GPGI Profit rallies 189% as Husky merger transforms platform scale

GPGI (NYSE:GPGI) delivered a robust performance for the fourth quarter of 2025, characterized by significant margin expansion and the completion of its transition into a multi-industry permanent capital platform.

The New York-based company reported GAAP net income of $43 million for the quarter, a 189% increase compared to the prior-year period.

Pro forma adjusted EBITDA rose 41% to $43 million, yielding a margin of 36.5%—an improvement of 640 basis points.

For the full year, GPGI recorded pro forma adjusted EBITDA of $171 million on revenue of $462 million, despite a GAAP net loss of $136 million primarily tied to one-time transaction and rebranding costs.

The quarter was defined by the finalized combination with Husky Technologies and a corporate rebrand from CompoSecure to GPGI.

Following the merger, the company successfully refinanced its debt to extend maturities and initiated its first-ever quarterly cash dividend of $0.0025 per share, payable to stockholders of record as of March 31, 2026.

Leadership transitions also took center stage as the company shifts into execution mode.

GPGI confirmed the appointments of Graham Robinson as President and CEO of CompoSecure and Robert Domodossola as President and CEO of Husky Technologies.

Under this new structure, both units will operate independently while utilizing the Resolute Operating System to drive efficiency.

Looking ahead, GPGI provided aggressive pro forma guidance for fiscal year 2026 that reflects the full-year contribution of Husky.

The company expects net sales between $2.18 billion and $2.23 billion, with adjusted EBITDA forecasted at $620 million to $650 million.