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Alight, Inc. a technology-enabled services company worldwide. The company provides Alight Worklife, an intuitive, cloud-based employee engagement platform. Its platform services include integrated benefits administration, healthcare navigation, financial wellbeing, leave of absence management, and retiree healthcare; and operates AI-led capabilities software. In addition, it offers a full-service customer care center helping them manage the full life cycle of their health, wealth, and wellbeing. Alight, Inc. was founded in 2020 and is headquartered in Chicago, Illinois.
5-year financial trends. Figures in USD millions.
Latest fiscal year: 2025
Year-by-year revenue, profitability, and cash flow (USD millions, last 10 years)
| Year | Revenue | EBITDA | Net Profit | FCF | ROE | Rev Growth 1Y | NP Growth 1Y |
|---|---|---|---|---|---|---|---|
| 2025 | $2.3B | $-2.6B | $-3.1B | $250M | -296.1% | -3.0% | - |
| 2024 | $2.3B | $350M | $-157M | $131M | -3.6% | -2.3% | - |
| 2023 | $2.4B | $167M | $-345M | $246M | -7.3% | 8.1% | - |
| 2022 | $2.2B | $347M | $-62M | $155M | -1.2% | - | - |
Income statement, balance sheet, and cash flow as reported
Consolidated Figures in USD Millions.
| Metric | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|
| Total Revenue | 2,207 | 2,386 | 2,332 | 2,262 |
| Cost Of Revenue | 1,521 | 1,576 | 1,538 | 1,497 |
| Gross Profit | 686 | 810 | 794 | 765 |
| Operating Expense | 780 | 891 | 884 | 731 |
| Operating Income | -94 | -81 | -90 | 34 |
| EBITDA | 347 | 167 | 350 | -2,563 |
| EBIT | -3 | -206 | -45 | -2,970 |
| Pretax Income | -124 | -337 | -148 | -3,062 |
| Tax Provision | 16 | -20 | -8 | 16 |
| Net Income | -62 | -345 | -157 | -3,097 |
| Net Income Common Stockholders | -62 | -345 | -157 | -3,097 |
| Total Expenses | 2,301 | 2,467 | 2,422 | 2,228 |
| Interest Expense | 121 | 131 | 103 | 92 |
| Selling General And Administration | 479 | 590 | 585 | 435 |
| Normalized EBITDA | 309 | 177 | 293 | 560 |
| Normalized Income | -160.02 | -290.60 | -192.15 | -608.83 |
| Basic EPS | -0.13 | -0.54 | -0.29 | 0 |
| Diluted EPS | -0.13 | -0.54 | -0.29 | 0 |
| Tax Effect Of Unusual Items | 7.98 | -0.60 | 2.85 | -655.83 |
| Tax Rate For Calcs | 0.21 | 0.06 | 0.05 | 0.21 |
| Total Unusual Items | 38 | -10 | 57 | -3,123 |
| Total Unusual Items Excluding Goodwill | 38 | -10 | 57 | -3,123 |
| Net Income From Continuing Operation Net Minority Interest | -130 | -300 | -138 | -3,076 |
| Reconciled Depreciation | 350 | 373 | 395 | 407 |
| Reconciled Cost Of Revenue | 1,472 | 1,504 | 1,442 | 1,386 |
| Net Interest Income | -121 | -131 | -103 | -92 |
| Net Income From Continuing And Discontinued Operation | -62 | -345 | -157 | -3,097 |
| Total Operating Income As Reported | -94 | -81 | -90 | -3,090 |
| Diluted Average Shares | 478.34 | 544.11 | 540.37 | 0 |
| Basic Average Shares | 478.34 | 489.46 | 539.86 | 0 |
| Diluted NI Availto Com Stockholders | -62 | -345 | -157 | -3,097 |
| Minority Interests | 10 | 17 | 2 | 2 |
| Net Income Including Noncontrolling Interests | -72 | -362 | -159 | -3,099 |
| Net Income Discontinuous Operations | 68 | -45 | -19 | -21 |
| Net Income Continuous Operations | -140 | -317 | -140 | -3,078 |
| Other Income Expense | 91 | -125 | 45 | -3,004 |
| Other Non Operating Income Expenses | 53 | -115 | -12 | 119 |
| Special Income Charges | 0 | 0 | 0 | -3,124 |
| Impairment Of Capital Assets | 0 | 0 | 0 | 3,124 |
| Gain On Sale Of Security | 38 | -10 | 57 | 1 |
| Net Non Operating Interest Income Expense | -121 | -131 | -103 | -92 |
| Interest Expense Non Operating | 121 | 131 | 103 | 92 |
| Depreciation Amortization Depletion Income Statement | 301 | 301 | 299 | 296 |
| Depreciation And Amortization In Income Statement | 301 | 301 | 299 | 296 |
| Operating Revenue | 2,207 | 2,386 | 2,332 | 2,262 |
Technology sector peers, ranked by market cap
| Company | Ticker | Market Cap | P/E | P/B | ROE | EV/EBITDA |
|---|---|---|---|---|---|---|
| Alight, Inc.this co. | ALIT | $411M | - | 0.38 | -296.1% | 4.51 |
| OneSpan Inc. | OSPN | $426M | 6.11 | 1.58 | 26.8% | 6.04 |
| Priority Technology Holdings, Inc. | PRTH | $423M | 7.56 | -4.19 | -60.3% | 7.33 |
| Ribbon Communications Inc. | RBBN | $417M | 10.80 | 0.93 | 8.8% | 9.38 |
| TSS, Inc. | TSSI | $410M | 25.34 | 5.11 |
| 19.7% |
| 24.32 |
| TechTarget, Inc. | TTGT | $409M | - | 0.69 | -169.6% | 6.59 |
| PowerFleet, Inc. | AIOT | $409M | - | 0.84 | -11.4% | 8.19 |
| Digital Turbine, Inc. | APPS | $404M | - | 2.07 | -59.8% | 7.97 |
| Climb Global Solutions, Inc. | CLMB | $393M | 18.34 | 3.32 | 18.3% | 9.32 |
| Peer Median | - | 10.80 | 1.25 | -1.3% | 8.08 | |