Alight, Inc. (ALIT) Stock

Alight, Inc. (ALIT) is a Technology stock trading at $14.24 (as of 2026-08-21), with a market capitalization of $375.24M. Figures are sourced from first-party U.S. SEC EDGAR filings and market data.

Alight, Inc. operates as a cloud-based provider of integrated digital human capital and business solutions worldwide. It operates through three segments: Employer Solutions, Professional Services, and Hosted Business. The company's solutions enable employees to enrich their health, wealth, and wellbeing, which helps organizations achieve a high-performance culture. It offers employer solutions comprising integrated benefits administration, healthcare navigation, financial health, employee wellbeing, and payroll; and professional services, including cloud deployment and consulting offerings that provides human capital and financial platforms, as well as cloud advisory and deployment, and optimization services for cloud platforms, such as Workday, SAP SuccessFactors, Oracle, and Cornerstone OnDemand. Alight, Inc. was founded in 2017 and is headquartered in Lincolnshire, Illinois.

Understand Alight, Inc.: how it makes money

Alight provides cloud-based digital human capital and business solutions for employers, including benefits administration, healthcare navigation, financial health, employee wellbeing, and payroll, and it also sells professional services and hosted offerings.

The profit model is driven by converting contracted service revenue ("Revenue Under Contract") into actual, recurring delivery revenue, but current profitability is pressured (operating margin is negative).

Business quality (Weak): The company shows a meaningful pool of contracted revenue and recurring revenue, but profitability is currently negative, so execution and cost control against contracted delivery appear to be the key issue.

Bull case

Revenue Under Contract of 2.25 USD_B: A large portion of future revenue appears to be tied to contracted agreements, which can support business continuity.
Recurring Revenue of 0.5 USD_B: Recurring revenue aligns with the reported quarterly revenue level (revenue is 0.5 USD_B for the latest period provided), suggesting ongoing subscription or managed service economics.

Bear case

Operating margin of -4.1%: Despite gross margin of 29.2%, the company is not converting revenue into operating profit in the latest period.
Revenue Under Contract for 2025, 2026, and 2027 shown as 0.0 USD_B: The provided breakdown implies limited contracted visibility in those future years, which could make it harder to plan profitable growth.

Valuation — source: SEC EDGAR (first-party)
Price	$14.24
Market Cap	$375.24M
Price / Book	0.37
Price / Sales	0.17
FCF Yield	66.4%
DCF Value (model)	$5.49
DCF Upside vs Price	-61.4%

Profitability & Growth — source: SEC EDGAR
Revenue (TTM)	$2.26B
Net Margin	-136.9%
Revenue Growth (YoY)	-3.2%
EPS Growth (YoY)	-81.3%
FCF Growth (YoY)	-17.2%

Financial Health — source: SEC EDGAR
Altman Z-Score	-1.54 (distress)

Valuation vs Sector & Industry
Sector P/E (Technology)	33.9
Industry P/E (Business Services)	29.9

Smart-Money Activity — SEC Form 4 / 13F / Congressional disclosures
Top Institutional Holder	Cannae Holdings, Inc. ($23.48B)
Institutional Holders Tracked	10

Company
Sector	Technology
Industry	Business Services
CEO	Rohit Verma
Employees	9,500
Country	US
IPO Date	2020-07-17

Related Companies (Business model: IT Services / Consulting and Managed Services; 8 closest by market cap; US-domiciled)

Data as of 2026-08-21.

Figures sourced from U.S. Securities and Exchange Commission (SEC EDGAR) filings and market data. Not personalized investment advice.