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ADVAdvantage Solutions Inc.Nasdaq

Advantage Solutions Reports Q1 2026 Results and Reaffirms Full-Year Guidance

8-KEarningsneutralImpact65

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Advantage Solutions reported mixed Q1 results with revenue and Adjusted EBITDA growth, but a larger net loss, while reiterating its full-year outlook

Earnings Snapshot

Total Revenues
$869.6M
Net Loss
($71.8M)
Adjusted EBITDA
$67.7M
Net Leverage Ratio
4.2xvs. 4.4x at year-end

Advantage Solutions reported its first-quarter 2026 financial results, with revenues increasing 5.8% to $869.6 million and Adjusted EBITDA growing 16.4% to $67.7 million. However, the company's net loss widened to $71.8 million from $56.1 million in the prior year. The company also reaffirmed its full-year 2026 guidance for revenues, Adjusted EBITDA, and cash flow, indicating a cautious outlook despite operational improvements and debt reduction efforts

Score65

Score Rationale

neutral

The company's improved operating performance and balance sheet strengthening are offset by a larger net loss and cautious full-year guidance.

Performance & Outlook

Total Revenues

Up 6% YoY
Q1 2025
$821.8M
Q1 2026
$869.6M
FY 2026 RevenuesFlat to Up Low Single DigitsExcludes divestitures

Net Loss

Loss widened 28% YoY
Q1 2025
($56.1M)
Q1 2026
($71.8M)

Adjusted EBITDA

Up 16% YoY
Q1 2025
$58.2M
Q1 2026
$67.7M
FY 2026 Adjusted EBITDAFlat to Down Mid Single DigitsExcludes divestitures

Key Business Updates

  1. Adjusted Unlevered Free Cash Flow$250M - $275M

    Net FCF conversion ~25% of EBITDA

  2. Experiential Services Growth22.8%

    Experiential Services revenues grew significantly, driven by higher event volumes and improved execution.

  3. Debt Reduction$131M

    The company reduced debt by $131 million and extended maturities to 2030, improving liquidity.

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ADV Market Context

SectorCommunication Services
IndustryAdvertising & Information Services
Market Cap$530.35M
Shares Outstanding13.3M
Public Float4.34M
Public Float %32.7%
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Original Filing Text

SEC filing text preserved from the raw item store.

0001776661false0001776661adv:ClassCommonStock0.0001ParValuePerShareMember2026-05-062026-05-0600017766612026-05-062026-05-06

 

 

UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549

 

FORM 8-K

 

CURRENT REPORT

Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934

Date of Report (Date of earliest event reported): May 6, 2026

 

 

Advantage Solutions Inc.

(Exact name of Registrant as Specified in Its Charter)

 

 

Delaware

001-38990

83-4629508

(State or Other Jurisdiction
of Incorporation)

(Commission File Number)

(IRS Employer
Identification No.)

 

 

 

 

 

7676 Forsyth Boulevard, Fifth Floor

 

St. Louis, Missouri

 

63105

(Address of Principal Executive Offices)

 

(Zip Code)

 

Registrant’s Telephone Number, Including Area Code: (314) 655-9333

 

Not Applicable

 

(Former Name or Former Address, if Changed Since Last Report)

 

Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions (see General Instruction A.2. below):

Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)

Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)

Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))

Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))

Securities registered pursuant to Section 12(b) of the Act:


Title of each class

 

Trading
Symbol(s)

 


Name of each exchange on which registered

Class A common stock, $0.0001 par value per share

 

ADV

 

NASDAQ Global Select Market

Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§ 230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§ 240.12b-2 of this chapter).

Emerging growth company

If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. ☐

 

Item 2.02 – Results of Operations and Financial Condition.

On May 6, 2026, Advantage Solutions Inc. (the “Company”) issued a press release announcing its financial results for the three months ended March 31, 2026. A copy of the press release is attached as Exhibit 99.1 to this Current Report on Form 8-K and is incorporated by reference herein.


On May 6, 2026, at 8:30 a.m. ET, the Company will host a conference call announcing its financial results for the three months ended March 31, 2026. A copy of management’s earnings presentation materials is attached as Exhibit 99.2 to this Current Report on Form 8-K and is incorporated by reference herein. The presentation will be accessible on the Investor Relations section of the Company’s website at https://ir.youradv.com/.

The Company makes reference to non-GAAP financial information in the press release and earnings presentation materials. The Company’s non-GAAP financial measures should be viewed in addition to and not as a substitute for or superior to the Company’s reported results prepared in accordance with GAAP. Reconciliation of these non-GAAP financial measures to the nearest comparable GAAP financial measures are contained in the data tables at the end of the press release and earnings presentation materials.The information in this Item 2.02, including Exhibits 99.1 and 99.2 furnished under Item 9.01, shall not be deemed to be “filed” for purposes of Section 18 of the Securities Exchange Act of 1934 (the “Exchange Act”) or otherwise subject to the liabilities of that section. Furthermore, the information in this Item 2.02, including Exhibit 99.1 and 99.2 furnished under Item 9.01, shall not be deemed incorporated by reference into the filings of the Company under the Securities Act of 1933 or the Exchange Act.

Item 9.01 Financial Statements and Exhibits.

(d) Exhibits

 

Exhibit No.

 

Description

 

99.1

 

Press Release issued by Advantage Solutions Inc., dated May 6, 2026 regarding results for the three months ended March 31, 2026.

 

99.2

 

Management’s Earnings Presentation for Advantage Solutions Inc., dated May 6, 2026.

 

104

 

Cover Page Interactive Data File (embedded within the Inline XBRL document).

 


SIGNATURES

Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned thereunto duly authorized.

Date:

May 6, 2026

 

ADVANTAGE SOLUTIONS INC.

 

 

 

 

 

 

By:

/s/ Christopher Growe

 

 

 

Christopher Growe
Chief Financial Officer