Filing Flows › CPI Card Group (PMTS) › Q2 2026 › vs Q2 2025
CPI Card Group (PMTS) Q2 2026 vs Q2 2025 (year over year)
CPI Card Group's revenue rose $19.4M (+15%) from $130M in Q2 2025 to $149M in Q2 2026. Gross margin 32.5% against 30.9% (+1.6 pts).
CPI Card Group, Q2 2026: revenue $149M (+15% year over year), operating margin 8.0%, net earnings $2.0M, operating cash flow $28.5M. The chart draws each line against Q2 2025, the increases inside each band.
Margins
| Q2 2026 | Q2 2025 | Change | |
|---|---|---|---|
| Gross margin | 32.5% | 30.9% | +1.6 pts |
| Operating margin | 8.0% | 7.3% | +0.7 pts |
| Net margin | 1.4% | 0.4% | +1.0 pts |
| Free cash flow margin | 17.4% | 0.4% | +17.0 pts |
Every line
| Line | Q2 2026 | Q2 2025 | Change | % |
|---|---|---|---|---|
| Revenue | $149M | $130M | $19.4M | +15% |
| Gross profit | $48.5M | $40.1M | $8.4M | +21% |
| Cost of revenue | $101M | $89.6M | $11.1M | +12% |
| Operating profit | $11.9M | $9.4M | $2.4M | +26% |
| Operating expenses | $36.6M | $30.7M | $5.9M | +19% |
| Pre-tax earnings | $4.2M | $1.3M | $2.8M | +211% |
| Other expense, net | $7.7M | $8.1M | −$395K | -5% |
| Net earnings | $2.0M | $518K | $1.5M | +294% |
| Income tax | $2.1M | $823K | $1.3M | +160% |
| Depreciation & amortization | $6.3M | $5.5M | $828K | +15% |
| Share-based compensation | $1.3M | $1.4M | −$53K | -4% |
| Working capital & other | $18.8M | −$3.1M | $21.9M | — |
| Operating cash flow | $28.5M | $4.3M | $24.2M | +556% |
| Free Cash Flow (company-reported) | $25.9M | $533K | $25.4M | 49× |
| Capital expenditures for plant, equipment and leasehold improvements, net | $2.6M | $3.8M | −$1.2M | -32% |
Questions
How much did CPI Card Group's revenue grow year over year in Q2 2026?
CPI Card Group's revenue rose $19.4M (+15%) from $130M in Q2 2025 to $149M in Q2 2026. Gross margin 32.5% against 30.9% (+1.6 pts).