Alignment Healthcare Reports 48.3% Revenue Increase, Achieves First Positive Adjusted EBITDA in FY 2024

Reuters
03 Jun
Alignment Healthcare Reports 48.3% Revenue Increase, Achieves First Positive Adjusted EBITDA in FY 2024

Alignment Healthcare Inc. has reported a substantial increase in total revenue for fiscal year 2024, amounting to $2.7 billion. This signifies a 48.3% growth compared to the previous year. The company also achieved its first full year of positive adjusted EBITDA as a public entity. This financial progress is attributed to disciplined operations and a strong medical benefit ratio. The company, which focuses on a senior-focused model of care, has been named to the 2025 Fortune 1000 list, marking its debut among the top U.S. public companies ranked by total revenue. Alignment Healthcare serves approximately 217,500 seniors across five states, with over 98% of its members enrolled in 4-star or higher-rated plans for 2025. The company's success is driven by its 24/7 concierge support, integrated care delivery, and proprietary AI-enabled technology aimed at improving health outcomes and creating a seamless care experience.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Alignment Healthcare Inc. published the original content used to generate this news brief via GlobeNewswire (Ref. ID: GNW9462248-en) on June 03, 2025, and is solely responsible for the information contained therein.

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