Alight (ALIT) Current Deferred Revenue (2020 - 2024)
Alight (ALIT) recorded Current Deferred Revenue of $87 million in Q1 2024, down 37.9% from $140 million a year earlier and down 10.3% from the prior quarter.
Alight (ALIT) Current Deferred Revenue (2020 - 2024) Analysis & Trends
At the end of FY2023, Alight reported Current Deferred Revenue of $97 million, down 31.2% from FY2022.
- Annual Current Deferred Revenue has a three-year compound annual growth rate of -13.1% (FY2020 to FY2023).
- Across earlier years, Current Deferred Revenue came in at $141 million in FY2022 (-4.7%), $148 million in FY2021 (unchanged) and $148 million in FY2020.
- The Q1 2024 figure is the lowest quarterly Current Deferred Revenue in data going back to Q4 2020.
- On a year-over-year basis, Current Deferred Revenue rose in two of the last six quarters, with an average decline of 8.6%.
- Per Business Quant, the preceding three quarters came in at $97 million (Q4 2023), $137 million (Q3 2023) and $143 million (Q2 2023).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Palantir Technologies | 404.43 Bn | 369.25 Bn | 1.93 Bn |
| 2 | Oracle | 355.53 Bn | 227.67 Bn | - |
| 3 | Sap Se | 273.98 Bn | 227.60 Bn | - |
| 4 | Salesforce | 174.33 Bn | 130.20 Bn | 8.70 Bn |
| 5 | Automatic Data Processing | 117.87 Bn | 104.66 Bn | 2.53 Bn |
| 6 | ServiceNow | 104.89 Bn | 84.15 Bn | 2.90 Bn |
| 7 | Intuit | 93.22 Bn | 72.57 Bn | 3.44 Bn |
| 8 | Relx | 72.75 Bn | 71.83 Bn | - |
| 9 | Strategy | 49.49 Bn | 36.63 Bn | 89.63 Mn |
| 10 | Alight | 328.16 Mn | -549.84 Mn | 135.00 Mn |
Historic 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 |
Alight Current Deferred Revenue API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=current-deferred-revenue&ticker=ALIT&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "current-deferred-revenue", "ticker": "ALIT", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()
const res = await fetch("https://data.businessquant.com/historic?slug=current-deferred-revenue&ticker=ALIT&period=max&api_key=YOUR_API_KEY");
const data = await res.json();