Filing Flows › Stagwell (STGW) › Q4 2025
Stagwell (STGW) Q4 2025 earnings results (fourth quarter 2025)
10-K filed Mar 13, 2026
Stagwell (STGW) reported revenue of $807M for the fourth quarter 2025 (Q4 2025), +2% from a year earlier and +9% from the quarter before. Operating margin was 7.0%, net earnings $12.7M (1.6% of revenue).
Stagwell, Q4 2025: revenue $807M (+2% year over year), operating margin 7.0%, net earnings $12.7M, operating cash flow $260M. The chart follows the revenue to costs, profit and cash.
| Q4 2025 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $807M | +9% | +2% |
| Operating profit | $56.6M | -7% | +30% |
| Net earnings | $12.7M | -49% | +291% |
| Operating cash flow | $260M | — | +23% |
| Free cash flow | $243M | — | +16% |
What changed
Revenue was $807.4M in Q4 2025, up 2% year over year and up 9% from the previous quarter.
Operating profit was $56.6M, a 7.0% margin (up 1.5 points year over year). Of the extra revenue versus a year earlier, 70% reached operating profit, above the 6% margin then. Total costs grew 1% against revenue growth of 2%. The fastest-growing cost line was Other operating costs (+12%). Net earnings were $12.7M, up 291% year over year. The effective tax rate was 59.1%.
Operating cash flow was $260.3M (up 23% year over year), 1547% of net income including minority interests. Non-cash charges added back $43.6M of depreciation and amortization and $10.0M of share-based compensation. Working capital and other items added $189.9M. Capital expenditures of $17.4M left free cash flow of $242.9M.
Questions
What was Stagwell's revenue in the fourth quarter 2025?
Stagwell (STGW) reported revenue of $807M for the fourth quarter 2025 (Q4 2025), +2% from a year earlier and +9% from the quarter before.
Was Stagwell profitable in the fourth quarter 2025?
Operating profit was $56.6M (7.0% of revenue) and net earnings $12.7M.
Source: Stagwell 10-K on SEC EDGAR.