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Alignment Healthcare ALHC CMS Subsidies — Proceeds From Subsidies

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Other financials

Income statement

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Revenue$1.2B+33.3%
Operating income$15.5M+387%
Net income$11.4M+225%
EPS (diluted)$0.05+200%

Balance sheet

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Cash & equivalents$707.7M+57.9%
Total debt$323.6M+0.5%
Total equity$206.9M+91.3%
Total assets$1.3B+40.9%

Cash flow

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Operating cash flow$128.7M+674%
CapEx$7.4M-10.8%
Free cash flow$121.3M+1,350%

Valuation

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Market cap$4.52B+0.8%

Profitability

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Operating margin0.1%0.0pp
Net margin0.5%+0.2pp
FCF margin4.1%

Returns & leverage

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Return on equity12.6%+6.8pp
Debt / equity1.6×-1.4×
Current ratio1.6×-0.1×

Where this comes from

Reported directly by Alignment Healthcare in its filing.

Tagged under the XBRL concept alhc:ProceedsFromSubsidies.

The official record: Alignment Healthcare’s 10-K, filed February 27, 2026, on SEC EDGAR. View the filing →

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Questions, answered.

What is Alignment Healthcare's CMS subsidies — proceeds from subsidies?
Alignment Healthcare (ALHC) reported CMS subsidies — proceeds from subsidies of $17.09M in Q4 2025.
How has Alignment Healthcare's CMS subsidies — proceeds from subsidies changed year-over-year?
Alignment Healthcare's CMS subsidies — proceeds from subsidies increased by 165.2% year-over-year, from $6.45M to $17.09M.
What is the long-term trend for Alignment Healthcare's CMS subsidies — proceeds from subsidies?
Over 4 years (2021 to 2025), Alignment Healthcare's CMS subsidies — proceeds from subsidies has grown at a 43.1% compound annual growth rate (CAGR), from $16.32M to $68.36M.
What does CMS subsidies — proceeds from subsidies mean?
This metric captures the total cash inflows or recognized revenue derived from government-sponsored health program subsidies. It serves as a primary indicator of the scale and growth of the company's participation in public healthcare funding programs. Monitoring this trend helps investors assess the company's ability to capture and retain government-backed market share.