Alignment Healthcare Q2 revenue $1.015B (+49% YoY); raises full-year outlook

Alignment Healthcare, Inc.

2025-Q2 EPS reported $0.03 vs consensus -$0.07 ▲ beat (+140.9%)

Total revenue of $1,015.3M, up 49.0% YoY; health plan membership 223,700, up 27.8% YoY.
Adjusted EBITDA of $45.9M and net income of $15.7M; medical benefits ratio 86.7%.
Income from operations was $22.7M; adjusted gross profit $135.2M.
Company raised full-year 2025 outlook across membership, revenue, adjusted gross profit and adjusted EBITDA.
CEO cites strong Medicare Advantage performance with clinical care model driving profitability.

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