Cimpress (CMPR)
Market Price (11/7/2026): $56.32 | Market Cap: $1.4 BilSector: Industrials | Industry: Diversified Support Services
Cimpress (CMPR)
Market Price (11/7/2026): $56.32Market Cap: $1.4 BilSector: IndustrialsIndustry: Diversified Support Services
Investment Highlights Why It Matters Detailed financial logic regarding cash flow yields vs trend-riding momentum.
Attractive yieldTotal YieldTotal Yield = Earnings Yield + Dividend Yield, Earnings Yield = Net Income / Market Cap Dividend Yield = Total Dividends / Market Cap is 6.2%, FCF Yield is 9.0% Valuation becoming less expensiveP/S 6M Chg %Price/Sales change over 6 months. Declining P/S indicates valuation has become less expensive. is -45% Low stock price volatilityVol 12M is 46% Megatrend and thematic driversMegatrends include E-commerce & Digital Retail, and E-commerce & DTC Adoption. Themes include Direct-to-Consumer Brands, Online Marketplaces, Show more. | Weak multi-year price returns2Y Excs Rtn is -55%, 3Y Excs Rtn is -83% Meaningful short interestShort Interest Days-to-CoverDTC = (Short Interest Share Quantity) / (Average Daily Trading Volume). Reflects how many days it would take to cover (close out) the short interest based on average volumes. High DTC can signify an increased risk of a short squeeze. is 12.63 | Debt is significantNet D/ENet Debt/Equity. Debt net of cash. Negative indicates net cash. Equity is taken as the Market Capitalization is 124% Key risksCMPR key risks include [1] significant financial strain from high debt levels and negative shareholder equity. |
| Attractive yieldTotal YieldTotal Yield = Earnings Yield + Dividend Yield, Earnings Yield = Net Income / Market Cap Dividend Yield = Total Dividends / Market Cap is 6.2%, FCF Yield is 9.0% |
| Valuation becoming less expensiveP/S 6M Chg %Price/Sales change over 6 months. Declining P/S indicates valuation has become less expensive. is -45% |
| Low stock price volatilityVol 12M is 46% |
| Megatrend and thematic driversMegatrends include E-commerce & Digital Retail, and E-commerce & DTC Adoption. Themes include Direct-to-Consumer Brands, Online Marketplaces, Show more. |
| Weak multi-year price returns2Y Excs Rtn is -55%, 3Y Excs Rtn is -83% |
| Meaningful short interestShort Interest Days-to-CoverDTC = (Short Interest Share Quantity) / (Average Daily Trading Volume). Reflects how many days it would take to cover (close out) the short interest based on average volumes. High DTC can signify an increased risk of a short squeeze. is 12.63 |
| Debt is significantNet D/ENet Debt/Equity. Debt net of cash. Negative indicates net cash. Equity is taken as the Market Capitalization is 124% |
| Key risksCMPR key risks include [1] significant financial strain from high debt levels and negative shareholder equity. |
Qualitative Assessment
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Cimpress (CMPR) stock has lost about 45% since 7/31/2026 because of the following key factors:
1. Fiscal Q1 2027 Earnings Miss and Weak Organic Growth.
Cimpress (CMPR) reported a diluted loss per share of ($0.11) for its fiscal Q1 2027 (ended September 30, 2026), significantly missing analyst expectations of $0.80-$0.81 per share. While reported revenue grew 8% year-over-year to $934.05 million, organic constant-currency revenue growth was only 2%, falling short of management's expectations. This underperformance was concentrated in the VistaPrint segment and European markets, particularly within the Upload & Print business.
2. Decline in Adjusted EBITDA Driven by Cost Pressures.
The company experienced a 9% year-over-year decline in adjusted EBITDA, which fell to $89.8 million in fiscal Q1 2027. This was primarily attributed to higher manufacturing startup costs in North America, increased duties and tariffs (including new Canadian tariffs), and elevated energy-related input costs. These factors also contributed to a three-point reduction in gross margin, which decreased to 43.7%.
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Cimpress (CMPR) stock has lost about 45% since 7/31/2026 because of the following key factors:
1. Fiscal Q1 2027 Earnings Miss and Weak Organic Growth.
Cimpress (CMPR) reported a diluted loss per share of ($0.11) for its fiscal Q1 2027 (ended September 30, 2026), significantly missing analyst expectations of $0.80-$0.81 per share. While reported revenue grew 8% year-over-year to $934.05 million, organic constant-currency revenue growth was only 2%, falling short of management's expectations. This underperformance was concentrated in the VistaPrint segment and European markets, particularly within the Upload & Print business.
2. Decline in Adjusted EBITDA Driven by Cost Pressures.
The company experienced a 9% year-over-year decline in adjusted EBITDA, which fell to $89.8 million in fiscal Q1 2027. This was primarily attributed to higher manufacturing startup costs in North America, increased duties and tariffs (including new Canadian tariffs), and elevated energy-related input costs. These factors also contributed to a three-point reduction in gross margin, which decreased to 43.7%.
3. Structural Headwinds and Market Shifts Impacting Core Business.
Management identified several structural headwinds impacting performance, including weakness in legacy products such as business cards and consumer categories, the disintermediation of reseller channels, and shifts in online search traffic from organic to paid channels. The growing role of AI Overviews in Google and Large Language Models (LLMs) in product discovery was also noted as a factor influencing bookings from organic search and affiliate channels.
4. Analyst Downgrades and Price Target Reductions.
Following the weaker-than-expected performance, several analysts downgraded Cimpress's stock or reduced their price targets during the period. Zacks Research downgraded the stock from "strong-buy" to "hold" on August 13, 2026, and Wall Street Zen similarly cut its rating from "buy" to "hold" on August 15, 2026. Truist Financial lowered its price target for CMPR from $108.00 to $90.00 on November 2, 2026, while Barrington Research reduced its price objective from $121.00 to $102.00 on November 6, 2026. These adjustments reflect a more cautious outlook from the analyst community regarding the company's near-term prospects.
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Stock Movement Drivers
Fundamental Drivers
The -42.9% change in CMPR stock from 7/31/2026 to 11/6/2026 was primarily driven by a -69.3% change in the company's P/E Multiple.| (LTM values as of) | 7312026 | 11062026 | Change |
|---|---|---|---|
| Stock Price ($) | 98.70 | 56.38 | -42.9% |
| Change Contribution By: | |||
| Total Revenues ($ Mil) | 3,661 | 3,807 | 4.0% |
| Net Income Margin (%) | 1.2% | 2.2% | 80.8% |
| P/E Multiple | 52.6 | 16.1 | -69.3% |
| Shares Outstanding (Mil) | 24 | 24 | -0.9% |
| Cumulative Contribution | -42.9% |
Market Drivers
7/31/2026 to 11/6/2026| Return | Correlation | |
|---|---|---|
| CMPR | -42.9% | |
| Market (SPY) | -1.6% | 28.1% |
| Sector (XLI) | -9.5% | 1.8% |
Fundamental Drivers
The -36.3% change in CMPR stock from 4/30/2026 to 11/6/2026 was primarily driven by a -82.6% change in the company's P/E Multiple.| (LTM values as of) | 4302026 | 11062026 | Change |
|---|---|---|---|
| Stock Price ($) | 88.46 | 56.38 | -36.3% |
| Change Contribution By: | |||
| Total Revenues ($ Mil) | 3,564 | 3,807 | 6.8% |
| Net Income Margin (%) | 0.7% | 2.2% | 242.0% |
| P/E Multiple | 92.8 | 16.1 | -82.6% |
| Shares Outstanding (Mil) | 25 | 24 | 0.3% |
| Cumulative Contribution | -36.3% |
Market Drivers
4/30/2026 to 11/6/2026| Return | Correlation | |
|---|---|---|
| CMPR | -36.3% | |
| Market (SPY) | 2.6% | 15.0% |
| Sector (XLI) | -6.6% | -2.9% |
Fundamental Drivers
The -18.5% change in CMPR stock from 10/31/2025 to 11/6/2026 was primarily driven by a -66.7% change in the company's P/E Multiple.| (LTM values as of) | 10312025 | 11062026 | Change |
|---|---|---|---|
| Stock Price ($) | 69.21 | 56.38 | -18.5% |
| Change Contribution By: | |||
| Total Revenues ($ Mil) | 3,461 | 3,807 | 10.0% |
| Net Income Margin (%) | 1.0% | 2.2% | 121.4% |
| P/E Multiple | 48.4 | 16.1 | -66.7% |
| Shares Outstanding (Mil) | 25 | 24 | 0.4% |
| Cumulative Contribution | -18.5% |
Market Drivers
10/31/2025 to 11/6/2026| Return | Correlation | |
|---|---|---|
| CMPR | -18.5% | |
| Market (SPY) | 8.7% | 25.3% |
| Sector (XLI) | 5.8% | 11.8% |
Fundamental Drivers
The -5.5% change in CMPR stock from 10/31/2023 to 11/6/2026 was primarily driven by a -28.1% change in the company's P/S Multiple.| (LTM values as of) | 10312023 | 11062026 | Change |
|---|---|---|---|
| Stock Price ($) | 59.67 | 56.38 | -5.5% |
| Change Contribution By: | |||
| Total Revenues ($ Mil) | 3,134 | 3,807 | 21.5% |
| P/S Multiple | 0.5 | 0.4 | -28.1% |
| Shares Outstanding (Mil) | 26 | 24 | 8.1% |
| Cumulative Contribution | -5.5% |
Market Drivers
10/31/2023 to 11/6/2026| Return | Correlation | |
|---|---|---|
| CMPR | -5.5% | |
| Market (SPY) | 81.9% | 36.7% |
| Sector (XLI) | 72.0% | 33.9% |
Price Returns Compared
| 2021 | 2022 | 2023 | 2024 | 2025 | 2026 | Total [1] | |
|---|---|---|---|---|---|---|---|
| Returns | |||||||
| CMPR Return | -18% | -61% | 190% | -10% | -7% | -15% | -36% |
| Peers Return | 11% | -8% | 24% | 19% | -3% | 24% | 81% |
| S&P 500 Return | 27% | -19% | 24% | 23% | 16% | 12% | 105% |
Monthly Win Rates [3] | |||||||
| CMPR Win Rate | 50% | 25% | 75% | 42% | 42% | 36% | |
| Peers Win Rate | 56% | 44% | 47% | 53% | 44% | 52% | |
| S&P 500 Win Rate | 75% | 42% | 67% | 75% | 67% | 45% | |
Max Drawdowns [4] | |||||||
| CMPR Max Drawdown | -45% | -74% | -21% | -32% | -48% | -46% | |
| Peers Max Drawdown | -35% | -45% | -32% | -23% | -33% | -24% | |
| S&P 500 Max Drawdown | -5% | -25% | -10% | -8% | -19% | -9% | |
[1] Cumulative total returns since the beginning of 2021
[2] Peers: DLX, QUAD, EBF.
[3] Win Rate = % of calendar months in which monthly returns were positive
[4] Max drawdown represents maximum peak-to-trough decline within a year
[5] 2026 data is for the year up to 11/6/2026 (YTD)
How Low Can It Go
| Event | CMPR | S&P 500 |
|---|---|---|
| 2025 US Tariff Shock | ||
| % Loss | -18.6% | -18.8% |
| % Gain to Breakeven | 22.8% | 23.1% |
| Time to Breakeven | 61 days | 79 days |
| Summer-Fall 2023 Five Percent Yield Shock | ||
| % Loss | -10.4% | -9.5% |
| % Gain to Breakeven | 11.6% | 10.5% |
| Time to Breakeven | 13 days | 24 days |
| 2023 SVB Regional Banking Crisis | ||
| % Loss | -16.8% | -6.7% |
| % Gain to Breakeven | 20.2% | 7.1% |
| Time to Breakeven | 4 days | 31 days |
| 2022 Inflation Shock & Fed Tightening | ||
| % Loss | -73.6% | -24.5% |
| % Gain to Breakeven | 279.3% | 32.4% |
| Time to Breakeven | 400 days | 427 days |
| 2020 COVID-19 Crash | ||
| % Loss | -62.6% | -33.7% |
| % Gain to Breakeven | 167.5% | 50.9% |
| Time to Breakeven | 473 days | 140 days |
| Q4 2018 Fed Policy Error / Growth Scare | ||
| % Loss | -24.4% | -19.2% |
| % Gain to Breakeven | 32.4% | 23.8% |
| Time to Breakeven | 295 days | 105 days |
In The Past
Cimpress's stock fell -18.6% during the 2025 US Tariff Shock. Such a loss loss requires a 22.8% gain to breakeven.
Preserve Wealth
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Asset Allocation
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| Event | CMPR | S&P 500 |
|---|---|---|
| 2022 Inflation Shock & Fed Tightening | ||
| % Loss | -73.6% | -24.5% |
| % Gain to Breakeven | 279.3% | 32.4% |
| Time to Breakeven | 400 days | 427 days |
| 2020 COVID-19 Crash | ||
| % Loss | -62.6% | -33.7% |
| % Gain to Breakeven | 167.5% | 50.9% |
| Time to Breakeven | 473 days | 140 days |
| Q4 2018 Fed Policy Error / Growth Scare | ||
| % Loss | -24.4% | -19.2% |
| % Gain to Breakeven | 32.4% | 23.8% |
| Time to Breakeven | 295 days | 105 days |
| 2016-2017 Trump Reflation Bond Selloff | ||
| % Loss | -22.5% | -3.7% |
| % Gain to Breakeven | 29.0% | 3.9% |
| Time to Breakeven | 214 days | 6 days |
| 2011 US Debt Ceiling Crisis & European Contagion | ||
| % Loss | -44.5% | -17.9% |
| % Gain to Breakeven | 80.2% | 21.8% |
| Time to Breakeven | 585 days | 123 days |
| 2010 Eurozone Sovereign Debt Crisis / Flash Crash | ||
| % Loss | -47.9% | -15.4% |
| % Gain to Breakeven | 92.0% | 18.2% |
| Time to Breakeven | 1554 days | 125 days |
| 2008-2009 Global Financial Crisis | ||
| % Loss | -72.4% | -53.4% |
| % Gain to Breakeven | 262.7% | 114.4% |
| Time to Breakeven | 202 days | 1085 days |
| Summer 2007 Credit Crunch | ||
| % Loss | -26.1% | -8.6% |
| % Gain to Breakeven | 35.4% | 9.5% |
| Time to Breakeven | 54 days | 47 days |
In The Past
Cimpress's stock fell -18.6% during the 2025 US Tariff Shock. Such a loss loss requires a 22.8% gain to breakeven.
Preserve Wealth
Limiting losses and compounding gains is essential to preserving wealth.
Asset Allocation
Actively managed asset allocation strategies protect wealth. Learn more.
About Cimpress (CMPR)
Cimpress plc (CMPR) is a global leader in mass customization, providing a wide array of personalized physical and digital products and services. The company operates through several key segments, including popular brands like Vistaprint and National Pen, leveraging advanced technology and efficient processes to produce custom items at scale for a broad international clientele.
The company's extensive product and service portfolio includes a variety of marketing and promotional materials. These range from printed items such as business cards, brochures, flyers, signs, and banners, to internet-based canvas prints and customized beverage cans. Cimpress also specializes in promotional gifts like corporate wear, custom writing instruments, travel mugs, and tech gadgets. Additionally, it offers digital services, including website design, hosting, and email marketing, supporting a holistic approach to customer branding and promotion.
Cimpress serves a diverse customer base across North America, Europe, and other international markets. Its primary clients include small businesses, graphic designers, resellers, and printers, as well as teams, associations, groups, and individual consumers and families seeking customized solutions for personal or professional needs.
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Here are 1-3 brief analogies to describe Cimpress (CMPR):
- Amazon for custom print and promotional products.
- Staples or Office Depot, but entirely online and focused on personalized business and marketing materials.
- A super-sized CustomInk or Shutterfly, customizing a vast array of products from business cards to apparel and signs.
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- Printed Marketing Materials: Offers a wide range of print products for marketing, including business cards, brochures, flyers, posters, and letterheads.
- Digital Marketing Services: Provides services such as website design, hosting, and email marketing to support online business presence.
- Business Signage & Décor: Supplies various types of business signage and internet-based canvas-print wall décor.
- Promotional Products: Sells customizable items like writing instruments, corporate-wear, travel mugs, tech gadgets, and other promotional gifts.
- Web-to-Print Services: Allows customers to design and order a variety of print products online, including multi-page brochures, banners, and customized beverage cans.
- Mass Customization Solutions: Provides solutions and support for businesses to offer personalized products across retail, website, and e-commerce platforms.
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Cimpress (CMPR) primarily serves a diverse base of individuals and small organizations through its mass customization services. As the provided company description does not list specific names of other companies as major customers, and explicitly mentions serving individuals and various groups, Cimpress sells primarily to the following categories of customers:
- Consumers: Individuals who purchase a wide range of customized products for personal use, such as photo prints, invitations, personalized gifts, and digital marketing products for individual ventures.
- Families: Households or family units that order custom items for personal occasions, celebrations, home décor, or gifts, including canvas prints, holiday cards, and personalized apparel.
- Teams, Associations, and Groups: Organized collectives of individuals such as local sports teams, community clubs, school groups, non-profit associations, or small social groups. These customers typically order custom apparel, promotional items, signage, or other printed materials for their members, events, or shared activities.
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Robert S. Keane, Chairman & Chief Executive Officer
Robert S. Keane founded what is today Cimpress in 1995 to provide small businesses with high-quality, full-color, professionally designed marketing materials at a low cost and in low volumes. He started the company, originally named Bonne Impression, as a one-person software company in Paris. Prior to founding Cimpress, Mr. Keane was an executive at Flex-Key Corporation from 1988 to 1994, an original equipment manufacturer of keyboards, displays, and retail kiosks. During Cimpress's early days, he also served as an external consultant to Microsoft, advising on graphic design and printing needs for small businesses in Europe for the Microsoft Publisher desktop publishing product team. Mr. Keane holds a B.A. in Economics from Harvard College and an M.B.A. from INSEAD. He is also currently an Independent Director at Astronics Corp.
Sean E. Quinn, Executive Vice President & Chief Financial Officer
Sean E. Quinn has served as Cimpress's Chief Financial Officer since October 2015 and as Executive Vice President since July 2016. He joined Cimpress in October 2009 and has held various senior finance roles within the company, including Senior Vice President, Chief Accounting Officer, Vice President of Corporate Finance, Global Controller, and Director of External Reporting & Accounting.
Florian Baumgartner, Executive Vice President and CEO, Vista
Florian Baumgartner was appointed Chief Executive Officer of the Vista business, Cimpress's largest segment, in February 2023, and became a Cimpress executive officer at the same time. He joined Cimpress and Vista in October 2019 as the President of Vista's international business, overseeing country teams, manufacturing operations outside North America, global promotional products, customer care, and acquisitions including Depositphotos, VistaCreate, and 99Designs by Vista. Before joining Cimpress, Mr. Baumgartner held various leadership roles at Amazon, where he contributed to developing and scaling the European Retail and International Fresh businesses. He also worked as a strategy consultant at McKinsey & Company. Mr. Baumgartner earned a bachelor's degree from Ecole de Management de Lyon and an MBA and Ph.D. in innovation management from WHU Otto Beisheim Graduate School of Management.
Maarten Wensveen, Executive Vice President & Chief Technology and MCP Operations Officer
Maarten Wensveen has served as Cimpress's Executive Vice President and Chief Technology Officer since February 2019. In this role, he leads the Cimpress Technology team, focusing on the development and operation of the company's mass customization platform and other strategic technology capabilities. Mr. Wensveen started his first company in the Netherlands at 25 years old and sold it six years later. He then joined Albumprinter, a rapidly growing startup, where he was responsible for software and technology infrastructure. He joined Cimpress in 2011 when Vistaprint acquired Albumprinter BV, which by then was a leading European provider of personalized photobooks.
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Cimpress plc (CMPR) faces several key risks, primarily stemming from its exposure to macroeconomic fluctuations, intense competitive pressures, and rising operational costs, including the impact of tariffs.
The most significant risk to Cimpress is its **macroeconomic sensitivity and the highly competitive market landscape**. As a provider of marketing materials and customized products, Cimpress is heavily exposed to economic downturns, which directly lead to reductions in marketing expenditures by its core small business customers. This sensitivity impacts Cimpress's financial performance and revenue growth. The company also operates in an intensely competitive, fragmented market with price competition from online giants like Amazon and numerous other online and offline providers. Cimpress must continually innovate and differentiate its offerings to maintain market share against new and existing competitors who may offer similar products at lower prices or with faster delivery. This competitive environment, coupled with macroeconomic shifts, has contributed to slowing growth and pressure on margins, as well as volatility in net income.
Secondly, Cimpress is significantly impacted by **rising costs and potential supply chain disruptions**. The company faces increasing operating expenses due to higher costs for crucial inputs such as paper and other production materials, along with elevated freight and shipping charges, and energy costs. Furthermore, U.S. tariffs on products sourced from countries like China, particularly affecting promotional products, directly challenge the company's cost structures and profitability, especially within its National Pen segment. Although Cimpress actively manages these challenges through supply chain adjustments and pricing strategies, these factors remain a persistent vulnerability to its margins.
Finally, **high debt levels and exposure to foreign exchange fluctuations** pose notable financial risks. Cimpress has reported substantial debt, reaching approximately $1.6 billion in fiscal year 2025. This level of debt can constrain financial flexibility and increase interest expenses. Additionally, due to its international operations across North America, Europe, and other regions, Cimpress is exposed to the risk of adverse currency fluctuations. A strengthening U.S. dollar, for instance, can necessitate price increases or lead to reduced profit margins in non-U.S. markets, thereby affecting overall profitability.
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The rapid advancements in AI-powered graphic design and content generation tools, coupled with an accelerating shift towards digital-first marketing strategies, pose a clear emerging threat. As businesses and individuals increasingly rely on sophisticated AI to create professional-quality digital marketing materials (e.g., social media content, website banners, email campaigns) quickly and cost-effectively, the demand for physical printed marketing products, such as business cards, flyers, brochures, and banners—which constitute a significant portion of Cimpress's core offerings—may experience a secular decline. This trend challenges the fundamental need for many of Cimpress's physical customization services as digital alternatives become more prevalent and powerful.
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Cimpress plc operates in several mass customization markets globally. The addressable market sizes for their main products and services are outlined below:
- Commercial Printing (including printed and digital marketing products, multi-page brochures, flyers, business cards, signs, leaflets, booklets, posters, letterheads, and banners): The global commercial printing market was valued at approximately USD 489.53 billion in 2023, with projections to reach USD 590.21 billion by 2032. Other estimates place the global market at USD 501.36 billion in 2024, growing to USD 598.06 billion by 2030, or USD 782.8 billion in 2025, anticipated to reach USD 861.0 billion by 2034.
- Web-to-Print Services: The global web-to-print (W2P) market size was valued at USD 34.78 billion in 2024 and is estimated to reach USD 51.89 billion by 2033. Another report indicates the market size is expected to increase from USD 26.59 billion in 2025 to USD 36.38 billion by 2031.
- Promotional Products (including customized writing instruments, travel mugs, water bottles, tech gadgets, corporate-wear, and promotional gifts): The global promotional products market was valued at USD 26.55 billion in 2025 and is projected to reach USD 36.98 billion by 2033. Another estimate for the global market is USD 22.44 billion in 2026, with a projection to reach USD 46.22 billion by 2035.
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Digital Marketing Services:
- Overall Digital Marketing: The global digital marketing market size was valued at USD 410.7 billion in 2024, with a projection to reach USD 1.18 trillion by 2033. Other sources report the market size at USD 456.7 billion in 2025 or USD 653.65 billion in 2025.
- Email Marketing Services: The global Email Marketing Market was valued at approximately USD 11.5 billion in 2023 and is expected to reach USD 46.1 billion by 2033. In 2025, the market size is projected to be USD 12.84 billion.
- Website Design Services: The global Web Design market size is USD 56.815 billion in 2024, with an expected growth to USD 100.57 billion by 2031.
- Web Hosting Services: The global web hosting market is projected to grow from USD 125.36 billion in 2025 to USD 355.81 billion by 2029.
- Canvas-Print Wall Décor: The global canvas for digital printing market is valued at approximately USD 1.5 billion in 2025, with projections to exceed USD 2.5 billion by 2033.
- Business Signage (Printed Signage): The global printed signage market size was valued at USD 43.3 billion in 2024 and is expected to reach USD 55.6 billion by 2033. Another source estimated the market size at USD 43.28 billion in 2024, growing to USD 51.72 billion by 2033.
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- Expansion of Elevated Products and Services: Cimpress is focusing on high-demand, higher-value products such as promotional items, branded clothing, merchandise, signage, packaging, and gifts. This category has shown robust growth, with VistaPrint, a key segment, achieving over 10% organic growth in promotional products for 18 consecutive quarters, effectively doubling revenue in three years. This focus aims to enhance customer value and increase wallet share.
- Strategic Collaboration and Synergy Across Brands: The company is deepening the collaboration between its subsidiaries, including VistaPrint, National Pen, and BuildASign. This involves actively sharing capabilities such as product development, sourcing, performance marketing, telesales, direct mail, and manufacturing. This synergy is designed to deliver better outcomes at VistaPrint by leveraging the strengths of National Pen and BuildASign, while maintaining distinct brand identities.
- Geographic Expansion: A core initiative is the aggressive rollout of its National Pen brand across Europe, targeting the fragmented B2B promotional products sector. This market is projected to be a significant new revenue stream, with the European market expected to reach $23.4 billion by 2026.
- New Product Category Launches and Diversification: Cimpress is actively expanding its product offerings by launching new categories, including expanded apparel and home goods lines. In 2024, the company announced the launch of 40 new product categories, aimed at increasing customer lifetime value and average order frequency across its platforms.
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Share Repurchases
- On May 29, 2024, Cimpress' Board of Directors authorized the repurchase of up to $200.0 million in ordinary shares, with no set expiration date.
- During fiscal year 2024, Cimpress repurchased 300,000 ordinary shares from The Spruce House Partnership LLC at a price of $97.50 per share.
- Between October 1, 2025, and December 31, 2025, Cimpress repurchased 369,711 shares for $25.5 million under its existing buyback program.
Share Issuance
- The number of outstanding shares for Cimpress decreased from 26.09 million in 2021 to 24.57 million in 2025, indicating a net reduction through repurchases despite some share issuances from equity award vesting.
- Equity awards, such as restricted share units and performance share units, vested and converted into ordinary shares, as exemplified on February 15, 2026.
Capital Expenditures
- Capital expenditures were -$89 million for the fiscal year ended June 30, 2025, representing a 62.08% increase year-over-year.
- Cimpress' capital expenditures were -$55 million for the fiscal year ended June 30, 2024, and -$54 million for the fiscal year ended June 30, 2023.
- The primary focus of capital expenditures includes investments in technology replatforming for enhanced manufacturing efficiencies, the Mass Customization Platform (MCP), and manufacturing capabilities to reduce costs and accelerate new product introductions.
Peer Outperformance in Diversified Support Services
| Ticker | Name | Rev Growth 3Y Avg | P/E | 1Y | 3Y | 5Y | 5Y Gap |
|---|---|---|---|---|---|---|---|
| CMPR | Cimpress | 6.7% | 16.1x | -9.7% | -9.6% | -39.0% | — |
| OPLN | Openlane | 9.4% | 21.3x | 37.7% | 138.0% | 134.3% | +173pp |
| CTAS | Cintas | 8.7% | 43.2x | 21.5% | 73.5% | 110.9% | +150pp |
| MGRC | McGrath RentCorp | 6.3% | 19.2x | 20.1% | 29.3% | 73.3% | +112pp |
| LDOS | Leidos | 5.5% | 11.6x | -31.1% | 33.5% | 49.4% | +88pp |
| UNF | UniFirst | 4.2% | 38.9x | 57.9% | 41.3% | 17.4% | +56pp |
| Industry | Names | 1Y med | 3Y med | 5Y med | Top 3 by 5Y |
|---|---|---|---|---|---|
| Marine Transportation | 5 | 31.6% | 32.1% | 105.5% | MATX 153% · KEX 106% |
| Construction & Engineering | 28 | -22.1% | 92.9% | 93.8% | FIX 949% · STRL 830% · AGX 565% |
| Construction Machinery & Heavy Transportation Equipment | 14 | 7.5% | 66.0% | 93.0% | ALSN 256% · WAB 210% · CAT 195% |
| Aerospace & Defense | 54 | -0.9% | 55.7% | 55.7% | ATI 891% · FTAI 850% · HWM 525% |
| Trading Companies & Distributors | 19 | 5.3% | 32.0% | 31.6% | DXPE 298% · AIT 187% · URI 180% |
| Industrial Machinery & Supplies & Components | 71 | 0.9% | 49.5% | 28.8% | CRS 795% · MLI 302% · SYM 266% |
| Rail Transportation | 7 | 34.9% | 68.8% | 25.2% | CSX 48% · UNP 36% · NSC 25% |
| Diversified Support Services ← | 34 | 15.4% | 37.0% | 15.8% | CXW 200% · OPLN 134% · CACI 113% |
| Building Products | 34 | -6.6% | 6.9% | 12.8% | MOD 760% · GFF 339% · TT 132% |
| Cargo Ground Transportation | 16 | 30.0% | 10.9% | 2.2% | XPO 270% · R 245% · ARCB 19% |
| Industrial Conglomerates | 17 | 13.4% | 3.3% | -0.6% | CSW 99% · CSL 70% · DD 67% |
| Office Services & Supplies | 10 | 19.2% | 22.9% | -2.5% | PBI 157% · HNI 37% · MSA 18% |
| Electrical Components & Equipment | 39 | -8.1% | 59.1% | -5.3% | POWL 1454% · VRT 565% · BE 441% |
| Data Processing & Outsourced Services | 6 | -11.7% | 1.7% | -13.8% | EXLS 57% · BR 20% · G -10% |
| Research & Consulting Services | 13 | 0.2% | -15.7% | -24.2% | HURN 210% · FCN 36% · BAH 9% |
| Agricultural & Farm Machinery | 16 | 14.3% | -4.3% | -25.5% | DE 102% · TTC 15% · AGCO 3% |
| Environmental & Facilities Services | 29 | -19.4% | 26.4% | -27.0% | GEO 191% · CLH 168% · RSG 98% |
| Security & Alarm Services | 9 | -45.7% | 29.4% | -27.5% | BCO 65% |
| Passenger Airlines | 11 | 6.4% | 67.5% | -34.4% | LTM 3140% · UAL 114% · DAL 105% |
| Air Freight & Logistics | 12 | -29.4% | -9.4% | -40.2% | FDX 75% · EXPD 56% · CHRW 50% |
| Human Resource & Employment Services | 22 | 23.6% | -9.6% | -42.8% | ADP 48% · FA 24% · PAYX 10% |
| Passenger Ground Transportation | 3 | -19.6% | 37.4% | -58.0% | UBER 45% · CAR -58% · LYFT -68% |
| Airport Services | 4 | -46.5% | -66.9% | -87.0% | JOBY -40% |
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Peer Comparisons
| Peers to compare with: |
Financials
| Median | |
|---|---|
| Name | |
| Mkt Price | 23.71 |
| Mkt Cap | 0.9 |
| Rev LTM | 2,251 |
| Op Inc LTM | 179 |
| FCF LTM | 91 |
| FCF 3Y Avg | 106 |
| CFO LTM | 186 |
| CFO 3Y Avg | 170 |
Growth & Margins
| Median | |
|---|---|
| Name | |
| Rev Chg LTM | 1.3% |
| Rev Chg 3Y Avg | -2.0% |
| Rev Chg Q | 3.0% |
| QoQ Delta Rev Chg LTM | 0.7% |
| Op Inc Chg LTM | -1.7% |
| Op Inc Chg 3Y Avg | 4.2% |
| Op Mgn LTM | 8.9% |
| Op Mgn 3Y Avg | 9.1% |
| QoQ Delta Op Mgn LTM | -0.3% |
| CFO/Rev LTM | 11.3% |
| CFO/Rev 3Y Avg | 10.3% |
| FCF/Rev LTM | 6.7% |
| FCF/Rev 3Y Avg | 6.0% |
Segment Financials
Revenue by Segment| $ Mil | 2026 | 2025 | 2024 | 2023 | 2022 |
|---|---|---|---|---|---|
| Vista | 1,934 | 1,825 | 1,743 | 1,615 | 1,515 |
| PrintBrothers | 823 | 669 | 640 | 579 | 527 |
| National Pen | 447 | 407 | 390 | 366 | 342 |
| The Print Group | 446 | 379 | 355 | 343 | 330 |
| All Other Businesses | 258 | 228 | 217 | 212 | 206 |
| Inter-segment eliminations | -172 | -105 | -52 | -35 | -32 |
| Total | 3,737 | 3,403 | 3,292 | 3,080 | 2,888 |
| $ Mil | 2026 | 2025 | 2024 | 2023 | 2022 |
|---|---|---|---|---|---|
| Vista | 393 | 348 | 348 | 238 | 195 |
| PrintBrothers | 101 | 83 | 92 | 72 | 67 |
| The Print Group | 86 | 71 | 66 | 56 | 59 |
| National Pen | 41 | 31 | 30 | 23 | 27 |
| All Other Businesses | 22 | 22 | 22 | 24 | 23 |
| Certain impairments and other adjustments | -1 | -5 | -1 | -7 | 10 |
| Proceeds from insurance | -1 | ||||
| Restructuring-related charges | -6 | -6 | -0 | -44 | -14 |
| Elimination | -71 | -29 | -12 | -9 | |
| Depreciation and amortization | -152 | -141 | -152 | -162 | -176 |
| Central and corporate costs | -160 | -148 | -145 | -134 | -144 |
| Total | 251 | 226 | 247 | 57 | 47 |
Price Behavior
| Market Price | $56.38 | |
| Market Cap ($ Bil) | 1.4 | |
| First Trading Date | 09/30/2005 | |
| Distance from 52W High | -46.5% | |
| 50 Days | 200 Days | |
| DMA Price | $77.31 | $83.95 |
| DMA Trend | down | indeterminate |
| Distance from DMA | -27.1% | -32.8% |
| 3M | 1YR | |
| Volatility | 55.9% | 46.3% |
| Downside Capture | 315.72 | 88.72 |
| Upside Capture | 80.67 | 73.04 |
| Correlation (S&P 500) | 29.3% | 24.8% |
| 1M | 2M | 3M | 6M | 1Y | 3Y | |
|---|---|---|---|---|---|---|
| Beta | 1.66 | 1.21 | 1.37 | 0.48 | 0.85 | 1.11 |
| Up Beta | 1.58 | -0.72 | 0.46 | -0.38 | 1.04 | 1.26 |
| Down Beta | 0.26 | 0.88 | 0.86 | 0.82 | 1.07 | 1.15 |
| Up Capture | -22% | 8% | 35% | -2% | 39% | 65% |
| Bmk +ve Days | 12 | 18 | 28 | 62 | 130 | 427 |
| Stock +ve Days | 9 | 16 | 24 | 56 | 120 | 367 |
| Down Capture | 380% | 302% | 299% | 129% | 96% | 103% |
| Bmk -ve Days | 10 | 25 | 36 | 64 | 121 | 325 |
| Stock -ve Days | 13 | 27 | 40 | 70 | 131 | 382 |
[1] Upside and downside betas calculated using positive and negative benchmark daily returns respectively
Based On 1-Year Data
| Annualized Return | Annualized Volatility | Sharpe Ratio | Correlation with CMPR | |
|---|---|---|---|---|
| CMPR | -12.9% | 46.3% | -0.16 | - |
| Sector ETF (XLI) | 7.1% | 17.8% | 0.22 | 11.5% |
| Equity (SPY) | 9.5% | 13.6% | 0.40 | 25.0% |
| Gold (GLD) | 1.6% | 28.7% | 0.05 | -1.3% |
| Commodities (DBC) | 38.4% | 21.2% | 1.42 | -17.2% |
| Real Estate (VNQ) | 11.3% | 14.2% | 0.51 | 12.4% |
| Bitcoin (BTCUSD) | -26.9% | 43.6% | -0.60 | 8.6% |
Smart multi-asset allocation framework can stack odds in your favor. Learn How
Based On 5-Year Data
| Annualized Return | Annualized Volatility | Sharpe Ratio | Correlation with CMPR | |
|---|---|---|---|---|
| CMPR | -7.5% | 54.7% | 0.05 | - |
| Sector ETF (XLI) | 10.9% | 17.7% | 0.45 | 42.2% |
| Equity (SPY) | 11.3% | 17.3% | 0.48 | 43.8% |
| Gold (GLD) | 17.5% | 19.1% | 0.74 | 3.7% |
| Commodities (DBC) | 8.1% | 19.6% | 0.30 | 6.1% |
| Real Estate (VNQ) | 1.3% | 18.9% | -0.04 | 41.0% |
| Bitcoin (BTCUSD) | 4.1% | 51.6% | 0.26 | 22.4% |
Smart multi-asset allocation framework can stack odds in your favor. Learn How
Based On 10-Year Data
| Annualized Return | Annualized Volatility | Sharpe Ratio | Correlation with CMPR | |
|---|---|---|---|---|
| CMPR | -3.1% | 54.7% | 0.16 | - |
| Sector ETF (XLI) | 13.0% | 20.1% | 0.56 | 48.3% |
| Equity (SPY) | 15.0% | 18.0% | 0.70 | 47.1% |
| Gold (GLD) | 11.9% | 16.5% | 0.59 | 5.2% |
| Commodities (DBC) | 7.5% | 18.1% | 0.33 | 13.9% |
| Real Estate (VNQ) | 5.9% | 20.7% | 0.24 | 43.5% |
| Bitcoin (BTCUSD) | 60.1% | 66.3% | 1.00 | 14.8% |
Smart multi-asset allocation framework can stack odds in your favor. Learn How
Returns Analyses
Earnings Returns History
Updated 11/6/2026| Forward Returns | |||
|---|---|---|---|
| Earnings Date | 1D Returns | 5D Returns | 21D Returns |
| 10/28/2026 | -19.3% | -15.3% | |
| 7/29/2026 | -3.0% | 3.2% | -8.8% |
| 4/30/2026 | 6.0% | 4.0% | 11.9% |
| 1/28/2026 | 0.1% | -3.8% | -6.2% |
| 10/29/2025 | 11.1% | -3.0% | 1.5% |
| 7/29/2025 | 12.1% | 11.5% | 26.6% |
| 4/30/2025 | -6.6% | -1.7% | 5.3% |
| 1/29/2025 | -5.5% | -22.0% | -35.2% |
| ... | |||
| SUMMARY STATS | |||
| # Positive | 12 | 13 | 13 |
| # Negative | 12 | 11 | 10 |
| Median Positive | 5.6% | 6.3% | 11.9% |
| Median Negative | -6.9% | -6.8% | -10.1% |
| Max Positive | 21.7% | 13.0% | 32.5% |
| Max Negative | -19.3% | -22.0% | -35.2% |
| Forward Returns | |||
|---|---|---|---|
| Earnings Date | 1D Returns | 5D Returns | 21D Returns |
| 10/28/2026 | -19.3% | -15.3% | |
| 7/29/2026 | -3.0% | 3.2% | -8.8% |
| 4/30/2026 | 6.0% | 4.0% | 11.9% |
| 1/28/2026 | 0.1% | -3.8% | -6.2% |
| 10/29/2025 | 11.1% | -3.0% | 1.5% |
| 7/29/2025 | 12.1% | 11.5% | 26.6% |
| 4/30/2025 | -6.6% | -1.7% | 5.3% |
| 1/29/2025 | -5.5% | -22.0% | -35.2% |
| 10/30/2024 | -9.4% | 6.2% | 5.5% |
| 7/31/2024 | 4.7% | -8.3% | 9.7% |
| 5/1/2024 | -2.0% | 0.6% | -2.1% |
| 1/31/2024 | 21.7% | 12.5% | 32.5% |
| 10/25/2023 | 1.1% | -5.6% | 18.1% |
| 7/26/2023 | 5.1% | 8.1% | -3.5% |
| 4/26/2023 | 21.1% | 13.0% | 12.9% |
| 1/25/2023 | -9.1% | 7.5% | 0.4% |
| 10/26/2022 | -13.2% | 4.5% | 25.7% |
| 7/27/2022 | 12.0% | 9.6% | 12.8% |
| 4/27/2022 | -7.2% | -4.5% | -23.4% |
| 1/26/2022 | -4.4% | -6.8% | -11.4% |
| 10/27/2021 | 3.2% | 6.3% | -8.6% |
| 7/28/2021 | -11.0% | -14.0% | -21.2% |
| 4/28/2021 | 1.2% | 1.1% | 3.7% |
| 1/27/2021 | -4.0% | -17.0% | -13.4% |
| SUMMARY STATS | |||
| # Positive | 12 | 13 | 13 |
| # Negative | 12 | 11 | 10 |
| Median Positive | 5.6% | 6.3% | 11.9% |
| Median Negative | -6.9% | -6.8% | -10.1% |
| Max Positive | 21.7% | 13.0% | 32.5% |
| Max Negative | -19.3% | -22.0% | -35.2% |
SEC Filings
Expand for More| Report Date | Filing Date | Filing |
|---|---|---|
| 09/30/2026 | 10/29/2026 | 10-Q |
| 06/30/2026 | 08/07/2026 | 10-K |
| 03/31/2026 | 05/01/2026 | 10-Q |
| 12/31/2025 | 01/29/2026 | 10-Q |
| 09/30/2025 | 10/30/2025 | 10-Q |
| 06/30/2025 | 08/08/2025 | 10-K |
| 03/31/2025 | 05/02/2025 | 10-Q |
| 12/31/2024 | 01/31/2025 | 10-Q |
| 09/30/2024 | 10/31/2024 | 10-Q |
| 06/30/2024 | 08/09/2024 | 10-K |
| 03/31/2024 | 05/02/2024 | 10-Q |
| 12/31/2023 | 02/01/2024 | 10-Q |
| 09/30/2023 | 10/26/2023 | 10-Q |
| 06/30/2023 | 08/04/2023 | 10-K |
| 03/31/2023 | 04/27/2023 | 10-Q |
| 12/31/2022 | 01/26/2023 | 10-Q |
| Report Date | Filing Date | Filing |
|---|---|---|
| 09/30/2026 | 10/29/2026 | 10-Q |
| 06/30/2026 | 08/07/2026 | 10-K |
| 03/31/2026 | 05/01/2026 | 10-Q |
| 12/31/2025 | 01/29/2026 | 10-Q |
| 09/30/2025 | 10/30/2025 | 10-Q |
| 06/30/2025 | 08/08/2025 | 10-K |
| 03/31/2025 | 05/02/2025 | 10-Q |
| 12/31/2024 | 01/31/2025 | 10-Q |
| 09/30/2024 | 10/31/2024 | 10-Q |
| 06/30/2024 | 08/09/2024 | 10-K |
| 03/31/2024 | 05/02/2024 | 10-Q |
| 12/31/2023 | 02/01/2024 | 10-Q |
| 09/30/2023 | 10/26/2023 | 10-Q |
| 06/30/2023 | 08/04/2023 | 10-K |
| 03/31/2023 | 04/27/2023 | 10-Q |
| 12/31/2022 | 01/26/2023 | 10-Q |
| 09/30/2022 | 10/27/2022 | 10-Q |
| 06/30/2022 | 08/05/2022 | 10-K |
| 03/31/2022 | 04/28/2022 | 10-Q |
| 12/31/2021 | 01/27/2022 | 10-Q |
| 09/30/2021 | 10/28/2021 | 10-Q |
| 06/30/2021 | 08/06/2021 | 10-K |
| 03/31/2021 | 04/29/2021 | 10-Q |
| 12/31/2020 | 01/28/2021 | 10-Q |
| 09/30/2020 | 10/29/2020 | 10-Q |
| 06/30/2020 | 08/11/2020 | 10-K |
| 03/31/2020 | 05/06/2020 | 10-Q |
| 12/31/2019 | 01/30/2020 | 10-Q |
Recent Forward Guidance
Updated 11/2/2026Latest: Q1 2027 Earnings Reported 10/28/2026
| Forward Guidance | Guidance Change | |||||||
|---|---|---|---|---|---|---|---|---|
| Metric | Source | Low | Mid | High | % Chg | % Delta | Change | Prior |
| 2027 Depreciation and Amortization | Reported | 179.00 Mil | 0.0% | Affirmed | Guidance: 179.00 Mil for 2027 | |||
| 2027 Share-Based Compensation Expense | Reported | 62.00 Mil | 0.0% | Affirmed | Guidance: 62.00 Mil for 2027 | |||
| 2027 Restructuring-Related Charges | Reported | 4.00 Mil | ||||||
| 2027 Net Cash Provided by Operating Activities | Reported | 370.00 Mil | 0.0% | Affirmed | Guidance: 370.00 Mil for 2027 | |||
| 2027 Purchases of Property, Plant and Equipment | Reported | 100.00 Mil | -200.0% | Raised | Guidance: -100.00 Mil for 2027 | |||
| 2027 Capitalization of Software and Website Development Costs | Reported | 70.00 Mil | -200.0% | Raised | Guidance: -70.00 Mil for 2027 | |||
| 2027 Net Leverage | Reported | 2.5 | 0.0% | Affirmed | Guidance: 2.5 for 2027 | |||
| 2027 Reported Revenue Growth | Reported | 7.0% | 7.0% | 0.0% | Affirmed | Guidance: 7.0% for 2027 | ||
| 2027 Organic Constant-Currency Revenue Growth | Reported | 3.0% | 3.0% | 0.0% | Affirmed | Guidance: 3.0% for 2027 | ||
| 2027 Adjusted EBITDA | Reported | 520.00 Mil | 520.00 Mil | 0.0% | Affirmed | Guidance: 520.00 Mil for 2027 | ||
| 2027 Interest Expense, Net | Reported | 100.00 Mil | 5.3% | Raised | Guidance: 95.00 Mil for 2027 | |||
| 2027 Income Tax Expense | Reported | 59.00 Mil | 0.0% | Affirmed | Guidance: 59.00 Mil for 2027 | |||
| 2027 GAAP Net Income | Reported | 116.00 Mil | 116.00 Mil | -7.2% | Lowered | Guidance: 125.00 Mil for 2027 | ||
| 2027 Adjusted Free Cash Flow | Reported | 200.00 Mil | 0.0% | Affirmed | Guidance: 200.00 Mil for 2027 | |||
| 2028 Depreciation and Amortization | Reported | 184.00 Mil | 0.0% | Affirmed | Guidance: 184.00 Mil for 2028 | |||
| 2028 Share-Based Compensation Expense | Reported | 62.00 Mil | 0.0% | Affirmed | Guidance: 62.00 Mil for 2028 | |||
| 2028 Organic Constant-Currency Revenue Growth | Reported | 4.0% | 5.0% | 6.0% | 0.0% | Affirmed | Guidance: 5.0% for 2028 | |
| 2028 Adjusted EBITDA | Reported | 615.00 Mil | 615.00 Mil | 0.0% | Affirmed | Guidance: 615.00 Mil for 2028 | ||
| 2028 Adjusted EBITDA Conversion to Adjusted Free Cash Flow | Reported | 0.45 | 0.0% | Affirmed | Guidance: 0.45 for 2028 | |||
| 2028 Interest Expense, Net | Reported | 95.00 Mil | 0.0% | Affirmed | Guidance: 95.00 Mil for 2028 | |||
| 2028 Income Tax Expense | Reported | 82.00 Mil | 0.0% | Affirmed | Guidance: 82.00 Mil for 2028 | |||
| 2028 GAAP Net Income | Reported | 192.00 Mil | 192.00 Mil | 0.0% | Affirmed | Guidance: 192.00 Mil for 2028 | ||
Prior: Q4 2026 Earnings Reported 7/29/2026
| Forward Guidance | Guidance Change | |||||||
|---|---|---|---|---|---|---|---|---|
| Metric | Source | Low | Mid | High | % Chg | % Delta | Change | Prior |
| 2027 Depreciation and Amortization | Reported | 179.00 Mil | ||||||
| 2027 Share-Based Compensation Expense | Reported | 62.00 Mil | ||||||
| 2027 Operating Cash Flow | Reported | 370.00 Mil | ||||||
| 2027 Capitalization of Software and Website Development Costs | Reported | -70.00 Mil | ||||||
| 2027 Currency Impact on Profitability | Reported | 5.00 Mil | 7.50 Mil | 10.00 Mil | ||||
| 2027 Net Leverage Ratio | Reported | 2.5 | ||||||
| 2027 Reported Revenue Growth | Reported | 7.0% | 7.0% | |||||
| 2027 Currency Impact on Revenue Growth | Reported | 1.0% | ||||||
| 2027 Impact of TTM Acquisitions, Divestitures & JVs on Revenue Growth | Reported | -5.0% | ||||||
| 2027 Organic Constant-Currency Revenue Growth | Reported | 3.0% | 3.0% | -1.5% | Lower New | Guidance: 4.5% for 2026 | ||
| 2027 M&A Revenue Benefit | Reported | 165.00 Mil | 170.00 Mil | 175.00 Mil | ||||
| 2027 Adjusted EBITDA | Reported | 520.00 Mil | 520.00 Mil | 11.8% | Higher New | Guidance: 465.00 Mil for 2026 | ||
| 2027 M&A Adjusted EBITDA Benefit | Reported | 18.00 Mil | 19.50 Mil | 21.00 Mil | ||||
| 2027 Interest Expense, Net | Reported | 95.00 Mil | ||||||
| 2027 Income Tax Expense | Reported | 59.00 Mil | ||||||
| 2027 Net Income | Reported | 125.00 Mil | 125.00 Mil | 43.7% | Higher New | Guidance: 87.00 Mil for 2026 | ||
| 2027 Capital Expenditures | Reported | -100.00 Mil | ||||||
| 2027 Adjusted Free Cash Flow | Reported | 200.00 Mil | 50.9% | Higher New | Guidance: 132.50 Mil for 2026 | |||
| 2028 Depreciation and Amortization | Reported | 184.00 Mil | ||||||
| 2028 Share-Based Compensation Expense | Reported | 62.00 Mil | ||||||
| 2028 Organic Constant-Currency Revenue Growth | Reported | 4.0% | 5.0% | 6.0% | ||||
| 2028 Adjusted EBITDA | Reported | 615.00 Mil | 615.00 Mil | 2.5% | Raised | Guidance: 600.00 Mil for 2028 | ||
| 2028 Adjusted EBITDA Conversion to Adjusted Free Cash Flow | Reported | 0.45 | ||||||
| 2028 Interest Expense, Net | Reported | 95.00 Mil | ||||||
| 2028 Income Tax Expense | Reported | 82.00 Mil | ||||||
| 2028 Net Income | Reported | 192.00 Mil | 192.00 Mil | -4.0% | Lowered | Guidance: 200.00 Mil for 2028 | ||
Q3 2026 Earnings Reported 4/30/2026
| Forward Guidance | Guidance Change | |||||||
|---|---|---|---|---|---|---|---|---|
| Metric | Source | Low | Mid | High | % Chg | % Delta | Change | Prior |
| 2026 Organic constant-currency revenue growth | Reported | 4.0% | 4.5% | 5.0% | 28.6% | 1.0% | Raised | Guidance: 3.5% for 2026 |
| 2026 Adjusted EBITDA | Reported | 465.00 Mil | 1.1% | Raised | Guidance: 460.00 Mil for 2026 | |||
| 2026 GAAP net income | Reported | 87.00 Mil | 10.1% | Raised | Guidance: 79.00 Mil for 2026 | |||
| 2026 Adjusted free cash flow | Reported | 132.50 Mil | -8.6% | Lowered | Guidance: 145.00 Mil for 2026 | |||
| 2028 Adjusted EBITDA | Reported | 600.00 Mil | 0 | Affirmed | Guidance: 600.00 Mil for 2028 | |||
| 2028 GAAP net income | Reported | 200.00 Mil | 0 | Affirmed | Guidance: 200.00 Mil for 2028 | |||
Q2 2026 Earnings Reported 1/28/2026
| Forward Guidance | Guidance Change | |||||||
|---|---|---|---|---|---|---|---|---|
| Metric | Source | Low | Mid | High | % Chg | % Delta | Change | Prior |
| 2026 Operating Cash Flow | Reported | 313.30 Mil | 1.1% | Raised | Guidance: 310.00 Mil for 2026 | |||
| 2026 Revenue Growth | Reported | 7.0% | 7.5% | 8.0% | 2.0% | Raised | Guidance: 5.5% for 2026 | |
| 2026 Organic Constant-Currency Revenue Growth | Reported | 3.0% | 3.5% | 4.0% | 1.0% | Raised | Guidance: 2.5% for 2026 | |
| 2026 Adjusted EBITDA | Reported | 460.00 Mil | 2.2% | Raised | Guidance: 450.00 Mil for 2026 | |||
| 2026 Net Income | Reported | 79.00 Mil | 9.7% | Raised | Guidance: 72.00 Mil for 2026 | |||
| 2026 Adjusted Free Cash Flow | Reported | 145.00 Mil | 3.6% | Raised | Guidance: 140.00 Mil for 2026 | |||
| 2028 Adjusted EBITDA | Reported | 600.00 Mil | 0.0% | Affirmed | Guidance: 600.00 Mil for 2028 | |||
| 2028 Net Income | Reported | 200.00 Mil | 0.0% | Affirmed | Guidance: 200.00 Mil for 2028 | |||
| 2027 Annualized Efficiency Benefits | Reported | 70.00 Mil | 75.00 Mil | 80.00 Mil | ||||
Insider Activity
Updated 10/19/2026| # | Owner | Title | Holding | Action | Filing Date | Price | Shares | Transacted Value | Value of Held Shares | Form |
|---|---|---|---|---|---|---|---|---|---|---|
| 1 | Keane, Robert S | CEO, Chairman | Direct | Sell | 9152026 | 84.91 | 12,000 | 1,018,886 | 7,740,734 | Form |
| 2 | Keane, Robert S | CEO, Chairman | Second Delaware 2003, LLC | Sell | 9152026 | 84.88 | 16,000 | 1,358,103 | 64,849,426 | Form |
| 3 | Keane, Robert S | CEO, Chairman | Direct | Sell | 8132026 | 96.09 | 6,500 | 624,611 | 7,320,152 | Form |
| 4 | Quinn, Sean Edward | EVP, Chief Financial Officer | Direct | Sell | 5292026 | 104.22 | 5,009 | 522,038 | 3,015,814 | Form |
| 5 | Quinn, Sean Edward | EVP, Chief Financial Officer | Direct | Sell | 5292026 | 104.61 | 22,980 | 2,403,871 | 3,027,016 | Form |
| # | Owner | Title | Holding | Action | Filing Date | Price | Shares | Transacted Value | Value of Held Shares | Form |
|---|---|---|---|---|---|---|---|---|---|---|
| 1 | Keane, Robert S | CEO, Chairman | Direct | Sell | 9152026 | 84.91 | 12,000 | 1,018,886 | 7,740,734 | Form |
| 2 | Keane, Robert S | CEO, Chairman | Second Delaware 2003, LLC | Sell | 9152026 | 84.88 | 16,000 | 1,358,103 | 64,849,426 | Form |
| 3 | Keane, Robert S | CEO, Chairman | Direct | Sell | 8132026 | 96.09 | 6,500 | 624,611 | 7,320,152 | Form |
| 4 | Quinn, Sean Edward | EVP, Chief Financial Officer | Direct | Sell | 5292026 | 104.22 | 5,009 | 522,038 | 3,015,814 | Form |
| 5 | Quinn, Sean Edward | EVP, Chief Financial Officer | Direct | Sell | 5292026 | 104.61 | 22,980 | 2,403,871 | 3,027,016 | Form |
| 6 | Wensveen, Maarten | EVP & Chief Technology Officer | Direct | Sell | 5072026 | 92.96 | 19,251 | 1,789,550 | 1,828,871 | Form |
| 7 | Quinn, Sean Edward | EVP, Chief Financial Officer | Direct | Buy | 11072025 | 62.79 | 4,000 | 251,175 | 2,290,963 | Form |
| 8 | Wensveen, Maarten | EVP & Chief Technology Officer | Direct | Sell | 11052025 | 68.36 | 22,830 | 1,560,606 | 1,407,280 | Form |
Investor Activity (13F)
Updated Nov 7, 2026Active managers (13F portfolio over $250M, at least 3 holdings) with a position over $5M that is either over 10% of their portfolio or held in a concentrated book of 50 or fewer total positions. Index/ETF, sovereign, bank, community-bank and charitable/donor-advised filers are excluded.
| Active Manager |
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Industry Resources
| Industrials Resources |
| IndustryWeek |
| Manufacturing.net |
| Aviation Week |
| Diversified Support Services Resources |
| Facilities Management Journal (FMJ) |
| Supply Chain Brain |
| Corporate Services News |
External Quote Links
| Y Finance | Barrons |
| TradingView | Morningstar |
| SeekingAlpha | ValueLine |
| Motley Fool | Robinhood |
| CNBC | Etrade |
| MarketWatch | Unusual Whales |
| YCharts | Perplexity Finance |
| FinViz |
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