XBP FY 2025 Earnings Report — XBP Global Holdings, Inc. Revenue & Financial Results | Market Cap Arena

XBP Global Holdings, Inc.XBP

FY 2025 Earnings

Reported March 31, 2026

Quarter Comparison

Revenue

Operating Income

Gross Margin

Net Margin

EPS (Diluted)

Free Cash Flow

Metric	FY 2025	Prior Q	FY 2024	QoQ Change	YoY Change
Revenue	$791M	—	$143M	—	454.1%
Op. Income	$12M	—	$3M	—	248.3%
Gross Margin	15.6%	—	26.8%	—	-11.2pp
Net Margin	139.5%	—	-8.7%	—	148.2pp
EPS (Diluted)	$93.87	—	$-0.41	—	22995.1%
Free Cash Flow	-$151M	—	-$6M	—	-2220.4%

Revenue Flow

Item	Amount
REVENUE	$791M
Cost of Revenue	$668M
GROSS PROFIT	$123M
R&D Expenses	$0
Selling & Marketing	$0
General & Administrative	$0
SG&A Expenses	$100M
Other Expenses	$11M
Operating Expenses	$111M
Cost & Expenses	$779M
OPERATING INCOME	$12M
Interest Income	$0
Interest Expense	$99M
Other Income/Expenses	$1.1B
INCOME BEFORE TAX	$1.1B
Income Tax Expense	$41M
Net Income from Continuing Ops	$1.1B
Net Income from Discontinued Ops	$0
Other Adjustments	$0
NET INCOME	$1.1B
Net Income Deductions	$0
BOTTOM LINE NET INCOME	$1.1B
D&A	$49M
EBIT	$12M
EBITDA	$61M
EPS	$94
EPS Diluted	$94

Income Statement

Item	Amount
REVENUE	$791M
Cost of Revenue	$668M
GROSS PROFIT	$123M
R&D Expenses	$0
Selling & Marketing	$0
General & Administrative	$0
SG&A Expenses	$100M
Other Expenses	$11M
Operating Expenses	$111M
Cost & Expenses	$779M
OPERATING INCOME	$12M
Interest Income	$0
Interest Expense	$99M
Other Income/Expenses	$1.1B
INCOME BEFORE TAX	$1.1B
Income Tax Expense	$41M
Net Income from Continuing Ops	$1.1B
Net Income from Discontinued Ops	$0
Other Adjustments	$0
NET INCOME	$1.1B
Net Income Deductions	$0
BOTTOM LINE NET INCOME	$1.1B
D&A	$49M
EBIT	$12M
EBITDA	$61M
EPS	$94
EPS Diluted	$94

Cash Flow Statement

Item	Amount
Net Income	$1.1B
Depreciation & Amortization	$49M
Stock-Based Compensation	$1M
Deferred Income Tax	$37M
Other Non-Cash Items	-$1.3B
Change in Working Capital	-$57M
OPERATING CASH FLOW	-$142M
Capital Expenditure	-$9M
Acquisitions (Net)	$0
Purchases of Investments	$0
Sales/Maturities of Investments	$0
Other Investing Activities	-$143.0K
NET CASH FROM INVESTING	-$9M
Net Debt Issuance	$169M
Common Stock Repurchased	$0
Common Dividends Paid	$0
Other Financing Activities	-$10M
NET CASH FROM FINANCING	$158M
FREE CASH FLOW	-$151M
Net Change in Cash	$5M

Balance Sheet

Item	Amount
Cash & Equivalents	$37M
Short-Term Investments	$0
Net Receivables	$131M
Inventory	$11M
Other Current Assets	$60M
TOTAL CURRENT ASSETS	$240M
PP&E (Net)	$113M
Goodwill	$190M
Intangible Assets	$344M
Long-Term Investments	$0
Tax Assets	$0
Other Non-Current Assets	$15M
TOTAL NON-CURRENT ASSETS	$662M
TOTAL ASSETS	$902M
Account Payables	$56M
Short-Term Debt	$34M
Deferred Revenue	$22M
Other Current Liabilities	$190M
TOTAL CURRENT LIABILITIES	$322M
Long-Term Debt	$353M
Deferred Revenue NC	$3M
Deferred Tax Liabilities	$53M
Other Non-Current Liabilities	$55M
TOTAL NON-CURRENT LIABILITIES	$493M
TOTAL LIABILITIES	$815M
Common Stock	$12.0K
Additional Paid-In Capital	$438M
Retained Earnings	-$351M
Treasury Stock	$0
Accum. Other Comp. Income	$455.0K
Other Equity	$0
TOTAL STOCKHOLDERS' EQUITY	$87M
Minority Interest	$0
TOTAL EQUITY	$87M
TOTAL LIABILITIES & EQUITY	$902M
Total Debt	$78M
Net Debt	$41M