Quarterly ResultMay 5, 2026, 07:12 AM
CPI Card Group Q1 Revenue $147.1M; Net Income $2.1M, EPS $0.17
AI Summary
CPI Card Group Inc. reported a significant increase in revenue for the first quarter of 2026, reaching $147.1 million, up 19.8% year-over-year. However, net income decreased by 56.9% to $2.1 million, resulting in diluted earnings per share of $0.17, down from $0.40 in the prior year. The company also implemented a revised segment structure, introducing "Integrated Paytech" as a new reportable segment.
Key Highlights
- Revenue increased 19.8% to $147.1 million for Q1 2026, up from $122.8 million in Q1 2025.
- Net income decreased 56.9% to $2.1 million in Q1 2026, compared to $4.8 million in Q1 2025.
- Diluted EPS was $0.17 for Q1 2026, a 57.5% decrease from $0.40 in Q1 2025.
- EBITDA decreased 6.0% to $17.3 million in Q1 2026, down from $18.4 million in Q1 2025.
- Secure Card Solutions revenue grew 34.6% to $109.9 million in Q1 2026.
- Prepaid Solutions revenue decreased 17.4% to $22.0 million in Q1 2026.
- Cash provided by operating activities surged 144.0% to $13.6 million in Q1 2026.
- Long-term debt decreased to $276.9 million as of March 31, 2026, from $286.7 million at year-end 2025.
Price Impact
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