Groowe Groowe BETA / Newsroom
⏱ News is delayed by 15 minutes. Sign in for real-time access. Sign in

Form 8-K

sec.gov

8-K — Stagwell Inc

Accession: 0000876883-26-000014

Filed: 2026-04-30

Period: 2026-04-30

CIK: 0000876883

SIC: 7311 (SERVICES-ADVERTISING AGENCIES)

Item: Results of Operations and Financial Condition

Item: Regulation FD Disclosure

Item: Financial Statements and Exhibits

Documents

8-K — stgw-20260430.htm (Primary)

EX-99.1 (stgw2026331pr.htm)

EX-99.2 (a1q26earningspresentatio.htm)

GRAPHIC (a1q26earningspresentatio001.jpg)

GRAPHIC (a1q26earningspresentatio002.jpg)

GRAPHIC (a1q26earningspresentatio003.jpg)

GRAPHIC (a1q26earningspresentatio004.jpg)

GRAPHIC (a1q26earningspresentatio005.jpg)

GRAPHIC (a1q26earningspresentatio006.jpg)

GRAPHIC (a1q26earningspresentatio007.jpg)

GRAPHIC (a1q26earningspresentatio008.jpg)

GRAPHIC (a1q26earningspresentatio009.jpg)

GRAPHIC (a1q26earningspresentatio010.jpg)

GRAPHIC (a1q26earningspresentatio011.jpg)

GRAPHIC (a1q26earningspresentatio012.jpg)

GRAPHIC (a1q26earningspresentatio013.jpg)

GRAPHIC (a1q26earningspresentatio014.jpg)

GRAPHIC (a1q26earningspresentatio015.jpg)

GRAPHIC (a1q26earningspresentatio016.jpg)

GRAPHIC (a1q26earningspresentatio017.jpg)

GRAPHIC (a1q26earningspresentatio018.jpg)

GRAPHIC (a1q26earningspresentatio019.jpg)

GRAPHIC (a1q26earningspresentatio020.jpg)

GRAPHIC (a1q26earningspresentatio021.jpg)

GRAPHIC (a1q26earningspresentatio022.jpg)

GRAPHIC (a1q26earningspresentatio023.jpg)

GRAPHIC (a1q26earningspresentatio024.jpg)

GRAPHIC (image.jpg)

XML — IDEA: XBRL DOCUMENT (R1.htm)

8-K

8-K (Primary)

Filename: stgw-20260430.htm · Sequence: 1

stgw-20260430

0000876883false00008768832026-04-302026-04-30

UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

WASHINGTON, D.C. 20549

FORM 8-K

Current Report

Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934

Date of Report (Date of Earliest Event Reported) — April 30, 2026

Stagwell Inc.

(Exact Name of Registrant as Specified in its Charter)

Delaware 001-13718 86-1390679

(Jurisdiction of Incorporation) (Commission File Number) (IRS Employer Identification No.)

One World Trade Center, Floor 65, New York, NY 10007

(Address of principal executive offices and zip code)

(646) 429-1800

(Registrant’s Telephone Number)

Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:

☐ Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)

☐ Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)

☐ Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))

☐ Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))

Securities registered pursuant to Section 12(b) of the Act:

Title of each class Trading symbol(s) Name of each exchange on which registered

Class A Common Stock, $0.001 par value

STGW NASDAQ

Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§240.12b-2 of this chapter).

Emerging growth company     ☐

If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act.                              ☐

Item 2.02 Results of Operations and Financial Condition.

On April 30, 2026, Stagwell Inc. (the “Company”) issued a press release announcing its financial results for the three months ended March 31, 2026. A copy of this earnings release is attached as Exhibit 99.1 hereto.

The foregoing information (including Exhibit 99.1) is being furnished under “Item 2.02 – Results of Operations and Financial Condition.” Such information (including Exhibit 99.1) shall not be deemed “filed” for purposes of Section 18 of the Securities Exchange Act of 1934, as amended (the “Exchange Act”), nor shall it be deemed incorporated by reference in any filing under the Securities Act of 1933, as amended (the “Securities Act”), or the Exchange Act, except as shall be expressly set forth by specific reference in such filing.

Item 7.01 Regulation FD Disclosure.

On April 30, 2026, the Company will host a conference call in which its financial results for the three months ended March 31, 2026 will be discussed. The presentation to be used in connection with the call is attached as Exhibit 99.2 hereto.

The foregoing information (including Exhibit 99.2) is being furnished under “Item 7.01 – Regulation FD Disclosure.” Such information (including Exhibit 99.2) shall not be deemed “filed” for purposes of Section 18 of the Exchange Act, nor shall it be deemed incorporated by reference in any filing under the Securities Act or the Exchange Act, except as shall be expressly set forth by specific reference in such filing.

Item 9.01 Financial Statements and Exhibits.

(d) Exhibits.

99.1 Press release dated April 30, 2026, relating to the Company’s results for the three months ended March 31, 2026.

99.2 Investor presentation dated April 30, 2026.

104 Cover Page Interactive Data File (embedded within the Inline XBRL document)

Signatures

Pursuant to the requirements of the Securities Exchange Act of 1934, the Company has duly caused this report to be signed by the undersigned hereunto duly authorized.

Date: April 30, 2026 Stagwell Inc.

By: /s/ Ryan J. Greene

Ryan J. Greene

Chief Financial Officer

EX-99.1

EX-99.1

Filename: stgw2026331pr.htm · Sequence: 2

Document

FOR IMMEDIATE ISSUE

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, NY, 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;

Page 1

•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.

“Stagwell continues to be on a path for a great 2026, bolstered by record new wins, its first government contracts, and its pivot to delivering agentic applications for the marketing industry,” said Mark Penn, Chairman and CEO of Stagwell. “On a two-year stack, our Digital Transformation segment is accelerating to 22% organic net revenue growth as we apply AI to drive industry-leading results for our clients.”

Ryan Greene, Chief Financial Officer, commented: “At the same time as we expanded our top and bottom lines, we controlled costs to grow adjusted EBITDA 9% year-over-year to $90 million, landed a positive outlook from a ratings agency, and shrunk our share count to under 250 million as we grew our adjusted EPS by 31% to $0.17. We remain firmly on course to deliver our full-year and free cash flow conversion guidance.”

Financial Outlook

2026 financial guidance is reiterated as follows:

•Total Net Revenue growth of 8% to 12%

•Adjusted EBITDA of $475 million to $525 million

•Free Cash Flow Conversion of 50% to 60%

•Adjusted EPS of $0.98 - $1.12

•Guidance includes anticipated impact from acquisitions or dispositions.

* The Company has excluded a quantitative reconciliation with respect to the Company’s 2026 guidance under the “unreasonable efforts” exception in Item 10(e)(1)(i)(B) of Regulation S-K. See "Non-GAAP Financial Measures" below for additional information.

Video Webcast

Management will host a video webcast on Thursday, April 30, 2026, at 8:30 a.m. (ET) to discuss results for Stagwell Inc. for the three months ended March 31, 2026. The video webcast will be accessible at https://edge.media-server.com/mmc/p/rb7nnuq2/. An investor presentation has been posted on our website at www.stagwellglobal.com and may be referred to during the webcast.

A recording of the webcast will be accessible one hour after the webcast and available for ninety days at www.stagwellglobal.com.

Stagwell Inc.

Stagwell is the challenger network built to transform marketing. We deliver scaled creative performance for the world's most ambitious brands, connecting culture-moving creativity with leading-edge technology to harmonize the art and science of marketing. Led by entrepreneurs, our specialists in 45+ countries are unified under a single purpose: to drive effectiveness and improve business results for their clients. Join us at www.stagwellglobal.com.

Page 2

Contacts

For Investors:

Ben Allanson

IR@stagwellglobal.com

For Press:

Lena Petersen

PR@stagwellglobal.com

Non-GAAP Financial Measures

In addition to its reported results, Stagwell Inc. has included in this earnings release certain financial results that the Securities and Exchange Commission (SEC) defines as "non-GAAP Financial Measures." Management believes that such non-GAAP financial measures, when read in conjunction with the Company's reported results, can provide useful supplemental information for investors analyzing period to period comparisons of the Company's results. Such non-GAAP financial measures include the following:

(1) Organic Net Revenue: “Organic net revenue growth” and “Organic net revenue decline” reflects the year-over-year change in the Company's reported net revenue attributable to the Company's management of the entities it owns. We calculate organic net revenue growth (decline) by subtracting the net impact of acquisitions (divestitures) and the impact of foreign currency exchange fluctuations from the aggregate year-over-year increase or decrease in the Company's reported net revenue. The net impact of acquisitions (divestitures) reflects the year-over-year change in the Company’s reported net revenue attributable to the impact of all individual entities that were acquired or divested in the current and prior year. We calculate impact of an acquisition as follows: (a) for an entity acquired during the current year, we present the entity’s current period reported revenue as the impact of the acquisition in the current year; and (b) for an entity acquired in the prior year, we present an amount equal to the entity’s current year net revenue for the same period during which we didn’t own the entity in the prior year as the impact of the acquisition in the current year. We calculate impact of a divestiture as follows: (a) for a divestiture in the current year, we present the entity’s prior year net revenue for the same period during which we no longer owned it in the current year as impact of the divestiture in the current year; and (b) for a divestiture in the prior year, we present the entity’s prior year net revenue for the period during which we owned it in the prior year as impact of the divestiture in the current year. We calculate the impact of any acquisition or divestiture without adjusting for foreign currency exchange fluctuations. The impact of foreign currency exchange fluctuations reflects the year-over-year change in the Company’s reported net revenue attributable to changes in foreign currency exchange rates. We calculate the impact of foreign currency exchange fluctuations for the portion of the reporting period in which we recognized revenue from a foreign entity in both the current year and the prior year. The impact is calculated as the difference between (1) reported prior period net revenue (converted to U.S. dollars at historical foreign currency exchange rates) and (2) prior period net revenue converted to U.S. dollars at current period foreign exchange rates.

(2) Net New Business: Estimate of annualized revenue for new wins less annualized revenue for losses incurred in the period.

(3) Adjusted EBITDA: defined as Net income (loss) attributable to Stagwell Inc. common shareholders excluding non-operating income or expense to achieve operating income (loss), plus depreciation and amortization, stock-based compensation, deferred acquisition consideration adjustments, impairment and other losses, and other items. Other items primarily includes restructuring, certain system implementation, working capital administrative fees and acquisition-related expenses. Adjusted EBITDA for our reportable segments is reconciled to Operating Income (Loss), as Net Income (Loss) is not a relevant reportable segment financial metric.

Page 3

(4) Adjusted Diluted EPS: is defined as (i) Net income (loss) attributable to Stagwell Inc. common shareholders, plus net income (loss) attributable to Class C shareholders, excluding the impact of amortization expense, impairment and other losses, stock-based compensation, deferred acquisition consideration adjustments, discrete tax items, and other items (as defined above), based on total consolidated amounts, then allocated to Stagwell Inc. common shareholders and Class C shareholders, based on their respective income allocation percentage using a normalized effective income tax rate divided by (ii) the diluted weighted average shares outstanding. The diluted weighted average shares outstanding is calculated as (a) the diluted weighted average number of common shares outstanding plus (b) the shares of Class C Common Stock as if converted to shares of Class A Common Stock if not included because they were anti-dilutive.

(5) Free Cash Flow: defined as consolidated net cash flow from operations less cash outflow from capital expenditures and capitalized software, excluding material nonrecurring capital purchases. Free Cash Flow Conversion is the percentage of adjusted EBITDA.

Included in this earnings release are tables reconciling reported Stagwell Inc. results to arrive at certain of these non-GAAP financial measures.

Page 4

This document contains forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended (the “Securities Act”), and Section 21E of the Securities Exchange Act of 1934, as amended (the “Exchange Act”). The Company’s representatives may also make forward-looking statements orally or in writing from time to time. Statements in this document that are not historical facts, including, statements about the Company’s beliefs and expectations, future financial performance, growth, and future prospects, the Company’s strategy, business and economic trends and growth, technological leadership and differentiation, potential and completed acquisitions, anticipated and actual operating efficiencies and synergies and estimates of amounts for redeemable noncontrolling interests and deferred acquisition consideration, constitute forward-looking statements. Forward-looking statements, which are generally denoted by words such as “ability,” “aim,” “anticipate,” “assume,” “believe,” “better,” “build,” “consider,” “continue,” “could,” “develop,” “drive,” “enhance,” “estimate,” “expect,” “focus,” “forecast,” “future,” “grow,” “guidance,” “improve,” “intend,” “likely,” “maintain,” “may,” “ongoing,” “outlook,” “plan,” “position,” “possible,” “potential,” “probable,” “project,” “seek,” “should,” “target,” “will,” “would” or the negative of such terms or other variations thereof and terms of similar substance used in connection with any discussion of current plans, estimates and projections are subject to change based on a number of factors, including those outlined in this section.

Forward-looking statements in this document are based on certain key expectations and assumptions made by the Company. Although the management of the Company believes that the expectations and assumptions on which such forward-looking statements are based are reasonable, undue reliance should not be placed on the forward-looking statements because the Company can give no assurance that they will prove to be correct. The material assumptions upon which such forward-looking statements are based include, among others, assumptions with respect to general business, economic and market conditions, the competitive environment, anticipated and unanticipated tax consequences and anticipated and unanticipated costs. These forward-looking statements are based on current plans, estimates and projections, and are subject to change based on a number of factors, including those outlined in this section. These forward-looking statements are subject to various risks and uncertainties, many of which are outside the Company’s control. Therefore, you should not place undue reliance on such statements. Forward-looking statements speak only as of the date they are made, and the Company undertakes no obligation to update publicly any of them in light of new information or future events, if any.

Forward-looking statements involve inherent risks and uncertainties. A number of important factors could cause actual results to differ materially from those contained in any forward-looking statements. Such risk factors include, but are not limited to, the following:

•risks associated with international, national and regional unfavorable economic conditions, including the effect of changing tariffs and other trade policies, inflation and other macroeconomic factors that could affect the Company or its clients;

•demand for the Company’s services, which may precipitate or exacerbate other risks and uncertainties;

•inflation and actions taken by central banks to counter inflation;

•the Company’s ability to attract new clients and retain existing clients;

•the impact of a reduction in client spending and changes in client advertising, marketing and corporate communications requirements;

•financial failure of the Company’s clients;

•the Company’s ability to retain and attract key employees;

•the Company’s ability to compete in the markets in which it operates;

•the Company’s ability to achieve its cost saving initiatives;

•the Company’s implementation of strategic initiatives;

•the Company’s ability to remain in compliance with its debt agreements and the Company’s ability to finance its contingent payment obligations when due and payable, including but not limited to those relating to redeemable noncontrolling interests, deferred acquisition consideration and profit interests;

•the Company’s ability to manage its growth effectively;

•the Company’s ability to identify and complete acquisitions or other strategic transactions that complement and expand the Company’s business capabilities and successfully integrate newly acquired businesses into the Company’s operations, retain key employees, and realize cost savings, synergies and other related anticipated benefits within the expected time period;

•the Company’s ability to identify and complete divestitures and to achieve the anticipated benefits therefrom;

•the Company’s ability to develop products incorporating new technologies, including augmented reality, artificial intelligence, and virtual reality, and realize benefits from such products;

•the Company’s use of artificial intelligence, including generative artificial intelligence;

•adverse tax consequences for the Company, its operations and its stockholders, that may differ from the expectations of the Company, including that recent or future changes in tax laws, potential changes to corporate tax rates in the United States and disagreements with tax authorities on the Company’s determinations that may result in increased tax costs;

Page 5

•adverse tax consequences in connection with the business combination that formed the Company in August 2021, including the incurrence of material Canadian federal income tax (including material “emigration tax”);

•the Company’s ability to maintain an effective system of internal control over financial reporting, including the risk that the Company’s internal controls will fail to detect misstatements in its financial statements;

•the Company’s ability to accurately forecast its future financial performance and provide accurate guidance;

•the Company’s ability to protect client data from security incidents or cyberattacks;

•economic disruptions resulting from war and other economic and geopolitical tensions (such as the ongoing military conflicts in Iran and the Middle East, and between Russia and Ukraine), terrorist activities, natural disasters, public health events, and tariff and trade policies;

•stock price volatility; and

•foreign currency fluctuations.

Investors should carefully consider these risks factors, the additional risk factors outlined under the caption “Risk Factors” in this Form 10-K, and in the Company’s other filings with the Securities and Exchange Commission (the“SEC”) which are accessible on the SEC’s website at www.sec.gov.

Page 6

SCHEDULE 1

STAGWELL INC. AND SUBSIDIARIES

UNAUDITED CONSOLIDATED STATEMENTS OF OPERATIONS

(amounts in thousands, except per share amounts)

Three Months Ended March 31,

2026 2025

Revenue $ 704,143  $ 651,740

Operating expenses

Cost of services 459,531  412,087

Office and general expenses 190,639  179,362

Depreciation and amortization 44,331  42,006

694,501  633,455

Operating Income 9,642  18,285

Other income (expenses):

Interest expense, net (23,266) (23,356)

Foreign exchange, net (3,021) 1,220

Other, net

(69) 249

(26,356) (21,887)

Loss before income taxes and equity in earnings of non-consolidated affiliates

(16,714) (3,602)

Income tax (benefit) expense

(2,888) 1,722

Loss before equity in earnings of non-consolidated affiliates (13,826) (5,324)

Equity in loss of non-consolidated affiliates (121) (1)

Net loss (13,947) (5,325)

Net loss attributable to noncontrolling and redeemable noncontrolling interests 974  2,408

Net loss attributable to Stagwell Inc. common shareholders $ (12,973) $ (2,917)

Loss per common share:

Basic $ (0.05) $ (0.03)

Diluted $ (0.05) $ (0.04)

Weighted average number of common shares outstanding:

Basic 250,766  112,088

Diluted 250,766  263,737

Page 7

SCHEDULE 2

STAGWELL INC. AND SUBSIDIARIES

UNAUDITED COMPONENTS OF NET REVENUE CHANGE

(amounts in thousands)

Net Revenue - Components of Change Change

Three Months Ended March 31, 2025 Foreign Currency Net Acquisitions (Divestitures)

Organic (1)

Total Change Three Months Ended March 31, 2026 Organic Total

Marketing Services $ 215,174  $ 2,637  $ (876) $ 641  $ 2,402  $ 217,576  0.3  % 1.1  %

Digital Transformation 88,504  (134) 3,227  4,912  8,005  96,509  5.6  % 9.0  %

Media & Commerce 146,188  2,358 1,965  (1,016) 3,307  149,495  (0.7) % 2.3  %

Communications 90,981  739  240  4,814  5,793  96,774  5.3  % 6.4  %

The Marketing Cloud 25,155  1,468  —  (124) 1,344  26,499  (0.5) % 5.3  %

Corporate, eliminations and other (1,815) —  —  (414) (414) (2,229) 22.8  % NM

$ 564,187  $ 7,068  $ 4,556  $ 8,813  $ 20,437  $ 584,624  1.6  % 3.6  %

(1) See Non-GAAP Financial Measures section above for the definition of Organic Net Revenue.

Page 8

SCHEDULE 3

STAGWELL INC. AND SUBSIDIARIES

UNAUDITED SEGMENT OPERATING RESULTS

(amounts in thousands)

For the Three Months Ended March 31, 2026

Marketing Services Digital Transformation Media & Commerce Communications The Marketing Cloud Corporate, eliminations and other Total

Revenue $ 250,778  $ 101,466  $ 174,511  $ 153,102  $ 26,515  $ (2,229) $ 704,143

Billable costs 33,202  4,957  25,016  56,328  16  —  119,519

Net revenue

217,576  96,509  149,495  96,774  26,499  (2,229) 584,624

Staff costs 132,189  64,567  97,225  56,950  16,803  12,452  380,186

Administrative costs 22,732  6,388  23,173  12,747  5,190  4,132  74,362

Unbillable and other costs, net 17,680  123  13,682  2,024  6,882  —  40,391

Adjusted EBITDA (1)

44,975  25,431  15,415  25,053  (2,376) (18,813) 89,685

Stock-based compensation 5,003  1,037  1,144  2,397  115  4,552  14,248

Depreciation and amortization 12,482  5,848  7,915  6,858  6,728  4,500  44,331

Deferred acquisition consideration —  3,153  7,101  —  —  —  10,254

Other items, net (1)

2,823  1,343  3,159  1,413  656  1,816  11,210

Operating income (loss) $ 24,667  $ 14,050  $ (3,904) $ 14,385  $ (9,875) $ (29,681) $ 9,642

(1) See Non-GAAP Financial Measures section above for the definition of Adjusted EBITDA and Other items, net.

Page 9

SCHEDULE 4

STAGWELL INC. AND SUBSIDIARIES

UNAUDITED SEGMENT OPERATING RESULTS

(amounts in thousands)

For the Three Months Ended March 31, 2025

Marketing Services Digital Transformation Media & Commerce Communications The Marketing Cloud Corporate, eliminations and other Total

Revenue $ 247,996  $ 90,887  $ 160,422  $ 129,088  $ 25,162  $ (1,815) $ 651,740

Billable costs 32,822  2,383  14,234  38,107  7  —  87,553

Net revenue

215,174  88,504  146,188  90,981  25,155  (1,815) 564,187

Staff costs 127,889  59,227  94,948  58,312  17,337  10,549  368,262

Administrative costs 26,654  5,441  22,413  12,996  5,657  237  73,398

Unbillable and other costs, net 16,404  762  15,495  2,081  5,492  —  40,234

Adjusted EBITDA (1)

44,227  23,074  13,332  17,592  (3,331) (12,601) 82,293

Stock-based compensation 2,481  1,387  1,323  1,033  211  5,108  11,543

Depreciation and amortization 14,314  5,445  7,148  6,596  5,058  3,445  42,006

Deferred acquisition consideration 2,583  3,280  (1,282) 1,213  863  —  6,657

Other items, net (1)

(2,543) 226  3,931  409  114  1,665  3,802

Operating income (loss) $ 27,392  $ 12,736  $ 2,212  $ 8,341  $ (9,577) $ (22,819) $ 18,285

(1) See Non-GAAP Financial Measures section above for the definition of Adjusted EBITDA and Other items.

Page 10

SCHEDULE 5

STAGWELL INC. AND SUBSIDIARIES

UNAUDITED RECONCILIATION OF ADJUSTED DILUTED EARNINGS PER SHARE (NON-GAAP MEASURE)

(amounts in thousands, except per share amounts)

For the Three Months Ended March 31, 2026

GAAP Adjustments Non-GAAP

Net income (loss) attributable to Stagwell Inc. common shareholders

$ (12,973) $ 56,168  $ 43,195

Diluted - Weighted average number of common shares outstanding

250,766  —  250,766

Diluted EPS and Adjusted Diluted EPS (1)

$ (0.05) $ 0.17

Adjustments to Net income (loss)

Amortization $ 38,918

Stock-based compensation 14,248

Deferred acquisition consideration 10,254

Other items, net 11,210

74,630

Adjustment to GAAP income tax expense(2)

(18,462)

$ 56,168

(1) See Non-GAAP Financial Measures section above for the definition of Adjusted Diluted EPS.

(2) Represents the difference between the income tax benefit of $2.9 million at an effective tax rate of 17.3% on a GAAP basis and the income tax expense of $15.6 million at an effective tax rate of 26.5% on a non-GAAP basis. The difference reflects the tax impact of non-GAAP adjustments.

Page 11

SCHEDULE 6

STAGWELL INC. AND SUBSIDIARIES

UNAUDITED RECONCILIATION OF ADJUSTED DILUTED EARNINGS PER SHARE (NON-GAAP MEASURE)

(amounts in thousands, except per share amounts)

For the Three Months Ended March 31, 2025

GAAP Adjustments Non-GAAP

Net income (loss) attributable to Stagwell Inc. common shareholders

$ (2,917) $ 18,988  $ 16,071

Net income (loss) attributable to Class C shareholders

(6,637) 25,222  18,585

Net income (loss) attributable to Stagwell Inc. and Class C shareholders and adjusted net income

$ (9,554) $ 44,210  $ 34,656

Diluted - Weighted average number of common shares outstanding

112,088  —  112,088

Weighted average number of shares of Class C Common Stock outstanding 151,649  —  151,649

Diluted - Weighted average number of shares outstanding

263,737  —  263,737

Diluted EPS and Adjusted Diluted EPS (1)

$ (0.04) $ 0.13

Adjustments to Net income (loss)

Amortization

$ 32,981

Stock-based compensation 11,543

Deferred acquisition consideration 6,657

Other items, net 3,802

54,983

Adjustment to GAAP income tax expense(2)

(10,773)

$ 44,210

(1) See Non-GAAP Financial Measures section above for the definition of Adjusted Diluted EPS.

(2) Represents the difference between the income tax expense of $1.7 million at an effective tax rate of (47.8)% on a GAAP basis and the income tax expense of $12.5 million at an effective tax rate of 26.5% on a non-GAAP basis. The difference reflects the tax impact of non-GAAP adjustments.

Page 12

SCHEDULE 7

STAGWELL INC. AND SUBSIDIARIES

UNAUDITED CONSOLIDATED BALANCE SHEETS

(amounts in thousands)

March 31, 2026 December 31, 2025

ASSETS

Current assets

Cash and cash equivalents $ 114,935  $ 104,537

Accounts receivable, net 727,583  735,752

Expenditures billable to clients 170,293  164,694

Other current assets 202,210  157,309

Total current assets 1,215,021  1,162,292

Fixed assets, net 71,069  73,081

Right-of-use assets - operating leases 202,796  213,576

Goodwill 1,596,242  1,595,238

Other intangible assets, net 822,840  834,248

Deferred tax assets 280,064  281,057

Other assets 55,005  55,055

Total assets $ 4,243,037  $ 4,214,547

LIABILITIES, REDEEMABLE NONCONTROLLING INTERESTS ("RNCI"), AND SHAREHOLDERS’ EQUITY

Current liabilities

Accounts payable $ 526,097  $ 548,320

Accrued media 207,082  239,490

Accruals and other liabilities 266,081  291,554

Advance billings 392,959  329,815

Current portion of lease liabilities - operating leases 54,331  55,386

Current portion of deferred acquisition consideration 22,303  15,446

Total current liabilities 1,468,853  1,480,011

Long-term debt 1,439,736  1,326,013

Long-term portion of deferred acquisition consideration 27,755  24,598

Long-term lease liabilities - operating leases 213,807  224,397

Deferred tax liabilities 52,813  54,726

Long-term tax receivable agreement liability 252,390  252,390

Other liabilities 40,858  51,077

Total liabilities 3,496,212  3,413,212

Redeemable noncontrolling interests 24,317  24,968

Commitments, contingencies and guarantees

Shareholders' equity

Common shares - Class A 246  252

Paid-in capital 711,490  744,463

Retained earnings 20,082  32,930

Accumulated other comprehensive loss (26,910) (19,252)

Stagwell Inc. shareholders' equity 704,908  758,393

Noncontrolling interests 17,600  17,974

Total shareholders' equity 722,508  776,367

Total liabilities, RNCI, and shareholders’ equity

$ 4,243,037  $ 4,214,547

Page 13

SCHEDULE 8

STAGWELL INC. AND SUBSIDIARIES

UNAUDITED SUMMARY CASH FLOW DATA

(amounts in thousands)

Three Months Ended March 31,

2026 2025

Cash flows from operating activities:

Net loss $ (13,947) $ (5,325)

Adjustments to reconcile net loss to cash used in operating activities:

Stock-based compensation 14,248  11,543

Depreciation and amortization 44,331  42,006

Amortization of right-of-use lease assets and lease liability interest

16,102  17,118

Lease termination gain —  (3,529)

Deferred income taxes (635) (747)

Adjustment to deferred acquisition consideration 10,254  6,657

Other, net 1,308  (2,060)

Changes in working capital:

Accounts receivable (1,993) (44,701)

Expenditures billable to clients (5,925) 11,095

Other current assets (62,850) (32,778)

Accounts payable (18,006) (35,287)

Accrued expenses and other liabilities (55,613) (19,075)

Advance billings 63,071  15,628

Current portion of lease liabilities - operating leases (16,831) (20,558)

Net cash used in operating activities

(26,486) (60,013)

Cash flows from investing activities:

Capitalized software (22,402) (11,966)

Capital expenditures (10,665) (5,774)

Acquisitions, net of cash acquired 355  (1,090)

Other (325) (1,529)

Net cash used in investing activities

(33,037) (20,359)

Cash flows from financing activities:

Repayment of borrowings under revolving credit facility (469,000) (432,000)

Proceeds from borrowings under revolving credit facility 582,000  543,000

Shares repurchased and cancelled (40,728) (11,068)

Distributions to noncontrolling interests (366) (581)

Payment of deferred consideration —  (16,103)

Tax Receivables Agreement payment (2,554) —

Net cash provided by financing activities

69,352  83,248

Effect of exchange rate changes on cash and cash equivalents 569  3,438

Net increase in cash and cash equivalents 10,398  6,314

Cash and cash equivalents at beginning of period 104,537  131,339

Cash and cash equivalents at end of period $ 114,935  $ 137,653

Page 14

EX-99.2

EX-99.2

Filename: a1q26earningspresentatio.htm · Sequence: 3

a1q26earningspresentatio

First Quarter 2026 EARNINGS PRESENTATION APRIL 30 | 2026

This document contains forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended (the “Securities Act”), and Section 21E of the Securities Exchange Act of 1934, as amended (the “Exchange Act”). The Company’s representatives may also make forward-looking statements orally or in writing from time to time. Statements in this document that are not historical facts, including, statements about the Company’s beliefs and expectations, future financial performance, growth, and future prospects, the Company’s strategy, business and economic trends and growth, technological leadership and differentiation, potential and completed acquisitions, anticipated and actual operating efficiencies and synergies and estimates of amounts for redeemable noncontrolling interests and deferred acquisition consideration, constitute forward-looking statements. Forward-looking statements, which are generally denoted by words such as “ability,” “aim,” “anticipate,” “assume,” “believe,” “better,” “build,” “consider,” “continue,” “could,” “develop,” “drive,” “enhance,” “estimate,” “expect,” “focus,” “forecast,” “future,” “grow,” “guidance,” “improve,” “intend,” “likely,” “maintain,” “may,” “ongoing,” “outlook,” “plan,” “position,” “possible,” “potential,” “probable,” “project,” “seek,” “should,” “target,” “will,” “would” or the negative of such terms or other variations thereof and terms of similar substance used in connection with any discussion of current plans, estimates and projections are subject to change based on a number of factors, including those outlined in this section. Forward-looking statements in this document are based on certain key expectations and assumptions made by the Company. Although the management of the Company believes that the expectations and assumptions on which such forward-looking statements are based are reasonable, undue reliance should not be placed on the forward-looking statements because the Company can give no assurance that they will prove to be correct. The material assumptions upon which such forward-looking statements are based include, among others, assumptions with respect to general business, economic and market conditions, the competitive environment, anticipated and unanticipated tax consequences and anticipated and unanticipated costs. These forward-looking statements are based on current plans, estimates and projections, and are subject to change based on a number of factors, including those outlined in this section. These forward-looking statements are subject to various risks and uncertainties, many of which are outside the Company’s control. Therefore, you should not place undue reliance on such statements. Forward-looking statements speak only as of the date they are made, and the Company undertakes no obligation to update publicly any of them in light of new information or future events, if any. Forward-looking statements involve inherent risks and uncertainties. A number of important factors could cause actual results to differ materially from those contained in any forward-looking statements. Such risk factors include, but are not limited to, the following: • risks associated with international, national and regional unfavorable economic conditions, including the effect of changing tariffs and other trade policies, inflation and other macroeconomic factors that could affect the Company or its clients; • demand for the Company’s services, which may precipitate or exacerbate other risks and uncertainties; • inflation and actions taken by central banks to counter inflation; • the Company’s ability to attract new clients and retain existing clients; • the impact of a reduction in client spending and changes in client advertising, marketing and corporate communications requirements; • financial failure of the Company’s clients; • the Company’s ability to retain and attract key employees; • the Company’s ability to compete in the markets in which it operates; • the Company’s ability to achieve its cost saving initiatives; • the Company’s implementation of strategic initiatives; • the Company’s ability to remain in compliance with its debt agreements and the Company’s ability to finance its contingent payment obligations when due and payable, including but not limited to those relating to redeemable noncontrolling interests, deferred acquisition consideration and profit interests; • the Company’s ability to manage its growth effectively; • the Company’s ability to identify and complete acquisitions or other strategic transactions that complement and expand the Company’s business capabilities and successfully integrate newly acquired businesses into the Company’s operations, retain key employees, and realize cost savings, synergies and other related anticipated benefits within the expected time period; • the Company’s ability to identify and complete divestitures and to achieve the anticipated benefits therefrom; • the Company’s ability to develop products incorporating new technologies, including augmented reality, artificial intelligence, and virtual reality, and realize benefits from such products; • the Company’s use of artificial intelligence, including generative artificial intelligence; • adverse tax consequences for the Company, its operations and its stockholders, that may differ from the expectations of the Company, including that recent or future changes in tax laws, potential changes to corporate tax rates in the United States and disagreements with tax authorities on the Company’s determinations that may result in increased tax costs; • adverse tax consequences in connection with the business combination that formed the Company in August 2021, including the incurrence of material Canadian federal income tax (including material “emigration tax”); • the Company’s ability to maintain an effective system of internal control over financial reporting, including the risk that the Company’s internal controls will fail to detect misstatements in its financial statements; • the Company’s ability to accurately forecast its future financial performance and provide accurate guidance; • the Company’s ability to protect client data from security incidents or cyberattacks; • economic disruptions resulting from war and other economic and geopolitical tensions (such as the ongoing military conflicts in Iran and the Middle East, and between Russia and Ukraine), terrorist activities, natural disasters, public health events, and tariff and trade policies; • stock price volatility; and • foreign currency fluctuations. Investors should carefully consider these risk factors, other risk factors described herein, and the additional risk factors outlined in more detail in our 2025 Form 10-K, filed with the Securities and Exchange Commission (the “SEC”) on March 13, 2026, and accessible on the SEC’s website at www.sec.gov, under the caption “Risk Factors,” and in the Company’s other SEC filings. FORWARD LOOKING STATEMENTS & OTHER INFORMATION 2

DEFINITIONS OF NON-GAAP FINANCIAL MEASURES 3 In addition to its reported results, Stagwell Inc. has included in this earnings presentation certain financial results that the Securities and Exchange Commission (SEC) defines as "non-GAAP Financial Measures." Management believes that such non-GAAP financial measures, when read in conjunction with the Company's reported results, can provide useful supplemental information for investors analyzing period to period comparisons of the Company's results. Such non-GAAP financial measures include the following: Pro Forma Results: The Pro Forma amounts presented for each period were prepared by combining the historical standalone statements of operations for each of legacy MDC and SMG. The unaudited pro forma results are provided for illustrative purposes only and do not purport to represent what the actual consolidated results of operations or consolidated financial condition would have been had the combination actually occurred on the date indicated, nor do they purport to project the future consolidated results of operations or consolidated financial condition for any future period or as of any future date. The Company has excluded a quantitative reconciliation of Adjusted Pro Forma EBITDA to net income under the “unreasonable efforts” exception in Item 10(e)(1)(i)(B) of Regulation S-K. 1. Organic Net Revenue: “Organic net revenue growth” and “Organic net revenue decline” reflects the year-over-year change in the Company's reported net revenue attributable to the Company's management of the entities it owns. We calculate organic net revenue growth (decline) by subtracting the net impact of acquisitions (divestitures) and the impact of foreign currency exchange fluctuations from the aggregate year-over- year increase or decrease in the Company's reported net revenue. The net impact of acquisitions (divestitures) reflects the year-over-year change in the Company’s reported net revenue attributable to the impact of all individual entities that were acquired or divested in the current and prior year. We calculate impact of an acquisition as follows: (a) for an entity acquired during the current year, we present the entity’s current period reported revenue as the impact of the acquisition in the current year; and (b) for an entity acquired in the prior year, we present an amount equal to the entity’s current year net revenue for the same period during which we didn’t own the entity in the prior year as the impact of the acquisition in the current year. We calculate impact of a divestiture as follows: (a) for a divestiture in the current year, we present the entity’s prior year net revenue for the same period during which we no longer owned it in the current year as impact of the divestiture in the current year; and (b) for a divestiture in the prior year, we present the entity’s prior year net revenue for the period during which we owned it in the prior year as impact of the divestiture in the current year. We calculate the impact of any acquisition or divestiture without adjusting for foreign currency exchange fluctuations. The impact of foreign currency exchange fluctuations reflects the year-over-year change in the Company’s reported net revenue attributable to changes in foreign currency exchange rates. We calculate the impact of foreign currency exchange fluctuations for the portion of the reporting period in which we recognized revenue from a foreign entity in both the current year and the prior year. The impact is calculated as the difference between (1) reported prior period net revenue (converted to U.S. dollars at historical foreign currency exchange rates) and (2) prior period net revenue converted to U.S. dollars at current period foreign exchange rates. 2. Net New Business: Estimate of annualized revenue for new wins less annualized revenue for losses incurred in the period. 3. Adjusted EBITDA: defined as Net income (loss) attributable to Stagwell Inc. common shareholders excluding non-operating income or expense to achieve operating income (loss), plus depreciation and amortization, stock-based compensation, deferred acquisition consideration adjustments, impairment and other losses, and other items. Other items primarily includes restructuring, certain system implementation, working capital administrative fees and acquisition-related expenses. Adjusted EBITDA for our reportable segments is reconciled to Operating Income (Loss), as Net Income (Loss) is not a relevant reportable segment financial metric. 4. Adjusted Diluted EPS” is defined as (i) Net income (loss) attributable to Stagwell Inc. common shareholders, plus net income (loss) attributable to Class C shareholders, excluding the impact of amortization expense, impairment and other losses, stock-based compensation, deferred acquisition consideration adjustments, discrete tax items, and other items (as defined above), based on total consolidated amounts, then allocated to Stagwell Inc. common shareholders and Class C shareholders, based on their respective income allocation percentage using a normalized effective income tax rate divided by (ii) the diluted weighted average shares outstanding. The diluted weighted average shares outstanding is calculated as (a) the diluted weighted average number of common shares outstanding plus (b) the shares of Class C Common Stock as if converted to shares of Class A Common Stock if not included because they were anti-dilutive. 5. Free Cash Flow: defined as consolidated net cash flow from operations less cash outflow from capital expenditures and capitalized software, excluding material nonrecurring capital purchases. Free Cash Flow Conversion is the percentage of adjusted EBITDA. 6. Financial Guidance: The Company provides guidance on a non-GAAP basis as it cannot predict certain elements which are included in reported GAAP results. Included in this earnings presentation are tables reconciling reported Stagwell Inc. results to arrive at certain of these non-GAAP financial measures.

4 FINANCIAL Outlook Reiterate Full-Year 2026 Outlook Total Net Revenue Growth8% - 12% Adjusted EBITDA$475M - $525M EBITDA Conversion on Free Cash Flow50% - 60% In Adjusted Earnings Per Share$0.98 - $1.12 Note: Guidance as of 04/30/2026. The Company has excluded a quantitative reconciliation with respect to the Company’s 2026 guidance under the “unreasonable efforts” exception in Item 10(e)(1)(i)(B) of Regulation S-K. See "Non-GAAP Financial Measures" on previous slide for additional information on definitions for Total Net Revenue, Adjusted EBITDA, Adjusted Diluted Earnings Per Share, and Free Cash Flow. Please refer to our investor website at stagwellglobal.com/investors for information on Forward Looking Statements and risk factors outlined in our 2025 Form 10-K, filed with the Securities and Exchange Commission (the “SEC”) on March 13 2026, and accessible on the SEC’s website at www.sec.gov, under the caption “Risk Factors,” and in the Company’s other SEC filings.

F I R S T Q U A R T E R H I G H L I G H T S NET REVENUE: $ 585M | NET LEVERAGE RATIO: 3.11x | ADJ. EBITDA: $90M Investing IN THE BUSINESS Accelerating MOMENTUM Improving CASH & COSTS Continuing NEW BUSINESS MOMENTUM Expanded relationship with The Trade Desk to adopt agentic Koa agents aiding in programmatic media buy Instituted client accountability program powered by AI, decreasing client churn across the business by more than 10% YoY Repurchased 7.3M shares in 1Q26 bringing share count down to 246M at quarter close, approximately 19M lower than in April 2025 Strengthened GTM team, appointing Michael Twedell as SVP, Enterprise AI Solutions and Nicole Souza as Chief Growth Officer for North America Record $141M of net new business, Bringing LTM NNB to $486M Secured multiple high profile new customer wins and expansions with leading companies including Adobe, Google, and Indeed Commitments from 3 customers for The Machine including with Con Edison, Microsoft and a global spirits brand Top 100 customers grew 15% YoY in 1Q26 Post 1Q close, won largest ever government mandate Revenue growth of 8% YoY to $704M, Net revenue growth of 4% YoY to $585M Performance driven by net revenue growth of 9% in Digital Transformation; Organic two- year stack of more than 22% continues improving trend and demonstrates accelerating momentum Communications returned to 6% growth in 1Q26 ahead of political super-cycle kicking off mid-year 1Q26 adjusted EPS grew 31% to $0.17 Adjusted EBITDA grew 9% to $90M, a 15% margin, 75bps higher than 1Q25 Cash Flow from Operations improved $34M YoY Labor Ratio in 1Q26 stands at 63.9%, an improvement of 110bps versus the prior year period Actioned $54 million to date of the $80-$100M of cost savings by YE26 announced in April 2025 Note: Net Leverage Ratio defined as Net Debt divided by LTM Adjusted EBITDA.

S U M M A R Y C O M B I N E D F I N A N C I A L S Note: Figures may not foot due to rounding. Three Months Ended March 31, 20252026 $651,740$704,143Revenue 87,553119,519Billable Costs $564,187$584,624Net Revenue 368,262380,186Staff costs 73,39874,362Administrative costs 40,23440,391Unbillable and other costs, net $82,293$89,685Adjusted EBITDA 11,54314,248Stock-based compensation 42,00644,331Depreciation and amortization 6,65710,254Deferred acquisition consideration 3,80211,210Other items, net $18,285$9,642Operating income 14.6%15.3%Adjusted EBITDA margin (on net revenue) 6 $ in Thousands

1 Q 2 6 N E T R E V E N U E Note: Figures may not foot due to rounding. Three Months Ended March 31, 2026 ChangeNet Revenue $564,187March 31, 2025 1.6%8,813Organic net revenue 0.8%4,556Acquisitions (divestitures), net 1.3%7,068Foreign currency 3.6%$20,437Total Change $584,624March 31, 2026 7 $ in Thousands

1 Q 2 6 N E T R E V E N U E B Y G E O G R A P H Y Note: Figures may not foot due to rounding. 1Q 8 1Q26 Net Revenue Growth Organic Net Revenue Growth 3.1%3.3%United States 7.0%(2.0)%EMEA 1.8%(10.0)%Rest of World 3.6%1.6%TOTAL 78% 7% 16% % OF NET REVENUE

G L O B A L N E T W O R K 9 North America Latin America Europe Asia Pacific • Australia • China • Hong Kong • India • Indonesia • Japan • Malaysia • Philippines • Taiwan • Thailand • Singapore • South Korea Middle East & Africa • Austria • Belgium • Bulgaria • Italy • Latvia • Romania • Slovak Republic • Slovenia • Switzerland • Turkey • Ukraine • France • Germany • Netherlands • Poland • Spain • Sweden • United Kingdom • Argentina • Aruba • Bolivia • Brazil • Curacao • Colombia • Costa Rica • Dominican • Ecuador • El Salvador • Guatemala • Honduras • Jamaica • Nicaragua • Panama • Peru • Republic • Uruguay • Venezuela • Algeria • Bahrain • Egypt • Jordan • Kuwait • Lebanon • Libya • Morocco • Nigeria • Oman • Saudi Arabia • South Africa • Tunisia • United Arab Emirates Stagwell’s Affiliate Network Significantly Expands Our Global Footprint • Canada • USA • Mexico Note: As of March 31, 2026. Countries listed represent a subset of locations.

O U R O P E R A T I N G S E G M E N T S Marketing Services Scaling Brand Reach with AI-Powered Creativity Media & Commerce Delivering Data-Driven Outcomes for Brand Performance Communications Intelligent & Highly-Targeted Communications Strategies Digital Transformation Building & Designing Digital Platforms & Technology 2 3 4 5 10 The Marketing Cloud SaaS & DaaS Tools for the Modern Marketer 1 Notes: Figures may not foot due to rounding 4% 16% 26% 16% 38% % OF 1Q26 NET REVENUE BY SEGMENT

R E V E N U E G R O W T H B Y S E G M E N T 1Q26 Revenue Growth Organic Revenue Growth Operating Segment 5.6%(0.4)%The Marketing Cloud 11.7%6.3%Digital Transformation 8.8%(1.4)%Media & Commerce 18.4%17.6%Communications 1.1%2.7%Marketing Services 8.0%5.0%TOTAL % OF REVENUE 1Q 4% 14% 25% 20% 38%

N E T R E V E N U E G R O W T H B Y S E G M E N T 1Q26 Net Revenue Growth Organic Net Revenue Growth Operating Segment 5.3%(0.5)%The Marketing Cloud 9.0%5.6%Digital Transformation 2.3%(0.7)%Media & Commerce 6.4%5.3%Communications 1.1%0.3%Marketing Services 3.6%1.6%TOTAL % OF NET REVENUE 1Q 4% 16% 26% 16% 38%

A D J E B I T D A G R O W T H B Y S E G M E N T Note: Figures may not foot due to rounding. *Adjusted EBITDA percentages in pyramid does not adjust for corporate eliminations **The Marketing Cloud adjusted EBITDA in 1Q26 improved y/y to $(2.4)m from $(3.3)m; 1Q26Operating Segment NQThe Marketing Cloud** 10.2%Digital Transformation 15.6%Media & Commerce 42.4%Communications 1.7%Marketing Services 9.0%TOTAL % OF ADJ. EBITDA* 1Q Adj. EBITDA* Growth Y/Y (2)% 23% 14% 23% 41%

D I G I T A L T R A N S F O R M A T I O N G R O W T H -24.5% -26.3% -17.0% -3.5% -1.1% -0.7% 10.0% 13.2% 22.5% -30.0% -20.0% -10.0% 0.0% 10.0% 20.0% 30.0% 1Q24 2Q24 3Q24 4Q24 1Q25 2Q25 3Q25 4Q25 1Q26 Two-Year Organic Net Revenue Growth Stack Note: Two-Year Stack calculated as current period growth plus prior year same period growth. Chart represents Organic Net Revenue Growth for the Digital Transformation segment. Refer to “Definitions of Non-GAAP Financial Measures” on Slide 3 of this presentation for definition of “Organic Net Revenue”.

N E W B U S I N E S S U P D A T E 15 PER CLIENT AT TOP 25 Notable Business WINS & EXPANSIONS Net New Business $141M1Q26 $486MLTM Avg. Net Revenue $6.7M1Q26

G R O W T H D R I V E R S F O R 2 0 2 6 $54M $53M $66M $130M $141M 1Q22 1Q23 1Q24 1Q25 1Q26 1Q Net New Business Growth from Top 100 Customers (versus 1Q25) 15% Reduction in Client Churn (versus 1Q25) 10%+ Increase in Net New Business (versus 1Q25) $11M Note: Net New Business defined as estimate of annualized revenue for new wins less annualized revenue for losses incurred in the period .

P R O G R E S S T O W A R D S E N T E R P R I S E S O F T W A R E T A R G E T Preliminary Target Progress $25M $16M Identified Pipeline $12M Committed Revenue $28M Identified Pipeline + Committed Revenue

18 LIQUIDITY Available Liquidity (as of 03/31/2026) $750Commitment Under Credit Facility 350Drawn 16Letters of Credit $384Undrawn Commitments Under Facility 115Total Cash & Cash Equivalents $499Total Available Liquidity $ in Millions Note: Numbers may not foot due to rounding.

19 MAINTAINING DISCIPLINE AROUND Deferred Acquisition Costs DAC DECREASED BY $43M FROM 1Q25 QUARTER-END BALANCE $51M FROM 1Q24 QUARTER-END BALANCE $116M FROM 1Q23 QUARTER-END BALANCE Numbers may not foot due to rounding. $166M $101M $93M $50M 1Q23 1Q24 1Q25 1Q26

A D J U S T E D E A R N I N G S P E R S H A R E Three Months Ended March 31, 2026 Non-GAAPAdjustmentsReported (GAAP)$ and Shares in Thousands $ 43,195$56,168$ (12,973)Net income (loss) attributable to Stagwell Inc. common shareholders 250,766—250,766Diluted - Weighted average number of common shares outstanding $ 0.17$ (0.05)Adjusted earnings per share (diluted) Adjustments to net income $ 38,918Amortization expense 14,248Stock-based compensation 10,254Deferred acquisition consideration 11,210Other items, net 74,630Total add-backs (18,462)Adjusted tax expense 56,168 20 Note: Numbers may not foot due to rounding.

G A A P C O N S O L I D A T E D O P E R A T I N G P E R F O R M A N C E Note: Numbers may not foot due to rounding. 21 Three Months Ended March 31, 20252026$ and Shares in Thousands $ 651,740$ 704,143Revenue 412,087459,531Cost of services 179,362190,639Office & general expenses 42,00644,331Depreciation & amortization $ 633,455$ 694,501Total operating expenses $ 18,285$ 9,642Operating income (23,356)(23,266)Interest expense, net 1,220(3,021)Foreign exchange, net 249(69)Other, net $ (21,887)$ (26,356)Other income (expenses) (3,602)(16,714)Loss before income taxes and equity in earnings of non-consolidated affiliates 1,722(2,888)Income tax (benefit) expense $ (5,324)$ (13,826)Loss before equity in earnings of non-consolidated affiliates (1)(121)Equity in loss of non-consolidated affiliates $ (5,325)$ (13,947)Net loss 2,408974Net loss attributable to non-controlling & redeemable non-controlling interests $ (2,917)$ (12,973)Net loss attributable to Stagwell Inc. common shareholders Loss Per Share $ (0.03)$ (0.05)Basic $ (0.04)$ (0.05)Diluted Weighted Average Number of Shares Outstanding 112,088250,766Basic 263,737250,766Diluted

C A P I T A L S T R U C T U R E 1. A portion of the DAC will be paid with approximately 2.3m shares assuming conversion as of 4/29/26. 2. Includes redeemable non-controlling interest and obligations in connection with profit interests held by employees. 3. Non-consolidated investments 4. Share Count does not include portion of DAC to be settled in stock. Pro Forma total share count as of 4/22/2026 would be 247.9m Class A shares, 3.2m shares to settle DAC and 9.4m share-based awards, for a total of 260.5m shares outstanding. Net Debt & Debt-Like ($M, as of 03/31/2026) $ 350Revolving Credit Facility 1,100Bonds 18NCI 50DAC1 24RNCI2 (21)Less: Investments3 (115)Less: Cash $ 1,406TOTAL NET DEBT & DEBT-LIKE Share Count4 (Thousands, as of 4/22/2026) 247,854Class A 9,373Share-based awards 257,227DILUTED 22

S H A R E C O U N T T R A J E C T O R Y 298.0M 291.0M 266.5M 265.5M 246.4M 1Q22 1Q23 1Q24 1Q25 1Q26 Shares Outstanding Note: Shares Outstanding includes all Class A, B and C shares outstanding at the end of the specified quarter. Class B and Class C shares are no longer extant.. Reduction in Share Count (versus 1Q25) 19M Reduction in Share Count (versus 1Q22) 52M Available to Repurchase Shares Under Current Plan $356M

Thank You Contact Us: IR@StagwellGlobal.com

GRAPHIC

GRAPHIC

Filename: a1q26earningspresentatio001.jpg · Sequence: 7

Binary file (49373 bytes)

Download a1q26earningspresentatio001.jpg

GRAPHIC

GRAPHIC

Filename: a1q26earningspresentatio002.jpg · Sequence: 8

Binary file (187084 bytes)

Download a1q26earningspresentatio002.jpg

GRAPHIC

GRAPHIC

Filename: a1q26earningspresentatio003.jpg · Sequence: 9

Binary file (203142 bytes)

Download a1q26earningspresentatio003.jpg

GRAPHIC

GRAPHIC

Filename: a1q26earningspresentatio004.jpg · Sequence: 10

Binary file (75856 bytes)

Download a1q26earningspresentatio004.jpg

GRAPHIC

GRAPHIC

Filename: a1q26earningspresentatio005.jpg · Sequence: 11

Binary file (138533 bytes)

Download a1q26earningspresentatio005.jpg

GRAPHIC

GRAPHIC

Filename: a1q26earningspresentatio006.jpg · Sequence: 12

Binary file (73902 bytes)

Download a1q26earningspresentatio006.jpg

GRAPHIC

GRAPHIC

Filename: a1q26earningspresentatio007.jpg · Sequence: 13

Binary file (57899 bytes)

Download a1q26earningspresentatio007.jpg

GRAPHIC

GRAPHIC

Filename: a1q26earningspresentatio008.jpg · Sequence: 14

Binary file (55825 bytes)

Download a1q26earningspresentatio008.jpg

GRAPHIC

GRAPHIC

Filename: a1q26earningspresentatio009.jpg · Sequence: 15

Binary file (90387 bytes)

Download a1q26earningspresentatio009.jpg

GRAPHIC

GRAPHIC

Filename: a1q26earningspresentatio010.jpg · Sequence: 16

Binary file (71962 bytes)

Download a1q26earningspresentatio010.jpg

GRAPHIC

GRAPHIC

Filename: a1q26earningspresentatio011.jpg · Sequence: 17

Binary file (59101 bytes)

Download a1q26earningspresentatio011.jpg

GRAPHIC

GRAPHIC

Filename: a1q26earningspresentatio012.jpg · Sequence: 18

Binary file (60404 bytes)

Download a1q26earningspresentatio012.jpg

GRAPHIC

GRAPHIC

Filename: a1q26earningspresentatio013.jpg · Sequence: 19

Binary file (63919 bytes)

Download a1q26earningspresentatio013.jpg

GRAPHIC

GRAPHIC

Filename: a1q26earningspresentatio014.jpg · Sequence: 20

Binary file (57614 bytes)

Download a1q26earningspresentatio014.jpg

GRAPHIC

GRAPHIC

Filename: a1q26earningspresentatio015.jpg · Sequence: 21

Binary file (74775 bytes)

Download a1q26earningspresentatio015.jpg

GRAPHIC

GRAPHIC

Filename: a1q26earningspresentatio016.jpg · Sequence: 22

Binary file (62438 bytes)

Download a1q26earningspresentatio016.jpg

GRAPHIC

GRAPHIC

Filename: a1q26earningspresentatio017.jpg · Sequence: 23

Binary file (49513 bytes)

Download a1q26earningspresentatio017.jpg

GRAPHIC

GRAPHIC

Filename: a1q26earningspresentatio018.jpg · Sequence: 24

Binary file (71474 bytes)

Download a1q26earningspresentatio018.jpg

GRAPHIC

GRAPHIC

Filename: a1q26earningspresentatio019.jpg · Sequence: 25

Binary file (70295 bytes)

Download a1q26earningspresentatio019.jpg

GRAPHIC

GRAPHIC

Filename: a1q26earningspresentatio020.jpg · Sequence: 26

Binary file (72171 bytes)

Download a1q26earningspresentatio020.jpg

GRAPHIC

GRAPHIC

Filename: a1q26earningspresentatio021.jpg · Sequence: 27

Binary file (90661 bytes)

Download a1q26earningspresentatio021.jpg

GRAPHIC

GRAPHIC

Filename: a1q26earningspresentatio022.jpg · Sequence: 28

Binary file (73021 bytes)

Download a1q26earningspresentatio022.jpg

GRAPHIC

GRAPHIC

Filename: a1q26earningspresentatio023.jpg · Sequence: 29

Binary file (65764 bytes)

Download a1q26earningspresentatio023.jpg

GRAPHIC

GRAPHIC

Filename: a1q26earningspresentatio024.jpg · Sequence: 30

Binary file (38277 bytes)

Download a1q26earningspresentatio024.jpg

GRAPHIC

GRAPHIC

Filename: image.jpg · Sequence: 31

Binary file (7641 bytes)

Download image.jpg

XML — IDEA: XBRL DOCUMENT

XML

Filename: R1.htm · Sequence: 33

v3.26.1

Cover Page Cover Page

Apr. 30, 2026

Cover [Abstract]

Entity Central Index Key

0000876883

Document Type

8-K

Document Period End Date

Apr. 30, 2026

Entity Registrant Name

Stagwell Inc.

Entity Incorporation, State or Country Code

DE

Entity File Number

001-13718

Entity Tax Identification Number

86-1390679

Entity Address, Address Line One

One World Trade Center, Floor 65

Entity Address, City or Town

New York

Entity Address, State or Province

NY

Entity Address, Postal Zip Code

10007

City Area Code

646

Local Phone Number

429-1800

Written Communications

false

Soliciting Material

false

Pre-commencement Tender Offer

false

Pre-commencement Issuer Tender Offer

false

Title of 12(b) Security

Class A Common Stock, $0.001 par value

Entity Emerging Growth Company

false

Trading Symbol

STGW

Security Exchange Name

NASDAQ

Amendment Flag

false

X

- Definition

Boolean flag that is true when the XBRL content amends previously-filed or accepted submission.

+ References

No definition available.

+ Details

Name:

dei_AmendmentFlag

Namespace Prefix:

dei_

Data Type:

xbrli:booleanItemType

Balance Type:

na

Period Type:

duration

X

- Definition

Area code of city

+ References

No definition available.

+ Details

Name:

dei_CityAreaCode

Namespace Prefix:

dei_

Data Type:

xbrli:normalizedStringItemType

Balance Type:

na

Period Type:

duration

X

- Definition

Cover page.

+ References

No definition available.

+ Details

Name:

dei_CoverAbstract

Namespace Prefix:

dei_

Data Type:

xbrli:stringItemType

Balance Type:

na

Period Type:

duration

X

- Definition

For the EDGAR submission types of Form 8-K: the date of the report, the date of the earliest event reported; for the EDGAR submission types of Form N-1A: the filing date; for all other submission types: the end of the reporting or transition period. The format of the date is YYYY-MM-DD.

+ References

No definition available.

+ Details

Name:

dei_DocumentPeriodEndDate

Namespace Prefix:

dei_

Data Type:

xbrli:dateItemType

Balance Type:

na

Period Type:

duration

X

- Definition

The type of document being provided (such as 10-K, 10-Q, 485BPOS, etc). The document type is limited to the same value as the supporting SEC submission type, or the word 'Other'.

+ References

No definition available.

+ Details

Name:

dei_DocumentType

Namespace Prefix:

dei_

Data Type:

dei:submissionTypeItemType

Balance Type:

na

Period Type:

duration

X

- Definition

Address Line 1 such as Attn, Building Name, Street Name

+ References

No definition available.

+ Details

Name:

dei_EntityAddressAddressLine1

Namespace Prefix:

dei_

Data Type:

xbrli:normalizedStringItemType

Balance Type:

na

Period Type:

duration

X

- Definition

Name of the City or Town

+ References

No definition available.

+ Details

Name:

dei_EntityAddressCityOrTown

Namespace Prefix:

dei_

Data Type:

xbrli:normalizedStringItemType

Balance Type:

na

Period Type:

duration

X

- Definition

Code for the postal or zip code

+ References

No definition available.

+ Details

Name:

dei_EntityAddressPostalZipCode

Namespace Prefix:

dei_

Data Type:

xbrli:normalizedStringItemType

Balance Type:

na

Period Type:

duration

X

- Definition

Name of the state or province.

+ References

No definition available.

+ Details

Name:

dei_EntityAddressStateOrProvince

Namespace Prefix:

dei_

Data Type:

dei:stateOrProvinceItemType

Balance Type:

na

Period Type:

duration

X

- Definition

A unique 10-digit SEC-issued value to identify entities that have filed disclosures with the SEC. It is commonly abbreviated as CIK.

+ References

Reference 1: http://www.xbrl.org/2003/role/presentationRef

-Publisher SEC

-Name Exchange Act

-Number 240

-Section 12

-Subsection b-2

+ Details

Name:

dei_EntityCentralIndexKey

Namespace Prefix:

dei_

Data Type:

dei:centralIndexKeyItemType

Balance Type:

na

Period Type:

duration

X

- Definition

Indicate if registrant meets the emerging growth company criteria.

+ References

Reference 1: http://www.xbrl.org/2003/role/presentationRef

-Publisher SEC

-Name Exchange Act

-Number 240

-Section 12

-Subsection b-2

+ Details

Name:

dei_EntityEmergingGrowthCompany

Namespace Prefix:

dei_

Data Type:

xbrli:booleanItemType

Balance Type:

na

Period Type:

duration

X

- Definition

Commission file number. The field allows up to 17 characters. The prefix may contain 1-3 digits, the sequence number may contain 1-8 digits, the optional suffix may contain 1-4 characters, and the fields are separated with a hyphen.

+ References

No definition available.

+ Details

Name:

dei_EntityFileNumber

Namespace Prefix:

dei_

Data Type:

dei:fileNumberItemType

Balance Type:

na

Period Type:

duration

X

- Definition

Two-character EDGAR code representing the state or country of incorporation.

+ References

No definition available.

+ Details

Name:

dei_EntityIncorporationStateCountryCode

Namespace Prefix:

dei_

Data Type:

dei:edgarStateCountryItemType

Balance Type:

na

Period Type:

duration

X

- Definition

The exact name of the entity filing the report as specified in its charter, which is required by forms filed with the SEC.

+ References

Reference 1: http://www.xbrl.org/2003/role/presentationRef

-Publisher SEC

-Name Exchange Act

-Number 240

-Section 12

-Subsection b-2

+ Details

Name:

dei_EntityRegistrantName

Namespace Prefix:

dei_

Data Type:

xbrli:normalizedStringItemType

Balance Type:

na

Period Type:

duration

X

- Definition

The Tax Identification Number (TIN), also known as an Employer Identification Number (EIN), is a unique 9-digit value assigned by the IRS.

+ References

Reference 1: http://www.xbrl.org/2003/role/presentationRef

-Publisher SEC

-Name Exchange Act

-Number 240

-Section 12

-Subsection b-2

+ Details

Name:

dei_EntityTaxIdentificationNumber

Namespace Prefix:

dei_

Data Type:

dei:employerIdItemType

Balance Type:

na

Period Type:

duration

X

- Definition

Local phone number for entity.

+ References

No definition available.

+ Details

Name:

dei_LocalPhoneNumber

Namespace Prefix:

dei_

Data Type:

xbrli:normalizedStringItemType

Balance Type:

na

Period Type:

duration

X

- Definition

Boolean flag that is true when the Form 8-K filing is intended to satisfy the filing obligation of the registrant as pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act.

+ References

Reference 1: http://www.xbrl.org/2003/role/presentationRef

-Publisher SEC

-Name Exchange Act

-Number 240

-Section 13e

-Subsection 4c

+ Details

Name:

dei_PreCommencementIssuerTenderOffer

Namespace Prefix:

dei_

Data Type:

xbrli:booleanItemType

Balance Type:

na

Period Type:

duration

X

- Definition

Boolean flag that is true when the Form 8-K filing is intended to satisfy the filing obligation of the registrant as pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act.

+ References

Reference 1: http://www.xbrl.org/2003/role/presentationRef

-Publisher SEC

-Name Exchange Act

-Number 240

-Section 14d

-Subsection 2b

+ Details

Name:

dei_PreCommencementTenderOffer

Namespace Prefix:

dei_

Data Type:

xbrli:booleanItemType

Balance Type:

na

Period Type:

duration

X

- Definition

Title of a 12(b) registered security.

+ References

Reference 1: http://www.xbrl.org/2003/role/presentationRef

-Publisher SEC

-Name Exchange Act

-Number 240

-Section 12

-Subsection b

+ Details

Name:

dei_Security12bTitle

Namespace Prefix:

dei_

Data Type:

dei:securityTitleItemType

Balance Type:

na

Period Type:

duration

X

- Definition

Name of the Exchange on which a security is registered.

+ References

Reference 1: http://www.xbrl.org/2003/role/presentationRef

-Publisher SEC

-Name Exchange Act

-Number 240

-Section 12

-Subsection d1-1

+ Details

Name:

dei_SecurityExchangeName

Namespace Prefix:

dei_

Data Type:

dei:edgarExchangeCodeItemType

Balance Type:

na

Period Type:

duration

X

- Definition

Boolean flag that is true when the Form 8-K filing is intended to satisfy the filing obligation of the registrant as soliciting material pursuant to Rule 14a-12 under the Exchange Act.

+ References

Reference 1: http://www.xbrl.org/2003/role/presentationRef

-Publisher SEC

-Name Exchange Act

-Number 240

-Section 14a

-Subsection 12

+ Details

Name:

dei_SolicitingMaterial

Namespace Prefix:

dei_

Data Type:

xbrli:booleanItemType

Balance Type:

na

Period Type:

duration

X

- Definition

Trading symbol of an instrument as listed on an exchange.

+ References

No definition available.

+ Details

Name:

dei_TradingSymbol

Namespace Prefix:

dei_

Data Type:

dei:tradingSymbolItemType

Balance Type:

na

Period Type:

duration

X

- Definition

Boolean flag that is true when the Form 8-K filing is intended to satisfy the filing obligation of the registrant as written communications pursuant to Rule 425 under the Securities Act.

+ References

Reference 1: http://www.xbrl.org/2003/role/presentationRef

-Publisher SEC

-Name Securities Act

-Number 230

-Section 425

+ Details

Name:

dei_WrittenCommunications

Namespace Prefix:

dei_

Data Type:

xbrli:booleanItemType

Balance Type:

na

Period Type:

duration