v3.26.1
SEGMENT REPORTING (Tables)
 6 Months Ended
Jun. 30, 2026
Segment Reporting [Abstract]  
Schedule of Segment Reporting
The information below represents a disaggregation of the operating results of the Company segments consistent with the information reviewed by the CODM.
Three Months Ended June 30, 2026
CompoSecure
Husky
Total
Net Sales
$
133.6 
$
339.6 
$
473.2 
Less(1)
Material
22.0 
116.1 
138.1 
Personnel
31.7 
101.6 
133.3 
Overhead
13.1 
32.6 
45.7 
Professional fees
3.3 
4.7 
8.0 
Management fees
4.7 
8.9 
13.6 
Sales and marketing
0.7 
4.5 
5.2 
Other segment expenses(2)
2.9 
6.3 
9.2 
Adjusted EBITDA
$
55.2 
$
64.9 
120.1 
Reconciliation of Adjusted EBITDA to net income (loss)
Corporate Adjusted EBITDA(3)
(6.2)
Depreciation and amortization
(64.3)
Stock-based compensation
(6.1)
Income tax expense
(23.3)
Interest expense, net
(33.0)
Foreign currency gains
1.9 
Husky Transaction costs
(1.3)
Loss on disposal of assets
(0.3)
Severance cost
(3.6)
Loss on remeasurement of TRA liability
(6.2)
Fair value inventory step-up(4)
(23.6)
Gain on debt extinguishment(4)
96.2 
Net income (loss)
$
50.3 
(1) The significant expense categories and amounts align with the segment-level information that is regularly provided to the CODM, which nets out discrete items noted in the reconciliation of Adjusted EBITDA to net income (loss).
(2) Other segment expenses relate to miscellaneous expenses.
(3) Corporate Adjusted EBITDA consists of the activity of the corporate entities, which are not considered operating segments.
(4) There were measurement period adjustments reflected in the condensed consolidated statements of operations in the current period related to the Husky Transaction.
Six Months Ended June 30, 2026
CompoSecure
Husky
Total
Net Sales
$
264.0 
$
617.0 
$
881.0 
Less(1)
Material
49.0 
215.4 
264.4 
Personnel
64.7 
195.9 
260.6 
Overhead
25.3 
55.7 
81.0 
Professional fees
6.3 
7.8 
14.1 
Management fees
9.2 
17.3 
26.5 
Sales and marketing
1.1 
8.6 
9.7 
Other segment expenses(2)
5.6 
10.2 
15.8 
Adjusted EBITDA
$
102.8 
$
106.1 
208.9 
Reconciliation of Adjusted EBITDA to net income (loss)
Corporate Adjusted EBITDA(3)
(10.0)
Depreciation and amortization
(123.6)
Stock-based compensation
(10.1)
Income tax expense
(30.1)
Interest expense, net
(62.5)
Foreign currency gains
4.2 
Husky Transaction costs
(94.2)
Loss on disposal of assets
(0.9)
Severance cost
(4.1)
Loss on remeasurement of TRA liability
(28.1)
Fair value inventory step-up(4)
(23.6)
Loss on debt extinguishment(4)
(10.6)
Net income (loss)
$
(184.7)
(1) The significant expense categories and amounts align with the segment-level information that is regularly provided to the CODM, which nets out discrete items noted in the reconciliation of Adjusted EBITDA to net income (loss).
(2) Other segment expenses relate to miscellaneous expenses.
(3) Corporate Adjusted EBITDA consists of the activity of the corporate entities, which are not considered operating segments.
(4) There were measurement period adjustments reflected in the condensed consolidated statements of operations in the current period related to the Husky Transaction.
Three Months Ended June 30, 2025
CompoSecure
Total
Net Sales
$
119.6 
$
119.6 
Less(1)
Material
20.7 
20.7 
Personnel
29.2 
29.2 
Overhead
12.5 
12.5 
Professional fees
3.3 
3.3 
Management fees
3.4 
3.4 
Sales and marketing
0.3 
0.3 
Other segment expenses(2)
1.6 
1.6 
Adjusted EBITDA
$
48.6 
48.6 
Reconciliation of Adjusted EBITDA to net income (loss)
Corporate Adjusted EBITDA(3)
(2.3)
Depreciation and amortization
(2.3)
Stock-based compensation
(5.1)
Income tax expense (benefit)
1.8 
Interest expense, net
(2.1)
Mark to market adjustments, net
(64.1)
Spin-Off costs
(0.6)
Net income (loss)
$
(26.1)
(1) The significant expense categories and amounts align with the segment-level information that is regularly provided to the CODM, which nets out discrete items noted in the reconciliation of Adjusted EBITDA to net income (loss).
(2) Other segment expenses relate to miscellaneous expenses.
(3) Corporate Adjusted EBITDA consists of the activity of the corporate entities, which are not considered operating segments.
Six Months Ended June 30, 2025
CompoSecure
Total
Net Sales
$
223.5 
$
223.5 
Less(1)
Material
39.5 
39.5 
Personnel
58.5 
58.5 
Overhead
25.3 
25.3 
Professional fees
8.4 
8.4 
Management fees
4.5 
4.5 
Sales and marketing
0.6 
0.6 
Other segment expenses(2)
2.2 
2.2 
Adjusted EBITDA
$
84.5 
84.5 
Reconciliation of Adjusted EBITDA to net income (loss)
Corporate Adjusted EBITDA(3)
(3.4)
Depreciation and amortization
(4.6)
Stock-based compensation
(10.8)
Income tax expense
(25.2)
Interest expense, net
(4.5)
Mark to market adjustments, net
(35.0)
Spin-Off costs
(5.6)
Net income (loss)
$
(4.6)
(1) The significant expense categories and amounts align with the segment-level information that is regularly provided to the CODM, which nets out discrete items noted in the reconciliation of Adjusted EBITDA to net income (loss).
(2) Other segment expenses relate to miscellaneous expenses.
(3) Corporate Adjusted EBITDA consists of the activity of the corporate entities, which are not considered operating segments.

The following table reconciles each reportable segment's cash and assets to the Company's totals.
June 30, 2026
CompoSecure
Husky
Elimination
Total
Total cash
$
33.5 
$
71.3 
$
(97.1)
$
7.7 
Total assets
$
215.6 
$
5,859.6 
$
(2,612.8)
$
3,462.4 
June 30, 2025
CompoSecure
Elimination
Total
Total cash
$
91.7 
$
(86.9)
$
4.8 
Total assets
$
242.6 
$
30.0 
$
272.6