Quad/Graphics, Inc. (QUAD) › Shares OutstandingQuad/Graphics, Inc. (QUAD) — Shares OutstandingAnnual figures by fiscal year, from SEC filings.2009: 29.20M2010: 37.50M2011: 47.10M2012: 47.20M2013: 48.00M2014: 48.50M2015: 47.90M2016: 49.80M2017: 51.80M2018: 51.60M2019: 50.00M2020: 50.60M2021: 53.00M2022: 52.50M2023: 48.40M2024: 47.60M2025: 49.90M49.90M2009Shares Outstanding (shares)2025Fiscal YearShares OutstandingChange YoY202549.90M+4.8%202447.60M-1.7%202348.40M-7.8%202252.50M-0.9%202153.00M+4.7%202050.60M+1.2%201950.00M-3.1%201851.60M-0.4%201751.80M+4.0%201649.80M+4.0%201547.90M-1.2%201448.50M+1.0%201348.00M+1.7%201247.20M+0.2%201147.10M+25.6%201037.50M+28.4%200929.20M—Other metrics: RevenueCost of RevenueGross ProfitOperating IncomeNet IncomeEPS (Diluted)Total AssetsTotal LiabilitiesShareholders' EquityCash & EquivalentsOperating Cash FlowCapital ExpendituresDividends Per Share