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Segment Information
 6 Months Ended
Jun. 30, 2025
Segment Reporting [Abstract]  
Segment Information Segment Information
IPG's agency brands are grouped into reportable segments based on the agencies' primary capabilities. As of June 30, 2025, we have three reportable segments: MD&E, IA&C, and SC&E. We also report results for the "Corporate and other" group.
MD&E primarily provides, and is distinguished by innovative capabilities and scale in, global media and communications services, digital services and products, advertising and marketing technology, e‐commerce services, data management and analytics, strategic consulting, and digital brand experience. MD&E is comprised of IPG Mediabrands, UM, Initiative, KINESSO, Acxiom and MRM.
IA&C primarily provides advertising, corporate and brand identity services, and strategic consulting. IA&C is distinguished by the leading role of complex integrations of ideation and the execution of advertising and creative campaigns across all communications channels that are foundational to client brand identities. IA&C is comprised of leading global networks and agencies that provide a broad range of services, including McCann Worldgroup, IPG Health, MullenLowe Group, Foote, Cone & Belding ("FCB"), and our domestic integrated agencies.
SC&E primarily provides best-in-class global public relations and other specialized communications services, events, sports and entertainment marketing, and strategic consulting. SC&E is comprised of agencies that provide a range of marketing services expertise, including Weber Shandwick, Golin, our sports, entertainment, and experiential agencies, and IPG DXTRA Health.
Certain prior period amounts, wherever applicable, have been recast to reflect the transfer of certain agencies between reportable segments.
We continue to evaluate our financial reporting structure, and the profitability measure employed by our chief operating decision maker for allocating resources to operating divisions and assessing operating division performance is segment EBITA. Summarized financial information concerning our reportable segments is shown in the following table.
Three Months Ended June 30, 2025MD&EIA&CSC&E
Total
Total revenue$957.4 $949.3 $630.1 $2,536.8 
Revenue before billable expenses947.7 860.5 364.5 2,172.7 
Base salaries, benefits and tax487.5 526.4 212.9 
Incentive expense38.4 18.5 7.8 
Severance expense1.1 2.1 0.3 
Temporary help18.3 38.1 11.9 
Office and other direct expenses172.5 108.7 44.0 
Depreciation and amortization1
23.8 11.7 3.1 
Restructuring charges2
22.4 59.2 7.7 
Other segment items3
8.6 100.2 270.2 
Segment EBITA$184.8 $84.4 $72.2 $341.4 
Amortization of acquired intangibles20.1 0.7 0.3 
Capital expenditures14.6 6.0 0.7 
1 Excludes amortization of acquired intangibles.
2 Non-cash lease impairment costs were comprised of $0.7 at MD&E, $20.7 at IA&C and $1.5 at SC&E for the second quarter of June 30, 2025.
3 Includes billable expenses and other salaries and related expenses.
Three Months Ended June 30, 2024MD&EIA&CSC&E
Total
Total revenue$1,069.8 $1,005.0 $635.2 $2,710.0 
Revenue before billable expenses1,058.7 914.9 353.5 2,327.1 
Base salaries, benefits and tax570.5 556.3 218.8 
Incentive expense39.6 30.5 12.5 
Severance expense14.2 17.0 4.1 
Temporary help24.0 35.5 10.8 
Office and other direct expenses202.4 111.8 44.2 
Depreciation and amortization1
27.0 12.6 3.6 
Restructuring charges2
0.3 — — 
Other segment items3
16.4 102.6 287.7 
Segment EBITA$175.4 $138.7 $53.5 $367.6 
Amortization of acquired intangibles19.1 0.9 0.4 
Capital expenditures17.5 6.5 2.0 
1 Excludes amortization of acquired intangibles.
2 Non-cash lease impairment costs were comprised of $0.3 at MD&E for the second quarter of June 30, 2024.
3 Includes billable expenses and other salaries and related expenses.

Six Months Ended June 30, 2025MD&EIA&CSC&E
Total
Total revenue$1,858.3 $1,812.6 $1,188.5 $4,859.4 
Revenue before billable expenses1,835.4 1,642.2 691.4 4,169.0 
Base salaries, benefits and tax986.0 1,062.1 427.5 
Incentive expense81.1 49.3 19.1 
Severance expense1.8 4.0 1.1 
Temporary help35.7 71.5 22.2 
Office and other direct expenses346.1 212.3 86.0 
Depreciation and amortization1
47.5 23.8 6.5 
Restructuring charges2
76.3 114.5 29.4 
Other segment items3
23.6 192.0 506.0 
Segment EBITA$260.2 $83.1 $90.7 $434.0 
Amortization of acquired intangibles39.3 1.6 0.6 
Capital expenditures27.6 9.4 1.2 
1 Excludes amortization of acquired intangibles.
2 Non-cash lease impairment costs were comprised of $19.7 at MD&E, $39.3 at IA&C and $10.9 at SC&E for the first half of June 30, 2025.
3 Includes billable expenses and other salaries and related expenses.
Six Months Ended June 30, 2024MD&EIA&CSC&E
Total
Total revenue$2,043.2 $1,968.7 $1,194.0 $5,205.9 
Revenue before billable expenses2,020.1 1,796.2 693.7 4,510.0 
Base salaries, benefits and tax1,150.5 1,128.3 439.9 
Incentive expense68.7 49.4 22.1 
Severance expense36.5 37.2 8.8 
Temporary help49.0 71.9 21.9 
Office and other direct expenses382.7 212.8 85.0 
Depreciation and amortization1
53.5 25.0 7.1 
Restructuring charges2
0.3 0.3 0.3 
Other segment items3
33.9 196.7 511.5 
Segment EBITA$268.1 $247.1 $97.4 $612.6 
Amortization of acquired intangibles38.4 1.8 0.9 
Capital expenditures39.0 8.9 2.8 
1 Excludes amortization of acquired intangibles.
2 Non-cash lease impairment costs were comprised of $0.3 at IA&C, $0.3 at MD&E and $0.3 at SC&E for the first half of June 30, 2024.
3 Includes billable expenses and other salaries and related expenses.
 June 30,
2025		December 31,
2024
Total assets:
MD&E$9,508.0 $10,253.7 
IA&C4,618.2 4,544.3 
SC&E1,729.0 1,758.9 
Corporate and Other1,171.9 1,768.9 
Total$17,027.1 $18,325.8 

The following table presents the reconciliation of segment EBITA to Income before income taxes.
Three months ended
June 30,		Six months ended
June 30,
2025202420252024
MD&E EBITA$184.8 $175.4 $260.2 $268.1 
IA&C EBITA84.4 138.7 83.1 247.1 
SC&E EBITA72.2 53.5 90.7 97.4 
Total segment EBITA341.4 367.6 434.0 612.6 
Corporate and other1
(76.6)(29.0)(190.8)(69.1)
Less: consolidated amortization of acquired intangibles21.120.441.541.1
Operating income243.7 318.2 201.7 502.4 
Total (expenses) and other income(25.7)(22.5)(78.1)(46.1)
Income before income taxes$218.0 $295.7 $123.6 $456.3 
1 Includes restructuring charges of $28.7 and $101.1 for the second quarter and first half of June 30, 2025, respectively, including non-cash lease impairment costs of $0.2 and $23.3, respectively.