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

Alignment Healthcare, Inc. is the larger business by last-quarter revenue ($1.2B vs $760.3M, roughly 1.6× Sabre Corp). Sabre Corp runs the higher net margin — 1.1% vs 0.9%, a 0.1% gap on every dollar of revenue. On growth, Sabre Corp posted the faster year-over-year revenue change (8.3% vs -74.7%). Over the past eight quarters, Alignment Healthcare, Inc.'s revenue compounded faster (34.6% CAGR vs 4.6%).

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.

Sabre Corporation, a travel technology company headquartered in Southlake, Texas, is the largest global distribution systems (GDS) provider for air bookings. The company's primary product, the Sabre Global Distribution System, and others like it, act as neutral intermediaries, connecting travel suppliers like airlines and hotels with travel sellers like agencies. They offer real-time availability and pricing, making them important for corporate travel management.

ALHC vs SABR — Head-to-Head

Bigger by revenue
ALHC
ALHC
1.6× larger
ALHC
$1.2B
$760.3M
SABR
Growing faster (revenue YoY)
SABR
SABR
+83.0% gap
SABR
8.3%
-74.7%
ALHC
Higher net margin
SABR
SABR
0.1% more per $
SABR
1.1%
0.9%
ALHC
Faster 2-yr revenue CAGR
ALHC
ALHC
Annualised
ALHC
34.6%
4.6%
SABR

Income Statement — Q1 FY2026 vs Q1 FY2026

Metric
ALHC
ALHC
SABR
SABR
Revenue
$1.2B
$760.3M
Net Profit
$11.4M
$8.1M
Gross Margin
Operating Margin
15.2%
Net Margin
0.9%
1.1%
Revenue YoY
-74.7%
8.3%
Net Profit YoY
-77.0%
EPS (diluted)
$0.02

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
SABR
SABR
Q1 26
$1.2B
$760.3M
Q4 25
$1.0B
$592.0M
Q3 25
$993.7M
$715.2M
Q2 25
$1.0B
$687.1M
Q1 25
$926.9M
$776.6M
Q4 24
$701.2M
$575.6M
Q3 24
$692.4M
$691.3M
Q2 24
$681.3M
$695.0M
Net Profit
ALHC
ALHC
SABR
SABR
Q1 26
$11.4M
$8.1M
Q4 25
$-11.0M
$-103.5M
Q3 25
$3.7M
$848.5M
Q2 25
$15.7M
$-256.5M
Q1 25
$-9.1M
$35.5M
Q4 24
$-31.1M
$-74.7M
Q3 24
$-26.4M
$-62.8M
Q2 24
$-24.0M
$-69.8M
Gross Margin
ALHC
ALHC
SABR
SABR
Q1 26
Q4 25
55.4%
Q3 25
56.2%
Q2 25
56.9%
Q1 25
57.0%
Q4 24
58.8%
Q3 24
57.4%
Q2 24
57.8%
Operating Margin
ALHC
ALHC
SABR
SABR
Q1 26
15.2%
Q4 25
-1.0%
1.6%
Q3 25
0.8%
13.1%
Q2 25
2.2%
13.0%
Q1 25
-0.6%
13.3%
Q4 24
-3.2%
6.5%
Q3 24
-2.8%
8.4%
Q2 24
-2.7%
7.0%
Net Margin
ALHC
ALHC
SABR
SABR
Q1 26
0.9%
1.1%
Q4 25
-1.1%
-17.5%
Q3 25
0.4%
118.6%
Q2 25
1.5%
-37.3%
Q1 25
-1.0%
4.6%
Q4 24
-4.4%
-13.0%
Q3 24
-3.8%
-9.1%
Q2 24
-3.5%
-10.0%
EPS (diluted)
ALHC
ALHC
SABR
SABR
Q1 26
$0.02
Q4 25
$-0.04
$-0.08
Q3 25
$0.02
$1.98
Q2 25
$0.07
$-0.65
Q1 25
$-0.05
$0.09
Q4 24
$-0.15
$-0.20
Q3 24
$-0.14
$-0.16
Q2 24
$-0.13
$-0.18

Balance Sheet & Financial Strength

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

Metric
ALHC
ALHC
SABR
SABR
Cash + ST InvestmentsLiquidity on hand
$705.6M
$643.6M
Total DebtLower is stronger
$4.3B
Stockholders' EquityBook value
$206.9M
Total Assets
$1.3B
$4.3B
Debt / EquityLower = less leverage

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
ALHC
ALHC
SABR
SABR
Q1 26
$705.6M
$643.6M
Q4 25
$604.2M
$791.6M
Q3 25
$644.1M
$661.7M
Q2 25
$503.8M
$426.1M
Q1 25
$479.5M
$651.1M
Q4 24
$470.6M
$724.5M
Q3 24
$381.0M
$668.8M
Q2 24
$363.7M
$612.6M
Total Debt
ALHC
ALHC
SABR
SABR
Q1 26
$4.3B
Q4 25
$323.2M
$4.3B
Q3 25
$322.7M
$4.2B
Q2 25
$322.3M
$5.1B
Q1 25
$321.9M
$5.0B
Q4 24
$321.4M
$5.0B
Q3 24
$212.0M
$4.9B
Q2 24
$211.7M
$4.9B
Stockholders' Equity
ALHC
ALHC
SABR
SABR
Q1 26
$206.9M
Q4 25
$179.3M
$-1.0B
Q3 25
$161.9M
$-950.8M
Q2 25
$141.0M
$-1.8B
Q1 25
$108.1M
$-1.6B
Q4 24
$99.9M
$-1.6B
Q3 24
$114.5M
$-1.5B
Q2 24
$123.7M
$-1.5B
Total Assets
ALHC
ALHC
SABR
SABR
Q1 26
$1.3B
$4.3B
Q4 25
$1.1B
$4.5B
Q3 25
$1.1B
$4.4B
Q2 25
$1.0B
$4.4B
Q1 25
$895.6M
$4.7B
Q4 24
$782.1M
$4.6B
Q3 24
$692.3M
$4.7B
Q2 24
$716.3M
$4.7B
Debt / Equity
ALHC
ALHC
SABR
SABR
Q1 26
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×

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
SABR
SABR
Operating Cash FlowLast quarter
$128.7M
Free Cash FlowOCF − Capex
$-155.4M
FCF MarginFCF / Revenue
-20.4%
Capex IntensityCapex / Revenue
Cash ConversionOCF / Net Profit
11.27×
TTM Free Cash FlowTrailing 4 quarters

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
ALHC
ALHC
SABR
SABR
Q1 26
$128.7M
Q4 25
$-50.4M
Q3 25
$144.6M
$33.7M
Q2 25
$29.1M
Q1 25
$16.6M
$-80.6M
Q4 24
$-8.7M
$75.7M
Q3 24
$26.2M
$24.4M
Q2 24
$23.5M
$38.2M
Free Cash Flow
ALHC
ALHC
SABR
SABR
Q1 26
$-155.4M
Q4 25
$-55.4M
Q3 25
$139.1M
$13.4M
Q2 25
$21.1M
Q1 25
$8.4M
$-98.5M
Q4 24
$-18.0M
$61.0M
Q3 24
$16.9M
$5.1M
Q2 24
$11.8M
$20.4M
FCF Margin
ALHC
ALHC
SABR
SABR
Q1 26
-20.4%
Q4 25
-5.5%
Q3 25
14.0%
1.9%
Q2 25
2.1%
Q1 25
0.9%
-12.7%
Q4 24
-2.6%
10.6%
Q3 24
2.4%
0.7%
Q2 24
1.7%
2.9%
Capex Intensity
ALHC
ALHC
SABR
SABR
Q1 26
Q4 25
0.5%
4.0%
Q3 25
0.6%
2.8%
Q2 25
0.8%
3.1%
Q1 25
0.9%
2.3%
Q4 24
1.3%
2.6%
Q3 24
1.3%
2.8%
Q2 24
1.7%
2.6%
Cash Conversion
ALHC
ALHC
SABR
SABR
Q1 26
11.27×
Q4 25
Q3 25
38.77×
0.04×
Q2 25
1.86×
Q1 25
-2.27×
Q4 24
Q3 24
Q2 24

Financial Flow Comparison

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

Revenue Breakdown by Segment

ALHC
ALHC

Segment breakdown not available.

SABR
SABR

Marketplace$618.0M81%
Airline Technology$142.0M19%

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