Stagwell reported 6% net revenue growth in the third quarter of 2025, led by double-digit gains in its non-advocacy businesses and stronger profit margins as it shifts its focus from acquisitions to technology.

The holding company also reaffirmed its full-year guidance, saying that cost savings and new business helped offset a slow down in advocacy work.

The Numbers

$743 million – Q3 revenue (+4% year over year)

$615 million – Net revenue (+6% year over year)

19% – Adjusted EBITDA margin, Stagwell’s strongest in two years

Watercooler Talk

CEO Mark Penn opened the earnings call on Thursday (Nov. 6) declaring Stagwell “one of the winners” in a marketing industry that’s rapidly reshaping around AI.

Its strategy includes developing internal tech, such as the Stagwell Marketing Cloud

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