---
schema_version: "secwatch.filing_event.v1"
accession: "0001193125-25-268048"
form_type: "8-K"
ticker: "ADV"
cik: "0001776661"
company_name: "Advantage Solutions Inc."
filed_at: "2025-11-06T23:59:59+00:00"
generated_at: "2026-05-16T23:53:58.034582+00:00"
event_type: "earnings"
sentiment: "negative"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# Advantage Solutions Q3 net income $21M vs loss; cuts FY Adj EBITDA outlook

## Summary
- Q3 revenue $915M (-2.6% YoY); net income $21M vs loss $37M a year ago.
- Adjusted EBITDA $100M (-1.4% YoY); margin up 20bps to 10.9%; experiential services drove growth.
- Experiential Services revenue +10.2% to $378M, adjusted EBITDA +51.6% to $35M; branded services -12.8%.
- Generated $98M adjusted unlevered free cash flow; cash $201M; net leverage 4.4x.
- FY2025 outlook: revenue down low-single-digit to flat; Adj EBITDA down mid-single digits, modestly lowered.

## SEC filing metadata
- accession: 0001193125-25-268048
- form_type: 8-K
- ticker: ADV
- cik: 0001776661
- company_name: Advantage Solutions Inc.
- filed_at: 2025-11-06T23:59:59+00:00
- event_type: earnings
- sentiment: negative
- materiality_score: 0.75
- calibrated_materiality_score: 0.75
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1776661/000119312525268048/0001193125-25-268048-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1776661/000119312525268048/adv-20251106.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001193125-25-268048
- JSON: https://secwatch.observer/filing/0001193125-25-268048.json
- Plain text: https://secwatch.observer/filing/0001193125-25-268048.txt

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