# Quad/Graphics, Inc. (QUAD) MD&A by fiscal year

Verbatim Item 7 Management's Discussion and Analysis sections from Quad/Graphics, Inc.'s 10-K filings, one page per fiscal year. Extracted from SEC filings with the same bounded parser for every year. Filer text, not grepcent analysis or investment advice.

- [FY 2025 MD&A](/company/QUAD/mda/fy2025/): filed 2026-02-18; accession 0001481792-26-000042 (https://www.sec.gov/Archives/edgar/data/1481792/000148179226000042/quad-20251231.htm); latest 10-K
- [FY 2024 MD&A](/company/QUAD/mda/fy2024/): filed 2025-02-21; accession 0001481792-25-000010 (https://www.sec.gov/Archives/edgar/data/1481792/000148179225000010/quad-20241231.htm)
- [FY 2023 MD&A](/company/QUAD/mda/fy2023/): filed 2024-02-22; accession 0001481792-24-000007 (https://www.sec.gov/Archives/edgar/data/1481792/000148179224000007/quad-20231231.htm)
- [FY 2022 MD&A](/company/QUAD/mda/fy2022/): filed 2023-02-27; accession 0001481792-23-000012 (https://www.sec.gov/Archives/edgar/data/1481792/000148179223000012/quad-20221231.htm)
- [FY 2021 MD&A](/company/QUAD/mda/fy2021/): filed 2022-02-23; accession 0001481792-22-000005 (https://www.sec.gov/Archives/edgar/data/1481792/000148179222000005/quad-20211231.htm)

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