Quad/Graphics, Inc. (QUAD) quarterly income statement — complete revenue, gross profit & net income history
| Sales/Revenue | 581M | 630.6M | 588M | 571.9M | 629.4M | 708.4M | 674.8M | 634.2M | 654.8M | 787.9M | 700.2M | 703.1M |
| Revenue Growth % | -7.69% | -10.98% | -12.86% | -9.82% | -3.88% | -10.09% | -3.63% | -9.8% | -14.57% | -10.99% | -15.63% | -7.21% |
| Cost of Goods Sold | 476.5M | 513.3M | 473.4M | 468.8M | 519.7M | 572.5M | 552M | 520.3M | 549.9M | 664.2M | 592.8M | 601.8M |
| COGS % of Revenue | 82.01% | 81.4% | 80.51% | 81.97% | 82.57% | 80.82% | 81.8% | 82.04% | 83.98% | 84.3% | 84.66% | 85.59% |
| Gross Profit | 104.5M | 117.3M | 114.6M | 103.1M | 109.7M | 135.9M | 122.8M | 113.9M | 104.9M | 123.7M | 107.4M | 101.3M |
| Gross Margin % | 17.99% | 18.6% | 19.49% | 18.03% | 17.43% | 19.18% | 18.2% | 17.96% | 16.02% | 15.7% | 15.34% | 14.41% |
| Gross Profit Growth % | -4.74% | -13.69% | -6.68% | -9.48% | 4.58% | 9.86% | 14.34% | 12.44% | -9.02% | -13.44% | -11.68% | -2.88% |
| Operating Expenses | 78.4M | 81.3M | 80.9M | 80.2M | 83.5M | 96.6M | 88.4M | 88.7M | 83.1M | 89.5M | 82.5M | 83.3M |
| OpEx % of Revenue | 13.49% | 12.89% | 13.76% | 14.02% | 13.27% | 13.64% | 13.1% | 13.99% | 12.69% | 11.36% | 11.78% | 11.85% |
| Selling, General & Admin | 78.4M | 81.3M | 80.9M | 80.2M | 83.5M | 96.6M | 88.4M | 88.7M | 83.1M | 89.5M | 82.5M | 83.3M |
| SG&A % of Revenue | 13.49% | 12.89% | 13.76% | 14.02% | 13.27% | 13.64% | 13.1% | 13.99% | 12.69% | 11.36% | 11.78% | 11.85% |
| Research & Development | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| R&D % of Revenue | - | - | - | - | - | - | - | - | - | - | - | - |
| Other Operating Expenses | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Operating Income | 26.1M | 36M | 33.7M | 22.9M | 26.2M | 39.3M | 34.4M | 25.2M | 21.8M | 34.2M | 24.9M | 18M |
| Operating Margin % | 4.49% | 5.71% | 5.73% | 4% | 4.16% | 5.55% | 5.1% | 3.97% | 3.33% | 4.34% | 3.56% | 2.56% |
| Operating Income Growth % | -0.38% | -8.4% | -2.03% | -9.13% | 20.18% | 14.91% | 38.15% | 40% | -16.48% | -16.79% | -19.16% | 3.45% |
| EBITDA | 44.5M | 54.9M | 53M | 43.6M | 45.9M | 62.4M | 58.8M | 51.6M | 50.4M | 65.3M | 56.9M | 50M |
| EBITDA Margin % | 7.66% | 8.71% | 9.01% | 7.62% | 7.29% | 8.81% | 8.71% | 8.14% | 7.7% | 8.29% | 8.13% | 7.11% |
| EBITDA Growth % | -3.05% | -12.02% | -9.86% | -15.5% | -8.93% | -4.44% | 3.34% | 3.2% | -15.72% | -13.85% | -13.26% | -5.12% |
| D&A (Non-Cash Add-back) | 18.4M | 18.9M | 19.3M | 20.7M | 19.7M | 23.1M | 24.4M | 26.4M | 28.6M | 31.1M | 32M | 32M |
| EBIT | 26.1M | 36M | 26M | 13.4M | 19.2M | 19.9M | -4.7M | 15.3M | -10.5M | 2.2M | 12.7M | 8.8M |
| Net Interest Income | -10M | -12.1M | -12.8M | -13.2M | -12.4M | -15.1M | -17M | -17.2M | -15.2M | -19M | -17.7M | -17M |
| Interest Income | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Interest Expense | 10M | 12.1M | 12.8M | 13.2M | 12.4M | 15.1M | 17M | 17.2M | 15.2M | 19M | 17.7M | 17M |
| Other Income/Expense | -18.2M | -23.7M | -20.5M | -22.7M | -19.4M | -34.5M | -56.1M | -27.1M | -47.5M | -49.3M | -28.4M | -26.2M |
| Pretax Income | 7.9M | 12.3M | 13.2M | 200K | 6.8M | 4.8M | -21.7M | -1.9M | -25.7M | -15.1M | -3.5M | -8.2M |
| Pretax Margin % | 1.36% | 1.95% | 2.24% | 0.03% | 1.08% | 0.68% | -3.22% | -0.3% | -3.92% | -1.92% | -0.5% | -1.17% |
| Income Tax | 1.7M | 1.2M | 3M | 300K | 1M | 100K | 3M | 900K | 2.4M | 6.9M | -800K | -2.1M |
| Effective Tax Rate % | 21.52% | 9.76% | 22.73% | 150% | 14.71% | 2.08% | -13.82% | -47.37% | -9.34% | -45.7% | 22.86% | 25.61% |
| Net Income | 6.2M | 11.1M | 10.2M | -100K | 5.8M | 4.7M | -24.7M | -2.8M | -28.1M | -22M | -2.7M | -6.1M |
| Net Margin % | 1.07% | 1.76% | 1.73% | -0.02% | 0.92% | 0.66% | -3.66% | -0.44% | -4.29% | -2.79% | -0.39% | -0.87% |
| Net Income Growth % | 6.9% | 136.17% | 141.3% | 96.43% | 120.64% | 121.36% | -814.81% | 54.1% | -14.23% | -152.87% | -119.71% | -215.09% |
| Net Income (Continuing) | 6.2M | 11.1M | 10.2M | -100K | 5.8M | 4.7M | -24.7M | -2.8M | -28.1M | -22M | -2.7M | -6.1M |
| Discontinued Operations | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Minority Interest | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| EPS (Diluted) | 0.13 | 0.22 | 0.21 | -0.00 | 0.11 | 0.09 | -0.52 | -0.06 | -0.60 | -0.47 | -0.06 | -0.12 |
| EPS Growth % | 18.18% | 139.65% | 140.38% | 96.42% | 118.33% | 119.53% | -825.27% | 51.08% | -20% | -161.11% | -120.81% | -222.45% |
| EPS (Basic) | 0.13 | 0.23 | 0.21 | -0.00 | 0.12 | 0.10 | -0.52 | -0.06 | -0.60 | -0.47 | -0.06 | -0.12 |
| Diluted Shares Outstanding | 49.6M | 49.9M | 49.7M | 47.6M | 50.7M | 51.2M | 47.8M | 47.7M | 47.2M | 47.2M | 48M | 49.3M |
| Basic Shares Outstanding | 47.7M | 47.5M | 47.5M | 47.6M | 48M | 47.6M | 47.8M | 47.7M | 47.2M | 47.2M | 48M | 49.3M |
| Dividend Payout Ratio | 88.71% | 31.53% | 34.31% | - | 60.34% | 51.06% | - | - | - | - | - | - |