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Side-by-side financial comparison of CPI Card Group Inc. (PMTS) and VIRTUS INVESTMENT PARTNERS, INC. (VRTS). Click either name above to swap in a different company.
VIRTUS INVESTMENT PARTNERS, INC. is the larger business by last-quarter revenue ($208.0M vs $153.1M, roughly 1.4× CPI Card Group Inc.). VIRTUS INVESTMENT PARTNERS, INC. runs the higher net margin — 16.3% vs 4.8%, a 11.5% gap on every dollar of revenue. On growth, CPI Card Group Inc. posted the faster year-over-year revenue change (22.3% vs -10.9%). CPI Card Group Inc. produced more free cash flow last quarter ($35.2M vs $-74.1M). Over the past eight quarters, CPI Card Group Inc.'s revenue compounded faster (16.9% CAGR vs -3.2%).
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.
VIRTUS INVESTMENT PARTNERS, INC.VRTSEarnings & Financial Report
Virtus Investment Partners, Inc. is an American company which operates as a multi-manager asset management business, comprising a number of individual affiliated managers, each having its own investment process and brand, and the services of unaffiliated sub advisers.
PMTS vs VRTS — Head-to-Head
Income Statement — Q4 FY2025 vs Q4 FY2025
| Metric | | |
|---|---|---|
| Revenue | $153.1M | $208.0M |
| Net Profit | $7.3M | $33.9M |
| Gross Margin | 31.5% | — |
| Operating Margin | 12.0% | 19.1% |
| Net Margin | 4.8% | 16.3% |
| Revenue YoY | 22.3% | -10.9% |
| Net Profit YoY | 8.5% | -14.2% |
| EPS (diluted) | $0.62 | $5.15 |
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 | $153.1M | $208.0M | ||
| Q3 25 | $138.0M | $216.4M | ||
| Q2 25 | $129.8M | $210.5M | ||
| Q1 25 | $122.8M | $217.9M | ||
| Q4 24 | $125.1M | $233.5M | ||
| Q3 24 | $124.8M | $227.0M | ||
| Q2 24 | $118.8M | $224.4M | ||
| Q1 24 | $111.9M | $222.0M |
| Q4 25 | $7.3M | $33.9M | ||
| Q3 25 | $2.3M | $31.3M | ||
| Q2 25 | $518.0K | $42.7M | ||
| Q1 25 | $4.8M | $28.1M | ||
| Q4 24 | $6.8M | $39.5M | ||
| Q3 24 | $1.3M | $49.1M | ||
| Q2 24 | $6.0M | $26.0M | ||
| Q1 24 | $5.5M | $37.9M |
| 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 | 12.0% | 19.1% | ||
| Q3 25 | 9.4% | 21.7% | ||
| Q2 25 | 7.3% | 21.5% | ||
| Q1 25 | 11.5% | 16.8% | ||
| Q4 24 | 12.7% | 21.7% | ||
| Q3 24 | 14.3% | 24.3% | ||
| Q2 24 | 12.5% | 19.7% | ||
| Q1 24 | 12.6% | 14.5% |
| Q4 25 | 4.8% | 16.3% | ||
| Q3 25 | 1.7% | 14.5% | ||
| Q2 25 | 0.4% | 20.3% | ||
| Q1 25 | 3.9% | 12.9% | ||
| Q4 24 | 5.4% | 16.9% | ||
| Q3 24 | 1.0% | 21.6% | ||
| Q2 24 | 5.1% | 11.6% | ||
| Q1 24 | 4.9% | 17.1% |
| Q4 25 | $0.62 | $5.15 | ||
| Q3 25 | $0.19 | $4.65 | ||
| Q2 25 | $0.04 | $6.12 | ||
| Q1 25 | $0.40 | $4.05 | ||
| Q4 24 | $0.56 | $4.65 | ||
| Q3 24 | $0.11 | $5.71 | ||
| Q2 24 | $0.51 | $2.43 | ||
| Q1 24 | $0.46 | $4.10 |
Balance Sheet & Financial Strength
Snapshot of each company's liquidity, leverage and book value from the latest quarter.
| Metric | | |
|---|---|---|
| Cash + ST InvestmentsLiquidity on hand | $21.7M | — |
| Total DebtLower is stronger | $286.7M | $390.0M |
| Stockholders' EquityBook value | $-17.3M | $934.0M |
| Total Assets | $403.2M | $4.3B |
| Debt / EquityLower = less leverage | — | 0.42× |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $21.7M | — | ||
| Q3 25 | $16.0M | — | ||
| Q2 25 | $17.1M | — | ||
| Q1 25 | $31.5M | — | ||
| Q4 24 | $33.5M | — | ||
| Q3 24 | $14.7M | — | ||
| Q2 24 | $7.5M | — | ||
| Q1 24 | $17.1M | — |
| Q4 25 | $286.7M | $390.0M | ||
| Q3 25 | $308.4M | $390.6M | ||
| Q2 25 | $310.9M | $231.3M | ||
| Q1 25 | $280.7M | $231.7M | ||
| Q4 24 | $280.4M | $232.1M | ||
| Q3 24 | $280.2M | $237.5M | ||
| Q2 24 | $269.7M | $247.6M | ||
| Q1 24 | $265.3M | $253.0M |
| Q4 25 | $-17.3M | $934.0M | ||
| Q3 25 | $-25.7M | $918.7M | ||
| Q2 25 | $-29.0M | $896.4M | ||
| Q1 25 | $-29.7M | $893.7M | ||
| Q4 24 | $-35.6M | $897.5M | ||
| Q3 24 | $-42.8M | $889.0M | ||
| Q2 24 | $-44.6M | $868.7M | ||
| Q1 24 | $-48.5M | $871.7M |
| Q4 25 | $403.2M | $4.3B | ||
| Q3 25 | $407.1M | $3.9B | ||
| Q2 25 | $399.8M | $3.7B | ||
| Q1 25 | $351.9M | $3.7B | ||
| Q4 24 | $349.7M | $4.0B | ||
| Q3 24 | $342.3M | $3.6B | ||
| Q2 24 | $321.4M | $3.6B | ||
| Q1 24 | $319.8M | $3.5B |
| Q4 25 | — | 0.42× | ||
| Q3 25 | — | 0.43× | ||
| Q2 25 | — | 0.26× | ||
| Q1 25 | — | 0.26× | ||
| Q4 24 | — | 0.26× | ||
| Q3 24 | — | 0.27× | ||
| Q2 24 | — | 0.29× | ||
| Q1 24 | — | 0.29× |
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 | $39.6M | $-67.2M |
| Free Cash FlowOCF − Capex | $35.2M | $-74.1M |
| FCF MarginFCF / Revenue | 23.0% | -35.6% |
| Capex IntensityCapex / Revenue | 2.9% | 3.3% |
| Cash ConversionOCF / Net Profit | 5.39× | -1.99× |
| TTM Free Cash FlowTrailing 4 quarters | $41.3M | $100.2M |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $39.6M | $-67.2M | ||
| Q3 25 | $10.0M | $108.3M | ||
| Q2 25 | $4.3M | $75.8M | ||
| Q1 25 | $5.6M | $-3.8M | ||
| Q4 24 | $26.7M | $1.8M | ||
| Q3 24 | $12.5M | $69.1M | ||
| Q2 24 | $-4.8M | $70.0M | ||
| Q1 24 | $8.9M | $-34.5M |
| Q4 25 | $35.2M | $-74.1M | ||
| Q3 25 | $5.3M | $106.9M | ||
| Q2 25 | $533.0K | $74.2M | ||
| Q1 25 | $292.0K | $-6.8M | ||
| Q4 24 | $21.6M | $-3.8M | ||
| Q3 24 | $11.1M | $68.7M | ||
| Q2 24 | $-6.0M | $68.6M | ||
| Q1 24 | $7.4M | $-36.5M |
| Q4 25 | 23.0% | -35.6% | ||
| Q3 25 | 3.8% | 49.4% | ||
| Q2 25 | 0.4% | 35.2% | ||
| Q1 25 | 0.2% | -3.1% | ||
| Q4 24 | 17.3% | -1.6% | ||
| Q3 24 | 8.9% | 30.3% | ||
| Q2 24 | -5.0% | 30.6% | ||
| Q1 24 | 6.6% | -16.4% |
| Q4 25 | 2.9% | 3.3% | ||
| Q3 25 | 3.4% | 0.7% | ||
| Q2 25 | 2.9% | 0.7% | ||
| Q1 25 | 4.3% | 1.4% | ||
| Q4 24 | 4.0% | 2.4% | ||
| Q3 24 | 1.2% | 0.2% | ||
| Q2 24 | 1.0% | 0.6% | ||
| Q1 24 | 1.3% | 0.9% |
| Q4 25 | 5.39× | -1.99× | ||
| Q3 25 | 4.32× | 3.45× | ||
| Q2 25 | 8.39× | 1.77× | ||
| Q1 25 | 1.17× | -0.13× | ||
| Q4 24 | 3.94× | 0.04× | ||
| Q3 24 | 9.70× | 1.41× | ||
| Q2 24 | -0.79× | 2.69× | ||
| Q1 24 | 1.63× | -0.91× |
Financial Flow Comparison
Revenue → gross profit → operating profit → net profit for each company.
Revenue Breakdown by Segment
PMTS
| US Debit And Credit | $128.9M | 84% |
| US Prepaid Debit | $24.4M | 16% |
VRTS
| Open End Funds | $68.9M | 33% |
| Retail Separate Accounts | $51.3M | 25% |
| Institutional Accounts | $39.6M | 19% |
| Administration And Shareholder Service Fees | $18.4M | 9% |
| Closed End Funds | $15.9M | 8% |
| Distribution And Service Fees | $12.3M | 6% |
