CPI Card Group Q2 FY26 net income swings to profit of $2 million; revenue rises 15% to $149 million - PMTS News | RalliesCPI Card Group Q2 FY26 net income swings to profit of $2 million; revenue rises 15% to $149 million
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PMTS• Q2 results
- CPI Card Group Q2 revenue rose 15% to $149.2 million, driven by Secure Card Solutions strength.
- Net income climbed to $2 million, up 294%, with diluted EPS of $0.17.
- Adjusted EBITDA increased 7% to $24.1 million, helped by more than $3 million of tariff refunds.
Cash flow and leverage
- First-half cash from operations hit a record $42.1 million; free cash flow was $36.1 million, with net leverage down to 2.7x.
Acquisition and outlook
- The company acquired TRISM to expand instant issuance reach.
- CPI Card Group raised its 2026 outlook to high-single- to low-double-digit revenue growth and $45 million-$50 million free cash flow.
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