Filing Flows › Alignment Healthcare (ALHC) › Q3 2026 › vs Q3 2025
Alignment Healthcare (ALHC) Q3 2026 vs Q3 2025 (year over year)
Alignment Healthcare's revenue rose $365M (+37%) from $994M in Q3 2025 to $1.4B in Q3 2026.
Alignment Healthcare, Q3 2026: revenue $1.4B (+37% year over year), operating margin -0.3%, net loss $8.1M, operating cash flow $47.0M. The chart draws each line against Q3 2025, the increases inside each band.
Margins
| Q3 2026 | Q3 2025 | Change | |
|---|---|---|---|
| Free cash flow margin | 2.8% | 14.0% | -11.2 pts |
Every line
| Line | Q3 2026 | Q3 2025 | Change | % |
|---|---|---|---|---|
| Revenue | $1.4B | $994M | $365M | +37% |
| Income tax benefit | $22K | −$2K | $24K | — |
| Net loss | $8.1M | −$3.7M | $11.8M | — |
| Costs & expenses | $1.4B | $994M | $373M | +38% |
| Operating costs | $1.4B | $986M | $376M | +38% |
| Interest & other, net | $4.3M | $4.0M | $330K | +8% |
| SG&A | $136M | $110M | $26.4M | +24% |
| Other operating costs | $1.2B | $876M | $350M | +40% |
| Operating cash sources | $55.1M | $141M | −$85.7M | -61% |
| Depreciation & amortization | $8.1M | $8.0M | $130K | +2% |
| Share-based compensation | $17.5M | $16.2M | $1.3M | +8% |
| Working capital & other | $29.5M | $117M | −$87.1M | -75% |
| Net loss absorbed | $8.1M | −$3.7M | $11.8M | — |
| Operating cash flow | $47.0M | $145M | −$97.5M | -67% |
| Free cash flow (OCF − capex) | $38.6M | $139M | −$100M | -72% |
| Capital expenditures | $8.4M | $5.5M | $2.9M | +54% |
Questions
How much did Alignment Healthcare's revenue grow year over year in Q3 2026?
Alignment Healthcare's revenue rose $365M (+37%) from $994M in Q3 2025 to $1.4B in Q3 2026.