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Side-by-side financial comparison of Claritev Corp (CTEV) and CPI Card Group Inc. (PMTS). Click either name above to swap in a different company.
Claritev Corp is the larger business by last-quarter revenue ($246.6M vs $153.1M, roughly 1.6× CPI Card Group Inc.). CPI Card Group Inc. runs the higher net margin — 4.8% vs -32.7%, a 37.5% gap on every dollar of revenue. On growth, CPI Card Group Inc. posted the faster year-over-year revenue change (22.3% vs 6.2%). Claritev Corp produced more free cash flow last quarter ($36.4M vs $35.2M). Over the past eight quarters, CPI Card Group Inc.'s revenue compounded faster (16.9% CAGR vs 2.5%).
CPI Card Group Inc. is a leading provider of payment card production and associated solutions, including contactless and contact credit/debit cards, prepaid cards, and card personalization services. It primarily serves financial institutions, fintech firms, and retail brands across its core North American market.
CTEV vs PMTS — Head-to-Head
Income Statement — Q4 FY2025 vs Q4 FY2025
| Metric | | |
|---|---|---|
| Revenue | $246.6M | $153.1M |
| Net Profit | $-80.6M | $7.3M |
| Gross Margin | — | 31.5% |
| Operating Margin | -3.1% | 12.0% |
| Net Margin | -32.7% | 4.8% |
| Revenue YoY | 6.2% | 22.3% |
| Net Profit YoY | 41.6% | 8.5% |
| EPS (diluted) | $-4.88 | $0.62 |
Green = leading value per metric. Periods may differ when fiscal calendars don't align.
8-Quarter Revenue & Profit Trend
Side-by-side quarterly history. Quarters aligned by calendar period so offset fiscal years line up.
| Q4 25 | $246.6M | $153.1M | ||
| Q3 25 | $246.0M | $138.0M | ||
| Q2 25 | $241.6M | $129.8M | ||
| Q1 25 | $231.3M | $122.8M | ||
| Q4 24 | $232.1M | $125.1M | ||
| Q3 24 | $230.5M | $124.8M | ||
| Q2 24 | $233.5M | $118.8M | ||
| Q1 24 | $234.5M | $111.9M |
| Q4 25 | $-80.6M | $7.3M | ||
| Q3 25 | $-69.8M | $2.3M | ||
| Q2 25 | $-62.6M | $518.0K | ||
| Q1 25 | $-71.3M | $4.8M | ||
| Q4 24 | $-138.0M | $6.8M | ||
| Q3 24 | $-391.4M | $1.3M | ||
| Q2 24 | $-576.7M | $6.0M | ||
| Q1 24 | $-539.7M | $5.5M |
| Q4 25 | — | 31.5% | ||
| Q3 25 | — | 29.7% | ||
| Q2 25 | — | 30.9% | ||
| Q1 25 | — | 33.2% | ||
| Q4 24 | — | 34.1% | ||
| Q3 24 | — | 35.8% | ||
| Q2 24 | — | 35.7% | ||
| Q1 24 | — | 37.1% |
| Q4 25 | -3.1% | 12.0% | ||
| Q3 25 | 4.1% | 9.4% | ||
| Q2 25 | 6.9% | 7.3% | ||
| Q1 25 | 4.2% | 11.5% | ||
| Q4 24 | -17.8% | 12.7% | ||
| Q3 24 | -146.7% | 14.3% | ||
| Q2 24 | -224.4% | 12.5% | ||
| Q1 24 | -207.4% | 12.6% |
| Q4 25 | -32.7% | 4.8% | ||
| Q3 25 | -28.4% | 1.7% | ||
| Q2 25 | -25.9% | 0.4% | ||
| Q1 25 | -30.8% | 3.9% | ||
| Q4 24 | -59.4% | 5.4% | ||
| Q3 24 | -169.8% | 1.0% | ||
| Q2 24 | -247.0% | 5.1% | ||
| Q1 24 | -230.1% | 4.9% |
| Q4 25 | $-4.88 | $0.62 | ||
| Q3 25 | $-4.23 | $0.19 | ||
| Q2 25 | $-3.81 | $0.04 | ||
| Q1 25 | $-4.38 | $0.40 | ||
| Q4 24 | $-8.49 | $0.56 | ||
| Q3 24 | $-24.25 | $0.11 | ||
| Q2 24 | $-35.78 | $0.51 | ||
| Q1 24 | $-33.40 | $0.46 |
Balance Sheet & Financial Strength
Snapshot of each company's liquidity, leverage and book value from the latest quarter.
| Metric | | |
|---|---|---|
| Cash + ST InvestmentsLiquidity on hand | $16.8M | $21.7M |
| Total DebtLower is stronger | $4.6B | $286.7M |
| Stockholders' EquityBook value | $-173.9M | $-17.3M |
| Total Assets | $4.9B | $403.2M |
| Debt / EquityLower = less leverage | — | — |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $16.8M | $21.7M | ||
| Q3 25 | $39.2M | $16.0M | ||
| Q2 25 | $56.4M | $17.1M | ||
| Q1 25 | $23.1M | $31.5M | ||
| Q4 24 | $16.8M | $33.5M | ||
| Q3 24 | $86.6M | $14.7M | ||
| Q2 24 | $48.8M | $7.5M | ||
| Q1 24 | $58.7M | $17.1M |
| Q4 25 | $4.6B | $286.7M | ||
| Q3 25 | $4.5B | $308.4M | ||
| Q2 25 | $4.5B | $310.9M | ||
| Q1 25 | $4.5B | $280.7M | ||
| Q4 24 | $4.5B | $280.4M | ||
| Q3 24 | $4.5B | $280.2M | ||
| Q2 24 | $4.5B | $269.7M | ||
| Q1 24 | $4.5B | $265.3M |
| Q4 25 | $-173.9M | $-17.3M | ||
| Q3 25 | $-101.8M | $-25.7M | ||
| Q2 25 | $-39.9M | $-29.0M | ||
| Q1 25 | $14.8M | $-29.7M | ||
| Q4 24 | $84.0M | $-35.6M | ||
| Q3 24 | $207.6M | $-42.8M | ||
| Q2 24 | $603.4M | $-44.6M | ||
| Q1 24 | $1.2B | $-48.5M |
| Q4 25 | $4.9B | $403.2M | ||
| Q3 25 | $5.0B | $407.1M | ||
| Q2 25 | $5.1B | $399.8M | ||
| Q1 25 | $5.1B | $351.9M | ||
| Q4 24 | $5.2B | $349.7M | ||
| Q3 24 | $5.3B | $342.3M | ||
| Q2 24 | $5.7B | $321.4M | ||
| Q1 24 | $6.4B | $319.8M |
| Q4 25 | — | — | ||
| Q3 25 | — | — | ||
| Q2 25 | — | — | ||
| Q1 25 | 304.87× | — | ||
| Q4 24 | 53.67× | — | ||
| Q3 24 | 21.73× | — | ||
| Q2 24 | 7.48× | — | ||
| Q1 24 | 3.85× | — |
Cash Flow & Capital Efficiency
How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.
| Metric | | |
|---|---|---|
| Operating Cash FlowLast quarter | $66.3M | $39.6M |
| Free Cash FlowOCF − Capex | $36.4M | $35.2M |
| FCF MarginFCF / Revenue | 14.8% | 23.0% |
| Capex IntensityCapex / Revenue | 12.1% | 2.9% |
| Cash ConversionOCF / Net Profit | — | 5.39× |
| TTM Free Cash FlowTrailing 4 quarters | $-12.3M | $41.3M |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $66.3M | $39.6M | ||
| Q3 25 | $19.9M | $10.0M | ||
| Q2 25 | $61.2M | $4.3M | ||
| Q1 25 | $-30.1M | $5.6M | ||
| Q4 24 | $-33.4M | $26.7M | ||
| Q3 24 | $72.8M | $12.5M | ||
| Q2 24 | $18.5M | $-4.8M | ||
| Q1 24 | $49.7M | $8.9M |
| Q4 25 | $36.4M | $35.2M | ||
| Q3 25 | $-16.3M | $5.3M | ||
| Q2 25 | $36.6M | $533.0K | ||
| Q1 25 | $-68.9M | $292.0K | ||
| Q4 24 | $-63.8M | $21.6M | ||
| Q3 24 | $41.1M | $11.1M | ||
| Q2 24 | $-7.0M | $-6.0M | ||
| Q1 24 | $19.2M | $7.4M |
| Q4 25 | 14.8% | 23.0% | ||
| Q3 25 | -6.6% | 3.8% | ||
| Q2 25 | 15.2% | 0.4% | ||
| Q1 25 | -29.8% | 0.2% | ||
| Q4 24 | -27.5% | 17.3% | ||
| Q3 24 | 17.8% | 8.9% | ||
| Q2 24 | -3.0% | -5.0% | ||
| Q1 24 | 8.2% | 6.6% |
| Q4 25 | 12.1% | 2.9% | ||
| Q3 25 | 14.7% | 3.4% | ||
| Q2 25 | 10.2% | 2.9% | ||
| Q1 25 | 16.8% | 4.3% | ||
| Q4 24 | 13.1% | 4.0% | ||
| Q3 24 | 13.8% | 1.2% | ||
| Q2 24 | 10.9% | 1.0% | ||
| Q1 24 | 13.0% | 1.3% |
| Q4 25 | — | 5.39× | ||
| Q3 25 | — | 4.32× | ||
| Q2 25 | — | 8.39× | ||
| Q1 25 | — | 1.17× | ||
| Q4 24 | — | 3.94× | ||
| Q3 24 | — | 9.70× | ||
| Q2 24 | — | -0.79× | ||
| Q1 24 | — | 1.63× |
Financial Flow Comparison
Revenue → gross profit → operating profit → net profit for each company.
Revenue Breakdown by Segment
CTEV
Segment breakdown not available.
PMTS
| US Debit And Credit | $128.9M | 84% |
| US Prepaid Debit | $24.4M | 16% |
