Alignment Healthcare, Inc.
ALHC- Exchange
- Nasdaq
- Industry
- Hospital & Medical Service Plans
- SEC CIK
- 0001832466
In the last 90 days, Alignment Healthcare, Inc. insiders filed 0 open-market purchases and 6 sales; 326 institutions reported holding it in 13F filings for Q2 2026, worth $5.29B in total; no superinvestor holds it.
- Currency
- USD
- Source
- SEC XBRL data (10-K, 10-Q, 20-F, 40-F)
- Updated
- Oct 30, 2026, 1:20 AM ET
Revenue flow, FY2025
Where the revenue went in FY2025, from the income statement below. Green is profit; orange is costs, expenses and taxes. Percentages are shares of revenue; hover over a band or a bar for the exact amount.
Net loss for FY2025: $724.0K (0.0% of revenue).
Income statement
Each column is one fiscal year, newest first.
| Line item | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 |
|---|---|---|---|---|---|
| Period end | Dec 31, 2025 | Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 |
| Filing | 10-K | 10-K | 10-K | 10-K | 10-K |
| Reported | Feb 26, 2026 | Feb 27, 2025 | Feb 27, 2024 | Feb 28, 2023 | Mar 3, 2022 |
| Revenue | $3.95B | $2.70B | $1.82B | $1.43B | $1.17B |
| Operating expenses | $3.93B | $2.81B | $1.95B | $1.56B | $1.35B |
| Selling, general and administrative | $443.4M | $371.4M | $307.4M | $295.6M | $291.0M |
| Operating income | $14.8M | -$101.6M | -$127.8M | -$128.6M | -$178.1M |
| Interest expense | – | – | $21.2M | $18.3M | $17.4M |
| Income tax | $20.0K | $21.0K | -$22.0K | $339.0K | $0 |
| Net income | -$724.0K | -$128.0M | -$148.0M | -$149.5M | -$195.3M |
| EPS, basic | $0.00 | $-0.67 | $-0.79 | $-0.83 | – |
| EPS, diluted | $0.00 | $-0.67 | $-0.79 | $-0.83 | – |
| Weighted shares, basic | 198.0M | 190.8M | 188.4M | – | – |
| Weighted shares, diluted | 198.0M | 190.8M | 188.4M | 19.3M | 12.6M |
| Margins and growth | |||||
| Operating margin | 0.4% | -3.8% | -7.0% | -9.0% | -15.2% |
| Net margin | -0.0% | -4.7% | -8.1% | -10.4% | -16.7% |
| Revenue growth, year over year | +46.1% | +48.3% | +27.2% | +22.8% | – |
Balance sheet
Each column is one fiscal year, newest first.
| Line item | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 |
|---|---|---|---|---|---|
| Period end | Dec 31, 2025 | Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 |
| Filing | 10-K | 10-K | 10-K | 10-K | 10-K |
| Reported | Feb 26, 2026 | Feb 27, 2025 | Feb 27, 2024 | Feb 28, 2023 | Mar 3, 2022 |
| Cash and equivalents | $575.8M | $432.9M | $202.9M | $409.5M | $466.6M |
| Short-term investments | $28.4M | $37.8M | $115.9M | – | – |
| Accounts receivable | $253.2M | $153.9M | $119.7M | $92.9M | $58.5M |
| Total current assets | $951.6M | $661.6M | $483.5M | $544.5M | $552.9M |
| Property, plant and equipment | $64.3M | $67.1M | $51.9M | $37.2M | $30.4M |
| Goodwill | $32.1M | $34.8M | $34.8M | $34.8M | $29.3M |
| Intangible assets | $4.55M | $4.55M | $5.25M | $40.3M | $35.1M |
| Total assets | $1.07B | $782.1M | $591.9M | $633.9M | $630.9M |
| Short-term debt | $0 | $0 | $0 | $0 | $0 |
| Total current liabilities | $556.9M | $351.8M | $263.0M | $230.0M | $167.2M |
| Long-term debt | $323.2M | $321.4M | $161.8M | $160.9M | $150.6M |
| Total liabilities | $886.5M | $681.1M | $433.8M | $394.6M | $324.8M |
| Shareholders' equity | $179.3M | $101.0M | $158.1M | $239.3M | $306.1M |
Cash flow statement
Each column is one fiscal year, newest first. Free cash flow is operating cash flow minus capital expenditures.
| Line item | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 |
|---|---|---|---|---|---|
| Period end | Dec 31, 2025 | Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 |
| Filing | 10-K | 10-K | 10-K | 10-K | 10-K |
| Reported | Feb 26, 2026 | Feb 27, 2025 | Feb 27, 2024 | Feb 28, 2023 | Mar 3, 2022 |
| Operating cash flow | $139.9M | $34.8M | -$59.2M | -$45.4M | -$78.8M |
| Capital expenditures | $26.8M | $41.4M | – | – | – |
| Free cash flow | $113.1M | -$6.65M | – | – | – |
| Depreciation and amortization | $30.4M | $26.9M | $21.4M | $17.3M | $15.8M |
| Stock-based compensation | $62.1M | $71.1M | $0 | $0 | $621.0K |
| Investing cash flow | -$15.0M | $39.2M | -$147.3M | -$28.2M | -$20.8M |
| Financing cash flow | $18.0M | $156.0M | $105.0K | $16.6M | $360.1M |
| Net change in cash | $143.0M | $230.0M | – | – | – |
| Ratio | |||||
| Stock-based compensation, % of revenue | 1.6% | 2.6% | 0.0% | 0.0% | 0.1% |
Shares outstanding
Common shares outstanding as stated on the cover of each 10-K and 10-Q. The date is the cover date, not the period end; a rising count means dilution.
| Cover date | Shares outstanding | Change in a year | Filing |
|---|---|---|---|
| Oct 26, 2026 | 209.3M | +4.6% | SEC |
| Jul 27, 2026 | 207.4M | +4.7% | SEC |
| Apr 27, 2026 | 206.7M | +4.5% | SEC |
| Feb 23, 2026 | 204.3M | +6.5% | SEC |
| Oct 27, 2025 | 200.1M | +4.4% | SEC |
| Jul 25, 2025 | 198.0M | +3.5% | SEC |
| Apr 28, 2025 | 197.8M | +3.5% | SEC |
| Feb 24, 2025 | 191.8M | +1.5% | SEC |
Notes and known gaps
How these numbers are put together, and what they can't tell you.
- Numbers come from the XBRL data in each period's original 10-K, 10-Q, 20-F or 40-F, or its amendment. They are shown as filed: later filings don't restate earlier periods here.
- Reported is the filing date of the first 8-K with Item 2.02 (results of operations) after the period ended, no later than the 10-Q or 10-K and within 120 days. Companies that release results only in the 10-Q, and foreign companies, which use Form 6-K, have none.
Known gaps
- Foreign companies that file Form 20-F or 40-F have annual statements only: their quarterly results are furnished on Form 6-K, which has no XBRL data.
- EPS and share counts are as reported at the time, not adjusted for later stock splits.
- For ADRs, EPS is per ordinary share, not per ADS (one TSMC ADS is five ordinary shares).
- For banks, revenue may be interest income only, depending on how the bank tags its filings; cost of revenue and gross profit are usually blank.
- Companies with several share classes, such as Berkshire Hathaway, may have no EPS and no cover share count.
- Depreciation and amortization is missing for some companies that report it under their own XBRL tags.