Core Insights - Stagwell Inc. reported a year-over-year revenue growth of 5% for Q2 2025, with net revenue growth of 8% [1][5] - The company achieved a net loss of $5 million attributable to common shareholders in Q2, while adjusted EBITDA reached $93 million, reflecting a 23% increase excluding advocacy [1][5] - Stagwell reiterated its 2025 guidance, projecting total net revenue growth of approximately 8% and adjusted EBITDA between $410 million and $460 million [1][6] Financial Performance - Q2 2025 revenue totaled $707 million, a 5% increase compared to the same period last year; year-to-date (YTD) revenue reached $1,359 million, up 1% [5] - Excluding advocacy, Q2 revenue was $651 million, marking a 9% increase; YTD revenue excluding advocacy was $1,261 million, a 5% increase [5] - Q2 net revenue was $598 million, an 8% increase year-over-year, while YTD net revenue was $1,162 million, a 7% increase [5] - Adjusted EBITDA for Q2 was $93 million, an 8% increase year-over-year, with an adjusted EBITDA margin of 16% on net revenue [5][19] Business Development - Stagwell secured net new business of $117 million in Q2, with a last twelve months (LTM) net new business total of $451 million [1][5] - The company reported a 26% growth among its top 25 customers and achieved its first major government contract [3] Cash Flow and Cost Management - Year-to-date cash flow from operations increased by $122 million compared to the prior year [3] - The company has implemented actions leading to $20 million in annualized cost savings, positioning it ahead of schedule to achieve $80 to $100 million in cost savings by the end of 2026 [3] Guidance - Stagwell's 2025 financial guidance includes total net revenue growth of approximately 8%, adjusted EBITDA of $410 million to $460 million, and free cash flow conversion exceeding 45% [6]