Cimpress Q1 FY2026 Earnings Release

Cimpress plc reported its Q1 FY2026 financial results, showing a strong start to the fiscal year. Revenue grew 7% on a reported basis and 4% on an organic constant-currency basis. Consolidated gross profit increased by 5%, while operating income rose by $9.6 million to $49.0 million. Net income improved significantly to $6.5 million, driven by operating income growth and unrealized gains on currency hedges. Adjusted EBITDA reached $98.7 million, a 12% increase year-over-year, marking the highest-ever Q1 adjusted EBITDA. Operating cash flow increased by $20.7 million to $25.1 million, and adjusted free cash flow improved by $7.9 million to an outflow of $17.8 million. The company repurchased 45,000 shares for $2.7 million. Cimpress reiterated its FY2026 annual outlook, expecting revenue growth of 5%-6% and adjusted EBITDA of at least $450 million.