Earnings summaries and quarterly performance for Advantage Solutions.
Executive leadership at Advantage Solutions.
David Peacock
Chief Executive Officer
Christopher Growe
Chief Financial Officer
Dean General
Chief Industry Development Officer
Jeffrey Harsh
Chief Operating Officer, Branded Services
Michael Taylor
Chief Operating Officer, Retailer and Experiential Services
Board of directors at Advantage Solutions.
Adam Levyn
Director
Adam Nebesar
Director
Brian Ratzan
Director
Cameron Breitner
Director
Christopher Baldwin
Director
David West
Director
Deborah Poole
Director
James Kilts
Chairman of the Board
Jody Macedonio
Director
Robin Manherz
Director
Tiffany Han
Director
Timothy Flynn
Director
Virginie Costa
Director
Research analysts who have asked questions during Advantage Solutions earnings calls.
Faiza Alwy
Deutsche Bank
3 questions for ADV
Gregory Parrish
Morgan Stanley
3 questions for ADV
Joseph Vafi
Canaccord Genuity - Global Capital Markets
2 questions for ADV
Pallav Saini
Canaccord Genuity
1 question for ADV
William Reuter
Bank of America
1 question for ADV
Will Johnston
Canaccord Genuity
1 question for ADV
Recent press releases and 8-K filings for ADV.
- 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.
- 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.
- 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.
- 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.
- 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.
- 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.
Quarterly earnings call transcripts for Advantage Solutions.
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