Alignment Healthcare (ALHC) Cost of Revenue (2020 - 2026)
Alignment Healthcare (ALHC) posted Cost of Revenue of $1.1 billion for Q1 2026, up 22.62% on a QoQ basis from $889.5 million in Q4 2025, and up 32.87% year-over-year from $820.9 million in Q1 2025.
Alignment Healthcare (ALHC) Cost of Revenue (2020 - 2026) Analysis & Trends
Alignment Healthcare's Cost of Revenue history runs 7 years deep, the most recent figure standing at $1.1 billion for Q1 2026.
- Quarterly Cost of Revenue rose 32.87% year-over-year to $1.1 billion in Q1 2026, while the trailing twelve-month figure through Mar 2026 was $3.7 billion (up 40.51% YoY) and the FY2025 annual result came in at $3.5 billion, up 43.76% from the prior year.
- Cost of Revenue was $1.1 billion for Q1 2026 at Alignment Healthcare, up from $889.5 million in the prior quarter.
- Across five years, Cost of Revenue topped out at $1.1 billion in Q1 2026 and bottomed at $303.8 million in Q1 2022.
- A 5-year average of $578.2 million and a median of $573.2 million in 2024 frame the typical range for Cost of Revenue.
- Annual changes were most pronounced in 2022 — Cost of Revenue grew 11.98% — and 2024, when it jumped 54.18%.
- Alignment Healthcare's Cost of Revenue stood at $326.0 million in 2022, then advanced by 28.15% to $417.8 million in 2023, then jumped by 47.19% to $614.9 million in 2024, then jumped by 44.66% to $889.5 million in 2025, then gained by 22.62% to $1.1 billion in 2026.
- Business Quant data shows ALHC's Cost of Revenue at $1.1 billion in Q1 2026, $889.5 million in Q4 2025, and $868.0 million in Q3 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Cost of Rev (Qtr) |
|---|---|---|---|---|---|
| 1 | Unitedhealth | 378.05 Bn | 346.83 Bn | 38.23 Bn | 73.49 Bn |
| 2 | Cvs Health | 136.47 Bn | 124.66 Bn | 22.85 Bn | 10.94 Bn |
| 3 | Elevance Health | 81.93 Bn | 45.98 Bn | 35.79 Bn | 5.49 Bn |
| 4 | Cigna | 76.59 Bn | 68.73 Bn | -44.29 Bn | 54.10 Bn |
| 5 | Humana | 45.95 Bn | 23.98 Bn | 5.94 Bn | 33.71 Bn |
| 6 | Centene | 31.19 Bn | 7.45 Bn | 43.95 Bn | 702.00 Mn |
| 7 | Molina Healthcare | 10.26 Bn | 1.34 Bn | 1.43 Bn | 9.44 Bn |
| 8 | Oscar Health | 8.47 Bn | 1.67 Bn | 1.42 Bn | 3.23 Bn |
| 9 | Alignment Healthcare | 3.84 Bn | 3.11 Bn | 144.48 Mn | 1.09 Bn |
| 10 | Progyny | 2.56 Bn | 2.34 Bn | 83.07 Mn | 245.43 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 1.09 Bn |
| Mar 31, 2026 | 1.09 Bn |
| Dec 31, 2025 | 889.49 Mn |
| Dec 31, 2025 | 889.49 Mn |
| Sep 30, 2025 | 868.02 Mn |
| Sep 30, 2025 | 868.02 Mn |
| Jun 30, 2025 | 881.74 Mn |
| Jun 30, 2025 | 881.74 Mn |
| Mar 31, 2025 | 820.90 Mn |
| Mar 31, 2025 | 820.90 Mn |
| Dec 31, 2024 | 614.90 Mn |
| Dec 31, 2024 | 614.90 Mn |
| Sep 30, 2024 | 613.44 Mn |
| Sep 30, 2024 | 613.44 Mn |
| Jun 30, 2024 | 605.31 Mn |
| Jun 30, 2024 | 605.31 Mn |
| Mar 31, 2024 | 573.22 Mn |
| Mar 31, 2024 | 573.22 Mn |
| Dec 31, 2023 | 417.76 Mn |
| Dec 31, 2023 | 417.76 Mn |