CPI Card Group (NASDAQ:PMTS) reported fourth-quarter results on Thursday that surpassed Wall Street’s revenue expectations, fueled by the strategic integration of Arroweye and a surge in contactless card demand.
The Littleton, Colorado-based payments technology provider saw revenue climb 22% to a record $153.1 million, comfortably exceeding the $145.2 million anticipated by analysts.
Despite the top-line strength, quarterly net income grew a modest 9% to $7.4 million, or 62 cents per share, slightly missing the consensus estimate of 65 cents per share due to integration-related expenses.
For the full year 2025, CPI reported total revenue of $543.5 million, up 13% from the previous year.
While adjusted EBITDA rose 5% to $96.5 million, annual net income fell 23% to $15 million, reflecting the heavy costs associated with the Arroweye acquisition and the completion of a new state-of-the-art secure production facility.
Looking ahead to 2026, the company issued an initial outlook projecting high single-digit revenue growth and low-to-mid single-digit adjusted EBITDA growth, led by its newly formed Integrated PayTech segment.