NASDAQ$ALHC

Alignment Healthcare Inc · Q3 2024 earnings

Q3 2024 earnings · · Investor relations

Briefing

Alignment Healthcare's Q3 results demonstrated the company's success in Medicare Advantage through high-quality care and effective cost management.

Alignment Healthcare reported excellent third-quarter results, highlighting their success in delivering high-quality care while effectively managing costs within the Medicare Advantage program. The company's focus on the Triple Aim has driven positive outcomes in stars, growth, and profitability.

  • Alignment Healthcare reported strong third-quarter results.
  • The company's success is attributed to delivering high-quality care and managing costs effectively.
  • Alignment Healthcare is confident in its platform to provide the best care at the lowest cost.
  • The company aims to drive long-term value for members and shareholders.

Headline financials

Total Revenue

$692M

Previous: $457M+51.6%
EPS

-$0.14

Previous: -$0.19+26.3%
Health plan membership

182.4K

No prior period
Adjusted gross profit

$80.5M

No prior period
Adjusted EBITDA

$5.92M

No prior period
Capital Expenditures

-$32.1M

Previous: -$9.55M-236.4%
Free Cash Flow

-$58.5M

Previous: -$35M-67.1%
Net Income

-$26.4M

Previous: -$35M+24.6%
Operating Income

-$19.5M

Previous: -$29.8M+34.4%
Gross Profit

$692M

Previous: $457M+51.6%
Cash & Equivalents

$340M

Previous: $392M-13.1%
Total Assets

$692M

Previous: $771M-10.2%
Stock-Based Comp

$17.3M

Previous: $13.6M+27.2%

Revenue & EPS history

Alignment Healthcare · Revenue · Quarterly

$692M

Q3 2024+51.6%vs Q3 2023
Beat estimate in 15 of 16 quarters(94%)
ActualEstimate

Revenue by segment

Alignment Healthcare · $1.02B total across 2 segments · Q2 2025

  • Earned premiums
    $1.01B—
  • Other revenue
    $9.09M—

Forward guidance

The company provided an outlook for the fourth quarter and fiscal year 2024.

Historical earnings impact

How earnings announcements have historically affected this stock's price.

Avg. return before/after earnings

Based on 19 quarterly earnings reports · overlaid with Q3 2024

Historical avgQ3 2024

+1.8%

Avg return

Earnings day

+1.8%

Avg return

5 days after

+2.6%

Avg return

30 days after

57%

12 / 21 earnings

Positive

+27.0%

Q1 2024

Best reaction

-16.4%

Q4 2022

Worst reaction

Earnings price reactions
QuarterReport dateReaction (Day 0)+5 days+30 days
Q2 2025———
Q1 2026+3.8%-15.7%-29.5%
Q4 2025-5.8%-7.5%-18.6%
Q3 2025-1.9%-0.4%+12.2%
Q1 2025-7.7%-7.5%-8.3%
Q4 2024+16.5%+17.4%+35.9%
Q3 2024+1.6%+12.2%+11.2%
Q2 2024+2.3%+4.9%+3.1%
Q1 2024+27.0%+31.6%+51.0%
Q4 2023-8.9%-9.2%-20.1%
Q3 2023-9.6%-7.2%+10.5%
Q2 2023+7.5%+10.5%-4.2%
Q1 2023+3.5%+11.3%-5.1%
Q4 2022-16.4%-20.9%-35.2%
Q3 2022-3.1%-3.3%-2.7%
Q2 2022+10.4%+4.3%-8.7%
Q1 2022-7.0%-18.8%+6.8%
Q4 2021+10.7%+8.0%+39.7%
Q3 2021+10.6%+6.1%-26.7%
Q2 2021-8.5%-4.8%-11.2%
Q1 2021+6.8%+13.3%+27.6%
Q4 2020+6.8%+13.3%+27.6%
Q3 2020———
Q2 2020———
Q1 2020———

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