Stagwell Posts Best Results Yet as Mark Penn Eyes Government Contracts

$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

Watercooler talk

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.