Company: STGW
Filing Date: 2025-07-31
Form Type: 10-Q
Source: 0000876883-25-000024
Chunk: 174

Company: Stagwell Inc
Filing Date: 2025-07-31
Form: 10-Q
Item: Item 8
Chunk 174
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3,954)(9,959)(4,667)Net (income) loss attributable to noncontrolling and redeemable noncontrolling interests(627)989 1,781 420 Net loss attributable to Stagwell Inc. common shareholders$(5,261)$(2,965)$(8,178)$(4,247)Reconciliation to Adjusted EBITDA:Net loss attributable to Stagwell Inc. common shareholders$(5,261)$(2,965)$(8,178)$(4,247)Non-operating items (1)28,433 24,872 49,635 52,008 Operating income23,172 21,907 41,457 47,761 Depreciation and amortization41,369 42,001 83,375 76,837 Impairment and other losses— 215 — 1,715 Stock-based compensation19,954 5,875 31,497 21,991 Deferred acquisition consideration(3,220)7,236 3,437 7,390 Other items, net11,580 8,869 13,671 20,725 Adjusted EBITDA$92,855 $86,103 $173,437 $176,419 (1) Non-operating items includes items within the Statements of Operations, below Operating Income, and above Net income (loss) attributable to Stagwell Inc. common shareholders. 

42

THREE MONTHS ENDED JUNE 30, 2025 COMPARED TO THREE MONTHS ENDED JUNE 30, 2024

Consolidated Results of Operations 

The components of operating results for the three months ended June 30, 2025, compared to the three months ended June 30, 2024 were as follows: 

Three Months Ended June 30,20252024Change(dollars in thousands)$%Revenue$706,818 $671,168 $35,650 5.3 %Operating ExpensesCost of services459,216 438,912 20,304 4.6 %Office and general expenses183,061 168,133 14,928 8.9 %Depreciation and amortization41,369 42,001 (632)(1.5)%Impairment and other losses— 215 (215)(100.0)%$683,646 $