Cpi Card Group Inc. · NASDAQ:PMTS
Cpi Card — Q3 2026 Earnings Presentation
13 slides from Cpi Card's earnings presentation, Nov 4, 2026
Slide 1: Q3 2026 Earnings Presentation
Q3 2026 Earnings Presentation John Lowe President & Chief Executive Officer Terra Grantham Chief Financial Officer
Slide 2: Cautionary Statements
Cautionary Statements Forward Looking Statements Certain statements and information in this presentation (as well as information included in other written or oral statements we make from time to time) may contain or constitute “forward-looking statements” within the meaning of the Private Securities
Slide 3: Strong Q3 Results Exceeded Expectations
3 Strong Q3 Results Exceeded Expectations Increasing Revenue and Free Cash Flow Guidance For Second Consecutive Quarter; Affirming All Other Targets 1) Adjusted EBITDA, Free Cash Flow, and Net Leverage Ratio are not measurements of financial performance prepared in accordance with GAAP. See “Reconci
Slide 4: Our Strategy is Accelerating Growth & Diversification
CPI is focused on delivering long-term profitable growth through these growth pillars Our Strategy is Accelerating Growth & Diversification Proprietary Technology Platform Marketable Customer Base Evolving Payment Solutions An end-to-end payment credential platform enabling seamless connectivity acr
Slide 5: Financial Results
Q3 2026 Financial Results Se cpi.
Slide 6: Q3 2026 Financial Highlights
$138.0 $158.4 Q3 2025 Q3 2026 $41.0 $50.3 Q3 2025 Q3 2026 $23.4 $27.5 Q3 2025 Q3 2026 6 Q3 2026 Financial Highlights 1) Adjusted EBITDA and Adjusted EBITDA margin are not measurements of financial performance prepared in accordance with GAAP. See “Reconciliations of Non-GAAP Financial Measures” at t
Slide 7: Segment Revenue Performance
$275.5 $332.6 YTD 2025 YTD 2026 $69.3 $71.6 YTD 2025 YTD 2026 $58.1 $63.0 YTD 2025 YTD 2026 $19.5 $23.5 Q3 2025 Q3 2026 $99.2 $111.9 Q3 2025 Q3 2026 $23.3 $26.9 Q3 2025 Q3 2026 7 Segment Revenue Performance Th ir d Q ua rt er Ye ar -t o- D at e1 Secure Card Solutions Prepaid Solutions Integrated Pay
Slide 8: Improving Balance Sheet With Healthy Liquidity
$74.7 $74.5 $21.7 $15.2 Q4 2025 Q3 2026 8 Improving Balance Sheet With Healthy Liquidity Free Cash Flow1 $USD millions Available Liquidity2 $USD millions Net Leverage Ratio2 1) Free Cash Flow is not a measurement of financial performance prepared in accordance with GAAP. See “Reconciliations of Non-
Slide 9: 2026 Outlook
9 November 2026 August 2026 Revenue Growth Low-double-digit growth High-single to low- double-digit growth Adj. EBITDA1 Low-to-mid single-digit growth Low-to-mid single-digit growth Free Cash Flow1 $50 – $55 million $45 – $50 million Year-end Net Leverage Ratio1 Between 2.5x – 3.0x (Expect to be tow
Slide 10: Contacts
Contacts Davis Barker Head of Investor Relations & Corporate Development (877) 369-9016 [email protected] 10
Slide 11: Reconciliations of Non-GAAP Financial Measures
Reconciliations of Non-GAAP Financial Measures Adjusted EBITDA and Adjusted EBITDA Margin EBITDA represents earnings before interest, taxes, depreciation and amortization. Adjusted EBITDA is defined as EBITDA (which represents earnings before interest, taxes, depreciation and amortization) adjusted
Slide 12: LTM Adjusted EBITDA and Free Cash Flow Reconciliations
LTM Adjusted EBITDA We define LTM Adjusted EBITDA as adjusted EBITDA (defined previously) for the last twelve months. Free Cash Flow We define Free Cash Flow as cash flow from operating activities less capital expenditures. We use this metric in analyzing our ability to service and repay our debt. H
Slide 13: Net Leverage Ratio
Net Leverage Ratio Management and various investors use the ratio of debt principal outstanding, plus finance lease obligations, less cash divided by LTM Adjusted EBITDA, or “Net Leverage Ratio,” as a measure of our financial strength when making key investment decisions and evaluating us against pe