Demonstrações financeiras detalhadas de Alight, Inc. (ALIT): demonstração de resultados, balanço patrimonial e fluxo de caixa. Acompanhe a evolução de margens, dívida, liquidez e rentabilidade ano a ano com até 20 anos de histórico.
Resumo da Análise
Alight, Inc. registou receitas de $2.26B no último exercício, com um CAGR de 5 anos de -3.7%.
Margens dos últimos 12 meses: margem bruta 18.8%, margem operacional 44.4%, margem líquida -90.9%. O fluxo de caixa livre cresceu a CAGR de 11.8% em 5 anos.
Ao preço atual de $11.90, ALIT apresenta lucros negativos (P/L não significativo) e um ROE de -159.15%. A capitalização de mercado é de $313M.
Demonstração de Resultados (10 anos)
| Ano | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|
| Receita | $2.26B | $2.30B | $2.38B | $2.55B | $2.73B | $2.92B | $2.21B | $3.41B | $2.33B | $2.26B |
| Custo da Receita | $1.52B | $1.50B | $1.53B | $1.67B | $1.89B | $2.22B | $1.52B | $2.27B | $1.54B | $1.79B |
| Lucro Bruto | $736.0M | $803.0M | $851.0M | $883.0M | $834.0M | $693.0M | $686.0M | $1.14B | $794.0M | $469.0M |
| P&D | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Despesas Gerais e Administrativas | $396.0M | $376.0M | $452.0M | $415.0M | $461.0M | $499.0M | $479.0M | $754.0M | $585.0M | $435.0M |
| Despesas Operacionais | $532.0M | $614.0M | $647.0M | $618.0M | $687.0M | $499.0M | $780.0M | $1.24B | $884.0M | $435.0M |
| Lucro Operacional | $203.0M | $190.0M | $204.0M | $265.0M | $147.0M | $194.0M | -$94.0M | -$101.0M | -$90.0M | $34.0M |
| EBITDA | $393.0M | $461.0M | $433.0M | $515.0M | $431.0M | $481.0M | $347.0M | $186.0M | $350.0M | -$2.56B |
| Despesas com Juros | 0 | 0 | $208.0M | $224.0M | $234.0M | $180.0M | $122.0M | $131.0M | $103.0M | $92.0M |
| Lucro Antes de Impostos | $204.0M | $75.0M | -$4.0M | $38.0M | -$94.0M | -$53.0M | -$124.0M | -$366.0M | -$148.0M | -$3.06B |
| Imposto | $78.0M | $34.0M | $17.0M | $16.0M | $9.0M | $20.0M | $16.0M | -$4.0M | -$8.0M | $16.0M |
| Lucro Líquido | $126.0M | $24.0M | -$21.0M | $22.0M | -$103.0M | -$60.0M | -$62.0M | -$345.0M | -$157.0M | -$3.10B |
| LPA | $20.20 | $3.80 | $-0.94 | $0.98 | $-4.60 | $-2.80 | $-2.80 | $-14.00 | $-5.80 | $-117.40 |
| LPA Diluído | $20.20 | $3.80 | $-0.94 | $0.98 | $-4.60 | $-2.80 | $-2.80 | $-14.00 | $-5.80 | $-117.40 |
| Ações em Circulação (Diluídas) | $6.2M | $6.2M | $22.3M | $22.3M | $22.3M | $22.0M | $22.9M | $24.5M | $27.4M | $26.4M |
Demonstração de Resultados (Trimestral)
| Ano | 2025-Q3 | 2025-Q4 | 2026-Q1 | 2026-Q2 |
|---|
| Receita | $533.0M | $653.0M | $534.0M | $511.0M |
| Lucro Bruto | $206.0M | -$84.0M | $156.0M | $142.0M |
| Lucro Operacional | -$1.32B | $2.37B | -$22.0M | -$40.0M |
| EBITDA | -$730.0M | -$586.0M | $102.0M | $20.0M |
| Lucro Líquido | -$1.07B | -$932.0M | -$19.0M | -$10.0M |
| LPA | $-40.40 | $-35.60 | $-0.80 | $-0.38 |
| LPA Diluído | $-40.40 | $-35.60 | $-0.80 | $-0.38 |
Balanço (10 anos)
| Ano | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|
| Caixa e Equivalentes | $196.0M | $220.0M | $218.0M | $506.0M | $372.0M | $250.0M | $358.0M | $343.0M | $273.0M |
| Investimentos de Curto Prazo | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Contas a Receber | $564.0M | $507.0M | $665.0M | $564.0M | $663.0M | $827.0M | $805.0M | $560.0M | $477.0M |
| Estoque | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Ativos Circulantes | $2.07B | $1.52B | $1.77B | $2.23B | $2.47B | $2.82B | $2.78B | $1.27B | $1.14B |
| Imobilizado | $151.0M | $230.0M | $418.0M | $463.0M | $356.0M | $406.0M | $439.0M | $396.0M | $378.0M |
| Ágio | $1.81B | $1.85B | $2.21B | $2.25B | $3.64B | $3.68B | $3.54B | $3.21B | $83.0M |
| Ativos Intangíveis | $2.04B | $1.91B | $1.93B | $1.73B | $4.17B | $3.87B | $3.55B | $2.85B | $2.57B |
| Ativos Totais | $6.26B | $5.68B | $6.59B | $6.96B | $10.99B | $11.23B | $10.78B | $8.19B | $4.57B |
| Contas a Pagar | $325.0M | $341.0M | $405.0M | $394.0M | $406.0M | $508.0M | $444.0M | $355.0M | $253.0M |
| Dívida de Curto Prazo | $29.0M | $29.0M | $30.0M | $37.0M | $38.0M | $31.0M | $25.0M | $25.0M | $20.0M |
| Passivos Circulantes | $1.76B | $1.25B | $1.54B | $1.78B | $2.12B | $2.35B | $2.19B | $892.0M | $874.0M |
| Dívida de Longo Prazo | $3.41B | $3.40B | $3.77B | $4.04B | $2.83B | $2.79B | $2.77B | $2.00B | $1.99B |
| Passivos Totais | $5.37B | $4.86B | $5.78B | $6.27B | $6.06B | $6.15B | $6.04B | $3.88B | $3.52B |
| Reservas | 0 | 0 | -$24.0M | -$127.0M | -$96.0M | -$158.0M | -$503.0M | -$660.0M | -$3.76B |
| Patrimônio Líquido | $887.0M | $818.0M | $805.0M | $683.0M | $4.14B | $4.44B | $4.46B | $4.31B | $1.04B |
| Dívida Total | $3.46B | $3.46B | $4.06B | $4.36B | $3.11B | $3.00B | $2.92B | $2.16B | $2.12B |
| Dívida Líquida | $3.26B | $3.24B | $3.84B | $3.85B | $2.74B | $2.75B | $2.56B | $1.81B | $1.85B |
| Capital de Giro | $309.0M | $275.0M | $230.0M | $446.0M | $344.0M | $468.0M | $589.0M | $375.0M | $268.0M |
Balanço (Trimestral)
| Ano | 2025-Q3 | 2025-Q4 | 2026-Q1 | 2026-Q2 |
|---|
| Caixa e Equivalentes | $205.0M | $273.0M | $417.0M | $215.0M |
| Ativos Totais | $5.54B | $4.57B | $4.34B | $4.27B |
| Passivos Totais | $3.53B | $3.52B | $3.31B | $3.24B |
| Patrimônio Líquido | $2.00B | $1.04B | $1.03B | $1.02B |
| Dívida Total | $2.13B | $2.12B | $2.11B | $2.06B |
Fluxo de Caixa (10 anos)
| Ano | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|
| Lucro Líquido | $126.0M | $41.0M | -$21.0M | $22.0M | -$103.0M | -$60.0M | -$72.0M | -$317.0M | -$138.0M | -$3.08B |
| Depreciação e Amortização | $190.0M | $192.0M | $229.0M | $253.0M | $291.0M | $354.0M | $395.0M | $373.0M | $395.0M | $407.0M |
| Compensação em Ações | $31.0M | $10.0M | $14.0M | $9.0M | $5.0M | 0 | $181.0M | $139.0M | $76.0M | $19.0M |
| Variação Capital de Giro | $5.0M | -$83.0M | -$58.0M | -$51.0M | -$21.0M | -$285.0M | -$158.0M | -$79.0M | -$105.0M | -$50.0M |
| Fluxo de Caixa Operacional | $388.0M | $303.0M | $196.0M | $268.0M | $233.0M | $115.0M | $286.0M | $386.0M | $252.0M | $360.0M |
| CapEx | -$77.0M | -$57.0M | -$80.0M | -$77.0M | -$90.0M | -$114.0M | -$148.0M | -$140.0M | -$121.0M | -$110.0M |
| Aquisições | 0 | -$4.25B | -$75.0M | -$527.0M | -$52.0M | -$1.79B | -$87.0M | $1.0M | $968.0M | -$13.0M |
| Recompra de Ações | 0 | -$399.0M | 0 | -$4.0M | 0 | -$144.0M | -$12.0M | -$40.0M | -$167.0M | -$65.0M |
| Dividendos Pagos | -$308.0M | -$69.0M | 0 | -$10.0M | -$3.0M | 0 | 0 | 0 | -$21.0M | -$86.0M |
| Fluxo de Caixa Livre | $311.0M | $246.0M | $116.0M | $191.0M | $143.0M | $1.0M | $138.0M | $246.0M | $131.0M | $250.0M |
Fluxo de Caixa (Trimestral)
| Ano | 2025-Q3 | 2025-Q4 | 2026-Q1 | 2026-Q2 |
|---|
| Fluxo de Caixa Operacional | $77.0M | $124.0M | $79.0M | $73.0M |
| CapEx | -$28.0M | -$25.0M | -$26.0M | -$25.0M |
| Fluxo de Caixa Livre | $49.0M | $99.0M | $53.0M | $48.0M |
| Dividendos Pagos | -$22.0M | -$21.0M | 0 | -$1.0M |
| Compensação em Ações | $3.0M | 0 | 0 | $11.0M |
Crescimento e Margens (10 anos)
| Ano | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|
| Crescimento Receita (anual) | | +1.8% | +3.3% | +7.3% | +6.9% | +6.9% | -24.3% | +54.5% | -31.6% | -3.0% |
| Crescimento Lucro Líquido (anual) | | -81.0% | -187.5% | +204.8% | -568.2% | +41.7% | -3.3% | -456.5% | +54.5% | -1872.6% |
| Crescimento LPA (anual) | | -81.2% | -124.7% | +204.7% | -567.5% | +39.1% | +0.0% | -400.0% | +58.6% | -1924.1% |
| Variação de Ações (anual) | | +0.0% | +259.1% | +0.0% | +0.0% | -1.6% | +4.3% | +6.7% | +11.8% | -3.6% |
| Crescimento FCF (anual) | | -20.9% | -52.8% | +64.7% | -25.1% | -99.3% | +13700.0% | +78.3% | -46.7% | +90.8% |
| Margem Bruta | 32.6% | 34.9% | 35.8% | 34.6% | 30.6% | 23.8% | 31.1% | 33.4% | 34.0% | 20.7% |
| Margem Operacional | 9.0% | 8.3% | 8.6% | 10.4% | 5.4% | 6.7% | -4.3% | -3.0% | -3.9% | 1.5% |
| Margem EBITDA | 17.4% | 20.0% | 18.2% | 20.2% | 15.8% | 16.5% | 15.7% | 5.5% | 15.0% | -113.3% |
| Margem Líquida | 5.6% | 1.0% | -0.9% | 0.9% | -3.8% | -2.1% | -2.8% | -10.1% | -6.7% | -136.9% |
| Margem FCF | 13.8% | 10.7% | 4.9% | 7.5% | 5.2% | 0.0% | 6.3% | 7.2% | 5.6% | 11.1% |
| Taxa Efetiva de Imposto | 38.2% | 45.3% | -425.0% | 42.1% | -9.6% | -37.7% | -12.9% | 1.1% | 5.4% | -0.5% |
Dados por Ação (10 anos)
| Ano | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|
| FCF por Ação | $50.00 | $39.55 | $5.19 | $8.55 | $6.40 | $0.05 | $6.02 | $10.05 | $4.79 | $9.48 |
| Dividendo por Ação | $49.51 | $11.09 | $0.00 | $0.45 | $0.13 | $0.00 | $0.00 | $0.00 | $0.77 | $3.26 |
| Ações em Circulação (Básicas) | $6.2M | $6.2M | $22.3M | $22.3M | $22.3M | $22.0M | $22.9M | $24.5M | $27.3M | $26.4M |
O que olhar em empresas de Technology
- Crescimento de receita 3a (≥15%/ano) — Valida tração sustentada, não um ano pontual.
- Margem bruta (Depende do sub-setor) — SaaS ≥70%, Internet ≥55%, Semis ≥45%, Hardware ≥35%.
- FCF / Receita (≥20%) — Caixa real gerada. Muitas tech maquilham lucros não-GAAP.
- ROIC (≥15%) — Eficiência do capital reinvestido — a primeira métrica de Buffett.
- SBC / Receita (<10% saudável) — Stock-based compensation. Diluição silenciosa: >20% destrói valor.
- Dívida Líquida / EBITDA (≤2x (1,5x SaaS)) — Resistência em recessões e subidas de juros.
Rentabilidade
| Retorno sobre patrimônio | -159.15% |
| Retorno sobre capital investido | 27.31% |
| Retorno sobre ativos | -47.52% |
| Margem bruta | 18.83% |
| Margem operacional | 44.37% |
| Margem líquida | -90.90% |
Saúde financeira
| Dívida / Patrimônio | 2.01 |
| Liquidez corrente | 1.42 |
Índices Chave (10 anos)
| Ano | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|
| P/L | 8.94 | 47.53 | -192.13 | 183.54 | -39.26 | -77.21 | -59.71 | -12.19 | -23.86 | -0.33 |
| P/VP | 0.00 | 1.27 | 4.93 | 5.01 | 5.91 | 1.15 | 0.86 | 0.94 | 0.88 | 0.99 |
| P/V | 0.50 | 0.49 | 1.70 | 1.58 | 1.48 | 1.63 | 1.74 | 1.22 | 1.62 | 0.45 |
| Margem Bruta | 32.6% | 34.9% | 35.8% | 34.6% | 30.6% | 23.8% | 31.1% | 33.4% | 34.0% | 20.7% |
| Margem Operacional | 9.0% | 8.3% | 8.6% | 10.4% | 5.4% | 6.7% | -4.3% | -3.0% | -3.9% | 1.5% |
| Margem Líquida | 5.6% | 1.0% | -0.9% | 0.9% | -3.8% | -2.1% | -2.8% | -10.1% | -6.7% | -136.9% |