CPI Card Group Kicks Off 2026 with Strong Q1 Results

CPI Card Group kicked off 2026 with robust first quarter results, posting 20% revenue growth to $147 million. Secure Card Solutions led the charge, surging 35% due to $16 million from ArrowEye and strong demand for contactless metal cards and personalization services. Prepaid dipped 17% on order timing, while Integrated Paytech edged up 1%. Adjusted EBITDA rose 9%, and they generated over $10 million in free cash flow, reducing net leverage below 3 times. Theyre expanding their strategy with a proprietary tech platform, deep customer ties, and new payment solutions, including a new Fiserv referral deal for Integrated Paytech. Contactless cards now account for over 90% of debit and credit, offering significant upside in prepaid through pilots like chip-embedded tech with a major retailer. Integration costs from ArrowEye hit $3 million pretax, impacting net income, but margins should rebound with higher volumes and synergies. Overall, theyre on track for a stronger back half and long-term wins in the evolving payments landscape. Support the show:Get a discount at https://solipillow.com/discount/dnn. Advertise on DNN:[email protected] This is an automated, high-level news summary based on public reporting.Report issues to [email protected]. View sources & latest updates:https://sources.thednn.ai/11ef9cc37410022e