AI brief of an SEC Form 8-K · Alignment Healthcare (ALHC)

Alignment Healthcare Q1 revenue up 47.5% to $926.9 million; raises 2025 outlook midpoints

Positive Impact 4 of 5 earnings Written later

Alignment Healthcare reported first-quarter 2025 revenue of $926.9 million, up 47.5% year over year, and a net loss of $9.4 million, narrowed from $46.6 million a year earlier. The company raised the midpoints of its 2025 outlook for membership, revenue, adjusted gross profit and adjusted EBITDA, and said CFO Thomas Freeman will be succeeded by Jim Head effective May 2, 2025.

Key points

  • Q1 2025 revenue was $926.9 million, up 47.5%; net loss was $9.4 million versus $46.6 million in Q1 2024.
  • Adjusted EBITDA was $20.2 million, compared with a loss of $12.0 million in Q1 2024.
  • Health plan membership was about 217,500 at March 31, 2025, up 31.7% year over year.
  • Twelve-month 2025 revenue outlook is $3,770 million to $3,815 million; Jim Head succeeds Thomas Freeman as CFO effective May 2, 2025.

The filing

CompanyAlignment Healthcare (ALHC)
Form8-K, current report
Filed with the SECMay 1, 2025, 4:01 PM ET
Accession number0001171843-25-002689

Items reported: 2.02 Results of Operations

Read the filing on SEC.gov ↗

Written by AI on Nov 8, 2026, 6:57 AM ET, from this filing 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 May 01, 2025.

Briefs are written by AI from the filing text and can contain mistakes — open the filing before acting on anything. Impact (1-5) and tone are the AI's reading of the filing for shareholders, not a price forecast. Not investment advice.