CTLP

MKT CAP:$794M

Cantaloupe, Inc.

Market Cap

$794M

Technology·Information Technology Services·🇺🇸 United States·NASDAQ

Technology·IT Services·🇺🇸·NASDAQ

Stock Price

$10.73+$0.05 (+0.51%)

Apr 24, 2026

Company Details

Cantaloupe, Inc., a digital payment and software services company, provides technology solutions for the unattended retail market. The company offers integrated solutions for payments processing, logistics, and back-office management. It al...

CEO

Ravi Venkatesan

IPO Date

Jun 7, 1999

Website

www.cantaloupe.com

Key Metrics TTM

Revenue

$318M

+11.4% YoY

Net Income

$55M

EPS (Diluted)

$0.73

Free Cash Flow

$26M

Revenue / Share

$4.30

Gross Margin

39.0%

Operating Margin

6.0%

Net Margin

17.3%

FCF Margin

8.1%

P/S

2.5x

P/E

14.4x

Earnings Reports

Q3 2026

May 14, 2026

PENDING

Q2 2026

Feb 6, 2026

$79M+6.8%EPS -$0.00

Q1 2026

Nov 6, 2025

$81M+14.1%EPS -$0.02

FY 2025

Sep 8, 2025

$303M+12.6%EPS $0.86

Q4 2025

Sep 8, 2025

$83M+13.6%EPS $0.09

Revenue & Profitability

Quarter	Revenue	Gross Profit	Operating Income
Q3 22	$50M	$16M	$881.0K
Q4 22	$58M	$17M	-$2M
Q1 23	$58M	$14M	-$9M
Q2 23	$61M	$18M	-$914.0K
Q3 23	$60M	$23M	$7M
Q4 23	$64M	$26M	$3M
Q1 24	$63M	$24M	$3M
Q2 24	$65M	$24M	$4M
Q3 24	$68M	$27M	$4M
Q4 24	$73M	$27M	$4M
Q1 25	$71M	$29M	$4M
Q2 25	$74M	$31M	$6M
Q3 25	$75M	$31M	$7M
Q4 25	$83M	$33M	$5M
Q1 26	$81M	$34M	$2M
Q2 26	$79M	$26M	$5M

Valuation

Quarter	P/S	P/E
Q3 22	4.0x	261.7x
Q4 22	3.9x	—
Q1 23	3.7x	—
Q2 23	3.5x	—
Q3 23	3.3x	—
Q4 23	3.3x	1254.9x
Q1 24	3.2x	70.8x
Q2 24	3.1x	53.3x
Q3 24	3.1x	62.9x
Q4 24	3.0x	66.2x
Q1 25	2.9x	58.6x
Q2 25	2.8x	51.6x
Q3 25	2.7x	13.3x
Q4 25	2.6x	12.3x
Q1 26	2.5x	13.2x
Q2 26	2.5x	14.4x

Operating Cash Flow

Quarter	Operating CF	Free CF
Q3 22	$318.0K	-$3M
Q4 22	-$5M	-$7M
Q1 23	-$9M	-$14M
Q2 23	-$7M	-$12M
Q3 23	$22M	$19M
Q4 23	$8M	$5M
Q1 24	$7M	$4M
Q2 24	-$8M	-$11M
Q3 24	$15M	$11M
Q4 24	$14M	$9M
Q1 25	-$12M	-$16M
Q2 25	$522.0K	-$4M
Q3 25	$22M	$19M
Q4 25	$9M	$4M
Q1 26	$7M	$4M
Q2 26	$3M	-$614.0K

Capital Expenditures

Quarter	CapEx
Q3 22	$3M
Q4 22	$2M
Q1 23	$5M
Q2 23	$4M
Q3 23	$3M
Q4 23	$4M
Q1 24	$3M
Q2 24	$3M
Q3 24	$3M
Q4 24	$6M
Q1 25	$4M
Q2 25	$4M
Q3 25	$4M
Q4 25	$5M
Q1 26	$3M
Q2 26	$4M

CapEx

OpEx vs Revenue Growth (YoY)

Quarter	Revenue Growth	OpEx Growth
Q3 22	+17.6%	+10.4%
Q4 22	+18.4%	+21.5%
Q1 23	+26.2%	+41.3%
Q2 23	+20.0%	+21.1%
Q3 23	+20.0%	+8.5%
Q4 23	+10.6%	+1.0%
Q1 24	+8.5%	-9.6%
Q2 24	+6.6%	-0.8%
Q3 24	+12.5%	+18.6%
Q4 24	+13.2%	+13.8%
Q1 25	+13.0%	+11.3%
Q2 25	+12.8%	+9.4%
Q3 25	+11.1%	+7.7%
Q4 25	+13.6%	+12.0%
Q1 26	+14.1%	+18.7%
Q2 26	+6.8%	+8.4%

Stock-Based Compensation

Quarter	SBC ($)	% of Revenue
Q3 22	$1M	3.0%
Q4 22	$0	0.0%
Q1 23	$1M	2.3%
Q2 23	$160.0K	0.3%
Q3 23	$1M	2.3%
Q4 23	$2M	2.9%
Q1 24	$2M	3.1%
Q2 24	$1M	1.7%
Q3 24	$1M	1.5%
Q4 24	$1M	1.5%
Q1 25	$887.0K	1.3%
Q2 25	$943.0K	1.3%
Q3 25	$629.0K	0.8%
Q4 25	$0	0.0%
Q1 26	$1M	1.2%
Q2 26	$608.0K	0.8%

OpEx Breakdown

Quarter	R&D	G&A	S&M
Q3 22	$6M	$7M	$2M
Q4 22	$5M	$9M	$3M
Q1 23	$7M	$12M	$3M
Q2 23	$5M	$7M	$3M
Q3 23	$5M	$7M	$3M
Q4 23	$4M	$12M	$4M
Q1 24	$4M	$10M	$4M
Q2 24	$3M	$11M	$4M
Q3 24	$5M	$9M	$6M
Q4 24	$4M	$12M	$6M
Q1 25	$4M	$12M	$5M
Q2 25	$5M	$11M	$5M
Q3 25	$4M	$8M	$6M
Q4 25	$4M	$12M	$6M
Q1 26	$5M	$9M	$7M
Q2 26	$5M	$10M	$6M

Revenue Segments

Quarter

War Chest

Quarter	Cash	Short-term Investments	Total
Q3 22	$75M	$0	$75M
Q4 22	$68M	$0	$68M
Q1 23	$51M	$0	$51M
Q2 23	$28M	$0	$28M
Q3 23	$47M	$0	$47M
Q4 23	$51M	$0	$51M
Q1 24	$55M	$0	$55M
Q2 24	$43M	$0	$43M
Q3 24	$50M	$0	$50M
Q4 24	$59M	$0	$59M
Q1 25	$33M	$0	$33M
Q2 25	$28M	$0	$28M
Q3 25	$46M	$0	$46M
Q4 25	$51M	$0	$51M
Q1 26	$55M	$0	$55M
Q2 26	$53M	$0	$53M

Shares Outstanding

Quarter	Shares (Diluted)	QoQ Change	YoY Change
Q3 22	71M	+0.7%	+6.5%
Q4 22	69M	-3.1%	+4.3%
Q1 23	71M	+2.8%	+0.0%
Q2 23	72M	+0.6%	+0.9%
Q3 23	73M	+1.7%	+1.9%
Q4 23	73M	-0.1%	+5.0%
Q1 24	74M	+2.1%	+4.4%
Q2 24	74M	-0.5%	+3.2%
Q3 24	74M	+0.2%	+1.6%
Q4 24	74M	+0.1%	+1.9%
Q1 25	74M	-0.3%	-0.5%
Q2 25	75M	+1.1%	+1.1%
Q3 25	75M	+0.0%	+0.9%
Q4 25	73M	-2.0%	-1.2%
Q1 26	74M	+0.3%	-0.5%
Q2 26	74M	+0.5%	-1.1%

Shares Outstanding

Revenue Per Employee

Period	Revenue/Employee	Employees
Q3 22	$277.9K	181
Q4 22	$257.9K	225
Q1 23	$256.8K	225
Q2 23	$272.6K	225
Q3 23	$268.2K	225
Q4 23	$238.6K	269
Q1 24	$233.0K	269
Q2 24	$243.0K	269
Q3 24	$252.4K	269
Q4 24	$202.4K	359
Q1 25	$197.3K	359
Q2 25	$205.4K	359
Q3 25	$210.1K	359
Q4 25	$230.6K	358
Q1 26	$225.8K	358
Q2 26	$219.9K	358

Revenue / Employee