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MARKETS / NASDAQ / PMTS
NASDAQ · COMMERCIAL PRINTING · MID CAP

CPI Card Group Inc. PMTS

13 fiscal years on record · USD · FY2025 reported · SEC filings only
$543.5M
▲ 13.1% YoY
$14.9M
▼ 23.4% YoY
$41.3M
▲ 21.4% YoY
In brief

What this company does

CPI is a payments technology company that provides physical and digital payment solutions for U.S. financial institutions, processors, fintechs, prepaid program managers, and other customers. As of December 31, 2025, approximately 1,700 people were employed by CPI. CPI had one customer that accounted for approximately 16% of its total revenue for the year ended December 31, 2025. Its business consists of three reportable segments: Debit and Credit, Prepaid Debit, and Other. Its Debit and Credit segment primarily produces secure debit and credit cards and provides related card services for U.S. card-issuing financial institutions, including personalization, instant issuance that lets customers issue a personalized debit or credit card on demand within a customer location, and other payment solutions such as digital push provisioning for mobile wallets. Its Prepaid Debit segment primarily provides secure packaging solutions, Prepaid Debit Cards, and other related integrated prepaid card services to prepaid program managers in the U.S. CPI is a Delaware corporation that was initially formed as CPI Holdings I, Inc. in June 2007 and changed its name to CPI Card Group Inc. in August 2015.

Written from the business description in CPI Card Group Inc.'s annual report to the U.S. Securities and Exchange Commission, filed 5 March 2026. Every sentence was checked against that document before publication.

Growth
USD 543.5M
Revenue, FY2025 · full 13-year series below
Revenue $M Net income $M
FY2025 · Revenue 543.5 · Net income 14.9
200M400M2013201520172019202120232025
Compound annual growth
+4.5%
+11.7%
+3.8%
−25.8%
−1.5%
−7.0%
−26.2%
−2.8%
3 yrs
5 yrs
10 yrs
15 yrs

Revenue compounded at +11.7% a year over five years.

Compound annual rates per period — left blank where that exact year isn't on file, the series crosses a loss, or (per-share rows) a split falls inside the window.

Profitability
3 cents
of every revenue dollar became profit
Operating margin Net margin
FY2025 · Operating 10.1% · Net 2.8%
5%10%15%-5%-10%2013201520172019202120232025
ROE

Not applicable: equity was negative in this period, so return on equity has no meaning.

Cash & shareholders
returned in FY2025 · dividends + net buybacks
Free cash flow $M
FY2025 · FCF 41.3
20M40M2013201520172019202120232025
Net buybacks $M Dividends $M
FY2024 · Dividends — · Net buybacks 8.7
80M160M20152016201720232024

Total assetsUSD 403.2M
EquityUSD -17.3M
CashUSD 21.7M
Gross debtUSD 286.7M
Net debtUSD 265.0M
Current ratio2.44×

Equity was negative — liabilities exceeded assets. No ratio is shown.

The 13-year record
13 fiscal years
Every figure from documents filed with the SEC · USD

EPS, diluted, dividend per share and shares outstanding are shown without shading, and a vertical line marks the year the share count changed — the series crosses a large, unexplained change in share count, so the years on either side are not on a comparable scale.

row low → row highnegative
Metric 2025202420232022202120202019201820172016201520142013
Revenue $B0.50.50.40.50.40.30.30.30.20.30.40.30.2
Operating income $B0.10.10.10.10.10.00.00.0−0.00.00.10.00.0
EBITDA $B0.10.10.10.10.10.10.00.0−0.00.00.10.00.0
Income tax $B0.00.00.00.00.0−0.00.0−0.0−0.00.00.00.00.0
Net income $B0.00.00.00.00.00.0−0.0−0.0−0.00.00.00.00.0
Free cash flow $B0.00.00.00.00.00.0−0.00.0−0.00.00.00.00.0
EPS, diluted $1.251.642.013.111.361.44−0.46−3.36−1.980.48−0.19−0.76−0.65
Dividend / sh $········0.450.90···
Payout %········−34139746··
ROE %·············
Shares out B0.010.010.010.010.010.010.010.010.010.010.060.04·

Slide the table for earlier years · "·" marks a figure not available in our data for that year.

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Provenance
Company facts, as filed
How we verify · 0 failures in 63 reconciliationsAUDITED

Reconciled in 13 of 19 fiscal years. 32 checks could not be computed.

EPS recomputationBalance-sheet identityGross profitBalance-sheet liquiditymoeda_consistente0 failures
ActivityCommercial Printing
Listed onNASDAQ
Incorporated inDelaware
Fiscal year endsDecember 31
SEC categorysmaller reporting company
Data on record since2013

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