The earnings call reflected a largely positive sentiment with strong performance in membership growth, revenue, and profitability, alongside raised guidance. However, there are ongoing challenges with drug costs and regulatory changes that the company is navigating.

Company Guidance -

Q3 2025

During Alignment Healthcare's Second Quarter 2025 earnings call, the company reported robust financial results that exceeded the high end of their guidance metrics. The health plan membership grew by 28% year-over-year to 223,700 members, supporting a 49% increase in total revenue to $1 billion. Adjusted gross profit rose by 76% to $135 million, yielding a consolidated medical benefit ratio (MBR) of 86.7%, which improved by 200 basis points compared to the prior year. The adjusted selling, general, and administrative (SG&A) ratio decreased by 160 basis points to 8.8%. For the quarter, adjusted EBITDA reached $46 million, surpassing the guidance range of $10 million to $18 million, and resulting in an adjusted EBITDA margin of 4.5%, representing a 360 basis point expansion year-over-year. The company raised its full-year 2025 guidance, now expecting health plan membership between 229,000 and 234,000, revenue between $3.885 billion and $3.910 billion, adjusted gross profit between $452 million and $469 million, and adjusted EBITDA between $69 million and $83 million. The results reflect strong execution in membership growth and financial performance amidst a dynamic Medicare Advantage environment.

Strong Membership Growth

Health plan membership grew by approximately 28% year-over-year, reaching 223,700 members.

Revenue and Profitability Increase

Total revenue for the second quarter was $1 billion, representing a 49% increase year-over-year. Adjusted gross profit increased by 76% to $135 million, with an adjusted EBITDA of $46 million, surpassing the high end of the guidance range.

Improvement in Medical Benefit Ratio (MBR)

Consolidated MBR improved to 86.7%, a 200 basis point improvement over the prior year.

Raising Guidance

The company raised guidance ranges across key metrics, reflecting strong performance and confidence in future growth.

Successful Provider Relationships

Deepening provider relationships through clinical integration and medical management capabilities, which improved chronic condition management and created greater coordination of care.

Positive Cash Flow Outlook

The company expects to be free cash flow positive on a company-wide basis in 2025.

Alignment Healthcare (ALHC) Earnings, Revenues Date & History

The upcoming earnings date is based on a company’s previous reporting, and may be updated when the actual date is announced

Daily Earnings Calendar >

ALHC Earnings History

Report Date	Fiscal Quarter	Forecast / EPS	Last Year's EPS	EPS YoY Change	Slides	Play Transcript
Oct 30, 2025	2025 (Q3)	-0.08 / -	-0.14	―	―	―
Jul 30, 2025	2025 (Q2)	-0.07 / 0.07	-0.13	153.85% (+0.20)	―
May 01, 2025	2025 (Q1)	-0.13 / -0.05	-0.25	80.00% (+0.20)	―
Feb 27, 2025	2024 (Q4)	-0.19 / -0.16	-0.25	36.00% (+0.09)	―
Oct 29, 2024	2024 (Q3)	-0.11 / -0.14	-0.19	26.32% (+0.05)	―
Aug 01, 2024	2024 (Q2)	-0.12 / -0.13	-0.15	13.33% (+0.02)	―
May 02, 2024	2024 (Q1)	-0.21 / -0.25	-0.2	-25.00% (-0.05)	―
Feb 27, 2024	2023 (Q4)	-0.20 / -0.25	-0.31	19.35% (+0.06)	―
Nov 02, 2023	2023 (Q3)	-0.17 / -0.19	-0.22	13.64% (+0.03)	―
Aug 03, 2023	2023 (Q2)	-0.18 / -0.15	-0.06	-150.00% (-0.09)	―

The table shows recent earnings report dates and whether the forecast was beat or missed. See the change in forecast and EPS from the previous year.

Beat

Missed

ALHC Earnings-Related Price Changes

Report Date	Price 1 Day Before	Price 1 Day After	Percentage Change
Jul 30, 2025	$13.00	$13.78	+6.00%
May 01, 2025	$16.77	$15.53	-7.39%
Feb 27, 2025	$13.47	$15.69	+16.48%
Oct 29, 2024	$11.71	$11.73	+0.17%

Earnings announcements can affect a stock’s price. This table shows the stock's price the day before and the day after recent earnings reports, including the percentage change.

FAQ

When does Alignment Healthcare (ALHC) report earnings?

Alignment Healthcare (ALHC) is schdueled to report earning on Oct 30, 2025, After Close (Confirmed).

What is Alignment Healthcare (ALHC) earnings time?

Alignment Healthcare (ALHC) earnings time is at Oct 30, 2025, After Close (Confirmed).

Where can I see when companies are reporting earnings?

You can see which companies are reporting today on our designated earnings calendar.

What companies are reporting earnings today?

You can see a list of the companies which are reporting today on TipRanks earnings calendar.

What is ALHC EPS forecast?

ALHC EPS forecast for the fiscal quarter 2025 (Q3) is -0.08.

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