Advantage Solutions Inc.
ADV- Exchange
- Nasdaq
- Industry
- Services-Business Services, NEC
- SEC CIK
- 0001776661
No open-market purchases or sales by Advantage Solutions Inc. insiders were filed in the last 90 days; 86 institutions reported holding it in 13F filings for Q2 2026, worth $180.0M in total; no superinvestor holds it.
- Currency
- USD
- Source
- SEC XBRL data (10-K, 10-Q, 20-F, 40-F)
- Updated
- Nov 5, 2026, 12:21 AM ET
Revenue flow, FY2025
Where the revenue went in FY2025, from the income statement below. Green is profit; orange is costs, expenses and taxes. Percentages are shares of revenue; hover over a band or a bar for the exact amount.
Net loss for FY2025: $227.7M (6.4% of revenue).
Income statement
Each column is one fiscal year, newest first.
| Line item | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 |
|---|---|---|---|---|---|
| Period end | Dec 31, 2025 | Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 |
| Filing | 10-K | 10-K | 10-K | 10-K | 10-K |
| Reported | Mar 3, 2026 | Mar 7, 2025 | Feb 29, 2024 | Mar 1, 2023 | Mar 1, 2022 |
| Revenue | $3.54B | $3.57B | $4.22B | $4.05B | $3.60B |
| Selling, general and administrative | $276.1M | $324.6M | $265.1M | $190.4M | $168.1M |
| Operating income | -$126.5M | -$295.0M | $76.2M | -$1.44B | $230.0M |
| Interest expense | – | – | $165.8M | $104.5M | $137.9M |
| Income tax | -$37.6M | -$62.8M | -$29.0M | -$145.3M | $33.6M |
| Net income | -$227.7M | -$327.0M | -$63.3M | -$1.38B | $54.5M |
| EPS, basic | – | – | $-0.20 | $-4.33 | $0.17 |
| EPS, diluted | – | – | $-0.20 | $-4.33 | $0.17 |
| Weighted shares, basic | 324.6M | 321.5M | 323.7M | 318.7M | 318.2M |
| Weighted shares, diluted | 324.6M | 321.5M | 323.7M | 318.7M | 321.0M |
| Margins and growth | |||||
| Operating margin | -3.6% | -8.3% | 1.8% | -35.5% | 6.4% |
| Net margin | -6.4% | -9.2% | -1.5% | -34.1% | 1.5% |
| Revenue growth, year over year | −0.7% | −15.6% | +4.3% | +12.4% | +14.2% |
| Net income growth, year over year | – | – | – | −2,633.3% | – |
Balance sheet
Each column is one fiscal year, newest first.
| Line item | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 |
|---|---|---|---|---|---|
| Period end | Dec 31, 2025 | Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 |
| Filing | 10-K | 10-K | 10-K | 10-K | 10-K |
| Reported | Mar 3, 2026 | Mar 7, 2025 | Feb 29, 2024 | Mar 1, 2023 | Mar 1, 2022 |
| Cash and equivalents | $240.8M | $205.2M | $126.5M | $120.7M | $164.6M |
| Accounts receivable | $595.0M | $603.1M | $703.3M | – | – |
| Total current assets | $972.6M | $910.7M | $1.01B | $1.16B | $1.10B |
| Property, plant and equipment | $115.9M | $97.8M | $73.9M | $70.9M | $63.7M |
| Goodwill | $438.9M | $477.0M | $855.4M | $887.9M | $2.21B |
| Intangible assets | $993.9M | $1.33B | $1.58B | $1.90B | $2.29B |
| Total assets | $2.79B | $3.11B | $3.78B | $4.26B | $5.85B |
| Accounts payable | $162.4M | $158.5M | $181.1M | $261.5M | $277.4M |
| Short-term debt | $13.3M | $13.3M | $13.6M | $14.0M | $14.4M |
| Total current liabilities | $432.6M | $460.1M | $541.3M | $600.7M | $645.5M |
| Long-term debt | $1.66B | $1.69B | $1.85B | $2.02B | $2.03B |
| Total liabilities | $2.24B | $2.36B | $2.68B | $3.03B | $3.27B |
| Shareholders' equity | $554.0M | $748.7M | $1.10B | $1.23B | $2.58B |
Cash flow statement
Each column is one fiscal year, newest first. Free cash flow is operating cash flow minus capital expenditures.
| Line item | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 |
|---|---|---|---|---|---|
| Period end | Dec 31, 2025 | Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 |
| Filing | 10-K | 10-K | 10-K | 10-K | 10-K |
| Reported | Mar 3, 2026 | Mar 7, 2025 | Feb 29, 2024 | Mar 1, 2023 | Mar 1, 2022 |
| Operating cash flow | $61.5M | $93.1M | $239.0M | $121.3M | $126.0M |
| Capital expenditures | $6.48M | $7.84M | $46.3M | $40.5M | $31.2M |
| Free cash flow | $55.1M | $85.3M | $192.7M | $80.8M | $94.8M |
| Depreciation and amortization | $202.3M | $204.6M | $224.7M | $233.1M | $240.0M |
| Stock-based compensation | -$1.52M | $723.0K | -$2.52M | -$6.93M | -$15.0M |
| Share buybacks | $869.0K | $34.1M | $6.38M | $0 | $12.6M |
| Investing cash flow | $3.84M | $206.4M | -$55.2M | -$113.5M | -$75.8M |
| Financing cash flow | -$36.2M | -$211.4M | -$181.3M | -$41.6M | -$86.3M |
| Net change in cash | $32.2M | $83.5M | $4.31M | -$42.1M | -$39.3M |
| Ratio | |||||
| Stock-based compensation, % of revenue | -0.0% | 0.0% | -0.1% | -0.2% | -0.4% |
Shares outstanding
Common shares outstanding as stated on the cover of each 10-K and 10-Q. The date is the cover date, not the period end; a rising count means dilution.
| Cover date | Shares outstanding | Change in a year | Filing |
|---|---|---|---|
| Oct 30, 2026 | 12.8M | −96.1% | SEC |
| Jul 31, 2026 | 12.8M | −96.1% | SEC |
| May 5, 2026 | 13.3M | −95.9% | SEC |
| Mar 2, 2026 | 327.5M | +1.9% | SEC |
| Nov 4, 2025 | 326.3M | +1.7% | SEC |
| Aug 5, 2025 | 325.9M | +1.7% | SEC |
| May 9, 2025 | 324.3M | +0.7% | SEC |
| Mar 5, 2025 | 321.4M | +0.3% | SEC |
Notes and known gaps
How these numbers are put together, and what they can't tell you.
- Numbers come from the XBRL data in each period's original 10-K, 10-Q, 20-F or 40-F, or its amendment. They are shown as filed: later filings don't restate earlier periods here.
- Reported is the filing date of the first 8-K with Item 2.02 (results of operations) after the period ended, no later than the 10-Q or 10-K and within 120 days. Companies that release results only in the 10-Q, and foreign companies, which use Form 6-K, have none.
Known gaps
- Foreign companies that file Form 20-F or 40-F have annual statements only: their quarterly results are furnished on Form 6-K, which has no XBRL data.
- EPS and share counts are as reported at the time, not adjusted for later stock splits. Stock splits since Dec 31, 2020, from 13F share counts: 1-for-25 in Q1 2026.
- For ADRs, EPS is per ordinary share, not per ADS (one TSMC ADS is five ordinary shares).
- For banks, revenue may be interest income only, depending on how the bank tags its filings; cost of revenue and gross profit are usually blank.
- Companies with several share classes, such as Berkshire Hathaway, may have no EPS and no cover share count.
- Depreciation and amortization is missing for some companies that report it under their own XBRL tags.