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Nasdaq · Industrials

Advantage Solutions Inc. (ADV)

As-reported financials and SEC filings for Advantage Solutions Inc. The latest annual period is FY2025. The latest reported quarter is Q2 FY2026. Financial statements come straight from the company’s EDGAR filings; valuation figures such as P/E and market cap use market data.

About Advantage Solutions Inc.

Advantage Solutions Inc. provides outsourced sales, marketing, merchandising, sampling, and retailer support services primarily to consumer packaged goods manufacturers and retailers in North America. The company operates through three segments: Branded Services, Experiential Services, and Retailer Services, offering solutions such as sales representation, in-store merchandising, shopper marketing, sampling programs, and private brand development. It serves over 4,000 clients across various retail channels including grocery, mass, club, retail pharmacy, and convenience stores.

Snapshot

Revenue
$3.54B
Revenue growth (YoY)
-0.7%
Net income
$-227.7M
Diluted EPS
Gross margin
Operating margin
-3.6%
Net margin
-6.4%
FCF margin
1.6%
ROE
-41.1%
net income / fiscal-year-end equity
P/E
trailing when available, otherwise FY EPS
Market cap
$433.8M
Long-term debt / equity
3.00×
non-current term debt only

Fundamentals are from SEC filings for FY2025, the latest annual period (ended December 31, 2025). P/E and market cap are derived from stored market prices, last retrieved on a rolling basis and typically within the past week.

What changed at Advantage Solutions

  • Revenue fell 0.7% to $3.5B in FY2025, after a 8.6% decline the year before.
  • Operating margin is now a 3.6% loss in FY2025, from 6.4% in FY2021.
  • Most recent quarter Q2 FY2026: revenue $889M, up 1.8% from Q2 FY2025.
  • Free cash flow was $55M in FY2025, 1.6% of revenue.
  • Net loss narrowed to $228M in FY2025, from $327M in FY2024.

Computed from the as-reported figures in the statements below. A change we cannot state from filed figures is left out rather than estimated.

Peer comparison

Where Advantage Solutions’s fundamentals sit among the 684 Industrials companies. Each figure is ranked only against peers that report it, from lowest (left) to highest (right).

Operating margin-3.6%
21st percentile of 605
Net margin-6.4%
18th percentile of 645
FCF margin1.6%
36th percentile of 562
Revenue growth (YoY)-0.7%
33rd percentile of 668
ROE-41.1%
11th percentile of 600
Long-term debt / equity3.00×
95th percentile of 409
Short interest3.94d
61st percentile of 676

Advantage Solutions’s long-term debt to equity of 3.00 ranks in the 95th percentile of the 409 Industrials companies reporting it. Advantage Solutions’s return on equity of -41.1% ranks in the 11th percentile of the 600 Industrials companies reporting it.

No reported insider transactions (codes P/S) in the last 90 days. For context, about 15% of companies in the universe saw any reported insider purchase (code P) in the same window. Browse insider activity →

Percentiles describe where a figure sits among sector peers reporting it (100th = highest). They are position within a peer group, not a rating, and not investment advice. Short interest ranking uses days to cover from FINRA Consolidated Short Interest data; FINRA is the owner and source of that data, included at no additional charge.

Institutional ownership

Held by 4 quant / multi-strat books among the superinvestors we track; no conviction manager currently reports a position.

Conviction investors
0
+4 quant / multi-strat
Initiated / added
4
2 new, 2 added
Reduced / exited
0
0 trimmed, 0 exited
Combined position
$5.2M
reported long value
InvestorAs ofPosition valueSharesChange
AQR Capital ManagementquantQ2 2026$2.0M46.3KAdded
Renaissance TechnologiesquantQ2 2026$1.8M40.5KAdded
Millennium ManagementquantQ2 2026$833,06219.3KNew
Two Sigma InvestmentsquantQ2 2026$648,73015.0KNew

From quarterly Form 13F filings, which can be up to 45 days delayed. Long US-listed positions only: excludes short positions, options, cash, bonds, and non-US holdings, so this is not a manager’s complete portfolio. Counts are of the investors we track, not all institutions. Not investment advice.

Recent insider activity

Non-derivative buys and sells (codes P/S) reported by officers, directors and 10% owners on SEC Form 4.

Buys (90d)
0
code P
Bought (90d)
code P value
Sells (90d)
0
Reported activity
Quiet
by $ value, 90d
Trade dateInsiderTypeSharesPriceValue
2026-05-19
filed 2026-05-20
PEACOCK DAVID AChief Executive OfficerBuy800$34.60$28K
2026-05-18
filed 2026-05-20
PEACOCK DAVID AChief Executive OfficerBuy800$34.60$28K

Reported non-derivative purchases and sales (codes P/S) — which may be open-market or private; excludes option exercises, grants, and shares withheld for taxes. Dates shown are the trade date; a Form 4 can be filed days to years later. A sale can be routine (e.g. a pre-set 10b5-1 plan), so read individual transactions in context. From SEC Form 4. Not investment advice.

Short interest

Total shares sold short as of each twice-monthly FINRA settlement. Rising short interest means more investors are positioned against the stock; days to cover estimates how many trading days of average volume that position represents.

Shares short
550.4K
settled 2026-08-14
Change vs prior
+7.3%
vs previous settlement
Days to cover
3.94
at avg daily volume
Avg daily volume
139.7K
FINRA reported
SettlementShares shortChangeDays to cover
2026-08-14550.4K+7.3%3.94
2026-07-31513.2K-5.1%4.93
2026-07-15540.8K+3.9%2.89
2026-06-30520.5K+5.2%2.38
2026-06-15494.9K+5.4%5.14
2026-05-29469.4K-0.1%3.78
2026-05-15470.0K-6.1%6.01
2026-04-30500.6K+2.2%6.35

Source: FINRA Consolidated Short Interest. FINRA is the owner and source of the FINRA-supplied data, which is included at no additional charge for your own personal or professional use; republishing or redistributing it is not permitted. Settlement dates are shown; FINRA publishes each settlement about nine business days later, so the latest figure can be two to four weeks old. Not presented as a percentage of float. No FINRA endorsement of this product is implied. Not investment advice.

Income statement (as reported)

 FY2025FY2024FY2023FY2022FY2021
Revenue$3.54B$3.57B$3.90B$3.65B$3.60B
Gross profit
Operating income$-126.5M$-295.0M$46.6M$-1.49B$230.0M
Net income$-227.7M$-327.0M$-63.3M$-1.38B$54.5M
Diluted EPS$-0.20$-4.33$0.17

Figures as reported to the SEC. Underlined values link to the filing they came from; dotted values are calculated by us from reported figures; “adj” means restated for a stock split (hover to see the figure as filed). Full details: where the numbers come from.

Balance sheet (as reported)

Figures as reported to the SEC. Underlined values link to the filing they came from; dotted values are calculated by us from reported figures; “adj” means restated for a stock split (hover to see the figure as filed). Full details: where the numbers come from.

Cash flow (as reported)

 FY2025FY2024FY2023FY2022FY2021
Operating cash flow$61.5M$93.1M$228.5M$104.7M$126.0M
Capital expenditure$6.5M$7.8M$20.7M$12.4M$31.2M
Free cash flow$55.1M$85.3M$207.8M$92.4M$94.8M

Figures as reported to the SEC. Underlined values link to the filing they came from; dotted values are calculated by us from reported figures; “adj” means restated for a stock split (hover to see the figure as filed). Full details: where the numbers come from.

Quarterly trend (as reported)

QuarterRevenueRevenue YoYNet incomeDiluted EPS
Q2 FY2026$889.5M1.8%$-62.7M$-4.85
Q1 FY2026$869.6M5.8%$-71.8M$-5.49
Q4 FY2025$932.1M4.5%$-161.7M
Q3 FY2025$915.0M-2.6%$20.6M
Q2 FY2025$873.7M0.0%$-30.4M$-2.35
Q1 FY2025$821.8M-4.6%$-56.1M$-4.36
Q4 FY2024$892.3M-10.0%$-178.0M
Q3 FY2024$939.3M-7.9%$-42.8M

Latest 8 reported quarters, from company XBRL filings on SEC EDGAR.

Company facts

ExchangeNasdaq
SectorIndustrials
SIC industryServices-Business Services, NEC
Latest annual periodFY2025 (ended December 31, 2025)
Latest reported quarterQ2 FY2026 (ended June 30, 2026)
Oldest indexed filing2019
SEC CIK1776661

Selected SEC filings

10-Q2026-08-05
View on EDGAR →
10-Q2026-05-06
View on EDGAR →
8-K2026-08-05
View on EDGAR →
8-K2026-05-28
View on EDGAR →
8-K2026-05-06
View on EDGAR →
8-K2026-03-31
View on EDGAR →

Largest Industrials peers

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Data sourced from SEC EDGAR. Figures are as-reported and may be unaudited or restated; verify against the source filing before relying on them. Informational only. Not investment advice.