vs

Side-by-side financial comparison of CPI Card Group Inc. (PMTS) and REPLIGEN CORP (RGEN). Click either name above to swap in a different company.

REPLIGEN CORP is the larger business by last-quarter revenue ($197.9M vs $153.1M, roughly 1.3× CPI Card Group Inc.). REPLIGEN CORP runs the higher net margin — 6.7% vs 4.8%, a 1.9% gap on every dollar of revenue. On growth, CPI Card Group Inc. posted the faster year-over-year revenue change (22.3% vs 13.6%). CPI Card Group Inc. produced more free cash flow last quarter ($35.2M vs $17.6M). Over the past eight quarters, CPI Card Group Inc.'s revenue compounded faster (16.9% CAGR vs 14.4%).

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.

Repligen Corporation is a global life sciences company devoted to the development and commercialization of innovative bioprocessing technologies and systems that enable efficiencies in the process of manufacturing biological drugs.2025 The company is based in Waltham, Massachusetts,2014 and was incorporated in Delaware in 1981. A public company, Repligen is listed on the NASDAQ exchange under the symbol RGEN. As of 2025, Repligen employs over 1,900 employees globally and serves primarily biop...

PMTS vs RGEN — Head-to-Head

Bigger by revenue
RGEN
RGEN
1.3× larger
RGEN
$197.9M
$153.1M
PMTS
Growing faster (revenue YoY)
PMTS
PMTS
+8.7% gap
PMTS
22.3%
13.6%
RGEN
Higher net margin
RGEN
RGEN
1.9% more per $
RGEN
6.7%
4.8%
PMTS
More free cash flow
PMTS
PMTS
$17.6M more FCF
PMTS
$35.2M
$17.6M
RGEN
Faster 2-yr revenue CAGR
PMTS
PMTS
Annualised
PMTS
16.9%
14.4%
RGEN

Income Statement — Q4 FY2025 vs Q4 FY2025

Metric
PMTS
PMTS
RGEN
RGEN
Revenue
$153.1M
$197.9M
Net Profit
$7.3M
$13.3M
Gross Margin
31.5%
52.5%
Operating Margin
12.0%
9.0%
Net Margin
4.8%
6.7%
Revenue YoY
22.3%
13.6%
Net Profit YoY
8.5%
143.9%
EPS (diluted)
$0.62
$0.24

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
RGEN
RGEN
Q4 25
$153.1M
$197.9M
Q3 25
$138.0M
$188.8M
Q2 25
$129.8M
$182.4M
Q1 25
$122.8M
$169.2M
Q4 24
$125.1M
$174.1M
Q3 24
$124.8M
$154.9M
Q2 24
$118.8M
$154.1M
Q1 24
$111.9M
$151.3M
Net Profit
PMTS
PMTS
RGEN
RGEN
Q4 25
$7.3M
$13.3M
Q3 25
$2.3M
$14.9M
Q2 25
$518.0K
$14.9M
Q1 25
$4.8M
$5.8M
Q4 24
$6.8M
$-30.3M
Q3 24
$1.3M
$-654.0K
Q2 24
$6.0M
$3.3M
Q1 24
$5.5M
$2.1M
Gross Margin
PMTS
PMTS
RGEN
RGEN
Q4 25
31.5%
52.5%
Q3 25
29.7%
53.2%
Q2 25
30.9%
50.0%
Q1 25
33.2%
53.6%
Q4 24
34.1%
26.1%
Q3 24
35.8%
50.0%
Q2 24
35.7%
49.8%
Q1 24
37.1%
49.5%
Operating Margin
PMTS
PMTS
RGEN
RGEN
Q4 25
12.0%
9.0%
Q3 25
9.4%
8.9%
Q2 25
7.3%
7.6%
Q1 25
11.5%
3.9%
Q4 24
12.7%
-17.7%
Q3 24
14.3%
-5.1%
Q2 24
12.5%
1.0%
Q1 24
12.6%
1.3%
Net Margin
PMTS
PMTS
RGEN
RGEN
Q4 25
4.8%
6.7%
Q3 25
1.7%
7.9%
Q2 25
0.4%
8.2%
Q1 25
3.9%
3.4%
Q4 24
5.4%
-17.4%
Q3 24
1.0%
-0.4%
Q2 24
5.1%
2.2%
Q1 24
4.9%
1.4%
EPS (diluted)
PMTS
PMTS
RGEN
RGEN
Q4 25
$0.62
$0.24
Q3 25
$0.19
$0.26
Q2 25
$0.04
$0.26
Q1 25
$0.40
$0.10
Q4 24
$0.56
$-0.55
Q3 24
$0.11
$-0.01
Q2 24
$0.51
$0.06
Q1 24
$0.46
$0.04

Balance Sheet & Financial Strength

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

Metric
PMTS
PMTS
RGEN
RGEN
Cash + ST InvestmentsLiquidity on hand
$21.7M
$767.6M
Total DebtLower is stronger
$286.7M
$542.2M
Stockholders' EquityBook value
$-17.3M
$2.1B
Total Assets
$403.2M
$2.9B
Debt / EquityLower = less leverage
0.26×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
PMTS
PMTS
RGEN
RGEN
Q4 25
$21.7M
$767.6M
Q3 25
$16.0M
$748.7M
Q2 25
$17.1M
$708.9M
Q1 25
$31.5M
$697.2M
Q4 24
$33.5M
$757.4M
Q3 24
$14.7M
$784.0M
Q2 24
$7.5M
$809.1M
Q1 24
$17.1M
$780.6M
Total Debt
PMTS
PMTS
RGEN
RGEN
Q4 25
$286.7M
$542.2M
Q3 25
$308.4M
$537.9M
Q2 25
$310.9M
Q1 25
$280.7M
Q4 24
$280.4M
$525.6M
Q3 24
$280.2M
Q2 24
$269.7M
Q1 24
$265.3M
Stockholders' Equity
PMTS
PMTS
RGEN
RGEN
Q4 25
$-17.3M
$2.1B
Q3 25
$-25.7M
$2.1B
Q2 25
$-29.0M
$2.1B
Q1 25
$-29.7M
$2.0B
Q4 24
$-35.6M
$2.0B
Q3 24
$-42.8M
$2.0B
Q2 24
$-44.6M
$2.0B
Q1 24
$-48.5M
$2.0B
Total Assets
PMTS
PMTS
RGEN
RGEN
Q4 25
$403.2M
$2.9B
Q3 25
$407.1M
$2.9B
Q2 25
$399.8M
$2.9B
Q1 25
$351.9M
$2.9B
Q4 24
$349.7M
$2.8B
Q3 24
$342.3M
$2.8B
Q2 24
$321.4M
$2.9B
Q1 24
$319.8M
$2.8B
Debt / Equity
PMTS
PMTS
RGEN
RGEN
Q4 25
0.26×
Q3 25
0.26×
Q2 25
Q1 25
Q4 24
0.27×
Q3 24
Q2 24
Q1 24

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
RGEN
RGEN
Operating Cash FlowLast quarter
$39.6M
$25.7M
Free Cash FlowOCF − Capex
$35.2M
$17.6M
FCF MarginFCF / Revenue
23.0%
8.9%
Capex IntensityCapex / Revenue
2.9%
4.1%
Cash ConversionOCF / Net Profit
5.39×
1.93×
TTM Free Cash FlowTrailing 4 quarters
$41.3M
$93.9M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
PMTS
PMTS
RGEN
RGEN
Q4 25
$39.6M
$25.7M
Q3 25
$10.0M
$48.1M
Q2 25
$4.3M
$28.6M
Q1 25
$5.6M
$15.0M
Q4 24
$26.7M
$39.2M
Q3 24
$12.5M
$49.3M
Q2 24
$-4.8M
$42.2M
Q1 24
$8.9M
$44.7M
Free Cash Flow
PMTS
PMTS
RGEN
RGEN
Q4 25
$35.2M
$17.6M
Q3 25
$5.3M
$43.4M
Q2 25
$533.0K
$21.5M
Q1 25
$292.0K
$11.4M
Q4 24
$21.6M
$33.6M
Q3 24
$11.1M
$42.3M
Q2 24
$-6.0M
$37.4M
Q1 24
$7.4M
$36.4M
FCF Margin
PMTS
PMTS
RGEN
RGEN
Q4 25
23.0%
8.9%
Q3 25
3.8%
23.0%
Q2 25
0.4%
11.8%
Q1 25
0.2%
6.8%
Q4 24
17.3%
19.3%
Q3 24
8.9%
27.3%
Q2 24
-5.0%
24.3%
Q1 24
6.6%
24.0%
Capex Intensity
PMTS
PMTS
RGEN
RGEN
Q4 25
2.9%
4.1%
Q3 25
3.4%
2.5%
Q2 25
2.9%
3.9%
Q1 25
4.3%
2.1%
Q4 24
4.0%
3.2%
Q3 24
1.2%
4.5%
Q2 24
1.0%
3.1%
Q1 24
1.3%
5.5%
Cash Conversion
PMTS
PMTS
RGEN
RGEN
Q4 25
5.39×
1.93×
Q3 25
4.32×
3.23×
Q2 25
8.39×
1.92×
Q1 25
1.17×
2.57×
Q4 24
3.94×
Q3 24
9.70×
Q2 24
-0.79×
12.70×
Q1 24
1.63×
21.35×

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%

RGEN
RGEN

Segment breakdown not available.

Related Comparisons