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Side-by-side financial comparison of Alight, Inc. (ALIT) and OneWater Marine Inc. (ONEW). Click either name above to swap in a different company.

Alight, Inc. is the larger business by last-quarter revenue ($653.0M vs $442.3M, roughly 1.5× OneWater Marine Inc.). OneWater Marine Inc. runs the higher net margin — -2.9% vs -142.7%, a 139.8% gap on every dollar of revenue. On growth, Alight, Inc. posted the faster year-over-year revenue change (-4.0% vs -8.5%). Over the past eight quarters, OneWater Marine Inc.'s revenue compounded faster (8.2% CAGR vs 8.1%).

Alight Solutions is an American information technology and consulting company that provides cloud-based systems, outsourcing and consultancy related to human resource. They provide platforms and outsourcing for large companies to manage their human capital this includes health benefit administration, financial management and retirement planning.

OneWater Marine Inc. is a leading recreational marine retailer headquartered in the U.S. It sells new and pre-owned boats, yachts and marine parts, offers maintenance, repair and financing services, and serves individual and commercial leisure boating customers across North America through its extensive network of local dealerships.

ALIT vs ONEW — Head-to-Head

Bigger by revenue
ALIT
ALIT
1.5× larger
ALIT
$653.0M
$442.3M
ONEW
Growing faster (revenue YoY)
ALIT
ALIT
+4.6% gap
ALIT
-4.0%
-8.5%
ONEW
Higher net margin
ONEW
ONEW
139.8% more per $
ONEW
-2.9%
-142.7%
ALIT
Faster 2-yr revenue CAGR
ONEW
ONEW
Annualised
ONEW
8.2%
8.1%
ALIT

Income Statement — Q4 FY2025 vs Q3 FY2026

Metric
ALIT
ALIT
ONEW
ONEW
Revenue
$653.0M
$442.3M
Net Profit
$-932.0M
$-12.9M
Gross Margin
36.8%
23.9%
Operating Margin
-114.9%
1.7%
Net Margin
-142.7%
-2.9%
Revenue YoY
-4.0%
-8.5%
Net Profit YoY
-11750.0%
EPS (diluted)
$-1.77
$-0.78

Green = leading value per metric. Periods may differ when fiscal calendars don't align.

8-Quarter Revenue & Profit Trend

Side-by-side quarterly history. Quarters aligned by calendar period so offset fiscal years line up.

Revenue
ALIT
ALIT
ONEW
ONEW
Q2 26
$442.3M
Q1 26
$380.6M
Q4 25
$653.0M
$380.6M
Q3 25
$533.0M
$460.1M
Q2 25
$528.0M
$552.9M
Q1 25
$548.0M
$483.5M
Q4 24
$680.0M
$375.8M
Q3 24
$555.0M
$377.9M
Net Profit
ALIT
ALIT
ONEW
ONEW
Q2 26
$-12.9M
Q1 26
$-7.7M
Q4 25
$-932.0M
$-7.7M
Q3 25
$-1.1B
$-113.0M
Q2 25
$-1.1B
$10.7M
Q1 25
$-25.0M
$-368.0K
Q4 24
$8.0M
$-12.0M
Q3 24
$-74.0M
$-9.2M
Gross Margin
ALIT
ALIT
ONEW
ONEW
Q2 26
23.9%
Q1 26
23.5%
Q4 25
36.8%
23.5%
Q3 25
33.4%
22.6%
Q2 25
33.3%
23.3%
Q1 25
31.2%
22.8%
Q4 24
39.9%
22.4%
Q3 24
31.4%
24.0%
Operating Margin
ALIT
ALIT
ONEW
ONEW
Q2 26
1.7%
Q1 26
Q4 25
-114.9%
-1.4%
Q3 25
-248.0%
-28.3%
Q2 25
-191.3%
5.5%
Q1 25
-1.5%
3.4%
Q4 24
6.5%
-0.5%
Q3 24
-7.6%
1.2%
Net Margin
ALIT
ALIT
ONEW
ONEW
Q2 26
-2.9%
Q1 26
-2.0%
Q4 25
-142.7%
-2.0%
Q3 25
-200.2%
-24.5%
Q2 25
-203.2%
1.9%
Q1 25
-4.6%
-0.1%
Q4 24
1.2%
-3.2%
Q3 24
-13.3%
-2.4%
EPS (diluted)
ALIT
ALIT
ONEW
ONEW
Q2 26
$-0.78
Q1 26
$-0.47
Q4 25
$-1.77
Q3 25
$-2.02
Q2 25
$-2.03
Q1 25
$-0.05
Q4 24
$0.02
Q3 24
$-0.14

Balance Sheet & Financial Strength

Snapshot of each company's liquidity, leverage and book value from the latest quarter.

Metric
ALIT
ALIT
ONEW
ONEW
Cash + ST InvestmentsLiquidity on hand
$273.0M
Total DebtLower is stronger
$2.0B
Stockholders' EquityBook value
$1.0B
$269.4M
Total Assets
$4.6B
$1.4B
Debt / EquityLower = less leverage
1.92×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
ALIT
ALIT
ONEW
ONEW
Q2 26
Q1 26
Q4 25
$273.0M
Q3 25
$205.0M
Q2 25
$227.0M
Q1 25
$223.0M
Q4 24
$343.0M
Q3 24
$300.0M
Total Debt
ALIT
ALIT
ONEW
ONEW
Q2 26
Q1 26
Q4 25
$2.0B
Q3 25
$2.0B
Q2 25
$2.0B
Q1 25
$2.0B
Q4 24
$2.0B
Q3 24
$2.0B
Stockholders' Equity
ALIT
ALIT
ONEW
ONEW
Q2 26
$269.4M
Q1 26
$277.5M
Q4 25
$1.0B
$277.5M
Q3 25
$2.0B
$285.0M
Q2 25
$3.1B
$393.2M
Q1 25
$4.2B
$381.6M
Q4 24
$4.3B
$354.8M
Q3 24
$4.3B
$360.8M
Total Assets
ALIT
ALIT
ONEW
ONEW
Q2 26
$1.4B
Q1 26
$1.4B
Q4 25
$4.6B
$1.4B
Q3 25
$5.5B
$1.4B
Q2 25
$6.8B
$1.5B
Q1 25
$7.9B
$1.6B
Q4 24
$8.2B
$1.6B
Q3 24
$8.3B
$1.6B
Debt / Equity
ALIT
ALIT
ONEW
ONEW
Q2 26
Q1 26
Q4 25
1.92×
Q3 25
1.00×
Q2 25
0.65×
Q1 25
0.48×
Q4 24
0.47×
Q3 24
0.47×

Cash Flow & Capital Efficiency

How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.

Metric
ALIT
ALIT
ONEW
ONEW
Operating Cash FlowLast quarter
$124.0M
Free Cash FlowOCF − Capex
$99.0M
FCF MarginFCF / Revenue
15.2%
Capex IntensityCapex / Revenue
3.8%
Cash ConversionOCF / Net Profit
TTM Free Cash FlowTrailing 4 quarters
$250.0M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
ALIT
ALIT
ONEW
ONEW
Q2 26
Q1 26
Q4 25
$124.0M
$-76.3M
Q3 25
$77.0M
$9.9M
Q2 25
$86.0M
$90.8M
Q1 25
$73.0M
$28.5M
Q4 24
$118.0M
$-37.4M
Q3 24
$-24.0M
$27.3M
Free Cash Flow
ALIT
ALIT
ONEW
ONEW
Q2 26
Q1 26
Q4 25
$99.0M
$-78.2M
Q3 25
$49.0M
$7.2M
Q2 25
$58.0M
$88.9M
Q1 25
$44.0M
$23.7M
Q4 24
$92.0M
$-40.0M
Q3 24
$-52.0M
$23.2M
FCF Margin
ALIT
ALIT
ONEW
ONEW
Q2 26
Q1 26
Q4 25
15.2%
-20.6%
Q3 25
9.2%
1.6%
Q2 25
11.0%
16.1%
Q1 25
8.0%
4.9%
Q4 24
13.5%
-10.7%
Q3 24
-9.4%
6.1%
Capex Intensity
ALIT
ALIT
ONEW
ONEW
Q2 26
Q1 26
Q4 25
3.8%
0.5%
Q3 25
5.3%
0.6%
Q2 25
5.3%
0.4%
Q1 25
5.3%
1.0%
Q4 24
3.8%
0.7%
Q3 24
5.0%
1.1%
Cash Conversion
ALIT
ALIT
ONEW
ONEW
Q2 26
Q1 26
Q4 25
Q3 25
Q2 25
8.47×
Q1 25
Q4 24
14.75×
Q3 24

Financial Flow Comparison

Revenue → gross profit → operating profit → net profit for each company.

Revenue Breakdown by Segment

ALIT
ALIT

Recurring$607.0M93%
Projects$46.0M7%

ONEW
ONEW

New boat$272.0M62%
Pre-owned boat$94.4M21%
Service, parts & other$61.9M14%
Finance & insurance income$14.0M3%

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