Quarterly ResultJul 31, 2026, 03:51 PM
Stagwell Q2 Revenue $786.3M, Net Loss $(8.1M); Acquires QStrauss
AI Summary
Stagwell Inc. reported an 11.25% increase in Q2 2026 revenue to $786.3 million, alongside a widened net loss attributable to common shareholders of $(8.1) million. For the six months ended June 30, 2026, revenue grew 9.71% to $1.49 billion, while net loss attributable to common shareholders increased to $(21.1) million. The company also announced an agreement to acquire QStrauss Consulting and completed the acquisition of Wavelength earlier in the year.
Key Highlights
- Stagwell agreed to acquire QStrauss Consulting for an estimated $4.0 million, with up to $8.0 million in contingent consideration.
- Acquired Wavelength, a digital advocacy firm, for $10.2 million in cash and Class A Common Stock in January 2026.
- Q2 2026 revenue increased 11.25% to $786.3 million from $706.8 million in Q2 2025.
- Q2 2026 net loss attributable to common shareholders widened to $(8.1) million from $(5.3) million in Q2 2025.
- Six-month revenue increased 9.71% to $1.49 billion from $1.36 billion in the prior year period.
- Six-month net loss attributable to common shareholders increased to $(21.1) million from $(8.2) million.
- Net cash provided by operating activities for six months rose to $63.7 million from $54.7 million.
- The company repurchased $88.0 million in shares during the six months ended June 30, 2026.
Price Impact
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