Earnings

Cimpress Posts a Second Straight Quarter of Revenue Decline

The Tip Desk · November 8, 2026 · 2 min read

The print and promotional-products company reported first-quarter fiscal 2027 revenue of $401.0 million, down 12% from a year earlier.

Cimpress (CMPR), the print and promotional-products company, reported first-quarter fiscal 2027 revenue of $401.0 million, down 12% from a year earlier, a second consecutive quarterly decline after the 9% drop in the immediately preceding quarter.

The company said the year-over-year revenue decline reflected a 13% drop in organic revenue, which it attributed to lower promotional-products demand, and a 1% decrease from foreign-exchange translation. Organic revenue, which excludes acquisitions and divestitures, was $397.0 million.

Net income was $11.0 million, or $0.14 a share, compared with $14.0 million, or $0.18 a share, a year earlier. Adjusted net income was $14.0 million, or $0.18 a share, versus $15.0 million, or $0.19 a share, a year earlier. Adjusted earnings before interest, taxes, depreciation and amortization were $22.0 million, or $0.28 a share, compared with $26.0 million, or $0.33 a share, a year earlier.

Gross profit was $170.0 million, or 42% of revenue, compared with $186.0 million, or 43% of revenue, a year earlier. Selling, general and administrative expenses were $150.0 million, or 37% of revenue, versus $156.0 million, or 39% of revenue, a year earlier. Operating income was $20.0 million, or 5% of revenue, compared with $30.0 million, or 7% of revenue, a year earlier.

The company said it expects full-year fiscal 2027 revenue to decline 5% to 9% organically, with a 1% increase from foreign-exchange translation. It said it expects adjusted EBITDA of $100 million to $110 million for the full year. It said it expects adjusted net income of $50 million to $60 million, or $0.64 to $0.76 a share. It said it expects a year-end cash balance of $100 million to $120 million.

Cash and cash equivalents were $109.0 million at quarter-end, compared with $111.0 million a year earlier. Total debt was $467.0 million, versus $468.0 million a year earlier. The company said it ended the quarter with $109.0 million of cash and cash equivalents.

The company said it expects full-year fiscal 2027 revenue to decline 5% to 9% organically, with a 1% increase from foreign-exchange translation. It said it expects adjusted EBITDA of $100 million to $110 million for the full year. It said it expects adjusted net income of $50 million to $60 million, or $0.64 to $0.76 a share. It said it expects a year-end cash balance of $100 million to $120 million.

Cash and cash equivalents were $109.0 million at quarter-end, compared with $111.0 million a year earlier. Total debt was $467.0 million, versus $468.0 million a year earlier. The company said it ended the quarter with $109.0 million of cash and cash equivalents.