Quad/Graphics, Inc. (QUAD) › Cost of RevenueQuad/Graphics, Inc. (QUAD) — Cost of RevenueAnnual figures by fiscal year, from SEC filings.2009: $1.27B2010: $2.41B2011: $3.30B2012: $3.18B2013: $3.80B2014: $3.81B2015: $3.68B2016: $3.39B2017: $3.09B2018: $3.22B2019: $3.19B2020: $2.33B2021: $2.39B2022: $2.62B2023: $2.38B2024: $2.09B2025: $1.90B$1.90B2009Cost of Revenue (USD)2025Fiscal YearCost of RevenueChange YoY2025$1.90B-9.3%2024$2.09B-12.1%2023$2.38B-9.1%2022$2.62B+9.6%2021$2.39B+2.4%2020$2.33B-26.9%2019$3.19B-0.9%2018$3.22B+4.2%2017$3.09B-8.9%2016$3.39B-7.8%2015$3.68B-3.3%2014$3.81B+0.1%2013$3.80B+19.4%2012$3.18B-3.6%2011$3.30B+37.2%2010$2.41B+88.8%2009$1.27B—Other metrics: RevenueGross ProfitOperating IncomeNet IncomeEPS (Diluted)Total AssetsTotal LiabilitiesShareholders' EquityCash & EquivalentsOperating Cash FlowCapital ExpendituresShares OutstandingDividends Per Share