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How Alignment Healthcare (ALHC) makes money

Alignment Healthcare (ALHC) made $1.4B of revenue in the third quarter 2026 (Q3 2026), +37% from a year earlier.

Drawing the Sankey…

Alignment Healthcare revenue by quarterAlignment Healthcare revenue by quarter$927MQ1 2025$1.0BQ2 2025$994MQ3 2025$1.0BQ4 2025$1.2BQ1 2026$1.3BQ2 2026$1.4BQ3 2026
Alignment Healthcare: where each dollar of revenue goesAlignment Healthcare: where each dollar of revenue goesOperating cash flow3¢Free cash flow3¢

Where each dollar of revenue goes

LineQ3 2026% of revenue
Revenue$1.4B100.0%
Operating cash flow$47.0M3.5%
Free cash flow$38.6M2.8%

Revenue, quarter by quarter

QuarterRevenueY/Y
Q3 2026$1.4B+37%
Q2 2026$1.3B+32%
Q1 2026$1.2B+33%
Q4 2025$1.0B+44%
Q3 2025$994M+44%
Q2 2025$1.0B+49%
Q1 2025$927M+48%

From Alignment Healthcare's 10-Q filed Oct 29, 2026 (on EDGAR).

Questions

How does Alignment Healthcare make money?

Alignment Healthcare (ALHC) made $1.4B of revenue in the third quarter 2026 (Q3 2026), +37% from a year earlier.

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Updated Nov 8, 2026. Read automatically from SEC filings and public data; errors are possible. Not investment advice.