CPI Card Group Inc. (PMTS) Income Statement
PMTS 2025 at a glance
Fiscal year ended December 31, 2025 · U.S. dollarsPMTS revenue and net income
Where PMTS's revenue goes
2025Each bar shows an amount and its share of revenue. PMTS kept 2.8% of revenue as net income.
PMTS profit margins
PMTS growth rates
to 2025| 1 year | 3 years | 5 years | 10 years | |
|---|---|---|---|---|
| Revenue | +13.1% | +4.5% | +11.7% | +3.8% |
| Gross profit | −0.7% | −1.1% | +9.0% | +2.3% |
| Operating income | −12.7% | −11.5% | +7.4% | −2.1% |
| Net income | −23.4% | −25.8% | −1.5% | −7.0% |
| EPS (diluted) | +25.7% | −5.3% | +10.7% | +2.9% |
1-year change and average annual growth (CAGR) over 3, 5 and 10 fiscal years. "—" when a starting value was zero or negative.
PMTS quarterly EPS vs estimates
CPI Card beat the analyst EPS estimate in 3 of the last 8 quarters. Next report: November 3, 2026 (estimate $0.76).
PMTS income statement
| 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $543.5M | $480.6M | $444.5M | $475.7M | $375.1M | $312.2M | $278.1M | $255.8M | $223.7M | $308.7M |
| Cost of revenue | $373.4M | $309.4M | $289.1M | $300.0M | $233.7M | $201.9M | $187.0M | $177.2M | $155.5M | $206.8M |
| Gross profit | $170.1M | $171.2M | $155.5M | $175.8M | $141.4M | $110.3M | $91.1M | $78.6M | $68.2M | $101.9M |
| Research & development | — | — | — | — | — | — | — | $0 | $0 | $0 |
| Sales, general & admin | $115.3M | $103.4M | $88.2M | $90.8M | $75.7M | $65.8M | $65.7M | $68.0M | $67.3M | $69.4M |
| Total operating expenses | $115.3M | $108.4M | $93.9M | $96.6M | $82.0M | $71.9M | $66.4M | $74.0M | $87.5M | $72.9M |
| Operating income | $54.8M | $62.8M | $61.6M | $79.1M | $59.5M | $38.4M | $24.7M | $4.6M | −$19.3M | $29.0M |
| Interest expense | $32.5M | $34.1M | $26.9M | $29.6M | $30.6M | $25.4M | $24.9M | $23.4M | $20.9M | $20.0M |
| Income before taxes | $21.6M | $25.0M | $34.5M | $49.1M | $23.8M | $12.9M | −$1.5M | −$19.1M | −$39.6M | $8.5M |
| Income taxes | $6.7M | $5.5M | $10.5M | $12.6M | $7.9M | −$3.3M | $3.5M | −$4.3M | −$16.5M | $3.1M |
| Net income | $14.9M | $19.5M | $24.0M | $36.5M | $15.9M | $16.1M | −$5.1M | −$37.5M | −$22.0M | $5.4M |
| EBITDA | $77.3M | $79.2M | $77.3M | $93.6M | $74.6M | $55.1M | $40.6M | $22.7M | −$1.8M | $48.6M |
| EPS (diluted) | $2.69 | $2.14 | $2.02 | $3.17 | $1.36 | $1.62 | −$0.60 | −$1.40 | −$0.37 | $1.09 |
| Gross margin | 31.3% | 35.6% | 35.0% | 36.9% | 37.7% | 35.3% | 32.8% | 30.7% | 30.5% | 33.0% |
| Operating margin | 10.1% | 13.1% | 13.9% | 16.6% | 15.9% | 12.3% | 8.9% | 1.8% | −8.6% | 9.4% |
| Net margin | 2.8% | 4.1% | 5.4% | 7.7% | 4.2% | 5.2% | −1.8% | −14.6% | −9.8% | 1.7% |
| Jun '26 | Mar '26 | Dec '25 | Sep '25 | Jun '25 | Mar '25 | Dec '24 | Sep '24 | Jun '24 | Mar '24 | Dec '23 | Sep '23 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $149.2M | $147.1M | $153.1M | $138.0M | $129.8M | $122.8M | $125.1M | $124.8M | $118.8M | $111.9M | $102.9M | $105.9M |
| Cost of revenue | $100.7M | $103.0M | $104.8M | $97.0M | $89.6M | $82.1M | $82.5M | $80.1M | $76.4M | $71.7M | $68.8M | $69.7M |
| Gross profit | $48.5M | $44.1M | $48.3M | $41.0M | $40.1M | $40.7M | $42.6M | $44.7M | $42.4M | $40.2M | $34.1M | $36.2M |
| Sales, general & admin | $36.6M | $33.1M | $34.0M | $26.5M | $29.3M | $25.5M | $25.5M | $25.7M | $26.2M | $26.0M | $23.5M | $21.8M |
| Total operating expenses | $36.6M | $33.1M | $30.0M | $28.0M | $30.7M | $26.6M | $26.7M | $26.9M | $27.5M | $26.0M | $23.5M | $23.2M |
| Operating income | $11.9M | $11.0M | $18.3M | $13.0M | $9.4M | $14.1M | $15.9M | $17.8M | $14.9M | $14.1M | $10.5M | $13.0M |
| Interest expense | $7.4M | $7.7M | $8.0M | $8.7M | $8.1M | $7.7M | $7.7M | $13.5M | $6.5M | $6.4M | $6.7M | $6.7M |
| Income before taxes | $4.4M | $3.4M | $10.1M | $3.7M | $1.3M | $6.4M | $8.3M | $819,000 | $8.3M | $7.7M | $3.9M | $6.2M |
| Income taxes | $2.1M | $1.2M | $2.7M | $1.4M | $823,000 | $1.7M | $1.5M | −$474,000 | $2.3M | $2.2M | $1.2M | $2.3M |
| Net income | $2.0M | $2.1M | $7.3M | $2.3M | $518,000 | $4.8M | $6.8M | $1.3M | $6.0M | $5.5M | $2.7M | $3.9M |
| EBITDA | $18.2M | $17.4M | $25.4M | $18.6M | $14.9M | $18.4M | $20.1M | $18.4M | $19.0M | $18.1M | $14.6M | $16.9M |
| EPS (diluted) | $0.47 | $0.41 | $1.48 | $0.45 | $0.29 | $0.47 | $0.58 | $0.52 | $0.57 | $0.47 | $0.23 | $0.33 |
| Gross margin | 32.5% | 30.0% | 31.5% | 29.7% | 30.9% | 33.2% | 34.1% | 35.8% | 35.7% | 35.9% | 33.1% | 34.1% |
| Operating margin | 8.0% | 7.5% | 12.0% | 9.4% | 7.3% | 11.5% | 12.7% | 14.3% | 12.5% | 12.6% | 10.2% | 12.2% |
| Net margin | 1.4% | 1.4% | 4.8% | 1.7% | 0.4% | 3.9% | 5.4% | 1.0% | 5.1% | 4.9% | 2.7% | 3.6% |
Quarterly columns are labeled by the month the quarter ended. Figures in U.S. dollars as reported in PMTS's financial statements (latest annual report filed March 5, 2026); data from EODHD. Sales, general & administrative expenses include sales and marketing.
PMTS financial results
In fiscal year 2025 (ended December 31, 2025), CPI Card reported revenue of $543.5 million, up 13.1% from the year before. It had net income of $14.9 million (down 23.4%), a net profit margin of 2.8%. Diluted earnings per share came to $2.69. Over five years revenue grew at an average rate of 11.7% a year.
See the PMTS stock overview for the latest quote and news, or the PMTS chart for price history and technical indicators.
PMTS income statement FAQ
What is CPI Card's annual revenue?
CPI Card reported total revenue of $543.5 million for fiscal year 2025, which ended on December 31, 2025. That was up 13.1% from $480.6 million the previous year.
Is CPI Card profitable?
Yes. CPI Card reported net income of $14.9 million in fiscal 2025, a net profit margin of 2.8%; its operating margin was 10.1%.
What is CPI Card's gross margin?
CPI Card's gross margin was 31.3% in fiscal 2025: for every $100 of revenue, CPI Card kept $31 after the direct cost of its products and services.
How fast is CPI Card growing?
Revenue grew 11.7% a year on average over the last five fiscal years, from $312.2 million to $543.5 million.
What are CPI Card's earnings per share?
CPI Card earned $2.69 per diluted share in fiscal 2025, compared with $2.14 a year earlier.
When will CPI Card report its next earnings?
CPI Card is expected to report results for the quarter ending September 30, 2026 on November 3, 2026 before the market opens.
When does CPI Card's fiscal year end?
CPI Card's fiscal year ends in December. The latest annual report covers the year ended December 31, 2025 and was filed on March 5, 2026.