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Side-by-side financial comparison of CPI Card Group Inc. (PMTS) and Perella Weinberg Partners (PWP). Click either name above to swap in a different company.

Perella Weinberg Partners is the larger business by last-quarter revenue ($219.2M vs $153.1M, roughly 1.4× CPI Card Group Inc.). Perella Weinberg Partners runs the higher net margin — 6.3% vs 4.8%, a 1.5% gap on every dollar of revenue. On growth, CPI Card Group Inc. posted the faster year-over-year revenue change (22.3% vs -2.9%). CPI Card Group Inc. produced more free cash flow last quarter ($35.2M vs $30.5M). Over the past eight quarters, Perella Weinberg Partners's revenue compounded faster (46.5% CAGR vs 16.9%).

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.

PJT Partners, Inc. is a global advisory-focused investment bank, founded in October 2015 as part of The Blackstone Group's spin-off of its financial and strategic advisory services businesses.

PMTS vs PWP — Head-to-Head

Bigger by revenue
PWP
PWP
1.4× larger
PWP
$219.2M
$153.1M
PMTS
Growing faster (revenue YoY)
PMTS
PMTS
+25.2% gap
PMTS
22.3%
-2.9%
PWP
Higher net margin
PWP
PWP
1.5% more per $
PWP
6.3%
4.8%
PMTS
More free cash flow
PMTS
PMTS
$4.7M more FCF
PMTS
$35.2M
$30.5M
PWP
Faster 2-yr revenue CAGR
PWP
PWP
Annualised
PWP
46.5%
16.9%
PMTS

Income Statement — Q4 FY2025 vs Q4 FY2025

Metric
PMTS
PMTS
PWP
PWP
Revenue
$153.1M
$219.2M
Net Profit
$7.3M
$13.8M
Gross Margin
31.5%
Operating Margin
12.0%
8.5%
Net Margin
4.8%
6.3%
Revenue YoY
22.3%
-2.9%
Net Profit YoY
8.5%
EPS (diluted)
$0.62
$0.11

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.

Revenue
PMTS
PMTS
PWP
PWP
Q4 25
$153.1M
$219.2M
Q3 25
$138.0M
$164.6M
Q2 25
$129.8M
$155.3M
Q1 25
$122.8M
$211.8M
Q4 24
$125.1M
$225.7M
Q3 24
$124.8M
$278.2M
Q2 24
$118.8M
$272.0M
Q1 24
$111.9M
$102.1M
Net Profit
PMTS
PMTS
PWP
PWP
Q4 25
$7.3M
$13.8M
Q3 25
$2.3M
$6.0M
Q2 25
$518.0K
$2.7M
Q1 25
$4.8M
$17.3M
Q4 24
$6.8M
Q3 24
$1.3M
$16.4M
Q2 24
$6.0M
$-66.0M
Q1 24
$5.5M
$-35.8M
Gross Margin
PMTS
PMTS
PWP
PWP
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%
Operating Margin
PMTS
PMTS
PWP
PWP
Q4 25
12.0%
8.5%
Q3 25
9.4%
5.4%
Q2 25
7.3%
5.8%
Q1 25
11.5%
5.5%
Q4 24
12.7%
Q3 24
14.3%
12.9%
Q2 24
12.5%
-30.2%
Q1 24
12.6%
-52.4%
Net Margin
PMTS
PMTS
PWP
PWP
Q4 25
4.8%
6.3%
Q3 25
1.7%
3.6%
Q2 25
0.4%
1.8%
Q1 25
3.9%
8.2%
Q4 24
5.4%
Q3 24
1.0%
5.9%
Q2 24
5.1%
-24.3%
Q1 24
4.9%
-35.1%
EPS (diluted)
PMTS
PMTS
PWP
PWP
Q4 25
$0.62
$0.11
Q3 25
$0.19
$0.08
Q2 25
$0.04
$0.04
Q1 25
$0.40
$0.24
Q4 24
$0.56
Q3 24
$0.11
$0.24
Q2 24
$0.51
$-1.21
Q1 24
$0.46
$-0.91

Balance Sheet & Financial Strength

Snapshot of each company's liquidity, leverage and book value from the latest quarter.

Metric
PMTS
PMTS
PWP
PWP
Cash + ST InvestmentsLiquidity on hand
$21.7M
$255.9M
Total DebtLower is stronger
$286.7M
Stockholders' EquityBook value
$-17.3M
$-127.4M
Total Assets
$403.2M
$797.6M
Debt / EquityLower = less leverage

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
PMTS
PMTS
PWP
PWP
Q4 25
$21.7M
$255.9M
Q3 25
$16.0M
$185.5M
Q2 25
$17.1M
$145.0M
Q1 25
$31.5M
$111.2M
Q4 24
$33.5M
$407.4M
Q3 24
$14.7M
$335.1M
Q2 24
$7.5M
$185.3M
Q1 24
$17.1M
$156.7M
Total Debt
PMTS
PMTS
PWP
PWP
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
Stockholders' Equity
PMTS
PMTS
PWP
PWP
Q4 25
$-17.3M
$-127.4M
Q3 25
$-25.7M
$-302.4M
Q2 25
$-29.0M
$-318.4M
Q1 25
$-29.7M
$-323.1M
Q4 24
$-35.6M
$-421.4M
Q3 24
$-42.8M
$-360.8M
Q2 24
$-44.6M
$-283.0M
Q1 24
$-48.5M
$161.9M
Total Assets
PMTS
PMTS
PWP
PWP
Q4 25
$403.2M
$797.6M
Q3 25
$407.1M
$650.2M
Q2 25
$399.8M
$606.7M
Q1 25
$351.9M
$570.5M
Q4 24
$349.7M
$876.8M
Q3 24
$342.3M
$810.9M
Q2 24
$321.4M
$645.5M
Q1 24
$319.8M
$583.6M

Cash Flow & Capital Efficiency

How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.

Metric
PMTS
PMTS
PWP
PWP
Operating Cash FlowLast quarter
$39.6M
$34.8M
Free Cash FlowOCF − Capex
$35.2M
$30.5M
FCF MarginFCF / Revenue
23.0%
13.9%
Capex IntensityCapex / Revenue
2.9%
2.0%
Cash ConversionOCF / Net Profit
5.39×
2.52×
TTM Free Cash FlowTrailing 4 quarters
$41.3M
$-34.1M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
PMTS
PMTS
PWP
PWP
Q4 25
$39.6M
$34.8M
Q3 25
$10.0M
$59.2M
Q2 25
$4.3M
$56.1M
Q1 25
$5.6M
$-176.5M
Q4 24
$26.7M
$223.4M
Q3 24
$12.5M
$200.3M
Q2 24
$-4.8M
$90.0M
Q1 24
$8.9M
$-206.3M
Free Cash Flow
PMTS
PMTS
PWP
PWP
Q4 25
$35.2M
$30.5M
Q3 25
$5.3M
$57.6M
Q2 25
$533.0K
$55.3M
Q1 25
$292.0K
$-177.6M
Q4 24
$21.6M
$207.0M
Q3 24
$11.1M
$199.3M
Q2 24
$-6.0M
$83.7M
Q1 24
$7.4M
$-214.8M
FCF Margin
PMTS
PMTS
PWP
PWP
Q4 25
23.0%
13.9%
Q3 25
3.8%
35.0%
Q2 25
0.4%
35.6%
Q1 25
0.2%
-83.8%
Q4 24
17.3%
91.7%
Q3 24
8.9%
71.6%
Q2 24
-5.0%
30.8%
Q1 24
6.6%
-210.3%
Capex Intensity
PMTS
PMTS
PWP
PWP
Q4 25
2.9%
2.0%
Q3 25
3.4%
0.9%
Q2 25
2.9%
0.5%
Q1 25
4.3%
0.5%
Q4 24
4.0%
7.3%
Q3 24
1.2%
0.4%
Q2 24
1.0%
2.3%
Q1 24
1.3%
8.3%
Cash Conversion
PMTS
PMTS
PWP
PWP
Q4 25
5.39×
2.52×
Q3 25
4.32×
9.85×
Q2 25
8.39×
20.50×
Q1 25
1.17×
-10.18×
Q4 24
3.94×
Q3 24
9.70×
12.23×
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

PMTS
PMTS

US Debit And Credit$128.9M84%
US Prepaid Debit$24.4M16%

PWP
PWP

Segment breakdown not available.

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