Stagwell Inc. (STGW) Q4 2025 Earnings Call

Investor webinar replay

Replay transcript excerpt

Good morning and welcome to Stagwell's fourth quarter and full year 2025 earnings webcast. My name is Ben Altson and I lead investor relations here at Stagwell. With me today are Mark Penn, Stagwell's founder, chairman and chief executive officer, and Ryan Green, Stagwell's chief financial officer. Mark will provide a business update before Ryan shares a financial review. After the prepared remarks, we will open the floor for Q&A. Please submit questions through the chat function. Before we begin, I'd like to remind you that the following remarks include forward-looking statements and non-GAAP financial data. Forward-looking statements about the company, including those related to earnings guidance, are subject to uncertainties and risk factors addressed in our earnings release, slide presentation, and the company's SEC filings. Please refer to our website, stagwellglobal.com forward slash investors, for an investor presentation and additional resources. This morning's press release and slide deck provide definitions, explanations, and reconciliations of non-GAAP financial data. With that, I'd like to turn the call over to our chairman, founder, and CEO, Mark Bennett. Thank you, Ben. With accelerating ex-advocacy growth, record net new business, expanding margins, firm cost controls, and doubled free cash flow, our 2025 results show that what we are doing is working and why we are a compelling investment built for these new times. Consequently, Stagwell has announced a strong accelerated buyback, not based as others are on managing chaos, but as part of a plan for accelerated organic growth. We take market share, expand in advocacy and sports markets, and deploy advanced AI applications. Skywill posted 6% growth in 2025, driven by 13% growth in digital transformation...