earnings
confidence high
sentiment positive
materiality 0.80
Alignment Healthcare Q2 revenue $1.34B (+31.6% YoY); raises full-year guidance
Alignment Healthcare, Inc.
- Total revenue $1,335.6M, up 31.6% YoY; Medicare Advantage membership 294,100 (+31.5% YoY).
- Adjusted gross profit $182.9M (+35.3% YoY); medical benefits ratio 86.3%, improved 40 bps.
- Adjusted EBITDA $68.1M (5.1% margin), up 48.4% YoY; net income $36.6M vs $15.7M prior year.
- Company raised midpoint of all full-year guidance metrics: membership, revenue, adjusted gross profit, and adjusted EBITDA.
- CEO John Kao cited strength of clinical model and AI-enabled capabilities driving results.