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Side-by-side financial comparison of Alignment Healthcare, Inc. (ALHC) and Noble Corp plc (NE). Click either name above to swap in a different company.
Alignment Healthcare, Inc. is the larger business by last-quarter revenue ($1.0B vs $764.4M, roughly 1.3× Noble Corp plc). Noble Corp plc runs the higher net margin — 11.3% vs -1.1%, a 12.4% gap on every dollar of revenue. On growth, Alignment Healthcare, Inc. posted the faster year-over-year revenue change (44.4% vs -17.6%). Noble Corp plc produced more free cash flow last quarter ($35.4M vs $-55.4M). Over the past eight quarters, Alignment Healthcare, Inc.'s revenue compounded faster (26.9% CAGR vs 9.5%).
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.
Barnes & Noble Booksellers is an American bookseller with the largest number of retail outlets in the United States. The company operates approximately 700+ retail stores across the United States.
ALHC vs NE — Head-to-Head
Income Statement — Q4 FY2025 vs Q4 FY2025
| Metric | | |
|---|---|---|
| Revenue | $1.0B | $764.4M |
| Net Profit | $-11.0M | $86.6M |
| Gross Margin | — | — |
| Operating Margin | -1.0% | 5.6% |
| Net Margin | -1.1% | 11.3% |
| Revenue YoY | 44.4% | -17.6% |
| Net Profit YoY | 64.6% | -10.4% |
| EPS (diluted) | $-0.04 | $0.54 |
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 | $764.4M | ||
| Q3 25 | $993.7M | $798.0M | ||
| Q2 25 | $1.0B | $848.7M | ||
| Q1 25 | $926.9M | $874.5M | ||
| Q4 24 | $701.2M | $927.3M | ||
| Q3 24 | $692.4M | $800.5M | ||
| Q2 24 | $681.3M | $692.8M | ||
| Q1 24 | $628.6M | $637.1M |
| Q4 25 | $-11.0M | $86.6M | ||
| Q3 25 | $3.7M | $-21.1M | ||
| Q2 25 | $15.7M | $42.9M | ||
| Q1 25 | $-9.1M | $108.3M | ||
| Q4 24 | $-31.1M | $96.6M | ||
| Q3 24 | $-26.4M | $61.2M | ||
| Q2 24 | $-24.0M | $195.0M | ||
| Q1 24 | $-46.5M | $95.5M |
| Q4 25 | -1.0% | 5.6% | ||
| Q3 25 | 0.8% | 6.3% | ||
| Q2 25 | 2.2% | 15.9% | ||
| Q1 25 | -0.6% | 21.4% | ||
| Q4 24 | -3.2% | 18.4% | ||
| Q3 24 | -2.8% | 14.4% | ||
| Q2 24 | -2.7% | 30.3% | ||
| Q1 24 | -6.5% | 16.9% |
| Q4 25 | -1.1% | 11.3% | ||
| Q3 25 | 0.4% | -2.6% | ||
| Q2 25 | 1.5% | 5.1% | ||
| Q1 25 | -1.0% | 12.4% | ||
| Q4 24 | -4.4% | 10.4% | ||
| Q3 24 | -3.8% | 7.6% | ||
| Q2 24 | -3.5% | 28.1% | ||
| Q1 24 | -7.4% | 15.0% |
| Q4 25 | $-0.04 | $0.54 | ||
| Q3 25 | $0.02 | $-0.13 | ||
| Q2 25 | $0.07 | $0.27 | ||
| Q1 25 | $-0.05 | $0.67 | ||
| Q4 24 | $-0.15 | $0.56 | ||
| Q3 24 | $-0.14 | $0.40 | ||
| Q2 24 | $-0.13 | $1.34 | ||
| Q1 24 | $-0.25 | $0.66 |
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 | $471.4M |
| Total DebtLower is stronger | $323.2M | — |
| Stockholders' EquityBook value | $179.3M | $4.5B |
| Total Assets | $1.1B | $7.5B |
| Debt / EquityLower = less leverage | 1.80× | — |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $604.2M | $471.4M | ||
| Q3 25 | $644.1M | $477.9M | ||
| Q2 25 | $503.8M | $338.2M | ||
| Q1 25 | $479.5M | $303.8M | ||
| Q4 24 | $470.6M | $247.3M | ||
| Q3 24 | $381.0M | $391.9M | ||
| Q2 24 | $363.7M | $162.9M | ||
| Q1 24 | $301.7M | $212.5M |
| 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 | $4.5B | ||
| Q3 25 | $161.9M | $4.5B | ||
| Q2 25 | $141.0M | $4.6B | ||
| Q1 25 | $108.1M | $4.7B | ||
| Q4 24 | $99.9M | $4.7B | ||
| Q3 24 | $114.5M | $4.7B | ||
| Q2 24 | $123.7M | $4.0B | ||
| Q1 24 | $130.9M | $3.9B |
| Q4 25 | $1.1B | $7.5B | ||
| Q3 25 | $1.1B | $7.6B | ||
| Q2 25 | $1.0B | $7.7B | ||
| Q1 25 | $895.6M | $7.9B | ||
| Q4 24 | $782.1M | $8.0B | ||
| Q3 24 | $692.3M | $8.0B | ||
| Q2 24 | $716.3M | $5.6B | ||
| Q1 24 | $633.2M | $5.4B |
| 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 | $187.1M |
| Free Cash FlowOCF − Capex | $-55.4M | $35.4M |
| FCF MarginFCF / Revenue | -5.5% | 4.6% |
| Capex IntensityCapex / Revenue | 0.5% | 19.9% |
| Cash ConversionOCF / Net Profit | — | 2.16× |
| TTM Free Cash FlowTrailing 4 quarters | $113.1M | $432.2M |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $-50.4M | $187.1M | ||
| Q3 25 | $144.6M | $277.1M | ||
| Q2 25 | $29.1M | $216.4M | ||
| Q1 25 | $16.6M | $271.1M | ||
| Q4 24 | $-8.7M | $136.2M | ||
| Q3 24 | $26.2M | $283.8M | ||
| Q2 24 | $23.5M | $106.8M | ||
| Q1 24 | $-6.2M | $128.7M |
| Q4 25 | $-55.4M | $35.4M | ||
| Q3 25 | $139.1M | $139.5M | ||
| Q2 25 | $21.1M | $99.8M | ||
| Q1 25 | $8.4M | $157.5M | ||
| Q4 24 | $-18.0M | $-4.4M | ||
| Q3 24 | $16.9M | $156.8M | ||
| Q2 24 | $11.8M | $-34.3M | ||
| Q1 24 | $-17.4M | $-37.9M |
| Q4 25 | -5.5% | 4.6% | ||
| Q3 25 | 14.0% | 17.5% | ||
| Q2 25 | 2.1% | 11.8% | ||
| Q1 25 | 0.9% | 18.0% | ||
| Q4 24 | -2.6% | -0.5% | ||
| Q3 24 | 2.4% | 19.6% | ||
| Q2 24 | 1.7% | -4.9% | ||
| Q1 24 | -2.8% | -6.0% |
| Q4 25 | 0.5% | 19.9% | ||
| Q3 25 | 0.6% | 17.3% | ||
| Q2 25 | 0.8% | 13.7% | ||
| Q1 25 | 0.9% | 13.0% | ||
| Q4 24 | 1.3% | 15.2% | ||
| Q3 24 | 1.3% | 15.9% | ||
| Q2 24 | 1.7% | 20.4% | ||
| Q1 24 | 1.8% | 26.2% |
| Q4 25 | — | 2.16× | ||
| Q3 25 | 38.77× | — | ||
| Q2 25 | 1.86× | 5.05× | ||
| Q1 25 | — | 2.50× | ||
| Q4 24 | — | 1.41× | ||
| Q3 24 | — | 4.64× | ||
| Q2 24 | — | 0.55× | ||
| Q1 24 | — | 1.35× |
Financial Flow Comparison
Revenue → gross profit → operating profit → net profit for each company.
Revenue Breakdown by Segment
ALHC
Segment breakdown not available.
NE
| Floaters | $559.8M | 73% |
| Jackups | $145.5M | 19% |
| Service Other | $59.1M | 8% |
