ALIT Financials Alight, Inc. / Delaware

7 years of revenue, profit, cash flow and balance-sheet history through FY2025, from SEC filings — with a computed, factual read of the trend. Updated 29 h ago Overview →

Growth & profitability

Revenue has declined 3.7% per year over the past 5 years.
Operating margin has contracted, at -136.6% in the latest year.
Free cash flow has grown 17.3% per year over the past 5 years.

Financial health

Total debt ($2.0B) exceeds cash ($273M); net debt is $1.7B.
Total debt has grown slower than revenue (-13.2% vs -3.7% per year).
Operating income covered interest expense -33.6× in the latest year.

Shareholder returns

Dividends have been paid for 2 consecutive years, consuming 34.4% of free cash flow.

Revenue & net income

RevenueNet income

Margins (gross / operating / net)

GrossOperatingNet

Free cash flow (CFO − capex)

Free cash flow

Cash vs total debt

CashTotal debt

Cash flow: operating / investing / financing

OperatingInvestingFinancing

Key annual figures

FY	Revenue	Net income	Gross M	Op M	FCF	Total debt	Cash
2025	$2.3B	-$3.1B	33.8%	-136.6%	$250M	$2.0B	$273M
2024	$2.3B	-$157M	34.0%	-3.9%	$131M	$2.0B	$343M
2023	$2.4B	-$345M	33.9%	-3.4%	$246M	$2.8B	$324M
2022	$2.2B	-$62M	31.1%	-4.3%	$155M	$2.8B	$228M
2021	—	-$35M	—	—	—	$2.9B	$372M
2020	$2.7B	—	0.0%	5.4%	—	$4.1B	$506M
2019	$2.6B	—	0.0%	10.4%	—	—	—

Revenue & net income

RevenueNet income

Margins (gross / operating / net)

GrossOperatingNet

Free cash flow (CFO − capex, quarterly)

Free cash flow

Cash vs total debt

CashTotal debt

Cash flow: operating / investing / financing

OperatingInvestingFinancing

Key quarterly figures

Quarter	Revenue	Net income	Gross M	Op M	FCF	Total debt	Cash
Mar '26	$534M	-$19M	29.2%	-4.1%	$53M	$2.0B	$178M
Dec '25	$653M	-$932M	36.8%	-114.9%	$99M	$2.0B	$273M
Sep '25	$533M	-$1.1B	33.4%	-248.0%	$49M	$2.0B	$205M
Jun '25	$528M	-$1.1B	33.3%	-191.3%	$58M	$2.0B	$227M
Mar '25	$548M	-$25M	31.2%	-1.5%	$44M	$2.0B	$223M
Dec '24	$680M	$8M	39.9%	6.5%	$92M	$2.0B	$343M
Sep '24	$555M	-$74M	31.4%	-7.6%	-$52M	$2.0B	$300M
Jun '24	$538M	$23M	31.0%	-9.7%	$22M	$2.8B	$183M
Mar '24	$559M	-$114M	32.6%	-7.2%	$69M	$2.8B	$256M
Dec '23	$682M	-$162M	39.6%	5.9%	$109M	$2.8B	$324M
Sep '23	$557M	-$48M	29.8%	-8.1%	$53M	$2.8B	$250M
Jun '23	$561M	-$67M	33.3%	-6.4%	$57M	$2.8B	$245M
Mar '23	$586M	-$68M	31.9%	-6.8%	$27M	$2.8B	$239M
Dec '22	$942M	-$65M	36.3%	6.5%	$52M	$2.8B	$228M
Sep '22	$750M	-$37M	28.3%	-6.7%	$47M	$2.8B	$304M
Jun '22	$715M	$51M	30.6%	-3.2%	$61M	$2.8B	$272M
Mar '22	$725M	-$11M	30.8%	-0.3%	-$22M	$2.9B	$326M
Dec '21	$864M	$72M	34.0%	4.6%	$32M	$2.9B	$372M
Sep '21	$690M	-$107M	34.5%	3.6%	-$34M	$2.9B	$769M
Jun '21	—	-$24M	—	—	—	—	$14551

Valuation over time

How the market has priced ALIT against its own fundamentals since 2023-03 — each month-end's share price set against the most recent annual filing, so the multiple moves as price runs ahead of (or behind) earnings. Split-adjusted.

The price-to-sales ratio has fallen from 2.2× (Mar '23) to 0.1× (Jun '26).
The dividend yield has risen from 0.6% (Dec '24) to 28.8% (Jun '26).

Price / sales (P/S)

P/S

Dividend yield (%)

Dividend yield %

Frequently asked questions

Is ALIT growing its revenue and profit?

Over the past 5 years, Alight, Inc. / Delaware's revenue has declined 3.7% per year. These are computed facts, not advice.

How much debt does ALIT have?

As of FY2025, Alight, Inc. / Delaware reported $2.0B of total debt against $273M of cash; operating income covered interest expense -33.6×.

What is ALIT's profit margin?

In FY2025, gross margin was 33.8%, operating margin -136.6%, and net margin -136.9%.

Where does this data come from?

All figures are extracted from the company’s SEC EDGAR/XBRL filings — 10-K annual reports and 10-Q quarterly reports (use the Annual / Quarterly toggle). Quarterly figures are derived from the as-filed statements (year-to-date amounts are differenced into discrete quarters). Growth rates and ratios are computed by tradmap; nothing here is investment advice.

Source: SEC EDGAR / XBRL (10-K + 10-Q filings) · prices EOD (Databento), corporate-action-adjusted · growth rates, valuation multiples & ratios computed by tradmap. Valuation uses each month-end price against the latest annual filing. Informational only — not investment advice.