XML 44 R32.htm IDEA: XBRL DOCUMENT v3.25.1

Segment Information (Tables)

3 Months Ended

Mar. 31, 2025

Segment Reporting [Abstract]

Schedule of Segment Reporting Information, by Segment

						Three Months Ended March 31, 2025
						Integrated Agencies Network						Brand Performance Network						Communications Network						Total
						(dollars in thousands)
Revenue (1)						$	377,354					$	162,218					$	87,628					$	627,200
Billable costs						51,560						15,360						20,630						87,550
Staff costs						199,882						96,450						44,577						340,909
Administrative costs						31,644						23,407						10,174						65,225
Unbillable and other costs *						17,099						15,458						490						33,047
Adjusted EBITDA						77,169						11,543						11,757						100,469
Adjusted EBITDA - All Other																								(6,330)
Adjusted EBITDA - Corporate																								(13,557)
Total Consolidated Adjusted EBITDA																								80,582
Stock-based compensation																								11,543
Depreciation and amortization																								42,006
Deferred acquisition consideration																								6,657
Other items, net																								2,091
Operating Income																								18,285
Other income (expenses):
Interest expense, net																								(23,356)
Foreign exchange, net																								1,220
Other, net																								249
																								(21,887)
Loss before income taxes and equity in earnings of non-consolidated affiliates																								(3,602)
Income tax expense																								1,722
Loss before equity in earnings of non-consolidated affiliates																								(5,324)
Equity in loss of non-consolidated affiliates																								(1)
Net loss																								(5,325)
Net loss attributable to noncontrolling and redeemable noncontrolling interests																								2,408
Net loss attributable to Stagwell Inc. common shareholders																								$	(2,917)

(1) Total consolidated revenue of $651,740 also includes revenue of $24,540 associated with operating segments that do not meet the aggregation criteria and elimination of certain intercompany service and revenue.

*For each reportable segment, Unbillable and other costs includes costs to fulfill customer contract requirements such as research and subscription related costs, audience measurement, data and analytics, and panels and survey costs; and also includes travel related expenses associated with contract fulfillment.

						Three Months Ended March 31, 2024
						Integrated Agencies Network						Brand Performance Network						Communications Network						Total
						(dollars in thousands)
Revenue (1)						$	352,719					$	213,962					$	93,746					$	660,427
Billable costs						59,947						51,400						26,258						137,605
Staff costs						186,534						98,431						39,264						324,229
Administrative costs						30,602						22,071						8,704						61,377
Unbillable and other costs *						15,528						14,566						136						30,230
Adjusted EBITDA						60,108						27,494						19,384						106,986
Adjusted EBITDA - All Other																								(3,986)
Adjusted EBITDA - Corporate																								(12,684)
Total Consolidated Adjusted EBITDA																								90,316
Stock-based compensation																								16,116
Depreciation and amortization																								34,836
Deferred acquisition consideration																								154
Impairment and other losses																								1,500
Other items, net																								11,856
Operating Income																								25,854
Other income (expenses):
Interest expense, net																								(20,965)
Foreign exchange, net																								(2,258)
Other, net																								(1,267)
																								(24,490)
Income before income taxes and equity in earnings of non-consolidated affiliates																								1,364
Income tax expense																								2,585
Loss before equity in earnings of non-consolidated affiliates																								(1,221)
Equity in income of non-consolidated affiliates																								508
Net loss																								(713)
Net income attributable to noncontrolling and redeemable noncontrolling interests																								(569)
Net loss attributable to Stagwell Inc. common shareholders																								$	(1,282)

(1) Total consolidated revenue of $670,059 also includes revenue of $9,632 associated with operating segments that do not meet the aggregation criteria and elimination of certain intercompany service and revenue.

*For each reportable segment, Unbillable and other costs includes costs to fulfill customer contract requirements such as research and subscription related costs, audience measurement, data and analytics, and panels and survey costs; and also includes travel related expenses associated with contract fulfillment.

X

- Definition

Tabular disclosure of the profit or loss and total assets for each reportable segment. An entity discloses certain information on each reportable segment if the amounts (a) are included in the measure of segment profit or loss reviewed by the chief operating decision maker or (b) are otherwise regularly provided to the chief operating decision maker, even if not included in that measure of segment profit or loss.

+ References

Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
-Name Accounting Standards Codification
-Topic 280
-SubTopic 10
-Section 50
-Paragraph 25
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147482810/280-10-50-25

Reference 2: http://fasb.org/us-gaap/role/ref/legacyRef
-Name Accounting Standards Codification
-Topic 280
-SubTopic 10
-Section 50
-Paragraph 22
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147482810/280-10-50-22

Reference 3: http://fasb.org/us-gaap/role/ref/legacyRef
-Name Accounting Standards Codification
-Topic 280
-SubTopic 10
-Section 50
-Paragraph 30
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147482810/280-10-50-30

+ Details

Name:	us-gaap_ScheduleOfSegmentReportingInformationBySegmentTextBlock
Namespace Prefix:	us-gaap_
Data Type:	dtr-types:textBlockItemType
Balance Type:	na
Period Type:	duration

X

- References

No definition available.

+ Details

Name:	us-gaap_SegmentReportingAbstract
Namespace Prefix:	us-gaap_
Data Type:	xbrli:stringItemType
Balance Type:	na
Period Type:	duration