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Nasdaq · Communication Services

CPI Card Group Inc. (PMTS)

As-reported financials and SEC filings for CPI Card Group Inc. The latest annual period is FY2025. The latest reported quarter is Q2 FY2026. Financial statements come straight from the company’s EDGAR filings; valuation figures such as P/E and market cap use market data.

About CPI Card Group Inc.

CPI Card Group Inc. provides payment card products and related services. The company manufactures and personalizes credit, debit, prepaid, and identification cards for financial institutions, governments, and commercial customers. It serves clients primarily in the United States.

Snapshot

Revenue
$543.5M
Revenue growth (YoY)
13.1%
Net income
$14.9M
Diluted EPS
$1.25
Gross margin
31.3%
Operating margin
10.1%
Net margin
2.8%
FCF margin
7.6%
ROE
—
net income / fiscal-year-end equity
P/E
22.4×
trailing when available, otherwise FY EPS
Market cap
$295.6M
Long-term debt / equity
—
non-current term debt only

Fundamentals are from SEC filings for FY2025, the latest annual period (ended December 31, 2025). P/E and market cap are derived from stored market prices, last retrieved on a rolling basis and typically within the past week.

What changed at CPI Card Group

  • Revenue grew 13.1% to $544M in FY2025, faster than the 8.1% the year before.
  • Operating margin is 10.1% in FY2025, -5.8 pp against 15.9% in FY2021.
  • Most recent quarter Q2 FY2026: revenue $149M, up 15.0% from Q2 FY2025.
  • Free cash flow was $41M in FY2025, 7.6% of revenue.
  • Net income fell 23.4% to $15M in FY2025.

Computed from the as-reported figures in the statements below. A change we cannot state from filed figures is left out rather than estimated.

Peer comparison

Where CPI Card Group’s fundamentals sit among the 213 Communication Services companies. Each figure is ranked only against peers that report it, from lowest (left) to highest (right).

Gross margin31.3%
27th percentile of 102
Operating margin10.1%
72nd percentile of 182
Net margin2.8%
63rd percentile of 188
FCF margin7.6%
56th percentile of 162
Revenue growth (YoY)+13.1%
73rd percentile of 206
P/E22.4×
51st percentile of 79
Short interest1.89d
25th percentile of 212

5 reported insider purchases (code P) totaling $12.0M in the last 90 days, against 1 sale totaling $54.9M. For context, about 15% of companies in the universe saw any reported insider purchase (code P) in the same window. Browse insider activity →

Percentiles describe where a figure sits among sector peers reporting it (100th = highest). They are position within a peer group, not a rating, and not investment advice. Short interest ranking uses days to cover from FINRA Consolidated Short Interest data; FINRA is the owner and source of that data, included at no additional charge.

Institutional ownership

Held by 2 quant / multi-strat books among the superinvestors we track; no conviction manager currently reports a position.

Conviction investors
0
+2 quant / multi-strat
Initiated / added
1
1 new, 0 added
Reduced / exited
2
1 trimmed, 1 exited
Combined position
$1.2M
reported long value
InvestorAs ofPosition valueSharesChange
Two Sigma InvestmentsquantQ2 2026$985,30447.4KReduced
AQR Capital ManagementquantQ2 2026$223,94710.8KNew

No longer held by: Citadel Advisors (as of Q2 2026)

From quarterly Form 13F filings, which can be up to 45 days delayed. Long US-listed positions only: excludes short positions, options, cash, bonds, and non-US holdings, so this is not a manager’s complete portfolio. Counts are of the investors we track, not all institutions. Not investment advice.

Recent insider activity

Non-derivative buys and sells (codes P/S) reported by officers, directors and 10% owners on SEC Form 4. Multiple insiders have bought recently (a cluster buy).

Buys (90d)
5
5 insiders
Bought (90d)
$12.0M
code P value
Sells (90d)
1
$54.9M
Reported activity
Cluster buy
≥2 insiders buying
Trade dateInsiderTypeSharesPriceValue
2026-09-14
Parallel49 Equity, ULC10% ownerSell2.7M$20.43$54.9M
2026-09-14
Tricor PMT25 Holdings Inc.10% ownerBuy525.0K$21.50$11.3M
2026-09-14
H. Sanford RileyDirectorBuy14.0K$21.50$300K
2026-09-14
Nicholas PetersDirectorBuy11.6K$21.50$250K
2026-09-14
Marc SheinbaumDirectorBuy4.7K$21.50$100K
2026-09-14
Ravi MallelaDirectorBuy1.0K$21.50$22K
2026-05-19
filed 2026-05-21
H. Sanford RileyDirectorBuy6.5K$16.00$104K
2026-05-19
filed 2026-05-21
H. Sanford RileyDirectorBuy5.4K$16.00$86K
2026-05-11
filed 2026-05-13
Donna Abbey CarmignaniController & Chief Acct. Off.Sell4.9K$15.32$75K

Reported non-derivative purchases and sales (codes P/S), which may be open-market or private. Excludes option exercises, grants, and shares withheld for taxes. Dates shown are the trade date; a Form 4 can be filed days to years later. A sale can be routine (e.g. a pre-set 10b5-1 plan), so read individual transactions in context. From SEC Form 4. Not investment advice.

Short interest

Total shares sold short as of each twice-monthly FINRA settlement. Rising short interest means more investors are positioned against the stock; days to cover estimates how many trading days of average volume that position represents.

Shares short
378.2K
settled 2026-09-30
Change vs prior
+27.9%
vs previous settlement
Days to cover
1.89
at avg daily volume
Avg daily volume
199.8K
FINRA reported
SettlementShares shortChangeDays to cover
2026-09-30378.2K+27.9%1.89
2026-09-15295.6K+6.7%1.00
2026-08-31277.1K+10.3%3.06
2026-08-14251.4K-24.3%1.72
2026-07-31332.1K+9.1%10.71
2026-07-15304.5K+18.7%8.32
2026-06-30256.4K+6.1%4.88
2026-06-15241.7K+11.5%4.43

Source: FINRA Consolidated Short Interest. FINRA is the owner and source of the FINRA-supplied data, which is included at no additional charge for your own personal or professional use; republishing or redistributing it is not permitted. Settlement dates are shown; FINRA publishes each settlement about nine business days later, so the latest figure can be two to four weeks old. Not presented as a percentage of float. No FINRA endorsement of this product is implied. Not investment advice.

Income statement (as reported)

 FY2025FY2024FY2023FY2022FY2021
Revenue$543.5M$480.6M$444.5M$475.7M$375.1M
Gross profit
Operating income$54.8M$62.8M$61.6M$79.1M$59.5M
Net income$14.9M$19.5M$24.0M$36.5M$15.9M
Diluted EPS$1.25$1.64$2.01$3.11$1.36

Figures as reported to the SEC. Underlined values link to the filing they came from; dotted values are calculated by us from reported figures; “adj” means restated for a stock split (tap or hover a figure to see how it was calculated or what was filed). Full details: where the numbers come from.

Balance sheet (as reported)

Figures as reported to the SEC. Underlined values link to the filing they came from; dotted values are calculated by us from reported figures; “adj” means restated for a stock split (tap or hover a figure to see how it was calculated or what was filed). Full details: where the numbers come from.

Cash flow (as reported)

 FY2025FY2024FY2023FY2022FY2021
Operating cash flow$59.5M$43.3M$34.0M$31.3M$20.2M
Capital expenditure$18.2M$9.3M$6.4M$17.9M$10.1M
Free cash flow

Figures as reported to the SEC. Underlined values link to the filing they came from; dotted values are calculated by us from reported figures; “adj” means restated for a stock split (tap or hover a figure to see how it was calculated or what was filed). Full details: where the numbers come from.

Quarterly trend

QuarterRevenueRevenue YoYNet incomeDiluted EPS
Q2 FY2026$149.2M15.0%$2.0M$0.17
Q1 FY2026$147.1M19.8%$2.1M$0.17
Q4 FY202522.3%
Q3 FY2025$138.0M10.6%$2.3M$0.19
Q2 FY2025$129.8M9.2%$518,000$0.04
Q1 FY2025$122.8M9.7%$4.8M$0.40
Q4 FY202421.6%
Q3 FY2024$124.8M17.8%$1.3M$0.11

Latest 8 quarters, from company XBRL filings on SEC EDGAR. A dotted underline marks a fourth-quarter figure we calculated from the full year and the first nine months. Revenue YoY is our calculation too: each quarter against the same quarter a year earlier.

Company facts

ExchangeNasdaq
SectorCommunication Services
SIC industryCommercial Printing
Latest annual periodFY2025 (ended December 31, 2025)
Latest reported quarterQ2 FY2026 (ended June 30, 2026)
Oldest indexed filing2015
SEC CIK1641614

Selected SEC filings

10-Q2026-08-06
View on EDGAR →
10-Q2026-05-05
View on EDGAR →
8-K2026-09-14
View on EDGAR →
8-K2026-08-26
View on EDGAR →
8-K2026-08-06
View on EDGAR →
8-K2026-07-06
View on EDGAR →

Largest Communication Services peers

All Communication Services companies →

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Data sourced from SEC EDGAR. Figures are as-reported and may be unaudited or restated; verify against the source filing before relying on them. Informational only. Not investment advice.