Advantage Solutions (ADV) Operating Expenses (2019 - 2026)
Advantage Solutions (ADV) posted Operating Expenses of $887.76 million for Q2 2026, up 2.8% from $863.7 million a year earlier and up 2.6% from the prior quarter.
Advantage Solutions (ADV) Operating Expenses (2019 - 2026) Analysis & Trends
For the trailing twelve months through Jun 30, 2026, Operating Expenses at Advantage Solutions was $3.72 billion, up 0.5% year-over-year; for FY2025, it came in at $3.67 billion, down 5.0% from FY2024.
- Annual Operating Expenses shows a five-year compound annual growth rate of 3.5% (FY2020 to FY2025).
- In prior years, Advantage Solutions' Operating Expenses was $3.86 billion in FY2024 (+0.2%), $3.85 billion in FY2023 (-25.0%), $5.14 billion in FY2022 (+52.4%) and $3.37 billion in FY2021 (+9.2%).
- Quarterly Operating Expenses has run from a low of $738.44 million in Q4 2023 to a high of $2.29 billion in Q4 2022 over five years.
- On a year-over-year basis, Operating Expenses has increased in each of the last three quarters, with growth averaging 2.8% over the last eight quarters.
- The strongest year-over-year quarter for Operating Expenses in the past five years was Q4 2022, with growth of 141.7%; the weakest was Q4 2023, with a decline of 67.8%.
- According to Business Quant data, Operating Expenses for the three prior quarters was $865.44 million (Q1 2026), $1.09 billion (Q4 2025) and $874.85 million (Q3 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Opex (Qtr) |
|---|---|---|---|---|---|
| 1 | Accenture | 146.43 Bn | 105.71 Bn | 6.13 Bn | 15.54 Bn |
| 2 | Cintas | 86.79 Bn | 85.87 Bn | 1.55 Bn | 841.66 Mn |
| 3 | Iron Mountain | 33.63 Bn | 32.82 Bn | 1.07 Bn | 1.66 Bn |
| 4 | APi | 17.31 Bn | 14.35 Bn | 703.00 Mn | 528.00 Mn |
| 5 | Rollins | 16.03 Bn | 15.57 Bn | 569.95 Mn | 877.22 Mn |
| 6 | UL Solutions | 14.80 Bn | 13.55 Bn | 417.00 Mn | 267.00 Mn |
| 7 | Aramark | 14.78 Bn | 12.73 Bn | 430.34 Mn | 4.84 Bn |
| 8 | Gartner | 14.60 Bn | 8.29 Bn | 1.19 Bn | 1.30 Bn |
| 9 | Rentokil Initial | 10.70 Bn | 4.21 Bn | - | - |
| 10 | Advantage Solutions | 364.52 Mn | -372.20 Mn | 105.62 Mn | 887.76 Mn |
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 887.76 Mn |
| Mar 31, 2026 | 865.44 Mn |
| Dec 31, 2025 | 1.09 Bn |
| Sep 30, 2025 | 874.85 Mn |
| Jun 30, 2025 | 863.70 Mn |
| Mar 31, 2025 | 836.41 Mn |
| Dec 31, 2024 | 1.06 Bn |
| Sep 30, 2024 | 942.45 Mn |
| Jun 30, 2024 | 964.62 Mn |
| Mar 31, 2024 | 891.36 Mn |
| Dec 31, 2023 | 738.44 Mn |
| Sep 30, 2023 | 1.01 Bn |
| Jun 30, 2023 | 948.51 Mn |
| Mar 31, 2023 | 937.64 Mn |
| Dec 31, 2022 | 2.29 Bn |
| Sep 30, 2022 | 1.00 Bn |
| Jun 30, 2022 | 952.81 Mn |
| Mar 31, 2022 | 891.78 Mn |
| Dec 31, 2021 | 948.15 Mn |
| Sep 30, 2021 | 863.16 Mn |
Advantage Solutions Operating Expenses API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=operating-expenses&ticker=ADV&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "operating-expenses", "ticker": "ADV", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()
const res = await fetch("https://data.businessquant.com/historic?slug=operating-expenses&ticker=ADV&period=max&api_key=YOUR_API_KEY");
const data = await res.json();