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Side-by-side financial comparison of Alignment Healthcare, Inc. (ALHC) and JETBLUE AIRWAYS CORP (JBLU). Click either name above to swap in a different company.

JETBLUE AIRWAYS CORP is the larger business by last-quarter revenue ($2.2B vs $1.2B, roughly 1.8× Alignment Healthcare, Inc.). Alignment Healthcare, Inc. runs the higher net margin — 0.9% vs -14.2%, a 15.2% gap on every dollar of revenue. On growth, JETBLUE AIRWAYS CORP posted the faster year-over-year revenue change (4.7% vs -74.7%). Over the past eight quarters, Alignment Healthcare, Inc.'s revenue compounded faster (34.6% CAGR vs -3.9%).

Alignment Healthcare, Inc. is a U.S.-based healthcare provider offering Medicare Advantage plans for seniors. It adopts a value-based care model, partnering with local providers to deliver personalized coordinated medical services, prescription drug coverage and supplemental benefits to members across multiple U.S. states.

JetBlue Airways Corporation, stylized as jetBlue, is an American low-cost airline headquartered in Long Island City, in Queens, New York City. Primarily a point-to-point carrier, JetBlue's network features six focus cities including its main hub at New York City's John F. Kennedy International Airport, with destinations across the Americas and Europe. Although not a member of any global airline alliances, JetBlue has codeshare agreements with airlines from Oneworld, SkyTeam, and Star Alliance.

ALHC vs JBLU — Head-to-Head

Bigger by revenue
JBLU
JBLU
1.8× larger
JBLU
$2.2B
$1.2B
ALHC
Growing faster (revenue YoY)
JBLU
JBLU
+79.4% gap
JBLU
4.7%
-74.7%
ALHC
Higher net margin
ALHC
ALHC
15.2% more per $
ALHC
0.9%
-14.2%
JBLU
Faster 2-yr revenue CAGR
ALHC
ALHC
Annualised
ALHC
34.6%
-3.9%
JBLU

Income Statement — Q1 FY2026 vs Q1 FY2026

Metric
ALHC
ALHC
JBLU
JBLU
Revenue
$1.2B
$2.2B
Net Profit
$11.4M
$-319.0M
Gross Margin
Operating Margin
-10.0%
Net Margin
0.9%
-14.2%
Revenue YoY
-74.7%
4.7%
Net Profit YoY
EPS (diluted)
$-0.86

Green = leading value per metric. Periods may differ when fiscal calendars don't align.

8-Quarter Revenue & Profit Trend

Side-by-side quarterly history. Quarters aligned by calendar period so offset fiscal years line up.

Revenue
ALHC
ALHC
JBLU
JBLU
Q1 26
$1.2B
$2.2B
Q4 25
$1.0B
$2.2B
Q3 25
$993.7M
$2.3B
Q2 25
$1.0B
$2.4B
Q1 25
$926.9M
$2.1B
Q4 24
$701.2M
$2.3B
Q3 24
$692.4M
$2.4B
Q2 24
$681.3M
$2.4B
Net Profit
ALHC
ALHC
JBLU
JBLU
Q1 26
$11.4M
$-319.0M
Q4 25
$-11.0M
$-177.0M
Q3 25
$3.7M
$-143.0M
Q2 25
$15.7M
$-74.0M
Q1 25
$-9.1M
$-208.0M
Q4 24
$-31.1M
$-44.0M
Q3 24
$-26.4M
$-60.0M
Q2 24
$-24.0M
$25.0M
Operating Margin
ALHC
ALHC
JBLU
JBLU
Q1 26
-10.0%
Q4 25
-1.0%
-4.5%
Q3 25
0.8%
-4.3%
Q2 25
2.2%
0.3%
Q1 25
-0.6%
-8.1%
Q4 24
-3.2%
0.7%
Q3 24
-2.8%
-1.6%
Q2 24
-2.7%
2.3%
Net Margin
ALHC
ALHC
JBLU
JBLU
Q1 26
0.9%
-14.2%
Q4 25
-1.1%
-7.9%
Q3 25
0.4%
-6.2%
Q2 25
1.5%
-3.1%
Q1 25
-1.0%
-9.7%
Q4 24
-4.4%
-1.9%
Q3 24
-3.8%
-2.5%
Q2 24
-3.5%
1.0%
EPS (diluted)
ALHC
ALHC
JBLU
JBLU
Q1 26
$-0.86
Q4 25
$-0.04
$-0.47
Q3 25
$0.02
$-0.39
Q2 25
$0.07
$-0.21
Q1 25
$-0.05
$-0.59
Q4 24
$-0.15
$-0.09
Q3 24
$-0.14
$-0.17
Q2 24
$-0.13
$0.07

Balance Sheet & Financial Strength

Snapshot of each company's liquidity, leverage and book value from the latest quarter.

Metric
ALHC
ALHC
JBLU
JBLU
Cash + ST InvestmentsLiquidity on hand
$705.6M
$1.9B
Total DebtLower is stronger
Stockholders' EquityBook value
$206.9M
$1.8B
Total Assets
$1.3B
$16.6B
Debt / EquityLower = less leverage

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
ALHC
ALHC
JBLU
JBLU
Q1 26
$705.6M
$1.9B
Q4 25
$604.2M
$2.2B
Q3 25
$644.1M
$2.6B
Q2 25
$503.8M
$3.1B
Q1 25
$479.5M
$3.5B
Q4 24
$470.6M
$3.6B
Q3 24
$381.0M
$4.0B
Q2 24
$363.7M
$1.5B
Total Debt
ALHC
ALHC
JBLU
JBLU
Q1 26
Q4 25
$323.2M
$7.7B
Q3 25
$322.7M
$7.8B
Q2 25
$322.3M
$7.7B
Q1 25
$321.9M
$8.1B
Q4 24
$321.4M
$8.1B
Q3 24
$212.0M
$7.9B
Q2 24
$211.7M
$5.0B
Stockholders' Equity
ALHC
ALHC
JBLU
JBLU
Q1 26
$206.9M
$1.8B
Q4 25
$179.3M
$2.1B
Q3 25
$161.9M
$2.3B
Q2 25
$141.0M
$2.4B
Q1 25
$108.1M
$2.4B
Q4 24
$99.9M
$2.6B
Q3 24
$114.5M
$2.6B
Q2 24
$123.7M
$2.7B
Total Assets
ALHC
ALHC
JBLU
JBLU
Q1 26
$1.3B
$16.6B
Q4 25
$1.1B
$16.6B
Q3 25
$1.1B
$16.6B
Q2 25
$1.0B
$16.9B
Q1 25
$895.6M
$17.1B
Q4 24
$782.1M
$16.8B
Q3 24
$692.3M
$16.6B
Q2 24
$716.3M
$14.0B
Debt / Equity
ALHC
ALHC
JBLU
JBLU
Q1 26
Q4 25
1.80×
3.65×
Q3 25
1.99×
3.42×
Q2 25
2.29×
3.21×
Q1 25
2.98×
3.31×
Q4 24
3.22×
3.08×
Q3 24
1.85×
2.98×
Q2 24
1.71×
1.86×

Cash Flow & Capital Efficiency

How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.

Metric
ALHC
ALHC
JBLU
JBLU
Operating Cash FlowLast quarter
$128.7M
Free Cash FlowOCF − Capex
FCF MarginFCF / Revenue
Capex IntensityCapex / Revenue
6.3%
Cash ConversionOCF / Net Profit
11.27×
TTM Free Cash FlowTrailing 4 quarters

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
ALHC
ALHC
JBLU
JBLU
Q1 26
$128.7M
Q4 25
$-50.4M
$49.0M
Q3 25
$144.6M
$-142.0M
Q2 25
$29.1M
$-115.0M
Q1 25
$16.6M
$114.0M
Q4 24
$-8.7M
$-17.0M
Q3 24
$26.2M
$-29.0M
Q2 24
$23.5M
$-14.0M
Free Cash Flow
ALHC
ALHC
JBLU
JBLU
Q1 26
Q4 25
$-55.4M
$-287.0M
Q3 25
$139.1M
$-411.0M
Q2 25
$21.1M
$-412.0M
Q1 25
$8.4M
$-62.0M
Q4 24
$-18.0M
$-368.0M
Q3 24
$16.9M
$-302.0M
Q2 24
$11.8M
$-441.0M
FCF Margin
ALHC
ALHC
JBLU
JBLU
Q1 26
Q4 25
-5.5%
-12.8%
Q3 25
14.0%
-17.7%
Q2 25
2.1%
-17.5%
Q1 25
0.9%
-2.9%
Q4 24
-2.6%
-16.2%
Q3 24
2.4%
-12.8%
Q2 24
1.7%
-18.2%
Capex Intensity
ALHC
ALHC
JBLU
JBLU
Q1 26
6.3%
Q4 25
0.5%
15.0%
Q3 25
0.6%
11.6%
Q2 25
0.8%
12.6%
Q1 25
0.9%
8.2%
Q4 24
1.3%
15.4%
Q3 24
1.3%
11.5%
Q2 24
1.7%
17.6%
Cash Conversion
ALHC
ALHC
JBLU
JBLU
Q1 26
11.27×
Q4 25
Q3 25
38.77×
Q2 25
1.86×
Q1 25
Q4 24
Q3 24
Q2 24
-0.56×

Financial Flow Comparison

Revenue → gross profit → operating profit → net profit for each company.

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