Stagwell IncSTGWEarnings & Financial Report
Stagwell Inc., formerly The Stagwell Group, is a global marketing and communications group founded in 2015 by Mark Penn. In 2020, The Stagwell Group announced plans to merge with its affiliate MDC Partners. The merger was completed in August 2021.
Revenue
$743.0M
Gross Profit
$272.1M
Operating Profit
$60.9M
Net Profit
$24.6M
Gross Margin
36.6%
Operating Margin
8.2%
Net Margin
3.3%
YoY Growth
4.5%
Financial Flow
Stagwell Inc Q3 2025 Financial Summary
Stagwell Inc reported revenue of $743.0M (up 4.5% YoY) for Q3 2025, with a net profit of $24.6M (up 652.6% YoY) (3.3% margin). Cost of goods sold was $470.9M, operating expenses totaled $211.1M.
Key Financial Metrics
| Total Revenue | $743.0M |
|---|---|
| Net Profit | $24.6M |
| Gross Margin | 36.6% |
| Operating Margin | 8.2% |
| Report Period | Q3 2025 |
Revenue Breakdown
Stagwell Inc Q3 2025 revenue of $743.0M breaks down across 6 segments, led by Marketing Services at $297.2M (40.0% of total).
| Segment | Revenue | % of Total |
|---|---|---|
| Marketing Services | $297.2M | 40.0% |
| Communications | $144.9M | 19.5% |
| Other Geographical Location | $128.8M | 17.3% |
| Digital Transformation | $103.7M | 14.0% |
| GB | $44.9M | 6.0% |
| The Marketing Cloud | $27.2M | 3.7% |
Stagwell Inc Revenue by Segment — Quarterly Trend
Stagwell Inc revenue by segment across the last 4 reported quarters, showing how each business line (such as Marketing Services and Communications) has evolved quarter over quarter.
| Segment | Q4 2025 | Q3 2025 | Q2 2025 | Q1 2025 |
|---|---|---|---|---|
| Marketing Services | — | $297.2M | — | — |
| Communications | — | $144.9M | — | — |
| Other Geographical Location | — | $128.8M | — | $101.3M |
| Digital Transformation | — | $103.7M | $125.9M | $116.5M |
| GB | — | $44.9M | $38.1M | — |
Stagwell Inc Annual Revenue by Year
Stagwell Inc annual revenue history includes year-by-year totals (for example, 2025 revenue was $2.9B).
| Year | Annual Revenue |
|---|---|
| 2025 | $2.9B |
| 2024 | $2.8B |
| 2023 | $2.5B |
| 2022 | $2.7B |
Stagwell Inc Quarterly Revenue & Net Profit History
Stagwell Inc results over the last 8 reported quarters, including revenue, net profit and year-over-year growth.
| Quarter | Revenue | Revenue YoY | Net Profit | Net Margin |
|---|---|---|---|---|
| Q4 2025 | $807.4M | +2.4% | $12.7M | 1.6% |
| Q3 2025 | $743.0M | +4.5% | $24.6M | 3.3% |
| Q2 2025 | $706.8M | +5.3% | $-5.3M | -0.7% |
| Q1 2025 | $651.7M | -2.7% | $-2.9M | -0.4% |
| Q4 2024 | $788.7M | +20.4% | $3.2M | 0.4% |
| Q3 2024 | $711.3M | +15.2% | $3.3M | 0.5% |
| Q2 2024 | $671.2M | +6.2% | $-3.0M | -0.4% |
| Q1 2024 | $670.1M | +7.6% | $-1.3M | -0.2% |
Income Statement
| Q1 2024 | Q2 2024 | Q3 2024 | Q4 2024 | Q1 2025 | Q2 2025 | Q3 2025 | Q4 2025 | |
|---|---|---|---|---|---|---|---|---|
| Revenue | $670.1M | $671.2M | $711.3M | $788.7M | $651.7M | $706.8M | $743.0M | $807.4M |
| YoY Growth | 7.6% | 6.2% | 15.2% | 20.4% | -2.7% | 5.3% | 4.5% | 2.4% |
Balance Sheet
| Q1 2024 | Q2 2024 | Q3 2024 | Q4 2024 | Q1 2025 | Q2 2025 | Q3 2025 | Q4 2025 | |
|---|---|---|---|---|---|---|---|---|
| Assets | $3.82B | $3.79B | $3.80B | $3.91B | $3.98B | $4.32B | $4.26B | $4.21B |
| Liabilities | $3.01B | $3.05B | $3.03B | $3.12B | $3.19B | $3.54B | $3.48B | $3.41B |
| Equity | $337.7M | $291.6M | $286.4M | $331.7M | $334.4M | $750.1M | $749.0M | $758.4M |
Cash Flow
| Q1 2024 | Q2 2024 | Q3 2024 | Q4 2024 | Q1 2025 | Q2 2025 | Q3 2025 | Q4 2025 | |
|---|---|---|---|---|---|---|---|---|
| Operating CF | $-53.1M | $-14.5M | $-1.6M | $212.1M | $-60.0M | $114.8M | $-24.0M | $260.3M |