The Interpublic Group of Companies, Inc. (IPG) quarterly income statement — complete revenue, gross profit & net income history
| Metric | Q3'25 | Q2'25 | Q1'25 | Q4'24 | Q3'24 | Q2'24 | Q1'24 | Q4'23 | Q3'23 | Q2'23 | Q1'23 | Q4'22 | Q3'22 | Q2'22 | Q1'22 | Q4'21 | Q3'21 | Q2'21 | Q1'21 | Q4'20 |
|---|
| Sales/Revenue | 2.49B | 2.54B | 2.32B | 2.86B | 2.63B | 2.71B | 2.5B | 3.02B | 2.68B | 2.67B | 2.52B | 2.99B | 2.64B | 2.74B | 2.57B | 2.93B | 2.54B | 2.51B | 2.26B | 2.55B |
| Revenue Growth % | -5.13% | -6.39% | -6.94% | -5.5% | -1.86% | 1.63% | -1% | 1.25% | 1.55% | -2.53% | -1.85% | 1.83% | 3.76% | 9.01% | 13.8% | 14.98% | 19.6% | 23.89% | -4.36% | -12.12% |
| Cost of Goods Sold | 2.03B | 2.07B | 2.06B | 2.19B | 2.18B | 2.3B | 2.21B | 2.33B | 2.22B | 2.28B | 2.25B | 2.34B | 2.22B | 2.3B | 2.23B | 2.35B | 2.09B | 2.03B | 1.92B | 1.98B |
| COGS % of Revenue | 81.52% | 81.5% | 88.69% | 76.58% | 82.82% | 84.83% | 88.46% | 76.97% | 82.86% | 85.4% | 89.32% | 78.29% | 84.02% | 84.08% | 86.79% | 80.29% | 82.31% | 80.73% | 84.86% | 77.51% |
| Gross Profit | 460.8M | 469.3M | 262.7M | 669M | 451.6M | 411.1M | 288M | 696.4M | 459.1M | 389.4M | 269.3M | 648.3M | 421.5M | 435.5M | 339.4M | 577.9M | 449.6M | 483.7M | 341.7M | 573.4M |
| Gross Margin % | 18.48% | 18.5% | 11.31% | 23.42% | 17.18% | 15.17% | 11.54% | 23.03% | 17.14% | 14.6% | 10.68% | 21.71% | 15.98% | 15.92% | 13.21% | 19.71% | 17.69% | 19.27% | 15.14% | 22.49% |
| Gross Profit Growth % | 2.04% | 14.16% | -8.78% | -3.93% | -1.63% | 5.57% | 6.94% | 7.42% | 8.92% | -10.59% | -20.65% | 12.18% | -6.25% | -9.96% | -0.67% | 0.78% | 19.32% | 110.03% | 99.71% | -1.34% |
| Operating Expenses | 241.8M | 225.6M | 304.7M | 101.1M | 318.7M | 92.9M | 103.8M | 89.6M | 82.3M | 78.7M | 81M | 203.7M | 79.7M | 86.4M | 93.7M | 120.6M | 98.1M | 99.3M | 98.7M | 350M |
| OpEx % of Revenue | 9.7% | 8.89% | 13.12% | 3.54% | 12.12% | 3.43% | 4.16% | 2.96% | 3.07% | 2.95% | 3.21% | 6.82% | 3.02% | 3.16% | 3.65% | 4.11% | 3.86% | 3.96% | 4.37% | 13.73% |
| Selling, General & Admin | 50.3M | 46.4M | 40.4M | 44.1M | 20.8M | 27.6M | 38M | 23.5M | 16.9M | 13.9M | 12.9M | 29.9M | 18.5M | 19.4M | 19.3M | 32.5M | 32.2M | 29.4M | 28.2M | 22.4M |
| SG&A % of Revenue | 2.02% | 1.83% | 1.74% | 1.54% | 0.79% | 1.02% | 1.52% | 0.78% | 0.63% | 0.52% | 0.51% | 1% | 0.7% | 0.71% | 0.75% | 1.11% | 1.27% | 1.17% | 1.25% | 0.88% |
| Research & Development | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| R&D % of Revenue | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Other Operating Expenses | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K |
| Operating Income | 219M | 243.7M | -42M | 567.9M | 132.9M | 318.2M | 184.2M | 606.8M | 376.8M | 310.7M | 188.3M | 444.6M | 341.8M | 349.1M | 245.7M | 457.3M | 351.5M | 384.4M | 243M | 223.4M |
| Operating Margin % | 8.78% | 9.61% | -1.81% | 19.88% | 5.06% | 11.74% | 7.38% | 20.07% | 14.07% | 11.65% | 7.47% | 14.89% | 12.96% | 12.76% | 9.57% | 15.6% | 13.83% | 15.32% | 10.77% | 8.76% |
| Operating Income Growth % | 64.79% | -23.41% | -122.8% | -6.41% | -64.73% | 2.41% | -2.18% | 36.48% | 10.24% | -11% | -23.36% | -2.78% | -2.76% | -9.18% | 1.11% | 104.7% | 41.39% | 849.14% | 220.16% | -54.53% |
| EBITDA | 281M | 304.9M | 19M | 631.3M | 198.2M | 383.2M | 249.4M | 672.1M | 442.8M | 377.2M | 254.8M | 516.7M | 408.8M | 416.2M | 313.5M | 532.4M | 420.9M | 454.5M | 312.2M | 297.1M |
| EBITDA Margin % | 11.27% | 12.02% | 0.82% | 22.1% | 7.54% | 14.14% | 9.99% | 22.23% | 16.53% | 14.15% | 10.11% | 17.3% | 15.5% | 15.21% | 12.21% | 18.16% | 16.56% | 18.11% | 13.83% | 11.65% |
| EBITDA Growth % | 41.78% | -20.43% | -92.38% | -6.07% | -55.24% | 1.59% | -2.12% | 30.08% | 8.32% | -9.37% | -18.72% | -2.95% | -2.87% | -8.43% | 0.42% | 79.2% | 31.7% | 300.09% | 109.95% | -46.63% |
| D&A (Non-Cash Add-back) | 62M | 61.2M | 61M | 63.4M | 65.3M | 65M | 65.2M | 65.3M | 66M | 66.5M | 66.5M | 72.1M | 67M | 67.1M | 67.8M | 75.1M | 69.4M | 70.1M | 69.2M | 73.7M |
| EBIT | 237.6M | 268.5M | -44.3M | 537.6M | 164.4M | 353.6M | 223.4M | 685.3M | 398.2M | 334.4M | 215.7M | 462.2M | 374M | 355.8M | 249.3M | 471.3M | 361.2M | 396.7M | 166M | 220.4M |
| Net Interest Income | -24.6M | -24.3M | -15.5M | -22.1M | -20.7M | -21.3M | -14.1M | -17.9M | -23.6M | -27.7M | -15.6M | -24M | -27.9M | -29.8M | -29.6M | -30.2M | -35.5M | -35M | -42.7M | -40M |
| Interest Income | 24.3M | 26.2M | 34.6M | 32.2M | 34.2M | 36.6M | 48.7M | 43.5M | 35.1M | 28.1M | 34.1M | 25.4M | 14.7M | 11.2M | 9.8M | 7.8M | 7.4M | 7.6M | 6.9M | 6.8M |
| Interest Expense | 48.9M | 50.5M | 50.1M | 54.3M | 54.9M | 57.9M | 62.8M | 61.4M | 58.7M | 55.8M | 49.7M | 49.4M | 42.6M | 41M | 39.4M | 38M | 42.9M | 42.6M | 49.6M | 46.8M |
| Other Income/Expense | -30.3M | -25.5M | -52.4M | -83.9M | -23.4M | -23M | -23.3M | 20.1M | -39.6M | -31.4M | -22.3M | -29.5M | -7.9M | -33.5M | -35.8M | -21.9M | -33.2M | -30.3M | -126.6M | -48.3M |
| Pretax Income | 188.7M | 218.2M | -94.5M | 484M | 109.5M | 295.2M | 160.9M | 626.9M | 337.2M | 279.3M | 166M | 415.1M | 333.9M | 315.5M | 209.9M | 435.4M | 318.3M | 354.1M | 116.2M | 175.1M |
| Pretax Margin % | 7.57% | 8.6% | -4.07% | 16.94% | 4.17% | 10.89% | 6.45% | 20.74% | 12.59% | 10.47% | 6.58% | 13.9% | 12.66% | 11.53% | 8.17% | 14.85% | 12.52% | 14.11% | 5.15% | 6.87% |
| Income Tax | 58.7M | 54.6M | -9.2M | 125.7M | 85.3M | 75.6M | 47.3M | 155.3M | 91.5M | 10.6M | 33.8M | 109.2M | 76.4M | 83.7M | 49.1M | 67.4M | 73.9M | 86.7M | 23.8M | 58.1M |
| Effective Tax Rate % | 31.11% | 25.02% | 9.74% | 25.97% | 77.9% | 25.61% | 29.4% | 24.77% | 27.14% | 3.8% | 20.36% | 26.31% | 22.88% | 26.53% | 23.39% | 15.48% | 23.22% | 24.48% | 20.48% | 33.18% |
| Net Income | 130M | 162.5M | -85.4M | 344.5M | 20.1M | 214.5M | 110.4M | 463.2M | 243.7M | 265.5M | 126M | 297.2M | 251.8M | 229.6M | 159.4M | 357.9M | 239.9M | 263.3M | 91.7M | 112.3M |
| Net Margin % | 5.21% | 6.41% | -3.68% | 12.06% | 0.76% | 7.92% | 4.42% | 15.32% | 9.1% | 9.96% | 5% | 9.95% | 9.55% | 8.39% | 6.21% | 12.21% | 9.44% | 10.49% | 4.06% | 4.4% |
| Net Income Growth % | 546.77% | -24.24% | -177.36% | -25.63% | -91.75% | -19.21% | -12.38% | 55.85% | -3.22% | 15.64% | -20.95% | -16.96% | 4.96% | -12.8% | 73.83% | 218.7% | -14.23% | 677.41% | 1851.06% | -65.86% |
| Net Income (Continuing) | 130M | 163.6M | -85.3M | 358.3M | 24.2M | 219.6M | 113.6M | 471.6M | 245.7M | 268.7M | 132.1M | 305.9M | 257.5M | 231.8M | 160.9M | 368M | 244.6M | 267.8M | 92.4M | 117M |
| Discontinued Operations | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Minority Interest | 55.2M | 72.6M | 109.4M | 112.7M | 104.5M | 102.2M | 95M | 103.5M | 97.5M | 105M | 99.1M | 96.4M | 61.6M | 61.7M | 69.7M | 78.8M | 122.5M | 120.6M | 132.8M | 142M |
| EPS (Diluted) | 0.34 | 0.44 | -0.23 | 0.91 | 0.05 | 0.57 | 0.29 | 1.21 | 0.63 | 0.68 | 0.33 | 0.76 | 0.64 | 0.58 | 0.40 | 0.90 | 0.60 | 0.66 | 0.23 | 0.28 |
| EPS Growth % | 537.9% | -22.81% | -179.31% | -24.79% | -91.54% | -16.18% | -12.12% | 59.21% | -1.56% | 17.24% | -17.5% | -15.56% | 6.67% | -12.12% | 73.91% | 221.43% | -15.49% | 650% | 2200% | -66.67% |
| EPS (Basic) | 0.34 | 0.44 | -0.23 | 0.92 | 0.05 | 0.57 | 0.29 | 1.21 | 0.64 | 0.69 | 0.33 | 0.77 | 0.64 | 0.58 | 0.40 | 0.91 | 0.61 | 0.67 | 0.23 | 0.29 |
| Diluted Shares Outstanding | 368M | 370.1M | 375M | 377.7M | 376.8M | 378.7M | 380.6M | 383.4M | 385.5M | 387.7M | 387.4M | 392.1M | 394.1M | 396.8M | 398.4M | 399.9M | 399.8M | 399M | 396M | 396.1M |
| Basic Shares Outstanding | 365M | 367.9M | 372.5M | 375.2M | 373.9M | 376.3M | 378.4M | 381.4M | 383.6M | 385.7M | 385.8M | 387.9M | 390.6M | 393.1M | 394.5M | 393.7M | 393.5M | 393.3M | 391.5M | 390.5M |
| Dividend Payout Ratio | 92.46% | 74.52% | - | 35.65% | 612.94% | 57.76% | 114.67% | 25.45% | 48.67% | 44.97% | 97.78% | 37.75% | 44.88% | 49.56% | 74.22% | 29.7% | 44.27% | 40.3% | 118.97% | 88.6% |