Company: ALIT
Filing Date: 2025-11-06
Form Type: 10-Q
Source: 0001628280-25-049916
Chunk: 36

Company: Alight, Inc. / Delaware
Filing Date: 2025-11-06
Form: 10-Q
Item: Part I, Item 1
Chunk 36
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 as of September 30, 2025 and December 31, 2024, respectively— — Treasury stock, at cost (42.6 and 28.8 shares at September 30, 2025 and December 31, 2024, respectively)(284)(219)Additional paid-in-capital5,081 5,141 Accumulated deficit(2,825)(660)Accumulated other comprehensive income30 47 Total Alight, Inc. Stockholders' Equity$2,002 $4,309 Noncontrolling interest2 4 Total Stockholders' Equity$2,004 $4,313 Total Liabilities and Stockholders' Equity$5,538 $8,193 

The accompanying Notes are an integral part of these Condensed Consolidated Financial Statements.

2

Alight, Inc.

Condensed Consolidated Statements of Comprehensive Income (Loss)

(Unaudited) 

Three Months Ended September 30,Nine Months Ended September 30,(in millions, except per share amounts)2025202420252024Revenue$533 $555 $1,609 $1,652 Cost of services, exclusive of depreciation and amortization327 358 1,003 1,059 Depreciation and amortization28 23 81 70 Gross Profit178 174 525 523 Operating ExpensesSelling, general and administrative87 142 321 434 Depreciation and intangible amortization75 74 223 223 Goodwill impairment1,338 — 2,321 — Total Operating expenses1,500 216 2,865 657 Operating Income (Loss) From Continuing Operations(1,322)(42)(2,340)(134)Other (Income) Expense(Gain) Loss from change in fair value of financial instruments(19)(23)1 (54)(Gain) Loss from change in fair value of tax receivable agreement(66)27 (34)51 Interest expense24 19 68 83 Other (income) expense, net(8)(12)(26)(11)Total Other (income) expense, net(69)11 9 69 Income (Loss) From Continuing Operations Before Taxes(1,253)(53)(2,349)(203)Income tax expense (benefit)(198)(9)(204)(34)Net Income (Loss) From Continuing Operations(1,