Filing Flows › Stagwell (STGW) › Q2 2026 › vs Q1 2026
Stagwell (STGW) Q2 2026 vs Q1 2026 (quarter over quarter)
Stagwell's revenue rose $82.2M (+12%) from $704M in Q1 2026 to $786M in Q2 2026.
Stagwell, Q2 2026: revenue $786M (+11% year over year), operating margin 1.5%, net loss $8.7M, operating cash flow $90.2M. The chart draws each line against Q1 2026, the increases inside each band.
Margins
| Q2 2026 | Q1 2026 | Change | |
|---|---|---|---|
| Free cash flow margin | 10.1% | -5.3% | +15.4 pts |
Every line
| Line | Q2 2026 | Q1 2026 | Change | % |
|---|---|---|---|---|
| Revenue | $786M | $704M | $82.2M | +12% |
| Income tax benefit | $348K | $2.9M | −$2.5M | -88% |
| Net loss | $8.7M | $13.9M | −$5.2M | -38% |
| Costs & expenses | $795M | $721M | $74.4M | +10% |
| Operating costs | $775M | $695M | $80.3M | +12% |
| Interest & other, net | $20.6M | $26.5M | −$5.9M | -22% |
| Cost of revenue | $517M | $460M | $57.5M | +13% |
| General & admin | $214M | $191M | $23.1M | +12% |
| Other operating costs | $44.0M | $44.3M | −$376K | -0.8% |
| Operating cash sources | $98.9M | −$12.5M | $111M | — |
| Depreciation & amortization | $44.0M | $44.3M | −$376K | -0.8% |
| Share-based compensation | $18.6M | $14.2M | $4.3M | +30% |
| Working capital & other | $36.4M | −$71.1M | $108M | — |
| Net loss absorbed | $8.7M | $13.9M | −$5.2M | -38% |
| Operating cash flow | $90.2M | −$26.5M | $117M | — |
| Free cash flow (OCF − capex) | $79.2M | −$37.2M | $116M | — |
| Capital expenditures | $11.0M | $10.7M | $293K | +3% |
Questions
How much did Stagwell's revenue grow quarter over quarter in Q2 2026?
Stagwell's revenue rose $82.2M (+12%) from $704M in Q1 2026 to $786M in Q2 2026.