Alignment Healthcare (ALHC) Free Cash Flow (2020 - 2026)
Alignment Healthcare's (ALHC) quarterly Free Cash Flow came in at -$27.5 million in Q2 2026, down 229.97% YoY from $21.1 million in Q2 2025, and down 122.63% on a QoQ basis from $121.3 million in Q1 2026.
Alignment Healthcare (ALHC) Free Cash Flow (2020 - 2026) Analysis & Trends
Alignment Healthcare (ALHC) has 7 years of Free Cash Flow data on file, last reported at -$27.5 million in Q2 2026.
- Quarterly Free Cash Flow fell 229.97% year-over-year to -$27.5 million in Q2 2026, while the trailing twelve-month figure through Jun 2026 was $177.5 million (up 524.92% YoY) and the FY2025 annual result came in at $113.1 million, up 1801.96% from the prior year.
- Free Cash Flow fell to -$27.5 million in Q2 2026, from $121.3 million in the prior quarter.
- In the past five years, Free Cash Flow ranged from a high of $139.1 million in Q3 2025 to a low of -$198.1 million in Q4 2023.
- A 5-year average of $2.0 million and a median of $9.4 million in 2022 frame the typical range for Free Cash Flow.
- Annual changes were most pronounced in 2022 — Free Cash Flow sank 466.28% — and 2026, when it soared 1350.48%.
- Tracing ALHC's Free Cash Flow over 5 years: stood at -$170.6 million in 2022, then slipped by 16.07% to -$198.1 million in 2023, then surged by 90.91% to -$18.0 million in 2024, then tumbled by 207.89% to -$55.4 million in 2025, then soared by 50.44% to -$27.5 million in 2026.
- The last three Free Cash Flow figures came in at -$27.5 million (Q2 2026), $121.3 million (Q1 2026), and -$55.4 million (Q4 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Free Cash Flow (Qtr) |
|---|---|---|---|---|---|
| 1 | Unitedhealth | 352.16 Bn | 320.69 Bn | 36.67 Bn | 10.25 Bn |
| 2 | Cvs Health | 118.83 Bn | 104.87 Bn | 47.23 Bn | 5.65 Bn |
| 3 | Elevance Health | 86.85 Bn | 50.89 Bn | 13.45 Bn | 1.63 Bn |
| 4 | Humana | 45.59 Bn | 21.72 Bn | 5.50 Bn | 1.83 Bn |
| 5 | Centene | 31.97 Bn | 4.92 Bn | 14.55 Bn | 3.42 Bn |
| 6 | Molina Healthcare | 10.21 Bn | 1.30 Bn | 1.43 Bn | -324.00 Mn |
| 7 | Oscar Health | 9.60 Bn | 1.05 Bn | 1.09 Bn | 2.08 Bn |
| 8 | Alignment Healthcare | 2.72 Bn | 2.02 Bn | 180.96 Mn | -27.46 Mn |
| 9 | Clover Health Investments | 2.17 Bn | 1.93 Bn | 153.00 Mn | 24.51 Mn |
| 10 | Progyny | 2.01 Bn | 1.77 Bn | 89.30 Mn | 44.21 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2026 | -27.46 Mn |
| Jun 30, 2026 | -27.46 Mn |
| Mar 31, 2026 | 128.59 Mn |
| Mar 31, 2026 | 128.59 Mn |
| Dec 31, 2025 | -50.39 Mn |
| Dec 31, 2025 | -50.39 Mn |
| Sep 30, 2025 | 160.73 Mn |
| Sep 30, 2025 | 160.73 Mn |
| Jun 30, 2025 | 21.13 Mn |
| Jun 30, 2025 | 21.13 Mn |
| Mar 31, 2025 | 8.36 Mn |
| Mar 31, 2025 | 8.36 Mn |
| Dec 31, 2024 | -8.67 Mn |
| Dec 31, 2024 | -8.67 Mn |
| Sep 30, 2024 | 26.20 Mn |
| Sep 30, 2024 | 26.20 Mn |
| Jun 30, 2024 | 34.53 Mn |
| Jun 30, 2024 | 34.53 Mn |
| Mar 31, 2024 | -17.36 Mn |
| Mar 31, 2024 | -17.36 Mn |