XBP Global Holdings, Inc.

XBP Technology Software Infrastructure

XBP Global Holdings, Inc.’s revenue for fiscal 2025 (year ended December 2025) was $791.0 million, down 9.36% from fiscal 2024.

Revenue
+4.71%
EPS
+25.3%
Free cash flow
+64.5%
Total debt
+1,012.6%

Quarter to June 2026, against a year earlier

2.91 0.01 +0.34%
Market cap
$38.6M
P/E
0.0×
Fwd P/E
−0.6×
Dividend yield
—
F-score
4/9
Altman Z
−0.86
Beneish M
10.40
Dividend safety
n/a

Insider Decisions last twelve months

Bought, $m 2.45
Trades a month
Jan 26 Apr 26 Jul 26 Oct 26
Buy — — — — — 1 — — — 5 — —
Sell — — — — — — — — — — — —
Insider Ownership 14.22%

Capital & Financial Ratios $m

Size
Market Cap 38.60
Revenue ttm 804.79
Net income ttm 1,085.51
Free cash flow ttm (91.64)
Net debt Q 350.20
Valuation
P/E 0.03
Forward P/E (0.59) (negative: loss-making)
Price / sales 0.04
Forward P/S Powerpack
Price / FCF 0.00
Price / book 0.74
Financial health
Current ratio Q 0.64 (below 1: weak)
Debt / equity Q 8.14 (above 2: weak)
Interest coverage Q (0.27)
Growth
Revenue growth Q +4.71% (above 0%: growing)
Operating income growth Q −166.87% (below 0%: shrinking)
EPS, this year −104.80% (below 0%: weak)
EPS, next year A +66.52% (at or above 15%: strong)
Revenue, next year A +2.47%
EPS, past 5 yrs —
EPS, next 5 yrs A —

Green and red mark values outside typical ranges; (Q) is the latest quarter, (A) analysts’ estimates. How we judge →

Valuation vs history

Dividends

Yield
—
Annual rate
—
Payout ratio
—

Assets vs Liabilities $m

2023 2024 2025 Q'26
Cash 7 64 69 28
Receivables 30 19 130 129
Inventory 4 7 11 11
Other 2 1 — 2
50 124 240 197
2023 2024 2025 Q'26
Payables 13 43 56 64
ST’ Debt 4 1,433 34 25
Other 4 91 77 62
82 1,790 322 308

Compound Annual Growth %

10y 5y 3y
Sales — — 63.65%
Cash Flow — 0.00% 0.00%
Earnings — 0.00% 0.00%
Book Value — 417.20% 0.00%

EPS $

Mar Jun Sep Dec Year
’26 (2.28) (1.42) — — —
’25 (1.40) (1.90) 99.92 (3.85) 93.90
’24 (0.70) (1.60) (0.90) — (4.10)
’23 (1.15) (0.26) (1.32) (2.17) (4.90)
’22 5.03 1.42 (1.19) (8.89) (3.64)
’21 (3.18) 0.64 (1.55) 1.48 (2.62)
Fiscal quarters ending in the months shown.

Revenue $m

Mar Jun Sep Dec Year
’26 197 191 — — —
’25 192 183 209 207 791
’24 38 34 233 — 873
’23 43 42 37 33 155
Fiscal quarters ending in the months shown.

Operating Cash Flow $m

Mar Jun Sep Dec Year
’26 (5) (10) — — —
’25 (44) (32) (70) 4 (142)
’24 (4) (2) (1) — 23
’23 (5) 3 3 (3) (2)
’22 0 0 0 10 10
’21 0 0 0 — 0
Fiscal quarters ending in the months shown.

Free Cash Flow $m

Mar Jun Sep Dec Year
’26 (7) (12) — — —
’25 (45) (34) (74) 1 (152)
’24 (4) (2) (5) (2) 17
’23 (5) 2 3 (3) (4)
’22 0 0 0 4 4
’21 0 0 0 — 0
Fiscal quarters ending in the months shown.

Target Price Range

Analyst price targets

Recommendation Rating

1
1Buy 2 3Hold 4 5Sell

Ten years at a glance Fiscal years to December

Ten-year view Analyst estimates Powerpack
Group Line 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 TTM Jun ’26 Trend 10 yrs 2026e 2027e 2028e Next 3/yr
Income, $m
Income, $m Revenue — — — — — — 180 155 873 791 805 +63.6% 811 899 979 +7.3%
Gross margin, % — — — — — — 24.21 25.69 21.63 21.70 22.25 (2.5) pt
EBT — — — — 0 (2) (5) (5) (205) 1,144 1,121 n/m
EBT margin, % — — — — 0.00 0.00 (2.97) (3.20) (23.51) 144.67 139.25 +144.7 pt
Net income — 0 — — 0 (2) (8) (11) (215) 1,104 1,086 n/m
Per share, $
Per share, $ Revenue — — — — 0.00 0.00 82.78 68.86 289.30 67.31 68.35 n/m
Earnings — — — — — (2.62) (3.64) (4.90) (4.10) 93.90 92.37 n/m
Cash flow — — — — 0.00 0.00 4.54 (0.68) 7.71 (12.06) (6.88) n/m
Capex — — — — 0.00 0.00 (2.92) (1.03) (2.15) (0.89) (0.90) n/m
Free cash flow — — — — 0.00 0.00 1.62 (1.71) 5.56 (12.95) (7.78) n/m
Book value — — — — 0.00 (14.33) (12.35) (5.58) (482.92) 7.43 3.95 +538.6%
Shares, m — — — — 32 1 2 2 3 12 12 (18.0%)
Valuation, ×
Valuation, × P/E — — — — — — 0.00 0.00 0.00 0.07 0.03 0.0
P/S — — — — — — 0.00 0.80 0.04 0.10 0.04 0.2
P/B — — — — — — 0.00 0.00 0.00 0.92 0.74 0.2
EV/Sales — — — — — — 0.00 0.87 1.62 0.51 0.48 0.8
EV/FCF — — — — — — 25.37 (35.03) 84.04 (2.67) (4.20) 17.9
Cash, $m
Cash, $m Operating cash flow — — — — 0 0 10 (2) 23 (142) (81) n/m
Capex — — — — 0 — (6) (2) (6) (11) (11) n/m
Free cash flow — — — — 0 0 4 (4) 17 (152) (92) n/m
Balance, $m
Balance, $m Working capital — — — — 0 (3) (32) (32) (1,666) (82) (111) n/m
Net debt — — — — 0 1 24 12 1,377 326 350 n/m
Shareholders’ equity — — — — 0 (9) (27) (13) (1,457) 87 46 +417.2%
Returns, %
Returns, % ROA — — — — (11.20) (1.36) (4.24) (9.79) (87.25) 170.76 232.70 +182.0 pt
ROIC — — — — 0.00 0.00 0.00 0.00 0.00 (47.19) (53.93) (47.2) pt
ROE — — — — 0.00 36.61 43.71 55.93 29.28 (161.16) 11,938.49 (161.2) pt
People
People Employees — — — — — 0 0 1,500 1,450 10,600 — n/m
Revenue/emp, $m — — — — — 0.00 0.00 0.10 0.60 0.07 — n/m
Negative figures in brackets.
estimates

All 10 years →

Fiscal years to Dec 2025 · latest quarter Jun 2026 · fundamentals updated 26 Oct 2026

XBP Global Holdings, Inc. vs peers in Software Infrastructure (Q) = latest quarter vs a year earlier

Company Market cap P/E Fwd P/E Revenue growth (Q) EPS growth (Q) FCF growth (Q) Gross margin (Q) EBIT margin (Q) Compare
AIB AIB Data Centers Inc. $50.0M — (loss-making) — −35.21% (below 0%: shrinking) n/m −410.39% (below 0%: shrinking) (17.74%) (122.79%) Compare
AVX AVAX One Technology Ltd. $42.1M — (loss-making) — +523.23% (above 0%: growing) n/m −107.94% (below 0%: shrinking) 71.88% (1,185.02%) Compare
LIDR AEye, Inc. $41.3M — (loss-making) — (loss-making) +912.00% (above 0%: growing) n/m −31.35% (below 0%: shrinking) (35.18%) (2,232.02%) Compare
VHC VirnetX Holding Corp $39.6M — (loss-making) 5.1× +2,700.00% (above 0%: growing) n/m −13.27% (below 0%: shrinking) 100.00% 0.00% Compare
XBP XBP Global Holdings, Inc. $38.6M 0.0× — (loss-making) +4.71% (above 0%: growing) n/m +64.54% (above 0%: growing) 21.51% (1.95%)
MBAI MBody AI Ltd. $37.2M — (loss-making) — — n/m +122.08% (above 0%: growing) 0.00% 0.00% Compare
BBCI Bradbury Capital Inc. $32.2M 11.1× — — 0.00% −1,451.46% (below 0%: shrinking) — — Compare
BNAI Brand Engagement Network Inc. $32.1M — (loss-making) — (loss-making) +3,102.00% (above 0%: growing) n/m +27.68% (above 0%: growing) 100.00% (2,205.43%) Compare
SLMT Solmate Infrastructure Public Limited Company $31.7M — (loss-making) — −53.00% (below 0%: shrinking) n/m −327.77% (below 0%: shrinking) (704.45%) 0.00% Compare
Median of peers $38.4M — — +717.62% — −69.64% 0.00% (122.79%)

All 183 Software Infrastructure stocks →

Pay and ownership Proxy statement filed 29 April 2026

Chief executive’s pay

Year Total pay Actually paid $100 invested
2025 1.62m 1.66m 12.85
2024 1.97m 1.85m 20.57
Total pay is as the Summary Compensation Table states it; actually paid revalues the year’s share awards at its end, as the SEC’s pay-versus-performance rule asks. $100 invested is what $100 in the company’s shares at the start of the earliest year shown was worth at each year’s end. Read the proxy statement

XBP Global Holdings, Inc. (XBP) Latest News

22 Apr

17 Dec

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5 Dec

stockrow.com/XBP · Data as of Oct 26, 2026 · For information only; not investment advice. · © 2026 stockrow.com