v3.26.1
Summary of Significant Accounting Policies (Tables)
 6 Months Ended
Jun. 30, 2026
Accounting Policies [Abstract]  
Schedule of Significant Segment Expenses
In addition to net income, the CODM is also provided information on certain significant segment expenses which are presented below:
Three Months Ended June 30,Six Months Ended June 30,
2026202520262025
Revenues:$1,335,633 $1,015,288 $2,570,830 $1,942,220 
Expenses:
Medical expenses (less depreciation and equity-based compensation)1,152,780 880,113 2,242,063 1,699,828 
Selling, general, and administrative expenses (less equity-based compensation)114,722 89,838 223,252 177,634 
Other segment expenses (1)
27,296 25,734 49,202 50,559 
Interest expense4,275 3,950 8,337 7,900 
Net income$36,560 $15,653 $47,976 $6,299 
(1) Other segment items included in segment net income include equity-based compensation, depreciation and amortization, other income, and provision for income taxes.
Schedule of Earned Revenue
Earned premium revenue consisted of premium revenue and capitation revenue for the three and six months ended June 30, 2026 and 2025 were as follows:
Three Months Ended
June 30,		Six Months Ended
June 30,
2026202520262025
Premium$1,326,344 $1,004,580 $2,552,652 $1,921,202 
Capitation281 1,623 539 3,044 
Total$1,326,625 $1,006,203 $2,553,191 $1,924,246 
Schedule of Property and Equipment
Depreciation expense is computed using the straight-line method generally based on the following estimated useful lives:
DescriptionEstimated Service Lives (years)
Computer and equipment5
Office equipment and furniture
5-7
Software
3-5
Leasehold improvements
15 (or lease term, if shorter)
Property and equipment consisted of the following as of June 30, 2026 and December 31, 2025:
June 30,
2026		December 31,
2025
Computers and equipment$15,087 $13,815 
Office equipment and furniture4,474 4,338 
Software233,644 218,023 
Leasehold improvements6,253 6,224 
Construction in progress1,563 983 
Subtotal261,021 243,383 
Less accumulated depreciation(194,810)(179,132)
Property and equipment-net$66,211 $64,251 
Schedule of Computation of Basic and Diluted Net Income Per Share
The following table sets forth the computation of basic and diluted net income per share for the three and six months ended June 30, 2026 and 2025:
 Three Months Ended
June 30,		Six Months Ended
June 30,
 2026202520262025
Numerator:
Net income$36,560 $15,653 $47,976 $6,299 
Less: Net loss attributable to noncontrolling interests— 14 — 254 
Net income attributable to Alignment Healthcare, Inc.$36,560 $15,667 $47,976 $6,553 
Denominator:
Total weighted-average common shares outstanding207,448,894198,328,613206,408,426196,003,736
Less: Restricted shares of common stock— —— (23,167)
Total weighted-average common shares outstanding, net of restricted shares of common stock - basic 207,448,894198,328,613206,408,426 195,980,569
Dilutive effect of:
Stock options790,176 405,903 937,237 202,952 
RSUs5,892,107 8,111,256 6,576,859 4,055,628 
PSUs893,306 2,673,857 446,653 1,336,929 
Shares used to compute diluted income per common share215,024,483 209,519,629 214,369,175 201,576,078 
Net income per share:
Basic income per share$0.18 $0.08 $0.23 $0.03 
Diluted income per share$0.17 $0.07 $0.22 $0.03