Stagwell reported Q4 revenue of USD 807 million, up 2%, and Q4 net revenue of USD 651 million, up 3%. Q4 net income attributable to common shareholders was USD 13 million, while adjusted EBITDA was USD 129 million, up 3%. For FY25, revenue was USD 2.91 billion, up 2%, and net revenue was USD 2.43 billion, up 6%. FY25 net income attributable to common shareholders was USD 29 million and free cash flow more than doubled to USD 187 million, alongside a USD 148 million increase in cash flow from operations to USD 291 million. For 2026, Stagwell guided to total net revenue growth of 8% to 12% and adjusted EBITDA of USD 475 million to USD 525 million, as management cited accelerating growth excluding advocacy, record net new business, expanding margins and doubled free cash flow.
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