---
schema_version: "secwatch.filing_event.v1"
accession: "0001481792-25-000034"
form_type: "8-K"
ticker: "QUAD"
cik: "0001481792"
company_name: "Quad/Graphics, Inc."
filed_at: "2025-07-29T23:59:59+00:00"
generated_at: "2026-05-17T23:38:24.505504+00:00"
event_type: "earnings"
sentiment: "neutral"
materiality_score: 0.55
calibrated_materiality_score: 0.55
confidence: "high"
source: SEC EDGAR
---

# Quad/Graphics Q2 net sales $572M (-10% YoY); reaffirms FY2025 EBITDA guidance $180-220M

## Summary
- Net sales $572M (-10% YoY, -4% ex-Europe divestiture); net loss $0.1M ($0.00 per share).
- Adjusted EBITDA $43M (down from $52M Q2 2024); adjusted EPS $0.14 (up from $0.12).
- FY2025 guidance reaffirmed: Adj. EBITDA $180-220M, FCF $40-60M, debt leverage ~1.5x.
- Quarterly dividend $0.075/share payable Sept 5, 2025; repurchased 1.4M shares YTD.
- Launched Audience Builder 2.0; new In-Store Connect partnership with Vallarta Supermarkets.

## SEC filing metadata
- accession: 0001481792-25-000034
- form_type: 8-K
- ticker: QUAD
- cik: 0001481792
- company_name: Quad/Graphics, Inc.
- filed_at: 2025-07-29T23:59:59+00:00
- event_type: earnings
- sentiment: neutral
- materiality_score: 0.55
- calibrated_materiality_score: 0.55
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1481792/000148179225000034/0001481792-25-000034-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1481792/000148179225000034/quad-20250729.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001481792-25-000034
- JSON: https://secwatch.observer/filing/0001481792-25-000034.json
- Plain text: https://secwatch.observer/filing/0001481792-25-000034.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.