Alight (ALIT) Current Deferred Revenue (2020 - 2024)
Alight's (ALIT) quarterly Current Deferred Revenue came in at $87.0 million in Q1 2024, down 37.86% year-over-year from $140.0 million in Q2 2023, and down 10.31% quarter-over-quarter from $97.0 million in Q4 2023.
Analysis
Alight (ALIT) Current Deferred Revenue (2020 - 2024) Analysis & Trends
Alight has disclosed Current Deferred Revenue across 5 years of filings, most recently posting $87.0 million for Q1 2024.
- In Q1 2024, Current Deferred Revenue fell 37.86% year-over-year to $87.0 million; the TTM figure through Mar 2024 stood at $87.0 million (down 37.86% YoY), while the FY2023 annual figure was $97.0 million, down 31.21% from the prior year.
- Current Deferred Revenue came in at $87.0 million for Q1 2024 at Alight, down 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.
- Average Current Deferred Revenue over 5 years is $130.1 million, with a median of $138.5 million recorded in 2023.
- Year-over-year, Current Deferred Revenue gained 23.28% in 2023 and slumped 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 fell by 4.73% to $141.0 million in 2022, then sank by 31.21% to $97.0 million in 2023, then fell by 10.31% to $87.0 million in 2024.
- Per Business Quant data, the three most recent Current Deferred Revenue figures were $87.0 million in Q1 2024, $97.0 million in Q4 2023, and $137.0 million in Q3 2023.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Automatic Data Processing | 110.44 Bn | 106.21 Bn | 2.51 Bn |
| 2 | Paychex | 43.28 Bn | 42.14 Bn | 1.19 Bn |
| 3 | Paycom Software | 10.27 Bn | 10.07 Bn | 412.40 Mn |
| 4 | Paylocity Holding | 8.11 Bn | 7.84 Bn | 300.38 Mn |
| 5 | Kanzhun | 7.88 Bn | 5.57 Bn | 306.38 Mn |
| 6 | Alight | 393.98 Mn | 180.98 Mn | 142.00 Mn |
| 7 | Asure Software | 267.49 Mn | 247.81 Mn | 25.06 Mn |
| 8 | Dhi | 194.97 Mn | 191.20 Mn | 25.04 Mn |
| 9 | CXApp | 5.71 Mn | 5.71 Mn | - |
Historic Data
Download Data
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 |