Advantage Solutions (ADV) Operating Expenses (2019 - 2026)
Advantage Solutions (ADV) reported Operating Expenses of $865.4 million for Q1 2026, up 332.73% on a YoY basis from $200.0 million in Q1 2025, and down 71.73% sequentially from $3.1 billion in Q4 2025.
Advantage Solutions (ADV) Operating Expenses (2019 - 2026) Analysis & Trends
Advantage Solutions (ADV) has 8 years of Operating Expenses data on file, last reported at $865.4 million in Q1 2026.
- For the quarter ending Q1 2026, Operating Expenses rose 332.73% year-over-year to $865.4 million; the trailing twelve-month figure through Mar 2026 stood at $5.0 billion (up 114.44% YoY), and the FY2025 full-year result was $3.7 billion, up 346.63% from the prior year.
- Operating Expenses fell to $865.4 million in Q1 2026, from $3.1 billion in the prior quarter.
- In the past five years, Operating Expenses ranged from a high of $3.1 billion in Q4 2025 to a low of -$2.0 billion in Q4 2022.
- A 5-year average of $703.0 million and a median of $891.8 million in 2022 frame the typical range for Operating Expenses.
- Across the five-year window, Operating Expenses sank 315.46% in 2022 and surged 1292.67% in 2025, its largest moves.
- Tracing ADV's Operating Expenses over 5 years: stood at -$2.0 billion in 2022, then soared by 136.15% to $738.4 million in 2023, then plunged by 70.23% to $219.8 million in 2024, then surged by 1292.67% to $3.1 billion in 2025, then slumped by 71.73% to $865.4 million in 2026.
- Business Quant data shows ADV's Operating Expenses at $865.4 million in Q1 2026, $3.1 billion in Q4 2025, and $874.9 million in Q3 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Opex (Qtr) |
|---|---|---|---|---|---|
| 1 | AppLovin | 134.57 Bn | 131.82 Bn | 1.64 Bn | 402.52 Mn |
| 2 | Wpp | 26.03 Bn | 22.66 Bn | - | - |
| 3 | Omnicom | 22.21 Bn | 18.26 Bn | 1.04 Bn | 5.60 Bn |
| 4 | Trade Desk | 7.97 Bn | 6.56 Bn | 506.89 Mn | 622.21 Mn |
| 5 | Magnite | 2.57 Bn | 2.39 Bn | 103.96 Mn | 156.65 Mn |
| 6 | Ziff Davis | 1.94 Bn | 1.42 Bn | 223.32 Mn | 264.71 Mn |
| 7 | Stagwell | 1.76 Bn | 1.66 Bn | 244.61 Mn | 694.50 Mn |
| 8 | DoubleVerify Holdings | 1.67 Bn | 1.50 Bn | 147.67 Mn | 71.31 Mn |
| 9 | Clear Channel Outdoor Holdings | 1.20 Bn | 1.03 Bn | 193.76 Mn | 97.41 Mn |
| 10 | Advantage Solutions | 442.13 Mn | 298.26 Mn | 108.03 Mn | 865.44 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 865.44 Mn |
| Dec 31, 2025 | 3.06 Bn |
| Sep 30, 2025 | 874.85 Mn |
| Jun 30, 2025 | 188.09 Mn |
| Mar 31, 2025 | 199.99 Mn |
| Dec 31, 2024 | 219.81 Mn |
| Sep 30, 2024 | 942.45 Mn |
| Jun 30, 2024 | 964.62 Mn |
| Mar 31, 2024 | 190.08 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 | -2.04 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 |
| Jun 30, 2021 | 807.51 Mn |