Stagwell Inc. (Nasdaq:STGW) Reports Results for the Three Months Ended March 31, 2026

Q1 YoY Revenue Growth of 8%; Q1 YoY Net Revenue Growth of 4% Q1 YoY Digital Transformation Net Revenue Growth of 9%; Two-Year Digital Transformation Net Revenue Growth Stack of 26% Q1 EPS of $(0.05); Q1 Adjusted EPS Growth YoY of 31% to $0.17 Q1 Net Loss Attributable to Stagwell Inc. Common Shareholders of $13 million; Q1 Adjusted EBITDA Growth YoY of 9% to $90 million YoY Increase in Cash Flow from Operations of $34 million Record Net New Business of $141 million in Q1; LTM Net New Business of $486 million Reiterate Guidance for 2026 of Total Net Revenue Growth of 8% to 12%; Adjusted EBITDA of $475 million to $525 million; Free Cash Flow Conversion of 50% to 60% NEW YORK CITY, NY / ACCESS Newswire / April 30, 2026 / (NASDAQ:STGW) - Stagwell Inc. ("Stagwell") today announced financial results for the three months ended March 31, 2026. FIRST QUARTER RESULTS: Q1 Revenue of $704 million, an increase of 8% versus the prior year period; Q1 Net Revenue of $585 million, an increase of 4% versus the prior year period, in-line with budget; Q1 Digital Transformation Net Revenue of $97 million, an increase of 9% versus the prior year period; Two-Year Net Revenue Growth Stack for Digital Transformation of 26%, Two-Year Organic Net Revenue Growth Stack for Digital Transformation of 22%; Q1 Net Loss attributable to Stagwell Inc. Common Shareholders of $13 million versus $3 million in the prior year period; Q1 Adjusted EBITDA of $90 million, an increase of 9% versus the prior year period; Q1 Adjusted EBITDA Margin of 15% on net revenue; Q1 Loss Per Share Attributable to Stagwell Inc. Common Shareholders of $(0.05) versus $(0.04) in the prior year period; Q1 Adjusted Earnings Per Share attributable to Stagwell Inc. Common Shareholders of $0.17 versus $0.13 in the prior year period; YTD Net Cash used in Operating Activities of $26 million versus $60 million in the prior year period; Net new business of $141 million in the first quarter, last twelve-month net new business of $486 million See "Non-GAAP Financial Measures" below for explanations and reconciliations of the Company's non-GAAP financial measures.
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