Filing Flows › CPI Card Group (PMTS) › Q2 2026
CPI Card Group (PMTS) Q2 2026 earnings results (second quarter 2026)
10-Q filed Aug 6, 2026
CPI Card Group (PMTS) reported revenue of $149M for the second quarter 2026 (Q2 2026), +15% from a year earlier and +1% from the quarter before. Operating margin was 8.0%, net earnings $2.0M (1.4% of revenue).
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 follows the revenue to costs, profit and cash.
| Q2 2026 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $149M | +1% | +15% |
| Gross profit | $48.5M | +10% | +21% |
| Operating profit | $11.9M | +8% | +26% |
| Net earnings | $2.0M | -0.8% | +294% |
| Operating cash flow | $28.5M | +109% | +556% |
| Free cash flow | $25.9M | — | 49× |
What changed
Revenue was $149.2M in Q2 2026, up 15% year over year and up 1% from the previous quarter.
Gross margin was 32.5%, up 1.6 points from Q2 2025. Operating profit was $11.9M, a 8.0% margin (up 0.7 points year over year). Of the extra revenue versus Q2 2025, 13% reached operating profit, above the 7% margin then. Operating expenses grew 19% against revenue growth of 15%. Net earnings were $2.0M, up 294% year over year. The effective tax rate was 51.2%.
Operating cash flow was $28.5M (up 556% year over year), 1397% of net earnings. Non-cash charges added back $6.3M of depreciation and amortization and $1.3M of share-based compensation. Working capital and other items added $18.8M. After capital expenditures for plant, equipment and leasehold improvements, net ($2.6M), free cash flow as the company reports it was $25.9M.
Questions
What was CPI Card Group's revenue in the second quarter 2026?
CPI Card Group (PMTS) reported revenue of $149M for the second quarter 2026 (Q2 2026), +15% from a year earlier and +1% from the quarter before.
Was CPI Card Group profitable in the second quarter 2026?
Operating profit was $11.9M (8.0% of revenue) and net earnings $2.0M.
Source: CPI Card Group 10-Q on SEC EDGAR.