---
schema_version: "secwatch.filing_event.v1"
accession: "0000950170-25-068542"
form_type: "8-K"
ticker: "ADV"
cik: "0001776661"
company_name: "Advantage Solutions Inc."
filed_at: "2025-05-12T23:59:59+00:00"
generated_at: "2026-05-22T00:05:59.392737+00:00"
event_type: "earnings"
sentiment: "negative"
materiality_score: 0.7
calibrated_materiality_score: 0.7
confidence: "high"
source: SEC EDGAR
---

# Advantage Solutions Q1 revenue down 5% to $822M; lowers FY2025 guidance

## Summary
- Net loss widened to $56M from $50M; Adjusted EBITDA fell 18% to $58M.
- Branded Services revenue declined 11.9% to $290M; Experiential up 2.2%.
- Guidance cut: FY2025 revenue now down low-single digits to flat (prior up low-single digits).
- Voluntary debt repurchases of ~$20M face value and ~$1M share buybacks in Q1.
- Net leverage ratio at 4.4x; capex guidance unchanged at $65-75M.

## SEC filing metadata
- accession: 0000950170-25-068542
- form_type: 8-K
- ticker: ADV
- cik: 0001776661
- company_name: Advantage Solutions Inc.
- filed_at: 2025-05-12T23:59:59+00:00
- event_type: earnings
- sentiment: negative
- materiality_score: 0.7
- calibrated_materiality_score: 0.7
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1776661/000095017025068542/0000950170-25-068542-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1776661/000095017025068542/adv-20250512.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000950170-25-068542
- JSON: https://secwatch.observer/filing/0000950170-25-068542.json
- Plain text: https://secwatch.observer/filing/0000950170-25-068542.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.