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Side-by-side financial comparison of Forestar Group Inc. (FOR) and CPI Card Group Inc. (PMTS). Click either name above to swap in a different company.
Forestar Group Inc. is the larger business by last-quarter revenue ($273.0M vs $153.1M, roughly 1.8× CPI Card Group Inc.). Forestar Group Inc. runs the higher net margin — 5.6% vs 4.8%, a 0.8% gap on every dollar of revenue. On growth, CPI Card Group Inc. posted the faster year-over-year revenue change (22.3% vs 9.0%). CPI Card Group Inc. produced more free cash flow last quarter ($35.2M vs $-157.1M). Over the past eight quarters, CPI Card Group Inc.'s revenue compounded faster (16.9% CAGR vs -9.6%).
Forestar Group Inc. is a residential lot development company based in Arlington, Texas. The company has operations in 51 markets in 21 states and delivered 11,518 residential lots during the twelve-month period ended December 31, 2020. The company is publicly traded on the New York Stock Exchange and in October 2017 became a majority-owned subsidiary of D.R. Horton, Inc., the largest homebuilder by volume in the United States since 2002. The company primarily acquires entitled real estate and...
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.
FOR vs PMTS — Head-to-Head
Income Statement — Q1 FY2026 vs Q4 FY2025
| Metric | | |
|---|---|---|
| Revenue | $273.0M | $153.1M |
| Net Profit | $15.4M | $7.3M |
| Gross Margin | 20.1% | 31.5% |
| Operating Margin | 7.6% | 12.0% |
| Net Margin | 5.6% | 4.8% |
| Revenue YoY | 9.0% | 22.3% |
| Net Profit YoY | -6.7% | 8.5% |
| EPS (diluted) | $0.30 | $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 | $273.0M | $153.1M | ||
| Q3 25 | $670.5M | $138.0M | ||
| Q2 25 | $390.5M | $129.8M | ||
| Q1 25 | $351.0M | $122.8M | ||
| Q4 24 | $250.4M | $125.1M | ||
| Q3 24 | $551.3M | $124.8M | ||
| Q2 24 | $318.4M | $118.8M | ||
| Q1 24 | $333.8M | $111.9M |
| Q4 25 | $15.4M | $7.3M | ||
| Q3 25 | $86.9M | $2.3M | ||
| Q2 25 | $32.9M | $518.0K | ||
| Q1 25 | $31.6M | $4.8M | ||
| Q4 24 | $16.5M | $6.8M | ||
| Q3 24 | $81.5M | $1.3M | ||
| Q2 24 | $38.7M | $6.0M | ||
| Q1 24 | $45.0M | $5.5M |
| Q4 25 | 20.1% | 31.5% | ||
| Q3 25 | 22.3% | 29.7% | ||
| Q2 25 | 20.4% | 30.9% | ||
| Q1 25 | 22.6% | 33.2% | ||
| Q4 24 | 22.0% | 34.1% | ||
| Q3 24 | 23.9% | 35.8% | ||
| Q2 24 | 22.5% | 35.7% | ||
| Q1 24 | 24.9% | 37.1% |
| Q4 25 | 7.6% | 12.0% | ||
| Q3 25 | 16.9% | 9.4% | ||
| Q2 25 | 11.2% | 7.3% | ||
| Q1 25 | 11.6% | 11.5% | ||
| Q4 24 | 8.7% | 12.7% | ||
| Q3 24 | 19.7% | 14.3% | ||
| Q2 24 | 16.2% | 12.5% | ||
| Q1 24 | 17.6% | 12.6% |
| Q4 25 | 5.6% | 4.8% | ||
| Q3 25 | 13.0% | 1.7% | ||
| Q2 25 | 8.4% | 0.4% | ||
| Q1 25 | 9.0% | 3.9% | ||
| Q4 24 | 6.6% | 5.4% | ||
| Q3 24 | 14.8% | 1.0% | ||
| Q2 24 | 12.2% | 5.1% | ||
| Q1 24 | 13.5% | 4.9% |
| Q4 25 | $0.30 | $0.62 | ||
| Q3 25 | $1.70 | $0.19 | ||
| Q2 25 | $0.65 | $0.04 | ||
| Q1 25 | $0.62 | $0.40 | ||
| Q4 24 | $0.32 | $0.56 | ||
| Q3 24 | $1.59 | $0.11 | ||
| Q2 24 | $0.76 | $0.51 | ||
| Q1 24 | $0.89 | $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 | $211.7M | $21.7M |
| Total DebtLower is stronger | $793.2M | $286.7M |
| Stockholders' EquityBook value | $1.8B | $-17.3M |
| Total Assets | $3.2B | $403.2M |
| Debt / EquityLower = less leverage | 0.44× | — |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $211.7M | $21.7M | ||
| Q3 25 | $379.2M | $16.0M | ||
| Q2 25 | $189.2M | $17.1M | ||
| Q1 25 | $174.3M | $31.5M | ||
| Q4 24 | $132.0M | $33.5M | ||
| Q3 24 | $481.2M | $14.7M | ||
| Q2 24 | $359.2M | $7.5M | ||
| Q1 24 | $416.2M | $17.1M |
| Q4 25 | $793.2M | $286.7M | ||
| Q3 25 | $802.7M | $308.4M | ||
| Q2 25 | $872.8M | $310.9M | ||
| Q1 25 | $872.5M | $280.7M | ||
| Q4 24 | $806.8M | $280.4M | ||
| Q3 24 | $706.4M | $280.2M | ||
| Q2 24 | $706.1M | $269.7M | ||
| Q1 24 | $705.7M | $265.3M |
| Q4 25 | $1.8B | $-17.3M | ||
| Q3 25 | $1.8B | $-25.7M | ||
| Q2 25 | $1.7B | $-29.0M | ||
| Q1 25 | $1.6B | $-29.7M | ||
| Q4 24 | $1.6B | $-35.6M | ||
| Q3 24 | $1.6B | $-42.8M | ||
| Q2 24 | $1.5B | $-44.6M | ||
| Q1 24 | $1.5B | $-48.5M |
| Q4 25 | $3.2B | $403.2M | ||
| Q3 25 | $3.1B | $407.1M | ||
| Q2 25 | $3.1B | $399.8M | ||
| Q1 25 | $3.0B | $351.9M | ||
| Q4 24 | $3.0B | $349.7M | ||
| Q3 24 | $2.8B | $342.3M | ||
| Q2 24 | $2.7B | $321.4M | ||
| Q1 24 | $2.6B | $319.8M |
| Q4 25 | 0.44× | — | ||
| Q3 25 | 0.45× | — | ||
| Q2 25 | 0.52× | — | ||
| Q1 25 | 0.53× | — | ||
| Q4 24 | 0.50× | — | ||
| Q3 24 | 0.44× | — | ||
| Q2 24 | 0.47× | — | ||
| Q1 24 | 0.48× | — |
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 | $-157.0M | $39.6M |
| Free Cash FlowOCF − Capex | $-157.1M | $35.2M |
| FCF MarginFCF / Revenue | -57.5% | 23.0% |
| Capex IntensityCapex / Revenue | 0.0% | 2.9% |
| Cash ConversionOCF / Net Profit | -10.19× | 5.39× |
| TTM Free Cash FlowTrailing 4 quarters | $93.0M | $41.3M |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $-157.0M | $39.6M | ||
| Q3 25 | $256.3M | $10.0M | ||
| Q2 25 | $15.8M | $4.3M | ||
| Q1 25 | $-19.8M | $5.6M | ||
| Q4 24 | $-450.0M | $26.7M | ||
| Q3 24 | $119.2M | $12.5M | ||
| Q2 24 | $-61.7M | $-4.8M | ||
| Q1 24 | $-59.2M | $8.9M |
| Q4 25 | $-157.1M | $35.2M | ||
| Q3 25 | $255.6M | $5.3M | ||
| Q2 25 | $15.0M | $533.0K | ||
| Q1 25 | $-20.5M | $292.0K | ||
| Q4 24 | — | $21.6M | ||
| Q3 24 | $118.4M | $11.1M | ||
| Q2 24 | $-62.3M | $-6.0M | ||
| Q1 24 | $-59.8M | $7.4M |
| Q4 25 | -57.5% | 23.0% | ||
| Q3 25 | 38.1% | 3.8% | ||
| Q2 25 | 3.8% | 0.4% | ||
| Q1 25 | -5.8% | 0.2% | ||
| Q4 24 | — | 17.3% | ||
| Q3 24 | 21.5% | 8.9% | ||
| Q2 24 | -19.6% | -5.0% | ||
| Q1 24 | -17.9% | 6.6% |
| Q4 25 | 0.0% | 2.9% | ||
| Q3 25 | 0.1% | 3.4% | ||
| Q2 25 | 0.2% | 2.9% | ||
| Q1 25 | 0.2% | 4.3% | ||
| Q4 24 | 0.0% | 4.0% | ||
| Q3 24 | 0.1% | 1.2% | ||
| Q2 24 | 0.2% | 1.0% | ||
| Q1 24 | 0.2% | 1.3% |
| Q4 25 | -10.19× | 5.39× | ||
| Q3 25 | 2.95× | 4.32× | ||
| Q2 25 | 0.48× | 8.39× | ||
| Q1 25 | -0.63× | 1.17× | ||
| Q4 24 | -27.27× | 3.94× | ||
| Q3 24 | 1.46× | 9.70× | ||
| Q2 24 | -1.59× | -0.79× | ||
| Q1 24 | -1.32× | 1.63× |
Financial Flow Comparison
Revenue → gross profit → operating profit → net profit for each company.
Revenue Breakdown by Segment
FOR
| D.R.Horton Inc. | $183.8M | 67% |
| Other | $89.2M | 33% |
PMTS
| US Debit And Credit | $128.9M | 84% |
| US Prepaid Debit | $24.4M | 16% |
