ADV

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Financial Results

3rd Quarter 2026

Advantage Solutions Reports Third Quarter 2026 Results

Strong top and bottom-line results in Experiential and Retailer Services

Announces restructuring actions to drive approximately $25 million in annualized near-term net savings with $5+ million in additional annualized net savings planned over time

Reiterates full-year Revenues, Adjusted EBITDA and cash flow guidance

ST. LOUIS, November 4, 2026 – Advantage Solutions Inc. (NASDAQ: ADV) (“Advantage,” “Advantage Solutions,” the “Company,” “we,” or “our”), a leading business solutions provider to consumer-packaged goods (CPG) brands and retailers, today reported financial results for the three and nine months ended September 30, 2026.

Revenues for the three months ended September 30, 2026 were $913.7 million compared with $915.0 million, and net loss was $25.1 million compared with a net income of $20.6 million.

Q3'26 Financial Highlights

Revenues, net of reimbursable expenses, increased 0.1% to $782 million and Adjusted EBITDA decreased 14.2% to $85 million

Experiential Services delivered another strong quarter with healthy demand signals, Retailer Services returned to both revenue and Adjusted EBITDA growth, while Branded Services remained under pressure

Ended the quarter with $131.3 million in cash and generated $99 million of Adjusted Unlevered Free Cash Flow

“We delivered our fourth consecutive quarter of revenue growth excluding divestitures, driven by continued strength in Experiential and Retailer Services, and we are reaffirming our full-year guidance,” said Dave Peacock, Chief Executive Officer. “The restructuring announced today is expected to generate approximately $25 million in near-term annualized savings net of investment while improving the profitability of our Branded Services business and increasing efficiency across the company. Together with our investments in technology and AI, this next phase of our transformation is designed to translate growth into stronger margins and cash flow, reinforcing our confidence in Advantage’s ability to create sustainable long-term value for our clients, teammates, and shareholders.”

Consolidated Financial Summary

(amounts in thousands)

Three Months Ended September 30,

Change (Reported)

2026

2025

$

%

Total Revenues

$

913,739

$

915,012

$

(1,273)

(0.1%)

Total Net (Loss) Income

$

(25,098)

$

20,565

$

(45,663)

(222.0%)

Total Adjusted EBITDA

$

85,377

$

99,554

$

(14,177)

(14.2%)

Adjusted EBITDA Margin

9.3%

10.9%

Nine Months Ended September 30,

Change (Reported)

2026

2025

$

%

Total Revenues

$

2,672,791

$

2,610,511

$

62,280

2.4%

Total Net Loss

$

(159,636)

$

(66,005)

$

(93,631)

(141.9%)

Total Adjusted EBITDA

$

228,959

$

244,142

$

(15,183)

(6.2%)

Adjusted EBITDA Margin

8.6%

9.4%

Advantage Solutions Inc. | Page 1

Financial Results

3rd Quarter 2026

Segment Financial Summary

Revenues

Segment

Three Months Ended September 30,

Nine Months Ended September 30,

(amounts in thousands)

2026

2025

YoY (Reported)

2026

2025

YoY (Reported)

Branded Services

$

231,152

$

288,804

(20.0%)

$

724,122

$

873,866

(17.1%)

Experiential Services

$

431,619

$

377,707

14.3%

$

1,233,410

$

1,039,433

18.7%

Retailer Services

$

250,968

$

248,501

1.0%

$

715,259

$

697,212

2.6%

Total

$

913,739

$

915,012

(0.1%)

$

2,672,791

$

2,610,511

2.4%

Operating (Loss) Income

Three Months Ended September 30,

Nine Months Ended September 30,

Segment

2026

2025

YoY (Reported)

2026

2025

YoY (Reported)

Branded Services

$

(24,620)

$

8,196

(400.4%)

$

(64,741)

$

(17,666)

(266.5%)

Experiential Services

$

15,190

$

20,912

(27.4%)

$

45,402

$

28,267

60.6%

Retailer Services

$

16,968

$

11,052

53.5%

$

32,731

$

24,949

31.2%

Total

$

7,538

$

40,160

(81.2%)

$

13,392

$

35,550

(62.3%)

Adjusted EBITDA

Three Months Ended September 30,

Nine Months Ended September 30,

Segment

2026

2025

YoY (Reported)

2026

2025

YoY (Reported)

Branded Services

$

17,604

$

41,657

(57.7%)

$

60,263

$

103,638

(41.9%)

Experiential Services

$

35,425

$

35,320

0.3%

$

95,681

$

73,276

30.6%

Retailer Services

$

32,348

$

22,577

43.3%

$

73,015

$

67,228

8.6%

Total

$

85,377

$

99,554

(14.2%)

$

228,959

$

244,142

(6.2%)

Q3'26 Segment Highlights

Branded Services

Experiential Services

Retailer Services

Performance remained under pressure by client losses and unfavorable business mix, with declines in higher-margin headquarter sales and agency

Delivered another strong quarter, supported by healthy demand signals

Delivered a fourth consecutive quarter of revenue growth with stronger project demand

Our Supply Chain and Retail project work grew in Q3 and continues to be a bright spot in the segment

Sustained high levels of execution with Q3 events per day growing 13.5% year-over-year

Double-digit Adjusted EBIT

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Financial Results

2nd Quarter 2026

Advantage Solutions Reports Second Quarter 2026 Results

Solid revenue growth driven by Experiential and Retailer Services

Reiterates full-year Revenues and Adjusted EBITDA guidance ranges

Ended the quarter with $102.3M of cash

ST. LOUIS, August 5, 2026 – Advantage Solutions Inc. (NASDAQ: ADV) (“Advantage,” “Advantage Solutions,” the “Company,” “we,” or “our”), a leading business solutions provider to consumer-packaged goods (CPG) brands and retailers, today reported financial results for the three and six months ended June 30, 2026.

Revenues for the three months ended June 30, 2026 were $889.5 million compared with $873.7 million, and net loss was $62.7 million compared with a net loss of $30.4 million.

Q2'26 Financial Highlights

Revenues increased 1.8% to $889.5 million and Adjusted EBITDA decreased 12.2% to $75.8 million

Experiential Services delivered another strong quarter driven by higher event volumes, while Branded Services remained pressured and Retailer Services was impacted by temporary project timing and execution cost headwinds

Ended the quarter with $102.3 million in cash and generated $18.7 million of adjusted unlevered free cash flow

“Clients continue to prioritize programs that deliver measurable returns, and our second consecutive quarter of revenue growth, together with accelerating demand in Experiential Services, underscores the value of the capabilities we have built across Advantage,” said Advantage CEO Dave Peacock. “As we manage temporary timing and execution pressures in Retailer Services and a more gradual recovery in Branded Services, we are reiterating full-year guidance ranges for revenues, Adjusted EBITDA, and free cash flow. We remain focused on disciplined execution, investing in data and analytics, generating free cash flow, and building a more durable, profitable Advantage.”

Consolidated Financial Summary

(amounts in thousands)

Three Months Ended June 30,

Change (Reported)

2026

2025

$

%

Total Revenues

$

889,450

$

873,707

$

15,743

1.8%

Total Net Loss

$

(62,707)

$

(30,440)

$

(32,267)

(106.0%)

Total Adjusted EBITDA

$

75,837

$

86,412

$

(10,575)

(12.2%)

Adjusted EBITDA Margin

8.5%

9.9%

Six Months Ended June 30,

Change (Reported)

2026

2025

$

%

Total Revenues

$

1,759,051

$

1,695,499

$

63,552

3.7%

Total Net Loss

$

(134,538)

$

(86,570)

$

(47,968)

(55.4%)

Total Adjusted EBITDA

$

143,582

$

144,593

$

(1,011)

(0.7%)

Adjusted EBITDA Margin

8.2%

8.5%

Advantage Solutions Inc. | Page 1

Financial Results

2nd Quarter 2026

Segment Financial Summary

Revenues

Segment

Three Months Ended June 30,

Six Months Ended June 30,

(amounts in thousands)

2026

2025

YoY (Reported)

2026

2025

YoY (Reported)

Branded Services

$

235,979

$

295,221

(20.1%)

$

492,971

$

585,062

(15.7%)

Experiential Services

$

416,311

$

347,706

19.7%

$

801,791

$

661,726

21.2%

Retailer Services

$

237,160

$

230,780

2.8%

$

464,289

$

448,711

3.5%

Total

$

889,450

$

873,707

1.8%

$

1,759,051

$

1,695,499

3.7%

Operating (Loss) Income

Three Months Ended June 30,

Six Months Ended June 30,

Segment

2026

2025

YoY (Reported)

2026

2025

YoY (Reported)

Branded Services

$

(24,058)

$

(10,540)

(128.3%)

$

(40,121)

$

(25,862)

(55.1%)

Experiential Services

$

18,712

$

10,859

72.3%

$

30,212

$

7,355

310.8%

Retailer Services

$

7,038

$

9,692

(27.4%)

$

15,762

$

13,897

13.4%

Total

$

1,692

$

10,011

(83.1%)

$

5,853

$

(4,610)

227.0%

Adjusted EBITDA

Three Months Ended June 30,

Six Months Ended June 30,

Segment

2026

2025

YoY (Reported)

2026

2025

YoY (Reported)

Branded Services

$

21,777

$

34,042

(36.0%)

$

42,659

$

61,987

(31.2%)

Experiential Services

$

34,182

$

25,886

32.0%

$

60,256

$

37,955

58.8%

Retailer Services

$

19,878

$

26,484

(24.9%)

$

40,667

$

44,651

(8.9%)

Total

$

75,837

$

86,412

(12.2%)

$

143,582

$

144,593

(0.7%)

Q2'26 Segment Highlights

Branded Services

Experiential Services

Retailer Services

More gradual recovery expected as constrained CPG spending, insourcing and select client losses pressure the business

Delivered another strong quarter, driven by sustained demo demand, expanding event volumes and strong operational execution

Results impacted by difficult prior-year comp and higher execution costs on a merchandising project

Focused on stabilizing revenues with client retention, greater client engagement, and pipeline conversion

Demand accelerating across existing clients and new vendor launches, supporting more event volume growth

Expect sequential improvement through the second half of 2026 as project activity ramps and project-related earnings volatility moderates

CPG merchandising projects were a relative bright spot, providing encouraging signs for future commercial activity

Expanding capacity and strengthening labor readi

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Financial Results

1st Quarter 2026

Advantage Solutions Reports First Quarter 2026 Results

Strong Experiential Services performance and improved Retailer Services profitability drove Adjusted EBITDA growth

Centralized labor model implementation continues to enhance execution, productivity, and margins

Reaffirming 2026 guidance for Revenues, Adjusted EBITDA and Cash Flow

ST. LOUIS, May 6, 2026 – Advantage Solutions Inc. (NASDAQ: ADV) (“Advantage,” “Advantage Solutions,” the “Company,” “we,” or “our”), a leading business solutions provider to consumer goods manufacturers and retailers, today reported financial results for the three months ended March 31, 2026.

Revenues for the three months ended March 31, 2026 were $869.6 million compared with $821.8 million, and net loss was $71.8 million compared with a net loss of $56.1 million.

Q1'26 Financial Highlights

Revenues increased 5.8% to $869.6 million and Adjusted EBITDA increased 16.4% to $67.7 million

Experiential Services delivered very strong growth driven by higher event volumes and improved execution, while Branded Services remained under pressure, and Retailer Services showed improved profitability

Strengthened the balance sheet through debt reduction and the extension of maturities to 2030, improving liquidity and financial flexibility. Ended the quarter with $144 million in cash after $131 million in debt paydown

“Advantage delivered a solid start to the year, highlighted by strong growth in Experiential Services and disciplined execution across the business,” said Advantage CEO Dave Peacock. “While the environment remains uncertain, we are making meaningful progress on our growth and productivity initiatives, including our centralized labor model and technology transformation. We remain focused on driving efficiency, generating strong cash flow, and positioning the Company for sustainable, profitable growth.”

Consolidated Financial Summary

(amounts in thousands)

Three Months Ended March 31,

Change (Reported)

2026

2025

$

%

Total Revenues

$

869,601

$

821,792

$

47,809

5.8%

Total Net Loss

$

(71,831)

$

(56,130)

$

(15,701)

(28.0%)

Total Adjusted EBITDA

$

67,747

$

58,181

$

9,566

16.4%

Adjusted EBITDA Margin

7.8%

7.1%

Advantage Solutions Inc. | Page 1

Financial Results

1st Quarter 2026

Segment Financial Summary

Revenues

Segment

Three Months Ended March 31,

(amounts in thousands)

2026

2025

YoY (Reported)

Branded Services

$

256,992

$

289,841

(11.3%)

Experiential Services

$

385,480

$

314,020

22.8%

Retailer Services

$

227,129

$

217,931

4.2%

Total

$

869,601

$

821,792

5.8%

Operating (Loss) Income

Three Months Ended March 31,

Segment

2026

2025

YoY (Reported)

Branded Services

$

(16,061)

$

(15,322)

(4.8%)

Experiential Services

$

11,499

$

(3,504)

NMF

Retailer Services

$

8,724

$

4,205

NMF

Total

$

4,162

$

(14,621)

NMF

Adjusted EBITDA

Three Months Ended March 31,

Segment

2026

2025

YoY (Reported)

Branded Services

$

20,882

$

27,945

(25.3%)

Experiential Services

$

26,077

$

12,069

116.1%

Retailer Services

$

20,788

$

18,167

14.4%

Total

$

67,747

$

58,181

16.4%

Q1'26 Segment Highlights

Branded Services

Experiential Services

Retailer Services

Continued macro pressure, client insourcing, procurement, and select client losses with stabilization initiatives underway

Strong Q1 results, with events growth of nearly 20% and improved execution rate (94%) year-over-year and sequentially

Revenues and Adjusted EBITDA growth supported by new business wins, pricing, and key client program ramps.

Focused on stabilizing the revenue base with stronger client retention, executive engagement, and targeted growth opportunities

Increasing profitability by advancing the centralized labor model rollout, enhancing training and safety protocols, and shifting mix towards higher margin events

Q1 featured a more moderate impact of the channel mix shift and improving

conversion trends in the retail merchandising business

Enhancing our value proposition through partnerships, data/analytics, and tools like Pulse to deliver measurable ROI

Expecting continued momentum through the year

Solid pipeline momentum with new customers and programs expected to support growth

Advantage Solutions Inc. | Page 2

Financial Results

1st Quarter 2026

Cash Flow and Balance Sheet Highlights

(Amounts in Millions)

Period Ended

March 31, 2026

Adjusted Unlevered Free Cash Flow / % of Adjusted EBITDA

$74.4 / 109.8%

Capex

$11

Gross Debt

$1,592

Cash and Cash Equivalents

$144

Net Leverage Ratio(1)

4.2x

Fiscal Year 2026 Outlook (Amounts in Millions)

Revenues

Flat to Up Low Single Digits

Adjusted EBITDA

Flat to Down Mid Single Digits

Adjusted Unlevered Free Cash Flow Conversion(2)

Unlevered: $250 – $275M

Net: ~25% of EBITDA

Net Interest Expense

$160 to $170

Capex

$50 to $60

2026 revenue outlook excludes reimbursabl