Cimpress Q2 Earnings Beat Estimates, Revenues Increase Y/Y

Core Insights - Cimpress plc (CMPR) reported adjusted earnings of $1.95 per share for Q2 fiscal 2026, exceeding the Zacks Consensus Estimate of $1.61, but down from $2.36 in the same quarter last year [2][10] - Total revenues reached $1.04 billion, marking an 11% increase year-over-year, and surpassing the Zacks Consensus Estimate of $993.4 million [3][10] Revenue Breakdown - The National Pen segment generated revenues of $150.9 million, up from $131.5 million year-over-year, exceeding the estimate of $141.0 million [4] - Vista, the largest revenue-generating segment, reported revenues of $532.8 million compared to $497.7 million in the prior year, slightly below the estimate of $537.6 million [4] - The Upload and Print segment's revenues increased to $334.8 million from $273.3 million year-over-year, surpassing the estimate of $183.2 million for PrintBrothers and $101.2 million for The Print Group [5] - Revenues from All Other Businesses were $67.2 million, up from $60.4 million a year ago, exceeding the estimate of $63.3 million [6] Margin and Cost Analysis - Cimpress' cost of revenues rose to $554.5 million, a 13.3% increase year-over-year, while marketing and selling expenses totaled $246.2 million, up 10% [7] - Gross profit increased by 8.4% year-over-year to $487.7 million, with a margin of 46.8%, down 110 basis points from the previous year [8] Financial Position - As of December 31, 2025, Cimpress had $258.0 million in cash and cash equivalents, up from $234 million at the end of the previous quarter [9] - Long-term debt stood at $1.58 billion, a slight decrease of 0.1% from the previous quarter [9] Future Outlook - For fiscal 2026, Cimpress expects revenue growth of 7-8%, an increase from the previous forecast of 5-6%, and adjusted EBITDA of at least $460 million [10][12] - The company anticipates generating approximately $313 million from operating activities and $145 million in free cash flow [12] Company Ranking - Cimpress currently holds a Zacks Rank 1 (Strong Buy) [13]