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Quad Graphics QUAD Operating Income

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Segments

By segment

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United States Print and Related Services$26.7M+17.1%
International$1.9M-51.3%

Other financials

Income statement

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Revenue$577.5M+1.0%
Gross profit$121.4M-1.9%
Net income$3.7M+3,800%
EPS (diluted)$0.07

Balance sheet

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Cash & equivalents$7.4M+10.4%
Total debt$469.2M-12.2%
Total equity$124.7M+43.3%
Total assets$1.2B-3.5%

Cash flow

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Operating cash flow-$93.7M-5.3%
CapEx$12.0M-7.7%
Free cash flow-$107.0M-6.7%

Valuation

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Market cap$524.88M+75.7%
Enterprise value$986.68M+19.4%
P/E16.8×
P/S0.2×+0.1×

Profitability

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Gross margin21.6%0.0pp
Operating margin4.1%+2.2pp
Net margin1.3%+1.0pp
FCF margin1.9%+0.9pp

Returns & leverage

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Return on equity29.5%+20.5pp
Debt / equity3.8×-2.4×
Current ratio0.9×0.0×

Where this comes from

Reported directly by Quad Graphics in its filing.

Tagged under the XBRL concept us-gaap:OperatingIncomeLoss.

The source filing: Quad Graphics’s 10-Q, filed July 29, 2026.

Filed
Jul 29, 2026, 3:32 PM EDT
Fiscal quarter
Q2 FY2026
Calendar quarter
Q2 2026
Accession
0001481792-26-000130
Line itemThree Months Ended June 30, 2026Three Months Ended June 30, 2025Six Months Ended June 30, 2026Six Months Ended June 30, 2025
Depreciation and amortization17.220.735.640.4
Restructuring, impairment and transaction-related charges, net9.79.218.115.8
Total operating expenses562.6558.21,125.91,168.0
Operating income14.913.732.633.3
Interest expense8.913.218.925.6
Net pension (income) expense(0.2)0.3(0.4)0.7
Earnings before income taxes6.20.214.17.0
Income tax expense2.50.34.21.3

ITEM 1. Condensed Consolidated Financial Statements (Unaudited)

FAQ

What is Quad Graphics's operating income?
Quad Graphics (QUAD) reported operating income of $14.9M in Q2 2026.
How has Quad Graphics's operating income changed year-over-year?
Quad Graphics's operating income increased by 8.8% year-over-year, from $13.7M to $14.9M.
What is the long-term trend for Quad Graphics's operating income?
Over 4 years (2021 to 2025), Quad Graphics's operating income has grown at a 0.0% compound annual growth rate (CAGR), from $97M to $97M.
What does operating income mean?
Gross profit minus all operating expenses (SG&A, R&D, D&A). Measures the profit from core business operations before interest, taxes, and non-operating items.

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