Earnings Releases·Nov 3, 2026, 4:18 PM ET

Alight — Third Quarter 2026 Earnings Summary

Q3 2026 revenue declined 6.2% year-over-year to $500 million, while year-to-date revenue fell to $1,545 million from $1,609 million, driven by lower net commercial activity.
The company raised its full-year 2026 outlook, now guiding for revenue between $2,115 million and $2,125 million and Adjusted EBITDA between $410 million and $420 million.
Net loss from continuing operations narrowed significantly to $51 million for the quarter and $80 million year-to-date, compared to $1,068 million and $2,145 million respectively in the prior year, largely due to a $1,338 million non-cash goodwill impairment in the prior period.
Strategic initiatives included the acquisition of Abett, the addition of a Wealth leader, and the delivery of AI roadmap features, resulting in improved retention metrics and coverage of over 95% of recurring revenue.
Capital allocation saw $1 million in dividends paid and no share repurchases in the first nine months, while total debt net of cash stood at $1,779 million as of September 30, 2026.