Alight, Inc. / Delaware

Listed Company

ALITCIK 0001809104NYSELarge AcceleratedServices-Business Services, NecDelawareFY ends Dec 31

Period

FY 2025

Revenue

$2.26B

Net Income

$-3.10B

Total Assets

$4.57B

Equity

$1.04B

Shares Out

446.79M

Op. Cash Flow

$360.00M

ALIT$21.68−84.46% · past yearDBEQ Basic

Daily closing prices

Business

Alight is a technology-enabled services company delivering human capital management solutions, including benefits administration, healthcare navigation, financial wellbeing, leave management and retiree healthcare through its cloud-based Alight Worklife platform. The company provides integrated employee benefits solutions supported by data, analytics and AI-driven omnichannel engagement to large and complex organizations globally. Alight generates recurring revenue primarily from per-participant-per-period fees across three-to-five-year contracts with Fortune 500 companies, public institutions and mid-market businesses.

Summary from 10-K filed 2026-02-24

Financials

Consolidated Statement of Income

Year Ended · In millions, except per-share amounts

Concept	FY 2025 2025-12-31	FY 2024 2024-12-31	FY 2023 2023-12-31	FY 2022 2022-12-31	FY 2021 2021-12-31
Revenue	2,262	2,332	2,386	2,207	—
Cost of services, exclusive of depreciation and amortization	1,386	1,442	1,504	1,472	—
Depreciation and amortization	111	96	72	49	—
Gross Profit	765	794	810	686	—
Selling, general and administrative	435	585	590	479	—
Depreciation and intangible amortization	296	299	301	301	—
Goodwill impairment	3,124	0	0	—	—
Total Operating expenses	3,855	884	891	780	—
Operating Income (Loss) From Continuing Operations	−3,090	−90	−81	−94	—
(Gain) Loss from change in fair value of financial instruments	−1	−57	10	−38	—
(Gain) Loss from change in fair value of tax receivable agreement	−93	34	118	−41	—
Interest expense	92	103	131	121	—
Other (income) expense, net	−26	−22	−3	−12	—
Total Other (income) expense, net	−28	58	256	30	—
Income (Loss) From Continuing Operations Before Taxes	−3,062	−148	−337	−124	—
Income tax expense (benefit)	16	−8	−20	16	—
Net Income (Loss) From Continuing Operations	−3,078	−140	−317	−140	—
Net Income (Loss) From Discontinued Operations, Net of Tax	−21	−19	−45	68	—
Net Income (Loss)	−3,099	−159	−362	−72	—
Net income (loss) attributable to noncontrolling interests	−2	−2	−17	−10	—
Net Income (Loss) Attributable to Alight, Inc.	−3,097	−157	−345	−62	−35
Continuing operations, basic (in dollars per share)	−5.83	−0.25	−0.61	−0.28	—
Continuing operations, diluted (in dollars per share)	−5.83	−0.25	−0.61	−0.28	—
Discontinued operations, basic (in dollars per share)	−0.04	−0.04	−0.09	0.14	—
Discontinued operations, diluted (in dollars per share)	−0.04	−0.04	−0.09	0.14	—
Net income (loss), basic (in dollars per share)	−5.87	−0.29	−0.7	−0.14	−0.08
Net income (loss), diluted (in dollars per share)	−5.87	−0.29	−0.7	−0.14	−0.08
Change in fair value of derivatives	−27	−35	−42	114	—
Foreign currency translation adjustments	0	7	9	−14	—
Total Other comprehensive income (loss), net of tax:	−27	−28	−33	100	—
Comprehensive Income (Loss) Before Noncontrolling Interests	−3,126	−187	−395	28	—
Comprehensive income (loss) attributable to noncontrolling interests	−2	−6	−26	3	—
Comprehensive Income (Loss) Attributable to Alight, Inc.	−3,124	−181	−369	25	—

Consolidated Balance Sheet

As of · In millions, except per-share amounts

Concept	FY 2025 2025-12-31	FY 2024 2024-12-31	FY 2023 2023-12-31	FY 2022 2022-12-31	FY 2021 2021-12-31
Cash and cash equivalents	273	343	324	228	372
Receivables, net	387	471	435	678	515
Other current assets	234	214	260	379	302
Fiduciary assets	248	239	234	1,509	1,280
Total Current Assets	1,142	1,267	2,776	2,816	2,469
Goodwill	83	3,212	3,212	3,679	3,638
Intangible assets, net	2,573	2,855	3,136	3,872	4,170
Fixed assets, net	378	396	331	—	—
Deferred tax assets, net	15	41	38	6	3
Other assets	377	422	341	542	472
Total Assets	4,568	8,193	10,782	11,235	10,988
Accounts payable and accrued liabilities	253	355	325	508	406
Current portion of long-term debt, net	20	25	25	31	38
Other current liabilities	353	273	233	300	401
Fiduciary liabilities	248	239	234	1,509	1,280
Total Current Liabilities	874	892	2,187	2,348	2,125
Deferred tax liabilities	14	22	32	60	36
Long-term debt, net	1,985	2,000	2,769	2,792	2,830
Long-term tax receivable agreement	508	757	733	568	581
Financial instruments	0	51	109	97	135
Other liabilities	141	158	142	281	353
Total Liabilities	3,522	3,880	6,040	6,146	6,060
Commitments and Contingencies	—	—	—	—	—
Preferred stock at $0.0001 par value: 1.0 shares authorized, none issued and outstanding	0	0	0	—	—
Treasury stock, at cost (42.6 and 28.8 shares at December 31, 2025 and December 31, 2024, respectively)	−284	−219	−52	−12	—
Additional paid-in-capital	5,065	5,141	4,946	4,514	4,228
Accumulated deficit	−3,757	−660	−503	−158	−96
Accumulated other comprehensive income	20	47	71	95	8
Total Alight, Inc. Stockholders' Equity	1,044	4,309	4,462	4,439	4,140
Noncontrolling interest	2	4	280	650	788
Total Stockholders' Equity	1,046	4,313	4,742	5,089	4,928
Total Liabilities and Stockholders' Equity	4,568	8,193	10,782	11,235	10,988

Consolidated Statement of Cash Flows

Year Ended · In millions, except per-share amounts

Concept	FY 2025 2025-12-31	FY 2024 2024-12-31	FY 2023 2023-12-31	FY 2022 2022-12-31	FY 2020 2020-12-31
Depreciation	126	115	92	72	91
Intangible asset amortization	281	280	281	278	—
Noncash lease expense	7	11	13	16	—
Financing fee and premium amortization	2	0	−2	−2	—
Share-based compensation expense	19	76	139	164	5
Release of unrecognized tax provision	0	−1	−1	−31	—
Deferred tax expense (benefit)	8	−19	−9	25	—
Other	15	−1	2	1	—
Accounts receivable	84	−37	−20	−74	—
Accounts payable and accrued liabilities	−90	31	−61	69	—
Other assets and liabilities	−44	−99	2	−61	—
Cash provided by operating activities - continuing operations	360	193	247	238	—
Cash provided by operating activities - discontinued operations	0	59	139	48	—
Net cash provided by operating activities	360	252	386	286	—
Net proceeds from sale of business	−13	968	0	0	—
Acquisition of businesses, net of cash acquired	0	0	1	−87	—
Capital expenditures	−110	−121	−140	−131	—
Cash provided by (used in) investing activities - continuing operations	−123	847	−139	−218	—
Cash used in investing activities - discontinued operations	0	−11	−20	−17	—
Net cash provided by (used in) investing activities	−123	836	−159	−235	—
Dividend payments	−86	−21	0	0	—
Net increase (decrease) in fiduciary liabilities	9	5	−21	−9	—
Repayments to banks	−20	−765	−25	−141	—
Principal payments on finance lease obligations	−22	−27	−25	−30	—
Payments on tax receivable agreements	−100	−62	−7	0	—
Tax payment for shares/units withheld in lieu of taxes	−12	−59	−16	−8	—
Deferred and Contingent Consideration Payments	0	0	−9	−85	—
Repurchase of shares	−65	−167	−40	−12	—
Other financing activities	−2	0	−1	−3	—
Cash used for financing activities - continuing operations	−298	−1,096	−144	−184	—
Cash provided by (used in) financing activities - discontinued operations	0	22	−87	238	—
Net Cash provided by (used in) financing activities	−298	−1,074	−231	54	—
Effect of exchange rate changes on cash, cash equivalents and restricted cash - continuing operations	0	1	0	−6	—
Effect of exchange rate changes on cash, cash equivalents and restricted cash - discontinued operations	0	−3	4	8	—
Net increase (decrease) in cash, cash equivalents and restricted cash	−61	12	0	107	—
Interest paid	94	108	128	126	—
Income taxes paid	36	50	46	17	—
Fixed asset additions acquired through finance leases	8	62	12	9	—
Right of use asset additions acquired through operating leases	9	8	3	11	—

Filings

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Frequently asked questions

What is Alight, Inc. / Delaware's CIK number?

Alight, Inc. / Delaware's SEC CIK number is 0001809104 (1809104). The CIK (Central Index Key) is the permanent identifier the SEC assigns to every EDGAR filer — unlike a ticker symbol, it never changes.

Where can I find Alight, Inc. / Delaware's SEC filings?

All of Alight, Inc. / Delaware's EDGAR filings — 10-K annual reports, 10-Q quarterly reports, 8-K material events, and insider transactions — are listed on this page, sourced live from SEC EDGAR.

When did Alight, Inc. / Delaware last report earnings?

Alight, Inc. / Delaware (ALIT) most recently filed an earnings 8-K with the SEC on May 5, 2026, furnishing its results under Item 2.02 (Results of Operations and Financial Condition). The earnings press release is attached to that filing (accession 0001628280-26-030531). This is Alight, Inc. / Delaware's most recent earnings filing of record — not a forecast of its next earnings date.

What is Alight, Inc. / Delaware's most recent earnings 8-K?

Alight, Inc. / Delaware's latest earnings 8-K (Item 2.02) was filed May 5, 2026 under accession 0001628280-26-030531. It carries the quarterly or annual earnings press release — the earliest official, SEC-filed version of the results.

View Alight, Inc. / Delaware's latest earnings 8-K →
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