10-K · March 12, 2026
GPGI, Inc. reported a significant revenue decline of 86% year-over-year to $59.8 million for the year ended December 31, 2025, primarily due to the deconsolidation of its subsidiary, Holdings, as a result of a strategic…
Earnings analysis · 10-Q
GPGI earnings analysis
Filed May 7, 2026 · Our reading of the company's report
The latest report
GPGI reported strong Q1 2026 results, with revenues reaching $421.2 million, significantly exceeding estimates of $358.7 million. Adjusted EPS came in at $0.12, surpassing the expected $0.10, while management expressed…
Read full summary
GPGI reported strong Q1 2026 results, with revenues reaching $421.2 million, significantly exceeding estimates of $358.7 million. Adjusted EPS came in at $0.12, surpassing the expected $0.10, while management expressed a positive outlook for Q2 2026 with revenue guidance between $425 million to $475 million. Despite these positive metrics, the company faced a hefty GAAP net loss of $235 million, indicating ongoing financial challenges.
Gross and operating margin
How much of each revenue dollar the business keeps.
One point per quarterly or annual filing. Both margins are shares of that report's revenue.
How we read each report
Our analysis across the last few reports.
Our model's reading of each filing, not the share price or the market's reaction. Annual and quarterly reports each occupy one position.
Reported figures
- Earnings per share
- $0.12
What stood out
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Revenue Surge vs Estimates
Actual Q1 2026 revenue was $421.2 million, beating estimates by 17%.
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Positive EPS Surprise
GPGI reported adjusted EPS of $0.12, exceeding estimates of $0.10 by 20%.
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Increased Q2 Guidance
Management raised Q2 2026 revenue guidance to between $425 million and $475 million.
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Strong Pro Forma Sales
Pro forma adjusted sales reached $421.2 million this quarter.
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Working Capital Position
Management indicated maintaining sufficient liquidity despite operating challenges.
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Inventory Insights
Healthy inventory levels reported, although supply chain risks remain.
What to watch
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High GAAP Net Loss
The company reported a GAAP net loss of $235 million for the quarter.
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Continued Market Headwinds
Operational performance impacted by global supply chain disruptions and geopolitical tensions.
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Inflationary Pressures
Ongoing inflation affecting costs and pricing strategies, as noted in risk factors.
Management's outlook
Management anticipates Q2 2026 adjusted net sales between $425 million and $475 million.
Earlier filings 4
10-Q · November 3, 2025
CompoSecure, Inc. reported substantial declines in financial performance due to the deconsolidation of Holdings after the Spin-Off, resulting in zero revenue for Q3 2025. Operating expenses decreased 62% year-over-year…
10-Q · August 7, 2025
CompoSecure, Inc. reported a significant decline in its financial performance for the second quarter of 2025 compared to the same period last year, primarily due to the Spin-Off of its subsidiary, Holdings. The company…
10-Q · May 12, 2025
In Q1 2025, GPGI reported net sales of $59.8 million, a significant decline of 42% compared to $104.0 million in Q1 2024, largely due to the deconsolidation following the spin-off of Resolute Holdings. The company…
This is our reading of a public filing, not the filing itself. Analysis can contain errors; check the source document for full context.