Quarterly ResultMay 1, 2026, 11:13 AM
STGW Q1 Revenue +8% to $704.1M; Net Loss Widens to $(13.0)M
AI Summary
Stagwell Inc. reported an 8% increase in Q1 2026 revenue to $704.1 million, but net loss attributable to common shareholders widened significantly to $(13.0) million from $(2.9) million in Q1 2025. Basic loss per share increased to $(0.05) from $(0.03). The company also acquired Wavelength Strategy LLC for $10.2 million and amended its Credit Agreement to expand non-U.S. dollar borrowing and increase annual stock repurchase limits to $175.0 million.
Key Highlights
- Net loss attributable to Stagwell Inc. common shareholders widened to $(13.0) million from $(2.9) million YoY.
- Revenue increased 8% to $704.1 million for Q1 2026 from $651.7 million YoY.
- Basic loss per common share was $(0.05) in Q1 2026, compared to $(0.03) in Q1 2025.
- Acquired Wavelength Strategy LLC for $10.2 million, including $5.6 million in Class A Common Stock.
- Amended Credit Agreement, increasing annual stock repurchase limit to $175.0 million from $100.0 million.
- Repurchased $40.7 million in shares during Q1 2026, up from $11.1 million YoY.
- Q1 2026 US revenue was $544.5 million, UK revenue $45.1 million, and Other revenue $114.5 million.
- Long-term debt increased to $1.44 billion as of March 31, 2026, from $1.33 billion at year-end 2025.
Price Impact
More from STGW