CPI Card Group Q3 revenue rises 15% to $158 million; raises 2026 guidance
CPI Card Group reported third-quarter 2026 revenue of $158.4 million, up 15%, and net income of $5.0 million, or $0.41 per diluted share, compared with $0.19 a year earlier. The company raised its 2026 revenue growth and Free Cash Flow targets for the second straight quarter, and Parallel49 completed the sale of its remaining CPI shares in a secondary offering.
Key points
- Q3 revenue rose 15% to $158.4 million; Adjusted EBITDA rose 17% to $27.5 million.
- Free Cash Flow guidance raised to $50 million to $55 million, from $45 million to $50 million.
- Revenue growth guidance raised to low-double-digit, from high-single-digit to low-double-digit.
- Parallel49 completed a secondary offering of its remaining CPI shares, ending its ownership position.
The filing
Written by AI on Nov 9, 2026, 8:53 AM ET, from this filing only. Written later: this filing was briefed after the fact, when past filings were added to the site, so the brief may be read with hindsight; the filing itself is the record of what was known on November 04, 2026.
Briefs are written by AI from the filing text and can contain mistakes — open the filing before acting on anything. Impact (1-5) and tone are the AI's reading of the filing for shareholders, not a price forecast. Not investment advice.