Filing Flows › Alignment Healthcare (ALHC) › Q2 2026 › vs Q2 2025
Alignment Healthcare (ALHC) Q2 2026 vs Q2 2025 (year over year)
Alignment Healthcare's revenue rose $320M (+32%) from $1.0B in Q2 2025 to $1.3B in Q2 2026. Operating margin 3.2% against 2.2% (+0.9 pts).
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 draws each line against Q2 2025, the increases inside each band.
Margins
| Q2 2026 | Q2 2025 | Change | |
|---|---|---|---|
| Operating margin | 3.2% | 2.2% | +0.9 pts |
| Net margin | 2.7% | 1.5% | +1.2 pts |
Every line
| Line | Q2 2026 | Q2 2025 | Change | % |
|---|---|---|---|---|
| Revenue | $1.3B | $1.0B | $320M | +32% |
| Operating profit | $42.1M | $22.7M | $19.4M | +85% |
| Costs & expenses | $1.3B | $993M | $301M | +30% |
| Pre-tax earnings | $37.8M | $18.9M | $18.9M | +100% |
| Other expense, net | $4.3M | $3.9M | $403K | +10% |
| SG&A | $131M | $104M | $27.2M | +26% |
| Other operating costs | $1.2B | $889M | $274M | +31% |
| Net earnings | $36.6M | $15.7M | $20.9M | +134% |
| Income tax | $1.3M | $3.2M | −$2.0M | -61% |
| Operating cash sources | $79.9M | $9.1M | $70.8M | +777% |
| Depreciation & amortization | $7.9M | $7.0M | $821K | +12% |
| Share-based compensation | $18.2M | $15.6M | $2.6M | +17% |
| Cash used in operations | $17.3M | −$29.1M | $46.4M | — |
| Working capital & other | $79.9M | $9.1M | $70.8M | +777% |
Questions
How much did Alignment Healthcare's revenue grow year over year in Q2 2026?
Alignment Healthcare's revenue rose $320M (+32%) from $1.0B in Q2 2025 to $1.3B in Q2 2026. Operating margin 3.2% against 2.2% (+0.9 pts).