Omnicom Group Inc. – Second Quarter 2026 Results
Omnicom Group Inc (NYSE: OMC) posted second‑quarter results that surpassed analyst expectations, yet the stock fell 2% in after‑hours trading on Tuesday following a 4.7% gain during the regular session.
The company delivered adjusted earnings per share (EPS) of $2.65, beating the consensus estimate of $2.56 by $0.09. Reported (diluted) EPS on a GAAP basis was $2.08, up from $1.31 in the comparable period last year. Revenue for the quarter reached $6.6 billion, outpacing the $6.46 billion forecast. Core operations revenue was $6.0 billion, reflecting a 6.1% organic increase year‑over‑year and a total core‑operations revenue rise of 7.2% from $5.6 billion in the prior year quarter.
Adjusted EBITA from core operations amounted to $1.1 billion, delivering a margin of 17.8%, an improvement from the 15.9% margin recorded in Q2 2025. The margin expansion was primarily attributed to cost‑reduction synergies generated after the acquisition of The Interpublic Group of Companies (IPG).
Operating income grew by $483.3 million to $922.5 million, while net income increased by $327.2 million to $584.8 million. Net interest expense rose by $52.6 million to $93.3 million, driven by debt assumed in the IPG acquisition and refinancing activities completed in the first quarter. The effective tax rate for the quarter was 27.1%, down from 30.2% in the prior year period.
Revenue composition by discipline showed Integrated Media contributing 52.5% of core‑operations revenue, Advertising 15.7%, Public Relations 11.3%, Experiential & Other 11.2%, and Health 9.3%. Geographically, the United States accounted for 59.0% of core‑operations revenue.
John Wren, Chairman and Chief Executive Officer, said, "Our second quarter results reflect the momentum of the new Omnicom. Revenue in our Core Operations grew 6.1% organically and we had strong margin expansion. Clients are consolidating more work with us because they see the competitive advantage our connected capabilities deliver."