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| 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 |