QUAD/GRAPHICS financials
$9.30−1.17%
Close Sep 29, 2026 · split-adjustedRevenue
Net income
Income statement & cash flow
| Fiscal year | FY25 Dec 31 | FY24 Dec 31 | FY23 Dec 31 | FY22 Dec 31 | FY21 Dec 31 | FY20 Dec 31 | FY19 Dec 31 | FY18 Dec 31 | FY17 Dec 31 | FY16 Dec 31 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $2.42B | $2.67B | $2.96B | $3.22B | $2.96B | $2.93B | $3.92B | $3.99B | $3.95B | $4.33B |
| Gross profit | $523.3M | $580.0M | $576.5M | $598.2M | $570.5M | $594.8M | $731.2M | $764.4M | $859.9M | $934.7M |
| Gross margin | 21.6% | 21.7% | 19.5% | 18.6% | 19.3% | 20.3% | 18.6% | 19.2% | 21.8% | 21.6% |
| Operating income | $97.0M | $19.2M | $27.4M | $66.1M | $82.8M | -$35.5M | $40.7M | $99.7M | $182.4M | $122.4M |
| Net income | $27.0M | -$50.9M | -$55.4M | $9.3M | $37.8M | -$128.3M | -$156.3M | $8.5M | $107.2M | $44.9M |
| Net margin | 1.1% | −1.9% | −1.9% | 0.3% | 1.3% | −4.4% | −4.0% | 0.2% | 2.7% | 1.0% |
| Diluted EPS | $0.54 | $-1.07 | $-1.14 | $0.18 | $0.71 | $-2.53 | $-3.12 | $0.16 | $2.07 | $0.90 |
| EBITDA | $197.4M | $223.2M | $233.7M | $252.2M | $259.0M | $270.2M | $353.2M | $433.7M | $474.8M | $473.1M |
| Operating cash flow | $95.9M | $112.9M | $147.6M | $154.6M | $136.5M | $190.2M | $155.5M | $260.6M | $344.0M | $353.6M |
| Free cash flow | $50.7M | $55.7M | $76.8M | $94.3M | $86.5M | $129.2M | $44.5M | $164.3M | $258.1M | $247.5M |
| Diluted shares | 49.9M | 47.6M | 48.4M | 52.5M | 53.0M | 50.6M | 50.0M | 51.6M | 51.8M | 49.8M |
Balance sheet
| Period end | Dec 31 | Dec 31 | Dec 31 | Dec 31 | Dec 31 | Dec 31 |
|---|---|---|---|---|---|---|
| Cash & equivalents | $63.3M | $29.2M | $52.9M | $25.2M | $179.9M | $55.2M |
| Short-term investments | $0.00 | $0.00 | $0.00 | $0.00 | — | — |
| Total debt | $371.2M | $379.2M | $522.7M | $570.2M | $803.7M | $928.2M |
| Total assets | $1.25B | $1.30B | $1.51B | $1.70B | $1.89B | $1.93B |
| Total liabilities | $1.12B | $1.25B | $1.39B | $1.53B | $1.75B | $1.84B |
| Shareholders' equity | $128.6M | $49.9M | $119.5M | $172.9M | $136.8M | $84.8M |
From SEC filings via Massive. Fiscal periods follow the company's own calendar; free cash flow is operating cash flow minus capital expenditure.
Sources: Massive / Polygon daily aggregates (split-adjusted) · SEC filings via Massive · FINRA settlements via Massive · Financial Modeling Prep. Figures are dated where shown; research is informational, not investment advice. Methodology