Alight Inc. - 2025年季度报告

FORM10-Q As ofMay1, 2025, the registrant had527,834,564shares of Class A Common Stock, par value $0.0001 per share,4,955,297shares ofClass B-1 Common Stock, par value $0.0001 per share,4,955,297shares of Class B-2 Common Stock, par value $0.0001 per share, and510,115shares of Class V Common Stock, par value $0.0001 per share, outstanding. Table of Contents PART I.FINANCIAL INFORMATION Condensed Consolidated Statements of Cash Flows (Unaudited)Notes to Unaudited Condensed Consolidated Financial StatementsItem 2.Management’s Discussion and Analysis of Financial Condition and Results of Operations29 Forward-Looking Statements This Quarterly Report on Form 10-Q contains forward-looking statements within the meaning of Section 27A of theSecurities Act of 1933, as amended (the "Securities Act"), and Section 21E of the Securities Exchange Act of 1934, as amended (the"Exchange Act"). These forward-looking statements include, but are not limited to, statements that relate to expectations regardingfuture financial performance, and business strategies or expectations for our business. Forward-looking statements can often beidentified by the use of words such as “anticipate,” “appear,” “approximate,” “believe,” “continue,” “could,” “estimate,” “expect,”“foresee,” “intends,” “may,” “might,” “plan,” “possible,” “potential,” “predict,” “project,” “seek,” “should,” “would” or similarexpressions or the negative thereof. These forward-looking statements are based on information available as of the date of this reportand the Company’s management’s current expectations, forecasts and assumptions, and involve a number of judgments, known andunknown risks and uncertainties and other factors, many of which are outside the control of the Company and its directors, officers Website and Social Media Disclosure We use our website (www.alight.com) and our corporate Facebook (http://www.facebook.com/AlightGlobal), Instagram(@alight_solutions), LinkedIn (www.linkedin.com/company/alightsolutions), X (@alightsolutions), and YouTube(www.youtube.com/c/AlightSolutions) accounts as channels of distribution of Company information. The information we post throughthese channels may be deemed material. Accordingly, investors should monitor these channels, in addition to following our pressreleases, filings made with the Securities and Exchange Commission (the "SEC") and public conference calls and webcasts. Inaddition, you may automatically receive email alerts and other information about Alight by visiting the “Resources—Investor Email The Company makes available free of charge on its website or provides a link on its website to the Company’s Annual Reporton Form 10-K, Quarterly Reports on Form 10-Q and Current Reports on Form 8-K, and any amendments to those reports filed orfurnished pursuant to Section 13(a) or 15(d) of the Exchange Act, as soon as reasonably practicable after those reports are PART I—FINANCIAL INFORMATION Alight, Inc.Condensed Consolidated Balance Sheets Alight, Inc.Notes to Unaudited Condensed Consolidated Financial Statements 1. Basis of Presentation and Nature of Business Basis of Presentation The accompanying unaudited Condensed Consolidated Financial Statements have been prepared in accordance with U.S.generally accepted accounting principles (“U.S. GAAP”) for interim financial information and should be read in conjunction with theConsolidated Financial Statements contained in the Company’s Annual Report on Form 10-K for the fiscal year ended December31, On July2, 2021 (the “Closing Date”), Alight Holding Company, LLC (the "Predecessor" or "Alight Holdings") completed abusiness combination (the "Business Combination") with a special purpose acquisition company. On the Closing Date, pursuant to theBusiness Combination Agreement, the special purpose acquisition company became a wholly owned subsidiary of Alight, Inc.(“Alight”, the “Company”, “we” “us” “our” or the “Successor”). As of March31, 2025, Alight owned approximately99% of the On July12, 2024, the Company, completed the previously announced sale (the “Transaction”) of Alight's ProfessionalServices segment and its Payroll & HCM Outsourcing business (the "Divestiture" or "Divested Business") within the EmployerSolutions segment. As a result of this agreement, the results of the Company’s Payroll and Professional Services businesses arereported separately as discontinued operations, net of tax, in our condensed consolidated financial statements for all periods presented Nature of Business We are a technology-enabled services company delivering human capital management solutions to many of the world'slargest and most complex organizations. This includes the implementation and administration of employee benefits (e.g., health,wealth and leaves) solutions. Alight’s numerous solutions and services are utilized year-round by employees and their family membersin support of their overall health, wealth and wellbeing goals. Participants can access their sol