Every 8-K that QUAD/GRAPHICS, INC. (QUAD) has filed with the SEC in the last 24 months is listed below, newest first, and each one links through to the document itself with the summary and the scores our analysis gives it.
A 8-K covers material events a company has to report between its quarterly reports, so if you follow QUAD and want that one kind of document rather than the whole filing history, this is the page to keep. The company's other filings, of every form, are on the full QUAD filings page.
Quad/Graphics, Inc. (QUAD) furnished an investor presentation in connection with the Midwest IDEAS Conference, providing an update on operations, capital structure and financial performance for the quarter and six months ended June 30, 2026, along with 2026 guidance and long-term financial goals.
For Q2 2026, Net Sales were $577.5 million versus $571.9 million a year earlier. Adjusted EBITDA was $42.0 million with a 7.3% Adjusted EBITDA Margin, compared with $43.3 million and 7.6% in Q2 2025. Adjusted diluted EPS increased to $0.24 from $0.14. Year-to-date Free Cash Flow was negative $66.2 million.
At June 30, 2026, Quad reported Net Debt of $394.1 million and a Net Debt Leverage Ratio of 2.03x, compared with $307.9 million and 1.57x at December 31, 2025. Management reiterates 2026 guidance of $175–$215 million Adjusted EBITDA, $40–$60 million Free Cash Flow, and year-end Net Debt Leverage of approximately 1.5x, and highlights long-term objectives including Net Sales growth, low double-digit Adjusted EBITDA margins and 40% Free Cash Flow conversion.
Quad/Graphics reported Q2 2026 results with net sales of $577.5 million, up from $571.9 million a year earlier. Net earnings were $3.7 million versus a $0.1 million loss, and diluted EPS was $0.07. Adjusted EBITDA was $42.0 million compared with $43.3 million, while Adjusted diluted EPS increased to $0.24 from $0.14.
For the first half of 2026, net sales were $1,158.5 million, down 4% from 2025, but net earnings rose to $9.9 million and diluted EPS to $0.20. Adjusted EBITDA was $86.7 million versus $88.8 million, and Adjusted diluted EPS rose to $0.48 from $0.34. Free cash flow was negative $66.2 million and net cash used in operating activities was $40.9 million. Net debt was $394.1 million, with a Net Debt Leverage Ratio of 2.03x.
The company repurchased 0.4 million shares year-to-date, has bought back 7.9 million shares since 2022 (14.1% of March 31, 2022 shares), and declared a $0.10 quarterly dividend payable September 4, 2026. Management reaffirmed 2026 guidance, including a 1% to 5% decline in Adjusted annual net sales change, Adjusted EBITDA of $175 million to $215 million, free cash flow of $40 million to $60 million and year-end leverage around 1.5x, and highlighted investments in packaging capacity and expanded client relationships.
Quad/Graphics, Inc. reported the results of its 2026 annual meeting of shareholders. Shareholders elected all nine director nominees, each receiving between about 92% and 95% of votes cast, confirming the existing board slate for a one-year term ending at the 2027 annual meeting.
As of the March 18, 2026 record date, 37,588,767 class A shares and 13,261,983 class B shares were outstanding, with class B carrying 132,619,830 aggregate votes. Approximately 90.0% of all votes were represented in person or by proxy, indicating strong shareholder participation.
Shareholders also approved, on an advisory basis, the compensation of the company’s named executive officers, with 150,061,993 votes for and 2,987,029 against, representing 98.05% support of votes counted on this proposal.
Quad/Graphics reported first-quarter 2026 results that were in line with its expectations and kept full-year guidance unchanged. Net sales were $581 million, down 7.7% from $629.4 million a year earlier, mainly from lower print and agency volumes and the prior divestiture of European operations.
Net earnings were $6.2 million, or $0.13 diluted EPS, up from $5.8 million, or $0.11 diluted EPS, helped by lower SG&A, interest, and depreciation and better manufacturing productivity. Adjusted EBITDA was $44.7 million versus $45.5 million, while adjusted diluted EPS rose to $0.25 from $0.20.
Free Cash Flow was negative $107.0 million compared with negative $100.3 million, reflecting higher inventories and capital spending; management notes cash flow is typically weighted to the fourth quarter. Net Debt increased to $427.4 million at March 31, 2026, compared with $307.9 million at year-end 2025, pushing the Net Debt Leverage Ratio to 2.19x. The company returned $7 million to shareholders through $6 million of dividends and $1 million of buybacks, declared a $0.10 per share dividend payable June 5, 2026, and reaffirmed 2026 guidance, including a 1%–5% adjusted net sales decline, $175–$215 million of adjusted EBITDA, $40–$60 million of Free Cash Flow, $55–$65 million of capital expenditures, and a year-end Net Debt Leverage Ratio around 1.5x.
Quad/Graphics reported a return to profitability in 2025 while revenue continued to decline. Net sales were $2.4 billion, down 9.4% from 2024, mainly from lower paper, print and logistics volumes and the divestiture of European operations. Net earnings improved to $27 million, or $0.54 diluted EPS, from a net loss of $50.9 million, helped by lower restructuring, SG&A, depreciation and interest, plus better manufacturing productivity.
Profitability on an adjusted basis softened but cash generation stayed solid. Adjusted EBITDA was $196.2 million versus $224.0 million in 2024, and Free Cash Flow was $50.7 million versus $55.7 million. Net debt fell to $307.9 million with a Net Debt Leverage Ratio of 1.57x. The company generated $22 million of shareholder returns via dividends and buybacks.
Management raised capital returns and issued 2026 guidance that still assumes modest top-line pressure. The quarterly dividend was increased 33% to $0.10 per share, or $0.40 annually. For 2026, Quad guides to an adjusted net sales decline of 1% to 5%, Adjusted EBITDA of $175 million to $215 million, Free Cash Flow of $40 million to $60 million, capital expenditures of $55 million to $65 million, and year-end Net Debt Leverage of about 1.5x, consistent with its long-term target range.
Quad/Graphics, Inc. has promoted Dave Honan to President while he continues serving as Chief Operating Officer. Joel Quadracci, who has long served as President and CEO and later Chairman, President and CEO, will remain Chairman and CEO focused on long-term strategy and stakeholder relationships.
In connection with his appointment, Honan will receive a restricted stock grant on March 1 with a grant-date fair value of $250,000, vesting in full on the third anniversary of the grant date. As President and COO, he will oversee day-to-day operations across Quad’s business units and continue reporting directly to Quadracci.
Quad/Graphics, Inc. filed a Form 8-K to report that it released financial results for its third quarter ended September 30, 2025. On October 28, 2025, the company issued a press release covering these Q3 2025 results, which is furnished as Exhibit 99.1 and incorporated by reference. The report is primarily a notice directing investors to that press release for detailed financial information.