CPI Card Group Inc. income statement
In fiscal 2025, CPI Card Group Inc. reported revenue of $544m, up 13.1% on the year before, operating income of $54.8m (a 10.1% margin) and net income of $14.9m, or $1.25 per diluted share. Every line below comes from the company's 10-K and 10-Q filings; column headings link to the filing.
Income statement
| Fiscal year | 2013Dec 2013 | 2014Dec 2014 | 2015Dec 2015 | 2016Dec 2016 | 2017Dec 2017 | 2018Dec 2018 | 2019Dec 2019 | 2020Dec 2020 | 2021Dec 2021 | 2022Dec 2022 | 2023Dec 2023 | 2024Dec 2024 | 2025Dec 2025 | LTMJun 2026 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | 196 | 261 | 374 | 309 | 224 | 256 | 278 | 312 | 375 | 476 | 445 | 481 | 544 | 587 |
| Cost of revenue | 137 | 179 | 238 | 207 | 156 | 177 | 187 | 202 | 234 | 300 | 289 | 309 | 373 | 405 |
| Gross profit | 59 | 82 | 136 | 102 | 68 | 79 | 91 | 110 | 141 | 176 | 155 | 171 | 170 | 182 |
| Selling, general and administrative | 29 | 43 | 61 | 64 | 62 | 68 | 66 | 66 | 76 | 91 | 88 | 103 | — | — |
| Operating income | 26 | 34 | 68 | 29 | −19 | 5 | 25 | 38 | 59 | 79 | 62 | 63 | 55 | 54 |
| Net interest income | −8 | −8 | −18 | −20 | −21 | −23 | −25 | −25 | — | — | — | — | — | — |
| Income before tax | 18 | 26 | 49 | 9 | −40 | −19 | −2 | 13 | 24 | 49 | 34 | 25 | 22 | 22 |
| Income tax | 7 | 10 | 18 | 3 | −17 | −4 | 3 | −3 | 8 | 13 | 10 | 6 | 7 | 7 |
| Net income | 9 | 13 | 31 | 5 | −22 | −37 | −5 | 16 | 16 | 37 | 24 | 20 | 15 | 14 |
| Diluted EPS | −$3.25 | −$3.80 | −$0.19 | $0.48 | −$1.98 | −$3.36 | −$0.46 | $1.44 | $1.36 | $3.11 | $2.01 | $1.64 | $1.25 | $1.15 |
| Diluted shares (average) | 8m | 8m | 9m | 11m | 11m | 11m | 11m | 11m | 12m | 12m | 12m | 12m | 12m | 12m |
| EBITDA | 38 | 48 | 84 | 46 | −2 | 23 | 42 | 55 | 75 | 94 | 78 | 79 | 77 | 80 |
| Quarter | 2024 Q3Sept 2024 | 2024 Q4Dec 2024 | 2025 Q1Mar 2025 | 2025 Q2Jun 2025 | 2025 Q3Sept 2025 | 2025 Q4Dec 2025 | 2026 Q1Mar 2026 | 2026 Q2Jun 2026 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 125 | 125 | 123 | 130 | 138 | 153 | 147 | 149 |
| Cost of revenue | 80 | 82 | 82 | 90 | 97 | 105 | 103 | 101 |
| Gross profit | 45 | 43 | 41 | 40 | 41 | 48 | 44 | 48 |
| Selling, general and administrative | 26 | 25 | 25 | 29 | 26 | — | — | — |
| Operating income | 18 | 16 | 14 | 9 | 13 | 18 | 11 | 12 |
| Income before tax | 1 | 8 | 6 | 1 | 4 | 10 | 3 | 4 |
| Income tax | −0 | 1 | 2 | 1 | 1 | 3 | 1 | 2 |
| Net income | 1 | 7 | 5 | 1 | 2 | 7 | 2 | 2 |
| Diluted EPS | $0.11 | $0.56 | $0.40 | $0.04 | $0.19 | $0.61 | $0.17 | $0.17 |
| EBITDA | 22 | 20 | 18 | 15 | 19 | 25 | 17 | 18 |
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