FY2025 · ended Dec 31, 2025 · Revenue $2.42B, -9.4% YoY · Filed Feb 18, 2026
Quad/Graphics, Inc. (QUAD) files with the SEC under industry code 2750, Commercial Printing. In fiscal 2025, which ended Dec 31, 2025, it reported revenue of $2.4 billion and net income of $27.0 million. Free cash flow was $50.7 million. As of Sep 30, 2026 it held $22.8 million in cash and investments and $512.6 million in total debt.
Revenue (TTM)
$2.38B
-4.9% vs year-ago TTM
Net income
$27.00M
+153.0% vs prior year
Operating cash flow (TTM)
$83.50M
-23.3% vs year-ago TTM
Free cash flow (TTM)
$37.20M
-38.8% vs year-ago TTM
EPS
$0.54
+150.5% vs prior year
Dividend per share (TTM)
$0.38
+36.4% vs year-ago TTM
Shares outstanding
—
Net cash
$-489.80M
as of Sep 30, 2026
Operating margin
3.5%
FY 2026
Company profile
- Industry
- Commercial Printing (SIC 2750)
- Listed as
- QUAD (NYSE)
- Fiscal year ends
- December 31
- Incorporated in
- WI
- Headquarters
- Sussex, WI
- SEC filer status
- Accelerated filer, Smaller reporting company
- SEC CIK
- 1481792
Other Commercial Printing companies
Key figures
Fiscal-year totals from the annual reports. Balance sheet lines are as of each year end.
| Line | FY 2025 Dec 31, 2025 |
FY 2024 Dec 31, 2024 |
FY 2023 Dec 31, 2023 |
FY 2022 Dec 31, 2022 |
FY 2021 Dec 31, 2021 |
|---|---|---|---|---|---|
| Revenue | $2.4B | $2.7B | $3.0B | $3.2B | $3.0B |
| Operating income | $97.0M | $19.2M | $25.7M | $53.5M | $92.8M |
| Net income | $27.0M | -$50.9M | -$55.4M | $9.3M | $37.8M |
| Diluted EPS | $0.54 | -$1.07 | -$1.14 | $0.18 | $0.71 |
| Operating cash flow | $95.9M | $112.9M | $147.6M | $154.6M | $136.5M |
| Free cash flow | $50.7M | $55.7M | $76.8M | $94.3M | $86.5M |
| Total assets | $1.3B | $1.3B | $1.5B | $1.7B | $1.9B |
| Total liabilities | $1.1B | $1.2B | $1.4B | $1.5B | $1.8B |
| Stockholders' equity | -$59.5M | — | — | — | $136.8M |
| Cash and investments | $63.3M | $29.2M | $52.9M | $25.2M | $179.9M |
| Total debt | $444.0M | $464.6M | $625.3M | $685.1M | $931.6M |
Recent SEC filings
| Form | Description | Filed | Period |
|---|---|---|---|
| 10-Q | Quarterly report | Oct 29, 2026 | Sep 30, 2026 |
| 8-K |
Current report
Results of operations
|
Oct 28, 2026 | Oct 28, 2026 |
| 8-K |
Current report
Regulation FD disclosure
|
Aug 25, 2026 | Aug 25, 2026 |
| 10-Q | Quarterly report | Jul 29, 2026 | Jun 30, 2026 |
| 8-K |
Current report
Results of operations
|
Jul 28, 2026 | Jul 28, 2026 |
| 8-K |
Current report
Shareholder vote results
|
May 22, 2026 | May 20, 2026 |
All 1015 Quad/Graphics, Inc. SEC filings
Source: SEC EDGAR filings. This is company-reported data, not investment advice.