Company: STGW
Filing Date: 2025-11-06
Form Type: 10-Q
Source: 0000876883-25-000034
Chunk: 168

Company: Stagwell Inc
Filing Date: 2025-11-06
Form: 10-Q
Item: Item 8
Chunk 168
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,630 25,081 (1,127)131,063 Adjusted EBITDA - Corporate and eliminations(16,481)Total Consolidated Adjusted EBITDA114,582 Stock-based compensation12,646 Depreciation and amortization44,260 Deferred acquisition consideration(13,348)Impairment and other losses466 Other items, net9,645 Operating Income60,913 Other income (expenses):Interest expense, net(25,196)Foreign exchange, net(366)Other, net(2,032)(27,594)Income before income taxes and equity in earnings of non-consolidated affiliates33,319 Income tax expense9,555 Income before equity in earnings of non-consolidated affiliates23,764 Equity in loss of non-consolidated affiliates(1)Net income23,763 Net loss attributable to noncontrolling and redeemable noncontrolling interests856 Net income attributable to Stagwell Inc. common shareholders$24,619 (1) Total consolidated revenue of $742,998 reflects an intercompany elimination of $4,779.*For each reportable segment, Unbillable and other costs includes costs to fulfill customer contract requirements such as research and subscription related costs, audience measurement, data and analytics, panels and survey costs, and also includes travel related expenses.

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Nine Months Ended September 30, 2025Marketing ServicesDigital TransformationMedia & CommerceCommunicationsThe Marketing CloudTotal(dollars in thousands)Revenue (1)$839,457 $292,188 $479,648 $420,215 $78,785 $2,110,293 Billable costs124,590 17,210 47,793 135,109 16 324,718 Staff costs421,226 184,886 269,318 172,273 53,683 1,101,386 Administrative costs86,433 19,599 67,097 37,042 13,531 223,702 Unbillable and other costs *60,230 1,151 43,833 6,910 17,178 129,302 Adjusted EBITDA146,978 69,342 51,607 68,881 (5,623)331,185 Adjusted EBITDA - Corporate and eliminations(43,166)Total Consolidated Adjusted EBITDA288,019