Alight Q3 revenue falls 6.2% to $500 million; raises 2026 outlook
Alight reported third-quarter 2026 revenue of $500 million, down 6.2% from $533 million a year earlier, and adjusted EBITDA of $86 million, down from $138 million. The company also said it raised its full-year 2026 business outlook, now calling for revenue of $2,115 million to $2,125 million and adjusted EBITDA of $410 million to $420 million, though the filing does not state the prior outlook. For shareholders, the net loss narrowed to $51 million from $1,068 million, but that prior-year loss included a $1,338 million goodwill impairment.
Key points
- Q3 2026 revenue was $500 million, down from $533 million, mainly due to lower net commercial activity.
- Q3 2026 adjusted EBITDA was $86 million, versus $138 million; net loss was $51 million, or $1.93 per share, versus a $1,068 million net loss a year earlier.
- Full-year 2026 outlook: revenue of $2,115 million to $2,125 million and adjusted EBITDA of $410 million to $420 million.
- Year-to-date cash from operations was $181 million and free cash flow was $108 million for the nine months ended September 30, 2026.
The filing
Written by AI on Nov 9, 2026, 11:43 AM ET, from this filing only. Written later: this filing was briefed after the fact, when past filings were added to the site, so the brief may be read with hindsight; the filing itself is the record of what was known on November 03, 2026.
Briefs are written by AI from the filing text and can contain mistakes — open the filing before acting on anything. Impact (1-5) and tone are the AI's reading of the filing for shareholders, not a price forecast. Not investment advice.