ADV on Nasdaq
Advantage Solutions Inc.
Business services company based in St. Louis, listed on Nasdaq (ADV)1
In its 2026 annual report the company says: “We provide outsourced sales, marketing, merchandising, sampling, and retailer support services to consumer packaged goods manufacturers and retailers primarily across North America. Our services are designed to support distribution, retail execution, shopper engagement, and private brand development across both physical and digital commerce environments. We serve more than 4,000 clients across grocery, mass, club, retail pharmacy, convenience, and other channels in over 100,000 retail locations.”4
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Last updated Oct 21, 2026.
Overview
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- TickerADV on Nasdaq1
- IndustryServices-Business Services, NEC1
- HeadquartersSt. Louis, Missouri1
- Business addressC/O Advantage Solutions, Inc., 7676 Forsyth Boulevard, 5Th Floor, St. Louis, Mo 631052
- Filer categoryAccelerated filer2
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We provide outsourced sales, marketing, merchandising, sampling, and retailer support services to consumer packaged goods (“CPG”) manufacturers and retailers primarily across North America. Our services are designed to support distribution, retail execution, shopper engagement, and private brand development across both physical and digital commerce environments. We serve more than 4,000 clients across grocery, mass, club, retail pharmacy, convenience, and other channels in over 100,000 retail locations.4 From its latest annual report
Financials
From the company’s reports to the SEC. Every number links to the filing it came from.
Key numbers, fiscal 2025
-3.6%Operating margin5
-6.4%Net margin5
-0.7%Revenue growth, 20255
-41.1%Return on equity5
3.00×Debt to equity5
$55.1MFree cash flow5
What sells
Revenue by product, business segment and region, as the company reports it to the SEC.
Regions
North America brought in 51% of the revenue Advantage Solutions Inc. broke down this way in fiscal 2025.
Regions by year
| Regions | 2023 | 2024 | 2025 |
|---|---|---|---|
| North America | $3.4B | $3.4B | $3.4B |
| United States | $3.2B | $3.1B | $3.1B |
| Asia Pacific | $125.6M | $145.6M | $163.2M |
| Europe | $6.5M | $7.8M | $11.2M |
Where the money goes
Where each dollar of revenue went, fiscal 2025
- Selling, general and admin8¢$276.1M
- Other costs91¢$3.2B
- Income tax1¢$37.6M
Out of $3.5B in revenue.5 The company lost money this year.
Where each dollar of operating cash went, fiscal 2025
- Capital spending11¢$6.5M
- Share buybacks1¢$869.0K
- Kept or used elsewhere88¢$54.2M
Out of $61.5M of cash from operations.5
Financial statements
Every line of the income statement as filed: the last 3 fiscal years, latest first.5
| Period ending | 2025-12-31 | 2024-12-31 | 2023-12-31 |
|---|---|---|---|
| Revenues | $3.5B | $3.6B | $3.9B |
| Cost of revenues (exclusive of depreciation and amortization shown separately below) | $3.0B | $3.1B | $3.4B |
| Selling, general, and administrative expenses | $276.1M | $324.6M | $250.2M |
| Impairment of goodwill and indefinite-lived asset | $203.7M | $275.2M | $43.5M |
| Depreciation and amortization | $202.3M | $204.6M | $208.9M |
| Income from investment in European joint venture and other | -$7.5M | -$2.1M | -$5.2M |
| Gain on legal matters | -$25.7M | $0 | $0 |
| Gain on divestitures and deconsolidation of subsidiaries | -$28.0M | $0 | -$58.9M |
| Total operating expenses | $3.7B | $3.9B | $3.9B |
| Operating (loss) income from continuing operations | -$126.5M | -$295.0M | $46.6M |
| Change in fair value of warrant liabilities | -$83.0K | -$584.0K | -$286.0K |
| Interest expense, net | $138.9M | $146.8M | $165.7M |
| Total other expenses, net | $138.9M | $146.2M | $165.4M |
| Loss from continuing operations before benefit from income taxes | -$265.3M | -$441.2M | -$118.9M |
| Benefit from income taxes from continuing operations | -$37.6M | -$62.8M | -$37.6M |
| Net loss from continuing operations | -$227.7M | -$378.4M | -$81.2M |
| Net income from discontinued operations, net of tax | $0 | $53.6M | $20.8M |
| Net loss | -$227.7M | -$324.8M | -$60.4M |
| Less: net income from continuing operations attributable to noncontrolling interest, net of tax | $0 | $0 | $2.3M |
| Less: net income from discontinued operations attributable to noncontrolling interest, net of tax | $0 | $2.2M | $594.0K |
| Net loss attributable to stockholders of Advantage Solutions Inc. | -$227.7M | -$327.0M | -$63.3M |
| Basic loss per common share from continuing operations attributable to stockholders of Advantage Solutions Inc. | -$1 | -$1 | -$0 |
| Basic income per common share from discontinued operations attributable to stockholders of Advantage Solutions Inc. | $0 | $0 | $0 |
| Diluted loss per common share from continuing operations attributable to stockholders of Advantage Solutions Inc. | -$1 | -$1 | -$0 |
| Diluted income per common share from discontinued operations attributable to stockholders of Advantage Solutions Inc. | $0 | $0 | $0 |
| Basic | 324.6M shares | 321.5M shares | 323.7M shares |
| Diluted | 324.6M shares | 321.5M shares | 323.7M shares |
| Foreign currency translation adjustments | $11.7M | -$9.5M | $5.8M |
| Total comprehensive loss attributable to stockholders of Advantage Solutions Inc. | -$216.0M | -$336.4M | -$57.5M |
No quarter-by-quarter statement was filed.
Every line of the balance sheet as filed: the last 4 fiscal years (annual) or 4 quarters (quarterly), latest first.5
| Period ending | 2025-12-31 | 2024-12-31 | 2023-12-31 | 2022-12-31 |
|---|---|---|---|---|
| Cash and cash equivalents | $240.8M | $205.2M | $120.8M | |
| Restricted cash | $12.1M | $15.5M | ||
| Accounts receivable, net of allowance for expected credit losses of $16,771 and $13,047, respectively | $595.0M | $603.1M | ||
| Prepaid expenses and other current assets | $124.6M | $86.9M | ||
| Total current assets | $972.6M | $910.7M | ||
| Property, equipment, and capitalized software, net | $115.9M | $97.8M | ||
| Goodwill | $438.9M | $477.0M | $710.2M | |
| Other intangible assets, net | $993.9M | $1.3B | ||
| Investments in unconsolidated affiliates | $234.1M | $226.5M | ||
| Other assets | $38.0M | $61.9M | ||
| Total assets | $2.8B | $3.1B | ||
| Current portion of long-term debt | $13.2M | $13.2M | ||
| Accounts payable | $162.4M | $158.5M | ||
| Accrued compensation and benefits | $121.1M | $129.5M | ||
| Other accrued expenses | $105.4M | $134.7M | ||
| Deferred revenues | $30.5M | $24.2M | ||
| Total current liabilities | $432.6M | $460.1M | ||
| Long-term debt, net of current portion | $1.7B | $1.7B | ||
| Deferred income tax liabilities | $90.0M | $146.9M | ||
| Other long-term liabilities | $56.2M | $64.1M | ||
| Total liabilities | $2.2B | $2.4B | ||
| Preferred stock, no par value, 10,000,000 shares authorized; none issued and outstanding as of December 31, 2025 and December 31, 2024, respectively | $0 | $0 | ||
| 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 | $33.0K | $32.0K | ||
| Additional paid in capital | $3.5B | $3.5B | ||
| Accumulated deficit | -$2.9B | -$2.6B | ||
| Loans to Karman Topco L.P. | -$7.7M | -$7.0M | ||
| Accumulated other comprehensive loss | -$4.2M | -$15.9M | ||
| Treasury stock, at cost; 12,894,517 and 12,400,075 shares as of December 31, 2025 and 2024, respectively | -$53.9M | -$53.0M | ||
| Total stockholders' equity | $554.0M | $748.7M | $1.1B | $1.2B |
| Total liabilities and stockholders' equity | $2.8B | $3.1B | ||
| Accounts receivable, net of allowances | $16.8M | $13.0M | ||
| Preferred stock, shares authorized | 10.0M shares | 10.0M shares | ||
| Preferred stock, shares issued | 0 shares | 0 shares | ||
| Preferred stock, shares outstanding | 0 shares | 0 shares | ||
| Common stock, par or stated value per share | $0.00 | $0.00 | ||
| Common stock, shares authorized | 3.3B shares | 3.3B shares | ||
| Common stock, shares issued | 326.4M shares | 320.8M shares | ||
| Common stock, shares outstanding | 326.4M shares | 320.8M shares | ||
| Treasury stock, common, shares | 12.9M shares | 12.4M shares |
| Period ending | 2025-12-31 | 2024-12-31 | 2023-12-31 | 2022-12-31 |
|---|---|---|---|---|
| Cash and cash equivalents | $240.8M | $205.2M | $120.8M | |
| Restricted cash | $12.1M | $15.5M | ||
| Accounts receivable, net of allowance for expected credit losses of $16,771 and $13,047, respectively | $595.0M | $603.1M | ||
| Prepaid expenses and other current assets | $124.6M | $86.9M | ||
| Total current assets | $972.6M | $910.7M | ||
| Property, equipment, and capitalized software, net | $115.9M | $97.8M | ||
| Goodwill | $438.9M | $477.0M | $710.2M | |
| Other intangible assets, net | $993.9M | $1.3B | ||
| Investments in unconsolidated affiliates | $234.1M | $226.5M | ||
| Other assets | $38.0M | $61.9M | ||
| Total assets | $2.8B | $3.1B | ||
| Current portion of long-term debt | $13.2M | $13.2M | ||
| Accounts payable | $162.4M | $158.5M | ||
| Accrued compensation and benefits | $121.1M | $129.5M | ||
| Other accrued expenses | $105.4M | $134.7M | ||
| Deferred revenues | $30.5M | $24.2M | ||
| Total current liabilities | $432.6M | $460.1M | ||
| Long-term debt, net of current portion | $1.7B | $1.7B | ||
| Deferred income tax liabilities | $90.0M | $146.9M | ||
| Other long-term liabilities | $56.2M | $64.1M | ||
| Total liabilities | $2.2B | $2.4B | ||
| Preferred stock, no par value, 10,000,000 shares authorized; none issued and outstanding as of December 31, 2025 and December 31, 2024, respectively | $0 | $0 | ||
| 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 | $33.0K | $32.0K | ||
| Additional paid in capital | $3.5B | $3.5B | ||
| Accumulated deficit | -$2.9B | -$2.6B | ||
| Loans to Karman Topco L.P. | -$7.7M | -$7.0M | ||
| Accumulated other comprehensive loss | -$4.2M | -$15.9M | ||
| Treasury stock, at cost; 12,894,517 and 12,400,075 shares as of December 31, 2025 and 2024, respectively | -$53.9M | -$53.0M | ||
| Total stockholders' equity | $554.0M | $748.7M | $1.1B | $1.2B |
| Total liabilities and stockholders' equity | $2.8B | $3.1B | ||
| Accounts receivable, net of allowances | $16.8M | $13.0M | ||
| Preferred stock, shares authorized | 10.0M shares | 10.0M shares | ||
| Preferred stock, shares issued | 0 shares | 0 shares | ||
| Preferred stock, shares outstanding | 0 shares | 0 shares | ||
| Common stock, par or stated value per share | $0.00 | $0.00 | ||
| Common stock, shares authorized | 3.3B shares | 3.3B shares | ||
| Common stock, shares issued | 326.4M shares | 320.8M shares | ||
| Common stock, shares outstanding | 326.4M shares | 320.8M shares | ||
| Treasury stock, common, shares | 12.9M shares | 12.4M shares |
Cash flow is reported year to date, not quarter by quarter, so there are no separate quarterly figures.
Every line of the cash flow as filed: the last 3 fiscal years, latest first.5
| Period ending | 2025-12-31 | 2024-12-31 | 2023-12-31 |
|---|---|---|---|
| Net loss from continuing operations | -$227.7M | -$378.4M | -$81.2M |
| Non-cash adjustments on derivatives and non-cash interest expense (income) | -$2.1M | $5.2M | -$7.7M |
| Amortization of deferred financing fees | $7.0M | $6.8M | $8.3M |
| Impairment of goodwill and indefinite-lived asset | $203.7M | $275.2M | $43.5M |
| Depreciation and amortization | $202.3M | $204.6M | $208.9M |
| Fair value adjustments related to contingent consideration | $0 | $1.7M | $11.2M |
| Deferred income taxes | -$57.5M | ||
| Equity-based compensation of Karman Topco L.P. | -$1.5M | $723.0K | -$2.5M |
| Stock-based compensation | $26.9M | $31.0M | $38.9M |
| Income from investment in European joint venture and other | -$7.5M | -$2.1M | -$5.5M |
| Distribution received from equity method investments | $1.8M | $3.3M | $2.1M |
| Gain on divestiture and deconsolidation of subsidiaries | -$28.0M | $0 | -$58.9M |
| Gain on repurchases of Senior Secured Notes and Term Loan Facility debt | -$1.6M | -$9.1M | -$8.7M |
| Other | $282.0K | $1.8M | $3.0M |
| Accounts receivable, net | $8.0M | $51.2M | $38.9M |
| Prepaid expenses and other assets | -$31.4M | $28.4M | $100.8M |
| Accounts payable | $5.3M | -$12.9M | -$23.1M |
| Accrued compensation and benefits | -$10.7M | -$30.4M | $27.5M |
| Deferred revenues | $7.3M | -$2.1M | $8.6M |
| Other accrued expenses and other liabilities | -$33.0M | -$24.3M | $4.9M |
| Net cash provided by operating activities | $61.5M | $93.1M | $228.5M |
| Purchase of investments in unconsolidated affiliates | -$3.7M | -$13.9M | -$3.0M |
| Purchase of property and equipment | -$6.5M | -$7.8M | -$20.7M |
| Purchase and development of capitalized software | -$46.4M | -$47.5M | -$20.9M |
| Proceeds from divestitures | $60.5M | $275.7M | $21.1M |
| Deconsolidation of subsidiaries cash and cash equivalents and restricted cash, net of proceeds | $0 | $0 | -$31.5M |
| Proceeds from sale of investments in unconsolidated affiliates | $0 | $0 | $4.4M |
| Net cash (used in) provided by investing activities | $3.8M | $206.4M | -$50.5M |
| Borrowings under lines of credit | $90.0M | $0 | $99.5M |
| Payments on lines of credit | -$90.0M | $0 | -$99.1M |
| Principal payments on long-term debt | -$13.2M | -$13.1M | -$13.3M |
| Repurchases of Senior Secured Notes and Term Loan Facility debt | -$18.2M | -$147.1M | -$156.6M |
| Debt issuance costs | $0 | -$971.0K | $0 |
| Deferred consideration paid for purchases in unconsolidated affiliates | -$2.1M | $0 | $0 |
| Contingent consideration payments | $0 | -$5.7M | -$1.9M |
| Proceeds from employee stock purchase plan | $1.8M | $2.3M | $2.2M |
| Payments for taxes related to net share settlement of equity awards | -$3.6M | -$12.8M | -$1.9M |
| Holdback payments | $0 | $0 | -$944.0K |
| Redemption of noncontrolling interest | $0 | $0 | -$154.0K |
| Purchase of treasury stock | -$869.0K | -$34.1M | -$6.4M |
| Net cash used in financing activities | -$36.2M | -$211.4M | -$178.4M |
| Net effect of foreign currency changes on cash, cash equivalents and restricted cash | $3.1M | -$4.6M | $1.8M |
| Net change in cash, cash equivalents and restricted cash | $32.2M | $83.5M | $1.4M |
No quarter-by-quarter statement was filed.
Corporate structure
Advantage Solutions Inc. sits at the top of its group. 16 entities, 1 country on record. Switch between the flow chart and the network, and select any entity to see its details.
Major holders of Advantage Solutions Inc.
- CastleKnight Master Fund LP Filed SCHEDULE 13G/A on Advantage Solutions Inc., latest Aug 14, 2026 (2 filings since Mar 26, 2026)
- Karman Topco L.P. Filed SCHEDULE 13D/A on Advantage Solutions Inc., latest May 18, 2026 (4 filings since Sep 19, 2023)
- T. Rowe Price Investment Management, Inc. Filed SCHEDULE 13G/A on Advantage Solutions Inc., latest Feb 14, 2025 (2 filings since Nov 14, 2024)
- Advantage Solutions Inc. St. Louis, Missouri
- Advantage AMP LLC Subsidiary · Delaware, United States
- Advantage Sales & Marketing Inc. Subsidiary · Delaware, United States
- ASI Intermediate Corp. Subsidiary · Delaware, United States
- Club Demonstration Services Australia Inc. Subsidiary · Delaware, United States
- Club Demonstration Services Korea Inc. Subsidiary · Delaware, United States
- Club Demonstration Services, Inc Subsidiary · Connecticut, United States
- Daymon Eagle Holdings, LLC Subsidiary · Delaware, United States
- Daymon Worldwide Canada Inc. Subsidiary · Delaware, United States
- Daymon Worldwide Inc. Subsidiary · Delaware, United States
- Daymon Worldwide Japan Inc. Subsidiary · Delaware, United States
- IDR Marketing Partners, LLC Subsidiary · Pennsylvania, United States
- Interactions Consumer Experience Marketing Inc. Subsidiary · Delaware, United States
- Karman Intermediate Corp. Subsidiary · Delaware, United States
- R Squared Solutions LLC Subsidiary · Delaware, United States
- SAS Retail Services, LLC Subsidiary · Delaware, United States
Built from subsidiaries listed in Exhibit 21 of annual reports filed with the SEC; major holders from Schedules 13D and 13G. Each entity in the chart links to its source.
What it owns
What Advantage Solutions Inc. reports owning in its annual reports to the SEC: buildings, land and equipment, real estate and locations, investments, intangible assets and inventory, at the end of its latest fiscal year and a year before.
Property and equipment
| Item | Latest | A year before | Change |
|---|---|---|---|
| Property and equipment, before depreciation | $245.8M5 Dec 31, 2025 | $212.9M5 Dec 31, 2024 | +15.4% |
| Accumulated depreciation | $129.9M5 Dec 31, 2025 | $115.2M5 Dec 31, 2024 | +12.8% |
| Property and equipment, net | $115.9M5 Dec 31, 2025 | $97.8M5 Dec 31, 2024 | +18.5% |
| Operating-lease assets (leased space) | $22.3M5 Dec 31, 2025 | $25.9M5 Dec 31, 2024 | −14.2% |
Investments
| Item | Latest | A year before | Change |
|---|---|---|---|
| Cash and cash equivalents | $240.8M5 Dec 31, 2025 | $205.2M5 Dec 31, 2024 | +17.4% |
| Stakes in other companies (equity method) | $234.1M5 Dec 31, 2025 | $226.5M5 Dec 31, 2024 | +3.4% |
| Deposits held (banks) | $18.7M5 Dec 31, 2025 | $12.9M5 Dec 31, 2024 | +45.1% |
Intangibles and goodwill
| Item | Latest | A year before | Change |
|---|---|---|---|
| Goodwill | $438.9M5 Dec 31, 2025 | $477.0M5 Dec 31, 2024 | −8.0% |
| Intangible assets, net (excluding goodwill) | $993.9M5 Dec 31, 2025 | $1.3B5 Dec 31, 2024 | −25.4% |
| Indefinite-lived intangibles (excluding goodwill) | $1.5B5 Dec 31, 2025 | $1.5B5 Dec 31, 2024 | 0% |
| Trademarks and trade names (indefinite-lived) | $442.4M5 Dec 31, 2025 | $609.5M5 Dec 31, 2024 | −27.4% |
| Finite-lived intangibles, gross | $2.3B5 Dec 31, 2025 | $2.3B5 Dec 31, 2024 | 0% |
| Accumulated amortization | $1.8B5 Dec 31, 2025 | $1.6B5 Dec 31, 2024 | +10.6% |
| Finite-lived intangibles, net | $551.5M5 Dec 31, 2025 | $723.1M5 Dec 31, 2024 | −23.7% |
Properties, in its own words
Our corporate headquarters are located in St. Louis, Missouri, where we rent approximately 19,000 square feet pursuant to a lease agreement that is scheduled to expire in March of 2036.
As of December 31, 2025, we operated approximately 60 offices, including in the United States and internationally.
The rest of Item 2
We lease all of our properties. Leases on these offices expire at various dates from 2026 to 2036, excluding any options for renewal. We typically seek office space in proximity to retailers’ headquarters or buying offices, to aid our teammates in acting as sales representatives for our manufacturer clients.
Item 2 of the 10-K filed Mar 3, 2026.4
Leadership
Who has led Advantage Solutions Inc., and when. Pick a name to see everywhere that person has worked.
Chief financial officer
Chief operating officer
20202025
- Chief executive officerDavid A. Peacock Feb 3, 2023 to now13
- Chief executive officerTanya L. Domier Nov 6, 2020 to Mar 15, 202214
- Chief executive officerDavid J. West Jul 17, 2019 to Jul 17, 201915
- ChairTanya L. Domier Jan 20, 2023 to Jan 20, 202316
- ChairJames M. Kilts Jul 17, 2019 to Jul 17, 201917
- Chief financial officerChristopher Growe Mar 29, 2023 to now18
- Chief financial officerDean Kaye Nov 6, 2020 to Jun 5, 202319
- Chief financial officerBrian K. Ratzan Jul 17, 2019 to Jul 17, 201920
- Chief operating officerDean General Mar 24, 2025 to Aug 28, 202521
- Chief operating officerJeffrey Stephen Harsh Aug 28, 2025 to now22
- Chief operating officerAndrea Young Jan 4, 2024 to Mar 24, 202523
- Chief operating officerJack Anthony Pestello Jan 4, 2024 to Feb 14, 202524
Board members and other officers (26)
- Chief Accounting OfficerDaniel Gore Mar 24, 2025 to now25
- Chief Accounting OfficerBevin Conley Jan 4, 2024 to Sep 5, 202426
- Board memberThomas Brian Turner Feb 23, 2026 to now27
- Board memberXiaofeng Yao Feb 23, 2026 to now28
- Board memberChristopher J. Baldwin Feb 3, 2023 to Feb 3, 202329
- Board memberDavid A. Peacock Feb 3, 2023 to now13
- Board memberJody L. Macedonio May 25, 2023 to now30
- Board memberAdam Levyn Oct 23, 2023 to Oct 23, 202331
- Board memberAdam Nebesar Mar 28, 2022 to Mar 28, 202232
- Board memberDeborah Poole May 27, 2022 to now33
- Board memberJames M. Kilts Mar 23, 2021 to now34
- Board memberRobin Manherz Oct 1, 2021 to now35
- Board memberJonathan D. Sokoloff Oct 30, 2020 to Oct 30, 202036
- Board memberRyan Cotton Oct 30, 2020 to Oct 30, 202037
- Board memberTimothy John Flynn Oct 30, 2020 to Oct 30, 202038
- Board memberBeverly F. Chase Nov 6, 2020 to May 28, 202139
- Board memberCameron Breitner Nov 6, 2020 to now40
- Board memberElizabeth Munoz-Guzman Nov 6, 2020 to May 28, 202141
- Board memberTanya L. Domier Nov 6, 2020 to Mar 15, 202214
- Board memberTiffany Han Nov 6, 2020 to Nov 6, 202042
- Board memberVirginie Costa Nov 6, 2020 to now43
- Board memberBrian K. Ratzan Jul 17, 2019 to now20
- Board memberDavid J. West Jul 17, 2019 to now15
- Board memberIrene Rosenfeld Jul 17, 2019 to Jul 24, 201944
- Board memberJoseph J. Schena Jul 17, 2019 to Jul 24, 201945
- Board memberRonald E. Blaylock Jul 17, 2019 to May 27, 202246
Subsidiaries and ownership
Subsidiaries (Exhibit 21)
- ASI Intermediate Corp. Delaware3
- Advantage AMP LLC Delaware3
- Advantage Sales & Marketing Inc. Delaware3
- Advantage Sales & Marketing LLC Nevada3
- Advantage Solutions Inc. Canada3
- Club Demonstration Services Australia Inc. Delaware3
- Club Demonstration Services Korea Inc. Delaware3
- Club Demonstration Services, Inc Connecticut3
- Daymon Eagle Holdings, LLC Delaware3
- Daymon Worldwide Canada Inc. Delaware3
- Daymon Worldwide Inc. Delaware3
- Daymon Worldwide Japan Inc. Delaware3
- IDR Marketing Partners, LLC Pennsylvania3
- Interactions Consumer Experience Marketing Inc. Delaware3
- Karman Intermediate Corp. Delaware3
- R Squared Solutions LLC Delaware3
- SAS Retail Services, LLC Delaware3
The subsidiaries the company lists in Exhibit 21 of its annual report, as filed.
Former names
- Conyers Park II Acquisition Corp.May 21, 2019 to Oct 28, 20202
Timeline
- Oct 5, 20268-K Executive or director change47
- Aug 5, 20268-K Results of operations48
- May 28, 20268-K Shareholder vote49
- May 6, 20268-K Results of operations50
- Mar 31, 20268-K Executive or director change51
- Mar 26, 20268-K Change to shareholders' rights; Bylaws or fiscal year changed52
- Mar 17, 20268-K Shareholder vote; Regulation FD disclosure53
- Mar 11, 20268-K Entered a material agreement; Ended a material agreement; New debt or obligation54
- Mar 3, 20268-K Results of operations55
- Feb 24, 20268-K Entered a material agreement; Regulation FD disclosure56
- Feb 20, 20268-K Executive or director change57
- Feb 9, 20268-K Entered a material agreement; Regulation FD disclosure; Other events58
- Feb 3, 2023New chief executive David A. Peacock becomes CEO13
- Nov 6, 2020New chief executive Tanya L. Domier becomes CEO14
- Jul 17, 2019New chief executive David J. West becomes CEO15
Calendar
Coming up
- Nov 5, 2026Reports results for the quarter ending Sep/2026 A year earlier it reported $1.50 a share, on Nov 6, 2025.59
When it reported results
- Aug 5, 2026Reported quarterly or annual results48
- May 6, 2026Reported quarterly or annual results50
- Mar 3, 2026Reported quarterly or annual results55
- Nov 6, 2025Reported quarterly or annual results60
- Aug 7, 2025Reported quarterly or annual results61
- May 12, 2025Reported quarterly or annual results62
- Mar 7, 2025Reported quarterly or annual results63
- Mar 7, 2025Reported quarterly or annual results64
Upcoming dates from Nasdaq's calendar; past results from the company's 8-K filings (Item 2.02). The full markets calendar
Filings
335 filings to the SEC since October 2021: 5 annual reports, 15 quarterly reports, 66 major events, 218 insider forms, 8 large holders, 23 other. The latest 20:
- Oct 5, 20268-K EDGAR
- Sep 4, 20264 EDGAR
- Aug 14, 2026SCHEDULE 13G/A EDGAR
- Aug 5, 202610-Q EDGAR
- Aug 5, 20268-K EDGAR
- Jun 25, 20264 EDGAR
- Jun 16, 20264 EDGAR
- Jun 16, 20264 EDGAR
- May 29, 20264 EDGAR
- May 29, 20264 EDGAR
- May 29, 20264 EDGAR
- May 29, 20264 EDGAR
- May 29, 20264 EDGAR
- May 29, 20264 EDGAR
- May 29, 20264 EDGAR
- May 28, 20268-K EDGAR
- May 20, 20264 EDGAR
- May 18, 2026SCHEDULE 13D/A EDGAR
- May 18, 20264 EDGAR
- May 6, 202610-Q EDGAR
The 335 filings since October 2021 can be filtered by form type and year here when JavaScript is on.
Every filing from the last five years, summarized. The full record is on SEC EDGAR.
Insider trades
91 open-market trades by officers, directors and large owners since October 2021: 79 buys and 12 sales. Grants, option exercises and gifts are left out.
| Date | Who | Trade | Shares | Price | Value | Filing |
|---|---|---|---|---|---|---|
| May 19, 2026 | PEACOCK DAVID AChief Executive Officer | Buy | 800 | $34.60 | $27.7K | Form 4 |
| May 18, 2026 | PEACOCK DAVID AChief Executive Officer | Buy | 800 | $34.60 | $27.7K | Form 4 |
| Mar 23, 2026 | KILTS JAMES MDirector | Buy | 30,999 | $0.79 | $24.5K | Form 4 |
| Mar 20, 2026 | KILTS JAMES MDirector | Buy | 33,554 | $0.77 | $25.8K | Form 4 |
| Mar 11, 2026 | KILTS JAMES MDirector | Buy | 16,759 | $0.70 | $11.7K | Form 4 |
| Mar 10, 2026 | KILTS JAMES MDirector | Buy | 75,368 | $0.69 | $52.0K | Form 4 |
| Mar 9, 2026 | KILTS JAMES MDirector | Buy | 66,499 | $0.61 | $40.6K | Form 4 |
| Mar 6, 2026 | Growe ChristopherChief Financial Officer | Buy | 50,000 | $0.60 | $30.0K | Form 4 |
| Mar 5, 2026 | PEACOCK DAVID AChief Executive Officer | Buy | 200,000 | $0.64 | $128.0K | Form 4 |
| Jun 6, 2025 | KILTS JAMES MDirector | Buy | 9,700 | $1.29 | $12.5K | Form 4 |
| Jun 5, 2025 | KILTS JAMES MDirector | Buy | 15,755 | $1.24 | $19.5K | Form 4 |
| Jun 4, 2025 | KILTS JAMES MDirector | Buy | 5,494 | $1.29 | $7.1K | Form 4 |
| Jun 3, 2025 | KILTS JAMES MDirector | Buy | 23,314 | $1.24 | $28.9K | Form 4 |
| Jun 2, 2025 | KILTS JAMES MDirector | Buy | 16,491 | $1.21 | $20.0K | Form 4 |
| May 30, 2025 | KILTS JAMES MDirector | Buy | 19,627 | $1.23 | $24.1K | Form 4 |
| May 29, 2025 | KILTS JAMES MDirector | Buy | 11,400 | $1.28 | $14.6K | Form 4 |
| May 28, 2025 | KILTS JAMES MDirector | Buy | 10,003 | $1.27 | $12.7K | Form 4 |
| May 27, 2025 | KILTS JAMES MDirector | Buy | 26,523 | $1.21 | $32.1K | Form 4 |
| May 23, 2025 | KILTS JAMES MDirector | Buy | 14,100 | $1.13 | $15.9K | Form 4 |
| May 22, 2025 | KILTS JAMES MDirector | Buy | 35,835 | $1.18 | $42.3K | Form 4 |
All 91 trades can be filtered by person here when JavaScript is on.
From Forms 4 filed with the SEC.
Major holders
Investors who own more than 5% of the shares must tell the SEC: a 13D if they may seek to influence the company, a 13G if they hold passively.
- CastleKnight Master Fund LPSCHEDULE 13G/A, 2 filings Mar 26, 2026 to Aug 14, 202665
- Karman Topco L.P.SCHEDULE 13D/A, 4 filings Sep 19, 2023 to May 18, 202666
- T. Rowe Price Investment Management, Inc.SCHEDULE 13G/A, 2 filings Nov 14, 2024 to Feb 14, 202567
Executive pay
What the company paid its top executives, from the summary compensation table in its proxy statement. Total pay includes salary, bonus, stock and option awards and other pay, as the company valued them.
| Year | Executive | Age | Salary | Total pay |
|---|---|---|---|---|
| 2025 | David PeacockChief Executive Officer | 57 | $1.1M | $5.6M68 |
| 2025 | Dean GeneralChief Industry Development Officer | $450.0K | $2.1M68 | |
| 2025 | Christopher GroweChief Financial Officer | 51 | $600.0K | $1.8M68 |
| 2025 | Michael TaylorChief Operating Officer, Retailer Services and Activation | 53 | $533.7K | $1.5M68 |
| 2025 | Andrea YoungChief Operating Officer, Experiential Services | $364.0K | $1.4M68 | |
| 2025 | Jack PestelloChief Operating Officer, Branded Services | $216.9K | $591.7K68 | |
| 2025 | Jeffrey HarshChief Operating Officer, Branded Services | 54 | $150.4K | $405.2K68 |
| 2024 | David PeacockChief Executive Officer | 57 | $1.1M | $6.3M68 |
| 2024 | Christopher GroweChief Financial Officer | 51 | $589.2K | $2.1M68 |
| 2024 | Andrea YoungChief Operating Officer, Experiential Services | $537.7K | $1.8M68 | |
| 2024 | Michael TaylorChief Operating Officer, Retailer Services and Activation | 53 | $518.3K | $1.8M68 |
| 2024 | Jack PestelloChief Operating Officer, Branded Services | $600.0K | $1.8M68 | |
| 2023 | David PeacockChief Executive Officer | 57 | $985.8K | $15.8M68 |
| 2023 | Jack PestelloChief Operating Officer, Branded Services | $426.9K | $2.7M68 | |
| 2023 | Michael TaylorChief Operating Officer, Retailer Services and Activation | 53 | $500.0K | $2.5M68 |
| 2023 | Christopher GroweChief Financial Officer | 51 | $420.0K | $2.3M68 |
| 2023 | Andrea YoungChief Operating Officer, Experiential Services | $436.8K | $2.0M68 |
Held by these funds
The largest holders among investment managers' 13F reports for the quarter ending Jun 30, 2026, the top 25 of 85. Change is in shares since the quarter before.
13F reports cover disclosed long positions in U.S. stocks only.
SEC filer profile
How Advantage Solutions Inc. is registered with the Securities and Exchange Commission, from its EDGAR record and the cover page of its latest annual report.
- Name on EDGARAdvantage Solutions Inc.1
- CIK0001776661
- Employer ID (EIN)83-46295084
- Filer statusAccelerated filer not an emerging growth company; not a smaller reporting company; not a shell company4
- Incorporated inDelaware4
- Fiscal year endsDecember 311
- Industry code (SIC)7389 Services-Business Services, NEC1
- SEC reviewing officeOffice of Trade & Services, Division of Corporation Finance1
- Business addressC/O Advantage Solutions, Inc., 7676 Forsyth Boulevard, 5Th Floor, St. Louis, MO 631051
- Phone(314) 655-93331
- Shares outstanding12,822,230 as of Jul 31, 202611
- Public float$129.0M as of Jun 30, 20254
- AuditorPricewaterhouseCoopers LLP, Irvine, California PCAOB ID 238; it also attests to the company’s internal control over financial reporting4
- On EDGAR sinceMay 21, 20191
- Filings482 in all: 4 (213), 8-K (84), 3 (39), 10-Q (22), 4/A (12), SC 13G/A (11), 424B3 (8), DEFA14A (8)1
All 37 form types
EFFECT (8), SC 13G (8), 10-K (7), DEF 14A (7), CORRESP (6), POS AM (5), 144 (4), SC 13D/A (4), 8-K/A (3), ARS (3), PRE 14A (3), S-1 (3), S-1/A (3), UPLOAD (3), 25-NSE (2), S-8 (2), SCHEDULE 13G/A (2), 10-K/A (1), 10-Q/A (1), 424B4 (1), 8-A12B (1), CERT (1), DEFM14A (1), DRS (1), NT 10-Q (1), PREM14A (1), SC 13D (1), SCHEDULE 13D/A (1), SCHEDULE 13G (1)
- Latest filingsAnnual report (10-K) Mar 3, 2026
Quarterly report (10-Q) Aug 5, 2026
Proxy statement (DEF 14A) Apr 22, 2026
Latest 8-K (8-K) Oct 5, 2026
Securities registered for trading
| Class | Symbol | Exchange |
|---|---|---|
| Class A common stock, $0.0001 par value per share | ADV | Nasdaq Global Select Market |
From the cover page of the 10-K filed Mar 3, 2026 (Section 12(b) of the Exchange Act).4
Risk factors and legal proceedings
The risks Advantage Solutions Inc. names in Item 1A of its 10-K filed Mar 3, 2026: 63 risks under these headings, as written.4
- and results of operations. As a result, the market price of our securities could decline, and you could lose all or part of your investment. Additionally, the risks and uncertainties described in this Annual Report are not the only risks and uncertainties that we face. Additional risks and uncertainties not presently known to us or that we currently believe to be immaterial may become material and adversely affect our business. The following discussion should be read in conjunction with the financial statements and notes to the financial statements included herein.
- Risks Related to the Company’s Business and Industry
- Market-driven wage increases and changes to wage or job classification regulations, including minimum wages could adversely affect our business, financial condition or results of operations.
- An inability to hire, timely train and retain talented individuals for our workforce could adversely impact our ability to operate our business.
- Our business and results of operations are affected by developments with and policies of retailers that are out of our control.
- Consolidation in the industries we serve could put pressure on the pricing of our services, which could adversely affect our business, financial condition or results of operations.
- CPG manufacturers and retailers may periodically review and change their sales, retail, marketing and technology programs and relationships to our detriment.
- Our largest clients generate a significant portion of our revenues.
- The retail industry is evolving, and if we do not successfully develop and maintain relevant omni-channel services for our clients, our business, financial condition or results of operations could be adversely impacted.
- Interruption of supply chains and tariffs, retaliations or other governmental restrictions could adversely affect our business and our profitability.
- We may be unable to adapt to significant technological change, which could adversely affect our business, financial condition or results of operations.
- Our ability to maintain our competitive position depends on our ability to attract and retain talented executives.
The other 52 risks
- Client procurement practices could put additional operational and financial pressure on our services or negatively impact our relationships, business, financial condition or results of operations.
- If we fail to offer high-quality customer service, our business and reputation may suffer.
- We may be adversely affected if clients reduce their outsourcing of sales and marketing functions.
- Divestitures or other dispositions could negatively impact our business, financial condition or results of operations.
- Divestitures or other dispositions could have significant accounting and tax implications that could negatively impact our business, financial condition or results of operations.
- Our corporate culture is a significant factor to our long-term success and, if we are unable to promote the key aspects of our culture across our organization as we transform, our business, operating results and financial condition could be harmed.
- Acquiring new clients and retaining existing clients depends on our ability to avoid or manage business conflicts among competing brands.
- Business decisions involving our joint ventures and minority investments may adversely affect our growth and results of operations.
- Our international operations and investments expose us to risks that could impede growth in the future, and our attempts to grow our business internationally may not be successful.
- If we are unable to identify attractive acquisition targets, acquire them at attractive prices or successfully integrate the acquired businesses, we may be unsuccessful in growing our business.
- We may encounter significant difficulties integrating acquired businesses.
- We may be subject to unionization, work stoppages, slowdowns or increased labor costs.
- If goodwill or other intangible assets in connection with our acquisitions become impaired, we could take significant charges against earnings.
- Security incidents involving our technology or infrastructure could damage our reputation and substantially harm our business and results of operations.
- Failure to comply with federal, state, and foreign laws and regulations relating to privacy and data protection could adversely affect our business and our financial condition.
- Uncertainties with respect to the use of AI in our business may result in harm to our business and reputation.
- Complications with the further implementation of our new enterprise resource planning system could adversely impact our business and operations.
- Our business is seasonal in nature and quarterly operating results can fluctuate.
- Our business is competitive, and increased competition could adversely affect our business and results of operations.
- Failure to meet environmental, social and governance (“ESG”) expectations or standards could adversely affect our business, results of operations, financial condition, or stock price.
- Damage to our reputation could negatively impact our business, financial condition and results of operations.
- We have outsourced certain functions to third-party service providers, and any service failures or disruptions related to these outsourcing arrangements could adversely affect our business.
- We rely on third parties to provide certain data in connection with the provision of our services.
- We may be unable to timely and effectively respond to changes in digital practices and policies, which could adversely affect our business, financial condition or results of operations.
- Future pandemics may have an adverse effect on our business, results of operations, financial condition and liquidity.
- We may not be able to adequately protect our intellectual property, which, in turn, could harm the value of our brands and adversely affect our business.
- We may be subject to claims of infringement of third-party intellectual property rights that are costly to defend, result in the diversion of management’s time and efforts, require the payment of damages, limit our ability to use particular technologies in the future or prevent us from marketing our existing or future products and services.
- We are dependent on technology licensed from others. If we lose our licenses, we may not be able to continue developing our products.
- Consumer goods manufacturers and retailers, including some of our clients, are subject to extensive governmental regulation and we and they may be subject to enforcement in the event of noncompliance with applicable requirements.
- We may be subject to claims for products for which we are the vendor of record or may otherwise be in the chain of title.
- We generate revenues and incur expenses throughout the world that are subject to exchange rate fluctuations, and our results of operations may suffer due to currency translations.
- Fluctuations in our tax obligations and effective tax rate and realization of our deferred tax assets may result in volatility of our operating results.
- Risks Related to Ownership of Our Common Stock
- We are controlled by Topco, the Advantage Sponsors, and the CP Sponsor, whose economic and other interests in our business may be different from yours.
- We are a controlled company within the meaning of the Nasdaq Stock Market LLC listing requirements and as a result, may rely on exemptions from certain corporate governance requirements. To the extent we rely on such exemptions, you will not have the same protections afforded to stockholders of companies that are subject to such corporate governance requirements.
- The anti-takeover provisions of our certificate of incorporation and bylaws could prevent or delay a change in control of us, even if such change in control would be beneficial to our stockholders.
- The provisions of our certificate of incorporation and bylaws requiring exclusive venue in the Court of Chancery in the State of Delaware or the federal district courts of the United States of America for certain types of lawsuits may have the effect of discouraging lawsuits against our directors and officers.
- Because we have no current plans to pay cash dividends on our Class A common stock, you may not receive any return on investment unless you sell your Class A common stock for a price greater than that which you paid for it.
- Our failure to meet the continued listing requirements of Nasdaq could result in a delisting of our common stock.
- An active, liquid trading market for our Class A common stock may not be available.
- The trading price of our Class A common stock may be volatile or may decline regardless of our operating performance.
- We cannot provide any guaranty that we will continue to repurchase our common stock pursuant to our stock repurchase program.
- Risks Related to Indebtedness
- We need to continue to generate significant operating cash flow in order to fund our internal investments and acquisitions and to service our debt.
- Our substantial indebtedness could adversely affect our financial health, restrict our activities, and affect our ability to meet our obligations.
- Our recent debt transactions may not achieve their anticipated benefits.
- Despite current indebtedness levels, we and our subsidiaries may still be able to incur additional indebtedness, which could increase the risks associated with our indebtedness.
- Failure to maintain our credit ratings could adversely affect our liquidity, capital position, ability to hedge certain financial risks, borrowing costs, and access to capital markets.
- Our variable rate indebtedness subjects us to interest rate risk, which could cause our debt service obligations to increase significantly.
- General Risk Factors
- Our business and financial results may be affected by various litigation and regulatory proceedings.
- We are subject to many federal, state, local and international laws with which compliance is both costly and complex.
- Our insurance may not provide adequate levels of coverage against claims.
- If securities analysts do not publish research or reports about our business or if they publish negative evaluations of our common stock, the price of our Class A common stock could decline.
- Substantial future sales of our Class A common stock, or the perception in the public markets that these sales may occur, may depress our stock price.
Legal proceedings
We are involved in various legal matters that arise in the ordinary course of our business. Some of these legal matters purport or may be determined to be class and/or representative actions or seek substantial damages or penalties. Some of these legal matters
relate to disputes regarding acquisitions. In connection with certain of the below matters and other legal matters, we have accrued amounts that we believe are appropriate. There can be no assurance, however, that the below matters and other legal matters will not result in us having to make payments in excess of such accruals or that the below matters or other legal matters will not materially or adversely affect our business, financial position, results of operations, or cash flows.
Commercial Matters
We have been involved in various litigation matters and arbitrations with respect to commercial matters arising with various vendors, clients and third parties.
The opening of Item 3, Legal Proceedings.4
Sources
The numbers on this page point here. Each one links to the record it came from.
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- 16SEC EDGARTanya L. Domier, Chair
- 17SEC EDGARJames M. Kilts, Chair
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- 19SEC EDGARDean Kaye, Chief financial officer
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- 27SEC EDGARThomas Brian Turner, Board member
- 28SEC EDGARXiaofeng Yao, Board member
- 29SEC EDGARChristopher J. Baldwin, Board member
- 30SEC EDGARJody L. Macedonio, Board member
- 31SEC EDGARAdam Levyn, Board member
- 32SEC EDGARAdam Nebesar, Board member
- 33SEC EDGARDeborah Poole, Board member
- 34SEC EDGARJames M. Kilts, Board member
- 35SEC EDGARRobin Manherz, Board member
- 36SEC EDGARJonathan D. Sokoloff, Board member
- 37SEC EDGARRyan Cotton, Board member
- 38SEC EDGARTimothy John Flynn, Board member
- 39SEC EDGARBeverly F. Chase, Board member
- 40SEC EDGARCameron Breitner, Board member
- 41SEC EDGARElizabeth Munoz-Guzman, Board member
- 42SEC EDGARTiffany Han, Board member
- 43SEC EDGARVirginie Costa, Board member
- 44SEC EDGARIrene Rosenfeld, Board member
- 45SEC EDGARJoseph J. Schena, Board member
- 46SEC EDGARRonald E. Blaylock, Board member
- 47SEC EDGARExecutive or director change
- 48SEC EDGARResults of operations
- 49SEC EDGARShareholder vote
- 50SEC EDGARResults of operations
- 51SEC EDGARExecutive or director change
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- 55SEC EDGARResults of operations
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- 57SEC EDGARExecutive or director change
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