Alight (ALIT) Current Deferred Revenue (2020 - 2024)

Alight (ALIT) reported Current Deferred Revenue of $87.0 million for Q1 2024, down 37.86% on a YoY basis from $140.0 million in Q2 2023, and down 10.31% sequentially from $97.0 million in Q4 2023.

Alight (ALIT) Current Deferred Revenue (2020 - 2024) Analysis & Trends

Alight (ALIT) has 5 years of Current Deferred Revenue data on file, last reported at $87.0 million in Q1 2024.

  • For the quarter ending Q1 2024, Current Deferred Revenue fell 37.86% year-over-year to $87.0 million; the trailing twelve-month figure through Mar 2024 stood at $87.0 million (down 37.86% YoY), and the FY2023 full-year result was $97.0 million, down 31.21% from the prior year.
  • Current Deferred Revenue fell to $87.0 million in Q1 2024, from $97.0 million in the prior quarter.
  • In the past five years, Current Deferred Revenue ranged from a high of $154.0 million in Q1 2022 to a low of $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.
  • Across the five-year window, Current Deferred Revenue rose 23.28% in 2023 and sank 37.86% in 2024, its largest moves.
  • Tracing ALIT's Current Deferred Revenue over 5 years: stood at $148.0 million in 2020, then changed by 0.0% to $148.0 million in 2021, then declined by 4.73% to $141.0 million in 2022, then plunged by 31.21% to $97.0 million in 2023, then declined by 10.31% to $87.0 million in 2024.
  • Business Quant data shows ALIT's Current Deferred Revenue at $87.0 million in Q1 2024, $97.0 million in Q4 2023, and $137.0 million in Q3 2023.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr)
1 Sap Se 208.91 Bn 189.27 Bn 8.16 Bn
2 Full Truck Alliance 188.77 Bn 186.13 Bn -
3 Shopify 145.98 Bn 140.23 Bn 1.55 Bn
4 Uber Technologies 141.48 Bn 140.44 Bn 5.95 Bn
5 Salesforce 128.51 Bn 116.67 Bn 8.56 Bn
6 ServiceNow 98.38 Bn 93.20 Bn 2.82 Bn
7 Automatic Data Processing 97.56 Bn 94.34 Bn 2.87 Bn
8 Snowflake 91.55 Bn 88.59 Bn 926.45 Mn
9 Cadence Design Systems 89.91 Bn 88.50 Bn 1.41 Bn
10 Alight 478.83 Mn 302.83 Mn 156.00 Mn

Historic Data

Download Data
DateValue
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