Advantage Solutions swings to $25.1 million Q3 net loss; reaffirms 2026 outlook
Advantage Solutions reported third-quarter 2026 revenue of $913.7 million, roughly flat versus $915.0 million a year earlier, and a net loss of $25.1 million, compared with net income of $20.6 million in the prior-year quarter. Adjusted EBITDA fell 14.2% to $85.4 million, and the company announced restructuring actions it expects to save about $25 million annualized, while reiterating its full-year 2026 revenue, Adjusted EBITDA and cash flow guidance.
Key points
- Q3 2026 revenue was $913.7 million versus $915.0 million; Branded Services revenue fell 20.0% to $231.2 million, while Experiential Services rose 14.3% to $431.6 million.
- Q3 net loss was $25.1 million, or $1.96 per share, compared with net income of $20.6 million, or $1.51 diluted per share, a year earlier.
- Restructuring is expected to generate about $25 million in near-term annualized net savings, with $5 million or more in additional savings planned over time.
- Full-year 2026 outlook: revenues flat to up low single digits, Adjusted EBITDA flat to down mid single digits.
The filing
Written by AI on Nov 9, 2026, 11:43 AM ET, from this filing only. Written later: this filing was briefed after the fact, when past filings were added to the site, so the brief may be read with hindsight; the filing itself is the record of what was known on November 04, 2026.
Briefs are written by AI from the filing text and can contain mistakes — open the filing before acting on anything. Impact (1-5) and tone are the AI's reading of the filing for shareholders, not a price forecast. Not investment advice.