Quarterly ResultMay 6, 2026, 07:08 AM
Advantage Solutions Q1 Revenue +5.8% to $869.6M; Adj. EBITDA +16.4%
AI Summary
Advantage Solutions Inc. reported a solid start to 2026 with total revenues increasing 5.8% to $869.6 million and Adjusted EBITDA growing 16.4% to $67.7 million for the first quarter. This growth was primarily driven by strong performance in Experiential Services and improved profitability in Retailer Services, despite continued pressure in Branded Services. The company also strengthened its balance sheet through debt reduction and extended maturities, while reaffirming its full-year 2026 guidance for revenues, Adjusted EBITDA, and cash flow.
Key Highlights
- Total revenues increased 5.8% to $869.6 million in Q1 2026 from $821.8 million in Q1 2025.
- Adjusted EBITDA grew 16.4% to $67.7 million in Q1 2026 from $58.2 million in Q1 2025.
- Net loss widened to $71.8 million in Q1 2026 from $56.1 million in Q1 2025.
- Experiential Services revenue surged 22.8% to $385.5 million, with Adjusted EBITDA up 116.1% to $26.1 million.
- Branded Services revenue decreased 11.3% to $257.0 million, and Adjusted EBITDA fell 25.3% to $20.9 million.
- Retailer Services revenue rose 4.2% to $227.1 million, with Adjusted EBITDA increasing 14.4% to $20.8 million.
- The company ended the quarter with $144 million in cash after $131 million in debt paydown.
- Reaffirmed 2026 guidance: revenues flat to up low single digits, Adjusted EBITDA flat to down mid-single digits.