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Alignment Healthcare, Inc.（ALHC）与Rivian Automotive, Inc.（RIVN）财务数据对比。点击上方公司名可切换其他公司
Rivian Automotive, Inc.的季度营收约是Alignment Healthcare, Inc.的1.0倍（$1.3B vs $1.2B），Alignment Healthcare, Inc.净利率更高（0.9% vs -63.1%，领先64.0%），Rivian Automotive, Inc.同比增速更快（-25.8% vs -74.7%），过去两年Alignment Healthcare, Inc.的营收复合增速更高（34.6% vs 3.3%）
Alignment Healthcare是总部位于美国的医疗保健企业，主打联邦医疗保险优势计划，为老年群体提供协调医疗服务、处方药保障及补充福利，采用价值导向医疗模式，与本土医疗机构合作，业务覆盖美国多个州，致力提升患者健康水平。
Rivian Automotive是2009年成立的美国电动汽车制造商及汽车科技企业，主打基于自研滑板平台打造的电动SUV、皮卡及EDV电动配送货车，旗下R1T皮卡于2021年末正式开启交付，还计划于2023年底前在美国和加拿大布局专属充电网络，其平台可适配新车型也可对外授权使用。
ALHC vs RIVN — 直观对比
营收规模更大
RIVN
是对方的1.0倍
$1.2B
营收增速更快
RIVN
高出48.9%
-74.7%
净利率更高
ALHC
高出64.0%
-63.1%
两年增速更快
ALHC
近两年复合增速
3.3%
损益表 — Q1 FY2026 vs Q4 FY2025
| 指标 | | |
|---|---|---|
| 营收 | $1.2B | $1.3B |
| 净利润 | $11.4M | $-811.0M |
| 毛利率 | — | 9.3% |
| 营业利润率 | — | -64.8% |
| 净利率 | 0.9% | -63.1% |
| 营收同比 | -74.7% | -25.8% |
| 净利润同比 | — | -9.0% |
| 每股收益（稀释后） | — | $-0.66 |
绿色 = 该指标领先。财年不对齐时期间可能不同
8季度营收与利润趋势
并排季度历史对比，按日历期对齐，财年错位的公司也能正确匹配
营收ALHCRIVN
| Q1 26 | $1.2B | — | ||
| Q4 25 | $1.0B | $1.3B | ||
| Q3 25 | $993.7M | $1.6B | ||
| Q2 25 | $1.0B | $1.3B | ||
| Q1 25 | $926.9M | $1.2B | ||
| Q4 24 | $701.2M | $1.7B | ||
| Q3 24 | $692.4M | $874.0M | ||
| Q2 24 | $681.3M | $1.2B |
净利润ALHCRIVN
| Q1 26 | $11.4M | — | ||
| Q4 25 | $-11.0M | $-811.0M | ||
| Q3 25 | $3.7M | $-1.2B | ||
| Q2 25 | $15.7M | $-1.1B | ||
| Q1 25 | $-9.1M | $-545.0M | ||
| Q4 24 | $-31.1M | $-744.0M | ||
| Q3 24 | $-26.4M | $-1.1B | ||
| Q2 24 | $-24.0M | $-1.5B |
毛利率ALHCRIVN
| Q1 26 | — | — | ||
| Q4 25 | — | 9.3% | ||
| Q3 25 | — | 1.5% | ||
| Q2 25 | — | -15.8% | ||
| Q1 25 | — | 16.6% | ||
| Q4 24 | — | 9.8% | ||
| Q3 24 | — | -44.9% | ||
| Q2 24 | — | -38.9% |
营业利润率ALHCRIVN
| Q1 26 | — | — | ||
| Q4 25 | -1.0% | -64.8% | ||
| Q3 25 | 0.8% | -63.1% | ||
| Q2 25 | 2.2% | -85.5% | ||
| Q1 25 | -0.6% | -52.8% | ||
| Q4 24 | -3.2% | -38.1% | ||
| Q3 24 | -2.8% | -133.8% | ||
| Q2 24 | -2.7% | -118.7% |
净利率ALHCRIVN
| Q1 26 | 0.9% | — | ||
| Q4 25 | -1.1% | -63.1% | ||
| Q3 25 | 0.4% | -75.3% | ||
| Q2 25 | 1.5% | -85.7% | ||
| Q1 25 | -1.0% | -44.0% | ||
| Q4 24 | -4.4% | -42.9% | ||
| Q3 24 | -3.8% | -125.9% | ||
| Q2 24 | -3.5% | -125.8% |
每股收益（稀释后）ALHCRIVN
| Q1 26 | — | — | ||
| Q4 25 | $-0.04 | $-0.66 | ||
| Q3 25 | $0.02 | $-0.96 | ||
| Q2 25 | $0.07 | $-0.97 | ||
| Q1 25 | $-0.05 | $-0.48 | ||
| Q4 24 | $-0.15 | $-0.67 | ||
| Q3 24 | $-0.14 | $-1.08 | ||
| Q2 24 | $-0.13 | $-1.46 |
资产负债表与财务实力
最新季度各公司的流动性、杠杆与账面价值一览
| 指标 | | |
|---|---|---|
| 现金及短期投资手头流动性 | $705.6M | $6.1B |
| 总债务越低越好 | — | — |
| 股东权益账面价值 | $206.9M | $4.6B |
| 总资产 | $1.3B | $14.9B |
| 负债/权益比越低杠杆越低 | — | — |
8季度趋势，按日历期对齐
现金及短期投资ALHCRIVN
| Q1 26 | $705.6M | — | ||
| Q4 25 | $604.2M | $6.1B | ||
| Q3 25 | $644.1M | $7.1B | ||
| Q2 25 | $503.8M | $7.5B | ||
| Q1 25 | $479.5M | $7.2B | ||
| Q4 24 | $470.6M | $7.7B | ||
| Q3 24 | $381.0M | $6.7B | ||
| Q2 24 | $363.7M | $7.9B |
总债务ALHCRIVN
| Q1 26 | — | — | ||
| 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 | $5.5B |
股东权益ALHCRIVN
| Q1 26 | $206.9M | — | ||
| Q4 25 | $179.3M | $4.6B | ||
| Q3 25 | $161.9M | $5.1B | ||
| Q2 25 | $141.0M | $6.1B | ||
| Q1 25 | $108.1M | $6.2B | ||
| Q4 24 | $99.9M | $6.6B | ||
| Q3 24 | $114.5M | $5.9B | ||
| Q2 24 | $123.7M | $6.8B |
总资产ALHCRIVN
| Q1 26 | $1.3B | — | ||
| Q4 25 | $1.1B | $14.9B | ||
| Q3 25 | $1.1B | $15.2B | ||
| Q2 25 | $1.0B | $15.6B | ||
| Q1 25 | $895.6M | $15.5B | ||
| Q4 24 | $782.1M | $15.4B | ||
| Q3 24 | $692.3M | $14.3B | ||
| Q2 24 | $716.3M | $15.4B |
负债/权益比ALHCRIVN
| 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× | 0.81× |
现金流与资本效率
扣除再投资后实际产生的现金。现金流比净利润更难造假
| 指标 | | |
|---|---|---|
| 经营现金流最新季度 | $128.7M | $-681.0M |
| 自由现金流经营现金流 - 资本支出 | — | $-1.1B |
| 自由现金流率自由现金流/营收 | — | -89.0% |
| 资本支出强度资本支出/营收 | — | 36.0% |
| 现金转化率经营现金流/净利润 | 11.27× | — |
| 过去12个月自由现金流最近4个季度 | — | $-2.5B |
8季度趋势，按日历期对齐
经营现金流ALHCRIVN
| Q1 26 | $128.7M | — | ||
| Q4 25 | $-50.4M | $-681.0M | ||
| Q3 25 | $144.6M | $26.0M | ||
| Q2 25 | $29.1M | $64.0M | ||
| Q1 25 | $16.6M | $-188.0M | ||
| Q4 24 | $-8.7M | $1.2B | ||
| Q3 24 | $26.2M | $-876.0M | ||
| Q2 24 | $23.5M | $-754.0M |
自由现金流ALHCRIVN
| Q1 26 | — | — | ||
| Q4 25 | $-55.4M | $-1.1B | ||
| Q3 25 | $139.1M | $-421.0M | ||
| Q2 25 | $21.1M | $-398.0M | ||
| Q1 25 | $8.4M | $-526.0M | ||
| Q4 24 | $-18.0M | $856.0M | ||
| Q3 24 | $16.9M | $-1.2B | ||
| Q2 24 | $11.8M | $-1.0B |
自由现金流率ALHCRIVN
| Q1 26 | — | — | ||
| Q4 25 | -5.5% | -89.0% | ||
| Q3 25 | 14.0% | -27.0% | ||
| Q2 25 | 2.1% | -30.5% | ||
| Q1 25 | 0.9% | -42.4% | ||
| Q4 24 | -2.6% | 49.4% | ||
| Q3 24 | 2.4% | -131.9% | ||
| Q2 24 | 1.7% | -89.6% |
资本支出强度ALHCRIVN
| Q1 26 | — | — | ||
| Q4 25 | 0.5% | 36.0% | ||
| Q3 25 | 0.6% | 28.7% | ||
| Q2 25 | 0.8% | 35.5% | ||
| Q1 25 | 0.9% | 27.3% | ||
| Q4 24 | 1.3% | 18.9% | ||
| Q3 24 | 1.3% | 31.7% | ||
| Q2 24 | 1.7% | 24.4% |
现金转化率ALHCRIVN
| Q1 26 | 11.27× | — | ||
| Q4 25 | — | — | ||
| Q3 25 | 38.77× | — | ||
| Q2 25 | 1.86× | — | ||
| Q1 25 | — | — | ||
| Q4 24 | — | — | ||
| Q3 24 | — | — | ||
| Q2 24 | — | — |
财务流量对比
营收 → 毛利润 → 营业利润 → 净利润流向图
业务分部营收拆解
ALHC
暂无分部数据
RIVN
| Automotive Segment | $839.0M | 65% |
| Software And Services Segment | $447.0M | 35% |
| Regulatory Credits | $30.0M | 2% |
