ALHC
$8.51+1.31%
Alignment Healthcare Inc.Stock · HealthcareRussell 2000 · 0.1% of IWMNasdaq Composite · 0.008% of ONEQRussell 3000 · 0.006% of IWVUS Stock Market · 0.006% of VTI
ALHC financial statements
The full income statement, balance sheet, and cash-flow statement for Alignment Healthcare Inc. (ALHC), plus valuation ratios — straight from SEC filings. Switch between annual, quarterly, and trailing-twelve-month figures, pick how far back to look, and flip the time order. Every line has a trend sparkline.
Shares outstanding (point-in-time)
2024-06 191.3M2024-09 191.7M2024-12 191.8M2025-03 197.8M2025-06 198.0M2025-09 200.1M2025-12 204.3M2026-03 206.7M2026-06 207.4M+8.4% over 8 periods
SEC-filed end-of-period counts (cover pages and balance sheets, split-adjusted) — the series realized buyback yield is computed from. The weighted-average share lines in the statements below lag these by design: an average over the year sits near the midpoint of an ongoing buyback.
PeriodRangeOrderChangeFiguresAs-reported fiscal years.
| Line item | Trend | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 |
|---|---|---|---|---|---|---|
| Income Statement | as ofDec 31 ’25 | as ofDec 31 ’24 | as ofDec 31 ’23 | as ofDec 31 ’22 | as ofDec 31 ’21 | |
| Revenue | 3.95B+46.1% | 2.70B+50.1% | 1.80B+25.8% | 1.43B+22.7% | 1.17B+22.2% | |
| 3.93B+40.2% | 2.81B+43.7% | 1.95B+24.9% | 1.56B+16.1% | 1.35B+39.5% | ||
| Selling, general & administrative | 443M+19.4% | 371M+20.8% | 307M+4.0% | 296M+1.6% | 291M+86.1% | |
| Amortization of intangibles | 634K-9.7% | 702K+210.6% | 226K-41.5% | 386K+6.6% | 362K+10.7% | |
| Provision for credit losses | 833K+577.2% | 123K+35.2% | 91.0K-39.3% | 150K+35.1% | 111K-5.9% | |
| Operating income | 14.8M+114.5% | -102M+20.5% | -128M+0.6% | -129M+27.8% | -178M-3283.5% | |
| Interest expense | 15.8M-32.9% | 23.5M+10.9% | 21.2M+16.1% | 18.3M+4.9% | 17.4M+3.0% | |
| Other non-operating income | 89.0K+23.6% | 72.0K-91.6% | 853K+584.7% | -176K+99.0% | -17.2M+2.5% | |
| Pre-tax income | -958K+99.3% | -128M+13.6% | -148M+0.7% | -149M+23.5% | -195M-751.8% | |
| Income tax | 20.0K-4.8% | 21.0K+195.5% | -22.0K-106.5% | 339K | 0.00 | |
| -724K+99.4% | -128M+13.5% | -148M+1.0% | -150M+23.4% | -195M-751.8% | ||
| Net income to non-controlling interest | -254K-605.6% | -36.0K+76.9% | -156K-69.6% | -92.0K | 0.00 | |
| $0.00+100.0% | -$0.67+15.2% | -$0.79+4.8% | -$0.83+27.2% | -$1.14-660.0% | ||
| EPS (basic) | $0.00+100.0% | -$0.67+15.2% | -$0.79+4.8% | -$0.83+27.2% | -$1.14-660.0% | |
| Weighted-avg shares (basic) | 198M+3.8% | 191M+2.5% | 186M+2.8% | 181M-0.4% | 182M | |
| Weighted-avg shares (diluted) | 198M+3.8% | 191M+2.5% | 186M+2.8% | 181M-0.4% | 182M | |
| Balance Sheet | as ofDec 31 ’25 | as ofDec 31 ’24 | as ofDec 31 ’23 | as ofDec 31 ’22 | as ofDec 31 ’21 | |
| 952M+43.8% | 662M+36.8% | 484M-11.2% | 545M-1.5% | 553M+108.9% | ||
| Cash & equivalents | 576M+33.0% | 433M+113.3% | 203M-50.5% | 410M-12.2% | 467M+125.1% | |
| Short-term investments | 28.4M-24.8% | 37.8M-67.4% | 116M | 0.00 | — | |
| Accounts receivable | 253M+64.5% | 154M+28.5% | 120M+28.9% | 92.9M+58.8% | 58.5M+45.8% | |
| Prepaid expenses | 94.1M+153.9% | 37.1M-17.5% | 45.0M+6.8% | 42.1M+51.8% | 27.7M+61.1% | |
| 1.07B+36.3% | 782M+32.1% | 592M-6.6% | 634M+0.5% | 631M+86.4% | ||
| Property, plant & equipment | 64.3M-4.3% | 67.1M+29.4% | 51.9M+39.6% | 37.2M+22.4% | 30.4M+11.8% | |
| Operating lease right-of-use | 6.75M-13.6% | 7.82M-20.4% | 9.82M+68.6% | 5.83M-25.8% | 7.85M-20.6% | |
| Goodwill | 32.1M-7.9% | 34.8M+0.0% | 34.8M+0.0% | 34.8M+18.8% | 29.3M+0.0% | |
| Intangible assets | 4.55M+0.0% | 4.55M-13.4% | 5.25M-4.1% | 5.48M-84.4% | 35.1M+1.4% | |
| Other non-current assets | 6.33M+3.9% | 6.09M-4.9% | 6.41M+6.1% | 6.04M+28.2% | 4.71M+119.2% | |
| 557M+58.3% | 352M+33.8% | 263M+14.4% | 230M+37.5% | 167M+9.0% | ||
| Accrued liabilities | 33.3M+50.4% | 22.1M-5.9% | 23.5M-27.2% | 32.3M+85.2% | 17.4M+11.2% | |
| Deferred revenue | — | — | — | 308M+65571.6% | 469K | |
| Short-term & current debt | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |
| Current lease liability | 1.87M+54.5% | 1.21M-24.1% | 1.60M-60.6% | 4.05M+13.8% | 3.56M+10.8% | |
| Finance lease liability (current) | 85.0K | 0.00-100.0% | 120K-21.1% | 152K+3.4% | 147K+6.5% | |
| 887M+30.2% | 681M+57.0% | 434M+9.9% | 395M+21.5% | 325M+5.5% | ||
| Long-term debt | 323M+0.5% | 321M+98.6% | 162M+0.6% | 161M+6.8% | 151M+4.5% | |
| Non-current lease liability | 6.28M-19.8% | 7.83M-12.7% | 8.97M+142.7% | 3.70M-47.0% | 6.97M-32.1% | |
| Operating lease liability (total) | 8.15M-9.9% | 9.05M-14.4% | 10.6M+38.6% | 7.63M-25.6% | 10.3M | |
| Finance lease liability (total) | 272K | — | 120K-55.9% | 272K-36.7% | 430K | |
| Finance lease liability | 185K | 0.00 | 0.00-100.0% | 120K-57.6% | 283K-34.2% | |
| 179M+79.5% | 99.9M-36.4% | 157M-34.1% | 238M-22.2% | 306M+899.8% | ||
| Preferred stock | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |
| Common stock | 205K+6.8% | 192K+1.6% | 189K+1.1% | 187K+0.0% | 187K+14.0% | |
| Additional paid-in capital | 1.19B+7.2% | 1.11B+6.8% | 1.04B+6.9% | 970M+9.2% | 889M+116.7% | |
| Retained earnings | -1.01B-0.1% | -1.01B-14.5% | -880M-20.2% | -732M-25.7% | -583M-53.5% | |
| Non-controlling interest | 0.00-100.0% | 1.10M-1.9% | 1.13M-4.3% | 1.18M+7740.0% | 15.0K | |
| Total equity incl. non-controlling | 179M+77.6% | 101M-36.1% | 158M-33.9% | 239M-21.8% | 306M+899.8% | |
| Total liabilities & equity | 1.07B+36.3% | 782M+32.1% | 592M-6.6% | 634M+0.5% | 631M+86.4% | |
| Common shares issued | 204M+6.5% | 192M+1.5% | 189M+0.9% | 187M+0.0% | 187M+14.1% | |
| Common shares outstanding | 204M+6.5% | 192M+1.5% | 189M+0.9% | 187M+0.0% | 187M+14.1% | |
| Shares outstanding (cover) | 204M+6.5% | 192M+1.5% | 189M+0.9% | 187M+0.1% | 187M | |
| Cash Flow | as ofDec 31 ’25 | as ofDec 31 ’24 | as ofDec 31 ’23 | as ofDec 31 ’22 | as ofDec 31 ’21 | |
| 140M+302.4% | 34.8M+158.7% | -59.2M-30.3% | -45.4M+42.3% | -78.8M-1141.9% | ||
| Depreciation & amortization | 30.4M+13.1% | 26.9M+25.5% | 21.4M+24.0% | 17.3M+9.2% | 15.8M+4.8% | |
| Intangible amortization | 634K-9.7% | 702K+210.6% | 226K-41.5% | 386K+6.6% | 362K+10.7% | |
| Share-based compensation | 62.1M-12.7% | 71.1M+6.4% | 66.8M-18.2% | 81.7M+13059.1% | 621K+39.2% | |
| Change in receivables | 100M+192.0% | 34.3M+27.2% | 26.9M-21.6% | 34.4M+95.2% | 17.6M+280.5% | |
| -15.0M-138.2% | 39.2M+126.6% | -147M-421.9% | -28.2M-35.6% | -20.8M-27.2% | ||
| Capital expenditure | 26.8M-35.3% | 41.4M+15.1% | 36.0M+51.4% | 23.8M | — | |
| Free cash flow | 113M+1802.0% | -6.65M+93.0% | -95.2M-37.5% | -69.2M | — | |
| Acquisitions | 0.00 | 0.00 | 0.00 | 0.00-100.0% | 1.41M | |
| Purchases of investments | 65.6M-20.2% | 82.2M-78.3% | 379M+13318.0% | 2.83M+14.1% | 2.48M+57.1% | |
| Proceeds from sale of PP&E | 75.0K+435.7% | 14.0K | 0.00 | 0.00 | 0.00-100.0% | |
| 18.0M-88.4% | 156M+148498.1% | 105K-99.4% | 16.6M-95.4% | 360M+176.8% | ||
| Long-term debt issued | 0.00-100.0% | 380M | 0.00-100.0% | 165M | 0.00 | |
| Long-term debt repaid | 0.00-100.0% | 215M | 0.00-100.0% | 143M | 0.00 | |
| Common stock issued | 0.00 | 0.00 | 0.00 | 0.00-100.0% | 391M+189.3% | |
| Common stock repurchased | 0.00 | 0.00 | 0.00 | 0.00-100.0% | 1.47M-2.1% | |
| Dividends paid | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |
| Net change in cash | 143M-37.8% | 230M+211.5% | -206M-261.7% | -57.1M | — | |
| Interest paid | 13.8M-37.9% | 22.2M+15.6% | 19.2M-14.6% | 22.4M+104.2% | 11.0M+2.5% | |
| Income taxes paid | 25.0K+25.0% | 20.0K-90.2% | 205K | — | — | |
| Valuation Ratios | as ofDec 31 ’25 | as ofDec 31 ’24 | as ofDec 31 ’23 | as ofDec 31 ’22 | as ofDec 31 ’21 | |
| Market cap | 4.03B+87.0% | 2.16B+32.6% | 1.63B-26.1% | 2.20B-16.3% | 2.63B | |
| P/S | 1.0×+28.0% | 0.8×-16.6% | 1.0×-40.5% | 1.6×-28.6% | 2.3× | |
| P/B | 22.5×+4.1% | 21.6×+150.2% | 8.6×+6.7% | 8.1×-5.8% | 8.6× | |
| P/FCF | 35.7× | — | — | — | — | |
| FCF yield | 2.8% | — | — | — | — | |
| Source filing | 10-K | 10-K | 10-K | 10-K | 10-K |
About this data
Source: ALHC’s SEC filings (10-K / 10-Q). Annual columns are as-reported fiscal years; quarterly columns are as-reported fiscal quarters (Q4 derived as full-year minus the first three quarters where a company doesn’t file a standalone Q4); TTM (quarterly) rolls the trailing four quarters at every quarter end, TTM (yearly) samples that one year apart; balance-sheet rows show the period-end balance. Valuation ratios are sampled as of each period end. View all ALHC filings on SEC EDGAR → Not investment advice.