Alight (ALIT) reported second-quarter 2026 revenue of $511 million, down 3.2% from $528 million a year earlier. Net loss attributable to Alight was $10 million, compared with a net loss of $1.073 billion in the prior-year period.
The company said recurring revenues were 92.2% of total revenue. Alight also issued third-quarter and full-year 2026 revenue and adjusted EBITDA outlook ranges.
- Second-quarter revenue was $511 million, compared with $528 million a year earlier.
- Net loss attributable to Alight was $10 million, compared with a loss of $1.073 billion in the prior-year quarter.
- Basic and diluted net loss per share was $0.38 for the quarter.
- Gross profit was $142 million, or 27.8% of revenue, compared with $176 million, or 33.3% of revenue, a year earlier.
- Adjusted EBITDA was $92 million, compared with $127 million in the prior-year period.
- Alight guided third-quarter revenue to $469 million to $479 million and full-year revenue to $2.078 billion to $2.098 billion.
- As of June 30, 2026, cash and cash equivalents were $215 million and total debt was $1.996 billion.
$ALIT Insider Trading Activity
$ALIT insiders have traded $ALIT stock on the open market 3 times in the past 6 months. Of those trades, 3 have been purchases and 0 have been sales.
Here’s a breakdown of recent trading of $ALIT stock by insiders over the last 6 months:
- ROHIT VERMA (Chief Executive Officer) has made 2 purchases buying 212,000 shares for an estimated $176,720 and 0 sales.
- ROBERT A. JR. LOPES purchased 30,000 shares for an estimated $24,600
To track insider transactions, check out Quiver Quantitative's insider trading dashboard. You can access data on insider stock transactions through the Quiver Quantitative API insider transaction endpoint.
$ALIT Hedge Fund Activity
We have seen 132 institutional investors add shares of $ALIT stock to their portfolio, and 187 decrease their positions in their most recent quarter.
Here are some of the largest recent moves:
- GLENVIEW CAPITAL MANAGEMENT, LLC removed 20,377,772 shares (-100.0%) from their portfolio in Q1 2026, for an estimated $11,874,127
- TWO SIGMA INVESTMENTS, LP added 19,527,815 shares (+874.2%) to their portfolio in Q1 2026, for an estimated $11,378,857
- AQR CAPITAL MANAGEMENT LLC added 18,279,728 shares (+636.6%) to their portfolio in Q1 2026, for an estimated $10,651,597
- MIRAE ASSET GLOBAL ETFS HOLDINGS LTD. added 15,749,226 shares (+7863.0%) to their portfolio in Q1 2026, for an estimated $9,177,073
- CITADEL ADVISORS LLC removed 13,156,001 shares (-88.4%) from their portfolio in Q1 2026, for an estimated $7,666,001
- MILLENNIUM MANAGEMENT LLC removed 13,031,154 shares (-100.0%) from their portfolio in Q1 2026, for an estimated $7,593,253
- GOLDMAN SACHS GROUP INC removed 9,783,538 shares (-39.5%) from their portfolio in Q1 2026, for an estimated $5,700,867
To track hedge funds' stock portfolios, check out Quiver Quantitative's institutional holdings dashboard. You can access data on hedge funds moves and 13F filings through the Quiver Quantitative API 13F endpoint.
