Alignment Healthcare, Inc. (ALHC)

Alignment Healthcare topped consensus on both the top and bottom line, as it grew revenue 31.6% to about $1.3 billion while delivering EPS of $0.17 versus the $0.13 estimate (+32%); the company reported the second fiscal quarter of 2026 results on July 30, 2026. Revenue of $1.336 billion also topped the $1.310 billion estimate (+2%) and rose from about $1.0 billion a year ago, reflecting continued expansion in its Medicare Advantage-focused insurance and care-delivery platform across states including California, Nevada, and North Carolina. Profitability in the quarter included gross profit of roughly $181 million, with gross margin at 13.5%, and operating income of about $42 million, translating to an operating margin of 3.2%. Net income climbed 133.4% year over year to roughly $36.6 million, up from about $15.7 million a year ago, alongside EPS rising from $0.07 a year ago. Cash generation was softer, with negative operating cash flow of roughly $17 million. For the next period, consensus calls for EPS of -$0.02 on revenue of $1.312 billion.