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UNAUDITED CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Thousands
Sep. 30, 2024
Dec. 31, 2023
Current Assets    
Cash and cash equivalents $ 145,807 $ 119,737
Accounts receivable, net 716,394 697,178
Expenditures billable to clients 137,443 114,097
Other current assets 108,187 94,054
Total Current Assets 1,107,831 1,025,066
Fixed assets, net 77,766 77,825
Operating Lease, Right-of-Use Asset 223,194 254,278
Goodwill 1,521,005 1,498,815
Other intangible assets, net 769,596 818,220
Other assets 97,425 92,843
Total Assets 3,796,817 3,767,047
Current Liabilities    
Accounts payable 338,649 414,980
Accrued media 206,512 291,777
Accruals and other liabilities 210,146 233,046
Advance billings 338,789 301,674
Current portion of lease liabilities - operating leases 61,897 65,899
Current portion of deferred acquisition consideration 8,618 66,953
Total Current Liabilities 1,164,611 1,374,329
Long-term debt 1,463,925 1,145,828
Long-term portion of deferred acquisition consideration 53,055 34,105
Long-term lease liabilities - operating leases 250,388 281,307
Deferred tax liabilities, net 41,728 40,509
Other liabilities 60,220 54,905
Total Liabilities 3,033,927 2,930,983
Redeemable Noncontrolling Interests 18,618 10,792
Commitments and Contingencies
Stockholders' Equity, Including Portion Attributable to Noncontrolling Interest [Abstract]    
Paid-in capital 287,941 348,494
Retained earnings 11,416 21,148
Accumulated other comprehensive loss (13,057) (13,067)
Stagwell Inc. Shareholders’ Equity 286,412 356,695
Noncontrolling interests 457,860 468,577
Total Shareholders’ Equity 744,272 825,272
Liabilities and Equity, Total 3,796,817 3,767,047
Common Class A and Common Class B    
Stockholders' Equity, Including Portion Attributable to Noncontrolling Interest [Abstract]    
Common shares 110 118
Common Class C    
Stockholders' Equity, Including Portion Attributable to Noncontrolling Interest [Abstract]    
Common shares $ 2 $ 2