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

Alignment Healthcare, Inc. is the larger business by last-quarter revenue ($1.0B vs $862.2M, roughly 1.2× MATTEL INC). MATTEL INC runs the higher net margin — 7.1% vs -1.1%, a 8.2% gap on every dollar of revenue. On growth, Alignment Healthcare, Inc. posted the faster year-over-year revenue change (44.4% vs 4.3%). Alignment Healthcare, Inc. produced more free cash flow last quarter ($-55.4M vs $-88.1M). Over the past eight quarters, Alignment Healthcare, Inc.'s revenue compounded faster (26.9% CAGR vs -10.6%).

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.

Mattel Films was the film production division of American toy and entertainment company Mattel that operated from September 6, 2018 to June 2, 2025. It succeeded Mattel Playground Productions, which was formed on October 16, 2013 as part of Mattel Global Brands, a unified media structural and strategy unit, as itself the successor to Mattel Entertainment and Mattel Studios, Mattel's prior entertainment brands/banners.

ALHC vs MAT — Head-to-Head

Bigger by revenue
ALHC
ALHC
1.2× larger
ALHC
$1.0B
$862.2M
MAT
Growing faster (revenue YoY)
ALHC
ALHC
+40.1% gap
ALHC
44.4%
4.3%
MAT
Higher net margin
MAT
MAT
8.2% more per $
MAT
7.1%
-1.1%
ALHC
More free cash flow
ALHC
ALHC
$32.7M more FCF
ALHC
$-55.4M
$-88.1M
MAT
Faster 2-yr revenue CAGR
ALHC
ALHC
Annualised
ALHC
26.9%
-10.6%
MAT

Income Statement — Q4 FY2025 vs Q1 FY2026

Metric
ALHC
ALHC
MAT
MAT
Revenue
$1.0B
$862.2M
Net Profit
$-11.0M
$61.0M
Gross Margin
44.9%
Operating Margin
-1.0%
Net Margin
-1.1%
7.1%
Revenue YoY
44.4%
4.3%
Net Profit YoY
64.6%
251.4%
EPS (diluted)
$-0.04
$0.20

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
MAT
MAT
Q1 26
$862.2M
Q4 25
$1.0B
$1.8B
Q3 25
$993.7M
$1.7B
Q2 25
$1.0B
$1.0B
Q1 25
$926.9M
$826.6M
Q4 24
$701.2M
$1.6B
Q3 24
$692.4M
$1.8B
Q2 24
$681.3M
$1.1B
Net Profit
ALHC
ALHC
MAT
MAT
Q1 26
$61.0M
Q4 25
$-11.0M
$106.2M
Q3 25
$3.7M
$278.4M
Q2 25
$15.7M
$53.4M
Q1 25
$-9.1M
$-40.3M
Q4 24
$-31.1M
$140.9M
Q3 24
$-26.4M
$372.4M
Q2 24
$-24.0M
$56.9M
Gross Margin
ALHC
ALHC
MAT
MAT
Q1 26
44.9%
Q4 25
45.9%
Q3 25
50.0%
Q2 25
50.9%
Q1 25
49.4%
Q4 24
50.7%
Q3 24
53.1%
Q2 24
49.2%
Operating Margin
ALHC
ALHC
MAT
MAT
Q1 26
Q4 25
-1.0%
8.0%
Q3 25
0.8%
21.9%
Q2 25
2.2%
7.7%
Q1 25
-0.6%
-6.4%
Q4 24
-3.2%
9.6%
Q3 24
-2.8%
26.5%
Q2 24
-2.7%
7.7%
Net Margin
ALHC
ALHC
MAT
MAT
Q1 26
7.1%
Q4 25
-1.1%
6.0%
Q3 25
0.4%
16.0%
Q2 25
1.5%
5.2%
Q1 25
-1.0%
-4.9%
Q4 24
-4.4%
8.6%
Q3 24
-3.8%
20.2%
Q2 24
-3.5%
5.3%
EPS (diluted)
ALHC
ALHC
MAT
MAT
Q1 26
$0.20
Q4 25
$-0.04
$0.32
Q3 25
$0.02
$0.88
Q2 25
$0.07
$0.16
Q1 25
$-0.05
$-0.12
Q4 24
$-0.15
$0.40
Q3 24
$-0.14
$1.09
Q2 24
$-0.13
$0.17

Balance Sheet & Financial Strength

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

Metric
ALHC
ALHC
MAT
MAT
Cash + ST InvestmentsLiquidity on hand
$604.2M
$866.0M
Total DebtLower is stronger
$323.2M
$2.3B
Stockholders' EquityBook value
$179.3M
$2.1B
Total Assets
$1.1B
$6.3B
Debt / EquityLower = less leverage
1.80×
1.11×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
ALHC
ALHC
MAT
MAT
Q1 26
$866.0M
Q4 25
$604.2M
$1.2B
Q3 25
$644.1M
$691.9M
Q2 25
$503.8M
$870.5M
Q1 25
$479.5M
$1.2B
Q4 24
$470.6M
$1.4B
Q3 24
$381.0M
$723.5M
Q2 24
$363.7M
$722.4M
Total Debt
ALHC
ALHC
MAT
MAT
Q1 26
$2.3B
Q4 25
$323.2M
$2.3B
Q3 25
$322.7M
$2.3B
Q2 25
$322.3M
$2.3B
Q1 25
$321.9M
$2.3B
Q4 24
$321.4M
$2.3B
Q3 24
$212.0M
$2.3B
Q2 24
$211.7M
$2.3B
Stockholders' Equity
ALHC
ALHC
MAT
MAT
Q1 26
$2.1B
Q4 25
$179.3M
$2.2B
Q3 25
$161.9M
$2.3B
Q2 25
$141.0M
$2.2B
Q1 25
$108.1M
$2.1B
Q4 24
$99.9M
$2.3B
Q3 24
$114.5M
$2.3B
Q2 24
$123.7M
$2.0B
Total Assets
ALHC
ALHC
MAT
MAT
Q1 26
$6.3B
Q4 25
$1.1B
$6.6B
Q3 25
$1.1B
$6.6B
Q2 25
$1.0B
$6.2B
Q1 25
$895.6M
$6.2B
Q4 24
$782.1M
$6.5B
Q3 24
$692.3M
$6.5B
Q2 24
$716.3M
$5.9B
Debt / Equity
ALHC
ALHC
MAT
MAT
Q1 26
1.11×
Q4 25
1.80×
1.04×
Q3 25
1.99×
1.03×
Q2 25
2.29×
1.08×
Q1 25
2.98×
1.10×
Q4 24
3.22×
1.03×
Q3 24
1.85×
1.01×
Q2 24
1.71×
1.18×

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
MAT
MAT
Operating Cash FlowLast quarter
$-50.4M
Free Cash FlowOCF − Capex
$-55.4M
$-88.1M
FCF MarginFCF / Revenue
-5.5%
-10.2%
Capex IntensityCapex / Revenue
0.5%
7.6%
Cash ConversionOCF / Net Profit
TTM Free Cash FlowTrailing 4 quarters
$113.1M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
ALHC
ALHC
MAT
MAT
Q1 26
Q4 25
$-50.4M
$796.6M
Q3 25
$144.6M
$72.0M
Q2 25
$29.1M
$-300.1M
Q1 25
$16.6M
$24.8M
Q4 24
$-8.7M
$862.1M
Q3 24
$26.2M
$155.8M
Q2 24
$23.5M
$-252.9M
Free Cash Flow
ALHC
ALHC
MAT
MAT
Q1 26
$-88.1M
Q4 25
$-55.4M
Q3 25
$139.1M
Q2 25
$21.1M
Q1 25
$8.4M
Q4 24
$-18.0M
Q3 24
$16.9M
Q2 24
$11.8M
FCF Margin
ALHC
ALHC
MAT
MAT
Q1 26
-10.2%
Q4 25
-5.5%
Q3 25
14.0%
Q2 25
2.1%
Q1 25
0.9%
Q4 24
-2.6%
Q3 24
2.4%
Q2 24
1.7%
Capex Intensity
ALHC
ALHC
MAT
MAT
Q1 26
7.6%
Q4 25
0.5%
Q3 25
0.6%
Q2 25
0.8%
Q1 25
0.9%
Q4 24
1.3%
Q3 24
1.3%
Q2 24
1.7%
Cash Conversion
ALHC
ALHC
MAT
MAT
Q1 26
Q4 25
7.50×
Q3 25
38.77×
0.26×
Q2 25
1.86×
-5.62×
Q1 25
Q4 24
6.12×
Q3 24
0.42×
Q2 24
-4.45×

Financial Flow Comparison

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

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