Advantage Reports Q3 2025 Earnings with Mixed Performance Across Segments
Advantage (ADV) reported Q3 2025 earnings with total revenue of $781 million, a 2.6% decline, driven by softness in Branded Services and timing-related declines in Retailer Services. The Experiential segment showed strength with 8% revenue growth and a 52% increase in adjusted EBITDA. The company ended the quarter with $201 million in cash and a net leverage ratio of 4.4x adjusted EBITDA.

Topics: adjusted EBITDA cash flow earnings revenue segments