Stagwell (STGW) Operating Expenses (2010 - 2026)
Stagwell's Operating Expenses was $774.76 million in Q2 2026, up 13.3% from $683.65 million a year earlier and up 11.6% from the prior quarter.
Stagwell (STGW) Operating Expenses (2010 - 2026) Analysis & Trends
On a trailing twelve-month basis, Stagwell's Operating Expenses was $2.9 billion through Jun 30, 2026, up 6.2% year-over-year; for FY2025, it was $2.75 billion, up 1.5% from FY2024.
- Operating Expenses shows a five-year compound annual growth rate of 27.9% (FY2020 to FY2025).
- In earlier years, Operating Expenses was $2.71 billion in FY2024 (+11.1%), $2.44 billion in FY2023 (-3.6%), $2.53 billion in FY2022 (+77.5%) and $1.42 billion in FY2021 (+77.1%).
- The Q2 2026 figure marks the highest quarterly Operating Expenses since Q1 2019.
- Compared with a year earlier, Operating Expenses has increased for five straight quarters, with growth averaging 7.6% over the last eight quarters.
- The best year-over-year quarter for Operating Expenses over five years was Q2 2022 (growth of 237.4%); the worst was Q4 2023 (a decline of 12.0%).
- Per Business Quant data, STGW's Operating Expenses in the three quarters before Q2 2026 was $694.5 million (Q1 2026), $750.81 million (Q4 2025) and $682.09 million (Q3 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Opex (Qtr) |
|---|---|---|---|---|---|
| 1 | Warner Bros. Discovery | 77.37 Bn | 63.04 Bn | 4.10 Bn | 8.48 Bn |
| 2 | Fox | 26.93 Bn | 12.84 Bn | - | 2.38 Bn |
| 3 | Omnicom | 20.34 Bn | 3.04 Bn | 1.30 Bn | 5.64 Bn |
| 4 | News | 15.87 Bn | 8.07 Bn | - | 991.00 Mn |
| 5 | Paramount Skydance | 11.07 Bn | 8.99 Bn | - | - |
| 6 | Pearson | 10.15 Bn | 7.29 Bn | - | - |
| 7 | New York Times | 10.00 Bn | 7.49 Bn | 394.61 Mn | 644.44 Mn |
| 8 | Sirius Xm Holdings | 8.68 Bn | 8.26 Bn | 1.44 Bn | 1.69 Bn |
| 9 | 36Kr Holdings | 5.97 Bn | 5.91 Bn | - | - |
| 10 | Stagwell | 2.00 Bn | 1.56 Bn | 269.24 Mn | 774.76 Mn |
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 774.76 Mn |
| Mar 31, 2026 | 694.50 Mn |
| Dec 31, 2025 | 750.81 Mn |
| Sep 30, 2025 | 682.09 Mn |
| Jun 30, 2025 | 683.65 Mn |
| Mar 31, 2025 | 633.46 Mn |
| Dec 31, 2024 | 745.18 Mn |
| Sep 30, 2024 | 669.50 Mn |
| Jun 30, 2024 | 649.26 Mn |
| Mar 31, 2024 | 644.21 Mn |
| Dec 31, 2023 | 635.61 Mn |
| Sep 30, 2023 | 583.83 Mn |
| Jun 30, 2023 | 611.00 Mn |
| Mar 31, 2023 | 606.21 Mn |
| Dec 31, 2022 | 722.00 Mn |
| Sep 30, 2022 | 593.74 Mn |
| Jun 30, 2022 | 624.58 Mn |
| Mar 31, 2022 | 588.24 Mn |
| Dec 31, 2021 | 578.01 Mn |
| Sep 30, 2021 | 486.27 Mn |
Stagwell Operating Expenses API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=operating-expenses&ticker=STGW&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "operating-expenses", "ticker": "STGW", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()
const res = await fetch("https://data.businessquant.com/historic?slug=operating-expenses&ticker=STGW&period=max&api_key=YOUR_API_KEY");
const data = await res.json();