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| Date | Value |
|---|---|
| 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 |