vs
Side-by-side financial comparison of Alignment Healthcare, Inc. (ALHC) and PHINIA INC. (PHIN). Click either name above to swap in a different company.
Alignment Healthcare, Inc. is the larger business by last-quarter revenue ($1.2B vs $889.0M, roughly 1.4× PHINIA INC.). On growth, PHINIA INC. posted the faster year-over-year revenue change (6.7% vs -74.7%). Over the past eight quarters, Alignment Healthcare, Inc.'s revenue compounded faster (34.6% CAGR vs 1.5%).
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.
PHINIA Inc. is a global automotive technology provider specializing in fuel injection systems, starters, alternators, and hybrid/electric vehicle components. It serves OEMs and aftermarket customers across North America, Europe, Asia Pacific and key markets, covering passenger car, commercial vehicle and industrial mobility segments.
ALHC vs PHIN — Head-to-Head
Income Statement — Q1 FY2026 vs Q4 FY2025
| Metric | | |
|---|---|---|
| Revenue | $1.2B | $889.0M |
| Net Profit | $11.4M | — |
| Gross Margin | — | 21.7% |
| Operating Margin | — | 7.8% |
| Net Margin | 0.9% | — |
| Revenue YoY | -74.7% | 6.7% |
| Net Profit YoY | — | — |
| EPS (diluted) | — | $1.14 |
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.
| Q1 26 | $1.2B | — | ||
| Q4 25 | $1.0B | $889.0M | ||
| Q3 25 | $993.7M | $908.0M | ||
| Q2 25 | $1.0B | $890.0M | ||
| Q1 25 | $926.9M | $796.0M | ||
| Q4 24 | $701.2M | $833.0M | ||
| Q3 24 | $692.4M | $839.0M | ||
| Q2 24 | $681.3M | $868.0M |
| Q1 26 | $11.4M | — | ||
| Q4 25 | $-11.0M | — | ||
| Q3 25 | $3.7M | $13.0M | ||
| Q2 25 | $15.7M | $46.0M | ||
| Q1 25 | $-9.1M | $26.0M | ||
| Q4 24 | $-31.1M | — | ||
| Q3 24 | $-26.4M | $31.0M | ||
| Q2 24 | $-24.0M | $14.0M |
| Q1 26 | — | — | ||
| Q4 25 | — | 21.7% | ||
| Q3 25 | — | 22.0% | ||
| Q2 25 | — | 22.1% | ||
| Q1 25 | — | 21.6% | ||
| Q4 24 | — | 22.7% | ||
| Q3 24 | — | 22.3% | ||
| Q2 24 | — | 21.7% |
| Q1 26 | — | — | ||
| Q4 25 | -1.0% | 7.8% | ||
| Q3 25 | 0.8% | 3.7% | ||
| Q2 25 | 2.2% | 10.0% | ||
| Q1 25 | -0.6% | 7.8% | ||
| Q4 24 | -3.2% | 6.1% | ||
| Q3 24 | -2.8% | 7.9% | ||
| Q2 24 | -2.7% | 8.2% |
| Q1 26 | 0.9% | — | ||
| Q4 25 | -1.1% | — | ||
| Q3 25 | 0.4% | 1.4% | ||
| Q2 25 | 1.5% | 5.2% | ||
| Q1 25 | -1.0% | 3.3% | ||
| Q4 24 | -4.4% | — | ||
| Q3 24 | -3.8% | 3.7% | ||
| Q2 24 | -3.5% | 1.6% |
| Q1 26 | — | — | ||
| Q4 25 | $-0.04 | $1.14 | ||
| Q3 25 | $0.02 | $0.33 | ||
| Q2 25 | $0.07 | $1.14 | ||
| Q1 25 | $-0.05 | $0.63 | ||
| Q4 24 | $-0.15 | $0.13 | ||
| Q3 24 | $-0.14 | $0.70 | ||
| Q2 24 | $-0.13 | $0.31 |
Balance Sheet & Financial Strength
Snapshot of each company's liquidity, leverage and book value from the latest quarter.
| Metric | | |
|---|---|---|
| Cash + ST InvestmentsLiquidity on hand | $705.6M | $359.0M |
| Total DebtLower is stronger | — | $970.0M |
| Stockholders' EquityBook value | $206.9M | $1.6B |
| Total Assets | $1.3B | $3.8B |
| Debt / EquityLower = less leverage | — | 0.61× |
8-quarter trend — quarters aligned by calendar period.
| Q1 26 | $705.6M | — | ||
| Q4 25 | $604.2M | $359.0M | ||
| Q3 25 | $644.1M | $349.0M | ||
| Q2 25 | $503.8M | $347.0M | ||
| Q1 25 | $479.5M | $373.0M | ||
| Q4 24 | $470.6M | $484.0M | ||
| Q3 24 | $381.0M | $477.0M | ||
| Q2 24 | $363.7M | $339.0M |
| Q1 26 | — | — | ||
| Q4 25 | $323.2M | $970.0M | ||
| Q3 25 | $322.7M | $990.0M | ||
| Q2 25 | $322.3M | $990.0M | ||
| Q1 25 | $321.9M | $989.0M | ||
| Q4 24 | $321.4M | $988.0M | ||
| Q3 24 | $212.0M | $987.0M | ||
| Q2 24 | $211.7M | $821.0M |
| Q1 26 | $206.9M | — | ||
| Q4 25 | $179.3M | $1.6B | ||
| Q3 25 | $161.9M | $1.6B | ||
| Q2 25 | $141.0M | $1.6B | ||
| Q1 25 | $108.1M | $1.5B | ||
| Q4 24 | $99.9M | $1.6B | ||
| Q3 24 | $114.5M | $1.7B | ||
| Q2 24 | $123.7M | $1.7B |
| Q1 26 | $1.3B | — | ||
| Q4 25 | $1.1B | $3.8B | ||
| Q3 25 | $1.1B | $4.0B | ||
| Q2 25 | $1.0B | $3.9B | ||
| Q1 25 | $895.6M | $3.7B | ||
| Q4 24 | $782.1M | $3.8B | ||
| Q3 24 | $692.3M | $4.0B | ||
| Q2 24 | $716.3M | $3.9B |
| Q1 26 | — | — | ||
| Q4 25 | 1.80× | 0.61× | ||
| Q3 25 | 1.99× | 0.62× | ||
| Q2 25 | 2.29× | 0.61× | ||
| Q1 25 | 2.98× | 0.64× | ||
| Q4 24 | 3.22× | 0.63× | ||
| Q3 24 | 1.85× | 0.58× | ||
| Q2 24 | 1.71× | 0.47× |
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 | $128.7M | $96.0M |
| Free Cash FlowOCF − Capex | — | $67.0M |
| FCF MarginFCF / Revenue | — | 7.5% |
| Capex IntensityCapex / Revenue | — | 3.3% |
| Cash ConversionOCF / Net Profit | 11.27× | — |
| TTM Free Cash FlowTrailing 4 quarters | — | $188.0M |
8-quarter trend — quarters aligned by calendar period.
| Q1 26 | $128.7M | — | ||
| Q4 25 | $-50.4M | $96.0M | ||
| Q3 25 | $144.6M | $119.0M | ||
| Q2 25 | $29.1M | $57.0M | ||
| Q1 25 | $16.6M | $40.0M | ||
| Q4 24 | $-8.7M | $73.0M | ||
| Q3 24 | $26.2M | $95.0M | ||
| Q2 24 | $23.5M | $109.0M |
| Q1 26 | — | — | ||
| Q4 25 | $-55.4M | $67.0M | ||
| Q3 25 | $139.1M | $93.0M | ||
| Q2 25 | $21.1M | $23.0M | ||
| Q1 25 | $8.4M | $5.0M | ||
| Q4 24 | $-18.0M | $53.0M | ||
| Q3 24 | $16.9M | $70.0M | ||
| Q2 24 | $11.8M | $92.0M |
| Q1 26 | — | — | ||
| Q4 25 | -5.5% | 7.5% | ||
| Q3 25 | 14.0% | 10.2% | ||
| Q2 25 | 2.1% | 2.6% | ||
| Q1 25 | 0.9% | 0.6% | ||
| Q4 24 | -2.6% | 6.4% | ||
| Q3 24 | 2.4% | 8.3% | ||
| Q2 24 | 1.7% | 10.6% |
| Q1 26 | — | — | ||
| Q4 25 | 0.5% | 3.3% | ||
| Q3 25 | 0.6% | 2.9% | ||
| Q2 25 | 0.8% | 3.8% | ||
| Q1 25 | 0.9% | 4.4% | ||
| Q4 24 | 1.3% | 2.4% | ||
| Q3 24 | 1.3% | 3.0% | ||
| Q2 24 | 1.7% | 2.0% |
| Q1 26 | 11.27× | — | ||
| Q4 25 | — | — | ||
| Q3 25 | 38.77× | 9.15× | ||
| Q2 25 | 1.86× | 1.24× | ||
| Q1 25 | — | 1.54× | ||
| Q4 24 | — | — | ||
| Q3 24 | — | 3.06× | ||
| Q2 24 | — | 7.79× |
Financial Flow Comparison
Revenue → gross profit → operating profit → net profit for each company.
Revenue Breakdown by Segment
ALHC
Segment breakdown not available.
PHIN
| Customer | $618.0M | 70% |
| Fuel Systems | $194.0M | 22% |
| Other | $77.0M | 9% |
