Cimpress Plc · NASDAQ:CMPR
Cimpress — Q1 2027 Earnings Presentation
31 slides from Cimpress's earnings presentation, Oct 29, 2026
Slide 1: Q1 Fiscal Year 2027 Quarterly Earnings Document
BY DOMINIC AISTERS <> cimpress QI Fiscal Year 2027 Quarterly Earnings Document October 28, 2026
Slide 2: Letter from Robert
LETTER FROM ROBERT OCTOBER 28, 2026 Dear Investor, Cimpress’ first quarter FY2027 financial results were below our expectations. We are not satisfied with the quarter and are accelerating our previously communicated cost reduction plans for which the impact will build in Q2 and grow significantly in
Slide 3: Segment Commentary
Segment Commentary VistaPrint Q1 revenue grew 2% year over year, both on a reported and organic constant-currency basisa. By product category, growth was strongest in promotional products, apparel and gifts, marketing materials, and packaging. Backlog increased during the quarter partially due to a
Slide 4: Outlook
Outlook Our revenue, adjusted EBITDA and adjusted free cash flow guidance for FY2027 remains unchanged since we initiated it with our Q4 FY2026 results. We walked through the details of this guidance at our September 30, 2026 investor day. Our guidance is: • Revenue growth of at least 7% assuming re
Slide 5: Summary Consolidated Results: Three-Year Trend
SUMMARY CONSOLIDATED RESULTS: THREE-YEAR TREND $ in thousands, except percentages REVENUE BY REPORTABLE SEGMENT, TOTAL REVENUE, INCOME FROM OPERATIONS, AND NET INCOME: Q1 FY2025 Q1 FY2026 Q1 FY2027 VistaPrint $ 429,576 $ 454,909 $ 464,412 PrintBrothers 160,424 184,711 235,919 The Print Group 84,202
Slide 6: Summary Consolidated Results: Three-Year Trend (Continued)
SUMMARY CONSOLIDATED RESULTS: THREE-YEAR TREND (CONTINUED) $ in thousands CASH FLOW AND OTHER METRICS: Q1 FY2025 Q1 FY2026 Q1 FY2027 Net cash provided by (used in) operating activities $ 4,384 $ 25,059 $ 28,929 Net cash provided by (used in) investing activities (25,502) (42,818) (169,119) Net cash
Slide 7: Income Statement Highlights
INCOME STATEMENT HIGHLIGHTS Revenue ($M) & Organic Constant-Currency Reported Revenue Growth Revenue Growth (a) $1,042 $939 $945 $934 $869 $863 $886 $805 $789 11% 12% 9% 8% 6% 7% 6% 4% 3% 4% 4% 4% 3% 2% 2% 2% 2% 1% 25 25 25 25 26 26 26 26 27 25 25 25 25 26 26 26 26 27 FY FY FY FY FY FY FY FY FY FY F
Slide 8: Income Statement Highlights (Cont.)
INCOME STATEMENT HIGHLIGHTS (CONT.) GAAP Operating Income (Loss) ($M) GAAP Operating Income (Loss) ($M) & Margin (%) (Quarterly) & Margin (%) (TTM) $253 $243 $252 $251 $226 $227 $226 $236 $228 $88 $81 $65 $65 $49 $49 $39 $41 9% 8% $26 8% 7% 8% 7% 7% 7% 7% 7% 7% 7% 6% 5% 6% 6% 5% 3% 25 25 25 25 26 26
Slide 9: Cash Flow
CASH FLOW Cash Flow from Operations ($M) Cash Flow from Operations ($M) (Quarterly) (TTM) $177 $165 $313 $314 $316 $319 $298 $307 $281 $284 $288 $107 $111 $25 $29 $4 $10 ($17) 25 25 25 25 26 26 26 26 27 25 25 25 25 26 26 26 26 27 FY FY FY FY FY FY FY FY FY FY FY FY FY FY FY FY FY FY Q1 Q2 Q3 Q4 Q1 Q
Slide 10: Capital Structure
CAPITAL STRUCTURE Net Debt (1, a) ($M) Q1FY25 Q2FY25 Q3FY25 Q4FY25 Q1FY26 Q2FY26 Q3FY26 Q4FY26 Q1FY27 Cash / equivalents $ 153 $ 224 $ 183 $ 234 $ 201 $ 258 $ 189 $ 249 $ 120 Marketable securities $ — $ — $ — $ — $ — $ — $ — $ — $ — HY notes $ (525) $ (525) $ (525) $ (525) $ (525) $ (525) $ (525) $
Slide 11: Segment Results: VistaPrint (Quarterly)
SEGMENT RESULTS VISTAPRINT (QUARTERLY) Revenue ($M) & Organic Constant-Currency Revenue Reported Revenue Growth Growth Quarterly Quarterly (a) $533 $498 $486 $467 $455 $460 $464 $430 $431 8% 8% 7% 7% 6% 6% 4% 5% 5% 3% 3% 4% 4% 2% 3% 3% 3% 2% 25 25 25 25 26 26 26 26 27 25 25 25 25 26 26 26 26 27 FY F
Slide 12: Upload and Print
UPLOAD AND PRINT PRINTBROTHERS (QUARTERLY): THE PRINT GROUP (QUARTERLY): Revenue ($M) & Revenue ($M) & Reported Revenue Growth Reported Revenue Growth Quarterly Quarterly $236 $220 $215 $203 $178 $185 30% 200 $175 28% $160 $156 26% 21% $127 $115 $109 $106 $107 15% $99 $97 $90 100 $84 11% 20% 19% 6%
Slide 13: PrintBrothers and The Print Group
PRINTBROTHERS (QUARTERLY): THE PRINT GROUP (QUARTERLY): Advertising ($M) & as % of Revenue Advertising ($M) & as % of Revenue Quarterly Quarterly $8 $9 $7 $8 $7 $7 $7 $8 $8 $7 $6 $6 $7 $7 $6 $5 $6 $6 7% 8% 8% 8% 8% 7% 4% 4% 4% 6% 6% 3% 3% 3% 3% 3% 3% 5% 25 25 25 25 26 26 26 26 27 25 25 25 25 26 26 2
Slide 14: National Pen (Quarterly)
NATIONAL PEN (QUARTERLY): Revenue ($M) & Organic Constant-Currency Revenue Reported Revenue Growth Growth Quarterly Quarterly (a) $151 $131 $103 $104 $94 $94 15% $97 $96 $88 12% 10% 10% 10% 8% 8% 7% 10% 5% 2% 2% 1% 1% 1% 1% 1% —% 25 25 25 25 26 26 26 26 27 25 25 25 25 26 26 26 26 27 FY FY FY FY FY F
Slide 15: All Other Businesses (Quarterly)
ALL OTHER BUSINESSES (QUARTERLY): Revenue ($M) & Organic Constant-Currency Revenue Reported Revenue Growth Growth Quarterly $72 Quarterly (a) $67 $69 $60 $62 $61 $57 $59 18% $51 17% 17% 16% 15% 17% 11% 12% 10% 10% 8% 7% 8% 8% 6% 4% 2% —% 25 25 25 25 26 26 26 26 27 25 25 25 25 26 26 26 26 27 FY FY FY
Slide 16: Central and Corporate Costs
CENTRAL AND CORPORATE COSTS Central and Corporate Costs ($M) Central and Corporate Costs ($M) Quarterly (1) TTM (1) Corporate Costs Corporate Costs Central Operating Costs and MCP Investment Central Operating Costs and MCP Investment Unallocated SBC Unallocated SBC $44 $158 $159 $155 $155 $155 $161
Slide 17: Currency Impacts
CURRENCY IMPACTS Directional Net Currency Impacts Other Income (Expense), Net ($M) Compared to Prior-Year Period $32 Y/Y Impact from Currency* Financial Measure Q1 FY2027 Revenue Negative $3 $4 $6 $2 $3 Operating income Positive Net income Positive Adjusted EBITDAa Positive ($9) ($11) Adjusted free
Slide 18: Consolidated Balance Sheets
CIMPRESS PLC CONSOLIDATED BALANCE SHEETS (unaudited in thousands, except share and per share data) September 30, June 30, 2026 2026 Assets Current assets: Cash and cash equivalents . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . $
Slide 19: Consolidated Statements of Operations
CIMPRESS PLC CONSOLIDATED STATEMENTS OF OPERATIONS (unaudited in thousands, except share and per share data) Three Months Ended September 30, 2026 2025 Revenue . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
Slide 20: Consolidated Statements of Cash Flows
CIMPRESS PLC CONSOLIDATED STATEMENTS OF CASH FLOWS (unaudited in thousands) Three Months Ended September 30, 2026 2025 Operating activities Net (loss) income . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
Slide 21: About Non-GAAP Financial Measures
ABOUT NON-GAAP FINANCIAL MEASURES: To supplement Cimpress’ consolidated financial statements presented in accordance with U.S. generally accepted accounting principles, or GAAP, Cimpress has used the following measures defined as non-GAAP financial measures by Securities and Exchange Commission, or
Slide 22: Reconciliations: Constant-Currency Revenue Growth Rates
RECONCILIATIONS OF NON-GAAP FINANCIAL MEASURES CONSTANT-CURRENCY REVENUE GROWTH RATES (Quarterly) Total Company Q1FY25 Q2FY25 Q3FY25 Q4FY25 Q1FY26 Q2FY26 Q3FY26 Q4FY26 Q1FY27 Reported revenue growth 6% 2% 1% 4% 7% 11 % 12 % 9% 8% Currency impact —% —% 2% (2)% (3)% (5)% (6)% (2)% 1% Revenue growth in
Slide 23: Constant-Currency Revenue Growth Rates (Cont.)
RECONCILIATIONS OF NON-GAAP FINANCIAL MEASURES CONSTANT-CURRENCY REVENUE GROWTH RATES (CONT.) (Quarterly) Upload and Print Combined Revenue Growth Q1FY25 Q2FY25 Q3FY25 Q4FY25 Q1FY26 Q2FY26 Q3FY26 Q4FY26 Q1FY27 Reported revenue growth 5% 6% 3% 7% 15 % 23 % 26 % 20 % 23 % Currency impact (1)% 1% 3% (6
Slide 24: Contribution Profit & Contribution Margin
RECONCILIATIONS OF NON-GAAP FINANCIAL MEASURES CONTRIBUTION PROFIT & CONTRIBUTION MARGIN (TTM, in millions) TTM TTM TTM TTM TTM TTM TTM TTM TTM Q1FY25 Q2FY25 Q3FY25 Q4FY25 Q1FY26 Q2FY26 Q3FY26 Q4FY26 Q1FY27 Reported revenue $ 3,339.5 $ 3,357.3 $ 3,366.2 $ 3,403.1 $ 3,461.4 $ 3,564.4 $ 3,661.2 $ 3,73
Slide 25: Segment EBITDA Reconciliation
RECONCILIATIONS OF NON-GAAP FINANCIAL MEASURES EBITDA (LOSS) BY REPORTABLE SEGMENT ("SEGMENT EBITDA") (Quarterly, in millions) Q1FY25 Q2FY25 Q3FY25 Q4FY25 Q1FY26 Q2FY26 Q3FY26 Q4FY26 Q1FY27 VistaPrint $ 81.1 $ 97.2 $ 83.2 $ 106.0 $ 90.0 $ 107.0 $ 88.9 $ 106.8 $ 80.7 PrintBrothers 20.2 23.4 17.8 22.2
Slide 26: Adjusted EBITDA (Quarterly)
RECONCILIATIONS OF NON-GAAP FINANCIAL MEASURES ADJUSTED EBITDA (Quarterly, in millions) Q1FY25 Q2FY25 Q3FY25 Q4FY25 Q1FY26 Q2FY26 Q3FY26 Q4FY26 Q1FY27 Net income (loss) $ (12.4) $ 61.6 $ (8.0) $ (28.4) $ 6.5 $ 49.5 $ 14.6 $ 26.5 $ (1.0) Exclude expense (benefit) impact of: Income tax expense $ 9.0 $
Slide 27: Adjusted EBITDA (TTM)
RECONCILIATIONS OF NON-GAAP FINANCIAL MEASURES ADJUSTED EBITDA (TTM, in millions) TTM TTM TTM TTM TTM TTM TTM TTM TTM Q1FY25 Q2FY25 Q3FY25 Q4FY25 Q1FY26 Q2FY26 Q3FY26 Q4FY26 Q1FY27 Net income (loss) $ 160.9 $ 162.2 $ 159.4 $ 12.9 $ 31.8 $ 19.6 $ 42.3 $ 97.1 $ 89.6 Exclude expense (benefit) impact of
Slide 28: Adjusted Free Cash Flow (TTM)
RECONCILIATIONS OF NON-GAAP FINANCIAL MEASURES ADJUSTED FREE CASH FLOW (TTM, in millions) TTM TTM TTM TTM TTM TTM TTM TTM TTM Q1FY25 Q2FY25 Q3FY25 Q4FY25 Q1FY26 Q2FY26 Q3FY26 Q4FY26 Q1FY27 Net cash provided by operating activities $ 312.9 $ 314.4 $ 315.7 $ 298.1 $ 318.7 $ 306.9 $ 280.7 $ 283.7 $ 287
Slide 29: Consolidated Net Leverage Ratios
RECONCILIATIONS OF NON-GAAP FINANCIAL MEASURES CONSOLIDATED NET LEVERAGE RATIOS (in millions, except leverage ratios) Q1FY25 Q2FY25 Q3FY25 Q4FY25 Q1FY26 Q2FY26 Q3FY26 Q4FY26 Q1FY27 Total debt outstanding1 $ 1,617.5 $1,610.5 $ 1,607.7 $1,604.5 $ 1,600.9 $1,607.9 $ 1,604.5 $1,636.4 $ 1,667.6 Capital l
Slide 30: Revenue Growth and Adjusted EBITDA Outlook
RECONCILIATIONS OF NON-GAAP FINANCIAL MEASURES CONSTANT-CURRENCY REVENUE GROWTH OUTLOOK FY2027 Outlook as of July 29, 2026 (at least...) Reported revenue growth (using recent currency rates) 7% Currency impact 1% Impact of TTM acquisitions, divestitures & JVs (5)% Organic constant-currency revenue g
Slide 31: About Cimpress
ABOUT CIMPRESS: Cimpress plc (Nasdaq: CMPR) helps millions of businesses build brands, stand out and grow via customized physical marketing products and branded merchandise. Founded in 1995, Cimpress has become the global leader in web-to-print mass customization, delivering high-quality, affordable