Quad/Graphics, Inc. Income Statement
QUAD|14 years of annual SEC 10-K data (FY2011-FY2025)
Line items include revenue, cost of goods sold, gross profit, operating expenses, interest, taxes, and net income with per-share data across 14 fiscal years. All figures from audited SEC 10-K filings.
At a glance
Revenue
$2.4B
FY2025
Gross Profit
N/A
FY2025
Operating Income
$97M
FY2025
Net Income
$27M
FY2025
Quad/Graphics, Inc. reported $2.4B in revenue and $27M in net income for FY2025. Revenue has declined at a 4.1% compound annual rate over the past 14 years.
Based on SEC 10-K filings.
Key Data Points
- Altman Z-Score NaN (distress zone, below 1.23 threshold)
- Negative shareholders equity: Liabilities exceed assets
- Cash-backed earnings: Operating cash flow exceeds net income
Data sourced from SEC EDGAR filings. Not investment advice.
| Item | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 | FY2015 | FY2013 | FY2012 | FY2011 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $2.4B | $3.0B | $3.0B | $3.0B | $2.9B | $3.9B | $4.0B | $4.0B | $4.6B | $4.8B | $4.8B | $4.8B | $4.1B | $4.3B |
| Cost of Revenue | $1.9B | $2.4B | $2.4B | $2.4B | $2.3B | $3.2B | $3.1B | $3.2B | $3.7B | $3.8B | $3.8B | $3.8B | $3.2B | $3.3B |
| SG&A Expense | $325.9M | $344.5M | $344.5M | $326.0M | $335.1M | $397.6M | $408.7M | $358.9M | $448.3M | $425.5M | $416.0M | $416.0M | $347.1M | $407.0M |
| R&D Expense | $2.9M | $3.1M | $3.1M | $3.1M | $3.0M | $3.6M | $9.0M | $3.6M | $10.3M | $11.3M | $13.4M | $13.4M | $13.2M | $16.9M |
| Operating Income | $97.0M | $25.7M | $25.7M | $92.8M | -$46.0M | $34.7M | $172.8M | $87.3M | -$830.0M | $141.3M | $142.2M | $142.2M | $106.5M | $156.9M |
| Interest Expense | $50.5M | $70.0M | $70.0M | $59.6M | $68.8M | $90.0M | $70.9M | $73.2M | $88.4M | $92.9M | $85.5M | $85.5M | $84.0M | $108.0M |
| Income Tax | $5.5M | $12.8M | $12.8M | $9.5M | $300.0K | -$24.4M | -$9.2M | -$2.4M | -$282.8M | $20.2M | $23.3M | $23.3M | -$31.5M | $26.0M |
| Net Income | $27.0M | -$55.4M | -$55.4M | $37.8M | -$128.3M | -$156.3M | $107.2M | $8.5M | -$641.9M | $18.6M | $32.5M | $32.5M | $87.4M | -$46.9M |
| EPS (Basic) | -$1.07 | -$1.14 | $0.18 | $0.74 | -$2.53 | -$3.12 | $2.16 | $0.94 | -$13.40 | $0.39 | $0.67 | $1.80 | -$6.67 | $1.87 |
| EPS (Diluted) | -$1.07 | -$1.14 | $0.18 | $0.71 | -$2.53 | - | $2.07 | $0.90 | -$13.40 | $0.38 | $0.65 | $1.78 | -$6.67 | $1.81 |
| Shares Outstanding | 47.6M | 48.4M | 52.5M | 53.0M | 50.6M | 50.0M | 51.8M | 49.8M | 47.9M | 48.5M | 48.0M | 47.2M | 37.5M | 29.2M |
| Operating Margin | 4.0% | 0.9% | 0.9% | 3.1% | -1.6% | 0.9% | 4.4% | 2.2% | -18.1% | 3.0% | 3.0% | 3.0% | 2.6% | 3.6% |
| Profit Margin | 1.1% | -1.9% | -1.9% | 1.3% | -4.4% | -4.0% | 2.7% | 0.2% | -14.0% | 0.4% | 0.7% | 0.7% | 2.1% | -1.1% |