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Side-by-side financial comparison of Alignment Healthcare, Inc. (ALHC) and LOGITECH INTERNATIONAL S.A. (LOGI). Click either name above to swap in a different company.
LOGITECH INTERNATIONAL S.A. is the larger business by last-quarter revenue ($1.4B vs $1.0B, roughly 1.4× Alignment Healthcare, Inc.). LOGITECH INTERNATIONAL S.A. runs the higher net margin — 17.7% vs -1.1%, a 18.7% gap on every dollar of revenue. On growth, Alignment Healthcare, Inc. posted the faster year-over-year revenue change (44.4% vs 6.1%). LOGITECH INTERNATIONAL S.A. produced more free cash flow last quarter ($465.6M vs $-55.4M). Over the past eight quarters, Alignment Healthcare, Inc.'s revenue compounded faster (26.9% CAGR vs 18.5%).
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.
Logitech International S.A. is a Swiss multinational manufacturer of computer peripherals and software. Headquartered in Lausanne, Switzerland, the company has offices throughout Europe, Asia, Oceania, and the Americas. It is a component of the Swiss Market Index, and is listed on the Nasdaq.
ALHC vs LOGI — Head-to-Head
Income Statement — Q4 FY2025 vs Q3 FY2026
| Metric | | |
|---|---|---|
| Revenue | $1.0B | $1.4B |
| Net Profit | $-11.0M | $251.0M |
| Gross Margin | — | 43.2% |
| Operating Margin | -1.0% | 20.1% |
| Net Margin | -1.1% | 17.7% |
| Revenue YoY | 44.4% | 6.1% |
| Net Profit YoY | 64.6% | 25.4% |
| EPS (diluted) | $-0.04 | $1.69 |
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.
| Q4 25 | $1.0B | $1.4B | ||
| Q3 25 | $993.7M | $1.2B | ||
| Q2 25 | $1.0B | $1.1B | ||
| Q1 25 | $926.9M | $1.0B | ||
| Q4 24 | $701.2M | $1.3B | ||
| Q3 24 | $692.4M | $1.1B | ||
| Q2 24 | $681.3M | $1.1B | ||
| Q1 24 | $628.6M | $1.0B |
| Q4 25 | $-11.0M | $251.0M | ||
| Q3 25 | $3.7M | $170.7M | ||
| Q2 25 | $15.7M | $146.0M | ||
| Q1 25 | $-9.1M | $144.1M | ||
| Q4 24 | $-31.1M | $200.1M | ||
| Q3 24 | $-26.4M | $145.5M | ||
| Q2 24 | $-24.0M | $141.8M | ||
| Q1 24 | $-46.5M | $167.6M |
| Q4 25 | — | 43.2% | ||
| Q3 25 | — | 43.4% | ||
| Q2 25 | — | 41.7% | ||
| Q1 25 | — | 43.1% | ||
| Q4 24 | — | 42.9% | ||
| Q3 24 | — | 43.6% | ||
| Q2 24 | — | 42.8% | ||
| Q1 24 | — | 43.2% |
| Q4 25 | -1.0% | 20.1% | ||
| Q3 25 | 0.8% | 16.1% | ||
| Q2 25 | 2.2% | 14.1% | ||
| Q1 25 | -0.6% | 10.5% | ||
| Q4 24 | -3.2% | 17.5% | ||
| Q3 24 | -2.8% | 14.4% | ||
| Q2 24 | -2.7% | 14.1% | ||
| Q1 24 | -6.5% | 12.9% |
| Q4 25 | -1.1% | 17.7% | ||
| Q3 25 | 0.4% | 14.4% | ||
| Q2 25 | 1.5% | 12.7% | ||
| Q1 25 | -1.0% | 14.3% | ||
| Q4 24 | -4.4% | 14.9% | ||
| Q3 24 | -3.8% | 13.0% | ||
| Q2 24 | -3.5% | 13.0% | ||
| Q1 24 | -7.4% | 16.6% |
| Q4 25 | $-0.04 | $1.69 | ||
| Q3 25 | $0.02 | $1.15 | ||
| Q2 25 | $0.07 | $0.98 | ||
| Q1 25 | $-0.05 | $0.94 | ||
| Q4 24 | $-0.15 | $1.32 | ||
| Q3 24 | $-0.14 | $0.95 | ||
| Q2 24 | $-0.13 | $0.92 | ||
| Q1 24 | $-0.25 | $1.07 |
Balance Sheet & Financial Strength
Snapshot of each company's liquidity, leverage and book value from the latest quarter.
| Metric | | |
|---|---|---|
| Cash + ST InvestmentsLiquidity on hand | $604.2M | $1.8B |
| Total DebtLower is stronger | $323.2M | — |
| Stockholders' EquityBook value | $179.3M | $2.3B |
| Total Assets | $1.1B | $4.1B |
| Debt / EquityLower = less leverage | 1.80× | — |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $604.2M | $1.8B | ||
| Q3 25 | $644.1M | $1.4B | ||
| Q2 25 | $503.8M | $1.5B | ||
| Q1 25 | $479.5M | $1.5B | ||
| Q4 24 | $470.6M | $1.5B | ||
| Q3 24 | $381.0M | $1.4B | ||
| Q2 24 | $363.7M | $1.5B | ||
| Q1 24 | $301.7M | $1.5B |
| Q4 25 | $323.2M | — | ||
| Q3 25 | $322.7M | — | ||
| Q2 25 | $322.3M | — | ||
| Q1 25 | $321.9M | — | ||
| Q4 24 | $321.4M | — | ||
| Q3 24 | $212.0M | — | ||
| Q2 24 | $211.7M | — | ||
| Q1 24 | $162.0M | — |
| Q4 25 | $179.3M | $2.3B | ||
| Q3 25 | $161.9M | $2.1B | ||
| Q2 25 | $141.0M | $2.2B | ||
| Q1 25 | $108.1M | $2.1B | ||
| Q4 24 | $99.9M | $2.1B | ||
| Q3 24 | $114.5M | $2.1B | ||
| Q2 24 | $123.7M | $2.2B | ||
| Q1 24 | $130.9M | $2.2B |
| Q4 25 | $1.1B | $4.1B | ||
| Q3 25 | $1.1B | $3.7B | ||
| Q2 25 | $1.0B | $3.7B | ||
| Q1 25 | $895.6M | $3.5B | ||
| Q4 24 | $782.1M | $3.7B | ||
| Q3 24 | $692.3M | $3.6B | ||
| Q2 24 | $716.3M | $3.7B | ||
| Q1 24 | $633.2M | $3.6B |
| Q4 25 | 1.80× | — | ||
| Q3 25 | 1.99× | — | ||
| Q2 25 | 2.29× | — | ||
| Q1 25 | 2.98× | — | ||
| Q4 24 | 3.22× | — | ||
| Q3 24 | 1.85× | — | ||
| Q2 24 | 1.71× | — | ||
| Q1 24 | 1.24× | — |
Cash Flow & Capital Efficiency
How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.
| Metric | | |
|---|---|---|
| Operating Cash FlowLast quarter | $-50.4M | $480.5M |
| Free Cash FlowOCF − Capex | $-55.4M | $465.6M |
| FCF MarginFCF / Revenue | -5.5% | 32.8% |
| Capex IntensityCapex / Revenue | 0.5% | 1.0% |
| Cash ConversionOCF / Net Profit | — | 1.91× |
| TTM Free Cash FlowTrailing 4 quarters | $113.1M | $903.6M |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $-50.4M | $480.5M | ||
| Q3 25 | $144.6M | $228.8M | ||
| Q2 25 | $29.1M | $125.0M | ||
| Q1 25 | $16.6M | $129.7M | ||
| Q4 24 | $-8.7M | $370.9M | ||
| Q3 24 | $26.2M | $166.0M | ||
| Q2 24 | $23.5M | $176.0M | ||
| Q1 24 | $-6.2M | $239.1M |
| Q4 25 | $-55.4M | $465.6M | ||
| Q3 25 | $139.1M | $212.3M | ||
| Q2 25 | $21.1M | $108.8M | ||
| Q1 25 | $8.4M | $116.9M | ||
| Q4 24 | $-18.0M | $356.6M | ||
| Q3 24 | $16.9M | $151.5M | ||
| Q2 24 | $11.8M | $161.4M | ||
| Q1 24 | $-17.4M | $228.8M |
| Q4 25 | -5.5% | 32.8% | ||
| Q3 25 | 14.0% | 17.9% | ||
| Q2 25 | 2.1% | 9.5% | ||
| Q1 25 | 0.9% | 11.6% | ||
| Q4 24 | -2.6% | 26.6% | ||
| Q3 24 | 2.4% | 13.6% | ||
| Q2 24 | 1.7% | 14.8% | ||
| Q1 24 | -2.8% | 22.6% |
| Q4 25 | 0.5% | 1.0% | ||
| Q3 25 | 0.6% | 1.4% | ||
| Q2 25 | 0.8% | 1.4% | ||
| Q1 25 | 0.9% | 1.3% | ||
| Q4 24 | 1.3% | 1.1% | ||
| Q3 24 | 1.3% | 1.3% | ||
| Q2 24 | 1.7% | 1.3% | ||
| Q1 24 | 1.8% | 1.0% |
| Q4 25 | — | 1.91× | ||
| Q3 25 | 38.77× | 1.34× | ||
| Q2 25 | 1.86× | 0.86× | ||
| Q1 25 | — | 0.90× | ||
| Q4 24 | — | 1.85× | ||
| Q3 24 | — | 1.14× | ||
| Q2 24 | — | 1.24× | ||
| Q1 24 | — | 1.43× |
Financial Flow Comparison
Revenue → gross profit → operating profit → net profit for each company.
Revenue Breakdown by Segment
ALHC
Segment breakdown not available.
LOGI
| Retail Gaming | $482.7M | 34% |
| Retail Keyboards Desktops | $254.6M | 18% |
| Retail Pointing Devices | $241.2M | 17% |
| Retail Video Collaboration | $193.3M | 14% |
| Retail Tablet And Other Accessories | $93.6M | 7% |
| Retail Webcams | $82.3M | 6% |
| Retail Headsets | $45.9M | 3% |
| Other Retail Products | $28.0M | 2% |
