CPI Card Group Inc. 8K

CPI Card Group Inc. reported stronger-than-expected Q2 2026 results, raised its 2026 revenue and Free Cash Flow guidance, and detailed strategic progress including the TRISM acquisition and further deleveraging.

On August 6, 2026, CPI Card Group Inc. reported strong financial results for the quarter ended June 30, 2026, with revenue up 15% to $149.2 million, net income up 294% to $2.0 million, and Adjusted EBITDA up 7% to $24.1 million, driven primarily by outperformance in the Secure Card Solutions segment and more than $3 million of tariff refunds, partially offset by uneven demand in the Prepaid Solutions segment. The company highlighted record first-half operating cash flow of $42.1 million and Free Cash Flow of $36.1 million, which, along with disciplined working capital management and lower capex, reduced its Net Leverage Ratio to 2.7x and supported the July 15 redemption of $26.5 million (10%) of its Senior Notes. CPI also announced strategic progress including the acquisition of TRISM, which effectively doubles its addressable market in U.S. instant issuance and raises 2026 IPT segment revenue growth guidance from 15%+ to approximately 20%, continued integration of Arroweye with revenue and cost synergies, and advancement of its Karta partnership and digital payments initiatives. Reflecting these trends, management raised full-year 2026 guidance for consolidated revenue growth to high-single-digit to low-double-digit and increased Free Cash Flow guidance to a range of $45 million to $50 million, while reaffirming low-to-mid single-digit Adjusted EBITDA growth and a targeted year-end Net Leverage Ratio between 2.5x and 3.0x.

Filing Facts

CIK

1641614

Ticker

-

Form

8K

Source Type

sec

Accession

0001641614-26-000119

Alert Tier

7