Headquartered in Littleton, CO Fiscal year ends December NASDAQ: PMTS cpicardgroup.com
CPI Card Group Inc. (Nasdaq: PMTS) is a payments technology company that provides physical and digital payment solutions to thousands of U.S. financial institutions, processors, fintechs, prepaid program managers and others. It reports three segments:
- Secure Card Solutions: manufactures and personalizes payment cards, including contactless cards, and includes the Arroweye business acquired in May 2025.
- Prepaid Solutions: provides closed loop and open loop prepaid payment solutions and packaging.
- Integrated Paytech: includes cloud-based solutions such as Card@Once instant issuance and the TRISM on-premise instant issuance solution acquired in June 2026.
The company is also expanding its digital offerings, including cloud-based Push Provisioning for card tokenization. It holds a 20% equity stake in Karta, an Australian payments technology firm, to bring chip-embedded payment technology to the U.S. market. CPI carries significant debt, including 10% Senior Secured Notes due 2029. Its stated capital allocation priorities are investing in the business (including M&A), deleveraging and returning capital to shareholders. Updated
The EPS miss is loaded with acquisition, restructuring and secondary-offering charges, while the operating business raised 2026 revenue and free cash flow guidance for a second straight quarter. Free cash flow hit $46.1 million year to date against $6.1 million a year earlier, with all three segments growing double digits.
CPI Card Group Inc. (Nasdaq: PMTS) is a payments technology company that provides physical and digital payment solutions to thousands of U.S. financial institutions, processors, fintechs, prepaid program managers and others.
The Wall Street consensus 12-month price target for PMTS is $32.50.