Alight Q2 FY26 adjusted EBITDA drops 27.56% to $92 million; revenue falls 3.2% to $511 million
ALIT•Second-quarter results
- Alight posted second-quarter revenue of $511 million, down 3.2% from a year earlier; net loss narrowed to $10 million.
- Adjusted EBITDA fell to $92 million from the prior year; gross profit dropped to $142 million.
- Recurring revenue was 92.2% of total revenue; cash from operations was $152 million year to date, with free cash flow of $101 million.
Outlook and operating priorities
Management highlighted ongoing modernization work, insourcing of previously outsourced client service functions, and increased investment in AI to improve user experience and retention.
Alight forecast third-quarter revenue of $469 million-$479 million with adjusted EBITDA of $55 million-$61 million, maintaining full-year targets of $2,078 million-$2,098 million and $400 million-$415 million.
