vs
Side-by-side financial comparison of MOVADO GROUP INC (MOV) and CPI Card Group Inc. (PMTS). Click either name above to swap in a different company.
MOVADO GROUP INC is the larger business by last-quarter revenue ($186.1M vs $153.1M, roughly 1.2× CPI Card Group Inc.). MOVADO GROUP INC runs the higher net margin — 5.1% vs 4.8%, a 0.3% gap on every dollar of revenue. On growth, CPI Card Group Inc. posted the faster year-over-year revenue change (22.3% vs 1.9%). CPI Card Group Inc. produced more free cash flow last quarter ($35.2M vs $11.6M). Over the past eight quarters, CPI Card Group Inc.'s revenue compounded faster (16.9% CAGR vs 2.9%).
Movado is a luxury American watch brand originally founded in 1881 in Switzerland. Movado means "movement" in Esperanto. The watches are known for their signature metallic dot at 12 o'clock and minimalist style; the company is best known for its Museum Watch.
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.
MOV vs PMTS — Head-to-Head
Income Statement — Q3 FY2026 vs Q4 FY2025
| Metric | | |
|---|---|---|
| Revenue | $186.1M | $153.1M |
| Net Profit | $9.6M | $7.3M |
| Gross Margin | 54.3% | 31.5% |
| Operating Margin | 6.3% | 12.0% |
| Net Margin | 5.1% | 4.8% |
| Revenue YoY | 1.9% | 22.3% |
| Net Profit YoY | 89.8% | 8.5% |
| EPS (diluted) | $0.42 | $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 | $186.1M | $153.1M | ||
| Q3 25 | $161.8M | $138.0M | ||
| Q2 25 | $131.8M | $129.8M | ||
| Q1 25 | $181.5M | $122.8M | ||
| Q4 24 | $180.5M | $125.1M | ||
| Q3 24 | $157.0M | $124.8M | ||
| Q2 24 | $134.4M | $118.8M | ||
| Q1 24 | $175.8M | $111.9M |
| Q4 25 | $9.6M | $7.3M | ||
| Q3 25 | $3.0M | $2.3M | ||
| Q2 25 | $1.4M | $518.0K | ||
| Q1 25 | $8.1M | $4.8M | ||
| Q4 24 | $4.8M | $6.8M | ||
| Q3 24 | $3.5M | $1.3M | ||
| Q2 24 | $2.0M | $6.0M | ||
| Q1 24 | $9.8M | $5.5M |
| Q4 25 | 54.3% | 31.5% | ||
| Q3 25 | 54.1% | 29.7% | ||
| Q2 25 | 54.1% | 30.9% | ||
| Q1 25 | 54.2% | 33.2% | ||
| Q4 24 | 53.5% | 34.1% | ||
| Q3 24 | 54.3% | 35.8% | ||
| Q2 24 | 54.3% | 35.7% | ||
| Q1 24 | 53.5% | 37.1% |
| Q4 25 | 6.3% | 12.0% | ||
| Q3 25 | 2.5% | 9.4% | ||
| Q2 25 | 0.2% | 7.3% | ||
| Q1 25 | 5.1% | 11.5% | ||
| Q4 24 | 3.3% | 12.7% | ||
| Q3 24 | 1.7% | 14.3% | ||
| Q2 24 | 1.6% | 12.5% | ||
| Q1 24 | 6.1% | 12.6% |
| Q4 25 | 5.1% | 4.8% | ||
| Q3 25 | 1.8% | 1.7% | ||
| Q2 25 | 1.1% | 0.4% | ||
| Q1 25 | 4.4% | 3.9% | ||
| Q4 24 | 2.7% | 5.4% | ||
| Q3 24 | 2.2% | 1.0% | ||
| Q2 24 | 1.5% | 5.1% | ||
| Q1 24 | 5.6% | 4.9% |
| Q4 25 | $0.42 | $0.62 | ||
| Q3 25 | $0.13 | $0.19 | ||
| Q2 25 | $0.06 | $0.04 | ||
| Q1 25 | $0.36 | $0.40 | ||
| Q4 24 | $0.21 | $0.56 | ||
| Q3 24 | $0.15 | $0.11 | ||
| Q2 24 | $0.09 | $0.51 | ||
| Q1 24 | $0.44 | $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 | $183.9M | $21.7M |
| Total DebtLower is stronger | — | $286.7M |
| Stockholders' EquityBook value | $497.5M | $-17.3M |
| Total Assets | $751.9M | $403.2M |
| Debt / EquityLower = less leverage | — | — |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $183.9M | $21.7M | ||
| Q3 25 | $180.5M | $16.0M | ||
| Q2 25 | $203.1M | $17.1M | ||
| Q1 25 | $208.5M | $31.5M | ||
| Q4 24 | $181.5M | $33.5M | ||
| Q3 24 | $198.3M | $14.7M | ||
| Q2 24 | $225.4M | $7.5M | ||
| Q1 24 | $262.1M | $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 | $497.5M | $-17.3M | ||
| Q3 25 | $489.9M | $-25.7M | ||
| Q2 25 | $493.2M | $-29.0M | ||
| Q1 25 | $481.3M | $-29.7M | ||
| Q4 24 | $491.3M | $-35.6M | ||
| Q3 24 | $492.0M | $-42.8M | ||
| Q2 24 | $489.6M | $-44.6M | ||
| Q1 24 | $505.9M | $-48.5M |
| Q4 25 | $751.9M | $403.2M | ||
| Q3 25 | $748.7M | $407.1M | ||
| Q2 25 | $747.2M | $399.8M | ||
| Q1 25 | $729.2M | $351.9M | ||
| Q4 24 | $747.2M | $349.7M | ||
| Q3 24 | $742.5M | $342.3M | ||
| Q2 24 | $736.0M | $321.4M | ||
| Q1 24 | $756.5M | $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 | $12.3M | $39.6M |
| Free Cash FlowOCF − Capex | $11.6M | $35.2M |
| FCF MarginFCF / Revenue | 6.2% | 23.0% |
| Capex IntensityCapex / Revenue | 0.4% | 2.9% |
| Cash ConversionOCF / Net Profit | 1.28× | 5.39× |
| TTM Free Cash FlowTrailing 4 quarters | $35.3M | $41.3M |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $12.3M | $39.6M | ||
| Q3 25 | $-3.8M | $10.0M | ||
| Q2 25 | $-7.2M | $4.3M | ||
| Q1 25 | $39.1M | $5.6M | ||
| Q4 24 | $-4.7M | $26.7M | ||
| Q3 24 | $-17.8M | $12.5M | ||
| Q2 24 | $-18.1M | $-4.8M | ||
| Q1 24 | $69.4M | $8.9M |
| Q4 25 | $11.6M | $35.2M | ||
| Q3 25 | $-5.1M | $5.3M | ||
| Q2 25 | $-8.7M | $533.0K | ||
| Q1 25 | $37.5M | $292.0K | ||
| Q4 24 | $-7.2M | $21.6M | ||
| Q3 24 | $-20.1M | $11.1M | ||
| Q2 24 | $-19.7M | $-6.0M | ||
| Q1 24 | $67.8M | $7.4M |
| Q4 25 | 6.2% | 23.0% | ||
| Q3 25 | -3.1% | 3.8% | ||
| Q2 25 | -6.6% | 0.4% | ||
| Q1 25 | 20.7% | 0.2% | ||
| Q4 24 | -4.0% | 17.3% | ||
| Q3 24 | -12.8% | 8.9% | ||
| Q2 24 | -14.7% | -5.0% | ||
| Q1 24 | 38.6% | 6.6% |
| Q4 25 | 0.4% | 2.9% | ||
| Q3 25 | 0.8% | 3.4% | ||
| Q2 25 | 1.2% | 2.9% | ||
| Q1 25 | 0.9% | 4.3% | ||
| Q4 24 | 1.4% | 4.0% | ||
| Q3 24 | 1.5% | 1.2% | ||
| Q2 24 | 1.2% | 1.0% | ||
| Q1 24 | 0.9% | 1.3% |
| Q4 25 | 1.28× | 5.39× | ||
| Q3 25 | -1.27× | 4.32× | ||
| Q2 25 | -5.08× | 8.39× | ||
| Q1 25 | 4.86× | 1.17× | ||
| Q4 24 | -0.98× | 3.94× | ||
| Q3 24 | -5.14× | 9.70× | ||
| Q2 24 | -8.97× | -0.79× | ||
| Q1 24 | 7.06× | 1.63× |
Financial Flow Comparison
Revenue → gross profit → operating profit → net profit for each company.
Revenue Breakdown by Segment
MOV
| Other | $81.4M | 44% |
| Owned Brands Category | $46.0M | 25% |
| Sales Channel Directly To Consumer | $35.3M | 19% |
| Company Stores | $23.4M | 13% |
PMTS
| US Debit And Credit | $128.9M | 84% |
| US Prepaid Debit | $24.4M | 16% |
