Filing Flows › Advantage Solutions (ADV) › Q1 2026
Advantage Solutions (ADV) Q1 2026 earnings results (first quarter 2026)
10-Q filed May 6, 2026
Advantage Solutions (ADV) reported revenue of $870M for the first quarter 2026 (Q1 2026), +6% from a year earlier and -7% from the quarter before. Operating margin was 0.5%, net loss $71.8M (8.3% of revenue).
Advantage Solutions, Q1 2026: revenue $870M (+6% year over year), operating margin 0.5%, net loss $71.8M, operating cash flow $23.7M. The chart follows the revenue to costs, profit and cash.
| Q1 2026 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $870M | -7% | +6% |
| Operating profit | $4.2M | — | — |
| Net earnings | −$71.8M | — | — |
| Operating cash flow | $23.7M | -48% | — |
| Free cash flow | $12.3M | -82% | — |
What changed
Revenue was $869.6M in Q1 2026, up 6% year over year and down 7% from the previous quarter.
Operating profit was $4.2M, a 0.5% margin (up 2.3 points year over year). Total costs grew 3% against revenue growth of 6%. The quarter ended with a net loss of $71.8M, narrower than the previous quarter's $161.7M loss. Net interest and other expense of $52.7M was the main reason.
Operating cash flow was $23.7M. Non-cash charges added back $51.6M of depreciation and amortization. Working capital and other items added $44.0M. Capital expenditures of $11.4M left free cash flow of $12.3M.
Questions
What was Advantage Solutions' revenue in the first quarter 2026?
Advantage Solutions (ADV) reported revenue of $870M for the first quarter 2026 (Q1 2026), +6% from a year earlier and -7% from the quarter before.
Was Advantage Solutions profitable in the first quarter 2026?
Operating profit was $4.2M (0.5% of revenue) and net loss $71.8M.