CPI Card Group Inc. filed its quarterly report on Form 10-Q with the SEC on November 4, 2026, covering the fiscal quarter ended September 30, 2026, reporting higher revenue and net income compared to the same period a year earlier.

Key Highlights

  • Revenue of $158.4 million for the three months ended September 30, 2026, up from $137.97 million in the same quarter of 2025, according to the filing.
  • Net income of $5.019 million for Q3 2026, compared to $2.308 million in Q3 2025, as reported in the condensed consolidated statements of operations.
  • Diluted earnings per share of $0.41 for the third quarter of 2026, versus $0.19 in the prior-year quarter.
  • Nine-month revenue of $454.646 million for the period ended September 30, 2026, compared to $390.480 million for the same period in 2025.
  • Long-term debt decreased to $251.135 million at September 30, 2026, from $286.668 million at December 31, 2025.
  • Cash provided by operating activities was $57.252 million for the nine months ended September 30, 2026, versus $19.911 million for the comparable 2025 period.
  • 11,632,292 shares of common stock outstanding as of October 23, 2026, per the cover page of the filing.

CPI Card Group Reports Higher Sales and Earnings for Third Quarter 2026

CPI Card Group Inc. (NASDAQ:PMTS), headquartered in Littleton, Colorado, reported third-quarter 2026 revenue of $158.357 million, an increase from $137.966 million in the third quarter of 2025, according to the condensed consolidated statements of operations included in the filing. Gross profit for the quarter was $50.252 million, compared to $40.993 million a year earlier. Selling, general and administrative expenses were $34.597 million in Q3 2026, rising from $27.975 million in Q3 2025. Income from operations totaled $15.655 million for the quarter, versus $13.018 million in the prior-year period.

For the nine months ended September 30, 2026, the company disclosed net income of $9.115 million on revenue of $454.646 million, compared to net income of $7.600 million on revenue of $390.480 million for the nine months ended September 30, 2025. Basic earnings per share for the nine-month period were $0.79 in 2026, up from $0.67 in 2025. Diluted weighted-average shares outstanding for the nine months ended September 30, 2026 were 12,050,670, according to the filing.

On the balance sheet, total assets were $384.853 million at September 30, 2026, compared to $403.191 million at December 31, 2025. The company reported a total stockholders' deficit of $7.031 million at September 30, 2026, an improvement from a deficit of $17.333 million at December 31, 2025. The filing disclosed that cash and cash equivalents stood at $15.177 million at September 30, 2026, down from $21.700 million at year-end 2025. Capital expenditures for plant, equipment, and leasehold improvements totaled $11.103 million for the nine months ended September 30, 2026, per the cash flow statement.

What Was Disclosed

CPI Card Group filed its Form 10-Q for the quarter ended September 30, 2026, disclosing revenue, earnings, balance sheet, and cash flow data for both the three- and nine-month periods, along with share count and capital structure information.