Alight (ALIT) Current Deferred Revenue (2020 - 2024)
Alight (ALIT) posted Current Deferred Revenue of $87.0 million for Q1 2024, down 10.31% sequentially from $97.0 million in Q4 2023, and down 37.86% YoY from $140.0 million in Q2 2023.
Alight (ALIT) Current Deferred Revenue (2020 - 2024) Analysis & Trends
Alight has reported Current Deferred Revenue for 5 years, with the latest figure at $87.0 million in Q1 2024.
- Quarterly Current Deferred Revenue fell 37.86% year-over-year to $87.0 million in Q1 2024, while the trailing twelve-month figure through Mar 2024 was $87.0 million (down 37.86% YoY) and the FY2023 annual result came in at $97.0 million, down 31.21% from the prior year.
- Current Deferred Revenue fell to $87.0 million in Q1 2024 per ALIT's latest filing, from $97.0 million in the prior quarter.
- Over five years, Current Deferred Revenue peaked at $154.0 million in Q1 2022 and troughed at $87.0 million in Q1 2024.
- A 5-year average of $130.1 million and a median of $138.5 million in 2023 frame the typical range for Current Deferred Revenue.
- The sharpest annual moves came in 2023 and 2024: Current Deferred Revenue advanced 23.28% in 2023, then tumbled 37.86% in 2024.
- Over 5 years, Current Deferred Revenue stood at $148.0 million in 2020, then changed by 0.0% to $148.0 million in 2021, then decreased by 4.73% to $141.0 million in 2022, then tumbled by 31.21% to $97.0 million in 2023, then decreased by 10.31% to $87.0 million in 2024.
- According to Business Quant data, Current Deferred Revenue over the past three periods registered $87.0 million, $97.0 million, and $137.0 million for Q1 2024, Q4 2023, and Q3 2023 respectively.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Sap Se | 255.48 Bn | 234.41 Bn | 16.51 Bn |
| 2 | Shopify | 198.95 Bn | 194.00 Bn | 1.71 Bn |
| 3 | Salesforce | 160.70 Bn | 148.86 Bn | 8.56 Bn |
| 4 | Uber Technologies | 154.94 Bn | 149.73 Bn | 6.38 Bn |
| 5 | ServiceNow | 128.25 Bn | 123.58 Bn | 2.82 Bn |
| 6 | Snowflake | 114.00 Bn | 111.05 Bn | 926.45 Mn |
| 7 | Automatic Data Processing | 108.58 Bn | 104.35 Bn | 2.51 Bn |
| 8 | Adobe | 105.34 Bn | 99.72 Bn | 5.90 Bn |
| 9 | Intuit | 94.55 Bn | 87.77 Bn | 7.24 Bn |
| 10 | Alight | 393.87 Mn | 180.87 Mn | 142.00 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2024 | 87.00 Mn |
| Dec 31, 2023 | 97.00 Mn |
| Sep 30, 2023 | 137.00 Mn |
| Jun 30, 2023 | 143.00 Mn |
| Mar 31, 2023 | 140.00 Mn |
| Dec 31, 2022 | 141.00 Mn |
| Sep 30, 2022 | 127.00 Mn |
| Jun 30, 2022 | 116.00 Mn |
| Mar 31, 2022 | 154.00 Mn |
| Dec 31, 2021 | 148.00 Mn |
| Sep 30, 2021 | 123.00 Mn |
| Dec 31, 2020 | 148.00 Mn |