Alignment Healthcare (ALHC) Operating Income (2020 - 2026)

Alignment Healthcare (ALHC) posted Operating Income of $15.5 million for Q1 2026, up 250.75% on a QoQ basis from -$10.3 million in Q4 2025, and up 387.47% year-over-year from $3.2 million in Q1 2025.

Alignment Healthcare (ALHC) Operating Income (2020 - 2026) Analysis & Trends

Alignment Healthcare's Operating Income history runs 7 years deep, the most recent figure standing at $15.5 million for Q1 2026.

  • Quarterly Operating Income rose 387.47% year-over-year to $15.5 million in Q1 2026, while the trailing twelve-month figure through Mar 2026 was $35.6 million (up 154.14% YoY) and the FY2025 annual result came in at $14.8 million, up 114.53% from the prior year.
  • Operating Income was $15.5 million for Q1 2026 at Alignment Healthcare, up from -$10.3 million in the prior quarter.
  • Across five years, Operating Income topped out at $22.7 million in Q2 2025 and bottomed at -$52.1 million in Q4 2022.
  • A 5-year average of -$19.3 million and a median of -$22.5 million in 2024 frame the typical range for Operating Income.
  • Annual changes were most pronounced in 2023 — Operating Income tumbled 255.88% — and 2026, when it soared 387.47%.
  • Alignment Healthcare's Operating Income stood at -$52.1 million in 2022, then increased by 19.56% to -$41.9 million in 2023, then jumped by 46.21% to -$22.5 million in 2024, then jumped by 54.38% to -$10.3 million in 2025, then jumped by 250.75% to $15.5 million in 2026.
  • Business Quant data shows ALHC's Operating Income at $15.5 million in Q1 2026, -$10.3 million in Q4 2025, and $7.7 million in Q3 2025.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Op. Inc (Qtr)
1 Unitedhealth 384.70 Bn 354.90 Bn 38.23 Bn 8.99 Bn
2 Cvs Health 136.05 Bn 124.42 Bn 22.85 Bn 4.68 Bn
3 Elevance Health 82.25 Bn 46.44 Bn 35.79 Bn 704.00 Mn
4 Cigna 75.16 Bn 67.54 Bn -44.29 Bn 202.00 Mn
5 Humana 47.47 Bn 25.57 Bn 5.94 Bn 1.75 Bn
6 Centene 31.35 Bn 7.64 Bn 43.95 Bn 1.86 Bn
7 Molina Healthcare 10.44 Bn 1.19 Bn 1.43 Bn 145.00 Mn
8 Oscar Health 8.62 Bn 1.83 Bn 1.42 Bn 60.61 Mn
9 Alignment Healthcare 4.13 Bn 3.41 Bn 144.48 Mn 15.50 Mn
10 Progyny 2.48 Bn 2.26 Bn 83.07 Mn 35.38 Mn

Historic Data

Download Data
DateValue
Mar 31, 2026 15.50 Mn
Dec 31, 2025 -10.28 Mn
Sep 30, 2025 7.68 Mn
Jun 30, 2025 22.75 Mn
Mar 31, 2025 -5.39 Mn
Dec 31, 2024 -22.55 Mn
Sep 30, 2024 -19.52 Mn
Jun 30, 2024 -18.38 Mn
Mar 31, 2024 -41.11 Mn
Dec 31, 2023 -41.91 Mn
Sep 30, 2023 -29.76 Mn
Jun 30, 2023 -23.66 Mn
Mar 31, 2023 -32.49 Mn
Dec 31, 2022 -52.11 Mn
Sep 30, 2022 -33.41 Mn
Jun 30, 2022 -6.65 Mn
Mar 31, 2022 -36.48 Mn
Dec 31, 2021 -43.47 Mn
Sep 30, 2021 -41.45 Mn
Jun 30, 2021 -40.49 Mn