---
schema_version: "secwatch.filing_event.v1"
accession: "0001171843-26-001139"
form_type: "8-K"
ticker: "ALHC"
cik: "0001832466"
company_name: "Alignment Healthcare, Inc."
filed_at: "2026-02-26T23:59:59+00:00"
generated_at: "2026-05-15T23:46:59.099264+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# Alignment Healthcare beats Q4 and FY2025 guidance; FY2026 revenue guide $5.14-5.19B

## Summary
- 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.

## SEC filing metadata
- accession: 0001171843-26-001139
- form_type: 8-K
- ticker: ALHC
- cik: 0001832466
- company_name: Alignment Healthcare, Inc.
- filed_at: 2026-02-26T23:59:59+00:00
- event_type: earnings
- sentiment: positive
- materiality_score: 0.75
- calibrated_materiality_score: 0.75
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1832466/000117184326001139/0001171843-26-001139-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1832466/000117184326001139/f8k_022626.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001171843-26-001139
- JSON: https://secwatch.observer/filing/0001171843-26-001139.json
- Plain text: https://secwatch.observer/filing/0001171843-26-001139.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.