---
schema_version: "secwatch.filing_event.v1"
accession: "0000950170-23-019110"
form_type: "8-K"
ticker: "ALIT"
cik: "0001809104"
company_name: "Alight, Inc. / Delaware"
filed_at: "2023-05-09T23:59:59+00:00"
generated_at: "2026-06-15T09:45:50.532668+00:00"
event_type: "earnings"
sentiment: "neutral"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# Alight Q1 revenue up 14.6% to $831M; BPaaS revenue jumps 50%

## Summary
- Revenue of $831M vs $725M YoY; Employer Solutions revenue grew >16% to $723M.
- BPaaS revenue up 50% to $171M; cumulative BPaaS bookings surpassed $1.5B.
- Net loss of $74M vs loss of $13M YoY; adjusted EBITDA rose to $154M from $142M.
- FY 2023 guidance reaffirmed: revenue $3.47-3.51B, adj. EBITDA $735-750M, adj. EPS $0.62-0.67.
- New client wins include MasterBrand, Dentsu, and a Fortune 50 food & beverage company.

## SEC filing metadata
- accession: 0000950170-23-019110
- form_type: 8-K
- ticker: ALIT
- cik: 0001809104
- company_name: Alight, Inc. / Delaware
- filed_at: 2023-05-09T23:59:59+00:00
- event_type: earnings
- sentiment: neutral
- materiality_score: 0.75
- calibrated_materiality_score: 0.75
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1809104/000095017023019110/0000950170-23-019110-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1809104/000095017023019110/alit-20230509.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000950170-23-019110
- JSON: https://secwatch.observer/filing/0000950170-23-019110.json
- Plain text: https://secwatch.observer/filing/0000950170-23-019110.txt

## Key facts
- Earnings Releases
  Alight, Inc. / Delaware reported first quarter ended March 31, 2023 results: revenue $831 million, net income net loss of $74 million. Guidance reaffirmed.
  - Period: first quarter ended March 31, 2023
  - Revenue: $831 million
  - Net income: net loss of $74 million
  - Guidance: reaffirmed
  - Result: reported results
  source text: of double-digit growth, margin expansion and improved operating cash flow conversion.” First Quarter 2023 Highlights • Revenue increased 14.6% over the prior year period to $831 million • Business Process as a Service (BPaaS) revenue grew 50.0% to $171 million, representing 20.6% of total revenue • BPaaS bookings on a total contract value basis were $75 million,
  evidence_url: https://www.sec.gov/Archives/edgar/data/1809104/000095017023019110/0000950170-23-019110-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.
