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Advantage Solutions (ADV)

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Earnings summaries and quarterly performance for Advantage Solutions.

Recent press releases and 8-K filings for ADV.

ADV Announces Q3 2025 Results with Strong Cash Generation and Updated 2025 EBITDA Outlook
ADV
Earnings
Guidance Update
Demand Weakening
  • ADV reported Q3 2025 revenues of $781 million (net of reimbursable expenses), a 2.6% year-over-year decrease, and Adjusted EBITDA of $99.6 million, a 1.4% year-over-year decrease.
  • The company generated $98.1 million in Adjusted Unlevered Free Cash Flow in Q3 2025, representing approximately 100% of EBITDA, and ended the quarter with $201 million in cash and cash equivalents.
  • Experiential Services revenues grew 8.2% year-over-year to $377.7 million, with Adjusted EBITDA increasing 51.6% year-over-year to $35.3 million, partially offsetting declines in other segments.
  • ADV reiterated its 2025 revenue guidance of flat to down low-single digits but updated its Adjusted EBITDA outlook to be down mid-single digits (from prior guidance of down low-single digits to flat). The company continues to expect Adjusted Unlevered Free Cash Flow conversion above 50% for the year.
Nov 6, 2025, 1:30 PM
Advantage Solutions Reports Q3 2025 Results with Revenue Decline and Strong Cash Flow
ADV
Earnings
Guidance Update
Demand Weakening
  • Advantage Solutions reported Q3 2025 revenues of $781 million, a 2.6% decline year-over-year, and adjusted EBITDA of $99.6 million, down 1.4%.
  • The company demonstrated strong cash generation, with adjusted unlevered free cash flow reaching $98 million (nearly 100% of EBITDA) and ending the quarter with over $200 million in cash.
  • Experiential Services revenues grew 8% with adjusted EBITDA up 52% year-over-year, offsetting softer trends in Branded Services (revenues down 9%) and Retailer Services (revenues down 6%).
  • Full-year EBITDA guidance was adjusted due to the divestiture of its stake in Action Food Service and the challenging macro environment, though revenue guidance remained unchanged.
Nov 6, 2025, 1:30 PM
Advantage Solutions Reports Third Quarter 2025 Results
ADV
Earnings
Guidance Update
Demand Weakening
  • Advantage Solutions reported Q3 2025 revenues of $915 million, a 2.6% decline year-over-year, with net income of $21 million compared to a net loss of $37 million in the prior year quarter.
  • Adjusted EBITDA for Q3 2025 was $100 million, a 1.4% decrease year-over-year, though the Adjusted EBITDA margin expanded by 20 basis points to 10.9%.
  • The company generated $98 million in adjusted unlevered free cash flow and ended the quarter with a cash position of $201 million, reducing its net leverage ratio to 4.4x.
  • Experiential Services showed strong growth, with revenues increasing 10.2% and Adjusted EBITDA up 51.6% in Q3 2025, partially offsetting softness in Branded Services and impacts on Retailer Services.
  • Management reaffirmed its revenue guidance but modestly lowered its Adjusted EBITDA outlook due to the impact of a divestiture and the challenging macro environment.
Nov 6, 2025, 12:05 PM
Advantage Solutions Discusses Q2 Performance, Transformation, and Debt Reduction
ADV
Guidance Update
New Projects/Investments
  • Advantage Solutions reiterated its full-year guidance following sequential improvement in Q2 performance, driven by better execution in its large labor business.
  • The company is undergoing a transformation focused on operational efficiency, leveraging AI for labor management and data analytics, which is expected to lead to lower CapEx and reduced transformation expenses in 2025 and 2026.
  • Debt repayment remains the top priority for cash use, with $400 million in debt reduction since 2019, and a goal to lower net debt leverage from 4.5x to under 3.5x.
  • The company projects a net free cash flow yield of approximately 30% in H2 2025 and 25% or more in 2026 and beyond.
Aug 12, 2025, 5:05 PM
Advantage Solutions Reports Second Quarter 2025 Results
ADV
Earnings
Guidance Update
  • Advantage Solutions reported Q2 2025 revenues of $874 million, in line with the prior year, and a net loss of $30 million, a significant improvement from a net loss of $113 million in Q2 2024.
  • Adjusted EBITDA for Q2 2025 declined 4% to $86 million compared to $90 million in Q2 2024. For the six months ended June 30, 2025, Adjusted EBITDA was $145 million, down 9.9% from $161 million in the prior year period.
  • The company largely resolved a staffing shortfall from the first quarter, leading to improved sequential performance in Q2, and expects improved financial performance and cash generation in the second half of 2025.
  • Advantage Solutions is reaffirming its fiscal year 2025 outlook, projecting revenues and Adjusted EBITDA to be down low single digits to flat. The company also maintains a strong balance sheet with $103 million in cash.
Aug 7, 2025, 11:00 AM
Advantage Solutions Q1 2025 Financial Results Released
ADV
Earnings
Guidance Update
Share Buyback
  • Revenues declined to approximately $822 million with a net loss of about $56 million in Q1 2025, and adjusted EBITDA decreased 18% to $58 million compared to Q1 2024.
  • Management attributed the performance to intentional client exits and increased transformation spending amid market uncertainty, prompting revised guidance for revenue and EBITDA outlook.
  • The company is actively managing capital with $20M in debt repurchases and $1M in share buybacks, while maintaining a strong liquidity profile with gross debt around $1,698M and cash of roughly $121M.
May 12, 2025, 12:00 AM