Quad (QUAD) Cost of Revenue (2010 - 2026)
Quad (QUAD) recorded Cost of Revenue of $458.9 million in Q3 2026, up 1.1% from $454.1 million a year earlier and up 0.6% from the prior quarter.
Quad (QUAD) Cost of Revenue (2010 - 2026) Analysis & Trends
On a TTM basis, Quad's Cost of Revenue came in at $1.87 billion as of Sep 30, 2026, down 4.3% year-over-year; for FY2025, it was $1.9 billion, down 9.3% from FY2024.
- Annual Cost of Revenue has declined for three straight years, with a five-year compound annual growth rate of -4.1% (FY2020 to FY2025).
- Across earlier years, Cost of Revenue came in at $2.09 billion in FY2024 (-12.1%), $2.38 billion in FY2023 (-9.1%), $2.62 billion in FY2022 (+9.6%) and $2.39 billion in FY2021 (+2.4%).
- Quarterly Cost of Revenue has ranged from $448.1 million in Q2 2025 to $707.6 million in Q4 2022 over the past five years.
- On a year-over-year basis, Cost of Revenue rose in two of the last eight quarters, with an average decline of 7.0%.
- Peak year-over-year performance for Cost of Revenue in the last five years was growth of 17.3% in Q3 2022, against a decline of 16.7% in Q3 2023 at the low end.
- Per Business Quant, the preceding three quarters came in at $456.1 million (Q2 2026), $458.1 million (Q1 2026) and $494.4 million (Q4 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Cost of Rev (Qtr) |
|---|---|---|---|---|---|
| 1 | Fox | 28.62 Bn | 14.26 Bn | - | - |
| 2 | Omnicom | 24.31 Bn | 6.01 Bn | 1.36 Bn | 5.06 Bn |
| 3 | News | 14.78 Bn | 6.26 Bn | - | - |
| 4 | New York Times | 11.62 Bn | 9.04 Bn | 395.07 Mn | 373.47 Mn |
| 5 | Pearson | 11.19 Bn | 8.30 Bn | - | - |
| 6 | Sirius Xm Holdings | 11.05 Bn | 10.49 Bn | 1.43 Bn | 726.00 Mn |
| 7 | Skydance | 9.62 Bn | 9.62 Bn | - | - |
| 8 | Nexstar Media | 6.22 Bn | 4.84 Bn | 1.20 Bn | 936.00 Mn |
| 9 | Wpp | 5.99 Bn | -6.05 Bn | - | - |
| 10 | Quad | 359.97 Mn | 259.47 Mn | 127.80 Mn | 458.90 Mn |
Historic Data
| Date | Value |
|---|---|
| Sep 30, 2026 | 458.90 Mn |
| Jun 30, 2026 | 456.10 Mn |
| Mar 31, 2026 | 458.10 Mn |
| Dec 31, 2025 | 494.40 Mn |
| Sep 30, 2025 | 454.10 Mn |
| Jun 30, 2025 | 448.10 Mn |
| Mar 31, 2025 | 500.00 Mn |
| Dec 31, 2024 | 549.40 Mn |
| Sep 30, 2024 | 527.60 Mn |
| Jun 30, 2024 | 493.90 Mn |
| Mar 31, 2024 | 521.30 Mn |
| Dec 31, 2023 | 633.10 Mn |
| Sep 30, 2023 | 560.80 Mn |
| Jun 30, 2023 | 569.80 Mn |
| Mar 31, 2023 | 617.50 Mn |
| Dec 31, 2022 | 707.60 Mn |
| Sep 30, 2022 | 673.50 Mn |
| Jun 30, 2022 | 618.10 Mn |
| Mar 31, 2022 | 619.60 Mn |
| Dec 31, 2021 | 701.80 Mn |
Quad Cost of Revenue API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=cost-of-revenue&ticker=QUAD&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "cost-of-revenue", "ticker": "QUAD", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()
const res = await fetch("https://data.businessquant.com/historic?slug=cost-of-revenue&ticker=QUAD&period=max&api_key=YOUR_API_KEY");
const data = await res.json();