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Omnicom Group (OMC) FY2025 results: revenue $17.3 billion, up 10.1% on the year

Omnicom Group Inc. (OMC) reported revenue of $17.3 billion for fiscal 2025, the year ended 31 December 2025, up 10.1% on the year before. Net income was -$54 million, and diluted earnings per share $-0.27. The figures are the company's own, from the 10-K it filed with the SEC on 20 February 2026.

Revenue
$17.3 billion
+10.1% on the year
FY2018FY2025
Operating margin
2.6%
14.5% a year earlier
FY2018FY2025
Net income
-$54 million
FY2018FY2025
Diluted EPS
-$0.27
FY2018FY2025

this yearthe year beforeHover a bar for its figure.

The year in brief

What management said about the year

Guidance figures: 1 raised, 2 new.

  • Fourth quarter revenue up 27.9%: Revenue was $5.5 billion, up 27.9%, from one month of IPG revenue and constant currency growth. Currency translation added $89.0 million, or 2.1%.
  • Fourth quarter operating loss: Operating loss was $977.2 million, a margin of negative 17.7%, against operating income of $685.3 million a year earlier, mainly on IPG acquisition costs and repositioning.
  • Full year net loss to shareholders: Net loss attributable to Omnicom was $54.5 million, or $0.27 per diluted share, against net income of $7.46 per diluted share in 2024.
  • Fourth quarter repositioning and disposal charges: Fourth-quarter operating expenses included $186.7 million of IPG transaction costs, $1.1 billion of repositioning costs and $543.4 million of loss on planned dispositions after the IPG closing.
  • Fourth quarter adjusted EBITA margin 16.8%: Adjusted EBITA was $928.9 million, a 16.8% margin against 16.7% a year earlier. The measure excludes IPG costs, repositioning and dispositions.
Read the Q4 FY2025 earnings call summary

From this 10-K

Omnicom is a strategic holding company that operates through global networks, connected capabilities and specialized agencies, delivering marketing, sales, communications and commerce services to many of the largest global companies. Its products and services support client objectives across its primary focus areas of media, content, commerce, generative AI and branding communications. On 26 November 2025 it completed its merger with IPG, and the combined company operates under the Omnicom name with headquarters in New York, New York. Its geographic markets are the Americas, covering North America and Latin America, then EMEA and Asia-Pacific.

Omnicom Group Inc., the 10-K for 2025

Omnicom is a strategic holding company that operates through global networks, connected capabilities and specialized agencies, delivering marketing, sales, communications and commerce services to many of the largest global companies. Its products and services support client objectives across its primary focus areas of media, content, commerce, generative AI and branding communications. On 26 November 2025 it completed its merger with IPG, and the combined company operates under the Omnicom name with headquarters in New York, New York. Its geographic markets are the Americas, covering North America and Latin America, then EMEA and Asia-Pacific.

The IPG merger

Each outstanding share of IPG common stock, other than certain excluded shares, converted into the right to receive 0.344 of an Omnicom share plus cash in lieu of fractional shares. After closing, legacy Omnicom shareholders held approximately 60.6% of the combined company and legacy IPG shareholders approximately 39.4% on a fully diluted basis. IPG continues as a direct wholly owned subsidiary and its common stock has ceased trading, while Omnicom's stock still trades on the New York Stock Exchange under the symbol OMC. Omnicom is the acquirer for accounting purposes, so figures for periods before the closing date exclude IPG altogether and are not comparable with later ones. Alongside the merger Omnicom offered to exchange IPG's senior notes for up to $2.95 billion in aggregate principal amount of new Omnicom notes, and the exchange completed on 2 December 2025 with approximately 94% of those notes swapped for $2.76 billion of new notes.

The four networks

Omnicom Advertising holds the creative brands BBDO, TBWA and McCann, the last acquired from IPG, together with the brands inside the Advertising Collective. Omnicom Media holds OMD, PHD and Hearts & Sciences, plus UM, Acxiom, Initiative and Mediahub acquired from IPG. The DAS Group of Companies holds Omnicom Precision Marketing, MRM from IPG, and Omnicom Health, which includes IPG Health. The Communications Consultancy Network holds FleishmanHillard and Ketchum alongside Golin and Weber Shandwick from IPG.

Seven disciplines

The agencies work on a global, pan-regional and local basis across seven disciplines. Media & Advertising covers strategic media planning, buying and optimisation, data and analytics, creative services and content production. Precision Marketing covers technology and digital transformation consulting, decision sciences, digital experience design, customer relationship management, and e-commerce and enterprise platforms. Public Relations covers corporate communications, crisis management, public affairs and media relations. Healthcare covers communications, advertising and media services for global healthcare and pharmaceutical companies. Branding & Retail Commerce covers brand and product consulting, strategy and research, and retail marketing. Experiential covers live and digital events, and Execution & Support covers field marketing, sales support, digital and physical merchandising, point-of-sale and product placement.

Platform and clients

Every agency is supported by the Omni technology platform, which now takes in Acxiom and Interact, acquired from IPG, and Flywheel Commerce Cloud, alongside privacy-focused identity and data management. The company states that Omni integrates its connected capabilities, its identity and data infrastructure and AI into a single operating system, and that it unveiled the next generation of the platform in January 2026. Two enterprise-wide teams run across the agencies: the Global Growth Team, which holds an enterprise-level view of client needs across new business development, and the Client Success Leaders, who assemble tailored solutions across the service lines for an individual client's strategy and performance indicators. Clients operate in virtually every sector of the global economy, and in 2025 no single industry accounted for more than 15% of what the group took in. The largest client accounted for 2.4% of that and was served by approximately 144 agencies, and the 100 largest clients together accounted for approximately 54%, each served on average by approximately 55 agencies.

People

At 31 December 2025 the company employed approximately 120,000 people worldwide, including 55,300 in the Americas, 38,000 in EMEA and 26,700 in Asia-Pacific, with the United States the largest single base at approximately 37,700. None of its regular United States employees are represented by a labor union, and in certain countries outside the United States, primarily in Europe, some employees are represented by work councils. Human capital strategies are set collectively by senior management, including the management teams of the networks and agencies, and overseen by the Board of Directors.

From Omnicom's annual report on Form 10-K for the year ended 31 December 2025. The filing

Written from the 10-K filed 20 February 2026: read the full 10-K.

The four quarters: Q1 FY2025 · Q2 FY2025 · Q3 FY2025 · Q4 FY2025

Income statement (profit and loss)

$ millionFY2025FY2024FY2023On the yearLast 8 years
Revenue17,27215,68914,692+10.1%
Cost of revenue15,80512,76511,983+23.8%
Gross profit1,4672,9242,710-49.8%
Gross margin8.5%18.6%18.4%
Selling, general and administrative746408394+82.7%
Operating income4452,2752,105-80.4%
Operating margin2.6%14.5%14.3%
Interest expense263248218+6.3%
Pre-tax income2782,1281,993-86.9%
Income tax242560525-56.8%
Effective tax rate87.1%26.3%26.3%
Net income-54.51,4811,391
Net margin-0.3%9.4%9.5%
Diluted EPS-$0.27$7.46$6.91
$ million except per share.
Read moreFree cash flow is operating cash flow less capital expenditure; the effective tax rate is income tax over pre-tax income; margins are the line over revenue. Gross profit is revenue less cost of revenue, and operating income is revenue less the company's own total costs, where the statement does not print those lines. Those four are arithmetic on the filed numbers; everything else is as filed. Money is in $ million as the company files it, or in $ billion by the switch above the tables; per share figures and share counts are as they are.

Cash flow

$ millionFY2025FY2024FY2023On the yearLast 8 years
Operating cash flow2,9381,7341,422+69.5%
Capital expenditure15014178.4+6.5%
Free cash flow2,7881,5931,344+75.1%
Free cash flow margin16.1%10.2%9.1%
Cash from investing980-1,05979.1
Cash from financing-1,591-582-1,388
Depreciation and amortisation277242211+14.5%
Share-based compensation10191.484.8+10.3%
Buybacks708371571+91.0%
Dividends paid550553563-0.6%
Dividend per share$2.90$2.80$2.80+3.6%
Diluted shares, weighted205m199m201m+3.2%
Shares outstanding at period end313m196m198m+59.4%

Balance sheet

$ millionFY2025FY2024FY2023On the yearLast 8 years
Shareholders' equity12,0464,1943,616+187.2%
Non-controlling interest647552609+17.2%
Short-term borrowings62.021.310.9+191.1%
Debt9,2736,0735,670+52.7%
Operating lease liabilities1,617814853+98.6%
Other liabilities30,77017,96617,286+71.3%
Total liabilities and equity54,41529,62128,045+83.7%
Goodwill18,64110,67710,082+74.6%
Intangible assets5,101522367+877.2%
Investmentsn/an/a0.0
Cash and equivalents6,8814,3394,432+58.6%
Receivables14,3989,2428,660+55.8%
Other assets9,3944,8404,504+94.1%
Total assets54,41529,62128,045+83.7%

10-K for the year ended 31 December 2025, filed 20 February 2026: the filing.