Quad/Graphics, Inc. splits its revenue 2 ways in its filings. By operating segments, the largest line in fiscal 2025, which ended Dec 31, 2025 was United States Printand Related Services at $2.2 billion, 92% of the total. By sales mix, the largest line in fiscal 2025, which ended Dec 31, 2025 was Catalog Publications Retail Inserts Books And Directories at $1.1 billion, 47% of the total.
USD in millions. The percent under a figure is the change from the year before.
| Line |
FY 2026
Sep 30, 2026
|
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
|
FY 2020
Dec 31, 2020
|
FY 2019
Dec 31, 2019
|
FY 2018
Dec 31, 2018
|
FY 2017
Dec 31, 2017
|
FY 2016
Dec 31, 2016
|
|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue |
2,376
|
2,420
|
2,672
|
2,958
|
3,217
|
2,960
|
2,930
|
3,923
|
3,986
|
4,131
|
4,330
|
| Operating segments | |||||||||||
| United States Printand Related Services |
2,188
-2.8%
share 92.1%
|
2,214
-4.9%
share 91.5%
|
2,330
-8.8%
share 87.2%
|
2,554
-8.6%
share 86.4%
|
2,795
+6.3%
share 86.9%
|
2,629
+0.0%
share 88.8%
|
2,628
-25.4%
share 89.7%
|
3,521
-2.2%
share 89.7%
|
3,599
+1.1%
share 90.3%
|
3,560
share 86.2%
|
—
|
| International |
188
-24.2%
share 7.9%
|
206
-40.0%
share 8.5%
|
343
-15.0%
share 12.8%
|
403
-4.5%
share 13.6%
|
422
+27.3%
share 13.1%
|
332
+9.9%
share 11.2%
|
302
-25.0%
share 10.3%
|
402
+4.0%
share 10.3%
|
387
-1.1%
share 9.7%
|
391
share 9.5%
|
—
|
| Sales mix | |||||||||||
| Catalog Publications Retail Inserts Books And Directories |
1,090
-7.6%
share 45.9%
|
1,144
-9.1%
share 47.3%
|
1,258
-10.0%
share 47.1%
|
1,398
-5.3%
share 47.3%
|
1,476
+7.9%
share 45.9%
|
1,369
-2.4%
share 46.2%
|
1,402
-30.4%
share 47.9%
|
2,015
-6.5%
share 51.4%
|
2,155
-4.0%
share 54.1%
|
2,245
share 54.3%
|
—
|
| Direct Mail And Other Printed Products |
560
+4.0%
share 23.6%
|
536
+5.8%
share 22.1%
|
506
-6.8%
share 19.0%
|
544
-15.2%
share 18.4%
|
641
+14.6%
share 19.9%
|
559
+3.8%
share 18.9%
|
538
-21.0%
share 18.4%
|
682
+7.6%
share 17.4%
|
634
-6.1%
share 15.9%
|
675
share 16.3%
|
—
|
| Services |
523
-1.5%
share 22.0%
|
529
-7.7%
share 21.8%
|
573
-8.1%
share 21.4%
|
624
-9.5%
share 21.1%
|
689
-3.4%
share 21.4%
|
713
+1.8%
share 24.1%
|
701
share 23.9%
|
—
|
801
+33.0%
share 20.1%
|
602
share 14.6%
|
—
|
| Logistic Services |
236
+3.5%
share 9.9%
|
224
-9.8%
share 9.2%
|
248
-2.4%
share 9.3%
|
254
-18.2%
share 8.6%
|
310
-10.2%
share 9.6%
|
346
-3.2%
share 11.7%
|
357
-16.8%
share 12.2%
|
429
+0.1%
share 10.9%
|
429
+7.5%
share 10.8%
|
399
share 9.7%
|
—
|
| Other Revenues |
16
+68.8%
share 0.7%
|
9
-11.7%
share 0.4%
|
10
+28.7%
share 0.4%
|
8
-17.5%
share 0.3%
|
10
+16.9%
share 0.3%
|
8
+124.3%
share 0.3%
|
4
-78.2%
share 0.1%
|
17
-38.0%
share 0.4%
|
27
-51.6%
share 0.7%
|
57
share 1.4%
|
—
|
How these figures are calculated
Annual columns are full-year amounts from the annual report (Form 10-K, 20-F, or 40-F). If a company restates a year, the latest filed number is shown. USD in millions. Each group is a separate split of total revenue, so the groups are not added together. Share of revenue is that line divided by total revenue. The first column adds the latest year-to-date segment amount to the last fiscal year and subtracts the year-ago year-to-date amount. More on our methodology.
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
Source: SEC EDGAR filings. This is company-reported data, not investment advice.