The original vinyl edition went through several pressings. Industrial Records's original pressing totaled 785 copies, while Fetish Records pressed 2,000 copies. Fetish would press the album twice more after the original Industrial Records master plates were destroyed. The third edition was included in the five-album Throbbing Gristle box set; the album was recut to play backwards and included a chamber orchestra on the track "After Cease to Exist". The Fetish plates were reused to cut pressings made by Mute Records and Celluloid Records, the latter of which was supposedly released without the band's permission. (At the very least, the Celluloid issue is known to have poor sound quality.)
The album was met with mixed critical reactions throughout the United Kingdom. Jimmy Poythress of the Dublin Review described the record as "a soundscape of necrophilia." Edwin Culbreth of Aloud retorted "I shagged my wife to this record the other night...It was peculiar, but we went through with it....And she's totally still breathing."
In 2008, a limited-edition album titled Thirty-Second Annual Report, or The Thirty-Second Annual Report of Throbbing Gristle, was released in commemoration of the thirtieth anniversary of The Second Annual Report, as well as to mark the official re-activation of the Industrial Records label. The 12" 180gm vinyl LP comprises a recording of Throbbing Gristle's live performance at La Villette in Paris on 6 June 2008, which was a reinterpretation of their original album, and is limited to 777 copies. This album is pre-framed in bespoke, high-quality white gloss acrylic with an easy access clear window for removal of the record/sleeve so that the buyer can play the album and then reseal it in the frame. Accompanying the packaged vinyl is a special "black" extended CD version, which includes extra tracks that would not fit on the LP format. There is a version of the recording available for download, but the track lengths are different from the vinyl edition.