Alignment Healthcare Reports Third Quarter 2026 Results, Updates Full-Year Outlook
Key Highlights
- ➤Third-quarter revenue $1.3583 billion, up 36.7% year-over-year
- ➤Health plan membership reached 301,200, up 31.2% year-over-year
- ➤Medical benefits ratio rose 240 basis points year-over-year to 89.5%
- ➤Third-quarter adjusted EBITDA fell 32.8% year-over-year to $21.8 million
- ➤2026 adjusted EBITDA guidance lowered to no less than $100 million
Expert Statements
John Kao, Chairman and CEO of Alignment Healthcare
“Our third-quarter membership and revenue growth demonstrate continued demand for Alignment’s products and services, while medical trends ran higher than expected. We are taking a prudent approach to the fourth quarter and lowering our outlook based on current headwinds. Our revised guidance does not assume any benefit from the actions underway. We are confident we can deliver against these expectations. Our focus now is on execution and taking the steps necessary to drive more consistent performance as we scale and deliver profitable growth over the long term.”
* Reports third-quarter revenue of $1.36 billion, representing 36.7% year-over-year growth * Grows health plan membership 31.2% year-over-year to 301,200 members * Issues fourth-quarter guidance and lowers full-year 2026 adjusted gross profit and adjusted EBITDA guidance ORANGE, Calif., Oct. 29, 2026 (GLOBE NEWSWIRE) -- Alignment Healthcare, Inc. (NASDAQ: ALHC), today reported financial results for its third quarter ended Sept. 30, 2026.
“Our third-quarter membership and revenue growth demonstrate continued demand for Alignment’s products and services, while medical trends ran higher than expected,” said John Kao, chairman and CEO. “We are taking a prudent approach to the fourth quarter and lowering our outlook based on current headwinds. Our revised guidance does not assume any benefit from the actions underway. We are confident we can deliver against these expectations. Our focus now is on execution and taking the steps necessary to drive more consistent performance as we scale and deliver profitable growth over the long term.”
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