Alignment Healthcare Q2 revenue rises 47.3% to $681.3 million; raises revenue guidance
Alignment Healthcare reported second-quarter 2024 revenue of $681.3 million, up 47.3% from a year earlier, and a net loss of $24.0 million, narrowed from $28.5 million. The company raised its year-end membership and revenue guidance and kept its full-year adjusted gross profit and adjusted EBITDA guidance unchanged, which shows the larger revenue base is also producing a smaller loss.
Key points
- Total revenue was $681.3 million, up 47.3% year over year, and health plan membership was about 175,100, up 56.1%.
- Adjusted EBITDA was $6.0 million, compared with a loss of $2.1 million a year earlier; net loss was $24.0 million versus $28.5 million.
- Full-year 2024 revenue guidance was raised to $2.61 billion to $2.64 billion, and year-end membership guidance was raised to 178,000 to 180,000.
- Full-year adjusted gross profit ($280 million to $310 million) and adjusted EBITDA (–$12 million to $12 million) guidance was maintained.
The filing
Written by AI (Anthropic Claude, claude-haiku-5-5) on Nov 8, 2026, 6:57 AM ET, from the text of the filing and its press-release exhibits only. Written later: this filing was briefed after the fact, when past filings were added to the site, so the brief may be read with hindsight; the filing itself is the record of what was known on August 01, 2024.
Briefs are written by AI from the filing text (each brief's own page names the model) and can contain mistakes — open the filing before acting on anything. Impact (1-5) and tone are the model's reading of the filing for shareholders, not a price forecast. Not investment advice.