Growth Metrics

Alignment Healthcare (ALHC) Cost of Revenue (2020 - 2026)

Alignment Healthcare posted quarterly Cost of Revenue of $1.1 billion for Q1 2026, up 32.87% year-on-year from $820.9 million in Q1 2025, and up 22.62% on a QoQ basis from $889.5 million in Q4 2025.

Alignment Healthcare (ALHC) has 7 years of Cost of Revenue data on file, last reported at $1.1 billion in Q1 2026.

  • For the quarter ending Q1 2026, Cost of Revenue rose 32.87% year-over-year to $1.1 billion; the trailing twelve-month figure through Mar 2026 stood at $3.7 billion (up 40.51% YoY), and the FY2025 full-year result was $3.5 billion, up 43.76% from the prior year.
  • Cost of Revenue for Q1 2026 stood at $1.1 billion, 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.
  • The 5-year median for Cost of Revenue is $573.2 million (2024), against an average of $578.2 million.
  • The widest annual swing landed in 2022, when Cost of Revenue gained 11.98%; it then jumped 54.18% in 2024.
  • A 5-year view of Cost of Revenue shows it stood at $326.0 million in 2022, then gained by 28.15% to $417.8 million in 2023, then soared by 47.19% to $614.9 million in 2024, then soared by 44.66% to $889.5 million in 2025, then rose by 22.62% to $1.1 billion in 2026.
  • The last three Cost of Revenue figures came in at $1.1 billion (Q1 2026), $889.5 million (Q4 2025), and $868.0 million (Q3 2025), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Cost of Rev (Qtr)
1 Unitedhealth 345.31 Bn 315.51 Bn 98.90 Bn 12.82 Bn
2 Cvs Health 115.41 Bn 103.79 Bn 4.43 Bn 29.36 Bn
3 Elevance Health 88.60 Bn 53.18 Bn 13.88 Bn 35.62 Bn
4 Cigna 72.05 Bn 64.43 Bn -44.29 Bn 54.10 Bn
5 Humana 39.05 Bn 17.15 Bn 4.00 Bn 33.71 Bn
6 Centene 30.50 Bn 6.84 Bn 49.24 Bn 702.00 Mn
7 Molina Healthcare 9.31 Bn 60.65 Mn 1.53 Bn 9.27 Bn
8 Oscar Health 6.86 Bn 63.05 Mn -3.22 Bn 3.23 Bn
9 Alignment Healthcare 2.69 Bn 1.96 Bn 135.85 Mn 1.09 Bn
10 Progyny 2.12 Bn 1.90 Bn 83.07 Mn 245.43 Mn

Historic Data

Download Data 🔒
DateValue
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
Sep 30, 2023 397.88 Mn
Sep 30, 2023 397.88 Mn
Jun 30, 2023 410.64 Mn
Jun 30, 2023 410.64 Mn
Mar 31, 2023 396.32 Mn
Mar 31, 2023 396.32 Mn
Dec 31, 2022 326.00 Mn
Dec 31, 2022 326.00 Mn
Sep 30, 2022 312.85 Mn
Sep 30, 2022 312.85 Mn
Jun 30, 2022 307.27 Mn
Jun 30, 2022 307.27 Mn
Mar 31, 2022 303.76 Mn
Mar 31, 2022 303.76 Mn
Dec 31, 2021 259.57 Mn
Dec 31, 2021 259.57 Mn
Sep 30, 2021 253.99 Mn
Sep 30, 2021 253.99 Mn
Jun 30, 2021 274.39 Mn
Jun 30, 2021 274.39 Mn
Mar 31, 2021 251.10 Mn
Mar 31, 2021 251.10 Mn
Dec 31, 2020 215.01 Mn
Dec 31, 2020 215.01 Mn
Sep 30, 2020 190.08 Mn
Sep 30, 2020 190.08 Mn
Jun 30, 2020 194.50 Mn
Jun 30, 2020 194.50 Mn
Mar 31, 2020 193.40 Mn
Mar 31, 2020 193.40 Mn