Quarterly ResultApr 28, 2026, 04:52 PM
QUAD Q1 Net Sales $581M, -7.7%; Adj. EPS $0.25; Reaffirms FY26 Guidance
AI Summary
Quad/Graphics, Inc. reported first quarter 2026 financial results, with Net Sales of $581 million, a 7.7% decline year-over-year, or 4.3% excluding a divestiture. Net Earnings remained flat at $6 million, while Adjusted EBITDA decreased slightly to $45 million. Adjusted Diluted EPS increased by 25% to $0.25. The company reaffirmed its full-year 2026 financial guidance and declared a quarterly dividend of $0.10 per share.
Key Highlights
- Q1 2026 Net Sales were $581 million, a 7.7% decrease YoY (4.3% excluding divestiture).
- Q1 2026 Net Earnings were $6 million ($0.13 Diluted EPS), flat compared to Q1 2025.
- Q1 2026 Adjusted EBITDA was $45 million, a slight decrease from $46 million in Q1 2025.
- Q1 2026 Adjusted Diluted EPS increased 25% to $0.25 from $0.20 in Q1 2025.
- Repurchased $1 million of shares in Q1 2026; declared a quarterly dividend of $0.10 per share.
- Reaffirmed full-year 2026 guidance for Net Sales decline (1-5%), Adjusted EBITDA ($175M-$215M), and Free Cash Flow ($40M-$60M).
- Net Debt was $427 million at March 31, 2026, up from $308 million at December 31, 2025.