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Alignment Healthcare (ALHC) operating margin by quarter

Alignment Healthcare's operating margin was 3.2% in Q2 2026 (second quarter 2026), +1.9 pts from Q1 2026. Over the last 4 quarters it ranged from 0.8% (Q3 2025) to 3.2% (Q2 2026).

Alignment Healthcare operating margin by quarterAlignment Healthcare operating margin by quarter2.2%Q2 20250.8%Q3 20251.3%Q1 20263.2%Q2 2026
QuarterOperating marginQ/QY/Y
Q2 20263.2%+1.9 pts+0.9 pts
Q1 20261.3%+0.5 pts—
Q3 20250.8%-1.5 pts—
Q2 20252.2%——

Q2 2026 at a glance

Alignment Healthcare, Q2 2026: revenue $1.3B (+32% year over year), operating margin 3.2%, net earnings $36.6M, operating cash flow −$17.3M. The chart follows the revenue to costs, profit and cash.

Questions

What is Alignment Healthcare's operating margin?

Alignment Healthcare's operating margin was 3.2% in Q2 2026 (second quarter 2026), +1.9 pts from Q1 2026.

How has Alignment Healthcare's operating margin changed?

Over the last 4 quarters it ranged from 0.8% (Q3 2025) to 3.2% (Q2 2026).

Q2 2026 results → · How Alignment Healthcare makes money →