Quad/Graphics annual operating expenses
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Quad/Graphics Operating Expenses Growth & History (QUAD)
Quad/Graphics's operating expenses was $2.32B for fiscal 2025.
View full Quad/Graphics company overviewQuad/Graphics annual operating expenses history
| Fiscal year | Period ended | Operating expenses | Change | Growth |
|---|---|---|---|---|
| 2025 | 2025-12-31 | $2.32B | −$330.1M | −12.44% |
| 2024 | 2024-12-31 | $2.65B | −$279.0M | −9.52% |
| 2023 | 2023-12-31 | $2.93B | −$231.5M | −7.32% |
| 2022 | 2022-12-31 | $3.16B | $295.9M | +10.32% |
| 2021 | 2021-12-31 | $2.87B | −$108.0M | −3.63% |
| 2020 | 2020-12-31 | $2.98B | −$913.1M | −23.48% |
| 2019 | 2019-12-31 | $3.89B | −$9.8M | −0.25% |
| 2018 | 2018-12-31 | $3.90B | $120.1M | +3.18% |
| 2017 | 2017-12-31 | $3.78B | −$433.8M | −10.30% |
| 2016 | 2016-12-31 | $4.21B | −$1.21B | −22.39% |
| 2015 | 2015-12-31 | $5.43B | $790.8M | +17.06% |
| 2014 | 2014-12-31 | $4.64B | −$17.4M | −0.37% |
| 2013 | 2013-12-31 | $4.65B | $666.2M | +16.71% |
| 2012 | 2012-12-31 | $3.99B | −$180.2M | −4.32% |
| 2011 | 2011-12-31 | $4.17B | $1.04B | +33.40% |
| 2010 | 2010-12-31 | $3.12B | $1.45B | +86.40% |
| 2009 | 2009-12-31 | $1.68B | — | — |
Quad/Graphics quarterly operating expenses
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Q2.26
| Fiscal quarter | Period ended | Operating expenses | Change | YoY change |
|---|---|---|---|---|
| Q2 2026 | 2026-06-30 | $96.8M | −$461.4M | −82.66% |
| Q1 2026 | 2026-03-31 | $563.3M | −$46.5M | −7.63% |
| Q4 2025 | 2025-12-31 | $593.3M | −$95.4M | −13.85% |
| Q3 2025 | 2025-09-30 | $561.6M | −$118.1M | −17.38% |
| Q2 2025 | 2025-06-30 | $558.2M | −$60.9M | −9.84% |
| Q1 2025 | 2025-03-31 | $609.8M | −$55.7M | −8.37% |
| Q4 2024 | 2024-12-31 | $688.7M | −$95.7M | −12.20% |
| Q3 2024 | 2024-09-30 | $679.7M | −$6.8M | −0.99% |
| Q2 2024 | 2024-06-30 | $619.1M | −$75.6M | −10.88% |
| Q1 2024 | 2024-03-31 | $665.5M | −$100.9M | −13.17% |
| Q4 2023 | 2023-12-31 | $784.4M | −$92.1M | −10.51% |
| Q3 2023 | 2023-09-30 | $686.5M | −$118.2M | −14.69% |
| Q2 2023 | 2023-06-30 | $694.7M | −$48.8M | −6.56% |
| Q1 2023 | 2023-03-31 | $766.4M | $27.6M | +3.74% |
| Q4 2022 | 2022-12-31 | $876.5M | $17.7M | +2.06% |
| Q3 2022 | 2022-09-30 | $804.7M | $126.6M | +18.67% |
| Q2 2022 | 2022-06-30 | $743.5M | $97.6M | +15.11% |
| Q1 2022 | 2022-03-31 | $738.8M | $54.0M | +7.89% |
| Q4 2021 | 2021-12-31 | $858.8M | −$39.0M | −4.34% |
| Q3 2021 | 2021-09-30 | $678.1M | $5.1M | +0.76% |
| Q2 2021 | 2021-06-30 | $645.9M | $58.6M | +9.98% |
| Q1 2021 | 2021-03-31 | $684.8M | −$132.7M | −16.23% |
| Q4 2020 | 2020-12-31 | $897.8M | −$143.1M | −13.75% |
| Q3 2020 | 2020-09-30 | $673.0M | −$300.0M | −30.83% |
| Q2 2020 | 2020-06-30 | $587.3M | −$342.9M | −36.86% |
| Q1 2020 | 2020-03-31 | $817.5M | −$127.1M | −13.46% |
| Q4 2019 | 2019-12-31 | $1.04B | $23.9M | +2.35% |
| Q3 2019 | 2019-09-30 | $973.0M | $46.5M | +5.02% |
| Q2 2019 | 2019-06-30 | $930.2M | −$64.4M | −6.47% |
| Q1 2019 | 2019-03-31 | $944.6M | −$15.8M | −1.65% |
| Q4 2018 | 2018-12-31 | $1.02B | $77.9M | +8.30% |
| Q3 2018 | 2018-09-30 | $926.5M | −$32.1M | −3.35% |
| Q2 2018 | 2018-06-30 | $994.6M | $61.5M | +6.59% |
| Q1 2018 | 2018-03-31 | $960.4M | $12.8M | +1.35% |
| Q4 2017 | 2017-12-31 | $939.1M | −$202.0M | −17.70% |
| Q3 2017 | 2017-09-30 | $958.6M | −$64.0M | −6.26% |
| Q2 2017 | 2017-06-30 | $933.1M | −$85.9M | −8.43% |
| Q1 2017 | 2017-03-31 | $947.6M | −$81.9M | −7.96% |
| Q4 2016 | 2016-12-31 | $1.14B | −$192.8M | −14.45% |
| Q3 2016 | 2016-09-30 | $1.02B | −$885.0M | −46.39% |
| Q2 2016 | 2016-06-30 | $1.02B | −$66.8M | −6.15% |
| Q1 2016 | 2016-03-31 | $1.03B | −$70.3M | −6.39% |
| Q4 2015 | 2015-12-31 | $1.33B | $70.7M | +5.60% |
| Q3 2015 | 2015-09-30 | $1.91B | $724.8M | +61.28% |
| Q2 2015 | 2015-06-30 | $1.09B | −$12.7M | −1.16% |
| Q1 2015 | 2015-03-31 | $1.10B | $8.0M | +0.73% |
| Q4 2014 | 2014-12-31 | $1.26B | $17.5M | +1.40% |
| Q3 2014 | 2014-09-30 | $1.18B | $21.2M | +1.83% |
| Q2 2014 | 2014-06-30 | $1.10B | −$17.5M | −1.57% |
| Q1 2014 | 2014-03-31 | $1.09B | −$38.6M | −3.41% |
| Q4 2013 | 2013-12-31 | $1.25B | $170.3M | +15.84% |
| Q3 2013 | 2013-09-30 | $1.16B | $181.0M | +18.46% |
| Q2 2013 | 2013-06-30 | $1.12B | $172.2M | +18.25% |
| Q1 2013 | 2013-03-31 | $1.13B | $142.7M | +14.45% |
| Q4 2012 | 2012-12-31 | $1.08B | −$75.1M | −6.53% |
| Q3 2012 | 2012-09-30 | $980.6M | −$72.7M | −6.90% |
| Q2 2012 | 2012-06-30 | $943.8M | −$22.5M | −2.33% |
| Q1 2012 | 2012-03-31 | $987.7M | −$9.9M | −0.99% |
| Q4 2011 | 2011-12-31 | $1.15B | — | — |
| Q3 2011 | 2011-09-30 | $1.05B | −$78.2M | −6.91% |
| Q2 2011 | 2011-06-30 | $966.3M | $548.3M | +131.17% |
| Q1 2011 | 2011-03-31 | $997.6M | — | — |
| Q3 2010 | 2010-09-30 | $1.13B | — | — |
| Q2 2010 | 2010-06-30 | $418.0M | — | — |
Quad/Graphics operating expenses trends
Over the last five fiscal years, Quad/Graphics's operating expenses decreased from $2.98B to $2.32B, a change of −$652.7M. The latest reported quarter, Q2 2026, shows $96.8M.
About the metric
What operating expenses mean
Operating expenses are the recurring costs of running a company’s business beyond the direct costs used to calculate gross profit. They commonly include selling, general and administrative expenses, research and development, and other operating costs.
Calculation and source
SEC-reported and calculated operating expenses
TickerStat uses operating expenses reported in company SEC filings when available. When a separate total is unavailable, it calculates operating expenses as aligned gross profit minus operating income for the same fiscal period. Fiscal periods can differ from calendar years, so exact period-end dates are included.
Review Quad/Graphics source filings ↗