Quad/Graphics, Inc. reported second quarter results for 2025, reinforcing its commitment to data-driven marketing innovation despite a 10% year-over-year revenue decline to $572 million. Excluding the impact of its February 2025 European divestiture, the decline was a modest 4%. The company posted a near break-even net result, reporting a $0.1 million net loss or $0.00 diluted loss per share, an improvement from the $3 million net loss in Q2 2024.

Quad’s second-quarter highlights include the launch of Audience Builder 2.0, its proprietary AI-powered audience intelligence platform, and a new partnership with Vallarta Supermarkets through its growing In-Store Connect retail media network. Adjusted EBITDA came in at $43 million, and adjusted diluted earnings per share rose to $0.14, up from $0.12 in the prior year. The company repurchased 1.4 million shares of its Class A common stock this year and declared a quarterly dividend of $0.075 per share, payable September 5, 2025.

Chairman and CEO Joel Quadracci said, “We’re continuing to unlock diversified growth by delivering precision-driven marketing outcomes through our AI and data platforms. Whether it’s connecting with 92% of U.S. households through our data stack or expanding our retail media footprint, our innovation strategy is creating value for clients and shareholders.” CFO Tony Staniak added that despite macroeconomic headwinds, Quad is reaffirming its full-year 2025 guidance, which includes $180–$220 million in adjusted EBITDA and $40–$60 million in free cash flow.