Advantage Solutions Inc.
For the period ended Dec 31, 2025. Filed Mar 3, 2026.
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FY2025 · Filed Mar 3, 2026
ADV$32.29-2.6%Stored close · as of Nov 10, 2026
Extracted filing text, with the paragraph anchors used by the comparison.
See the whole filing, with its images and exhibitsContents
Consolidated Statements of Operations and Comprehensive Loss
| Year Ended December 31, | |||
|---|---|---|---|
| (in thousands, except share and per share data) | 2025 | 2024 | 2023 |
| Revenues | $3,542,642 | $3,566,324 | $3,900,125 |
| Cost of revenues (exclusive of depreciation and amortization shown separately below) | 3,048,295 | 3,059,052 | 3,415,046 |
| Selling, general, and administrative expenses | 276,060 | 324,596 | 250,235 |
| Impairment of goodwill and indefinite-lived asset | 203,685 | 275,170 | 43,500 |
| Depreciation and amortization | 202,258 | 204,553 | 208,856 |
| Income from investment in European joint venture and other | (7,491) | (2,064) | (5,210) |
| Gain on legal matters | (25,716) | — | — |
| Gain on divestitures and deconsolidation of subsidiaries | (27,983) | — | (58,891) |
| Total operating expenses | 3,669,108 | 3,861,307 | 3,853,536 |
| Operating (loss) income from continuing operations | (126,466) | (294,983) | 46,589 |
| Other expenses (income): | |||
| Change in fair value of warrant liabilities | (83) | (584) | (286) |
| Interest expense, net | 138,936 | 146,792 | 165,734 |
| Total other expenses, net | 138,853 | 146,208 | 165,448 |
| Loss from continuing operations before benefit from income taxes | (265,319) | (441,191) | (118,859) |
| Benefit from income taxes from continuing operations | (37,584) | (62,787) | (37,648) |
| Net loss from continuing operations | (227,735) | (378,404) | (81,211) |
| Net income from discontinued operations, net of tax | — | 53,634 | 20,829 |
| Net loss | $(227,735) | $(324,770) | (60,382) |
| Less: net income from continuing operations attributable to noncontrolling interest, net of tax | — | — | 2,346 |
| Less: net income from discontinued operations attributable to noncontrolling interest, net of tax | — | 2,192 | 594 |
| Net loss attributable to stockholders of Advantage Solutions Inc. | $(227,735) | $(326,962) | $(63,322) |
| Net (loss) income per common share: | |||
| Basic loss per common share from continuing operations attributable to stockholders of Advantage Solutions Inc. | $(0.70) | $(1.18) | $(0.26) |
| Basic income per common share from discontinued operations attributable to stockholders of Advantage Solutions Inc. | $— | $0.16 | $0.06 |
| Diluted net (loss) income per share: | |||
| Diluted loss per common share from continuing operations attributable to stockholders of Advantage Solutions Inc. | $(0.70) | $(1.18) | $(0.26) |
| Diluted income per common share from discontinued operations attributable to stockholders of Advantage Solutions Inc. | $— | $0.16 | $0.06 |
| Weighted-average number of common shares: | |||
| Basic | 324,564,046 | 321,515,982 | 323,677,515 |
| Diluted | 324,564,046 | 321,515,982 | 323,677,515 |
| Comprehensive Income (Loss): | |||
|---|---|---|---|
| Net loss attributable to stockholders of Advantage Solutions Inc. | $(227,735) | $(326,962) | $(63,322) |
| Other comprehensive income (loss), net of tax: | |||
| Foreign currency translation adjustments | 11,703 | (9,485) | 5,817 |
| Total comprehensive loss attributable to stockholders of Advantage Solutions Inc. | $(216,032) | $(336,447) | $(57,505) |
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