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
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