---
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"
generated_at: "2026-05-16T02:23:56.222506+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# Quad/Graphics Q4 and FY 2025: EPS swing to profit, dividend up 33%, 2026 guidance issued

## Summary
- 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.

## SEC filing metadata
- 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
- event_type: earnings
- sentiment: positive
- materiality_score: 0.75
- calibrated_materiality_score: 0.75
- confidence: high
- sec_items: 2.02, 9.01
- 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

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001481792-26-000039
- JSON: https://secwatch.observer/filing/0001481792-26-000039.json
- Plain text: https://secwatch.observer/filing/0001481792-26-000039.txt

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