FY2025 · ended Dec 31, 2025 · Revenue $3.54B, -0.7% YoY · Filed Mar 3, 2026
Advantage Solutions Inc. (ADV) files with the SEC under industry code 7389, Services-Business Services, NEC. In fiscal 2025, which ended Dec 31, 2025, it reported revenue of $3.5 billion and a net loss of $227.7 million. Free cash flow was $55.1 million. As of Sep 30, 2026 it held $131.3 million in cash and investments and $1.6 billion in total debt.
Revenue (TTM)
$3.60B
+2.9% vs year-ago TTM
Net income (TTM)
$-321.37M
-31.7% vs year-ago TTM
Operating cash flow (TTM)
$113.86M
+267.4% vs year-ago TTM
Free cash flow (TTM)
$104.81M
+511.9% vs year-ago TTM
EPS (TTM)
$-0.99
+63.2% vs year-ago TTM
Dividend per share
None
Shares outstanding
327.51M
+1.9% vs prior year
Net cash
$-1.45B
as of Sep 30, 2026
Operating margin
-4.1%
FY 2026
Company profile
- Industry
- Services-Business Services, NEC (SIC 7389)
- Listed as
- ADV (Nasdaq)
- Fiscal year ends
- December 31
- Headquarters
- St. Louis, MO
- SEC filer status
- Accelerated filer
- SEC CIK
- 1776661
- Former names
- Advantage Solutions Inc. (until Nov 4, 2026); Conyers Park II Acquisition Corp. (until Oct 28, 2020)
Other Services-Business Services, NEC companies
- Visa Inc. V
- Mastercard Inc MA
- Alibaba Group Holding Ltd BABA
- Accenture plc ACN
- Uber Technologies, Inc UBER
- PDD Holdings Inc. PDD
- Mercadolibre Inc MELI
- DoorDash, Inc. DASH
Key figures
Fiscal-year totals from the annual reports. Balance sheet lines are as of each year end.
| Line | FY 2025 Dec 31, 2025 |
FY 2024 Dec 31, 2024 |
FY 2023 Dec 31, 2023 |
FY 2022 Dec 31, 2022 |
FY 2021 Dec 31, 2021 |
|---|---|---|---|---|---|
| Revenue | $3.5B | $3.6B | $3.9B | $3.6B | $3.6B |
| Operating income | -$126.5M | -$295.0M | $46.6M | -$1.5B | $230.0M |
| Net income | -$227.7M | -$327.0M | -$63.3M | -$1.4B | $54.5M |
| Diluted EPS | — | — | -$0.20 | -$4.33 | $0.17 |
| Operating cash flow | $61.5M | $93.1M | $228.5M | $104.7M | $126.0M |
| Free cash flow | $55.1M | $85.3M | $207.8M | $92.4M | $94.8M |
| Total assets | $2.8B | $3.1B | $3.8B | $4.3B | $5.9B |
| Total liabilities | $2.2B | $2.4B | $2.7B | $3.0B | $3.3B |
| Stockholders' equity | $554.0M | $748.7M | $1.1B | $1.2B | $2.6B |
| Cash and investments | $240.8M | $205.2M | $120.8M | $118.0M | $164.6M |
| Total debt | $1.7B | $1.8B | $1.9B | $2.2B | $2.2B |
Recent SEC filings
| Form | Description | Filed | Period |
|---|---|---|---|
| 10-Q | Quarterly report | Nov 4, 2026 | Sep 30, 2026 |
| 8-K |
Current report
Results of operations
|
Nov 4, 2026 | Nov 4, 2026 |
| 8-K |
Current report
Officer or director change
|
Nov 2, 2026 | Oct 30, 2026 |
| 8-K |
Current report
Bylaw or fiscal year change
|
Oct 19, 2026 | Oct 15, 2026 |
| 8-K |
Current report
Officer or director change
|
Oct 5, 2026 | Oct 1, 2026 |
| 10-Q | Quarterly report | Aug 5, 2026 | Jun 30, 2026 |
All 486 Advantage Solutions Inc. SEC filings
Source: SEC EDGAR filings. This is company-reported data, not investment advice.