Flagship explainer

How CPI Card Group Inc. makes its money

Start with a dollar of revenue and follow what the filing says remains.

revenueBranching filed flows with values and percentages directly labeled. Missing filing concepts are omitted rather than estimated.Revenue$544M · 100%Cost of revenue$373M · 69%Gross profit$170M · 31%Operating income$54.8M · 10%Income before tax$21.7M · 4%Income tax$6.7M · 1%Net income$14.9M · 3%As of 2025-12-31 · 1 SEC filing sourceBuy Like Buffett · buylikebuffett.com

Honest partial: the filing did not provide a normalized tag for Research and development, Selling, general and administrative; those components are omitted, not plugged.

Table alternative
Filed lineValue% of revenueSource
$544M100%
Cost of revenue$373M69%
$170M31%
$54.8M10%
Income before tax$21.7M4%
Income tax$6.7M1%
$14.9M3%
Source: · event Dec 31, 2025 · retrieved Jul 26, 2026 · annual-row source set
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