SUBSCRIPTION ONLY Earnings Reports Stagwell Posts Best Results Yet as Mark Penn Eyes Government Contracts CEO Mark Penn said Stagwell’s AI tools can help clients’ reduce their marketing costs by $100 million per year Christopher Cicchiello By Christopher Cicchiello --> The numbers $664 million – Total net revenue for Q3 2026, an 8% increase year over year (YoY)
25% – EBITDA growth YoY, totaling $145 million
$1.5 billion – Size of Stagwell’s new five-year deal with federal government department
$168 million – Net new business revenue for Q3 2026, which totaled $586 million in the last 12 months
$490 billion to $540 billion – Guidance for full-year adjusted EBITDA
8% to 12% — Full-year net revenue growth guidance for 2026
9.85% — Stagwell’s stock increase after the earnings report
Stagwell notched its best quarter in its 5-year history on the public markets as it eyes the government sector, CEO Mark Penn told investors on the Q3 earnings call.
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Christopher Cicchiello is ADWEEK's agencies reporter. Previously, he was on the breaking news assignment desk at NBC News in Washington D.C., where he earned an Emmy nomination for his 2024 election coverage. His byline has appeared in NBC News, TODAY, Quincy News, The Times Union, and The Daily Orange.
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