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Alignment Healthcare ALHC Operating Income

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Other financials

Income statement

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Revenue$1.2B+33.3%
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:OperatingIncomeLoss.

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
Selling, general, and administrative expenses121,138103,831
Depreciation and amortization7,8397,594
Total expenses1,219,694932,325
Income (loss) from operations15,503(5,393)
Other expenses:
Interest expense4,0623,950
Other expenses (income), net(10)
Total other expense4,0623,940

Item 1. Financial Statements (Unaudited):

FAQ

What is Alignment Healthcare's operating income?
Alignment Healthcare (ALHC) reported operating income of $15.5M in Q1 2026.
How has Alignment Healthcare's operating income changed year-over-year?
Alignment Healthcare's operating income increased by 387.5% year-over-year, from -$5.39M to $15.5M.
What is the long-term trend for Alignment Healthcare's operating income?
Over 3 years (2021 to 2024), Alignment Healthcare's operating income has grown at a -17.1% compound annual growth rate (CAGR), from -$178.07M to -$101.56M.
What does operating income mean?
Gross profit minus all operating expenses (SG&A, R&D, D&A). Measures the profit from core business operations before interest, taxes, and non-operating items.

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