GPGI, Inc.
Financial highlights
| Metric | FY 12/31/25 | FY 12/31/24 | FY 12/31/23 | FY 12/31/22 | FY 12/31/21 |
|---|---|---|---|---|---|
| Income Statement | |||||
| Revenue | $59.8M | $420.6M | $390.6M | $378.5M | $267.9M |
| Research and development | $1.3M | $7.4M | $6.8M | $6.7M | $2.7M |
| Operating income | -$13.7M | $107.6M | $119.1M | $114.9M | $81.4M |
| Interest expense | $1.7M | $20.2M | $27.5M | $21.4M | — |
| Pretax income | -$225.8M | -$81.0M | $117.1M | $136.2M | $82.6M |
| Income tax expense | $39.0M | $2.2M | $4.6M | $4.4M | -$857,000 |
| Net income | -$136.0M | -$53.7M | $19.2M | $18.7M | $3.2M |
| Balance Sheet | |||||
| Cash and equivalents | $114.6M | $77.5M | $41.2M | $13.6M | $21.9M |
| Current assets | $120.1M | $173.9M | $139.4M | $97.1M | $78.3M |
| Total assets | $517.3M | $473.9M | $201.0M | $162.9M | $131.4M |
| Current liabilities | $19.0M | $76.3M | $41.0M | $47.4M | $60.5M |
| Total liabilities | $274.1M | $617.4M | $406.8M | $454.9M | $539.0M |
| Total debt | — | $197.5M | $340.3M | $363.1M | $380.0M |
| Stockholders' equity | $243.1M | -$143.4M | -$802.4M | -$892.2M | -$1.0B |
| Cash Flow Statement | |||||
| Cash from operations | -$22.9M | $129.6M | $104.3M | $92.8M | $77.8M |
| Depreciation and amortization | $1.6M | $9.2M | $8.4M | $8.6M | $10.4M |
| Stock-based compensation | $4.5M | $21.2M | $17.6M | $11.5M | $6.1M |
| Capital expenditure | $0 | $7.4M | $10.9M | $9.1M | $4.7M |
| Free cash flow | -$22.9M | $122.1M | $93.4M | $83.7M | $73.0M |
| Dividends paid | $0 | $8.9M | $0 | $0 | — |
| Share repurchases | $12.2M | $0 | $0 | — | — |
| Impairments | $0 | $0 | $0 | — | — |
Shares outstanding 289.9M · Free float 44.6%
Annual filing data through FY ended December 31, 2025; float as of July 15, 2026.