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Side-by-side financial comparison of Alignment Healthcare, Inc. (ALHC) and KELLY SERVICES INC (KELYA). Click either name above to swap in a different company.

Alignment Healthcare, Inc. is the larger business by last-quarter revenue ($1.2B vs $1.2B, roughly 1.0× KELLY SERVICES INC). On growth, KELLY SERVICES INC posted the faster year-over-year revenue change (-3.3% vs -74.7%). Over the past eight quarters, Alignment Healthcare, Inc.'s revenue compounded faster (34.6% CAGR vs -3.1%).

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.

Kelly Services, Inc. is an American multinational office staffing company. The company places employees at all levels in various sectors including financial services, information technology, and law. Also, its professional services include human resource and management consulting, outsourcing, recruitment, career transition, and vendor management. Kelly Services was founded by William Russell Kelly in 1946 and is headquartered in Troy, Michigan.

ALHC vs KELYA — Head-to-Head

Bigger by revenue
ALHC
ALHC
1.0× larger
ALHC
$1.2B
$1.2B
KELYA
Growing faster (revenue YoY)
KELYA
KELYA
+71.4% gap
KELYA
-3.3%
-74.7%
ALHC
Faster 2-yr revenue CAGR
ALHC
ALHC
Annualised
ALHC
34.6%
-3.1%
KELYA

Income Statement — Q1 FY2026 vs Q4 FY2024

Metric
ALHC
ALHC
KELYA
KELYA
Revenue
$1.2B
$1.2B
Net Profit
$11.4M
Gross Margin
20.3%
Operating Margin
-4.8%
Net Margin
0.9%
Revenue YoY
-74.7%
-3.3%
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
KELYA
KELYA
Q1 26
$1.2B
Q4 25
$1.0B
Q3 25
$993.7M
Q2 25
$1.0B
Q1 25
$926.9M
Q4 24
$701.2M
$1.2B
Q3 24
$692.4M
$1.0B
Q2 24
$681.3M
$1.1B
Net Profit
ALHC
ALHC
KELYA
KELYA
Q1 26
$11.4M
Q4 25
$-11.0M
Q3 25
$3.7M
Q2 25
$15.7M
Q1 25
$-9.1M
Q4 24
$-31.1M
Q3 24
$-26.4M
$800.0K
Q2 24
$-24.0M
$4.6M
Gross Margin
ALHC
ALHC
KELYA
KELYA
Q1 26
Q4 25
Q3 25
Q2 25
Q1 25
Q4 24
20.3%
Q3 24
21.4%
Q2 24
20.2%
Operating Margin
ALHC
ALHC
KELYA
KELYA
Q1 26
Q4 25
-1.0%
Q3 25
0.8%
Q2 25
2.2%
Q1 25
-0.6%
Q4 24
-3.2%
-4.8%
Q3 24
-2.8%
0.3%
Q2 24
-2.7%
1.2%
Net Margin
ALHC
ALHC
KELYA
KELYA
Q1 26
0.9%
Q4 25
-1.1%
Q3 25
0.4%
Q2 25
1.5%
Q1 25
-1.0%
Q4 24
-4.4%
Q3 24
-3.8%
0.1%
Q2 24
-3.5%
0.4%
EPS (diluted)
ALHC
ALHC
KELYA
KELYA
Q1 26
Q4 25
$-0.04
Q3 25
$0.02
Q2 25
$0.07
Q1 25
$-0.05
Q4 24
$-0.15
$-0.86
Q3 24
$-0.14
$0.02
Q2 24
$-0.13
$0.12

Balance Sheet & Financial Strength

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

Metric
ALHC
ALHC
KELYA
KELYA
Cash + ST InvestmentsLiquidity on hand
$705.6M
$39.0M
Total DebtLower is stronger
$239.4M
Stockholders' EquityBook value
$206.9M
$1.2B
Total Assets
$1.3B
$2.6B
Debt / EquityLower = less leverage
0.19×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
ALHC
ALHC
KELYA
KELYA
Q1 26
$705.6M
Q4 25
$604.2M
Q3 25
$644.1M
Q2 25
$503.8M
Q1 25
$479.5M
Q4 24
$470.6M
$39.0M
Q3 24
$381.0M
$32.8M
Q2 24
$363.7M
$38.2M
Total Debt
ALHC
ALHC
KELYA
KELYA
Q1 26
Q4 25
$323.2M
Q3 25
$322.7M
Q2 25
$322.3M
Q1 25
$321.9M
Q4 24
$321.4M
$239.4M
Q3 24
$212.0M
$228.2M
Q2 24
$211.7M
$210.4M
Stockholders' Equity
ALHC
ALHC
KELYA
KELYA
Q1 26
$206.9M
Q4 25
$179.3M
Q3 25
$161.9M
Q2 25
$141.0M
Q1 25
$108.1M
Q4 24
$99.9M
$1.2B
Q3 24
$114.5M
$1.3B
Q2 24
$123.7M
$1.3B
Total Assets
ALHC
ALHC
KELYA
KELYA
Q1 26
$1.3B
Q4 25
$1.1B
Q3 25
$1.1B
Q2 25
$1.0B
Q1 25
$895.6M
Q4 24
$782.1M
$2.6B
Q3 24
$692.3M
$2.7B
Q2 24
$716.3M
$2.6B
Debt / Equity
ALHC
ALHC
KELYA
KELYA
Q1 26
Q4 25
1.80×
Q3 25
1.99×
Q2 25
2.29×
Q1 25
2.98×
Q4 24
3.22×
0.19×
Q3 24
1.85×
0.18×
Q2 24
1.71×
0.16×

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
KELYA
KELYA
Operating Cash FlowLast quarter
$128.7M
$15.0M
Free Cash FlowOCF − Capex
$13.0M
FCF MarginFCF / Revenue
1.1%
Capex IntensityCapex / Revenue
0.2%
Cash ConversionOCF / Net Profit
11.27×
TTM Free Cash FlowTrailing 4 quarters
$15.8M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
ALHC
ALHC
KELYA
KELYA
Q1 26
$128.7M
Q4 25
$-50.4M
Q3 25
$144.6M
Q2 25
$29.1M
Q1 25
$16.6M
Q4 24
$-8.7M
$15.0M
Q3 24
$26.2M
$-20.3M
Q2 24
$23.5M
$57.7M
Free Cash Flow
ALHC
ALHC
KELYA
KELYA
Q1 26
Q4 25
$-55.4M
Q3 25
$139.1M
Q2 25
$21.1M
Q1 25
$8.4M
Q4 24
$-18.0M
$13.0M
Q3 24
$16.9M
$-22.7M
Q2 24
$11.8M
$54.7M
FCF Margin
ALHC
ALHC
KELYA
KELYA
Q1 26
Q4 25
-5.5%
Q3 25
14.0%
Q2 25
2.1%
Q1 25
0.9%
Q4 24
-2.6%
1.1%
Q3 24
2.4%
-2.2%
Q2 24
1.7%
5.2%
Capex Intensity
ALHC
ALHC
KELYA
KELYA
Q1 26
Q4 25
0.5%
Q3 25
0.6%
Q2 25
0.8%
Q1 25
0.9%
Q4 24
1.3%
0.2%
Q3 24
1.3%
0.2%
Q2 24
1.7%
0.3%
Cash Conversion
ALHC
ALHC
KELYA
KELYA
Q1 26
11.27×
Q4 25
Q3 25
38.77×
Q2 25
1.86×
Q1 25
Q4 24
Q3 24
-25.38×
Q2 24
12.54×

Financial Flow Comparison

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

Revenue Breakdown by Segment

ALHC
ALHC

Segment breakdown not available.

KELYA
KELYA

Science Engineering Technology$295.8M25%
Education$293.1M25%
Staffing Services$237.7M20%
Other$138.8M12%
Talent Solutions$120.5M10%
Outcome Based Services$103.6M9%
Permanent Placement$1.6M0%

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