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Side-by-side financial comparison of Advantage Solutions Inc. (ADV) and Envista Holdings Corp (NVST). Click either name above to swap in a different company.

Advantage Solutions Inc. is the larger business by last-quarter revenue ($932.1M vs $750.6M, roughly 1.2× Envista Holdings Corp). Envista Holdings Corp runs the higher net margin — 4.4% vs -17.4%, a 21.7% gap on every dollar of revenue. On growth, Envista Holdings Corp posted the faster year-over-year revenue change (15.0% vs 4.5%). Envista Holdings Corp produced more free cash flow last quarter ($91.7M vs $23.4M). Over the past eight quarters, Envista Holdings Corp's revenue compounded faster (9.7% CAGR vs 4.0%).

LexisNexis Risk Solutions is a global data and analytics company that provides data and technology services, analytics, predictive insights, and fraud prevention for a wide range of industries. It is headquartered in Alpharetta, Georgia, and has offices throughout the U.S. and in Australia, Brazil, China, France, Hong Kong, India, Ireland, Israel, the Philippines, and the United Kingdom.

Envista Forensics is a United States based company that provides forensic engineering and recovery solutions for the insurance, legal, and risk management industries in the United States and internationally. Originally LWG Consulting, Inc., The company rebranded itself as Envista Forensics in 2017.

ADV vs NVST — Head-to-Head

Bigger by revenue
ADV
ADV
1.2× larger
ADV
$932.1M
$750.6M
NVST
Growing faster (revenue YoY)
NVST
NVST
+10.5% gap
NVST
15.0%
4.5%
ADV
Higher net margin
NVST
NVST
21.7% more per $
NVST
4.4%
-17.4%
ADV
More free cash flow
NVST
NVST
$68.3M more FCF
NVST
$91.7M
$23.4M
ADV
Faster 2-yr revenue CAGR
NVST
NVST
Annualised
NVST
9.7%
4.0%
ADV

Income Statement — Q4 FY2025 vs Q4 FY2025

Metric
ADV
ADV
NVST
NVST
Revenue
$932.1M
$750.6M
Net Profit
$-161.7M
$32.9M
Gross Margin
54.7%
Operating Margin
-17.4%
9.8%
Net Margin
-17.4%
4.4%
Revenue YoY
4.5%
15.0%
Net Profit YoY
9.2%
2641.7%
EPS (diluted)
$0.20

Green = leading value per metric. Periods may differ when fiscal calendars don't align.

8-Quarter Revenue & Profit Trend

Side-by-side quarterly history. Quarters aligned by calendar period so offset fiscal years line up.

Revenue
ADV
ADV
NVST
NVST
Q4 25
$932.1M
$750.6M
Q3 25
$915.0M
$669.9M
Q2 25
$873.7M
$682.1M
Q1 25
$821.8M
$616.9M
Q4 24
$892.3M
$652.9M
Q3 24
$939.3M
$601.0M
Q2 24
$873.4M
$633.1M
Q1 24
$861.4M
$623.6M
Net Profit
ADV
ADV
NVST
NVST
Q4 25
$-161.7M
$32.9M
Q3 25
$20.6M
$-30.3M
Q2 25
$-30.4M
$26.4M
Q1 25
$-56.1M
$18.0M
Q4 24
$-178.0M
$1.2M
Q3 24
$-42.8M
$8.2M
Q2 24
$-100.8M
$-1.2B
Q1 24
$-5.3M
$23.6M
Gross Margin
ADV
ADV
NVST
NVST
Q4 25
54.7%
Q3 25
55.3%
Q2 25
54.2%
Q1 25
54.5%
Q4 24
57.1%
Q3 24
52.8%
Q2 24
51.6%
Q1 24
57.1%
Operating Margin
ADV
ADV
NVST
NVST
Q4 25
-17.4%
9.8%
Q3 25
4.4%
8.6%
Q2 25
1.1%
6.8%
Q1 25
-1.8%
6.3%
Q4 24
-19.1%
7.1%
Q3 24
-0.3%
3.5%
Q2 24
-10.4%
-182.2%
Q1 24
-3.5%
7.7%
Net Margin
ADV
ADV
NVST
NVST
Q4 25
-17.4%
4.4%
Q3 25
2.2%
-4.5%
Q2 25
-3.5%
3.9%
Q1 25
-6.8%
2.9%
Q4 24
-20.0%
0.2%
Q3 24
-4.6%
1.4%
Q2 24
-11.5%
-181.9%
Q1 24
-0.6%
3.8%
EPS (diluted)
ADV
ADV
NVST
NVST
Q4 25
$0.20
Q3 25
$-0.18
Q2 25
$0.16
Q1 25
$0.10
Q4 24
$0.00
Q3 24
$-0.13
$0.05
Q2 24
$-0.31
$-6.69
Q1 24
$-0.02
$0.14

Balance Sheet & Financial Strength

Snapshot of each company's liquidity, leverage and book value from the latest quarter.

Metric
ADV
ADV
NVST
NVST
Cash + ST InvestmentsLiquidity on hand
$240.8M
$1.2B
Total DebtLower is stronger
$1.7B
$1.4B
Stockholders' EquityBook value
$554.0M
$3.1B
Total Assets
$2.8B
$5.7B
Debt / EquityLower = less leverage
3.05×
0.47×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
ADV
ADV
NVST
NVST
Q4 25
$240.8M
$1.2B
Q3 25
$201.1M
$1.1B
Q2 25
$102.9M
$1.1B
Q1 25
$121.1M
$1.1B
Q4 24
$205.2M
$1.1B
Q3 24
$196.1M
$991.3M
Q2 24
$154.0M
$1.0B
Q1 24
$112.3M
$948.5M
Total Debt
ADV
ADV
NVST
NVST
Q4 25
$1.7B
$1.4B
Q3 25
$1.4B
Q2 25
$1.4B
Q1 25
$1.4B
Q4 24
$1.7B
$1.4B
Q3 24
$1.4B
Q2 24
$1.5B
Q1 24
$1.5B
Stockholders' Equity
ADV
ADV
NVST
NVST
Q4 25
$554.0M
$3.1B
Q3 25
$708.5M
$3.1B
Q2 25
$683.6M
$3.1B
Q1 25
$695.6M
$3.0B
Q4 24
$748.7M
$2.9B
Q3 24
$932.5M
$3.1B
Q2 24
$973.7M
$3.0B
Q1 24
$1.1B
$4.1B
Total Assets
ADV
ADV
NVST
NVST
Q4 25
$2.8B
$5.7B
Q3 25
$3.0B
$5.6B
Q2 25
$3.0B
$5.7B
Q1 25
$3.0B
$5.5B
Q4 24
$3.1B
$5.4B
Q3 24
$3.4B
$5.5B
Q2 24
$3.5B
$5.4B
Q1 24
$3.6B
$6.6B
Debt / Equity
ADV
ADV
NVST
NVST
Q4 25
3.05×
0.47×
Q3 25
0.47×
Q2 25
0.46×
Q1 25
0.47×
Q4 24
2.30×
0.48×
Q3 24
0.46×
Q2 24
0.51×
Q1 24
0.36×

Cash Flow & Capital Efficiency

How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.

Metric
ADV
ADV
NVST
NVST
Operating Cash FlowLast quarter
$45.6M
$108.0M
Free Cash FlowOCF − Capex
$23.4M
$91.7M
FCF MarginFCF / Revenue
2.5%
12.2%
Capex IntensityCapex / Revenue
2.4%
2.2%
Cash ConversionOCF / Net Profit
3.28×
TTM Free Cash FlowTrailing 4 quarters
$10.7M
$230.4M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
ADV
ADV
NVST
NVST
Q4 25
$45.6M
$108.0M
Q3 25
$63.6M
$78.7M
Q2 25
$-8.1M
$88.7M
Q1 25
$-39.6M
$300.0K
Q4 24
$15.1M
$132.4M
Q3 24
$34.0M
$70.7M
Q2 24
$53.4M
$93.1M
Q1 24
$-9.4M
$40.3M
Free Cash Flow
ADV
ADV
NVST
NVST
Q4 25
$23.4M
$91.7M
Q3 25
$52.2M
$67.9M
Q2 25
$-10.2M
$76.4M
Q1 25
$-54.7M
$-5.6M
Q4 24
$-27.4M
$123.8M
Q3 24
$8.6M
$63.3M
Q2 24
$43.8M
$86.3M
Q1 24
$-24.8M
$29.3M
FCF Margin
ADV
ADV
NVST
NVST
Q4 25
2.5%
12.2%
Q3 25
5.7%
10.1%
Q2 25
-1.2%
11.2%
Q1 25
-6.7%
-0.9%
Q4 24
-3.1%
19.0%
Q3 24
0.9%
10.5%
Q2 24
5.0%
13.6%
Q1 24
-2.9%
4.7%
Capex Intensity
ADV
ADV
NVST
NVST
Q4 25
2.4%
2.2%
Q3 25
1.3%
1.6%
Q2 25
0.2%
1.8%
Q1 25
1.8%
1.0%
Q4 24
4.8%
1.3%
Q3 24
2.7%
1.2%
Q2 24
1.1%
1.1%
Q1 24
1.8%
1.8%
Cash Conversion
ADV
ADV
NVST
NVST
Q4 25
3.28×
Q3 25
3.09×
Q2 25
3.36×
Q1 25
0.02×
Q4 24
110.33×
Q3 24
8.62×
Q2 24
Q1 24
1.71×

Financial Flow Comparison

Revenue → gross profit → operating profit → net profit for each company.

Revenue Breakdown by Segment

ADV
ADV

Experiential Services$395.9M42%
Branded Services$289.8M31%
Retailer Services$246.5M26%

NVST
NVST

Other$375.8M50%
Specialty Productsand Technologies$188.4M25%
Equipmentand Consumables$186.4M25%

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