Quad/Graphics, Inc. (QUAD)

Commercial printing with marketing services, 10,100 FTEs. Read October 19, 2026 from the annual report for the period ending December 31, 2025, filed February 18, 2026. Ranked 7 of the 175 Industrials companies read so far, by the share within reach now.

Quad states approximately 10,100 full-time equivalent employees at December 31, 2025, 8,900 of them in North America including Mexico and Central America, with 1,100 under union or works council arrangements, across printing, marketing services and logistics with no count by business, so the printing plants take most of the workforce and the agency and logistics services the rest by description (c).

The figures on this page come from the company's own annual report and from BLS staffing patterns for its industries, never from a roster. They are estimates with a stated method. Nothing here says what the company will do: within reach is not a forecast of jobs lost or of savings.

What follows from the reading

Share of working time within reach of AI, on the long-run pace at four in five: 28% now, 39% at the end of 2027, 42% at the end of 2028, 43% at the end of 2030. By the patterns, the work is about 43% desk work, 16% people work and 41% body work. These are the site's industry estimates weighted by the shares below: estimates with a stated method and range, not a forecast of what the company will do. By the same patterns, at the end of 2028 about 55% of the working time stays with people (conversation, in-person and hands-on work), 29% becomes checking a model's work and 14% could be handed over with lighter checks, from the industries' own figures, not the company's roles.

Headcount

10,100 employees as of December 31, 2025 (full-time equivalent). The filing counts 8,900 FTEs in North America including Mexico, Central America and the Caribbean (88%); the U.S. alone is not stated.

The filing: “As of December 31, 2025, the Company had approximately 10,100 full-time equivalent ("FTE") employees in the following geographies: North America (Includes Mexico, Central America and the Caribbean) 8,900; Europe, Middle East and Africa 400; South America 600; Asia 200.”

The workforce as industry patterns

What the filing says about the workforce: Approximately 1,100 employees (11%) covered by an industry-wide agreement, a collective bargaining agreement, a works council or a similar arrangement; the count fell from 15,800 in 2020; QuadMed runs on-site health centers for the company and about 35 other employers.

Companies read with the same leading pattern

Other companies whose largest staffing pattern is also Printing and Related Support Activities, largest first, each read from its own annual report. Within reach now and at the end of 2028, long-run pace, four in five.

• Cimpress plc (CMPR, 16,500 employees)27% now, 38% by 2028

What the filing says about AI

27 sentences in the filing name AI. The filing names AI among the technology it uses to automate workflows, enhance performance and personalize customer experiences, and AI-based systems integrated across its marketing solutions suite for cost savings and revenue.

• “Among risks, uncertainties and other factors that may impact Quad are those described in Part I, Item 1A, "Risk Factors," of this Annual Report on Form 10-K, as such may be amended or supplemented in Part II, Item 1A, "Risk Factors," of the Company's subsequently filed Quarterly Reports on Form 10-Q, and the following: The impact of increased business complexity as a result of the Company's tra...”
• “Maximize efficiency with cutting-edge technology , including artificial intelligence (AI), that automates workflows, enhances performance and personalizes customer experiences at scale across physical and digital channels. 2 Table of Contents In 2025, the Company focused on delivering strong financial results while navigating multiple challenges in the macroeconomic environment, such as postage...”
• “In addition to these solutions, Quad integrates AI-based systems across its MX Solutions Suite to generate internal cost savings and revenue opportunities for the Company. 4 Table of Contents Industry and Competition With its integrated marketing platform, Quad competes in both the advertising and marketing services industry, and in the commercial printing industry.”
• “Advertising and Marketing Services The advertising and marketing services industry is highly fragmented, with competition based on companies' ability to adapt quickly to new advertising platforms and technology, including AI; leverage data and analytics to deliver personalized advertising experiences; develop comprehensive proposals to secure client contracts; create unique and effective multic...”
• “The engine runs AI agents atop Quad's household data stack, client data inputs and campaign data to generate in-the-moment reporting and analysis.”

Its annual reports, year by year

Sentences naming AI in each annual report, counted by one rule, beside the median report in the Index that year. Each count links its filing. Every company, by year and sector

• Fiscal 20211median 0
• Fiscal 20221median 0
• Fiscal 20236median 1
• Fiscal 20249median 4
• Fiscal 202527median 10

Headcount by filing year

As reported in each year's annual report, with the filing. A year marked not read had no figure the reading could take from the report's text.

Limits of this reading

• No count by business: the three shares are by description (c); the data service's geography table (international 100%) is not usable.
• The U.S. share is not stated; North America including Mexico and Central America holds 88%.

Source: the company's annual report on EDGAR, accession 0001481792-26-000042, the filing. Read by Claude Fable 5.1 under rubric version 1, by the method. A company can write to info@stratussc.com to have its reading checked against its filing.