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Alignment Healthcare ALHC Business Segments — Selling, general, and administrative expenses

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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$2.78B+2.2%
Enterprise value$2.39B-6.8%
P/E140.1×
P/S0.7×-0.2×

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 us-gaap:SellingGeneralAndAdministrativeExpense.

The source filing: Alignment Healthcare’s 10-Q, filed April 30, 2026.

Filed
Apr 30, 2026, 4:14 PM EDT
Fiscal quarter
Q1 FY2026
Calendar quarter
Q1 2026
Accession
0001628280-26-028901
Line itemThree Months Ended March 31, 20262025
Revenues:$1,235,197$926,932
Expenses:
Medical expenses (less depreciation and equity-based compensation)1,089,283819,715
Selling, general, and administrative expenses (less equity-based compensation)108,53087,796
Other segment expenses (1)21,90624,825
Interest expense4,0623,950
Net income (loss)$11,416$(9,354)

Item 1. Financial Statements (Unaudited):

FAQ

What is Alignment Healthcare's business segments — selling, general, and administrative expenses?
Alignment Healthcare (ALHC) reported business segments — selling, general, and administrative expenses of $108.53M in Q1 2026.
How has Alignment Healthcare's business segments — selling, general, and administrative expenses changed year-over-year?
Alignment Healthcare's business segments — selling, general, and administrative expenses increased by 23.6% year-over-year, from $87.8M to $108.53M.
What is the long-term trend for Alignment Healthcare's business segments — selling, general, and administrative expenses?
Over 3 years (2022 to 2025), Alignment Healthcare's business segments — selling, general, and administrative expenses has grown at a 20.2% compound annual growth rate (CAGR), from $223.06M to $387.46M.
What does business segments — selling, general, and administrative expenses mean?
Includes the operational costs associated with marketing, member acquisition, and the administrative overhead required to support the segment's platform. This metric highlights the company's investment in growth and the scalability of its operational infrastructure. It is a critical measure for evaluating the efficiency of the company's direct-to-consumer sales strategy.

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