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Side-by-side financial comparison of Interpublic Group of Companies (The) (IPG) and Seagate Technology (STX). Click either name above to swap in a different company.

Seagate Technology is the larger business by last-quarter revenue ($3.1B vs $2.1B, roughly 1.5× Interpublic Group of Companies (The)). Seagate Technology runs the higher net margin — 24.0% vs 5.8%, a 18.2% gap on every dollar of revenue. On growth, Seagate Technology posted the faster year-over-year revenue change (44.1% vs -4.8%). Seagate Technology produced more free cash flow last quarter ($953.0M vs $153.6M). Over the past eight quarters, Seagate Technology's revenue compounded faster (28.4% CAGR vs -9.1%).

The Interpublic Group of Companies, Inc. (IPG) was an American advertising company based in New York City. It consisted of the five major networks FCB, IPG Mediabrands, McCann Worldgroup, MullenLowe Group and Marketing Specialists, as well as several independent specialty agencies in the areas of public relations, sports marketing, talent representation and healthcare. Prior to the Omnicom acquisition, it was one of the "Big Four" agency companies, alongside WPP, Publicis, and Omnicom. The co...

Seagate Technology Holdings plc is an American data storage company. It was incorporated in 1978 as Shugart Technology and commenced business in 1979. Since 2010, the company has been incorporated in Dublin, Ireland, with operational headquarters in Fremont, California, United States.

IPG vs STX — Head-to-Head

Bigger by revenue
STX
STX
1.5× larger
STX
$3.1B
$2.1B
IPG
Growing faster (revenue YoY)
STX
STX
+48.8% gap
STX
44.1%
-4.8%
IPG
Higher net margin
STX
STX
18.2% more per $
STX
24.0%
5.8%
IPG
More free cash flow
STX
STX
$799.4M more FCF
STX
$953.0M
$153.6M
IPG
Faster 2-yr revenue CAGR
STX
STX
Annualised
STX
28.4%
-9.1%
IPG

Income Statement — Q3 FY2025 vs Q3 FY2026

Metric
IPG
IPG
STX
STX
Revenue
$2.1B
$3.1B
Net Profit
$124.2M
$748.0M
Gross Margin
46.5%
Operating Margin
10.3%
32.1%
Net Margin
5.8%
24.0%
Revenue YoY
-4.8%
44.1%
Net Profit YoY
517.9%
-23.8%
EPS (diluted)
$0.34
$3.27

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
IPG
IPG
STX
STX
Q3 26
$3.1B
Q1 26
$2.8B
Q4 25
$2.6B
Q3 25
$2.1B
Q2 25
$2.2B
$2.4B
Q1 25
$2.0B
$2.2B
Q4 24
$2.4B
$2.3B
Q3 24
$2.2B
$2.2B
Net Profit
IPG
IPG
STX
STX
Q3 26
$748.0M
Q1 26
$593.0M
Q4 25
$549.0M
Q3 25
$124.2M
Q2 25
$162.5M
$488.0M
Q1 25
$-85.4M
$340.0M
Q4 24
$344.5M
$336.0M
Q3 24
$20.1M
$305.0M
Gross Margin
IPG
IPG
STX
STX
Q3 26
46.5%
Q1 26
41.6%
Q4 25
39.4%
Q3 25
Q2 25
37.4%
Q1 25
-3.2%
35.2%
Q4 24
10.1%
34.9%
Q3 24
2.9%
32.9%
Operating Margin
IPG
IPG
STX
STX
Q3 26
32.1%
Q1 26
29.8%
Q4 25
26.4%
Q3 25
10.3%
Q2 25
11.2%
23.2%
Q1 25
-2.1%
20.0%
Q4 24
23.3%
21.0%
Q3 24
5.9%
18.6%
Net Margin
IPG
IPG
STX
STX
Q3 26
24.0%
Q1 26
21.0%
Q4 25
20.9%
Q3 25
5.8%
Q2 25
7.5%
20.0%
Q1 25
-4.3%
15.7%
Q4 24
14.1%
14.5%
Q3 24
0.9%
14.1%
EPS (diluted)
IPG
IPG
STX
STX
Q3 26
$3.27
Q1 26
$2.60
Q4 25
$2.43
Q3 25
$0.34
Q2 25
$0.44
$2.24
Q1 25
$-0.23
$1.57
Q4 24
$0.92
$1.55
Q3 24
$0.05
$1.41

Balance Sheet & Financial Strength

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

Metric
IPG
IPG
STX
STX
Cash + ST InvestmentsLiquidity on hand
$1.5B
$1.1B
Total DebtLower is stronger
$3.9B
Stockholders' EquityBook value
$3.7B
Total Assets
$17.0B
$8.9B
Debt / EquityLower = less leverage

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
IPG
IPG
STX
STX
Q3 26
$1.1B
Q1 26
$1.0B
Q4 25
$1.1B
Q3 25
$1.5B
Q2 25
$1.6B
$891.0M
Q1 25
$1.9B
$814.0M
Q4 24
$2.2B
$1.2B
Q3 24
$1.5B
$1.2B
Total Debt
IPG
IPG
STX
STX
Q3 26
$3.9B
Q1 26
Q4 25
Q3 25
Q2 25
Q1 25
Q4 24
Q3 24
Stockholders' Equity
IPG
IPG
STX
STX
Q3 26
Q1 26
$459.0M
Q4 25
$-63.0M
Q3 25
$3.7B
Q2 25
$3.7B
$-453.0M
Q1 25
$3.6B
$-829.0M
Q4 24
$3.8B
$-1.1B
Q3 24
$3.7B
$-1.3B
Total Assets
IPG
IPG
STX
STX
Q3 26
$8.9B
Q1 26
$8.7B
Q4 25
$8.4B
Q3 25
$17.0B
Q2 25
$17.0B
$8.0B
Q1 25
$17.1B
$7.6B
Q4 24
$18.3B
$8.0B
Q3 24
$17.1B
$8.0B

Cash Flow & Capital Efficiency

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

Metric
IPG
IPG
STX
STX
Operating Cash FlowLast quarter
$180.1M
$2.4B
Free Cash FlowOCF − Capex
$153.6M
$953.0M
FCF MarginFCF / Revenue
7.2%
30.6%
Capex IntensityCapex / Revenue
1.2%
Cash ConversionOCF / Net Profit
1.45×
3.17×
TTM Free Cash FlowTrailing 4 quarters
$806.8M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
IPG
IPG
STX
STX
Q3 26
$2.4B
Q1 26
Q4 25
$532.0M
Q3 25
$180.1M
Q2 25
$-96.0M
$508.0M
Q1 25
$-37.0M
$259.0M
Q4 24
$868.1M
$221.0M
Q3 24
$223.8M
$95.0M
Free Cash Flow
IPG
IPG
STX
STX
Q3 26
$953.0M
Q1 26
Q4 25
$427.0M
Q3 25
$153.6M
Q2 25
$-121.8M
$425.0M
Q1 25
$-58.5M
$216.0M
Q4 24
$833.5M
$150.0M
Q3 24
$186.5M
$27.0M
FCF Margin
IPG
IPG
STX
STX
Q3 26
30.6%
Q1 26
Q4 25
16.2%
Q3 25
7.2%
Q2 25
-5.6%
17.4%
Q1 25
-2.9%
10.0%
Q4 24
34.2%
6.5%
Q3 24
8.3%
1.2%
Capex Intensity
IPG
IPG
STX
STX
Q3 26
Q1 26
Q4 25
4.0%
Q3 25
1.2%
Q2 25
1.2%
3.4%
Q1 25
1.1%
2.0%
Q4 24
1.4%
3.1%
Q3 24
1.7%
3.1%
Cash Conversion
IPG
IPG
STX
STX
Q3 26
3.17×
Q1 26
Q4 25
0.97×
Q3 25
1.45×
Q2 25
-0.59×
1.04×
Q1 25
0.76×
Q4 24
2.52×
0.66×
Q3 24
11.13×
0.31×

Financial Flow Comparison

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

Revenue Breakdown by Segment

IPG
IPG

MDE$619.0M29%
IAC$574.9M27%
Other$527.9M25%
SCE$413.8M19%

STX
STX

Segment breakdown not available.

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