STGWNasdaqServices-Advertising AgenciesUS GAAP · USD

Stagwell Inc

Stagwell Inc. is a U.S.-based marketing and communications network that combines creative agencies, media, digital transformation, and technology-enabled marketing services. The company operates through a portfolio of brands across more than 34 countries, serving multinational clients through integrated, multi-discipline offerings.

Revenue2,909m USD
+2.4 %y/y
Operating profit (EBIT)159m USD
+19.5 %y/y
EBIT margin5.5%
+0.8 ppy/y
Net income29.1m USD
+1,188.2 %y/y
Free cash flow247m USD
+99.5 %y/y

Fiscal year 2025 · change from previous year

Development 2020–2025

01,0002,0003,000m USD2020: 1,199 m USD2020: EBIT 84 m USD20202021: 1,469 m USD2021: EBIT 45 m USD20212022: 2,688 m USD2022: EBIT 159 m USD20222023: 2,527 m USD2023: EBIT 91 m USD20232024: 2,841 m USD2024: EBIT 133 m USD20242025: 2,909 m USD2025: EBIT 159 m USD20252,909159
RevenueOperating profit (EBIT)

Business

Share of revenue
Marketing Services30 %

Creative, strategic, and integrated marketing services delivered through Stagwell brands.

Digital Transformation20 %

Consulting and implementation services focused on digital marketing and business change.

Media & Commerce25 %

Media planning, buying, commerce, and performance marketing services.

Communications15 %

Public relations, corporate communications, and advocacy services.

The Marketing Cloud10 %

Technology products and AI-enabled tools that support marketing workflows and data use.

Products

Reported · share of revenue
46.8%25.3%11.4%9.8%FY2024100 %
  • Creativity and Communications46.8 %
  • Digital Transformation25.3 %
  • Performance Media and Data11.4 %
  • Stagwell Marketing Cloud Group9.8 %
  • Consumer Insights and Strategy6.7 %

Source: 10-K FY2024, revenue the company reports per product line (SEC XBRL). Shares are of the lines shown and add up to 100 %.

Customers

Stagwell sells primarily to large brands and multinational enterprises that need coordinated marketing across multiple channels, markets, and disciplines. Its client base spans consumer, technology, travel, retail, healthcare, and other sectors, with many accounts using several Stagwell brands at once. The company also serves clients that want specialized capabilities such as media, communications, digital transformation, or AI-enabled marketing tools.

Multinational blue-chip brands

Large global companies that buy integrated marketing across regions and business lines.

Consumer and retail advertisers

Brands that buy creative, media, and commerce services to drive demand and awareness.

Technology and digital-native clients

Companies that buy digital transformation, performance marketing, and data-driven services.

Public sector and advocacy clients

Organizations that buy communications, public affairs, and digital advocacy services.

Cross-brand enterprise accounts

Clients that use multiple Stagwell brands for coordinated, multi-discipline work.

Strategy

Stagwell’s strategy is to build, grow, and acquire market-leading businesses that combine creativity, data, and technology into integrated marketing solutions. The company is focused on digital-first capabilities and AI-enabled product development, using its network structure to cross-sell services and compete with larger holding companies and consultancies.

Build integrated, cross-brand client solutionsShort term

Multi-discipline offerings increase wallet share and improve retention.

Invest in digital and AI-enabled capabilitiesMedium term

Technology helps the company compete in a data-driven marketing market.

Acquire specialized agencies and platformsMedium term

Acquisitions add capabilities, geography, and client relationships.

Geography

Q1/2026

Stagwell is organized as a global network, with brands operating in more than 34 countries and a meaningful share of revenue generated outside the United States. In the first quarter of 2025, net revenue came mainly from the United States, with the United Kingdom and other international markets contributing the remainder. Its geographic footprint matters because client work is often delivered locally while coordinated globally, exposing the company to currency, regulatory, and billing-cycle differences.

United States92 %
United Kingdom7.7 %

Share of the revenue the company reports by geography.

Risks

Stagwell is exposed to cyclical advertising demand, intense competition, and the need to retain specialized talent across its brands. Its global footprint and use of client data also create cybersecurity, privacy, foreign exchange, and regulatory risks, while acquisitions add integration and valuation uncertainty.

Sorted by severity
LowMediumHighLowMediumHighImpact →Likelihood →Cyclical client spending1Talent retention and leadership continuity2Cybersecurity and data privacy incidents3International operating complexity4AI regulatory and ethical scrutiny5
Impact is the risk’s severity and likelihood how probable it is over the next few years, both assessed from the company’s reports. Numbers match the list.
  1. Cyclical client spendingImpact: HighLikelihood: Medium

    Marketing budgets tend to fall when economic conditions weaken.

    Exposure: Revenue and new business wins

  2. Talent retention and leadership continuityImpact: HighLikelihood: Medium

    The business depends on specialized creative and strategic talent.

    Exposure: Client relationships and service quality

  3. Cybersecurity and data privacy incidentsImpact: HighLikelihood: Medium

    The company stores and processes client marketing data and uses cloud systems.

    ExposureClient trustLegal claimsRemediation costs
  4. International operating complexityImpact: MediumLikelihood: Medium

    Revenue is generated across many countries with different laws and currencies.

    ExposureTranslation riskComplianceCollection cycles
  5. AI regulatory and ethical scrutinyImpact: MediumLikelihood: Medium

    AI tools used in content creation and marketing may face new rules or litigation.

    Exposure: Product development and reputational risk

Accounting

Judgemental items
Revenue recognition

Services are recognized when control transfers, which can affect timing across projects and contracts.

Impact: Quarterly revenue comparability and contract margin timing

Business combinations and contingent consideration

Acquisitions are a core part of the model and purchase accounting requires judgment.

Impact: Goodwill, intangibles, and future earnings volatility

Goodwill and intangible asset impairment

Acquired agencies and platforms must continue to support their carrying values.

Impact: Potential non-cash charges if performance weakens

Income taxes

A global structure creates complexity in tax rates, deferred taxes, and jurisdictional allocation.

Impact: Effective tax rate and deferred tax balances

Publicly listed companies with a comparable business focus.

Last updated: 24/09/2026

Stagwell Inc (STGW) Revenue, Earnings & Financials 2025 – Clarifo