Welcome to our dedicated page for Advantage Solutions SEC filings (Ticker: ADV), a comprehensive resource for investors and traders seeking official regulatory documents including 10-K annual reports, 10-Q quarterly earnings, 8-K material events, and insider trading forms.
The SEC filings page for Advantage Solutions Inc. (NASDAQ: ADV) brings together the company’s regulatory disclosures, including current reports, annual reports, and other documents filed with the U.S. Securities and Exchange Commission. These filings provide detailed information on Advantage Solutions’ operations as an omnichannel retail solutions agency serving consumer-packaged goods brands and retailers.
Among the key documents available are Form 10-K annual reports, which include audited financial statements, segment discussions, and risk factors related to the company’s activities in areas such as Branded Services, Experiential Services, and Retailer Services. Form 10-Q quarterly reports, when filed, give interim updates on revenue, profitability measures, and cash flow, as well as management’s discussion of recent performance.
Form 8-K current reports are particularly relevant for tracking Advantage Solutions’ material events. Recent 8-K filings have covered quarterly financial results, non-GAAP financial measures used by the company, and executive transitions, including appointments and transition agreements for senior leaders. These documents often reference earnings press releases and presentation materials that elaborate on the company’s financial condition and transformation initiatives.
Investors may also review proxy and compensation-related filings to understand executive arrangements, equity awards, and governance matters, as well as any insider-related information that appears in the company’s disclosures. Together, these filings offer a structured view of how Advantage Solutions reports on its business model, risk profile, and financial performance in the CPG and retail services space.
On Stock Titan, SEC filings for ADV are paired with AI-powered summaries that explain the main points of lengthy documents in accessible language. Real-time updates from the EDGAR system help surface new 10-K, 10-Q, and 8-K filings as they are made available, while AI highlights important items such as segment commentary, non-GAAP metrics, and notable changes in executive arrangements, helping readers navigate the technical details more efficiently.
Advantage Solutions Inc. Chief Executive Officer David A. Peacock reported an open-market purchase of 200,000 shares of Class A common stock. The weighted-average price was $0.6439 per share, with individual trades between $0.62 and $0.65, bringing his direct holdings to 3,701,366 shares.
Advantage Solutions Inc. provides outsourced sales, marketing, merchandising, sampling and retailer support services to CPG manufacturers and retailers, serving more than 4,000 clients in over 100,000 retail locations. It operates through Branded Services, Experiential Services and Retailer Services with commissions, fee-for-service and cost-plus revenue models.
The company employed about 73,000 teammates as of
Advantage reports substantial non‑cash charges, including goodwill impairments of
Advantage Solutions Inc. reported mixed fourth-quarter and full-year 2025 results, combining modest revenue movement with improved losses and strong cash generation. Q4 revenues were $932.1 million, up 4.5% year over year, while full-year revenues were $3,542.6 million, down 0.7% from 2024. The company posted a Q4 net loss of $161.7 million and a full-year net loss of $227.7 million, both narrower than the prior year, largely despite significant goodwill and intangible impairments.
Adjusted EBITDA was $87.7 million for Q4, down 7.3%, and $331.8 million for 2025, down 6.8%, with margins of 9.4%. Experiential Services delivered strong growth in revenue and Adjusted EBITDA, offset by declines in Branded and Retailer Services. Cash increased to $240.9 million at year-end, supported by $223.3 million of 2025 Adjusted Unlevered Free Cash Flow, equal to 67.3% of Adjusted EBITDA, and divestiture proceeds.
Net debt was $1.45 billion, resulting in a 4.4x Net Debt to last-twelve-month Adjusted EBITDA ratio. Management highlighted non-core divestitures generating roughly $55 million of proceeds, ongoing debt refinancing to extend maturities toward 2030, and an upcoming reverse stock split. For 2026, the company guides revenues to be flat to up low single digits and Adjusted EBITDA to be flat to down mid-single digits, with Adjusted Unlevered Free Cash Flow expected between $250 million and $275 million and net free cash flow conversion of about 25% of EBITDA.
Advantage Solutions Inc. reports that its subsidiary Advantage Sales & Marketing Inc. has received overwhelming support for its debt exchange offer. Holders of $589,883,000 aggregate principal amount of 6.50% Senior Secured Notes due 2028, representing more than 99% of notes outstanding, have tendered their notes and delivered consents.
The exchange will swap the Existing Notes for a mix of newly issued 9.000% Senior Secured Notes due 2030 and cash, and enables extensive amendments to the existing indenture. These changes include removing most covenants and events of default, terminating subsidiary guarantees, and releasing all collateral securing the Existing Notes, once the exchange settles.
The settlement of the exchange and related consent solicitation is expected on March 11, 2026, subject to conditions in the offering memorandum. In parallel, lenders representing more than 99% of the company’s existing term loans have agreed to participate in related term loan amendment and refinancing transactions.
Advantage Solutions Inc. director Yao Xiaofeng filed an initial ownership report on Form 3. This filing establishes their status as a director and discloses that there are no insider share purchases, sales, acquisitions, or dispositions reported in this filing.
Advantage Solutions Inc. director Thomas Brian Turner filed an initial statement of beneficial ownership on Form 3. This filing establishes his status as a director and records his equity position with the company, but it does not report any stock purchases, sales, or other transactions.
Advantage Solutions Inc. reported changes to its board of directors. Cameron Breitner and Adam Nebesar resigned from the board effective February 20, 2026. To fill these vacancies, the board appointed Thomas Turner as a Class I director and Xiaofeng “Frank” Yao as a Class II director, with terms running until the 2027 and 2028 annual stockholder meetings, respectively, unless they leave earlier.
Turner is a Senior Managing Director at CVC Advisors (U.S.) Inc., and Yao is President and Chief Commercial Officer of VXI Global Solutions, LLC and formerly a Managing Director at Bain Capital Private Equity. Both were designated under an existing stockholders agreement by affiliates CVC ASM Holdco, L.P. and BC Eagle Holdings, L.P. They will not receive the company’s standard non‑employee director compensation and have no disclosed related‑party transactions or family relationships with current directors or executives.
Advantage Solutions Inc. is asking stockholders at a March 16, 2026 virtual special meeting to approve a reverse stock split of its Class A common stock at a ratio between 1‑for‑10 and 1‑for‑25, with the exact ratio and timing set later by the Board.
The company has received a Nasdaq notice for failing to meet the $1.00 minimum bid price and views the reverse split as a way to help regain compliance, support future capital raising, and potentially broaden investor interest. The split would proportionally reduce outstanding shares and equity awards, while adjusting authorized common and preferred shares so there are relatively more authorized but unissued shares available for future use.
Stockholders are also being asked to approve a possible adjournment of the meeting to allow more time to solicit votes if support for the reverse split is initially insufficient. Holders of 327,507,690 shares of common stock as of February 6, 2026 may vote, one vote per share, via Internet, phone, mail, or during the virtual meeting.
Advantage Solutions Inc. entered a Transaction Support Agreement with holders of approximately 59.2% of its 6.50% Senior Secured Notes due 2028 and 54.3% of its existing term loans to pursue transactions that extend the maturities of its debt. These include exchanging Existing Notes for new 9.000% Senior Secured Notes due 2030 plus cash, and offering new term loans in exchange for existing term loans, with targeted completion by March 26, 2026. The company also launched a related exchange offer and consent solicitation and is working on an ABL facility extension. Preliminary 2025 results show estimated revenue of $3.5–$3.55 billion (about 1% lower than 2024), an operating loss from continuing operations of $120–$130 million (a 58% improvement versus 2024) and Adjusted EBITDA from Continuing Operations of $328–$333 million (about 7% below 2024).
Advantage Solutions Inc. reported an insider tax-withholding transaction by its Chief Executive Officer, David A. Peacock. On 02/04/2026, the company withheld 57,167 shares of Class A common stock at $1.14 per share to cover taxes due on vesting restricted stock units. After this withholding, Peacock beneficially owned 3,501,366 shares of Class A common stock directly. This event reflects routine equity compensation and related tax settlement rather than an open-market sale.