Quad (QUAD) Operating Expenses (2010 - 2026)
Quad's (QUAD) quarterly Operating Expenses came in at $562.6 million in Q2 2026, up 0.79% year-over-year from $558.2 million in Q2 2025, and little changed quarter-over-quarter from $563.3 million in Q1 2026.
Analysis
Quad (QUAD) Operating Expenses (2010 - 2026) Analysis & Trends
Quad has disclosed Operating Expenses across 17 years of filings, most recently posting $562.6 million for Q2 2026.
- In Q2 2026, Operating Expenses rose 0.79% year-over-year to $562.6 million; the TTM figure through Jun 2026 stood at $2.3 billion (down 10.08% YoY), while the FY2025 annual figure was $2.3 billion, down 12.44% from the prior year.
- Operating Expenses came in at $562.6 million for Q2 2026 at Quad, roughly flat from $563.3 million in the prior quarter.
- In the past five years, Operating Expenses ranged from a high of $876.5 million in Q4 2022 to a low of $558.2 million in Q2 2025.
- Average Operating Expenses over 5 years is $677.6 million, with a median of $683.1 million recorded in 2023.
- Year-over-year, Operating Expenses climbed 18.67% in 2022 and slipped 17.38% in 2025.
- Over 5 years, Operating Expenses stood at $876.5 million in 2022, then retreated 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 retreated by 5.17% to $562.6 million in 2026.
- Per Business Quant data, the three most recent Operating Expenses figures were $562.6 million in Q2 2026, $563.3 million in Q1 2026, and $593.3 million in Q4 2025.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Opex (Qtr) |
|---|---|---|---|---|---|
| 1 | Omnicom | 21.99 Bn | 18.66 Bn | 1.30 Bn | 5.64 Bn |
| 2 | Wpp | 5.36 Bn | 2.19 Bn | - | - |
| 3 | Stagwell | 2.10 Bn | 1.99 Bn | 269.24 Mn | 774.76 Mn |
| 4 | Quad | 486.24 Mn | 478.84 Mn | 121.40 Mn | 562.60 Mn |
| 5 | National CineMedia | 224.40 Mn | 178.30 Mn | 54.70 Mn | 71.20 Mn |
| 6 | Hartford Creative | 100.11 Mn | 99.95 Mn | 1.05 Mn | 214,278.00 |
| 7 | Smart Digital | 58.69 Mn | 58.44 Mn | - | - |
| 8 | Tjgc | 54.31 Mn | 53.98 Mn | - | - |
| 9 | IZEA Worldwide | 52.00 Mn | 5.40 Mn | 2.20 Mn | 6.87 Mn |
| 10 | Holistic Asset Finance | 29.69 Mn | 29.64 Mn | 70,998.00 | 99,880.00 |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 562.60 Mn |
| 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 |