Quad/Graphics, Inc. (QUAD)
NYSE · Commercial Printing · Manufacturing · CIK 1481792 · fiscal year ends in Dec
Closing price $7.19 on 30 Oct 2026; 52-week range $5.18 to $10.85.
Key figures
The last twelve months reported, with the latest price and balance sheet.
- Revenue, last twelve months
- $2.4B
- Revenue growth
- -4.9%
- Net income, last twelve months
- $26.5M
- Earnings per share
- $0.53
- Gross margin
- 21.4%
- Operating margin
- 3.5%
- Net margin
- 1.1%
- Free cash flow
- $37.2M
- Return on equity
- 22.0%
- Market value
- $366.1M
- Price to earnings
- 13.6x
- Dividend yield
- 5.2%
- Cash
- $22.8M
- Debt
- $442.0M
- Debt to equity
- 3.67
- Shares outstanding
- 50.9M
Financial statements
Revenue, profit and cash flow by fiscal year, each year linked to its annual report.
| Fiscal year | Year end | Revenue | Operating income | Net income | EPS | Free cash flow | Filing |
|---|---|---|---|---|---|---|---|
| FY2025 | 31 Dec 2025 | $2.4B | $97.0M | $27.0M | $0.54 | $50.7M | 10-K filed 18 Feb 2026 |
| FY2024 | 31 Dec 2024 | $2.7B | $19.2M | -$50.9M | -$1.07 | $55.7M | 10-K filed 21 Feb 2025 |
| FY2023 | 31 Dec 2023 | $3.0B | $25.7M | -$55.4M | -$1.14 | $76.8M | 10-K filed 22 Feb 2024 |
| FY2022 | 31 Dec 2022 | $3.2B | $53.5M | $9.3M | $0.18 | $94.3M | 10-K filed 27 Feb 2023 |
| FY2021 | 31 Dec 2021 | $3.0B | $92.8M | $37.8M | $0.71 | $86.5M | 10-K filed 23 Feb 2022 |
By quarter
| Quarter | Quarter end | Revenue | Net income | EPS |
|---|---|---|---|---|
| Q3 FY2026 | 30 Sep 2026 | $586.7M | $5.5M | $0.11 |
| Q2 FY2026 | 30 Jun 2026 | $577.5M | $3.7M | $0.07 |
| Q1 FY2026 | 31 Mar 2026 | $581.0M | $6.2M | $0.13 |
| Q4 FY2025 | 31 Dec 2025 | $630.6M | $11.1M | $0.22 |
| Q3 FY2025 | 30 Sep 2025 | $588.0M | $10.2M | $0.21 |
| Q2 FY2025 | 30 Jun 2025 | $571.9M | -$100.0K | $0.00 |
| Q1 FY2025 | 31 Mar 2025 | $629.4M | $5.8M | $0.11 |
| Q4 FY2024 | 31 Dec 2024 | $708.4M | $4.7M | $0.09 |
Revenue by segment
As the company reports it in the segment note of its annual report.
By business, FY2025
| Segment | Revenue | Share |
|---|---|---|
| United States Print and Related Services | $2.2B | 91.5% |
| International | $205.5M | 8.5% |
By product, FY2025
| Segment | Revenue | Share |
|---|---|---|
| Product | $1.9B | 78.2% |
| Service | $528.6M | 21.8% |
Company events
The newest 8-K filings of 133 held.
| Filed | Form | Event | Items |
|---|---|---|---|
| 28 Oct 2026 | 8-K | Results | 2.02, 9.01 |
| 25 Aug 2026 | 8-K | Investor update | 7.01, 9.01 |
| 28 Jul 2026 | 8-K | Results | 2.02, 9.01 |
| 22 May 2026 | 8-K | Shareholder vote | 5.07 |
| 28 Apr 2026 | 8-K | Results | 2.02, 9.01 |
| 17 Feb 2026 | 8-K | Results | 2.02, 9.01 |
| 17 Feb 2026 | 8-K | Leadership change | 5.02, 9.01 |
| 28 Oct 2025 | 8-K | Results | 2.02, 9.01 |
| 29 Jul 2025 | 8-K | Results | 2.02, 9.01 |
| 23 May 2025 | 8-K | Shareholder vote, Bylaws or fiscal year change | 5.03, 5.07, 9.01 |
| 29 Apr 2025 | 8-K | Results | 2.02, 9.01 |
| 2 Apr 2025 | 8-K | Leadership change | 5.02 |
Every filing
The newest filings with the SEC of 293 held.
| Filed | Form | Period |
|---|---|---|
| 29 Oct 2026 | 10-Q | 30 Sep 2026 |
| 28 Oct 2026 | 8-K | 28 Oct 2026 |
| 25 Aug 2026 | 8-K | 25 Aug 2026 |
| 29 Jul 2026 | 10-Q | 30 Jun 2026 |
| 28 Jul 2026 | 8-K | 28 Jul 2026 |
| 22 May 2026 | 8-K | 20 May 2026 |
| 29 Apr 2026 | 10-Q | 31 Mar 2026 |
| 28 Apr 2026 | 8-K | 28 Apr 2026 |
| 10 Apr 2026 | ARS | 31 Dec 2025 |
| 10 Apr 2026 | DEFA14A | – |
| 10 Apr 2026 | DEF 14A | 20 May 2026 |
| 18 Feb 2026 | 10-K | 31 Dec 2025 |
Planned insider sales
Form 144 notices, filed when the sell order goes to the broker.
| Filed | Seller | Shares | Value | Planned sale |
|---|---|---|---|---|
| 31 Jul 2026 | McKenna Donald M, Officer | 12,289 | $121.4K | 31 Jul 2026 |
| 31 Jul 2026 | Fowler John C, Director | 26,000 | $256.9K | 31 Jul 2026 |
| 31 Jul 2026 | Huet Melanie Arlene, Director | 28,543 | $282.0K | 31 Jul 2026 |
| 22 May 2026 | Flores Kathryn Quadracci, Director | 27,427 | $197.2K | 22 May 2026 |
| 1 May 2026 | Flores Kathryn Quadracci, Director | 7,675 | $57.1K | 1 May 2026 |
| 1 May 2026 | Eason Beth-Ann, Director | 30,738 | $228.7K | 1 May 2026 |
| 6 Mar 2026 | Flores Kathryn Quadracci, Director | 10,655 | $73.1K | 6 Mar 2026 |
| 2 Mar 2026 | Jaeger Steven D, Officer | 8,205 | $56.7K | 2 Mar 2026 |
| 23 Feb 2026 | Buth Douglas P, Director | 20,000 | $140.6K | 23 Feb 2026 |
| 20 Feb 2026 | McKenna Donald M, Officer | 7,927 | $53.7K | 20 Feb 2026 |
Large holders
Schedule 13D and 13G filings by holders of more than 5% of the voting shares.
| Filed | Holder | Schedule | Stake | Shares |
|---|---|---|---|---|
| 7 Aug 2026 | Miller Value Partners, LLC | 13G amended | 5.93% | 0 |
Short interest
Shares sold short and not yet bought back, on each FINRA settlement date.
| Settlement | Shares short | Change | Days to cover |
|---|---|---|---|
| 15 Oct 2026 | 1.9M | +8.91% | 8.97 |
| 30 Sep 2026 | 1.7M | -1.63% | 4.46 |
| 15 Sep 2026 | 1.7M | +24% | 4.96 |
| 31 Aug 2026 | 1.4M | +12.56% | 3.82 |
| 14 Aug 2026 | 1.2M | -14.93% | 2.43 |
| 31 Jul 2026 | 1.5M | -4.95% | 5.26 |
| 15 Jul 2026 | 1.5M | +10.01% | 11.92 |
| 30 Jun 2026 | 1.4M | +9.17% | 4.68 |
Funds that hold it
From each fund's latest Form 13F.
160 funds held it at 30 Jun 2026: 79 added and 41 trimmed in the quarter. The largest:
| Fund | Shares | Value | Change in the quarter |
|---|---|---|---|
| Miller Value Partners, LLC | 2,538,299 | $21.4M | -112,740 |
| BlackRock, Inc. | 2,290,195 | $19.3M | +269,378 |
| LSV Asset Management | 1,373,491 | $11.6M | +39,790 |
| Vanguard Capital Management LLC | 1,303,331 | $11.0M | -83,789 |
| Dimensional Fund Advisors LP | 1,194,489 | $10.1M | +59,050 |
| Hotchkis & Wiley Capital Management LLC | 1,053,640 | $8.9M | +32,110 |
| Geode Capital Management, LLC | 773,412 | $6.5M | +80,895 |
| Renaissance Technologies LLC | 672,900 | $5.7M | -49,500 |
| State Street Corp. | 637,466 | $5.4M | +4,305 |
| Great Valley Advisor Group, Inc. | 622,325 | $5.2M | +1,000 |
Peers
Companies in the same industry.
- Cimpress plc (CMPR): revenue $3.8B, market value $1.4B
- CPI Card Group Inc. (PMTS): revenue $587.3M, market value $301.8M