Filing Flows › Stagwell (STGW) › Q3 2026 › vs Q3 2025
Stagwell (STGW) Q3 2026 vs Q3 2025 (year over year)
Stagwell's revenue rose $73.0M (+10%) from $743M in Q3 2025 to $816M in Q3 2026. Operating margin 5.9% against 8.2% (-2.3 pts).
Stagwell, Q3 2026: revenue $816M (+10% year over year), operating margin 5.9%, net earnings $18.1M, operating cash flow $88.6M. The chart draws each line against Q3 2025, the increases inside each band.
Margins
| Q3 2026 | Q3 2025 | Change | |
|---|---|---|---|
| Operating margin | 5.9% | 8.2% | -2.3 pts |
| Net margin | 2.2% | 3.3% | -1.1 pts |
| Free cash flow margin | 10.1% | -4.3% | +14.5 pts |
Every line
| Line | Q3 2026 | Q3 2025 | Change | % |
|---|---|---|---|---|
| Revenue | $816M | $743M | $73.0M | +10% |
| Operating profit | $48.1M | $60.9M | −$12.9M | -21% |
| Costs & expenses | $768M | $682M | $85.9M | +13% |
| Pre-tax earnings | $29.3M | $33.3M | −$4.0M | -12% |
| Other expense, net | $18.8M | $27.6M | −$8.8M | -32% |
| Cost of revenue | $512M | $471M | $40.8M | +9% |
| General & admin | $207M | $166M | $40.5M | +24% |
| Other operating costs | $49.3M | $44.7M | $4.6M | +10% |
| Net earnings | $18.1M | $24.6M | −$6.5M | -26% |
| Minority interests | $277K | −$856K | $1.1M | — |
| Income tax | $10.9M | $9.6M | $1.3M | +14% |
| Depreciation & amortization | $48.3M | $44.3M | $4.0M | +9% |
| Share-based compensation | $28.9M | $12.6M | $16.3M | +129% |
| Working capital & other | $6.8M | $106M | −$98.8M | -94% |
| Operating cash flow | $88.6M | −$24.0M | $113M | — |
| Free cash flow (OCF − capex) | $82.8M | −$32.3M | $115M | — |
| Capital expenditures | $5.8M | $8.2M | −$2.5M | -30% |
Questions
How much did Stagwell's revenue grow year over year in Q3 2026?
Stagwell's revenue rose $73.0M (+10%) from $743M in Q3 2025 to $816M in Q3 2026. Operating margin 5.9% against 8.2% (-2.3 pts).