Quad (QUAD) Operating Expenses (2016 - 2026)
Quarterly results put Operating Expenses at $563.3 million for Q1 2026, down 7.63% from a year ago — trailing twelve months through Mar 2026 was $2.3 billion (down 12.36% YoY), and the annual figure for FY2025 was $2.3 billion, down 12.44%.
Quad has reported Operating Expenses over the past 17 years, most recently at $563.3 million for Q1 2026.
- Operating Expenses reached $563.3 million in Q1 2026 per QUAD's latest filing, down from $593.3 million in the prior quarter.
- Across five years, Operating Expenses topped out at $876.5 million in Q4 2022 and bottomed at $558.2 million in Q2 2025.
- Median Operating Expenses over the past 5 years was $686.5 million (2023), compared with a mean of $684.4 million.
- The largest annual shift saw Operating Expenses increased 18.67% in 2022 before it decreased 17.38% in 2025.
- Over 5 years, Operating Expenses stood at $876.5 million in 2022, then dropped by 10.51% to $784.4 million in 2023, then fell by 12.2% to $688.7 million in 2024, then fell by 13.85% to $593.3 million in 2025, then fell by 5.06% to $563.3 million in 2026.
- Business Quant data shows Operating Expenses for QUAD at $563.3 million in Q1 2026, $593.3 million in Q4 2025, and $561.6 million in Q3 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Opex (Qtr) |
|---|---|---|---|---|---|
| 1 | Relx | 81.40 Bn | 81.16 Bn | - | - |
| 2 | Rentokil Initial | 79.56 Bn | 78.10 Bn | - | 6.06 Bn |
| 3 | Cintas | 69.26 Bn | 69.08 Bn | 1.45 Bn | 788.55 Mn |
| 4 | Copart | 33.09 Bn | 28.01 Bn | 971.24 Mn | 732.96 Mn |
| 5 | UL Solutions | 20.56 Bn | 20.32 Bn | 381.00 Mn | 243.00 Mn |
| 6 | Global Payments | 19.88 Bn | 14.69 Bn | 1.70 Bn | 2.99 Bn |
| 7 | Rb Global | 19.08 Bn | 18.89 Bn | 869.50 Mn | 1.02 Bn |
| 8 | Aramark | 13.57 Bn | 13.16 Bn | 426.35 Mn | 4.69 Bn |
| 9 | Amentum Holdings | 5.65 Bn | 5.74 Bn | 345.00 Mn | 124.00 Mn |
| 10 | Quad | 342.96 Mn | 335.96 Mn | 122.90 Mn | 563.30 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 563.30 Mn |
| Dec 31, 2025 | 593.30 Mn |
| Sep 30, 2025 | 561.60 Mn |
| Jun 30, 2025 | 558.20 Mn |
| Mar 31, 2025 | 609.80 Mn |
| Dec 31, 2024 | 688.70 Mn |
| Sep 30, 2024 | 679.70 Mn |
| Jun 30, 2024 | 619.10 Mn |
| Mar 31, 2024 | 665.50 Mn |
| Dec 31, 2023 | 784.40 Mn |
| Sep 30, 2023 | 686.50 Mn |
| Jun 30, 2023 | 694.70 Mn |
| Mar 31, 2023 | 766.40 Mn |
| Dec 31, 2022 | 876.50 Mn |
| Sep 30, 2022 | 804.70 Mn |
| Jun 30, 2022 | 743.50 Mn |
| Mar 31, 2022 | 738.80 Mn |
| Dec 31, 2021 | 858.80 Mn |
| Sep 30, 2021 | 678.10 Mn |
| Jun 30, 2021 | 645.90 Mn |
| Mar 31, 2021 | 684.80 Mn |
| Dec 31, 2020 | 897.80 Mn |
| Sep 30, 2020 | 673.00 Mn |
| Jun 30, 2020 | 587.30 Mn |
| Mar 31, 2020 | 817.50 Mn |
| Dec 31, 2019 | 1.04 Bn |
| Sep 30, 2019 | 973.00 Mn |
| Jun 30, 2019 | 930.20 Mn |
| Mar 31, 2019 | 944.60 Mn |
| Dec 31, 2018 | 1.12 Bn |
| Sep 30, 2018 | 926.50 Mn |
| Jun 30, 2018 | 994.60 Mn |
| Mar 31, 2018 | 960.40 Mn |
| Dec 31, 2017 | 939.10 Mn |
| Sep 30, 2017 | 958.60 Mn |
| Jun 30, 2017 | 933.10 Mn |
| Mar 31, 2017 | 947.60 Mn |
| Dec 31, 2016 | 1.14 Bn |
| Sep 30, 2016 | 1.02 Bn |
| Jun 30, 2016 | 1.02 Bn |