Highlights

  • First quarter fiscal 2027 Revenue rose 8% to USD 934.1 million.
  • Adjusted EBITDA was USD 89.8 million, down 9% from a year ago.
  • VistaPrint organic constant currency growth was 2%.
  • Fiscal 2027 guidance was maintained at Adjusted EBITDA of at least USD 520 million.

Cimpress plc (NASDAQ:CMPR) shares fell 8.62% to USD 56.59 on November 6, 2026, trading near their 52-week low. The company reported first quarter fiscal 2027 revenue of USD 934.1 million against USD 863.3 million, an 8% increase, and a net loss of USD 1.0 million against Net Income of USD 6.5 million.

Cimpress has a market Capitalization of about USD 1.39 billion and a price to Earnings ratio of 16.82. It had 24,620,977 ordinary shares outstanding as of October 26, 2026.

First Quarter Results

Income from operations was USD 26.0 million against USD 49.0 million. Net loss attributable to Cimpress plc was USD 2.7 million against net income of USD 7.6 million, and loss per share was USD 0.11 against diluted earnings of USD 0.30. Adjusted EBITDA was USD 89.8 million, down 9%, which management tied mostly to the cost of building out its North American Manufacturing network. Adjusted free Cash Flow was an outflow of USD 9.3 million, an improvement of USD 8.5 million from last year.

Management Commentary

Management said first quarter results were below its expectations. VistaPrint organic constant currency growth was 2%, with strength in promotional products, Marketing materials and packaging. Management said energy related input costs net of pricing were USD 1.8 million higher, and that it expects growth to build from the second quarter through the rest of fiscal 2027 and into fiscal 2028.

Guidance

The company maintained fiscal 2027 guidance of reported revenue growth of at least 7%, organic constant currency growth of at least 3%, Adjusted EBITDA of at least USD 520 million and adjusted free cash flow of approximately USD 200 million. Management said it set the guidance below its internal plan, and that the bridge from fiscal 2026 Adjusted EBITDA of USD 459 million requires organic growth to improve. For fiscal 2028 it targets organic constant currency growth of 4% to 6%, Adjusted EBITDA of at least USD 615 million and about 45% conversion to adjusted free cash flow.

Acquisition and Balance Sheet

Business acquisitions, net of cash acquired, were USD 131.6 million in the quarter. The company ended the quarter with USD 120 million in cash and USD 35 million drawn on its USD 250 million revolver, which partially funded the acquisition. A sale leaseback of the acquired Facility is expected, and the Leverage calculation does not reflect its proceeds. Net cash provided by Operating Activities was USD 28.9 million against USD 25.1 million, and the shareholders' Deficit attributable to Cimpress plc was USD 499.3 million.