v3.25.4
CONSOLIDATED STATEMENTS OF OPERATIONS AND COMPREHENSIVE LOSS - USD ($)
$ in Thousands
12 Months Ended
Dec. 31, 2025
Dec. 31, 2024
Dec. 31, 2023
Revenues $ 3,542,642 $ 3,566,324 $ 3,900,125
Cost of revenues (exclusive of depreciation and amortization shown separately below) 3,048,295 3,059,052 3,415,046
Selling, general, and administrative expenses 276,060 324,596 250,235
Impairment of goodwill and indefinite-lived asset 203,685 275,170 43,500
Depreciation and amortization 202,258 204,553 208,856
Income from investment in European joint venture and other (7,491) (2,064) (5,210)
Gain on legal matters (25,716) 0 0
Gain on divestitures and deconsolidation of subsidiaries (27,983) 0 (58,891)
Total operating expenses 3,669,108 3,861,307 3,853,536
Operating (loss) income from continuing operations (126,466) (294,983) 46,589
Other expenses (income):      
Change in fair value of warrant liabilities (83) (584) (286)
Interest expense, net 138,936 146,792 165,734
Total other expenses, net 138,853 146,208 165,448
Loss from continuing operations before benefit from income taxes (265,319) (441,191) (118,859)
Benefit from income taxes from continuing operations (37,584) (62,787) (37,648)
Net loss from continuing operations (227,735) (378,404) (81,211)
Net income from discontinued operations, net of tax 0 53,634 20,829
Net loss (227,735) (324,770) (60,382)
Less: net income from continuing operations attributable to noncontrolling interest, net of tax 0 0 2,346
Less: net income from discontinued operations attributable to noncontrolling interest, net of tax 0 2,192 594
Net loss attributable to stockholders of Advantage Solutions Inc. $ (227,735) $ (326,962) $ (63,322)
Net (loss) income per common share:      
Basic loss per common share from continuing operations attributable to stockholders of Advantage Solutions Inc. $ (0.7) $ (1.18) $ (0.26)
Basic income per common share from discontinued operations attributable to stockholders of Advantage Solutions Inc. 0 0.16 0.06
Diluted net (loss) income per share:      
Diluted loss per common share from continuing operations attributable to stockholders of Advantage Solutions Inc. (0.7) (1.18) (0.26)
Diluted income per common share from discontinued operations attributable to stockholders of Advantage Solutions Inc. $ 0 $ 0.16 $ 0.06
Weighted-average number of common shares:      
Basic 324,564,046 321,515,982 323,677,515
Diluted 324,564,046 321,515,982 323,677,515
Comprehensive Income (Loss):      
Net loss attributable to stockholders of Advantage Solutions Inc. $ (227,735) $ (326,962) $ (63,322)
Other comprehensive income (loss), net of tax:      
Foreign currency translation adjustments 11,703 (9,485) 5,817
Total comprehensive loss attributable to stockholders of Advantage Solutions Inc. $ (216,032) $ (336,447) $ (57,505)