Filing Flows › Alight, Inc. / Delaware (ALIT) › Q4 2025
Alight, Inc. / Delaware (ALIT) Q4 2025 earnings results (fourth quarter 2025)
10-K filed Feb 24, 2026
Alight, Inc. / Delaware (ALIT) reported revenue of $653M for the fourth quarter 2025 (Q4 2025), -4% from a year earlier and +23% from the quarter before. Operating margin was -114.9%, net loss $932M (142.7% of revenue).
Alight, Inc. / Delaware, Q4 2025: revenue $653M (-4% year over year), operating margin -114.9%, net loss $932M, operating cash flow $124M. The chart follows the revenue to costs, profit and cash.
| Q4 2025 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $653M | +23% | -4% |
| Operating profit | −$750M | — | — |
| Net earnings | −$932M | — | — |
| Operating cash flow | $124M | +61% | +5% |
| Free cash flow | $99.0M | +102% | +8% |
What changed
Revenue was $653.0M in Q4 2025, down 4% year over year and up 23% from the previous quarter.
Gross margin was 36.8%, down 3.1 points from a year earlier. Operating costs exceeded revenue by $750.0M, an operating margin of -114.9%. Operating expenses grew 336% against a revenue fall of 4%. The fastest-growing cost line was Other operating costs (+1053%). The quarter ended with a net loss of $932.0M, narrower than the previous quarter's $1,068.0M loss.
Operating cash flow was $124.0M (up 5% year over year). Non-cash charges added back $73.0M of depreciation and amortization and $5.0M of share-based compensation. Working capital and other items added $978.0M. Capital expenditures of $25.0M left free cash flow of $99.0M.
Questions
What was Alight, Inc. / Delaware's revenue in the fourth quarter 2025?
Alight, Inc.
Was Alight, Inc. / Delaware profitable in the fourth quarter 2025?
Operating loss was $750M (-114.9% of revenue) and net loss $932M.