Earnings Per Share (Tables)

9 Months Ended

Sep. 30, 2025

Earnings Per Share [Abstract]

Schedule of Calculation of Numerator and Denominator in Earnings Per Share

The following table presents the computations of basic and diluted earnings per common share for the three months ended September 30, 2025 (amounts in thousands, except per share amounts):

	Three Months Ended September 30,
	2025
Earnings Per Share - Basic
Numerator:
Net income	$	23,763
Net income attributable to noncontrolling and redeemable noncontrolling interests	856
Net income attributable to Stagwell Inc. common shareholders	$	24,619
Denominator:
Weighted average number of common shares outstanding	255,952
Earnings Per Share - Basic	$	0.10
Earnings Per Share - Diluted
Numerator:
Net income attributable to Stagwell Inc. common shareholders	$	24,619
Denominator:
Basic - Weighted average number of common shares outstanding	255,952
Dilutive shares:
Stock Appreciation Rights and Restricted Awards	3,631
Diluted - Weighted average number of common shares outstanding	259,583
Earnings Per Share - Diluted	$	0.09
Anti-dilutive:
Class A Shares to settle deferred acquisition obligations	6,423

The following table presents the computations of basic and diluted earnings per common share for the nine months ended September 30, 2025 (amounts in thousands, except per share amounts):

	Nine Months Ended September 30,
	2025
Earnings Per Share - Basic
Numerator:
Net income	$	13,804
Net loss attributable to Class C shareholders	6,637
Net income attributable to other equity interest holders	(4,000)
Net loss attributable to noncontrolling and redeemable noncontrolling interests	2,637
Net income attributable to Stagwell Inc. common shareholders	$	16,441
Denominator:
Weighted average number of common shares outstanding	210,139
Earnings Per Share - Basic	$	0.08
Earnings Per Share - Diluted
Numerator:
Net income attributable to Stagwell Inc. common shareholders	$	16,441
Net loss attributable to Class C shareholders	(6,637)
	$	9,804
Denominator:
Basic - Weighted average number of common shares outstanding	210,139
Dilutive shares:
Class C Shares	52,216
Stock Appreciation Rights and Restricted Awards	4,418
	56,634
Diluted - Weighted average number of common shares outstanding	266,773
Earnings Per Share - Diluted	$	0.04
Anti-dilutive:
Class A Shares to settle deferred acquisition obligations	6,163

The following table presents the computations of basic and diluted earnings per common share for the three months ended September 30, 2024 (amounts in thousands, except per share amounts):

	Three Months Ended September 30,
	2024
Earnings Per Share - Basic
Numerator:
Net income	$	13,864
Net income attributable to Class C shareholders	(9,432)
Net income attributable to other equity interest holders	(1,161)
Net income attributable to noncontrolling and redeemable noncontrolling interests	(10,593)
Net income attributable to Stagwell Inc. common shareholders	$	3,271
Denominator:
Weighted average number of common shares outstanding	108,198
Earnings Per Share - Basic	$	0.03
Earnings Per Share - Diluted
Numerator:
Net income attributable to Stagwell Inc. common shareholders	$	3,271
Denominator:
Basic - Weighted average number of common shares outstanding	108,198
Dilutive shares:
Restricted share and restricted unit awards	3,990
Employee Stock Purchase Plan shares	2
Dilutive - Weighted average number of common shares outstanding	112,190
Earnings Per Share - Diluted	$	0.03
Anti-dilutive:
Class C Shares	151,649
Class A Shares to settle deferred acquisition obligations	3,346

The following table presents the computations of basic and diluted loss per common share for the nine months ended September 30, 2024 (amounts in thousands, except per share amounts):

	Nine Months Ended September 30,
	2024
Loss Per Share - Basic and Diluted
Numerator:
Net income	$	9,197
Net income attributable to Class C shareholders	(5,850)
Net income attributable to other equity interest holders	(4,323)
Net income attributable to noncontrolling and redeemable noncontrolling interests	(10,173)
Net loss attributable to Stagwell Inc. common shareholders	$	(976)
Denominator:
Weighted average number of common shares outstanding	111,436
Loss Per Share - Basic and Diluted	$	(0.01)
Anti-dilutive:
Class C Shares	151,649
Stock Appreciation Rights and Restricted Awards	4,205
Class A Shares to settle deferred acquisition obligations	3,515
Employee Stock Purchase Plan shares	45