earnings
confidence high
sentiment positive
materiality 0.75
Alignment Healthcare beats Q4 and FY2025 guidance; FY2026 revenue guide $5.14-5.19B
Alignment Healthcare, Inc.
2025-FY EPS
reported $0.00
vs consensus -$0.16
▲ beat
(+100.0%)
- Q4 revenue $1,012.8M (+44.4% YoY); FY2025 revenue $3,948.7M (+46.1% YoY).
- Q4 adjusted EBITDA $11.4M; FY2025 adjusted EBITDA $109.9M; net loss narrows to $1.0M.
- Health plan membership 236,300, up 25% YoY; raises 2026 midpoint membership guide by 2,000.
- Introduces FY2026 revenue guidance $5.14-5.19B (30-31% growth) and adjusted EBITDA $133-163M.
- Medical benefits ratio 87.5% for FY; beat high-end of guidance across all key metrics.