Alight, Inc. / Delaware income statement
In fiscal 2025, Alight, Inc. / Delaware reported revenue of $2.26bn, down 3.0% on the year before, operating income of −$3.09bn (a -136.6% margin) and net income of −$3.10bn, or −$5.87 per diluted share. Every line below comes from the company's 10-K and 10-Q filings; column headings link to the filing.
Income statement
| Fiscal year | 2019Dec 2019 | 2020Dec 2020 | 2022Dec 2022 | 2023Dec 2023 | 2024Dec 2024 | 2025Dec 2025 | LTMJun 2026 |
|---|---|---|---|---|---|---|---|
| Revenue | 2,552 | 2,728 | 2,207 | 2,386 | 2,332 | 2,262 | 2,231 |
| Gross profit | — | — | 686 | 810 | 794 | 765 | 716 |
| Selling, general and administrative | — | — | 479 | 590 | 585 | 435 | 415 |
| Operating income | 265 | 147 | −94 | −81 | −90 | −3,090 | −2,134 |
| Interest expense | 224 | 234 | 122 | 131 | 103 | 92 | 96 |
| Income before tax | 38 | −94 | −124 | −337 | −148 | −3,062 | −2,011 |
| Income tax | 16 | 9 | 16 | −20 | −8 | 16 | 6 |
| Net income | — | — | −62 | −345 | −157 | −3,097 | −2,028 |
| Diluted EPS | — | — | −$0.14 | −$0.70 | −$0.29 | −$5.87 | — |
| Diluted shares (average) | — | — | 459m | 489m | 540m | 528m | — |
| EBITDA | 333 | 238 | 207 | 220 | 209 | −2,794 | −1,840 |
| Quarter | 2024 Q3Sept 2024 | 2024 Q4Dec 2024 | 2025 Q1Mar 2025 | 2025 Q2Jun 2025 | 2025 Q3Sept 2025 | 2025 Q4Dec 2025 | 2026 Q1Mar 2026 | 2026 Q2Jun 2026 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 555 | 680 | 548 | 528 | 533 | 653 | 534 | 511 |
| Gross profit | 174 | 271 | 171 | 176 | 178 | 240 | 156 | 142 |
| Selling, general and administrative | 142 | 151 | 104 | 130 | 87 | 114 | 105 | 109 |
| Operating income | −42 | 44 | −8 | −1,010 | −1,322 | −750 | −22 | −40 |
| Interest expense | 19 | 20 | 22 | 22 | 24 | 24 | 24 | 24 |
| Income before tax | −53 | 55 | −20 | −1,076 | −1,253 | −713 | −26 | −19 |
| Income tax | −9 | 26 | −3 | −3 | −198 | 220 | −7 | −9 |
| Net income | −74 | 8 | −25 | −1,073 | −1,067 | −932 | −19 | −10 |
| Diluted EPS | −$2.80 | $0.02 | −$0.05 | −$40.61 | −$40.40 | −$1.78 | −$0.80 | −$0.38 |
| EBITDA | 32 | 120 | 67 | −937 | −1,247 | −677 | 51 | 33 |
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