GPGI (GPGI)
NYSE:GPGI
Earnings Data
Report Date
May 11, 2026After Close (Confirmed)
Period Ending
2026 (Q1)Consensus EPS Forecast
0.17Last Year’s EPS
0.25Same Quarter Last Year
Moderate Buy
Based on 1 Analysts Ratings
Earnings Call Summary
Earnings Call Sentiment|Positive
The call emphasized strong operational and financial momentum at CompoSecure (notable revenue, margin and EBITDA expansion), durable recurring revenue streams, and a clear platform strategy with ROS deployment. Husky delivered revenue growth and has a large installed base and aftermarket opportunity, but experienced meaningful margin compression in 2025 from mix, investment spend and ramp inefficiencies that are expected to be transient. Management provided constructive FY2026 pro forma guidance with mid-single to double-digit growth cadence and explicit leverage/CAPEX discipline. On balance, positive early results at CompoSecure, clear turnaround/optimization plans for Husky, and confident guidance and capital allocation priorities outweigh the near-term Husky headwinds and structural accounting complexities.Company Guidance
Strong CompoSecure Top-Line Growth
CompoSecure non-GAAP net sales of $462.1M for fiscal 2025, up ~9.9% year-over-year; Q4 net sales of $117.7M, up ~17% year-over-year.
CompoSecure Margin and EBITDA Expansion
CompoSecure FY2025 pro forma adjusted EBITDA of ~$171M, up ~24% year-over-year with pro forma adjusted EBITDA margin ~36.9% (expanding >400 bps). Q4 pro forma adjusted EBITDA was ~$43M, up ~41% YoY; Q4 pro forma adjusted EBITDA margin ~36.5% (up ~640 bps). Gross margin improved to ~56.3% for FY2025 (up ~420 bps) and Q4 gross margin 55.7% (up ~360 bps).
Recurring Revenue and Installed Base Momentum at CompoSecure
Approximately 75% of CompoSecure revenue is recurring (replacement/reissue cycles). Over the past 4 years CompoSecure shipped ~123M metal cards and shipped >30M cards during 2025, supporting predictable replacement demand.
Husky Revenue Growth and Large Installed Base
Husky Q4 net sales of $521M, up >6% YoY; FY2025 net sales of ~$1.57B, up ~5% YoY. Installed base of ~13,500 systems with ~65% of sales from higher-margin recurring aftermarket parts and services; aftermarket lifetime revenue ~2-3x initial system sale.
Platform Strategy and ROS Implementation
GPGI launched as a permanent-capital platform applying the Resolute operating system (ROS) to spur mid- to high-single-digit organic growth, >100 bps annual margin expansion, double-digit EBITDA growth and 90-100% FCF conversion over time; early ROS results evident at CompoSecure and initial deployment underway at Husky.
2026 Pro Forma Guidance and Cash Generation
GPGI pro forma FY2026 guidance: non-GAAP net sales $2.18B–$2.23B, pro forma adjusted EBITDA $620M–$650M, pro forma adjusted free cash flow $325M–$375M. Midpoint implies ~8.5% revenue growth and ~17% adjusted EBITDA growth with ~29% pro forma adjusted EBITDA margin.
Capital Allocation and Leverage Discipline
Management expects total leverage to be brought below ~3x and stated priority to pay down debt before share repurchases.
Product and Technology Extensions
CompoSecure scaling Arculus (multi-factor authentication embedded in metal cards) as a growing revenue contributor; Husky driving digital/remote offerings (Advantage+Elite) to increase uptime, service contract revenues and spare-part sales.
GPGI Earnings History
The table shows recent earnings report dates and whether the forecast was beat or missed. See the change in forecast and EPS from the previous year.
Beat
Missed
GPGI Earnings-Related Price Changes
Report Date | Price 1 Day Before | Price 1 Day After | Percentage Change |
|---|---|---|---|
Mar 12, 2026 | $19.74 | $17.55 | -11.09% |
Nov 03, 2025 | $19.86 | $20.54 | +3.42% |
Aug 07, 2025 | $14.40 | $17.53 | +21.74% |
May 12, 2025 | $11.89 | $12.28 | +3.28% |
Earnings announcements can affect a stock’s price. This table shows the stock's price the day before and the day after recent earnings reports, including the percentage change.
FAQ
When does GPGI (GPGI) report earnings?
GPGI (GPGI) is schdueled to report earning on May 11, 2026, After Close (Confirmed).
What is GPGI (GPGI) earnings time?
GPGI (GPGI) earnings time is at May 11, 2026, After Close (Confirmed).
Where can I see when companies are reporting earnings?
You can see which companies are reporting today on our designated earnings calendar.
What companies are reporting earnings today?
You can see a list of the companies which are reporting today on TipRanks earnings calendar.
What is GPGI EPS forecast?
GPGI EPS forecast for the fiscal quarter 2026 (Q1) is 0.17.