47.46 % |
| Cost of Revenue | 1.15 B | 1.09 B | 889.49 M | 868.02 M | 881.74 M | 820.90 M |
| Gross Profit | 180.96 M | 144.48 M | 123.31 M | 125.67 M | 133.55 M | 106.03 M |
| SG&A Expense | 131.00 M | 121.14 M | 0.00 | 0.00 | 0.00 | 0.00 |
| R&D Expense | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Operating Expenses | 138.86 M | 128.98 M | 133.59 M | 117.99 M | 110.80 M | 111.42 M |
| Operating Income | 42.10 M | 15.50 M | -10.28 M | 7.68 M | 22.75 M | -5.39 M |
| Pretax Income | 37.83 M | 11.44 M | -14.23 M | 3.73 M | 18.88 M | -9.33 M |
| Tax Provision | 1.27 M | 25.00 K | -3.23 M | 2.00 K | 3.22 M | 21.00 K |
| Net Income | 36.56 M | 11.42 M | -11.01 M | 3.73 M | 15.67 M | -9.11 M |
| EPS (Basic) | 0.18 | 0.06 | -0.05 | 0.02 | 0.08 | -0.05 |
| EPS (Diluted) | 0.17 | 0.05 | -0.05 | 0.02 | 0.07 | -0.05 |
| Shares Outstanding | 207.45 M | 205.36 M | 200.97 M | 199.03 M | 198.33 M | 193.61 M |
Quarterly figures; YoY compares the same fiscal quarter a year earlier. Source: public market data.