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Quad Graphics QUAD Products — Total cost of sales

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Other financials

Income statement

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Revenue$577.5M+1.0%
Gross profit$121.4M-1.9%
Operating income$14.9M+8.8%
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+69.6%
Enterprise value$986.68M+17.2%
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:CostOfGoodsAndServicesSold.

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
Services125.7123.9250.5258.5
Total net sales577.5571.91,158.51,201.3
Cost of sales
Products375.8368.6753.4783.0
Services80.379.5160.8165.1
Total cost of sales456.1448.1914.2948.1
Operating expenses
Selling, general and administrative expenses79.680.2158.0163.7

ITEM 1. Condensed Consolidated Financial Statements (Unaudited)

FAQ

What is Quad Graphics's products — total cost of sales?
Quad Graphics (QUAD) reported products — total cost of sales of $375.8M in Q2 2026.
How has Quad Graphics's products — total cost of sales changed year-over-year?
Quad Graphics's products — total cost of sales increased by 2.0% year-over-year, from $368.6M to $375.8M.
What is the long-term trend for Quad Graphics's products — total cost of sales?
Over 4 years (2021 to 2025), Quad Graphics's products — total cost of sales has grown at a -4.3% compound annual growth rate (CAGR), from $1.86B to $1.56B.
What does products — total cost of sales mean?
This metric captures the aggregate direct costs associated with producing and delivering the goods and services sold within the Products segment. It includes expenses such as raw materials, direct labor, and manufacturing overhead directly attributable to these product revenues. Monitoring this figure is essential for evaluating the segment's gross margin efficiency and cost management capabilities.

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