Stagwell Inc
Business
Stagwell Inc. is a global challenger marketing services network delivering scaled creative performance and marketing technology through five integrated business segments. The company provides marketing services, digital transformation, media & commerce, communications (including advocacy), and proprietary SaaS and DaaS technology solutions through The Marketing Cloud. Stagwell serves over 4,500 clients across more than 34 countries through owned brands and a global affiliate network of over 70 partners, competing with legacy holding companies and emerging tech-driven competitors.
Summary from 10-K filed 2026-03-13
Financials
Consolidated Statement of Income
| Concept | Trend | FY 2025 2025-12-31 | FY 2024 2024-12-31 | FY 2023 2023-12-31 | FY 2022 2022-12-31 | FY 2021 2021-12-31 |
|---|---|---|---|---|---|---|
| Revenues | 2,909 | 2,841 | 2,527 | 2,688 | 1,469 | |
| Cost of services | 1,846 | 1,843 | 1,621 | 1,674 | 907 | |
| Office and general expenses | 732 | 712 | 661 | 602 | 424 | |
| Depreciation and amortization | 171 | 152 | 143 | 131 | 78 | |
| Impairment and other losses | 466,000 | 2 | 11 | 122 | 16 | |
| Costs and Expenses, Total | 2,750 | 2,708 | 2,437 | 2,529 | 1,425 | |
| Operating Income (Loss), Total | 159 | 133 | 91 | 159 | 45 | |
| Interest expense, net | −96 | −92 | −91 | −76 | −32 | |
| Foreign exchange, net | −2 | −2 | −3 | −3 | −3 | |
| Other, net | 171,000 | −1 | −359,000 | −5 | 7 | |
| Nonoperating Income (Expense), Total | −90 | −95 | 542,000 | −84 | 15 | |
| Income before income taxes and equity in earnings of non-consolidated affiliates | 69 | 38 | 91 | 76 | 60 | |
| Income tax expense | 38 | 13 | 41 | 25 | 23 | |
| Income before equity in earnings of non-consolidated affiliates | 31 | 25 | 51 | 50 | 36 | |
| Equity in income (loss) of non-consolidated affiliates | 111,000 | 503,000 | −9 | −79,000 | −240,000 | |
| Net income | 31 | 25 | 42 | 50 | 36 | |
| Net income attributable to noncontrolling and redeemable noncontrolling interests | −2 | −23 | −42 | −30 | −15 | |
| Net income attributable to Stagwell Inc. common shareholders | 29 | 2 | 134,000 | 20 | 21 | |
| Earnings per share, basic | 0.13 | 0.02 | 0 | 0.16 | −0.04 | |
| Earnings per share, diluted | 0.08 | 0.02 | 0 | 0.12 | −0.04 | |
| Weighted Average Number of Shares Outstanding, Basic | 221 | 111 | 117 | 124 | 90 | |
| Weighted Average Number of Shares Outstanding, Diluted | 265 | 116 | 122 | 297 | 90 | |
| Gain (loss) on disposition of business | −2 | 0 | 95 | 0 | 43 | |
| Business Combination, Bargain Purchase, Gain Recognized, Amount | 10 | — | — | — | — |
Consolidated Balance Sheet
| Concept | Trend | FY 2025 2025-12-31 | FY 2024 2024-12-31 | FY 2023 2023-12-31 | FY 2022 2022-12-31 | FY 2021 2021-12-31 |
|---|---|---|---|---|---|---|
| Cash and cash equivalents | 105 | 131 | 120 | 221 | 184 | |
| Accounts receivable, net | 736 | 716 | 697 | 646 | 697 | |
| Expenditures billable to clients | 165 | 173 | 114 | 93 | 63 | |
| Other current assets | 157 | 114 | 94 | 74 | 62 | |
| Assets, Current, Total | 1,162 | 1,135 | 1,025 | 1,034 | 1,006 | |
| Fixed assets, net | 73 | 73 | 78 | 99 | 98 | |
| Operating Lease, Right-of-Use Asset | 214 | 219 | 254 | 274 | 312 | |
| Goodwill | 1,595 | 1,554 | 1,499 | 1,567 | 1,653 | |
| Other intangible assets, net | 834 | 837 | 818 | 908 | 959 | |
| Deferred Tax Assets, Tax Deferred Expense | 281 | 47 | — | — | — | |
| Other assets | 55 | 43 | 93 | 116 | 29 | |
| Assets, Total | 4,215 | 3,908 | 3,767 | 3,997 | 4,056 | |
| Accounts payable | 548 | 449 | 415 | 357 | 272 | |
| Accrued media | 239 | 246 | 292 | 241 | 238 | |
| Accruals and other liabilities | 292 | 265 | 233 | 269 | 273 | |
| Advance billings | 330 | 295 | 302 | 337 | 362 | |
| Current portion of lease liabilities - operating leases | 55 | 60 | 66 | 76 | 72 | |
| Current portion of deferred acquisition consideration | 15 | 52 | 67 | 90 | 78 | |
| Liabilities, Current, Total | 1,480 | 1,367 | 1,374 | 1,370 | 1,294 | |
| Long-term debt | 1,326 | 1,354 | 1,146 | 1,185 | 1,192 | |
| Long-term portion of deferred acquisition consideration | 25 | 50 | 34 | 71 | 144 | |
| Long-term lease liabilities - operating leases | 224 | 245 | 281 | 294 | 343 | |
| Deferred Tax Liabilities, Tax Deferred Income | 55 | 47 | — | — | — | |
| Long-term tax receivable agreement liability | 252 | 25 | — | — | — | |
| Other liabilities | 51 | 34 | 55 | 68 | 57 | |
| Liabilities, Total | 3,413 | 3,123 | 2,931 | 3,029 | 3,133 | |
| Redeemable Noncontrolling Interest, Equity, Fair Value | 25 | 8 | 11 | 39 | 43 | |
| Commitments and Contingencies | — | — | — | — | — | |
| Paid-in capital | 744 | 344 | 348 | 492 | 383 | |
| Retained earnings | 33 | 12 | 21 | 22 | −7 | |
| Accumulated other comprehensive loss | −19 | −24 | −13 | −15 | −5 | |
| Stagwell Inc. shareholders equity | 758 | 332 | 357 | 499 | 371 | |
| Noncontrolling interests | 18 | 445 | 469 | 430 | 508 | |
| Total shareholders equity | 776 | 777 | 825 | 929 | 879 | |
| Liabilities and Equity, Total | 4,215 | 3,908 | 3,767 | 3,997 | 4,056 |
Consolidated Statement of Cash Flows
| Concept | Trend | FY 2025 2025-12-31 | FY 2024 2024-12-31 | FY 2023 2023-12-31 | FY 2022 2022-12-31 | FY 2021 2021-12-31 |
|---|---|---|---|---|---|---|
| Stock-based compensation | 54 | 52 | 57 | 33 | 75 | |
| Operating Lease, Right-of-Use Asset, Amortization Expense | 67 | 75 | 77 | 77 | 59 | |
| Impairment and other losses | −3 | 2 | 11 | — | — | |
| Deferred income taxes | 10 | −11 | 19 | −18 | −4 | |
| Adjustment To Deferred Acquisition Consideration | −7 | 23 | 13 | −13 | 19 | |
| Other, net | 8 | 8 | 8 | −22,000 | 568,000 | |
| Accounts receivable | 29 | 8 | −59 | 38 | −31 | |
| Expenditures billable to clients | 12 | −54 | −21 | −32 | −35 | |
| Other current assets | −52 | −6 | 1 | −1 | 4 | |
| Accounts payable | 74 | 24 | 53 | 108 | −52 | |
| Accrued expenses and other liabilities | −42 | −29 | −25 | −22 | 62 | |
| Advance billings | 26 | −23 | −41 | −27 | 76 | |
| Increase (Decrease) in Operating Lease Liability | −76 | −84 | −88 | −87 | −53 | |
| Deferred acquisition related payments | −2 | −20 | −15 | −11 | −5 | |
| Net Cash Provided by (Used in) Operating Activities, Total | 291 | 143 | 81 | 348 | 201 | |
| Capitalized software | −67 | −35 | −28 | −13 | −14 | |
| Capital expenditures | −44 | −19 | −14 | −23 | −9 | |
| Acquisitions, net of cash acquired | −6 | −103 | −23 | −74 | 150 | |
| Proceeds from sale of business, net | 11 | 0 | 229 | 0 | 37 | |
| Other | −7 | −5 | −8 | −7 | −1 | |
| Net Cash Provided by (Used in) Investing Activities, Total | −114 | −162 | 156 | −116 | 164 | |
| Repayment of borrowings under revolving credit facility | −2,026 | −1,755 | −1,987 | −1,266 | −719 | |
| Proceeds from borrowings under revolving credit facility | 1,999 | 1,960 | 1,946 | 1,256 | 517 | |
| Shares repurchased and cancelled | −134 | −108 | −224 | −70 | −841,000 | |
| Distributions to noncontrolling interests | −10 | −27 | −25 | −39 | 0 | |
| Payment of deferred consideration | −33 | −30 | −49 | −63 | 0 | |
| Proceeds from (Payments to) Noncontrolling Interests | 0 | −3 | 0 | — | — | |
| Payments of Financing Costs | −6 | 0 | −844,000 | — | — | |
| Net Cash Provided by (Used in) Financing Activities, Total | −210 | 37 | −340 | −187 | −273 | |
| Effect of exchange rate changes on cash and cash equivalents | 6 | −6 | 2 | −8 | 158,000 | |
| Net increase (decrease) in cash and cash equivalents | −27 | 12 | −101 | 37 | 92 | |
| Income Taxes Paid | 23 | 24 | 46 | 41 | 59 | |
| Cash interest paid | 94 | 91 | 87 | 71 | 24 | |
| Shares issued for business acquisitions | 15 | 47 | 8 | 1 | 426 | |
| Noncash or Part Noncash Acquisition, Noncontrolling Interest Acquired | 0 | 27 | 22 | 1 | 170 | |
| Noncash or Part Noncash Acquisition, Noncash Financial or Equity Instrument Consideration, Shares Issued | 0 | 341,000 | 33 | 989,000 | 7 | |
| Addition to deferred tax asset related to exchange of Paired Units | 238 | — | — | — | — | |
| Addition to Tax Receivables Agreement liability related to exchange of Paired Units | 230 | — | — | — | — | |
| Conversion of Class C to Class A shares | 448 | — | — | 48 | — | |
| Non-cash payment on deferred acquisition | 22 | 18 | 33 | 989,000 | — |
Filings
Material Events
Insiders
Institutional Holders
Frequently asked questions
What is Stagwell Inc's CIK number?
Stagwell Inc's SEC CIK number is 0000876883 (876883). The CIK (Central Index Key) is the permanent identifier the SEC assigns to every EDGAR filer — unlike a ticker symbol, it never changes.
Where can I find Stagwell Inc's SEC filings?
All of Stagwell Inc's EDGAR filings — 10-K annual reports, 10-Q quarterly reports, 8-K material events, and insider transactions — are listed on this page, sourced live from SEC EDGAR.
When did Stagwell Inc last report earnings?
Stagwell Inc (STGW) most recently filed an earnings 8-K with the SEC on Apr 30, 2026, furnishing its results under Item 2.02 (Results of Operations and Financial Condition). The earnings press release is attached to that filing (accession 0000876883-26-000014). This is Stagwell Inc's most recent earnings filing of record — not a forecast of its next earnings date.
What is Stagwell Inc's most recent earnings 8-K?
Stagwell Inc's latest earnings 8-K (Item 2.02) was filed Apr 30, 2026 under accession 0000876883-26-000014. It carries the quarterly or annual earnings press release — the earliest official, SEC-filed version of the results.
View Stagwell Inc's latest earnings 8-K →
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