Gpgi, Inc. · NYSE:GPGI
Gpgi — Q2 2026 Earnings Presentation
24 slides from Gpgi's earnings presentation, Aug 6, 2026
Slide 1: Second Quarter 2026 Earnings Presentation
TM Second Quarter 2026 Earnings Presentation August 6, 2026
Slide 2: Disclaimer
GPGI CompoSecure Husky Disclaimer Forward-Looking Statements This presentation, and other statements that GPGI, Inc. (“GPGI,” “we,” “us” or the “Company”) may make in connection therewith, contains forward-looking statements as defined by the Private Securities Litigation Reform Act of 1995. These s
Slide 3: GPGI 2Q26 Highlights
GPGI CompoSecure Husky GPGI 2Q26 Highlights Progress Across Platform: Strength at CompoSecure & Navigating Transient Market Headwinds at Husky Reiterating full year 2026 guidance ▪ Flat organic revenue growth and Pro Forma Adjusted EBITDA up 7% y/y at midpoint of range ▪ Continued strong performance
Slide 4: GPGI 2Q26 Financial Performance
GPGI CompoSecure Husky GPGI 2Q26 Financial Performance In-Line with Revised Guidance: Strength at CompoSecure & Transient Market Headwinds at Husky Adjusted Net Sales ($mn) PF Adjusted EBITDA ($mn) PF Adjusted EBITDA Margin Husky / CompoSecure Husky / CompoSecure ▼ ▼ ▼ $130.21 (4.1%) (12.5%) 230bps
Slide 5: Reiterating FY26 Guidance
GPGI CompoSecure Husky Reiterating FY26 Guidance Focused on Execution – Implementing ROS to Catalyze Growth and Improve Profitability ($ in millions) Guidance Metrics FY261 Pro Forma Adjusted Net Sales $1,950 – $2,100 (+0% y/y) Pro Forma Adjusted EBITDA $550 – $610 (+7% y/y) Pro Forma Adjusted EBITD
Slide 6: Strategy for Compounding
GPGI CompoSecure Husky GPGI Strategy for Compounding High ROIC Businesses + Resolute Operating System = Compounding Core with Optionality for Disciplined M&A Additional platforms add to Portfolio of GPGI’s compounding flywheel Great Positions in Good Industries = High Returns on Capital New platform
Slide 7: CompoSecure 2Q26 Summary
GPGI CompoSecure Husky CompoSecure 2Q26 Summary Delivering Record Adjusted Net Sales and Strong Operating Performance Record Adjusted Net Sales of $133.6 million up 11.7% compared to second quarter 2025, driven by robust demand from across a broadening customer base, including new program wins. Reco
Slide 8: Commercial Momentum in Secularly Growing Market
GPGI CompoSecure Husky Commercial Momentum in Secularly Growing Market Securing High-Profile Customer Wins as Addressable Market Expansion Continues Recent Program Wins Visa / Mastercard Increasing Cards in Circulation (Number of credit cards in circulation by respective networks in millions of card
Slide 9: CompoSecure 2Q26 Financial Performance
GPGI CompoSecure Husky CompoSecure 2Q26 Financial Performance Significant Progress Against All Key Metrics Catalyzed by ROS Adjusted Net Sales ($mn) PF Adjusted EBITDA ($mn) PF Adjusted EBITDA Margin ▲ $133.6 ▲ $55.2 ▲ 41.3% 11.7% 13.6% ~70bps $119.6 40.6% $48.6 2Q25 2Q26 2Q25 2Q26 2Q25 2Q26 ▪ Robus
Slide 10: Husky 2Q26 Summary
GPGI CompoSecure Husky Husky 2Q26 Summary Performance in Line with Revised Expectations – Positioned to Deliver in Second Half Adjusted Net Sales of $339.6 million down 9.2% compared to second quarter 2025, driven by declines in new systems and hot runner sales, offsetting growth in aftermarket tool
Slide 11: Husky Product Line Outlook
GPGI CompoSecure Husky Husky Product Line Outlook Global Installed Base + Long Term Customer Relationships Support Recurring Aftermarket Model Product Line Demand Trend Key Drivers ▪ Customers engaging in long-term capacity planning and selectively moving forward with investment decisions as confide
Slide 12: Product Leadership in Secularly Growing Market
GPGI CompoSecure Husky Product Leadership in Secularly Growing Market Needle Moving Innovation Designed to Capitalize on Global PET Demand Growth Husky’s Products Deliver Differentiated Value Consumption Underlies Global PET Demand Less Resin Less Energy lightweighting reduces resin usage, configura
Slide 13: Husky 2Q26 Financial Performance
GPGI CompoSecure Husky Husky 2Q26 Financial Performance Macro Headwinds Still Impacting Demand – 2Q Sequential Gains Expected to Continue Through 2H Adjusted Net Sales ($mn) PF Adjusted EBITDA ($mn) PF Adjusted EBITDA Margin ▼ ▼ ▼ (9.2%) (22.6%) ~330bps $374.1 $83.9 22.4% $339.6 19.1% $64.9 2Q25 2Q2
Slide 14: Key Takeaways
GPGI CompoSecure Husky GPGI Key Takeaways ROS-Led Execution at Businesses – Platform Thesis Intact 2Q Performance In- ROS Implementation Long-Term Platform Line with Expectations Accelerating Strategy On Track Combination of high ROIC Progress across the platform – Aggressive pursuit of cultural bus
Slide 15: Appendix – Financial Supplement
Appendix – Financial Supplement
Slide 16: Capital Structure Update
GPGI CompoSecure Husky Capital Structure Update Key Financial Metrics ($ in millions) As of June 30, 2026 Cash Balance $115 Total Debt Outstanding1 $2,115 Net Debt $2,000 LTM Net Debt / Pro Forma Adjusted EBITDA 3.9x Revolver Capacity2 $378 Total Liquidity $493 Credit Highlights ▪ GPGI has no near-t
Slide 17: Statement of Operations – 2Q26
GPGI CompoSecure Husky Statement of Operations – 2Q26 Unaudited GAAP to Non-GAAP Operating Results ($ in millions) Three Months Ended Unaudited GAAP to Non-GAAP Operating Results June 30, 2026 + = Elimination of Equity Addition of Adjusted Non-GAAP GAAP Method Investment GPGI Holdings GPGI, Inc. Net
Slide 18: Statement of Operations – 2Q25
GPGI CompoSecure Husky Statement of Operations – 2Q25 Unaudited GAAP to Non-GAAP Operating Results ($ in millions) Three Months Ended Unaudited GAAP to Non-GAAP Operating Results June 30, 2025 + = Elimination of Equity Addition of Adjusted Non-GAAP Addition of Husky PF Adjusted Non- GAAP Method Inve
Slide 19: Statement of Cash Flows – YTD
GPGI CompoSecure Husky Statement of Cash Flows – YTD Unaudited (GAAP and Non-GAAP) ($ in millions) Six Months Ended June 30, 2026 GAAP Non-GAAP CASH FLOWS FROM OPERATING ACTIVITIES: Net income (loss) ($184.7) ($202.7) Adjustments to reconcile net loss to net cash (used in) provided by operating acti
Slide 20: Balance Sheet – as of June 30, 2026
GPGI CompoSecure Husky Balance Sheet – as of June 30, 2026 Unaudited (GAAP and Non-GAAP) ($ in millions) GAAP Non-GAAP GAAP Non-GAAP June 30, 2026 June 30, 2026 December 31, 2025 December 31, 2025 ASSETS CURRENT ASSETS Cash and cash equivalents $7.7 $114.8 $114.6 $271.6 Short-term investments - - -
Slide 21: 2Q26 Earnings Per Share and Adjusted Free Cash Flow
GPGI CompoSecure Husky 2Q26 Earnings Per Share and Adjusted Free Cash Flow Non-GAAP Reconciliation ($ in millions, except per share amounts) Basic Earnings Per Share Diluted Earnings Per Share Three Months Ended June 30, Three Months Ended June 30, 2026 2025 2026 2025 Net income (loss) $50.3 ($26.1)
Slide 22: Historical Pro Forma Non-GAAP Results
GPGI CompoSecure Husky Historical Pro Forma Non-GAAP Results CompoSecure, Husky, and Corporate Segments ($ in millions) 1Q24 2Q24 3Q24 4Q24 1Q25 2Q25 3Q25 4Q25 1Q26 2Q26 CompoSecure 1 Adjusted Net Sales $104.0 $108.6 $107.1 $100.9 $103.9 $119.6 $120.9 $117.7 $130.4 $133.6 Pro Forma Adjusted EBITDA $
Slide 23: Historical Pro Forma Non-GAAP Reconciliations
GPGI CompoSecure Husky Historical Pro Forma Non-GAAP Reconciliations CompoSecure, Husky, and Corporate Segments ($ in millions) 1 Non-GAAP Reconciliation for CompoSecure 1Q24 2Q24 3Q24 4Q24 1Q25 2Q25 3Q25 4Q25 1Q26 2Q26 Net Income $26.4 $27.9 $27.8 $28.1 $24.2 $38.9 $39.6 $35.4 $27.5 $54.6 Depreciat
Slide 24: Investor Relations Contact
Investor Relations Contact ir@gpgi.com