CPI Card Group Inc.

CPI Card Group reported Q2 2026 revenue of $149.2 million, a 15% increase year-over-year, with net income rising to $2.0 million from $0.5 million. The company also implemented a revised segment structure, adding "Integrated Paytech," and acquired an on-premise instant issuance solution in June 2026. Post-period, CPI redeemed $26.5 million of its Senior Notes on July 15, 2026.

CPI Card Group Inc. reported strong financial results for the second quarter ended June 30, 2026, with revenue increasing 15% to $149.2 million and net income surging 294% to $2.0 million. Adjusted EBITDA also grew 7% to $24.1 million. The company raised its 2026 financial guidance for revenue growth and Free Cash Flow, while reaffirming other targets. Additionally, CPI acquired TRISM to expand its instant issuance market leadership and improved its Net Leverage Ratio to 2.7x, redeeming $26.5 million of Senior Notes.

CPI Card Group Inc. announced on July 2, 2026, its intention to redeem $26.5 million of its outstanding 10.000% senior secured notes due 2029. The redemption is scheduled for July 15, 2026, at a price of 103.000% of par, in addition to accrued and unpaid interest.

CPI Card Group Inc. announced the appointment of Terra Grantham as its Chief Financial Officer, effective June 29, 2026. Ms. Grantham had been serving as Interim CFO since February 2026 and has held various senior finance and strategy roles at the company since joining in 2017. Her compensation package includes an annual base salary of $450,000, a target annual short-term incentive of $275,000, a target annual long-term incentive of $400,000, and a one-time restricted stock unit award of $300,000.

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.

CPI Card Group Inc. reported solid first-quarter 2026 financial results, with revenue increasing 20% to $147.1 million, surpassing expectations due to the Arroweye acquisition and increased contactless card sales. Net income, however, decreased 57% to $2.1 million, primarily due to $3 million in non-recurring integration costs related to Arroweye. Adjusted EBITDA saw a 9% increase to $23.2 million, and the company affirmed its full-year 2026 outlook, projecting high single-digit revenue growth and low-to-mid single-digit Adjusted EBITDA growth.