Alight Q2 revenue falls on lower commercial activity, but beats analyst expectations

Alight expects third-quarter revenue between $469 million and $479 million.

The company expects third-quarter adjusted EBITDA between $55 million and $61 million.

For 2026, Alight forecasts revenue of $2,078 million to $2,098 million and adjusted EBITDA of $400 million to $415 million.

The company said the revenue decline was primarily due to lower net commercial activity, partially offset by higher project revenue.

Selling, general and administrative expenses fell $21 million, mainly due to lower severance and restructuring costs.

Alight said it continued investments in AI and modernization initiatives to improve user experience and service.

Alight said second-quarter revenue fell 3% year over year, but still beat analyst expectations.

Adjusted EBITDA for the quarter declined year over year.

The current average analyst rating on the shares is , with 1 or , 3 and 1 or .