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Alithya Reports Q4 2026 Loss, Revenue Declines 9.2% to $113.8 M Amid Impairment Charge
On June 11, 2026, Montreal‑based Alithya Group Inc. (TSX: ALYA), a specialist in strategic consulting, enterprise architecture and digital transformation, reported that its fourth‑quarter revenue slipped 9.2 % to $113.8 million and that the company recorded a net loss for fiscal 2026, largely driven by an impairment charge.
The earnings call, broadcast at 9:00 AM EDT, was chaired by President, CEO and Director Paul Raymond, joined by CFO Pierre Blanchette and COO Bernard Dockrill. Analysts from Scotiabank Global Banking and Markets, Desjardins Securities and ATB Cormark Capital Markets also participated. Alithya posted the accompanying press release and MD&A, with condensed financial statements, on its website that same morning.
The $113.8 million figure reflects a 9.2 % drop from the same quarter in 2025. Alithya also confirmed that fiscal‑2026 revenue fell 9.2 % year‑over‑year, although it withheld the complete annual amount. The impairment charge, disclosed in the financial statements, was the sole catalyst for the net loss and did not stem from a shift in operating performance.
While backlog numbers were not disclosed, management emphasized that the pipeline remains robust, signaling sustained demand for its services. The firm underscored its commitment to artificial‑intelligence‑driven solutions, digital‑transformation projects and a smart‑shore delivery model that blends on‑site North American expertise with cost‑effective remote centers, positioning these as pivotal growth levers.
Alithya’s three‑year strategic plan, unveiled in 2024, centers on industry expertise, asset‑based solutions, strategic alliances and a global talent pipeline. The early‑2026 acquisition of XRM Vision, which broadened its Microsoft capabilities, was highlighted as a component of the wider effort to enhance technology depth.
In the call, executives reaffirmed the company’s disciplined execution and its ongoing vigilance of market dynamics and client demand. They also cautioned that forward‑looking statements are subject to risks and uncertainties, and that actual outcomes may vary materially.
Looking ahead, Alithya plans to report fiscal‑2027 results in a September 2026 earnings call while continuing to monitor its backlog and client pipeline. The company will also maintain investments in AI and digital‑transformation capabilities as part of its long‑term growth strategy.
In sum, the fourth‑quarter results reveal a revenue dip and a net loss attributable to an impairment charge, yet Alithya upholds a strong backlog and a pronounced focus on AI, digital transformation and smart‑shore delivery as it steers through a competitive consulting arena.
The earnings call, broadcast at 9:00 AM EDT, was chaired by President, CEO and Director Paul Raymond, joined by CFO Pierre Blanchette and COO Bernard Dockrill. Analysts from Scotiabank Global Banking and Markets, Desjardins Securities and ATB Cormark Capital Markets also participated. Alithya posted the accompanying press release and MD&A, with condensed financial statements, on its website that same morning.
The $113.8 million figure reflects a 9.2 % drop from the same quarter in 2025. Alithya also confirmed that fiscal‑2026 revenue fell 9.2 % year‑over‑year, although it withheld the complete annual amount. The impairment charge, disclosed in the financial statements, was the sole catalyst for the net loss and did not stem from a shift in operating performance.
While backlog numbers were not disclosed, management emphasized that the pipeline remains robust, signaling sustained demand for its services. The firm underscored its commitment to artificial‑intelligence‑driven solutions, digital‑transformation projects and a smart‑shore delivery model that blends on‑site North American expertise with cost‑effective remote centers, positioning these as pivotal growth levers.
Alithya’s three‑year strategic plan, unveiled in 2024, centers on industry expertise, asset‑based solutions, strategic alliances and a global talent pipeline. The early‑2026 acquisition of XRM Vision, which broadened its Microsoft capabilities, was highlighted as a component of the wider effort to enhance technology depth.
In the call, executives reaffirmed the company’s disciplined execution and its ongoing vigilance of market dynamics and client demand. They also cautioned that forward‑looking statements are subject to risks and uncertainties, and that actual outcomes may vary materially.
Looking ahead, Alithya plans to report fiscal‑2027 results in a September 2026 earnings call while continuing to monitor its backlog and client pipeline. The company will also maintain investments in AI and digital‑transformation capabilities as part of its long‑term growth strategy.
In sum, the fourth‑quarter results reveal a revenue dip and a net loss attributable to an impairment charge, yet Alithya upholds a strong backlog and a pronounced focus on AI, digital transformation and smart‑shore delivery as it steers through a competitive consulting arena.
