Filing Flows › Alignment Healthcare (ALHC) › Q2 2026
Alignment Healthcare (ALHC) Q2 2026 earnings results (second quarter 2026)
10-Q filed Jul 30, 2026
Alignment Healthcare (ALHC) reported revenue of $1.3B for the second quarter 2026 (Q2 2026), +32% from a year earlier and +8% from the quarter before. Operating margin was 3.2%, net earnings $36.6M (2.7% of revenue).
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.
| Q2 2026 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $1.3B | +8% | +32% |
| Operating profit | $42.1M | +172% | +85% |
| Net earnings | $36.6M | +220% | +134% |
| Operating cash flow | −$17.3M | -113% | -159% |
What changed
Revenue was $1.3B in Q2 2026, up 32% year over year and up 8% from the previous quarter.
Operating profit was $0.04B, a 3.2% margin (up 0.9 points year over year). Of the extra revenue versus Q2 2025, 6% reached operating profit, above the 2% margin then. Total costs grew 30% against revenue growth of 32%. The fastest-growing cost line was Other operating costs (+31%). Net earnings were $0.04B, up 133% year over year. The effective tax rate was 3.3%.
Operating cash flow was −$0.02B. Non-cash charges added back $0.01B of depreciation and amortization and $0.02B of share-based compensation. Working capital and other items used $0.08B. Capital expenditures of $0.01B exceeded it, leaving free cash flow of −$0.03B.
Questions
What was Alignment Healthcare's revenue in the second quarter 2026?
Alignment Healthcare (ALHC) reported revenue of $1.3B for the second quarter 2026 (Q2 2026), +32% from a year earlier and +8% from the quarter before.
Was Alignment Healthcare profitable in the second quarter 2026?
Operating profit was $42.1M (3.2% of revenue) and net earnings $36.6M.