Quad (QUAD) Operating Leases (2019 - 2026)
Quad's Operating Leases was $44.3 million in Q2 2026, down 22.4% from $57.1 million a year earlier and down 2.0% from the prior quarter.
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Analysis
Quad (QUAD) Operating Leases (2019 - 2026) Analysis & Trends
At the end of FY2025, Operating Leases at Quad came in at $49.8 million, down 18.9% from FY2024.
- Operating Leases has now declined for four consecutive years, with a five-year compound annual growth rate of -1.8% (FY2020 to FY2025).
- In earlier years, Operating Leases was $61.4 million in FY2024 (-20.5%), $77.2 million in FY2023 (-11.4%), $87.1 million in FY2022 (-12.7%) and $99.8 million in FY2021 (+83.1%).
- The Q2 2026 figure marks the lowest quarterly Operating Leases in data going back to Q1 2019.
- Compared with a year earlier, Operating Leases has declined for 15 straight quarters, with an average decline of 19.2% over the last eight quarters.
- The best year-over-year quarter for Operating Leases over five years was Q4 2021 (growth of 83.1%); the worst was Q1 2025 (a decline of 22.5%).
- Per Business Quant data, QUAD's Operating Leases in the three quarters before Q2 2026 was $45.2 million (Q1 2026), $49.8 million (Q4 2025) and $55 million (Q3 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Warner Bros. Discovery | 77.70 Bn | 63.36 Bn | 4.10 Bn |
| 2 | Fox | 28.87 Bn | 14.68 Bn | - |
| 3 | Omnicom | 22.69 Bn | 4.78 Bn | 1.30 Bn |
| 4 | News | 17.02 Bn | 8.51 Bn | - |
| 5 | Pearson | 11.88 Bn | 8.99 Bn | - |
| 6 | New York Times | 11.24 Bn | 8.72 Bn | 394.61 Mn |
| 7 | Sirius Xm Holdings | 9.17 Bn | 8.75 Bn | 1.44 Bn |
| 8 | Skydance | 7.82 Bn | 5.74 Bn | - |
| 9 | Wpp | 5.72 Bn | -6.32 Bn | - |
| 10 | Quad | 456.96 Mn | 373.06 Mn | 121.40 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 44.30 Mn |
| Mar 31, 2026 | 45.20 Mn |
| Dec 31, 2025 | 49.80 Mn |
| Sep 30, 2025 | 55.00 Mn |
| Jun 30, 2025 | 57.10 Mn |
| Mar 31, 2025 | 57.80 Mn |
| Dec 31, 2024 | 61.40 Mn |
| Sep 30, 2024 | 66.10 Mn |
| Jun 30, 2024 | 71.20 Mn |
| Mar 31, 2024 | 74.60 Mn |
| Dec 31, 2023 | 77.20 Mn |
| Sep 30, 2023 | 74.50 Mn |
| Jun 30, 2023 | 80.00 Mn |
| Mar 31, 2023 | 82.30 Mn |
| Dec 31, 2022 | 87.10 Mn |
| Sep 30, 2022 | 93.30 Mn |
| Jun 30, 2022 | 100.30 Mn |
| Mar 31, 2022 | 93.30 Mn |
| Dec 31, 2021 | 99.80 Mn |
| Sep 30, 2021 | 83.10 Mn |
API Access
Quad Operating Leases 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=operating-leases&ticker=QUAD&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "operating-leases", "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=operating-leases&ticker=QUAD&period=max&api_key=YOUR_API_KEY");
const data = await res.json();