QUAD — Quad/Graphics Income Statement

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Annual income statement for Quad/Graphics, fiscal year end - December 31st, USD millions except per share, conversion factor applied.

	2021 December 31st	2022 December 31st	2023 December 31st	2024 December 31st	2025 December 31st
Period Length:	12 M	12 M	12 M	12 M	12 M
Source:	10-K	10-K	10-K	10-K	10-K
Standards:	USG	USG	USG	USG	USG
Status:	Final	Final	Final	Final	Final
Revenue
Total Revenue	2,960	3,217	2,958	2,672	2,420
Cost of Revenue
Gross Profit	571	598	577	580	523
Selling / General / Administrative Expenses
Depreciation and Amortization
Unusual Expense / Income
Total Operating Expenses	2,868	3,164	2,932	2,653	2,323
Operating Profit	92.1	53.5	25.7	19.2	97
Total Net Non Operating Interest Income / Expense
Other Net Non Operating Costs
Net Income Before Taxes	47	17.7	-42.6	-44.5	32.5
Provision for Income Taxes
Net Income After Taxes	37.5	9.3	-55.4	-50.9	27
Minority Interest
Equity in Affiliates
Net Income Before Extraordinary Items
Extraordinary Items
Net Income	37.8	9.3	-55.4	-50.9	27
Income Available to Common Shareholders Excluding Extraordinary Items
Income Available to Common Shareholders Including Extraordinary Items
Diluted Net Income	37.8	9.3	-55.4	-50.9	27
Diluted Weighted Average Shares
Basic EPS Including Extraordinary Items
Diluted EPS Including Extraordinary Items
Diluted EPS Excluding Extraordinary Items
Normalised Income Before Taxes
Normalised Income After Taxes
Normalised Income Available to Common Shareholders
Diluted Normalised EPS	0.639	0.625	-0.104	0.317	0.904
Dividends per Share