{"schema_version":"secwatch.filing_event.v1","accession":"0001481792-26-000039","form_type":"8-K","ticker":"QUAD","cik":"0001481792","company_name":"Quad/Graphics, Inc.","filed_at":"2026-02-17T23:59:59+00:00","discovered_at":"2026-05-14T18:02:35.173043+00:00","generated_at":"2026-05-16T02:23:56.222506+00:00","sec_items":["2.02","9.01"],"event_type":"earnings","sentiment":"positive","materiality_score":0.75,"calibrated_materiality_score":0.75,"confidence":"high","headline":"Quad/Graphics Q4 and FY 2025: EPS swing to profit, dividend up 33%, 2026 guidance issued","bullets":["Full-year 2025 Net Earnings $27M ($0.54 diluted EPS) vs Net Loss $51M in 2024; Q4 EPS $0.22 vs $0.09.","Net Sales $2.4B in 2025, down 9.4% (4.8% ex-European divestiture); Q4 sales $631M, down 11%.","Adjusted EBITDA $196M in 2025 vs $224M in 2024; Free Cash Flow $51M; Net Debt reduced to $308M.","Dividend increased 33% to $0.10 quarterly ($0.40 annual), payable March 13, 2026 to record Feb 27.","2026 guidance: Net Sales decline 1-5%, Adjusted EBITDA $175-215M, Free Cash Flow $40-60M."],"urls":{"canonical":"https://secwatch.observer/filing/0001481792-26-000039","json":"https://secwatch.observer/filing/0001481792-26-000039.json","markdown":"https://secwatch.observer/filing/0001481792-26-000039.md","text":"https://secwatch.observer/filing/0001481792-26-000039.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1481792/000148179226000039/0001481792-26-000039-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1481792/000148179226000039/quad-20260217.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-05-16T02:23:56.222506+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}