ALHC Q2 2024 Earnings — Alignment Healthcare, Inc. Revenue & Financial Results | Market Cap Arena

ALHCAlignment Healthcare, Inc.

$4B

Q2 2024 Earnings

Healthcare Medical - Healthcare Plans

Income Statement

Revenue

$681M+47.3% YoY

Gross Profit

$76M11.2% margin

Operating Income

-$18M-2.7% margin

Net Income

-$24M-3.5% margin

EPS (Diluted)

$-0.13

QoQ Revenue Growth

+8.4%

Cash Flow

Operating Cash Flow

$24M

Free Cash Flow

$12M

Stock-Based Comp.

$17M

Balance Sheet

Total Assets

$716M

Total Liabilities

$591M

Stockholders' Equity

$124M

Cash & Equivalents

$339M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$681M	$462M	+47.3%
Gross Profit	$76M	$52M	+46.9%
Operating Income	-$18M	-$24M	+22.3%
Net Income	-$24M	-$28M	+15.7%