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Segment Information
 9 Months Ended
Sep. 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 September 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 September 30, 2025MD&EIA&CSC&E
Total
Total revenue$954.1 $940.1 $599.8 $2,494.0 
Revenue before billable expenses938.8 848.1 348.7 2,135.6 
Base salaries, benefits and tax498.4 523.0 210.6 
Incentive expense21.6 17.0 7.3 
Severance expense0.5 2.5 1.3 
Temporary help19.0 39.2 11.8 
Office and other direct expenses164.0 99.8 40.7 
Depreciation and amortization1
22.6 11.4 2.9 
Restructuring charges2
37.1 24.5 11.6 
Other segment items3
17.4 104.9 254.2 
Segment EBITA$173.5 $117.8 $59.4 $350.7 
Amortization of acquired intangibles22.8 0.6 0.4 
Capital expenditures14.4 6.5 2.4 
1 Excludes amortization of acquired intangibles.
2 Non-cash lease impairment costs were comprised of $12.5 at MD&E, $0.7 at IA&C and $1.3 at SC&E for the three months ended September 30, 2025.
3 Includes billable expenses and other salaries and related expenses.
Three Months Ended September 30, 2024MD&EIA&CSC&E
Total
Total revenue$1,041.5 $942.9 $644.4 $2,628.8 
Revenue before billable expenses1,025.2 849.4 368.1 2,242.7 
Base salaries, benefits and tax548.5 535.9 216.8 
Incentive expense36.2 7.1 6.6 
Severance expense7.0 14.5 3.4 
Temporary help22.3 33.7 11.8 
Office and other direct expenses183.1 101.4 42.6 
Depreciation and amortization1
27.6 12.7 3.4 
Restructuring charges2
0.5 — — 
Other segment items3
20.8 104.1 281.4 
Segment EBITA$195.5 $133.5 $78.4 $407.4 
Amortization of acquired intangibles19.2 0.8 0.3 
Impairment of Goodwill232.1 — — 
Capital expenditures18.2 7.6 5.4 
1 Excludes amortization of acquired intangibles.
2 Non-cash lease impairment costs were comprised of $0.4 at MD&E for the three months ended September 30, 2024.
3 Includes billable expenses and other salaries and related expenses.

Nine Months Ended September 30, 2025MD&EIA&CSC&ETotal
Total revenue$2,812.1 $2,753.0 $1,788.3 $7,353.4 
Revenue before billable expenses2,773.9 2,490.6 1,040.1 6,304.6 
Base salaries, benefits and tax1,483.1 1,586.4 638.1 
Incentive expense102.0 67.0 26.4 
Severance expense2.3 6.5 2.4 
Temporary help54.7 110.7 34.0 
Office and other direct expenses509.4 312.8 126.7 
Depreciation and amortization1
70.1 35.2 9.4 
Restructuring charges2
113.3 139.0 41.1 
Other segment items3
41.1 296.8 760.2 
Segment EBITA$436.1 $198.6 $150.0 $784.7 
Amortization of acquired intangibles62.1 2.2 1.0 
Capital expenditures42.0 15.9 3.6 
1 Excludes amortization of acquired intangibles.
2 Non-cash lease impairment costs were comprised of $32.2 at MD&E, $40.0 at IA&C and $12.2 at SC&E for the nine months ended September 30, 2025.
3 Includes billable expenses and other salaries and related expenses.
Nine Months Ended September 30, 2024MD&EIA&CSC&E
Total
Total revenue$3,083.2 $2,913.1 $1,838.4 $7,834.7 
Revenue before billable expenses3,043.8 2,647.1 1,061.8 6,752.7 
Base salaries, benefits and tax1,697.9 1,665.3 656.7 
Incentive expense104.3 57.1 28.7 
Severance expense43.4 51.8 12.2 
Temporary help71.3 105.6 33.7 
Office and other direct expenses564.5 315.5 127.6 
Depreciation and amortization1
81.0 37.8 10.5 
Restructuring charges2
0.8 0.3 0.3 
Other segment items3
54.7 300.8 792.9 
Segment EBITA$465.3 $378.9 $175.8 $1,020.0 
Amortization of acquired intangibles57.6 2.6 1.2 
Impairment of Goodwill232.1 — — 
Capital expenditures57.2 16.5 8.2 
1 Excludes amortization of acquired intangibles.
2 Non-cash lease impairment costs were comprised of $0.6 at MD&E, $0.3 at IA&C and $0.3 at SC&E for the nine months ended September 30, 2024.
3 Includes billable expenses and other salaries and related expenses.
 September 30,
2025		December 31,
2024
Total assets:
MD&E$9,652.7 $10,253.0 
IA&C4,508.1 4,545.0 
SC&E1,701.2 1,758.9 
Corporate and Other1,103.3 1,768.9 
Total$16,965.3 $18,325.8 
The following table presents the reconciliation of segment EBITA to Income before income taxes.
Three months ended
September 30,		Nine months ended
September 30,
2025202420252024
MD&E EBITA$173.5 $195.5 $436.1 $465.3 
IA&C EBITA117.8 133.5 198.6 378.9 
SC&E EBITA59.4 78.4 150.0 175.8 
Total segment EBITA350.7 407.4 784.7 1,020.0 
Corporate and other1
(107.9)(22.1)(298.7)(91.2)
Less: consolidated amortization of acquired intangibles23.820.365.361.4
Less: impairment of goodwill
— 232.1 — 232.1 
Operating income219.0 132.9 420.7 635.3 
Total (expenses) and other income(30.3)(23.4)(108.4)(69.5)
Income before income taxes$188.7 $109.5 $312.3 $565.8 
1 Includes restructuring charges of $56.3 and $157.4 for the third quarter and first nine months of September 30, 2025, respectively, including non-cash lease impairment costs of $0.1 and $23.4, respectively.