CMPRCimpress plc
Earnings Recap
• Reported GAAP EPS of $0.57 up 272.73% YoY • Reported revenue of $886.21M up 12.25% YoY • Cimpress is raising its FY2026 outlook, projecting revenue growth of 9%-10%, adjusted EBITDA of at least $465 million, and adjusted free cash flow of $130 million-$135 million. Cimpress also expects net leverage to be 3.0x or below by FY2026 end.
Bullish
Cimpress achieved strong Q3 revenue and adjusted EBITDA growth, driven by strategic investments in AI and manufacturing for efficiency. Improvements in customer experience and elevated products also fueled variable gross profit growth.
Bearish
Cimpress experienced decreased operating and adjusted free cash flow, driven by higher working capital outflows and production start-up costs. Unfavorable currency movements and tariffs also negatively impacted Cimpress.