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Side-by-side financial comparison of Kennedy-Wilson Holdings, Inc. (KW) and CPI Card Group Inc. (PMTS). Click either name above to swap in a different company.
CPI Card Group Inc. is the larger business by last-quarter revenue ($153.1M vs $120.6M, roughly 1.3× Kennedy-Wilson Holdings, Inc.). Kennedy-Wilson Holdings, Inc. runs the higher net margin — 48.1% vs 4.8%, a 43.3% gap on every dollar of revenue. On growth, CPI Card Group Inc. posted the faster year-over-year revenue change (22.3% vs -11.0%). CPI Card Group Inc. produced more free cash flow last quarter ($35.2M vs $-55.2M). Over the past eight quarters, CPI Card Group Inc.'s revenue compounded faster (16.9% CAGR vs -6.0%).
Kennedy Wilson is a real estate investment company headquartered in Beverly Hills, California, United States.
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.
KW vs PMTS — Head-to-Head
Income Statement — Q4 FY2025 vs Q4 FY2025
| Metric | | |
|---|---|---|
| Revenue | $120.6M | $153.1M |
| Net Profit | $58.0M | $7.3M |
| Gross Margin | — | 31.5% |
| Operating Margin | 57.3% | 12.0% |
| Net Margin | 48.1% | 4.8% |
| Revenue YoY | -11.0% | 22.3% |
| Net Profit YoY | 32.7% | 8.5% |
| EPS (diluted) | $0.22 | $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 | $120.6M | $153.1M | ||
| Q3 25 | $116.4M | $138.0M | ||
| Q2 25 | $135.7M | $129.8M | ||
| Q1 25 | $128.3M | $122.8M | ||
| Q4 24 | $135.5M | $125.1M | ||
| Q3 24 | $127.5M | $124.8M | ||
| Q2 24 | $132.0M | $118.8M | ||
| Q1 24 | $136.4M | $111.9M |
| Q4 25 | $58.0M | $7.3M | ||
| Q3 25 | $-10.2M | $2.3M | ||
| Q2 25 | $5.6M | $518.0K | ||
| Q1 25 | $-29.6M | $4.8M | ||
| Q4 24 | $43.7M | $6.8M | ||
| Q3 24 | $-66.8M | $1.3M | ||
| Q2 24 | $-48.3M | $6.0M | ||
| Q1 24 | $37.7M | $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 | 57.3% | 12.0% | ||
| Q3 25 | -6.2% | 9.4% | ||
| Q2 25 | 7.4% | 7.3% | ||
| Q1 25 | -26.9% | 11.5% | ||
| Q4 24 | 36.7% | 12.7% | ||
| Q3 24 | -60.8% | 14.3% | ||
| Q2 24 | -45.5% | 12.5% | ||
| Q1 24 | 47.2% | 12.6% |
| Q4 25 | 48.1% | 4.8% | ||
| Q3 25 | -8.8% | 1.7% | ||
| Q2 25 | 4.1% | 0.4% | ||
| Q1 25 | -23.1% | 3.9% | ||
| Q4 24 | 32.3% | 5.4% | ||
| Q3 24 | -52.4% | 1.0% | ||
| Q2 24 | -36.6% | 5.1% | ||
| Q1 24 | 27.6% | 4.9% |
| Q4 25 | $0.22 | $0.62 | ||
| Q3 25 | $-0.15 | $0.19 | ||
| Q2 25 | $-0.05 | $0.04 | ||
| Q1 25 | $-0.30 | $0.40 | ||
| Q4 24 | $0.24 | $0.56 | ||
| Q3 24 | $-0.56 | $0.11 | ||
| Q2 24 | $-0.43 | $0.51 | ||
| Q1 24 | $0.19 | $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 | $184.5M | $21.7M |
| Total DebtLower is stronger | — | $286.7M |
| Stockholders' EquityBook value | $1.5B | $-17.3M |
| Total Assets | $6.6B | $403.2M |
| Debt / EquityLower = less leverage | — | — |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $184.5M | $21.7M | ||
| Q3 25 | $382.6M | $16.0M | ||
| Q2 25 | $309.1M | $17.1M | ||
| Q1 25 | $356.6M | $31.5M | ||
| Q4 24 | $217.5M | $33.5M | ||
| Q3 24 | $367.1M | $14.7M | ||
| Q2 24 | $366.5M | $7.5M | ||
| Q1 24 | $541.9M | $17.1M |
| Q4 25 | — | $286.7M | ||
| Q3 25 | — | $308.4M | ||
| Q2 25 | — | $310.9M | ||
| Q1 25 | — | $280.7M | ||
| Q4 24 | — | $280.4M | ||
| Q3 24 | — | $280.2M | ||
| Q2 24 | — | $269.7M | ||
| Q1 24 | — | $265.3M |
| Q4 25 | $1.5B | $-17.3M | ||
| Q3 25 | $1.5B | $-25.7M | ||
| Q2 25 | $1.6B | $-29.0M | ||
| Q1 25 | $1.6B | $-29.7M | ||
| Q4 24 | $1.6B | $-35.6M | ||
| Q3 24 | $1.6B | $-42.8M | ||
| Q2 24 | $1.7B | $-44.6M | ||
| Q1 24 | $1.7B | $-48.5M |
| Q4 25 | $6.6B | $403.2M | ||
| Q3 25 | $6.7B | $407.1M | ||
| Q2 25 | $6.8B | $399.8M | ||
| Q1 25 | $7.2B | $351.9M | ||
| Q4 24 | $7.0B | $349.7M | ||
| Q3 24 | $7.4B | $342.3M | ||
| Q2 24 | $7.5B | $321.4M | ||
| Q1 24 | $7.7B | $319.8M |
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 | $11.4M | $39.6M |
| Free Cash FlowOCF − Capex | $-55.2M | $35.2M |
| FCF MarginFCF / Revenue | -45.8% | 23.0% |
| Capex IntensityCapex / Revenue | 55.2% | 2.9% |
| Cash ConversionOCF / Net Profit | 0.20× | 5.39× |
| TTM Free Cash FlowTrailing 4 quarters | $-103.5M | $41.3M |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $11.4M | $39.6M | ||
| Q3 25 | $-7.6M | $10.0M | ||
| Q2 25 | $42.0M | $4.3M | ||
| Q1 25 | $-51.9M | $5.6M | ||
| Q4 24 | $55.1M | $26.7M | ||
| Q3 24 | $-5.6M | $12.5M | ||
| Q2 24 | $36.7M | $-4.8M | ||
| Q1 24 | $-5.6M | $8.9M |
| Q4 25 | $-55.2M | $35.2M | ||
| Q3 25 | $-18.0M | $5.3M | ||
| Q2 25 | $29.4M | $533.0K | ||
| Q1 25 | $-59.7M | $292.0K | ||
| Q4 24 | $-76.5M | $21.6M | ||
| Q3 24 | $-27.7M | $11.1M | ||
| Q2 24 | $-500.0K | $-6.0M | ||
| Q1 24 | $-57.1M | $7.4M |
| Q4 25 | -45.8% | 23.0% | ||
| Q3 25 | -15.5% | 3.8% | ||
| Q2 25 | 21.7% | 0.4% | ||
| Q1 25 | -46.5% | 0.2% | ||
| Q4 24 | -56.5% | 17.3% | ||
| Q3 24 | -21.7% | 8.9% | ||
| Q2 24 | -0.4% | -5.0% | ||
| Q1 24 | -41.9% | 6.6% |
| Q4 25 | 55.2% | 2.9% | ||
| Q3 25 | 8.9% | 3.4% | ||
| Q2 25 | 9.3% | 2.9% | ||
| Q1 25 | 6.1% | 4.3% | ||
| Q4 24 | 97.1% | 4.0% | ||
| Q3 24 | 17.3% | 1.2% | ||
| Q2 24 | 28.2% | 1.0% | ||
| Q1 24 | 37.8% | 1.3% |
| Q4 25 | 0.20× | 5.39× | ||
| Q3 25 | — | 4.32× | ||
| Q2 25 | 7.50× | 8.39× | ||
| Q1 25 | — | 1.17× | ||
| Q4 24 | 1.26× | 3.94× | ||
| Q3 24 | — | 9.70× | ||
| Q2 24 | — | -0.79× | ||
| Q1 24 | -0.15× | 1.63× |
Financial Flow Comparison
Revenue → gross profit → operating profit → net profit for each company.
Revenue Breakdown by Segment
KW
| Consolidated Portfolio Segment | $84.9M | 70% |
| Investment Management Fees | $30.4M | 25% |
| Real Estate | $5.1M | 4% |
PMTS
| US Debit And Credit | $128.9M | 84% |
| US Prepaid Debit | $24.4M | 16% |
