Quad/Graphics annual gross margin
2009
2010
2011
2012
2013
2014
2015
2016
2017
2018
2019
2020
2021
2022
2023
2024
2025
Quad/Graphics Gross Margin Growth & History (QUAD)
Quad/Graphics's gross margin was 21.62% for fiscal 2025.
View full Quad/Graphics company overviewQuad/Graphics annual gross margin history
| Fiscal year | Period ended | Gross margin | Change (percentage points) |
|---|---|---|---|
| 2025 | 2025-12-31 | 21.62% | −0.08 pp |
| 2024 | 2024-12-31 | 21.70% | +2.21 pp |
| 2023 | 2023-12-31 | 19.49% | +0.90 pp |
| 2022 | 2022-12-31 | 18.59% | −0.68 pp |
| 2021 | 2021-12-31 | 19.27% | −1.03 pp |
| 2020 | 2020-12-31 | 20.30% | +1.67 pp |
| 2019 | 2019-12-31 | 18.64% | −0.54 pp |
| 2018 | 2018-12-31 | 19.18% | −2.58 pp |
| 2017 | 2017-12-31 | 21.76% | +0.17 pp |
| 2016 | 2016-12-31 | 21.59% | +1.65 pp |
| 2015 | 2015-12-31 | 19.94% | −0.37 pp |
| 2014 | 2014-12-31 | 20.31% | −0.41 pp |
| 2013 | 2013-12-31 | 20.73% | −1.51 pp |
| 2012 | 2012-12-31 | 22.24% | −1.40 pp |
| 2011 | 2011-12-31 | 23.64% | −0.82 pp |
| 2010 | 2010-12-31 | 24.47% | −4.29 pp |
| 2009 | 2009-12-31 | 28.76% | — |
Quad/Graphics quarterly gross margin
Q2.10
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Q1.11
Q2.11
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Q1.17
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Q2.24
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Q1.25
Q2.25
Q3.25
Q4.25
Q1.26
Q2.26
| Fiscal quarter | Period ended | Gross margin | Change (percentage points) |
|---|---|---|---|
| Q2 2026 | 2026-06-30 | 21.02% | −0.63 pp |
| Q1 2026 | 2026-03-31 | 21.15% | +0.59 pp |
| Q4 2025 | 2025-12-31 | 21.60% | −0.85 pp |
| Q3 2025 | 2025-09-30 | 22.77% | +0.96 pp |
| Q2 2025 | 2025-06-30 | 21.65% | −0.48 pp |
| Q1 2025 | 2025-03-31 | 20.56% | +0.17 pp |
| Q4 2024 | 2024-12-31 | 22.44% | +2.80 pp |
| Q3 2024 | 2024-09-30 | 21.81% | +1.91 pp |
| Q2 2024 | 2024-06-30 | 22.12% | +3.16 pp |
| Q1 2024 | 2024-03-31 | 20.39% | +0.95 pp |
| Q4 2023 | 2023-12-31 | 19.65% | −0.42 pp |
| Q3 2023 | 2023-09-30 | 19.91% | +1.06 pp |
| Q2 2023 | 2023-06-30 | 18.96% | +0.53 pp |
| Q1 2023 | 2023-03-31 | 19.44% | +2.70 pp |
| Q4 2022 | 2022-12-31 | 20.06% | +2.18 pp |
| Q3 2022 | 2022-09-30 | 18.85% | +0.15 pp |
| Q2 2022 | 2022-06-30 | 18.42% | −1.71 pp |
| Q1 2022 | 2022-03-31 | 16.74% | −3.94 pp |
| Q4 2021 | 2021-12-31 | 17.88% | −1.14 pp |
| Q3 2021 | 2021-09-30 | 18.69% | −1.33 pp |
| Q2 2021 | 2021-06-30 | 20.13% | −1.01 pp |
| Q1 2021 | 2021-03-31 | 20.69% | −0.57 pp |
| Q4 2020 | 2020-12-31 | 19.02% | +0.14 pp |
| Q3 2020 | 2020-09-30 | 20.02% | +1.04 pp |
| Q2 2020 | 2020-06-30 | 21.15% | +2.45 pp |
| Q1 2020 | 2020-03-31 | 21.25% | +3.28 pp |
| Q4 2019 | 2019-12-31 | 18.88% | −0.94 pp |
| Q3 2019 | 2019-09-30 | 18.98% | −1.20 pp |
| Q2 2019 | 2019-06-30 | 18.70% | +0.10 pp |
| Q1 2019 | 2019-03-31 | 17.97% | −0.13 pp |
| Q4 2018 | 2018-12-31 | 19.82% | −2.90 pp |
| Q3 2018 | 2018-09-30 | 20.18% | −1.76 pp |
| Q2 2018 | 2018-06-30 | 18.59% | −1.99 pp |
| Q1 2018 | 2018-03-31 | 18.10% | −3.68 pp |
| Q4 2017 | 2017-12-31 | 22.72% | +1.62 pp |
| Q3 2017 | 2017-09-30 | 21.94% | +0.03 pp |
| Q2 2017 | 2017-06-30 | 20.58% | +0.11 pp |
| Q1 2017 | 2017-03-31 | 21.78% | −1.15 pp |
| Q4 2016 | 2016-12-31 | 21.10% | +0.07 pp |
| Q3 2016 | 2016-09-30 | 21.91% | +2.05 pp |
| Q2 2016 | 2016-06-30 | 20.47% | +1.38 pp |
| Q1 2016 | 2016-03-31 | 22.93% | +3.39 pp |
| Q4 2015 | 2015-12-31 | 21.03% | −1.01 pp |
| Q3 2015 | 2015-09-30 | 19.87% | −1.08 pp |
| Q2 2015 | 2015-06-30 | 19.08% | +0.33 pp |
| Q1 2015 | 2015-03-31 | 19.54% | +0.48 pp |
| Q4 2014 | 2014-12-31 | 22.04% | −0.30 pp |
| Q3 2014 | 2014-09-30 | 20.95% | −0.26 pp |
| Q2 2014 | 2014-06-30 | 18.75% | −0.78 pp |
| Q1 2014 | 2014-03-31 | 19.06% | −0.39 pp |
| Q4 2013 | 2013-12-31 | 22.34% | −0.55 pp |
| Q3 2013 | 2013-09-30 | 21.21% | −2.03 pp |
| Q2 2013 | 2013-06-30 | 19.54% | −1.17 pp |
| Q1 2013 | 2013-03-31 | 19.45% | −2.45 pp |
| Q4 2012 | 2012-12-31 | 22.89% | −1.31 pp |
| Q3 2012 | 2012-09-30 | 23.24% | −1.01 pp |
| Q2 2012 | 2012-06-30 | 20.70% | −1.87 pp |
| Q1 2012 | 2012-03-31 | 21.90% | −1.45 pp |
| Q4 2011 | 2011-12-31 | 24.20% | — |
| Q3 2011 | 2011-09-30 | 24.25% | +1.41 pp |
| Q2 2011 | 2011-06-30 | 22.57% | −4.08 pp |
| Q1 2011 | 2011-03-31 | 23.35% | — |
| Q3 2010 | 2010-09-30 | 22.84% | — |
| Q2 2010 | 2010-06-30 | 26.65% | — |
Quad/Graphics gross margin trends
Over the last five fiscal years, Quad/Graphics's gross margin increased from 20.30% to 21.62%, a change of +1.32 percentage points. The latest reported quarter, Q2 2026, shows 21.02%.
About the metric
What gross margin means
Gross margin measures the percentage of revenue remaining after the direct costs of producing goods or services. It helps show how efficiently a company turns sales into gross profit before operating expenses.
Calculation and source
How gross margin is calculated
TickerStat calculates gross margin as SEC-reported gross profit divided by SEC-reported revenue for the same fiscal period. Changes are shown in percentage points. Fiscal periods can differ from calendar years, so exact period-end dates are included.
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