10-Q Filing

STAGWELL INC CIK: 876883 Q2 2023

Filing Information

Form Type	10-Q
Accession Number	`0000876883-23-000021`
Period End Date	20230630
Filing Date	20230808
Fiscal Year	2023
Fiscal Period	Q2
XBRL Instance	stgw-20230630_htm.xml

Filing Contents

This filing contains the following financial statements:

Balance Sheet 71 Income Statement 88 Cash Flow Statement 86 Stockholders Equity 63 Comprehensive Income 20

Balance Sheet 71 line items

Line Item	Tag	Value	Unit	Period
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$220.59M	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$105.28M	USD	Point-in-time
Accounts receivable, net	`AccountsReceivableNetCurrent`	$646.31M	USD	Point-in-time
Accounts receivable, net	`AccountsReceivableNetCurrent`	$645.85M	USD	Point-in-time
Expenditures billable to clients	`ExpendituresBillableCurrent`	$93.08M	USD	Point-in-time
Expenditures billable to clients	`ExpendituresBillableCurrent`	$106.87M	USD	Point-in-time
Other current assets	`OtherAssetsCurrent`	$97.08M	USD	Point-in-time
Other current assets	`OtherAssetsCurrent`	$71.44M	USD	Point-in-time
Total Current Assets	`AssetsCurrent`	$955.55M	USD	Point-in-time
Total Current Assets	`AssetsCurrent`	$1.03B	USD	Point-in-time
Fixed assets, net	`PropertyPlantAndEquipmentNet`	$98.88M	USD	Point-in-time
Fixed assets, net	`PropertyPlantAndEquipmentNet`	$86.93M	USD	Point-in-time
Operating Lease, Right-of-Use Asset	`OperatingLeaseRightOfUseAsset`	$242.73M	USD	Point-in-time
Operating Lease, Right-of-Use Asset	`OperatingLeaseRightOfUseAsset`	$273.57M	USD	Point-in-time
Goodwill	`Goodwill`	$1.58B	USD	Point-in-time
Goodwill	`Goodwill`	$1.57B	USD	Point-in-time
Other intangible assets, net	`IntangibleAssetsNetExcludingGoodwill`	$907.53M	USD	Point-in-time
Other intangible assets, net	`IntangibleAssetsNetExcludingGoodwill`	$868.93M	USD	Point-in-time
Other assets	`OtherAssetsNoncurrent`	$115.45M	USD	Point-in-time
Other assets	`OtherAssetsNoncurrent`	$120.06M	USD	Point-in-time
Total Assets	`Assets`	$3.99B	USD	Point-in-time
Total Assets	`Assets`	$3.85B	USD	Point-in-time
Accounts payable	`AccountsPayableCurrent`	$357.25M	USD	Point-in-time
Accounts payable	`AccountsPayableCurrent`	$338.61M	USD	Point-in-time
Accrued media	`AccruedMediaCostCurrent`	$162.22M	USD	Point-in-time
Accrued media	`AccruedMediaCostCurrent`	$240.51M	USD	Point-in-time
Accruals and other liabilities	`AccruedExpensesAndOtherCurrentLiabilities`	$248.48M	USD	Point-in-time
Accruals and other liabilities	`AccruedExpensesAndOtherCurrentLiabilities`	$205.75M	USD	Point-in-time
Advance billings	`ContractWithCustomerLiability`	$306.47M	USD	Point-in-time
Advance billings	`ContractWithCustomerLiability`	$337.03M	USD	Point-in-time
Current portion of lease liabilities - operating leases	`OperatingLeaseLiabilityCurrent`	$76.35M	USD	Point-in-time
Current portion of lease liabilities - operating leases	`OperatingLeaseLiabilityCurrent`	$76.49M	USD	Point-in-time
Current portion of deferred acquisition consideration	`BusinessCombinationContingentConsiderationLiabilityCurrent`	$96.78M	USD	Point-in-time
Current portion of deferred acquisition consideration	`BusinessCombinationContingentConsiderationLiabilityCurrent`	$90.18M	USD	Point-in-time
Total Current Liabilities	`LiabilitiesCurrent`	$1.35B	USD	Point-in-time
Total Current Liabilities	`LiabilitiesCurrent`	$1.19B	USD	Point-in-time
Long-term debt	`LongTermDebtNoncurrent`	$1.49B	USD	Point-in-time
Long-term debt	`LongTermDebtNoncurrent`	$1.18B	USD	Point-in-time
Long-term portion of deferred acquisition consideration	`BusinessCombinationContingentConsiderationLiabilityNoncurrent`	$71.14M	USD	Point-in-time
Long-term portion of deferred acquisition consideration	`BusinessCombinationContingentConsiderationLiabilityNoncurrent`	$17.69M	USD	Point-in-time
Long-term lease liabilities - operating leases	`OperatingLeaseLiabilityNoncurrent`	$294.05M	USD	Point-in-time
Long-term lease liabilities - operating leases	`OperatingLeaseLiabilityNoncurrent`	$263.89M	USD	Point-in-time
Deferred tax liabilities, net	`DeferredIncomeTaxLiabilitiesNet`	$46.78M	USD	Point-in-time
Deferred tax liabilities, net	`DeferredIncomeTaxLiabilitiesNet`	$40.11M	USD	Point-in-time
Other liabilities	`OtherLiabilitiesNoncurrent`	$69.78M	USD	Point-in-time
Other liabilities	`OtherLiabilitiesNoncurrent`	$60.60M	USD	Point-in-time
Total Liabilities	`Liabilities`	$3.01B	USD	Point-in-time
Total Liabilities	`Liabilities`	$3.06B	USD	Point-in-time
Redeemable Noncontrolling Interests	`RedeemableNoncontrollingInterestEquityFairValue`	$28.13M	USD	Point-in-time
Redeemable Noncontrolling Interests	`RedeemableNoncontrollingInterestEquityFairValue`	$39.11M	USD	Point-in-time
Redeemable Noncontrolling Interests	`RedeemableNoncontrollingInterestEquityFairValue`	$43.36M	USD	Point-in-time
Commitments and Contingencies	`CommitmentsAndContingencies`	-	USD	Point-in-time
Commitments and Contingencies	`CommitmentsAndContingencies`	-	USD	Point-in-time
Paid-in capital	`CommonStockValue`	$309.52M	USD	Point-in-time
Paid-in capital	`CommonStockValue`	$491.90M	USD	Point-in-time
Retained earnings	`RetainedEarningsAccumulatedDeficit`	$29.45M	USD	Point-in-time
Retained earnings	`RetainedEarningsAccumulatedDeficit`	$27.50M	USD	Point-in-time
Accumulated other comprehensive loss	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	$-38.94M	USD	Point-in-time
Accumulated other comprehensive loss	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	$-13.24M	USD	Point-in-time
Stagwell Inc. Shareholders' Equity	`StockholdersEquity`	$323.89M	USD	Point-in-time
Stagwell Inc. Shareholders' Equity	`StockholdersEquity`	$482.54M	USD	Point-in-time
Noncontrolling interests	`MinorityInterest`	$438.30M	USD	Point-in-time
Noncontrolling interests	`MinorityInterest`	$462.10M	USD	Point-in-time
Total Shareholders' Equity	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$762.19M	USD	Point-in-time
Total Shareholders' Equity	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$944.63M	USD	Point-in-time
Total Shareholders' Equity	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$857.38M	USD	Point-in-time
Total Shareholders' Equity	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$918.93M	USD	Point-in-time
Total Shareholders' Equity	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$879.04M	USD	Point-in-time
Total Shareholders' Equity	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$897.85M	USD	Point-in-time
Liabilities and Equity, Total	`LiabilitiesAndStockholdersEquity`	$3.99B	USD	Point-in-time
Liabilities and Equity, Total	`LiabilitiesAndStockholdersEquity`	$3.85B	USD	Point-in-time

Income Statement 88 line items

Line Item	Tag	Value	Unit	Period
Revenues	`Revenues`	$632.26M	USD	1 Quarter
Revenues	`Revenues`	$1.25B	USD	2 Qtrs
Revenues	`Revenues`	$1.32B	USD	2 Qtrs
Revenues	`Revenues`	$672.91M	USD	1 Quarter
Cost of services	`CostOfGoodsAndServicesSold`	$836.63M	USD	2 Qtrs
Cost of services	`CostOfGoodsAndServicesSold`	$816.33M	USD	2 Qtrs
Cost of services	`CostOfGoodsAndServicesSold`	$402.43M	USD	1 Quarter
Cost of services	`CostOfGoodsAndServicesSold`	$424.66M	USD	1 Quarter
Office and general expenses	`GeneralAndAdministrativeExpense`	$309.94M	USD	2 Qtrs
Office and general expenses	`GeneralAndAdministrativeExpense`	$321.36M	USD	2 Qtrs
Office and general expenses	`GeneralAndAdministrativeExpense`	$162.52M	USD	1 Quarter
Office and general expenses	`GeneralAndAdministrativeExpense`	$165.42M	USD	1 Quarter
Depreciation and amortization	`DepreciationDepletionAndAmortization`	$35.49M	USD	1 Quarter
Depreciation and amortization	`DepreciationDepletionAndAmortization`	$63.44M	USD	2 Qtrs
Depreciation and amortization	`DepreciationDepletionAndAmortization`	$32.23M	USD	1 Quarter
Depreciation and amortization	`DepreciationDepletionAndAmortization`	$68.97M	USD	2 Qtrs
Impairment and other losses	`AssetImpairmentCharges`	$2.82M	USD	2 Qtrs
Impairment and other losses	`AssetImpairmentCharges`	$10.56M	USD	1 Quarter
Impairment and other losses	`AssetImpairmentCharges`	$2.27M	USD	1 Quarter
Impairment and other losses	`AssetImpairmentCharges`	$10.56M	USD	2 Qtrs
Costs and Expenses, Total	`CostsAndExpenses`	$1.21B	USD	2 Qtrs
Costs and Expenses, Total	`CostsAndExpenses`	$611.00M	USD	1 Quarter
Costs and Expenses, Total	`CostsAndExpenses`	$1.22B	USD	2 Qtrs
Costs and Expenses, Total	`CostsAndExpenses`	$624.58M	USD	1 Quarter
Operating Income (Loss), Total	`OperatingIncomeLoss`	$102.99M	USD	2 Qtrs
Operating Income (Loss), Total	`OperatingIncomeLoss`	$37.49M	USD	2 Qtrs
Operating Income (Loss), Total	`OperatingIncomeLoss`	$21.26M	USD	1 Quarter
Operating Income (Loss), Total	`OperatingIncomeLoss`	$48.33M	USD	1 Quarter
Interest expense, net	`InterestAndDebtExpense`	$36.88M	USD	2 Qtrs
Interest expense, net	`InterestAndDebtExpense`	$23.68M	USD	1 Quarter
Interest expense, net	`InterestAndDebtExpense`	$41.87M	USD	2 Qtrs
Interest expense, net	`InterestAndDebtExpense`	$18.15M	USD	1 Quarter
Foreign exchange, net	`ForeignCurrencyTransactionGainLossBeforeTax`	$-1.48M	USD	1 Quarter
Foreign exchange, net	`ForeignCurrencyTransactionGainLossBeforeTax`	$-2.15M	USD	2 Qtrs
Foreign exchange, net	`ForeignCurrencyTransactionGainLossBeforeTax`	$70.00K	USD	1 Quarter
Foreign exchange, net	`ForeignCurrencyTransactionGainLossBeforeTax`	$-236.00K	USD	2 Qtrs
Other, net	`OtherNonoperatingIncomeExpense`	$-196.00K	USD	2 Qtrs
Other, net	`OtherNonoperatingIncomeExpense`	$-416.00K	USD	1 Quarter
Other, net	`OtherNonoperatingIncomeExpense`	$35.00K	USD	2 Qtrs
Other, net	`OtherNonoperatingIncomeExpense`	$-121.00K	USD	1 Quarter
Nonoperating Income (Expense), Total	`NonoperatingIncomeExpense`	$-44.21M	USD	2 Qtrs
Nonoperating Income (Expense), Total	`NonoperatingIncomeExpense`	$-18.20M	USD	1 Quarter
Nonoperating Income (Expense), Total	`NonoperatingIncomeExpense`	$-25.57M	USD	1 Quarter
Nonoperating Income (Expense), Total	`NonoperatingIncomeExpense`	$-37.08M	USD	2 Qtrs
Income (loss) before income taxes and equity in earnings of non-consolidated affiliates	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments`	$-4.31M	USD	1 Quarter
Income (loss) before income taxes and equity in earnings of non-consolidated affiliates	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments`	$65.91M	USD	2 Qtrs
Income (loss) before income taxes and equity in earnings of non-consolidated affiliates	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments`	$30.13M	USD	1 Quarter
Income (loss) before income taxes and equity in earnings of non-consolidated affiliates	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments`	$-6.72M	USD	2 Qtrs
Income tax expense	`IncomeTaxExpenseBenefit`	$5.42M	USD	1 Quarter
Income tax expense	`IncomeTaxExpenseBenefit`	$8.10M	USD	2 Qtrs
Income tax expense	`IncomeTaxExpenseBenefit`	$8.61M	USD	2 Qtrs
Income tax expense	`IncomeTaxExpenseBenefit`	$5.72M	USD	1 Quarter
Income (loss) before equity in earnings of non-consolidated affiliates	`IncomeLossFromContinuingOperationsBeforeEquityInEarningsOfNonconsolidatedAffiliates`	$-10.03M	USD	1 Quarter
Income (loss) before equity in earnings of non-consolidated affiliates	`IncomeLossFromContinuingOperationsBeforeEquityInEarningsOfNonconsolidatedAffiliates`	$24.71M	USD	1 Quarter
Income (loss) before equity in earnings of non-consolidated affiliates	`IncomeLossFromContinuingOperationsBeforeEquityInEarningsOfNonconsolidatedAffiliates`	$-14.82M	USD	2 Qtrs
Income (loss) before equity in earnings of non-consolidated affiliates	`IncomeLossFromContinuingOperationsBeforeEquityInEarningsOfNonconsolidatedAffiliates`	$57.30M	USD	2 Qtrs
Equity in income (loss) of non-consolidated affiliates	`IncomeLossFromEquityMethodInvestments`	$-443.00K	USD	2 Qtrs
Equity in income (loss) of non-consolidated affiliates	`IncomeLossFromEquityMethodInvestments`	$-190.00K	USD	1 Quarter
Equity in income (loss) of non-consolidated affiliates	`IncomeLossFromEquityMethodInvestments`	$840.00K	USD	2 Qtrs
Equity in income (loss) of non-consolidated affiliates	`IncomeLossFromEquityMethodInvestments`	$-216.00K	USD	1 Quarter
Net income (loss)	`NetIncomeLossIncludingPortionAttributableToNonredeemableNoncontrollingInterest`	$58.14M	USD	2 Qtrs
Net income (loss)	`NetIncomeLossIncludingPortionAttributableToNonredeemableNoncontrollingInterest`	$-15.26M	USD	2 Qtrs
Net income (loss)	`NetIncomeLossIncludingPortionAttributableToNonredeemableNoncontrollingInterest`	$24.52M	USD	1 Quarter
Net income (loss)	`NetIncomeLossIncludingPortionAttributableToNonredeemableNoncontrollingInterest`	$-10.24M	USD	1 Quarter
Net (income) loss attributable to noncontrolling and redeemable noncontrolling interests	`NetIncomeLossAttributableToNoncontrollingInterest`	$35.00M	USD	2 Qtrs
Net (income) loss attributable to noncontrolling and redeemable noncontrolling interests	`NetIncomeLossAttributableToNoncontrollingInterest`	$-11.01M	USD	2 Qtrs
Net (income) loss attributable to noncontrolling and redeemable noncontrolling interests	`NetIncomeLossAttributableToNoncontrollingInterest`	$-5.55M	USD	1 Quarter
Net (income) loss attributable to noncontrolling and redeemable noncontrolling interests	`NetIncomeLossAttributableToNoncontrollingInterest`	$14.06M	USD	1 Quarter
Net income (loss) attributable to Stagwell Inc. common shareholders	`NetIncomeLoss`	$-4.69M	USD	1 Quarter
Net income (loss) attributable to Stagwell Inc. common shareholders	`NetIncomeLoss`	$23.14M	USD	2 Qtrs
Net income (loss) attributable to Stagwell Inc. common shareholders	`NetIncomeLoss`	$-4.25M	USD	2 Qtrs
Net income (loss) attributable to Stagwell Inc. common shareholders	`NetIncomeLoss`	$10.46M	USD	1 Quarter
Earnings per share, basic	`IncomeLossFromContinuingOperationsPerBasicShare`	$-0.04	USD	1 Quarter
Earnings per share, basic	`IncomeLossFromContinuingOperationsPerBasicShare`	$-0.04	USD	2 Qtrs
Earnings per share, basic	`IncomeLossFromContinuingOperationsPerBasicShare`	$0.19	USD	2 Qtrs
Earnings per share, basic	`IncomeLossFromContinuingOperationsPerBasicShare`	$0.08	USD	1 Quarter
Earnings per share, diluted	`IncomeLossFromContinuingOperationsPerDilutedShare`	$0.08	USD	1 Quarter
Earnings per share, diluted	`IncomeLossFromContinuingOperationsPerDilutedShare`	$0.18	USD	2 Qtrs
Earnings per share, diluted	`IncomeLossFromContinuingOperationsPerDilutedShare`	$-0.04	USD	1 Quarter
Earnings per share, diluted	`IncomeLossFromContinuingOperationsPerDilutedShare`	$-0.04	USD	2 Qtrs
Weighted Average Number of Shares Outstanding, Basic	`WeightedAverageNumberOfSharesOutstandingBasic`	126.42M	shares	1 Quarter
Weighted Average Number of Shares Outstanding, Basic	`WeightedAverageNumberOfSharesOutstandingBasic`	115.40M	shares	1 Quarter
Weighted Average Number of Shares Outstanding, Basic	`WeightedAverageNumberOfSharesOutstandingBasic`	120.27M	shares	2 Qtrs
Weighted Average Number of Shares Outstanding, Basic	`WeightedAverageNumberOfSharesOutstandingBasic`	124.37M	shares	2 Qtrs
Weighted Average Number of Shares Outstanding, Diluted	`WeightedAverageNumberOfDilutedSharesOutstanding`	296.41M	shares	1 Quarter
Weighted Average Number of Shares Outstanding, Diluted	`WeightedAverageNumberOfDilutedSharesOutstanding`	298.84M	shares	2 Qtrs
Weighted Average Number of Shares Outstanding, Diluted	`WeightedAverageNumberOfDilutedSharesOutstanding`	120.27M	shares	2 Qtrs
Weighted Average Number of Shares Outstanding, Diluted	`WeightedAverageNumberOfDilutedSharesOutstanding`	115.40M	shares	1 Quarter

Cash Flow Statement 86 line items

Line Item	Tag	Value	Unit	Period
Net Income (Loss), Including Portion Attributable to Nonredeemable Noncontrolling Interest	`NetIncomeLossIncludingPortionAttributableToNonredeemableNoncontrollingInterest`	$58.14M	USD	2 Qtrs
Net Income (Loss), Including Portion Attributable to Nonredeemable Noncontrolling Interest	`NetIncomeLossIncludingPortionAttributableToNonredeemableNoncontrollingInterest`	$-15.26M	USD	2 Qtrs
Net Income (Loss), Including Portion Attributable to Nonredeemable Noncontrolling Interest	`NetIncomeLossIncludingPortionAttributableToNonredeemableNoncontrollingInterest`	$24.52M	USD	1 Quarter
Net Income (Loss), Including Portion Attributable to Nonredeemable Noncontrolling Interest	`NetIncomeLossIncludingPortionAttributableToNonredeemableNoncontrollingInterest`	$-10.24M	USD	1 Quarter
Stock-based compensation	`ShareBasedCompensation`	$22.55M	USD	2 Qtrs
Stock-based compensation	`ShareBasedCompensation`	$21.15M	USD	2 Qtrs
Stock-based compensation	`ShareBasedCompensation`	$13.13M	USD	1 Quarter
Stock-based compensation	`ShareBasedCompensation`	$10.55M	USD	1 Quarter
Depreciation and amortization	`DepreciationDepletionAndAmortization`	$35.49M	USD	1 Quarter
Depreciation and amortization	`DepreciationDepletionAndAmortization`	$63.44M	USD	2 Qtrs
Depreciation and amortization	`DepreciationDepletionAndAmortization`	$32.23M	USD	1 Quarter
Depreciation and amortization	`DepreciationDepletionAndAmortization`	$68.97M	USD	2 Qtrs
Impairment and other losses	`AssetImpairmentCharges`	$2.82M	USD	2 Qtrs
Impairment and other losses	`AssetImpairmentCharges`	$10.56M	USD	1 Quarter
Impairment and other losses	`AssetImpairmentCharges`	$2.27M	USD	1 Quarter
Impairment and other losses	`AssetImpairmentCharges`	$10.56M	USD	2 Qtrs
Deferred income taxes	`DeferredIncomeTaxExpenseBenefit`	$-1.32M	USD	2 Qtrs
Deferred income taxes	`DeferredIncomeTaxExpenseBenefit`	$3.88M	USD	2 Qtrs
Adjustment to deferred acquisition consideration	`AdjustmentToDeferredAcquisitionConsideration`	$4.48M	USD	2 Qtrs
Adjustment to deferred acquisition consideration	`AdjustmentToDeferredAcquisitionConsideration`	$15.39M	USD	2 Qtrs
Other, net	`OtherNoncashIncomeExpense`	$3.33M	USD	2 Qtrs
Other, net	`OtherNoncashIncomeExpense`	$4.42M	USD	2 Qtrs
Accounts receivable	`IncreaseDecreaseInAccountsReceivable`	$78.34M	USD	2 Qtrs
Accounts receivable	`IncreaseDecreaseInAccountsReceivable`	$-4.25M	USD	2 Qtrs
Expenditures billable to clients	`IncreaseDecreaseInExpendituresBillableToClients`	$-20.39M	USD	2 Qtrs
Expenditures billable to clients	`IncreaseDecreaseInExpendituresBillableToClients`	$13.18M	USD	2 Qtrs
Other assets	`IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets`	$8.55M	USD	2 Qtrs
Other assets	`IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets`	$-4.12M	USD	2 Qtrs
Accounts payable	`IncreaseDecreaseInAccountsPayableAccruedExpensesAndOtherLiabilities`	$-25.97M	USD	2 Qtrs
Accounts payable	`IncreaseDecreaseInAccountsPayableAccruedExpensesAndOtherLiabilities`	$-33.23M	USD	2 Qtrs
Accrued expenses and other liabilities	`IncreaseDecreaseInAccruedLiabilitiesAndOtherOperatingLiabilities`	$-109.23M	USD	2 Qtrs
Accrued expenses and other liabilities	`IncreaseDecreaseInAccruedLiabilitiesAndOtherOperatingLiabilities`	$-169.21M	USD	2 Qtrs
Advance billings	`IncreaseDecreaseInDeferredRevenue`	$-32.80M	USD	2 Qtrs
Advance billings	`IncreaseDecreaseInDeferredRevenue`	$-46.39M	USD	2 Qtrs
Deferred acquisition related payments	`PaymentForContingentConsiderationLiabilityOperatingActivities`	$3.21M	USD	2 Qtrs
Deferred acquisition related payments	`PaymentForContingentConsiderationLiabilityOperatingActivities`	$7.11M	USD	2 Qtrs
Net Cash Provided by (Used in) Operating Activities, Total	`NetCashProvidedByUsedInOperatingActivities`	$-107.27M	USD	2 Qtrs
Net Cash Provided by (Used in) Operating Activities, Total	`NetCashProvidedByUsedInOperatingActivities`	$-144.15M	USD	2 Qtrs
Capital expenditures	`PaymentsToAcquirePropertyPlantAndEquipment`	$12.54M	USD	2 Qtrs
Capital expenditures	`PaymentsToAcquirePropertyPlantAndEquipment`	$7.95M	USD	2 Qtrs
Acquisitions, net of cash acquired	`PaymentsToAcquireBusinessesNetOfCashAcquired`	$38.33M	USD	2 Qtrs
Acquisitions, net of cash acquired	`PaymentsToAcquireBusinessesNetOfCashAcquired`	$4.96M	USD	2 Qtrs
Capitalized software	`PaymentsToAcquireSoftware`	$10.36M	USD	2 Qtrs
Capitalized software	`PaymentsToAcquireSoftware`	$1.93M	USD	2 Qtrs
Other	`PaymentsForProceedsFromOtherInvestingActivities`	$6.84M	USD	2 Qtrs
Other	`PaymentsForProceedsFromOtherInvestingActivities`	$2.14M	USD	2 Qtrs
Net Cash Provided by (Used in) Investing Activities, Total	`NetCashProvidedByUsedInInvestingActivities`	$-30.12M	USD	2 Qtrs
Net Cash Provided by (Used in) Investing Activities, Total	`NetCashProvidedByUsedInInvestingActivities`	$-54.94M	USD	2 Qtrs
Repayment of borrowings under revolving credit facility	`RepaymentsOfLinesOfCredit`	$800.50M	USD	2 Qtrs
Repayment of borrowings under revolving credit facility	`RepaymentsOfLinesOfCredit`	$473.00M	USD	2 Qtrs
Proceeds from borrowings under revolving credit facility	`ProceedsFromLinesOfCredit`	$1.10B	USD	2 Qtrs
Proceeds from borrowings under revolving credit facility	`ProceedsFromLinesOfCredit`	$660.50M	USD	2 Qtrs
Shares repurchased and cancelled	`PaymentsForRepurchaseOfCommonStock`	$29.77M	USD	2 Qtrs
Shares repurchased and cancelled	`PaymentsForRepurchaseOfCommonStock`	$199.36M	USD	2 Qtrs
Distributions to noncontrolling interests	`PaymentsToMinorityShareholders`	$15.41M	USD	2 Qtrs
Distributions to noncontrolling interests	`PaymentsToMinorityShareholders`	$36.50M	USD	2 Qtrs
Payment of deferred consideration	`PaymentForDeferredContingentConsiderationAndOther`	$28.56M	USD	2 Qtrs
Payment of deferred consideration	`PaymentForDeferredContingentConsiderationAndOther`	$52.43M	USD	2 Qtrs
Purchase of noncontrolling interest	`PaymentsForRepurchaseOfRedeemableNoncontrollingInterest`	$3.60M	USD	2 Qtrs
Purchase of noncontrolling interest	`PaymentsForRepurchaseOfRedeemableNoncontrollingInterest`	-	USD	2 Qtrs
Debt issuance costs	`PaymentsOfDebtIssuanceCosts`	-	USD	2 Qtrs
Debt issuance costs	`PaymentsOfDebtIssuanceCosts`	$150.00K	USD	2 Qtrs
Net Cash Provided by (Used in) Financing Activities, Total	`NetCashProvidedByUsedInFinancingActivities`	$65.21M	USD	2 Qtrs
Net Cash Provided by (Used in) Financing Activities, Total	`NetCashProvidedByUsedInFinancingActivities`	$58.52M	USD	2 Qtrs
Effect of exchange rate changes on cash and cash equivalents	`EffectOfExchangeRateOnCashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$6.39M	USD	2 Qtrs
Effect of exchange rate changes on cash and cash equivalents	`EffectOfExchangeRateOnCashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$438.00K	USD	2 Qtrs
Net decrease in cash and cash equivalents	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect`	$-115.31M	USD	2 Qtrs
Net decrease in cash and cash equivalents	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect`	$-90.61M	USD	2 Qtrs
Cash and cash equivalents at beginning of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$184.01M	USD	Point-in-time
Cash and cash equivalents at beginning of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$220.59M	USD	Point-in-time
Cash and cash equivalents at beginning of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$93.40M	USD	Point-in-time
Cash and cash equivalents at beginning of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$105.28M	USD	Point-in-time
Cash and cash equivalents at end of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$184.01M	USD	Point-in-time
Cash and cash equivalents at end of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$220.59M	USD	Point-in-time
Cash and cash equivalents at end of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$93.40M	USD	Point-in-time
Cash and cash equivalents at end of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$105.28M	USD	Point-in-time
Cash income taxes paid	`IncomeTaxesPaid`	$23.15M	USD	2 Qtrs
Cash income taxes paid	`IncomeTaxesPaid`	$15.87M	USD	2 Qtrs
Cash interest paid	`InterestPaidNet`	$30.80M	USD	2 Qtrs
Cash interest paid	`InterestPaidNet`	$36.48M	USD	2 Qtrs
Establishment of Tax Receivables Agreement liability	`TaxReceivablesAgreementDeferredTaxLiabilityEstablished`	-	USD	2 Qtrs
Establishment of Tax Receivables Agreement liability	`TaxReceivablesAgreementDeferredTaxLiabilityEstablished`	$21.39M	USD	2 Qtrs
Non-cash payment on deferred acquisition	`NonCashPaymentOnDeferredAcquisition`	-	USD	2 Qtrs
Non-cash payment on deferred acquisition	`NonCashPaymentOnDeferredAcquisition`	$20.12M	USD	2 Qtrs
Establishment of a deferred tax asset related to the exchange	`TaxReceivablesAgreementLiabilityEstablished`	-	USD	2 Qtrs
Establishment of a deferred tax asset related to the exchange	`TaxReceivablesAgreementLiabilityEstablished`	$25.16M	USD	2 Qtrs

Stockholders Equity 63 line items

Line Item	Tag	Value	Unit	Period
Balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$762.19M	USD	Point-in-time
Balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$944.63M	USD	Point-in-time
Balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$857.38M	USD	Point-in-time
Balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$918.93M	USD	Point-in-time
Balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$879.04M	USD	Point-in-time
Balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$897.85M	USD	Point-in-time
Net Income (Loss) Attributable to Parent	`NetIncomeLoss`	$-4.69M	USD	1 Quarter
Net Income (Loss) Attributable to Parent	`NetIncomeLoss`	$23.14M	USD	2 Qtrs
Net Income (Loss) Attributable to Parent	`NetIncomeLoss`	$-4.25M	USD	2 Qtrs
Net Income (Loss) Attributable to Parent	`NetIncomeLoss`	$10.46M	USD	1 Quarter
Net income	`ProfitLoss`	$24.52M	USD	1 Quarter
Net income	`ProfitLoss`	$58.14M	USD	2 Qtrs
Net income	`ProfitLoss`	$-15.26M	USD	2 Qtrs
Net income	`ProfitLoss`	$-10.24M	USD	1 Quarter
Other Comprehensive Income (Loss), Net of Tax, Portion Attributable to Parent	`OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent`	$-7.90M	USD	2 Qtrs
Other Comprehensive Income (Loss), Net of Tax, Portion Attributable to Parent	`OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent`	$693.00K	USD	1 Quarter
Other Comprehensive Income (Loss), Net of Tax, Portion Attributable to Parent	`OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent`	$-7.31M	USD	1 Quarter
Other Comprehensive Income (Loss), Net of Tax, Portion Attributable to Parent	`OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent`	$28.97M	USD	2 Qtrs
Other Comprehensive Income (Loss), Net of Tax	`OtherComprehensiveIncomeLossNetOfTax`	$7.36M	USD	2 Qtrs
Other Comprehensive Income (Loss), Net of Tax	`OtherComprehensiveIncomeLossNetOfTax`	$2.94M	USD	1 Quarter
Other Comprehensive Income (Loss), Net of Tax	`OtherComprehensiveIncomeLossNetOfTax`	$-23.83M	USD	1 Quarter
Other Comprehensive Income (Loss), Net of Tax	`OtherComprehensiveIncomeLossNetOfTax`	$-29.17M	USD	2 Qtrs
Distributions to noncontrolling interests	`MinorityInterestDecreaseFromDistributionsToNoncontrollingInterestHolders`	$2.98M	USD	1 Quarter
Distributions to noncontrolling interests	`MinorityInterestDecreaseFromDistributionsToNoncontrollingInterestHolders`	$29.96M	USD	2 Qtrs
Distributions to noncontrolling interests	`MinorityInterestDecreaseFromDistributionsToNoncontrollingInterestHolders`	$11.01M	USD	2 Qtrs
Distributions to noncontrolling interests	`MinorityInterestDecreaseFromDistributionsToNoncontrollingInterestHolders`	$29.25M	USD	1 Quarter
Reduction of noncontrolling and redeemable noncontrolling interest	`MinorityInterestDecreaseFromRedemptions`	$-4.60M	USD	1 Quarter
Reduction of noncontrolling and redeemable noncontrolling interest	`MinorityInterestDecreaseFromRedemptions`	$-4.60M	USD	2 Qtrs
Noncontrolling Interest, Increase from Acquisitions	`NoncontrollingInterestIncreaseFromAcquisitions`	$2.67M	USD	2 Qtrs
Noncontrolling Interest, Increase from Acquisitions	`NoncontrollingInterestIncreaseFromAcquisitions`	$2.67M	USD	1 Quarter
Changes in redemption value	`Redeemablenoncontrollinginterestchangesinredemptionvalue`	$5.89M	USD	2 Qtrs
Changes in redemption value	`Redeemablenoncontrollinginterestchangesinredemptionvalue`	$6.86M	USD	1 Quarter
Changes in redemption value	`Redeemablenoncontrollinginterestchangesinredemptionvalue`	$8.71M	USD	1 Quarter
Changes in redemption value	`Redeemablenoncontrollinginterestchangesinredemptionvalue`	$2.94M	USD	2 Qtrs
Stockholders Equity, Increase (Decrease) Form Change In Redemption Value Of Noncontrolling Interest, Value	`StockholdersEquityIncreaseDecreaseFormChangeInRedemptionValueOfNoncontrollingInterestValue`	$2.94M	USD	2 Qtrs
Stockholders Equity, Increase (Decrease) Form Change In Redemption Value Of Noncontrolling Interest, Value	`StockholdersEquityIncreaseDecreaseFormChangeInRedemptionValueOfNoncontrollingInterestValue`	$1.86M	USD	1 Quarter
Stock Issued During Period, Value, Restricted Stock Award, Gross	`StockIssuedDuringPeriodValueRestrictedStockAwardGross`	-	USD	2 Qtrs
Shares acquired and cancelled (in shares)	`StockRepurchasedAndRetiredDuringPeriodShares`	6.10M	shares	2 Qtrs
Shares repurchased and cancelled	`StockRepurchasedAndRetiredDuringPeriodValue`	$14.84M	USD	1 Quarter
Shares repurchased and cancelled	`StockRepurchasedAndRetiredDuringPeriodValue`	$174.22M	USD	1 Quarter
Shares repurchased and cancelled	`StockRepurchasedAndRetiredDuringPeriodValue`	$200.35M	USD	2 Qtrs
APIC, Share-Based Payment Arrangement, Option, Increase for Cost Recognition	`AdjustmentsToAdditionalPaidInCapitalShareBasedCompensationStockOptionsRequisiteServicePeriodRecognition`	$15.89M	USD	2 Qtrs
Stock-based compensation	`AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue`	$9.18M	USD	1 Quarter
Stock-based compensation	`AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue`	$16.83M	USD	2 Qtrs
Stock-based compensation	`AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue`	$9.44M	USD	1 Quarter
Stock Issued During Period, Value, Acquisitions	`StockIssuedDuringPeriodValueAcquisitions`	$20.12M	USD	1 Quarter
Stock Issued During Period, Value, Acquisitions	`StockIssuedDuringPeriodValueAcquisitions`	$20.12M	USD	2 Qtrs
Other	`StockholdersEquityOther`	$1.03M	USD	2 Qtrs
Other	`StockholdersEquityOther`	$3.65M	USD	1 Quarter
Other	`StockholdersEquityOther`	$3.08M	USD	2 Qtrs
Other	`StockholdersEquityOther`	$-2.56M	USD	1 Quarter
Balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$762.19M	USD	Point-in-time
Balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$944.63M	USD	Point-in-time
Balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$857.38M	USD	Point-in-time
Balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$918.93M	USD	Point-in-time
Balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$879.04M	USD	Point-in-time
Balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$897.85M	USD	Point-in-time
Net Income (Loss) Attributable to Nonredeemable Noncontrolling Interest	`NetIncomeLossAttributableToNonredeemableNoncontrollingInterest`	$-4.58M	USD	1 Quarter
Net Income (Loss) Attributable to Nonredeemable Noncontrolling Interest	`NetIncomeLossAttributableToNonredeemableNoncontrollingInterest`	$7.50M	USD	2 Qtrs
Net Income (Loss) Attributable to Nonredeemable Noncontrolling Interest	`NetIncomeLossAttributableToNonredeemableNoncontrollingInterest`	$15.00M	USD	1 Quarter
Net Income (Loss) Attributable to Nonredeemable Noncontrolling Interest	`NetIncomeLossAttributableToNonredeemableNoncontrollingInterest`	$33.54M	USD	2 Qtrs
Stockholders' Equity - Change in Ownership of Class C Holders	`StockholdersEquityChangeInOwnershipOfClassCHolders`	-	USD	2 Qtrs
Liability modification of certain SARS awards	`LiabilityModificationOfCertainSARSAwards`	$4.60M	USD	1 Quarter

Comprehensive Income 20 line items

Line Item	Tag	Value	Unit	Period
Net Income (Loss), Including Portion Attributable to Nonredeemable Noncontrolling Interest	`NetIncomeLossIncludingPortionAttributableToNonredeemableNoncontrollingInterest`	$58.14M	USD	2 Qtrs
Net Income (Loss), Including Portion Attributable to Nonredeemable Noncontrolling Interest	`NetIncomeLossIncludingPortionAttributableToNonredeemableNoncontrollingInterest`	$-15.26M	USD	2 Qtrs
Net Income (Loss), Including Portion Attributable to Nonredeemable Noncontrolling Interest	`NetIncomeLossIncludingPortionAttributableToNonredeemableNoncontrollingInterest`	$24.52M	USD	1 Quarter
Net Income (Loss), Including Portion Attributable to Nonredeemable Noncontrolling Interest	`NetIncomeLossIncludingPortionAttributableToNonredeemableNoncontrollingInterest`	$-10.24M	USD	1 Quarter
Other comprehensive income (loss) - Foreign currency translation adjustment	`OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax`	$-29.17M	USD	2 Qtrs
Other comprehensive income (loss) - Foreign currency translation adjustment	`OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax`	$2.94M	USD	1 Quarter
Other comprehensive income (loss) - Foreign currency translation adjustment	`OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax`	$-23.83M	USD	1 Quarter
Other comprehensive income (loss) - Foreign currency translation adjustment	`OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax`	$7.36M	USD	2 Qtrs
Comprehensive income (loss) for the period	`ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest`	$-7.90M	USD	2 Qtrs
Comprehensive income (loss) for the period	`ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest`	$28.97M	USD	2 Qtrs
Comprehensive income (loss) for the period	`ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest`	$-7.31M	USD	1 Quarter
Comprehensive income (loss) for the period	`ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest`	$693.00K	USD	1 Quarter
Comprehensive (income) loss attributable to the noncontrolling and redeemable noncontrolling interests	`ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest`	$35.00M	USD	2 Qtrs
Comprehensive (income) loss attributable to the noncontrolling and redeemable noncontrolling interests	`ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest`	$-29.35M	USD	2 Qtrs
Comprehensive (income) loss attributable to the noncontrolling and redeemable noncontrolling interests	`ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest`	$14.06M	USD	1 Quarter
Comprehensive (income) loss attributable to the noncontrolling and redeemable noncontrolling interests	`ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest`	$-2.62M	USD	1 Quarter
Comprehensive income (loss) attributable to Stagwell Inc. common shareholders	`ComprehensiveIncomeNetOfTax`	$21.45M	USD	2 Qtrs
Comprehensive income (loss) attributable to Stagwell Inc. common shareholders	`ComprehensiveIncomeNetOfTax`	$-4.68M	USD	1 Quarter
Comprehensive income (loss) attributable to Stagwell Inc. common shareholders	`ComprehensiveIncomeNetOfTax`	$-6.04M	USD	2 Qtrs
Comprehensive income (loss) attributable to Stagwell Inc. common shareholders	`ComprehensiveIncomeNetOfTax`	$-13.36M	USD	1 Quarter

Data is extracted from SEC EDGAR XBRL filings. Values shown are as reported in the filing.