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.
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.
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.
The four quarters: Q1 FY2025 · Q2 FY2025 · Q3 FY2025 · Q4 FY2025
Income statement (profit and loss)
| $ million | FY2025 | FY2024 | FY2023 | On the year | Last 8 years |
|---|---|---|---|---|---|
| Revenue | 17,272 | 15,689 | 14,692 | +10.1% | |
| Cost of revenue | 15,805 | 12,765 | 11,983 | +23.8% | |
| Gross profit | 1,467 | 2,924 | 2,710 | -49.8% | |
| Gross margin | 8.5% | 18.6% | 18.4% | ||
| Selling, general and administrative | 746 | 408 | 394 | +82.7% | |
| Operating income | 445 | 2,275 | 2,105 | -80.4% | |
| Operating margin | 2.6% | 14.5% | 14.3% | ||
| Interest expense | 263 | 248 | 218 | +6.3% | |
| Pre-tax income | 278 | 2,128 | 1,993 | -86.9% | |
| Income tax | 242 | 560 | 525 | -56.8% | |
| Effective tax rate | 87.1% | 26.3% | 26.3% | ||
| Net income | -54.5 | 1,481 | 1,391 | ||
| Net margin | -0.3% | 9.4% | 9.5% | ||
| Diluted EPS | -$0.27 | $7.46 | $6.91 |
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Free 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
| $ million | FY2025 | FY2024 | FY2023 | On the year | Last 8 years |
|---|---|---|---|---|---|
| Operating cash flow | 2,938 | 1,734 | 1,422 | +69.5% | |
| Capital expenditure | 150 | 141 | 78.4 | +6.5% | |
| Free cash flow | 2,788 | 1,593 | 1,344 | +75.1% | |
| Free cash flow margin | 16.1% | 10.2% | 9.1% | ||
| Cash from investing | 980 | -1,059 | 79.1 | ||
| Cash from financing | -1,591 | -582 | -1,388 | ||
| Depreciation and amortisation | 277 | 242 | 211 | +14.5% | |
| Share-based compensation | 101 | 91.4 | 84.8 | +10.3% | |
| Buybacks | 708 | 371 | 571 | +91.0% | |
| Dividends paid | 550 | 553 | 563 | -0.6% | |
| Dividend per share | $2.90 | $2.80 | $2.80 | +3.6% | |
| Diluted shares, weighted | 205m | 199m | 201m | +3.2% | |
| Shares outstanding at period end | 313m | 196m | 198m | +59.4% |
Balance sheet
| $ million | FY2025 | FY2024 | FY2023 | On the year | Last 8 years |
|---|---|---|---|---|---|
| Shareholders' equity | 12,046 | 4,194 | 3,616 | +187.2% | |
| Non-controlling interest | 647 | 552 | 609 | +17.2% | |
| Short-term borrowings | 62.0 | 21.3 | 10.9 | +191.1% | |
| Debt | 9,273 | 6,073 | 5,670 | +52.7% | |
| Operating lease liabilities | 1,617 | 814 | 853 | +98.6% | |
| Other liabilities | 30,770 | 17,966 | 17,286 | +71.3% | |
| Total liabilities and equity | 54,415 | 29,621 | 28,045 | +83.7% | |
| Goodwill | 18,641 | 10,677 | 10,082 | +74.6% | |
| Intangible assets | 5,101 | 522 | 367 | +877.2% | |
| Investments | n/a | n/a | 0.0 | ||
| Cash and equivalents | 6,881 | 4,339 | 4,432 | +58.6% | |
| Receivables | 14,398 | 9,242 | 8,660 | +55.8% | |
| Other assets | 9,394 | 4,840 | 4,504 | +94.1% | |
| Total assets | 54,415 | 29,621 | 28,045 | +83.7% |
10-K for the year ended 31 December 2025, filed 20 February 2026: the filing.