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CPI Card Group Inc. 8-K Filings

PMTS NASDAQ

Every 8-K that CPI Card Group Inc. (PMTS) has filed with the SEC in the last 24 months is listed below, newest first, and each one links through to the document itself with the summary and the scores our analysis gives it.

A 8-K covers material events a company has to report between its quarterly reports, so if you follow PMTS and want that one kind of document rather than the whole filing history, this is the page to keep. The company's other filings, of every form, are on the full PMTS filings page.

Rhea-AI Summary

CPI Card Group Inc. (PMTS) reported that on September 10, 2026 it entered into an Underwriting Agreement with Tricor Pacific Capital Partners (Fund IV) entities as selling stockholders and B. Riley Securities, Inc. for a public secondary offering of 2,337,323 shares of its common stock.

The selling stockholders also granted the underwriters a 30-day option for up to 350,598 additional shares, which was fully exercised on September 11, 2026, and the offering closed on September 14, 2026. CPI Card Group Inc. did not sell any securities in this transaction and will not receive any proceeds from the share sales.

Rhea-AI Summary

CPI Card Group Inc. (PMTS) announced leadership changes in its finance organization. Effective August 24, 2026, Brennan Hughes was appointed Chief Accounting Officer, bringing more than 25 years of finance and accounting experience, including senior roles at Artisan Partners Asset Management and Janus Henderson Group.

Hughes’ compensation includes a $350,000 annual base salary, a target annual short-term incentive of $200,000, and a target annual long-term incentive of $200,000. He will also receive a one-time restricted stock unit grant valued at $100,000, vesting in equal annual installments over three years, and a cash sign-on award of $150,000. On August 20, 2026, Donna Abbey Carmignani ceased serving as Controller and Chief Accounting Officer and became eligible for severance under the company’s existing U.S. Executive Severance and Change in Control Guidelines.

Rhea-AI Summary

CPI Card Group Inc. reported strong second quarter and first half 2026 results and raised its 2026 outlook for revenue growth and Free Cash Flow. Second quarter revenue increased 15% to $149.2 million, driven mainly by Secure Card Solutions. Net income rose 294% to $2.0 million (diluted EPS $0.17), and Adjusted EBITDA grew 7% to $24.1 million.

For the first half of 2026, revenue reached a company record of $296.3 million, up 17.3%. Net income declined 22.6% to $4.1 million due to integration and restructuring costs, while Adjusted EBITDA increased 8.2% to $47.2 million. Free Cash Flow surged to a record $36.1 million from $0.8 million a year earlier, and operating cash flow rose to $42.1 million. The Net Leverage Ratio improved to 2.7x, with total debt of $295.6 million, and the company redeemed $26.5 million of Senior Notes in July.

Secure Card Solutions revenue grew 17% in the quarter to $110.9 million, while Prepaid Solutions rose 18% in Q2 but declined 2.7% for the half. Integrated Paytech grew modestly. CPI acquired TRISM, effectively doubling its U.S. instant issuance addressable market and expanding to serve more than 3,000 financial institutions. 2026 guidance now calls for high-single to low-double-digit revenue growth, low-to-mid single-digit Adjusted EBITDA growth, Free Cash Flow of $45–$50 million, year-end Net Leverage of 2.5x–3.0x, and approximately 20% Integrated Paytech revenue growth.

Rhea-AI Summary

CPI Card Group Inc. plans to redeem $26.5 million of its outstanding $265.0 million 10.000% senior secured notes due 2029. The notes are scheduled to be redeemed on July 15, 2026 at a redemption price of 103.000% of par plus accrued and unpaid interest, in line with the indenture governing these notes.

Rhea-AI Summary

CPI Card Group Inc. appointed Terra Grantham as Chief Financial Officer effective June 29, 2026. She had been Interim CFO since February 2026 and joined the company in 2017, holding senior roles in strategy, finance, and transformation.

Her compensation includes a $450,000 annual base salary, a 2026 target short-term incentive of $275,000, and a target annual long-term incentive of $400,000. She also received a one-time restricted stock unit award valued at $300,000 on June 30, 2026, vesting in equal annual installments over three years, generally contingent on continued service.

The company issued a press release on July 1, 2026 highlighting Grantham’s background in enterprise strategy, capital allocation, and mergers and acquisitions, and positioning her as a key partner to the CEO, Board, and other stakeholders as CPI pursues growth in physical and digital payment solutions.

Rhea-AI Summary

CPI Card Group Inc. reported the results of its 2026 annual stockholder meeting held on May 21, 2026. Stockholders elected eight directors to one-year terms, with each nominee receiving around 7.9 to 8.0 million votes in favor and over 1.3 million broker non-votes recorded.

Stockholders ratified KPMG LLP as independent registered public accounting firm for the year ending December 31, 2026, with 9,311,972 votes for, 35,496 against, and 64,188 abstentions. They also approved, on an advisory basis, the compensation of the named executive officers, with 7,593,414 votes for, 212,506 against, 259,252 abstentions, and 1,346,484 broker non-votes.

Rhea-AI Summary

CPI Card Group Inc. reported first quarter 2026 results with strong top-line growth but lower profitability. Revenue rose 20% to $147.1 million, driven by the Arroweye acquisition and higher sales of contactless cards and personalization services. Net income declined 57% to $2.1 million, or $0.17 diluted EPS, mainly due to $3.0 million of Arroweye integration costs. Adjusted EBITDA increased 9% to $23.2 million, and Adjusted EBITDA margin was 15.7%. Free Cash Flow improved sharply to $10.1 million from $0.3 million, supported by stronger working capital management and lower capital spending. As of March 31, 2026, CPI held $19.3 million of cash, total debt of $311.3 million, and reported a Net Leverage Ratio of 3.0x. The company affirmed its 2026 outlook, calling for high single-digit revenue growth and low-to-mid single-digit Adjusted EBITDA growth.

Rhea-AI Summary

CPI Card Group Inc. reported strong fourth quarter 2025 results and mixed full-year performance, alongside a new segment structure and 2026 outlook. Fourth quarter revenue rose 22% to $153.1 million, with net income up 9% to $7.4 million and Adjusted EBITDA up 34% to $29.4 million.

For 2025, revenue grew 13% to $543.5 million, while net income declined 23% to $15.0 million or $1.25 diluted EPS, reflecting Arroweye acquisition and integration costs and a higher tax rate. Full-year Adjusted EBITDA increased 5% to $96.5 million, and operating cash flow improved to $59.5 million, generating Free Cash Flow of $41.3 million.

The company closed 2025 with $21.7 million of cash, $265 million of 10% senior secured notes due 2029, and $25 million drawn on its ABL revolver, for a Net Leverage Ratio of 3.1x. It implemented a new three-unit operating and reporting structure and projects high single-digit revenue growth and low-to-mid single-digit Adjusted EBITDA growth in 2026, led by more than 15% targeted revenue growth in its Integrated Paytech segment.

Rhea-AI Summary

CPI Card Group Inc. announced that Chief Financial Officer Jeffrey Hochstadt has ceased serving as CFO effective February 13, 2026, and will remain with the company in an advisory role through June 30, 2026 to support the transition. After his departure, he will be eligible for severance under the company’s existing U.S. Executive Severance and Change in Control Guidelines, as previously described in its 2025 proxy statement.

The company also appointed Terra Grantham, age 55 and currently Senior Vice President, Enterprise Strategy and Growth, as Interim Chief Financial Officer effective February 13, 2026, in addition to her current responsibilities. She is a long-time internal executive with over 25 years of experience in senior finance, strategy, and product roles. There are no family relationships or related-party transactions disclosed, and as of this filing date there have been no material changes to her existing compensation in connection with the interim CFO appointment.

Rhea-AI Summary

CPI Card Group (PMTS) furnished an 8-K announcing financial results for the quarter ended September 30, 2025 and a public conference call on November 4, 2025. The call will feature President & CEO John Lowe and CFO Jeffrey Hochstadt.

The company attached a press release as Exhibit 99.1 and a presentation as Exhibit 99.2. The materials under Items 2.02 and 7.01 are furnished, not filed.

Rhea-AI Summary

CPI Card Group Inc. (PMTS) filed a Form 8-K on 8 Aug 2025 to furnish its second-quarter 2025 earnings information. Under Item 2.02, the company attached Exhibit 99.1, a press release summarizing results for the quarter ended 30 Jun 2025. Under Item 7.01, management—CEO John Lowe and CFO Jeffrey Hochstadt—will host a public conference call and webcast on the same day, supported by the slide presentation in Exhibit 99.2. The filing also lists Exhibit 104, the cover-page Inline XBRL data.

The company explicitly states that the materials furnished under Items 2.02 and 7.01 are not deemed “filed” for purposes of the Exchange Act and may not be incorporated by reference in future filings unless specifically noted. No financial metrics, guidance or transaction details appear within the 8-K itself; investors must review the attached exhibits or listen to the webcast for quantitative results.