Quad/Graphics (QUAD) Corporate presentation summary

Business overview and strategy

• Operates as a marketing experience company with $2.4B in net sales, 10,000 employees, and 2,100 clients across 30+ global locations.

• Evolved from a print-focused business to an integrated, omnichannel marketing solutions provider, investing in data, technology, and creative capabilities.

• Offers a unified MX Solutions Suite covering intelligence, creative, production, media, and technology, leveraging proprietary data and AI-driven insights.

• Serves a diverse client base across retail, grocery, CPG, finance, health, and publishing, including major brands like Amazon, Kroger, and American Express.

• Maintains a broad manufacturing and logistics platform, with significant owned and leased facilities and a new packaging site opening in Salt Lake City in Q4 2026.

Technology, data, and innovation

• Proprietary household-based data stack covers 250 million consumers, enabling advanced audience targeting and analytics.

• AI is integrated across all MX solution areas, supporting audience building, creative personalization, campaign optimization, and internal operations.

• Postal optimization solutions expanded with high-density co-mailing, increasing mail pool sizes, sortation, and client savings.

• Ongoing investments in automation, digital capabilities, and innovation to support growth and efficiency.

Financial performance and capital allocation

• Net sales for Q2 2026 were $577.5M, up from $571.9M in Q2 2025; YTD net sales reached $1.2B.

• Adjusted EBITDA margin for Q2 2026 was 7.3%, with YTD margin at 7.5%.

• Generated over $870M in free cash flow and asset sales from 2020–2025, with $88M in 2025.

• Net debt reduced by 70% from 2020–2025, reaching $308M at end of 2025 and $394M as of June 2026; leverage ratio at 2.03x.

• Balanced capital allocation: $45M invested in growth and automation in 2025, $22M returned to shareholders, and a 33% dividend increase in 2026.