Advantage Solutions Inc.
For the period ended Sep 30, 2025. Filed Nov 6, 2025.
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A company's report for each of its first three quarters. The financial statements are not audited. It shows how the business has moved since the last annual report, and what management says changed.
Sep 30, 2025 · Filed Nov 6, 2025
ADV$32.29-2.6%Stored close · as of Nov 10, 2026
Extracted filing text, with the paragraph anchors used by the comparison.
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Condensed Consolidated Balance Sheets
| (in thousands, except share data) | September 30, 2025 | December 31, 2024 |
|---|---|---|
| ASSETS | ||
| Current assets | ||
| Cash and cash equivalents | $201,137 | $205,233 |
| Restricted cash | 12,111 | 15,518 |
| Accounts receivable, net of allowance for expected credit losses of $16,811 and $13,047, respectively | 635,353 | 603,069 |
| Prepaid expenses and other current assets | 95,279 | 86,918 |
| Total current assets | 943,880 | 910,738 |
| Property and equipment, net | 100,809 | 97,763 |
| Goodwill | 477,021 | 477,021 |
| Other intangible assets, net | 1,203,881 | 1,332,578 |
| Investments in unconsolidated affiliates | 232,382 | 226,510 |
| Other assets | 35,549 | 61,907 |
| Total assets | $2,993,522 | $3,106,517 |
| LIABILITIES AND STOCKHOLDERS' EQUITY | ||
| Current liabilities | ||
| Current portion of long-term debt | $13,250 | $13,250 |
| Accounts payable | 167,222 | 158,485 |
| Accrued compensation and benefits | 98,785 | 129,486 |
| Other accrued expenses | 119,798 | 134,677 |
| Deferred revenues | 29,828 | 24,164 |
| Total current liabilities | 428,883 | 460,062 |
| Long-term debt, net of current portion | 1,662,158 | 1,686,690 |
| Deferred income tax liabilities | 137,287 | 146,889 |
| Other long-term liabilities | 56,695 | 64,141 |
| Total liabilities | 2,285,023 | 2,357,782 |
| Commitments and contingencies (Note 9) | ||
| Equity attributable to stockholders of Advantage Solutions Inc. | ||
| Common stock, $0.0001 par value, 3,290,000,000 shares authorized; 325,964,565 and 320,773,096 shares issued and outstanding as of September 30, 2025 and December 31, 2024, respectively | 33 | 32 |
| Additional paid in capital | 3,482,842 | 3,466,221 |
| Accumulated deficit | (2,707,617) | (2,641,612) |
| Loans to Karman Topco L.P. | (7,512) | (7,029) |
| Accumulated other comprehensive loss | (5,362) | (15,861) |
| Treasury stock, at cost; 12,894,517 and 12,400,075 shares as of September 30, 2025 and December 31, 2024, respectively | (53,885) | (53,016) |
| Total stockholders' equity | 708,499 | 748,735 |
| Total liabilities and stockholders' equity | $2,993,522 | $3,106,517 |
The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.