earnings
confidence high
sentiment positive
materiality 0.80
CPI Card Group Q2 revenue up 15% to $149M, net income up 294%, raises FY guidance
CPI Card Group Inc.
2026-Q2 EPS reported
$0.34
revenue$296,289,000
- Revenue $149.2M (+15% YoY); net income $2.0M (+294%); Adjusted EBITDA $24.1M (+7%).
- Secure Card Solutions revenue $110.9M (+17%); Prepaid $22.6M (+18%); Integrated Paytech $20.1M (+4%).
- Record first-half operating cash flow $42.1M; net leverage ratio down to 2.7x; redeemed $26.5M of Senior Notes in July.
- Raised 2026 revenue growth guidance to high-single/low-double-digit (from high-single); free cash flow guidance to $45-50M (from $41M).
- Acquired TRISM, doubling instant issuance addressable market; Arroweye integration ahead of plan; IPT revenue growth guidance raised to ~20%.