ADV · Advantage Solutions Inc. - Financials
Annual line items from SEC XBRL filings, sourced from EDGAR's Company Facts API with fallback to the quarterly Financial Statement Data Sets. See issuer overview for Form 4 activity and 10-K signals.
Income Statement
| Line item | Q1 '26 | Q4 '25 | Q3 '25 | Q2 '25 | Q1 '25 | Q4 '24 | Q3 '24 | Q2 '24 | Q1 '24 | Q4 '23 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $869.60M | - | $915.01M | $873.71M | $821.79M | - | $939.27M | $873.36M | $879.00M | - |
| Cost of Revenue | - | - | - | - | - | - | - | - | - | - |
| Gross Profit | - | - | - | - | - | - | - | - | - | - |
| R&D | - | - | - | - | - | - | - | - | - | - |
| SG&A | $53.31M | - | $57.57M | $68.66M | $64.86M | - | $98.44M | $62.86M | $89.66M | - |
| Total Operating Expenses | $865.44M | - | $874.85M | $863.70M | $836.41M | - | $942.45M | $964.62M | $905.76M | - |
| D&A | $51.57M | - | $50.74M | $50.70M | $50.36M | - | $51.87M | $51.32M | $51.54M | - |
| Operating Income | $4.16M | - | $40.16M | $10.01M | ($14.62M) | - | ($3.18M) | ($91.26M) | ($26.76M) | - |
| Interest Expense | $34.80M | - | $34.95M | $39.75M | $35.76M | - | $42.27M | $39.75M | $35.76M | - |
| Income Tax | $23.32M | - | ($15.25M) | $4.62M | $7.14M | - | ($4.87M) | ($17.31M) | ($13.70M) | - |
| Net Income | ($71.83M) | - | $20.57M | ($30.44M) | ($56.13M) | - | ($42.78M) | ($100.83M) | ($5.31M) | - |
| EPS - Basic | ($4.36) | - | - | - | - | - | ($3.25) | ($7.75) | ($0.50) | - |
| EPS - Diluted | ($5.49) | - | - | - | - | - | ($3.25) | ($7.75) | ($0.50) | - |
Balance Sheet
| Line item | Q1 '26 | Q4 '25 | Q3 '25 | Q2 '25 | Q1 '25 | Q4 '24 | Q3 '24 | Q2 '24 | Q1 '24 | Q4 '23 |
|---|---|---|---|---|---|---|---|---|---|---|
| Cash & Equivalents | $143.87M | $240.85M | $201.14M | $102.87M | $121.15M | $205.23M | $196.10M | $153.99M | $112.29M | $126.48M |
| Accounts Receivable | $572.57M | $595.00M | $635.35M | $673.26M | $641.71M | $603.07M | $667.44M | $647.40M | $649.42M | $703.25M |
| Inventory | - | - | - | - | - | - | - | - | - | - |
| Accounts Payable | $176.47M | $162.38M | $167.22M | $176.80M | $180.58M | $158.49M | $197.90M | $204.90M | $190.89M | $181.08M |
| Current Assets | $804.75M | $972.62M | $943.88M | $926.71M | $878.99M | $910.74M | $975.20M | $1.08B | $932.13M | $1.01B |
| Total Assets | $2.56B | $2.79B | $2.99B | $3.03B | $3.01B | $3.11B | $3.39B | $3.50B | $3.63B | $3.78B |
| Current Liabilities | $412.04M | $432.63M | $428.88M | $473.36M | $441.93M | $460.06M | $512.93M | $508.95M | $476.93M | $541.30M |
| Long-term Debt | $1.52B | $1.66B | $1.66B | $1.66B | $1.67B | $1.69B | $1.69B | $1.77B | $1.80B | $1.85B |
| Total Liabilities | $2.09B | $2.24B | $2.29B | $2.35B | $2.32B | $2.36B | $2.46B | $2.52B | $2.55B | $2.68B |
| Stockholders' Equity | $478.03M | $553.96M | $708.50M | $683.57M | $695.58M | $748.74M | $932.53M | $973.73M | $1.08B | $1.11B |
| Retained Earnings | ($2.94B) | ($2.87B) | ($2.71B) | ($2.73B) | ($2.70B) | ($2.64B) | ($2.46B) | ($2.42B) | ($2.32B) | ($2.31B) |
Cash Flow
| Line item | Q1 '26 | Q4 '25 | Q3 '25 | Q2 '25 | Q1 '25 | Q4 '24 | Q3 '24 | Q2 '24 | Q1 '24 | Q4 '23 |
|---|---|---|---|---|---|---|---|---|---|---|
| Operating Cash Flow | $23.73M | - | - | - | ($39.63M) | - | - | - | ($7.83M) | - |
| Investing Cash Flow | $27.52M | - | - | - | ($18.43M) | - | - | - | $67.70M | - |
| Financing Cash Flow | ($146.66M) | - | - | - | ($22.14M) | - | - | - | ($66.95M) | - |
| CapEx | $15.10M | - | - | - | $15.10M | - | - | - | $16.16M | - |
| Free Cash Flow | $8.62M | - | - | - | ($54.73M) | - | - | - | ($23.99M) | - |
Ratios
| Metric | Q1 '26 | Q4 '25 | Q3 '25 | Q2 '25 | Q1 '25 | Q4 '24 | Q3 '24 | Q2 '24 | Q1 '24 | Q4 '23 |
|---|---|---|---|---|---|---|---|---|---|---|
| Profitability | ||||||||||
| Gross margin | - | - | - | - | - | - | - | - | - | - |
| Operating margin | 0.5% | - | 4.4% | 1.1% | -1.8% | - | -0.3% | -10.4% | -3.0% | - |
| EBITDA margin | 6.4% | - | 9.9% | 6.9% | 4.3% | - | 5.2% | -4.6% | 2.8% | - |
| Net margin | -8.3% | - | 2.2% | -3.5% | -6.8% | - | -4.6% | -11.5% | -0.6% | - |
| Free cash flow margin | 1.0% | - | - | - | -6.7% | - | - | - | -2.7% | - |
| FCF / Net income | -0.12 | - | - | - | 0.98 | - | - | - | 4.52 | - |
| R&D / Revenue | - | - | - | - | - | - | - | - | - | - |
| SG&A / Revenue | 6.1% | - | 6.3% | 7.9% | 7.9% | - | 10.5% | 7.2% | 10.2% | - |
| Effective tax rate | - | - | -286.9% | - | - | - | - | - | - | - |
| Return on assets | -2.8% | - | 0.7% | -1.0% | -1.9% | - | -1.3% | -2.9% | -0.1% | - |
| Return on equity | -15.0% | - | 2.9% | -4.5% | -8.1% | - | -4.6% | -10.4% | -0.5% | - |
| Return on invested capital | 0.2% | - | 1.7% | 0.3% | -0.5% | - | -0.1% | -2.6% | -0.7% | - |
| Liquidity | ||||||||||
| Current ratio | 1.95 | 2.25 | 2.20 | 1.96 | 1.99 | 1.98 | 1.90 | 2.12 | 1.95 | 1.87 |
| Quick ratio | 1.95 | 2.25 | 2.20 | 1.96 | 1.99 | 1.98 | 1.90 | 2.12 | 1.95 | 1.87 |
| Cash ratio | 0.35 | 0.56 | 0.47 | 0.22 | 0.27 | 0.45 | 0.38 | 0.30 | 0.24 | 0.23 |
| Leverage | ||||||||||
| Debt / Equity | 3.18 | 3.00 | 2.35 | 2.43 | 2.39 | 2.25 | 1.81 | 1.82 | 1.66 | 1.68 |
| Debt / Assets | 0.59 | 0.59 | 0.56 | 0.55 | 0.55 | 0.54 | 0.50 | 0.51 | 0.49 | 0.49 |
| Debt / EBITDA | 27.29 | - | 18.28 | 27.40 | 46.59 | - | 34.67 | - | 72.48 | - |
| Interest coverage | 0.1x | - | 1.1x | 0.3x | -0.4x | - | -0.1x | -2.3x | -0.7x | - |
| Equity multiplier | 5.37 | 5.04 | 4.23 | 4.43 | 4.33 | 4.15 | 3.64 | 3.59 | 3.35 | 3.42 |
| Liabilities / Assets | 0.81 | 0.80 | 0.76 | 0.77 | 0.77 | 0.76 | 0.73 | 0.72 | 0.70 | 0.71 |
| Efficiency | ||||||||||
| Asset turnover | 0.34 | - | 0.31 | 0.29 | 0.27 | - | 0.28 | 0.25 | 0.24 | - |
| Inventory turnover | - | - | - | - | - | - | - | - | - | - |
| Days sales outstanding | 240d | - | 253d | 281d | 285d | - | 259d | 271d | 270d | - |
| Days inventory outstanding | - | - | - | - | - | - | - | - | - | - |
| Days payable outstanding | - | - | - | - | - | - | - | - | - | - |
| Cash conversion cycle | - | - | - | - | - | - | - | - | - | - |
| Valuation | ||||||||||
| P / E | - | - | - | - | - | - | - | - | - | - |
| P / B | 0.6x | - | 18.3x | 15.7x | 17.5x | - | 29.5x | 26.7x | 32.1x | - |
| P / S | 0.3x | - | 14.2x | 12.2x | 14.8x | - | 29.3x | 29.8x | 39.6x | - |
| EV / EBITDA | 29.7x | - | 159.1x | 202.0x | 383.0x | - | 596.1x | - | 1472.3x | - |
| Growth | ||||||||||
| Revenue growth (YoY) | 5.8% | - | -2.6% | 0.0% | -6.5% | - | -14.3% | -15.8% | -13.1% | - |
| Revenue CAGR (3y) | -4.9% | - | -4.5% | -3.8% | -3.5% | - | 6.2% | 0.9% | -0.0% | - |
| Revenue CAGR (5y) | -0.2% | - | - | - | - | - | - | - | - | - |
| Gross profit growth (YoY) | - | - | - | - | - | - | - | - | - | - |
| Operating income growth (YoY) | - | - | - | - | 45.4% | - | - | - | -224.2% | - |
| Net income growth (YoY) | -28.0% | - | - | 69.8% | -957.7% | - | -75.8% | -1050.8% | 88.8% | - |
| EPS growth (YoY) | - | - | - | - | - | - | -4542.9% | -25733.3% | -233.3% | - |
| EPS CAGR (3y) | - | - | - | - | - | - | - | - | - | - |
| EPS CAGR (5y) | - | - | - | - | - | - | - | - | - | - |
| FCF growth (YoY) | - | - | - | - | -128.2% | - | - | - | - | - |
| FCF CAGR (5y) | - | - | - | - | - | - | - | - | - | - |
| Book value growth (YoY) | -31.3% | -26.0% | -24.0% | -29.8% | -35.8% | -32.3% | -13.0% | -10.8% | -0.3% | -1.7% |
Sales by segment
From XBRL dimensional facts in the 10-K period ending 2025-12-31.
Product / service
$2.11B totalRetail Merchandising Services$693.37M · 32.9%
Branded Merchandising Services$462.24M · 21.9%
Brokerage Services$362.54M · 17.2%
Omni Commerce Marketing Services$338.89M · 16.1%
Advisory Services$187.00M · 8.9%
Agency Services$63.30M · 3.0%
Peer comparison
Same SIC group: Services-Business Services, NEC
Comparing Advantage Solutions Inc. against the 5 most active filers in the same SIC group.