Quad/Graphics, Inc. (QUAD) Form 8-K — Oct 28, 2026
Quad/Graphics reported Q3 2026 net sales of $587 million, flat versus $588 million a year ago, with net earnings of $6 million ($0.11 diluted EPS) down from $10 million ($0.21) on higher restructuring, impairment and transaction charges of $19.2 million, including a $10.8 million credit loss on a note receivable. Adjusted metrics improved: Adjusted Diluted EPS rose 13% to $0.35 from $0.31, and the company improved the midpoint of its full-year net sales guidance while narrowing Adjusted EBITDA ($185-195M) and Free Cash Flow ($45-55M) ranges.
Key figures
- Eps
- 0.11
- Revenue
- 586700000
- Guidance
- FY2026 Adjusted Annual Net Sales Change improved to -1% to -3% (from -1% to -5%); Adjusted EBITDA narrowed to $185-195M; Free Cash Flow narrowed to $45-55M; CapEx approximately $55M; year-end Net Debt Leverage Ratio approximately 1.5x
- Net Income
- 5500000
- Total Debt
- 444300000
- Revenue Yoy
- -0.2% Q3 YoY; -2% YTD YoY
- Cash Position
- 22800000
- Net debt
- 421500000
- Adjusted ebitda q3
- 51100000
- Adjusted ebitda ytd
- 137800000
- Capital returned ytd
- $23 million ($15M dividends, $8M buybacks)
- Q3 dividend per share
- 0.1
- Shares repurchased ytd
- 1.0 million
- Adjusted diluted eps q3
- 0.35
- Net debt leverage ratio
- 2.19
- Adjusted diluted eps ytd
- 0.84
- Restructuring charges q3
- 19200000
- Adjusted diluted eps q3 prior
- 0.31
AI analysis
Red flags5 · Pro
The rest of the AI analysis, red flags and sentiment are part of Signal8 Pro.
AI-generated analysis of a public disclosure. Not investment advice; verify against the original document.