Advantage Solutions Inc.
For the period ended Dec 31, 2025. Filed Mar 3, 2026.
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FY2025 · Filed Mar 3, 2026
ADV$33.14+5.0%Stored close · as of Nov 9, 2026
Extracted filing text, with the paragraph anchors used by the comparison.
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Consolidated Balance Sheets
| (in thousands, except share data) | December 31, 2025 | December 31, 2024 |
|---|---|---|
| ASSETS | ||
| Current assets | ||
| Cash and cash equivalents | $240,850 | $205,233 |
| Restricted cash | 12,137 | 15,518 |
| Accounts receivable, net of allowance for expected credit losses of $16,771 and $13,047, respectively | 594,999 | 603,069 |
| Prepaid expenses and other current assets | 124,629 | 86,918 |
| Total current assets | 972,615 | 910,738 |
| Property, equipment, and capitalized software, net | 115,858 | 97,763 |
| Goodwill | 438,900 | 477,021 |
| Other intangible assets, net | 993,927 | 1,332,578 |
| Investments in unconsolidated affiliates | 234,138 | 226,510 |
| Other assets | 37,977 | 61,907 |
| Total assets | $2,793,415 | $3,106,517 |
| LIABILITIES AND STOCKHOLDERS' EQUITY | ||
| Current liabilities | ||
| Current portion of long-term debt | $13,250 | $13,250 |
| Accounts payable | 162,376 | 158,485 |
| Accrued compensation and benefits | 121,105 | 129,486 |
| Other accrued expenses | 105,449 | 134,677 |
| Deferred revenues | 30,454 | 24,164 |
| Total current liabilities | 432,634 | 460,062 |
| Long-term debt, net of current portion | 1,660,611 | 1,686,690 |
| Deferred income tax liabilities | 90,023 | 146,889 |
| Other long-term liabilities | 56,189 | 64,141 |
| Total liabilities | 2,239,457 | 2,357,782 |
| Commitments and contingencies (Note 18) | ||
| Equity attributable to stockholders of Advantage Solutions Inc. | ||
| Preferred stock, no par value, 10,000,000 shares authorized; none issued and outstanding as of December 31, 2025 and December 31, 2024, respectively | — | — |
| Common stock, $0.0001 par value, 3,290,000,000 shares authorized; 326,429,909 and 320,773,096 shares issued and outstanding as of December 31, 2025 and 2024, respectively | 33 | 32 |
| Additional paid in capital | 3,488,988 | 3,466,221 |
| Accumulated deficit | (2,869,347) | (2,641,612) |
| Loans to Karman Topco L.P. | (7,673) | (7,029) |
| Accumulated other comprehensive loss | (4,158) | (15,861) |
| Treasury stock, at cost; 12,894,517 and 12,400,075 shares as of December 31, 2025 and 2024, respectively | (53,885) | (53,016) |
| Total stockholders' equity | 553,958 | 748,735 |
| Total liabilities and stockholders' equity | $2,793,415 | $3,106,517 |
The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.