Filing Flows › CPI Card Group (PMTS) › Q3 2026
CPI Card Group (PMTS) Q3 2026 earnings results (third quarter 2026)
10-Q filed Nov 4, 2026
CPI Card Group (PMTS) reported revenue of $158M for the third quarter 2026 (Q3 2026), +15% from a year earlier and +6% from the quarter before. Operating margin was 9.9%, net earnings $5.0M (3.2% of revenue).
CPI Card Group, Q3 2026: revenue $158M (+15% year over year), operating margin 9.9%, net earnings $5.0M, operating cash flow $15.1M. The chart follows the revenue to costs, profit and cash.
| Q3 2026 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $158M | +6% | +15% |
| Gross profit | $50.3M | +4% | +23% |
| Operating profit | $15.7M | +32% | +20% |
| Net earnings | $5.0M | +146% | +117% |
| Operating cash flow | $15.1M | -47% | +51% |
| Free cash flow | $10.1M | — | +90% |
What changed
Revenue was $158.4M in Q3 2026, up 15% year over year and up 6% from the previous quarter.
Gross margin was 31.7%, up 2.0 points from Q3 2025. Operating profit was $15.7M, a 9.9% margin (up 0.5 points year over year). Of the extra revenue versus Q3 2025, 13% reached operating profit, above the 9% margin then. Operating expenses grew 24% against revenue growth of 15%. Net earnings were $5.0M, up 117% year over year. The effective tax rate was 20.7%.
Operating cash flow was $15.1M (up 51% year over year), 301% of net earnings. Non-cash charges added back $6.7M of depreciation and amortization and $2.6M of share-based compensation. Working capital and other items added $759K. After capital expenditures for plant, equipment and leasehold improvements, net ($5.0M), free cash flow as the company reports it was $10.1M.
Questions
What was CPI Card Group's revenue in the third quarter 2026?
CPI Card Group (PMTS) reported revenue of $158M for the third quarter 2026 (Q3 2026), +15% from a year earlier and +6% from the quarter before.
Was CPI Card Group profitable in the third quarter 2026?
Operating profit was $15.7M (9.9% of revenue) and net earnings $5.0M.
Source: CPI Card Group 10-Q on SEC EDGAR.