Alignment Healthcare (ALHC) Cost of Revenue (2020 - 2026)
Alignment Healthcare's (ALHC) quarterly Cost of Revenue came in at $1.2 billion in Q2 2026, up 30.95% YoY from $881.7 million in Q2 2025, and up 5.86% on a QoQ basis from $1.1 billion in Q1 2026.
Alignment Healthcare (ALHC) Cost of Revenue (2020 - 2026) Analysis & Trends
Alignment Healthcare (ALHC) has 7 years of Cost of Revenue data on file, last reported at $1.2 billion in Q2 2026.
- Quarterly Cost of Revenue rose 30.95% year-over-year to $1.2 billion in Q2 2026, while the trailing twelve-month figure through Jun 2026 was $4.0 billion (up 36.57% YoY) and the FY2025 annual result came in at $3.5 billion, up 43.76% from the prior year.
- Cost of Revenue climbed to $1.2 billion in Q2 2026, from $1.1 billion in the prior quarter.
- In the past five years, Cost of Revenue ranged from a high of $1.2 billion in Q2 2026 to a low of $303.8 million in Q1 2022.
- A 5-year average of $610.3 million and a median of $589.3 million in 2024 frame the typical range for Cost of Revenue.
- Annual changes were most pronounced in 2022 — Cost of Revenue gained 11.98% — and 2024, when it jumped 54.18%.
- Tracing ALHC's Cost of Revenue over 5 years: stood at $326.0 million in 2022, then rose by 28.15% to $417.8 million in 2023, then surged by 47.19% to $614.9 million in 2024, then surged by 44.66% to $889.5 million in 2025, then rose by 29.81% to $1.2 billion in 2026.
- The last three Cost of Revenue figures came in at $1.2 billion (Q2 2026), $1.1 billion (Q1 2026), and $889.5 million (Q4 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Cost of Rev (Qtr) |
|---|---|---|---|---|---|
| 1 | Unitedhealth | 352.16 Bn | 320.69 Bn | 36.67 Bn | 75.36 Bn |
| 2 | Cvs Health | 118.83 Bn | 104.87 Bn | 47.23 Bn | 58.86 Bn |
| 3 | Elevance Health | 86.85 Bn | 50.89 Bn | 13.45 Bn | 37.02 Bn |
| 4 | Humana | 45.59 Bn | 21.72 Bn | 5.50 Bn | 35.37 Bn |
| 5 | Centene | 31.97 Bn | 4.92 Bn | 14.55 Bn | 39.03 Bn |
| 6 | Molina Healthcare | 10.21 Bn | 1.30 Bn | 1.43 Bn | 9.44 Bn |
| 7 | Oscar Health | 9.60 Bn | 1.05 Bn | 1.09 Bn | 3.79 Bn |
| 8 | Alignment Healthcare | 2.72 Bn | 2.02 Bn | 180.96 Mn | 1.15 Bn |
| 9 | Clover Health Investments | 2.17 Bn | 1.93 Bn | 153.00 Mn | 590.17 Mn |
| 10 | Progyny | 2.01 Bn | 1.77 Bn | 89.30 Mn | 261.21 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2026 | 1.15 Bn |
| Jun 30, 2026 | 1.15 Bn |
| 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 |