CPI Card Group reported second quarter 2026 revenue growth of 15% to $149 million and raised its full-year revenue growth and free cash flow guidance. Adjusted EBITDA increased 7% to $24 million, and the company generated a record first-half free cash flow of $36 million. The company also completed the acquisition of TRISM, an instant issuance solution, which is expected to increase Integrated Paytech segment growth to approximately 20% in 2026. Net leverage was reduced to 2.7x, and $26.5 million of senior notes were redeemed after quarter end. Full-year free cash flow guidance was raised to $45 million to $50 million, while adjusted EBITDA growth guidance was maintained at low to mid-single digits.
CPI Card Group IncRaises 2026 revenue and FCF guidance, reports strong Q2 growth, completes TRISM acquisition, and reduces leverage.
