Every 10-Q that Advantage Solutions Inc. (ADV) has filed with the SEC in the last 24 months is listed below, newest first, and each one links through to the document itself with the summary and the scores our analysis gives it.
A 10-Q covers the quarterly report filed between annual reports, so if you follow ADV and want that one kind of document rather than the whole filing history, this is the page to keep. The company's other filings, of every form, are on the full ADV filings page.
Advantage Solutions Inc. reported Q2 2026 revenues of $889,450 thousand, up 1.8% year over year, while net loss widened to $62,707 thousand, or $4.85 per share. For the first six months, revenues were $1,759,051 thousand and net loss was $134,538 thousand, reflecting higher interest and income tax expense, including a larger valuation allowance on interest‑expense carryforwards.
Segment performance was mixed: Experiential Services grew to $416,311 thousand of Q2 revenue with stronger operating income, Retailer Services delivered modest growth, and Branded Services declined amid lower volumes, client losses and reduced scopes of work. Operating income fell to $1,692 thousand, and Adjusted EBITDA decreased to $75.8 million.
The company completed a significant refinancing, exchanging approximately $561,444 thousand of 6.5% 2028 notes for new 9.0% 2030 notes and cash, and establishing a $1,035,000 thousand term loan and a $500,000 thousand asset‑based revolver. As of June 30, 2026, long‑term debt totaled $1,585,101 thousand versus stockholders’ equity of $401,819 thousand, cash and cash equivalents were $102,306 thousand, and operating activities provided $17,212 thousand year‑to‑date.
Advantage Solutions Inc. reported first-quarter 2026 revenue of $869.6 million, up 5.8% year over year, driven mainly by strong Experiential and Retailer Services growth. The company generated operating income of $4.2 million versus a loss a year ago, but net loss widened to $71.8 million largely due to higher income tax expense and $20.4 million of third‑party debt issuance costs tied to a major refinancing.
Adjusted EBITDA rose to $67.7 million from $58.2 million, with Experiential Services Adjusted EBITDA more than doubling. During the quarter, the company completed a significant refinancing, exchanging about $561.4 million of 6.5% senior secured notes into new 9.0% notes due 2030 plus cash, and establishing a new $1.035 billion term loan facility, while repaying $131.3 million of principal. Cash and cash equivalents decreased to $143.9 million, and total long‑term debt stood at $1.59 billion. Advantage also monetized part of its European joint venture for total consideration of about $28 million and recorded a small gain, and incurred $2.2 million of restructuring costs as it transitions certain back‑office functions and restructures Branded Services.
Advantage Solutions (ADV) filed its Q3 report showing steadier operations with a smaller top line. Revenue was $915.0 million, down slightly from $939.3 million a year ago. Operating income improved to $40.2 million from a prior-year loss as selling, general and administrative costs fell and interest expense eased. Net income reached $20.6 million, or $0.06 per diluted share, aided in part by a discrete tax benefit tied to newly enacted legislation.
By segment, Experiential Services grew to $377.7 million, while Branded Services and Retailer Services declined to $288.8 million and $248.5 million, respectively. Year to date, revenue was $2.61 billion and the company posted a continuing-operations net loss of $66.0 million, reflecting earlier-period headwinds.
Cash and cash equivalents were $201.1 million. Long-term debt (net of current portion) was $1.66 billion, and the company reported compliance with debt covenants. ADV received $22.5 million from a prior business sale and recorded an $8.5 million gain on divestiture. After quarter-end, all public and private warrants expired with no intrinsic value, extinguishing the related liability. Shares outstanding were 326.3 million as of November 4, 2025.