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ADV · Advantage Solutions Inc.

Track ADV — free
$30.51 -0.91 (-2.90%) At close · Nov 13
Market Cap
$389.59M
Shares
12.77M
Volume · Nov 13 64.17K Avg daily vol (3M) 67.87K

Price & Indicators

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20d MA 50d MA 200d MA Earnings Filing Insider Congress Investor day
Close$30.51 Open$31.42 Day$29.75–31.81 52W close$12.55–46.82 Avg vol 30d70K Short int609K · 4.8% of shares · 12.0d Short vol37% Last earningsNov 4, 2026 DataJan 2020–Nov 2026 Filing10-Q · Nov 4

Up next

Mar 2, 2027 Est · unconfirmed · in 15 wks

Latest documents

2026
Nov 4
Quarterly report 10-Q FY2026 Q3, ended Sep 30
Quarterly net loss amid realignment and HCM pause

Advantage Solutions reported third-quarter 2026 revenues of $913.7 million and a net loss of $25.1 million. It announced a strategic realignment, paused HCM development and estimates $7.0 million to $10.0 million of costs before completion in early 2027.

Revenue $913.74M ▼ 0.1% Net loss $25.1M Diluted EPS -$1.96
Read from the MD&A section
4 source passages
For the third quarter of 2026, we reported revenues of $913.7 million and a net loss of $25.1 million, compared to revenues of $915.0 million and net income of $20.6 million in the same period of the prior year. During the third quarter of 2026, we paused our technology development related to a new human capital management (“HCM”) system and recorded an impairment of previously capitalized software development costs. Subsequent to September 30, 2026, we announced a strategic realignment initiative intended to align our cost structure with current revenue levels. We estimate that we will incur additional costs of approximately $7.0 million to $10.0 million prior to completion in early 2027, primarily related to employee severance, lease termination and other workforce transition activities, including technology and professional services. Open the document at this passage
Nov 4
Earnings call
Restructuring targets approximately $25 million in annualized savings

Advantage Solutions reported third-quarter pro forma net revenues of $782 million, up 1%, and adjusted EBITDA of $85 million, down 12%, while launching a restructuring expected to yield approximately $25 million of annualized savings net of investment.

3 source passages
Welcome to the Advantage Solutions third quarter 2026 earnings call. On a pro forma basis, excluding divestitures, third quarter net revenues of $782 million increased 1% year over year, representing our fourth consecutive quarter of growth. Adjusted EBITDA was $85 million, down 12%, reflecting continued planned investment in the business and ongoing headwinds in branded services. The resulting structure is being set in motion in the fourth quarter, will continue into 2027, and is estimated to yield approximately $25 million of annualized savings net of investment, with plans for over $5 million in additional net savings over time. Open the document at this passage
Nov 2
Current report 8-K Events of Oct 30
Director or officer change, or executive pay

Advantage Solutions Inc. amended David Peacock's employment agreement on October 30, 2026, adding change-in-control severance of two times his target bonus and 100% accelerated vesting of time-based equity awards, subject to a 24-month condition for pre-effective-date awards.

Read from the first part of this long document
Oct 19
Current report 8-K Events of Oct 15
Charter or bylaw amendment, or fiscal year change

Advantage Solutions Inc.'s Board approved the Fourth Amended and Restated Bylaws on October 15, 2026, enhancing stockholder nomination and proposal procedures and incorporating universal proxy rules under Rule 14a-19, plus technical changes.

Read from the first part of this long document
All documents

Metrics snapshot

Useful current figures from the complete screener profile.

Revenue (TTM)
$3.60B
Trailing 12 months
Net income (TTM)
−$321.37M
Trailing 12 months
Revenue growth YoY
-0.1%
Year over year
Operating margin
-4.1%
Trailing 12 months
P / E (TTM)
—
Trailing earnings
FCF yield
—
TTM · current market cap
Return on invested capital
—
Trailing 12 months
Net cash
−$1.40B
Latest balance sheet
Dividend yield
—
Trailing 12 months
Shares change YoY
-5.7%
Year over year · fewer shares
Price change (1Y)
—
Trailing year
Short interest
4.8%
Latest settlement · 12.0 days to cover
View all 125 metrics

AI Brief

Q3 FY26 earnings call · Nov 4, 2026
Q3 FY26

TL;DR. Advantage delivered a fourth consecutive quarter of revenue growth excluding divestitures, with strength in Experiential and Retailer Services, but pro forma consolidated Adjusted EBITDA fell 12% excluding divestitures and the company reported a $25.1 million net loss. Branded Services remained under pressure, full-year Adjusted EBITDA guidance remains flat to down mid-single digits, restructuring targets approximately $25 million in near-term annualized net savings with at least $5 million of additional savings planned, and 2026 capital-expenditure expectations were reduced.

Bullish
  • + Net revenues excluding divestitures grew for a fourth consecutive quarter, led by Experiential Services and Retailer Services.
  • + Experiential Services delivered a strong quarter supported by healthy demand, higher event volumes and strong execution.
  • + Retailer Services Adjusted EBITDA returned to growth, including double-digit growth excluding tariff refunds.
  • + The restructuring plan targets approximately $25 million of near-term annualized net savings, with at least $5 million of additional savings planned over time.
  • + Pausing the Workday implementation reduced 2026 capital-expenditure expectations to $40 million–$45 million from $45 million–$55 million.
  • + Third-quarter Adjusted Unlevered Free Cash Flow was $99 million, representing 116% conversion of Adjusted EBITDA.
Bearish
  • − Adjusted EBITDA declined 12% on a pro forma basis excluding divestitures to $85 million.
  • − Branded Services remained under pressure, with net revenues down 11% and Adjusted EBITDA down 55% excluding divestitures.
  • − The Workday pause resulted in an $8.1 million non-cash impairment charge.
  • − Third-quarter net loss was $25.1 million, compared with net income of $20.6 million in the prior-year quarter.
  • − Full-year Adjusted EBITDA guidance remains flat to down mid-single digits.

AI-generated from the earnings call and 8-K · may contain errors · not investment advice

Equibles Rating

blended score · not investment advice
Overall
Sell
SellHoldBuy
Technical Neutral Momentum Neutral Sentiment Neutral Fundamentals Strong Quant / Vol Very High
Market backdrop VIX 19.3 · elevated Equity put/call 0.63
Technical
price trend
Neutral
50 / 200-day cross No cross
Price vs 200-day avg −1%
below
Price vs 50-day avg −1%
below
RSI (14) 49
neutral
MACD trend Positive
52-week position 52%
mid-range
Volume (OBV) Bearish div.
distributing
Momentum
relative strength
Neutral
1-month return +5%
trailing
6-month return −29%
trailing
YTD return +39%
this year
Relative strength −29%
vs S&P · 6-mo
Sentiment
smart money
Neutral
Trend (MA cross) No cross
50d $31 › 200d $31 — 50d above 200d
Institutional flow Accumulating
70 of 86 funds reported for Sep 30 · net +31.7K sh shares · +10 new
Insider flow Flat
No net insider activity over 90 days
Short interest Rising
4.77% of shares out · ▲ +7.9% MoM · 12.0 days cover
Volume signal Normal
Volume near normal
Institution breadth Steady
86 holders — mid 3-yr range
Squeeze score 68
elevated · 0–100
Fundamentals
Strong
Revenue growth −1%
Y/Y
EPS growth +95%
Y/Y
Free cash flow $55.1M
Buyback $46.2M
remaining
Balance sheet $1.4B
net debt
Quant / Vol
risk profile
Very High
Volatility 102%
annualized · 1-yr
Max drawdown −58%
past year
ATR 9.6%
of price · 14-day

Blended from price, momentum, positioning, fundamentals & volatility · daily-close · not investment advice. Market backdrop is context, not part of the score.

Guidance & track record

Latest guidance · from the 8-K filed Aug 5, 2026
Net Free Cash Flow conversion · Full Year 2026 Maintained 25%
Mar 3, 2026 25% changed to Aug 5, 2026 25%
Previous outlook earlier release · from the 8-K filed May 6, 2026

Still-open targets the latest release did not restate under the same label.

Net Free Cash Flow Conversion (% of EBITDA) · Full Year 2026 25%

Guidance from company 8-Ks · delivered figures from as-reported statements · no analyst estimates involved.

Technicals

trend & momentum for long-term holders Neutral
1 · 5 · 1
50 / 200-day cross
No cross Neutral
Price vs 200-day avg
−1% Neutral
Price vs 50-day avg
−1% Neutral
RSI (14)
49 Neutral
MACD trend
Positive Bullish
52-week position
52% Neutral
Volume (OBV)
Bearish div. Bearish
Market signals — smart money & positioning
Mixed
Trend (MA cross) No cross
50d $31 › 200d $31 — 50d above 200d
Institutional flow Accumulating
70 of 86 funds reported for Sep 30 · net +31.7K sh shares · +10 new
Insider flow Flat
No net insider activity over 90 days
Short interest Rising
4.77% of shares out · ▲ +7.9% MoM · 12.0 days cover
Volume signal Normal
Volume near normal
Institution breadth Steady
86 holders — mid 3-yr range
Price context
position in its 52-week range
Range low $13 Now $31 · 52% Range high $47
vs 200-day avg -1% vs 50-day avg -1%

Illustrative technical + ownership context — a signal mix, not investment advice.

Key metrics

the company's own KPIs, from written earnings releases and filings
Metric Latest Period YoY
Adjusted EBITDA non-GAAP $75.84M Three Months Ended June 30, 2026 filing —
GAAP → non-GAAP reconciliation
GAAP Net loss -62.71M
+39.96M Interest expense, net
+21.83M Income tax expense
+51.27M Depreciation and amortization
+7.18M Stock-based compensation expense
+0K Debt financing costs (a)
+4.1M Restructuring expenses (b)
+5.49M Reorganization and transformation-related expenses (c)
+1.85M Acquisition and divestiture expenses, net of (gains) losses (d)
+394K Litigation expenses, net of recoveries (e)
+5M Impairment of non-marketable equity securities (f)
+0K COVID-19 government relief payments received
+0K Equity-based compensation of Karman Topco L.P. (g)
+1.49M EBITDA from economic interests in investments (h)
+0K Other
= Adjusted EBITDA 75.84M
Adjusted EBITDA Margin non-GAAP 8.2% Six Months Ended June 30, 2026 —
Adjusted Net (Loss) Income non-GAAP -18.61M the three months ended June 30, 2026 filing —
GAAP → non-GAAP reconciliation
GAAP Net loss -62.71M
+0K Debt financing costs (a)
+5M Impairment of non-marketable equity securities (f)
+0K Equity-based compensation of Karman Topco L.P. (g)
+1.85M Acquisition and divestiture expenses, net of (gains) losses (d)
+4.1M Restructuring expenses (b)
+5.49M Reorganization and transformation-related expenses (c)
+394K Litigation expenses, net of recoveries (e)
+42.31M Amortization of intangible assets
+0K Gain on repurchases of Term Loan Facility and Notes (i)
+0K Other
-15.04M Tax adjustments related to non-GAAP adjustments (j)
= Adjusted Net (Loss) Income -18.61M
Adjusted Unlevered Free Cash Flow non-GAAP 18.7M Quarter Ended June 30, 2026 —
GAAP → non-GAAP reconciliation
GAAP Net cash used in operating activities -6.52M
-9.44M Purchase of property and equipment and development of capitalized software
+18.73M Cash payments for interest
+4.2M Cash payments for income taxes
+114K Cash paid for acquisition and divestiture related expenses
+691K Cash paid for restructuring expenses
+11.05M Cash paid for reorganization expenses
-147K Net effect of foreign currency fluctuations on cash
= Adjusted Unlevered Free Cash Flow 18.69M
Adjusted Unlevered Free Cash Flow (% of Adjusted EBITDA) non-GAAP 24.6% Quarter Ended June 30, 2026 —
Branded Services Adjusted EBITDA non-GAAP $21.78M Three Months Ended June 30, 2026 filing —
Experiential Services Adjusted EBITDA non-GAAP $34.18M Three Months Ended June 30, 2026 filing —
Retailer Services Adjusted EBITDA non-GAAP $19.88M Three Months Ended June 30, 2026 filing —
Total Net Debt non-GAAP $1.48B As of June 30, 2026 —
GAAP → non-GAAP reconciliation
GAAP Total debt 1.59B
-102.31M Less: Cash and cash equivalents
= Total Net Debt 1.48B

Figures exactly as the company stated them in writing · click a metric with a to chart its history · period links open the stating document · "filing" marks figures stated in the 10-K/10-Q · YoY needs an exactly comparable prior-year period

Versus peers

Advertising Agencies — same industry group
Open screener →
Company Mkt cap YTD Rev growth Y/Y P/E Short % shares
ADV
Advantage Solutions Inc.
this stock
$389.59M — -0.7% — 4.8%
APP
AppLovin Corp
$135.54B -39.3% +70.0% 27.5 3.3%
OMC
Omnicom Group Inc.
$24.01B +9.0% +10.1% — 8.9%
TTD
Trade Desk, Inc.
$7.41B -58.7% +18.5% 22.7 15.3%
WPP
WPP plc
$5.99B +23.7% — — 0.9%

Peers by industry group · P/E from as-reported trailing EPS · short % is of shares outstanding

At a glance

key data from every section
Ownership
Institutional Holders Accumulating
Holders
91
% held
32.8%
Reported
70 of 86
Top holder
Leonard Green & Partners,…
Held Float
View
Held by Funds
Fund positions
114
View
Short & Settlement
Short Interest Rising
Shares short
609.0K
Days to cover
12.0d
Change
+44.8K sh
View
Short Volume
Short vol %
37%
As of
Nov 13, 2026
Short Total
View
Fails to Deliver
FTD shares
124
Value
$3.9K
As of
Oct 14, 2026
View
Off-Exchange
Off-exchange %
36.5%
Week of
Oct 5, 2026
Off-exch Lit
View
Financials
Financials
Revenue (FY)
$3.5B
Net income (FY)
$-227.7M
EPS diluted
$-5.00
View
Buybacks
Authorized
$100.0M
Remaining
$46.2M
Spent Remaining
View
Filings
SEC Filings
Latest
10-Q
Filed
Nov 4, 2026
This year
25

Advantage Solutions reported third-quarter 2026 revenues of $913.7 million and a net loss of $25.1 million. It announced a strategic realignment, paused HCM development and estimates $7.0 million to $10.0 million of costs before completion in early 2027.

View
Proposed Sales
Value
$65.2K
Shares
65.8K
Filed
Feb 3, 2026
View
Earnings & Events
Webcasts
Last webcast
Nov 4, 2026
View
Investor Relations
Latest news
Most Consumers Plan to Purchase P…
Published
Nov 12, 2026
View

Performance

5D 20D 120D MTD YTD
ADV -3.4% +5.0% -28.7% +0.9% +38.7%
SPY +2.6% -1.2% +0.5% -0.2% +10.6%
vs SPY -6.0% +6.2% -29.2% +1.1% +28.1%

Capital returns

Buyback program · as of Dec 31, 2025
Authorized
$100.00M
Spent (derived)
$53.80M
Remaining
$46.20M
Spent Remaining

Dividends per share over the trailing 365 days by ex-date · buyback figures as last reported in SEC filings ("spent" derived as authorized − remaining; when several programs run concurrently, authorized is their combined total per the newest filing) · components shown separately — trailing-year buyback spend isn't tracked, so no combined shareholder yield is derived.

Key facts CIK 1776661 CUSIP 00791N201 13F (30d) 72 filings 58 filers Visit website Investor relations