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Research & education only — not financial advice.TENK is not a registered investment adviser; calls are impersonal, generated from SEC filings and a delayed/third-party price feed, and may be wrong or out of date. The operator and an affiliated trading operation may hold or trade the securities TENK rates — see Disclosures. Do your own research.

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Home›ALHC›Financials
Annual statements · SEC XBRL · FY2019 – FY2025

Alignment Healthcare, Inc. (ALHC) financials

Income statement

Alignment Healthcare, Inc. (ALHC) income statement, annual, from SEC filings
Fiscal yearFY2019FY2020FY2021FY2022FY2023FY2024FY2025
Revenue$757M$959M$1.17B$1.43B$1.82B$2.70B$3.95B
Revenue growth—26.7%21.7%22.8%27.2%48.3%46.1%
Operating income-$29.5M-$5.26M-$178M-$129M-$128M-$102M$14.8M
Operating margin-3.9%-0.5%-15.2%-9.0%-7.0%-3.8%0.4%
Net income-$44.7M-$22.9M-$195M-$150M-$148M-$128M-$724K
Net margin-5.9%-2.4%-16.7%-10.4%-8.1%-4.7%-0.0%
EPS (diluted)-$0.33-$0.15-$1.14-$0.83-$0.79-$0.67$0.00

Cash flow

Alignment Healthcare, Inc. (ALHC) cash flow, annual, from SEC filings
Fiscal yearFY2019FY2020FY2021FY2022FY2023FY2024FY2025
Operating cash flow$9.21M$7.56M-$78.8M-$45.4M-$59.2M$34.8M$140M
Capital expenditures———$23.8M$36.0M$41.4M$26.8M
Free cash flow———-$69.2M-$95.2M-$6.65M$113M

Balance sheet

Alignment Healthcare, Inc. (ALHC) balance sheet, annual, from SEC filings
Fiscal yearFY2019FY2020FY2021FY2022FY2023FY2024FY2025
Cash & equivalents$86.5M$207M$467M$410M$203M$433M$576M
Total assets—$339M$631M$634M$592M$782M$1.07B
Total liabilities—$308M$325M$395M$434M$681M$887M
Long-term debt—$144M$151M$161M$162M$321M$323M
Shareholders' equity-$78.7M$30.6M$306M$238M$157M$99.9M$179M
Retained earnings—-$380M-$583M-$732M-$880M-$1.01B-$1.01B
Shares (wtd avg diluted)—164M182M181M186M191M198M

Every figure is extracted from Alignment Healthcare, Inc.’s annual reports as filed with the SEC (XBRL company facts) — no third-party estimates. Fiscal years are labeled by period end; filers occasionally re-tag concepts, so a sparse cell means the company didn’t report that concept for that year. Free cash flow = operating cash flow − capital expenditures.

Common questions

What is Alignment Healthcare, Inc.'s annual revenue?
Alignment Healthcare, Inc. (ALHC) reported $3.95B of revenue for fiscal year 2025 — up 46.1% from $2.70B in FY2024, per its annual report filed with the SEC.
Is Alignment Healthcare, Inc. profitable?
Not in FY2025 — ALHC reported a net loss of $724K, per SEC filings.
What is Alignment Healthcare, Inc.'s free cash flow?
$113M in FY2025 (operating cash flow $140M minus $26.8M of capital expenditures), from the SEC cash-flow statement.
Does ALHC pay a dividend?
Alignment Healthcare, Inc. reported no cash dividends paid in FY2025, per its SEC cash-flow statement.
Full ALHC analysis — verdict, score & filings →Is ALHC a buy? →

Research and education only — not financial advice. TENKis not a registered investment adviser or broker-dealer and gives no personalized advice. Every call is impersonal — identical for all users, generated on a schedule from SEC filings plus a delayed/third-party price feed — may be wrong or out of date, and is not a recommendation to buy or sell any security. The operator and an affiliated trading operation may hold or trade the securities TENK rates; see Disclosures. Past performance does not guarantee future results. Do your own research.