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Stagwell Inc. STGW Unbilled outside vendor costs, billable to clients

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Other financials

Income statement

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Revenue$704.1M+8.0%
Gross profit$244.6M+2.1%
Operating income$9.6M-47.3%
Net income-$13.0M-345%
EPS (diluted)-$0.05-25.0%

Balance sheet

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Cash & equivalents$114.9M-16.5%
Total debt$1.7B-2.2%
Total equity$704.9M+111%
Total assets$4.2B+6.5%

Cash flow

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Operating cash flow-$26.5M+55.9%
CapEx$10.7M+84.7%
Free cash flow-$37.2M+43.5%

Valuation

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Market cap$2.24B+59.0%
Enterprise value$3.83B+28.6%
P/E117.7×-1,450×
P/S0.8×+0.3×

Profitability

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Gross margin36.1%+0.2pp
Operating margin5.1%+0.6pp
Net margin0.6%+0.6pp
FCF margin8.7%+3.4pp

Returns & leverage

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Return on equity3.7%+3.5pp
Debt / equity2.4×-2.8×
Current ratio0.8×-0.1×

Where this comes from

Reported directly by Stagwell Inc. in its filing.

Tagged under the XBRL concept stgw:ExpendituresBillableCurrent.

The source filing: Stagwell Inc.’s 10-Q, filed May 1, 2026.

Filed
May 1, 2026, 11:08 AM EDT
Fiscal quarter
Q1 FY2026
Calendar quarter
Q1 2026
Accession
0000876883-26-000017
Line itemMarch 31, 2026December 31, 2025
Current assets
Cash and cash equivalents$114,935$104,537
Accounts receivable, net727,583735,752
Expenditures billable to clients170,293164,694
Other current assets202,210157,309
Total current assets1,215,0211,162,292
Fixed assets, net71,06973,081
Right-of-use lease assets - operating leases202,796213,576

Item 1. Financial Statements

FAQ

What is Stagwell Inc.'s unbilled outside vendor costs, billable to clients?
Stagwell Inc. (STGW) reported unbilled outside vendor costs, billable to clients of $170.29M in Q1 2026.
How has Stagwell Inc.'s unbilled outside vendor costs, billable to clients changed year-over-year?
Stagwell Inc.'s unbilled outside vendor costs, billable to clients increased by 4.0% year-over-year, from $163.7M to $170.29M.
What is the long-term trend for Stagwell Inc.'s unbilled outside vendor costs, billable to clients?
Over 5 years (2020 to 2025), Stagwell Inc.'s unbilled outside vendor costs, billable to clients has grown at a 71.6% compound annual growth rate (CAGR), from $11.06M to $164.69M.
What does unbilled outside vendor costs, billable to clients mean?
This represents costs incurred by the company on behalf of clients for third-party services that have not yet been invoiced. It serves as a working capital indicator reflecting the timing difference between vendor payments and client billing cycles. High balances may indicate potential cash flow strain or delays in the client invoicing process.

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