Quarterly ResultAug 5, 2026, 02:01 PM
Advantage Solutions Q2 Revenue $889.5M; Net Loss Widens to $62.7M
AI Summary
Advantage Solutions Inc. reported a 1.8% increase in Q2 2026 revenue to $889.5 million, but its net loss widened significantly to $62.7 million from $30.4 million in Q2 2025. For the first six months of 2026, revenue grew 3.7% to $1.76 billion, while net loss expanded to $134.5 million. The company completed a major debt refinancing in March 2026, exchanging 2028 notes for new 9.0% notes due 2030 and securing a new $1.035 billion term loan facility.
Key Highlights
- Q2 2026 revenue increased 1.8% to $889.5 million.
- Q2 2026 net loss widened to $(62.7) million from $(30.4) million YoY.
- Basic loss per share for Q2 2026 was $(4.85), worsening from $(2.35) YoY.
- Completed debt refinancing with new 9.0% Senior Secured Notes due 2030.
- Secured new $1.035 billion 2030 Term Loan Facility.
- Net cash provided by operating activities improved to $17.2 million YTD 2026.
- Cash and cash equivalents decreased to $102.3 million as of June 30, 2026.
- Divested a portion of European joint venture for approximately $28.0 million.
Price Impact
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