Quad/Graphics reported second-quarter 2026 results with Net Sales of $578 million and Net Earnings of $3.7 million (Diluted EPS $0.07). Adjusted EBITDA for the quarter was $42.0 million and Adjusted Diluted EPS was $0.24. The company reaffirmed full-year 2026 guidance and declared a quarterly dividend of $0.10 per share.
Financial Highlights
- Revenue (Net Sales): $577.5 million for the three months ended June 30, 2026 (up 1% vs. Q2 2025 $571.9 million).
- Gross profit detail not separately presented; Cost of sales was $456.1 million for Q2 2026 (no explicit gross margin reported).
- Operating income: $14.9 million for Q2 2026.
- Net earnings: $3.7 million for Q2 2026; diluted earnings per share $0.07.
- Adjusted EBITDA: $42.0 million for Q2 2026; Adjusted Diluted Earnings Per Share: $0.24 for Q2 2026.
Business Highlights
- Revenue mix shift: year-over-year Net Sales growth in Q2 driven primarily by higher paper sales and higher logistics sales; year-to-date Net Sales down 4% (2% excluding divested European operations).
- Packaging footprint expansion with a new 100,000 sq. ft. facility planned in Salt Lake City, Utah, expected operational in Q4 2026 to extend national manufacturing reach.
- Agency momentum: Rise media agency recognized in Forrester’s “The Media Management Services Landscape, Q2 2026.”
- New client engagement: Rise named strategic media AOR for Wakefern Food Corp.; In-Store Connect to deploy across 30 ShopRite locations later in 2026.
- Capital return and balance sheet actions: repurchased 0.4 million shares in 2026 (7.9 million total since 2022) and declared quarterly dividend of $0.10 per share; Net Debt $394.1 million at June 30, 2026.
Original SEC Filing:
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