Cimpress
CMPR on Nasdaq. Cimpress sells custom printed products and branded merchandise to small businesses. Market value $1.9bn.
Price checks use the past 12 months to June 2026. Quality checks use five annual reports, the latest for the year to June 2026.
Should I look at this?
Not a fit for our list right now
Why it could be worth it
What to watch out for
See Industrials stocks that passed both tests
This is not advice. Check the numbers below.
For every $100 of what the whole company costs, it produced $6.49 of spare cash in the past 12 months. A savings account pays about $4.
You pay 12.6 years of operating profit for the business. The average large US company costs around 18.
Each dollar kept in the business earns 23 cents a year. Above 10 is good.
Quality score: 68 of 100. Price score: 95 of 100. Our list needs 70 on quality and 60 on price.
$73.65 a share, 22% above its 1-year low
Over the past year the price has ranged from $60.59 to $106.58.
Pays no dividend
Prices from Tuesday’s close (6 October).
Five years of cash, in billions
| Revenue | |||||
| Revenue | $2.9bn | $3.1bn | $3.3bn | $3.4bn | $3.7bn |
| Operating margin | |||||
| Operating margin | 1.6% | 1.9% | 7.5% | 6.6% | 6.7% |
| Debt to equity | |||||
| Debt to equity | n/a | n/a | n/a | n/a | n/a |
| Shares outstanding | |||||
| Shares outstanding | 0.03bn | 0.03bn | 0.02bn | 0.02bn | 0.02bn |
Health checks
- Free cash flow positive5 of 5 years
- Accounting looks honest (Beneish)Nothing unusual
- Financial strength (Piotroski)6 of 9
- Profit backed by cash (accruals)Yes
- DebtUnknown
- Revenue growth, five yearsSlow, 7.7% a year
- Buying back its own sharesYes, 8% fewer since 2022
The quarter to June 2026
How the business did, compared with the same quarter a year earlier.
- Sales: $945 million last quarter, up 9% on a year ago.
- Profit: $25 million, after a loss of $25 million a year ago.
- It keeps 7 cents of each $1 of sales as operating profit, about the same as a year earlier.
- Spare cash over the past 12 months: $116 million, down from $145 million.
- Debt is $1.4 billion more than cash, about the same as a year ago.
- Sales grew on a year ago in each of the last 4 quarters.
| Quarter to | Amount |
|---|---|
| September 2024 | $805m |
| December 2024 | $939m |
| March 2025 | $789m |
| June 2025 | $869m |
| September 2025 | $863m |
| December 2025 | $1.0bn |
| March 2026 | $886m |
| June 2026 | $945m |
| Quarter to | Amount |
|---|---|
| September 2024 | -$13m |
| December 2024 | $61m |
| March 2025 | -$8m |
| June 2025 | -$25m |
| September 2025 | $8m |
| December 2025 | $49m |
| March 2026 | $14m |
| June 2026 | $25m |
From the company's quarterly reports to the SEC.
Dates
- Next results (estimated)
- n/a
- Last annual report (10-K)
- 7 August 2026
- Next quarterly (estimated, 10-Q)
- 31 July 2026
Who owns it
4 long-term investors we follow own it, up from 3 last quarter. 210 funds in all.
- LSV Asset ManagementJosef Lakonishok
- Value
- $142,000
- Share of fund
- <0.1%
| Fund | Value | Share of that fund | Change |
|---|---|---|---|
| Diamond Hill Capital ManagementRic Dillon (founder) | $51m | 0.4% | Cut |
| GMOJeremy Grantham | $363,883 | <0.1% | Cut |
| LSV Asset ManagementJosef Lakonishok | $142,000 | <0.1% | |
| Barrow HanleyBarrow Hanley team | $5,695 | <0.1% | New |
Largest holders overall
- Jupiter Topco$384m
- Prescott General Partners$367m
- Rubric Capital Management LP$178mAdded
- BlackRock$137mAdded
- Spruce House Investment Management$124m
- Vanguard Portfolio Management$87m
- Vanguard Capital Management$75m
- Acadian Asset Management$60mAdded
- Diamond Hill Capital Management$51mCut
- Wasatch Advisors LP$48mNew
From 13F filings for the quarter ended 30 June 2026.
Big holders and activists
6 investors own more than 5%.
- JANUS HENDERSON GROUP PLCPassive investorat least 14.7%+1.0 pts(filed with 1 related holder)Since 31 December 2025
- Rubric Capital Management LPPassive investorat least 6.2%(filed with 1 related holder)Since 31 December 2025
- BENJAMIN STEINPassive investor6.1%−0.9 ptsSince 29 January 2026
What they said
Item 4 of the Schedule 13D is hereby amended and supplemented as follows: The sales of Shares by the Reporting Persons below in Item 5 were done for portfolio management purposes.
Read the filing - ZACHARY STERNBERGPassive investorat least 5.1%−1.0 pts(filed with 3 related holders)Since 1 May 2026
- BlackRock, Inc.Passive investor5.1%+0.5 ptsSince 31 December 2025
- ZACHARY STERNBERGPassive investorat least 4.3%−0.8 pts(filed with 4 related holders)Since 18 August 2026
- ArrowMark Colorado Holdings, LLCPassive investorSold down below 5%Since 31 December 2025
- The Vanguard GroupPassive investorSold down below 5%Since 13 March 2026
| Holder | Stake | Since | |
|---|---|---|---|
JANUS HENDERSON GROUP PLC Passive investor | at least 14.7%+1.0 pts (filed with 1 related holder) | 31 December 2025 | |
Rubric Capital Management LP Passive investor | at least 6.2% (filed with 1 related holder) | 31 December 2025 | |
BENJAMIN STEIN Passive investor | 6.1%−0.9 pts | 29 January 2026 | What they saidItem 4 of the Schedule 13D is hereby amended and supplemented as follows: The sales of Shares by the Reporting Persons below in Item 5 were done for portfolio management purposes. Read the filing |
ZACHARY STERNBERG Passive investor | at least 5.1%−1.0 pts (filed with 3 related holders) | 1 May 2026 | |
BlackRock, Inc. Passive investor | 5.1%+0.5 pts | 31 December 2025 | |
ZACHARY STERNBERG Passive investor | at least 4.3%−0.8 pts (filed with 4 related holders) | 18 August 2026 | |
ArrowMark Colorado Holdings, LLC Passive investor | Sold down below 5% | 31 December 2025 | |
The Vanguard Group Passive investor | Sold down below 5% | 13 March 2026 |
From Schedule 13D and 13G filings: anyone owning more than 5% must file one.
What insiders did
In the last 12 months, 1 insider bought $251,175 of shares on the open market. 3 sold $9m.
- Keane Robert SCEO, Chairman, DirectorSold
- Date
- 11 September 2026
- Shares
- 28,000
- Price
- $84.89
- Value
- $2m
- Keane Robert SCEO, Chairman, DirectorSold
- Date
- 11 August 2026
- Shares
- 6,500
- Price
- $96.09
- Value
- $624,611
- Quinn Sean EdwardEVP, Chief Financial OfficerSold
- Date
- 28 May 2026
- Shares
- 5,009
- Price
- $104.22
- Value
- $522,038
- Quinn Sean EdwardEVP, Chief Financial OfficerSold
- Date
- 27 May 2026
- Shares
- 22,980
- Price
- $104.61
- Value
- $2m
- Wensveen MaartenEVP & Chief Technology OfficerSold
- Date
- 5 May 2026
- Shares
- 19,251
- Price
- $92.96
- Value
- $2m
- Quinn Sean EdwardEVP, Chief Financial OfficerBought
- Date
- 6 November 2025
- Shares
- 4,000
- Price
- $62.79
- Value
- $251,175
- Wensveen MaartenEVP & Chief Technology OfficerSold
- Date
- 3 November 2025
- Shares
- 22,830
- Price
- $68.36
- Value
- $2m
| Date | Who | Did | Shares | Price | Value |
|---|---|---|---|---|---|
| 11 September 2026 | Keane Robert S CEO, Chairman, Director | Sold | 28,000 | $84.89 | $2m |
| 11 August 2026 | Keane Robert S CEO, Chairman, Director | Sold | 6,500 | $96.09 | $624,611 |
| 28 May 2026 | Quinn Sean Edward EVP, Chief Financial Officer | Sold | 5,009 | $104.22 | $522,038 |
| 27 May 2026 | Quinn Sean Edward EVP, Chief Financial Officer | Sold | 22,980 | $104.61 | $2m |
| 5 May 2026 | Wensveen Maarten EVP & Chief Technology Officer | Sold | 19,251 | $92.96 | $2m |
| 6 November 2025 | Quinn Sean Edward EVP, Chief Financial Officer | Bought | 4,000 | $62.79 | $251,175 |
| 3 November 2025 | Wensveen Maarten EVP & Chief Technology Officer | Sold | 22,830 | $68.36 | $2m |
From Form 4 filings: insiders must report trades in their own company's shares within two days.
Warning signs in its filings
Problems the company itself reported to the SEC, in its own words.
None of the warning signs we check for were found.
We look for five warning signs: doubt it can keep going, weak checks on its own accounts, a notice that its past accounts can't be relied on, a change of auditor, and one customer bringing in a big share of sales. We don't check lawsuits, investigations or debt yet.
We checked the auditor's report, internal controls, restatement notices, auditor changes and big customers in the 10-K filed 7 Aug 2026, and no later 8-Ks.
A 10-K is the yearly report every US company files with the SEC. An 8-K is a short notice of a big event.
What could go wrong
- It owes more than it owns on paper (negative equity). Often that's from borrowing to buy back shares.
Whether the price already reflects the risks is what the deep dive is for.
The deep dive
Everything above is arithmetic on public filings. The deep dive reads the last ten years of annual reports, the proxy statements, and the earnings calls, then argues the case the way Buffett, Klarman, and Hohn would, and checks every claim against the source.
- What the business is worth, as a range, and the margin of safety at today’s price
- Prices to start buying, buy, and buy hard
- The three things that would make this a mistake
- Every number footnoted to the filing it came from
Your first deep dive is free.
Not advice. Numbers on this page come from SEC filings and are updated each night; prices are updated again after the US market closes. The five-year figures are rounded.