From The Motley Fool · Motley Fool Transcribing · · 2m
Quad/Graphics Q3 2026 Earnings Report
Quad/Graphics reports steady Q3 2026 earnings with improved guidance and new marketing initiatives.
In brief
Quad/Graphics reports steady Q3 2026 earnings with improved guidance and new marketing initiatives. Quad/Graphics achieved $587 million in Q3 2026 net sales, raised quarterly dividend 33%, and updated full-year guidance with improved net sales outlook. Originally reported by The Motley Fool.
Q3 2026 Results
Net sales reached $587 million, consistent with $588 million in Q3 2025.
Adjusted EBITDA Margin
Adjusted EBITDA margin at 8.7%, down from 8.9% in prior year.
Quarterly Dividend
Raised quarterly dividend to $0.10 per share, a 33% increase from prior year.
Full-Year Guidance
Net sales expected to decline 1%-3% in 2026, improved from prior range of -1% to -5%.
Asset Sales
Received over $17 million from sale of building and equipment in Lima, Peru.
In-Store Connect Expansion
Deployed 100 additional stores, including initial 30-store rollout with national discount retailer in Florida.
Direct Marketing Agency
Launched 'Direct' agency integrating strategy, audience intelligence, and measurement for direct marketing clients.
Revenue Mix Target
Targeting 76% of net sales from integrated solutions and targeted print by 2028.
Mexico Tax Settlement
Paid $12 million to resolve Mexico tax audit assessment, $5 million lower than previous accrual.
Net Debt Leverage
Net debt at $422 million as of Sept. 30, 2026, representing 9% reduction from prior year.
Capital Expenditures
Approximately $55 million for full year supporting plant automation and Salt Lake City packaging facility.
Free Cash Flow Guidance
Expected $45 million to $55 million free cash flow for 2026, narrowed from previous range.
Share Repurchases
1 million shares repurchased year-to-date for approximately $8 million.
Logistics Sales Growth
Increased due to fuel surcharges and co-mail operations volume.
Large-Scale Print Decline
2% organic decrease in first nine months of 2026, primarily magazines and retail inserts.
Growth Flywheel Strategy
Successful execution in one area enables expansion into additional services for clients.
The essence
Quad/Graphics achieved $587 million in Q3 2026 net sales, raised quarterly dividend 33%, and updated full-year guidance with improved net sales outlook.
