v3.26.1
Business segment information (Tables)
6 Months Ended
Jun. 30, 2026
Segment Reporting [Abstract]  
Business segment information The following table presents segment information for the quarters and six months ended June 30, 2026 and June 30, 2025:
Quarter Ended June 30,Six Months Ended June 30,
(in millions)2026202520262025
Merchant Services:
Revenue$107.6 $101.4 $212.5 $199.2 
Other segment items(82.5)(79.7)(160.7)(156.1)
Adjusted EBITDA25.1 21.7 51.8 43.1 
B2B Payments:
Revenue$73.5 $71.0 $147.1 $141.1 
Other segment items(55.2)(55.4)(111.6)(112.2)
Adjusted EBITDA18.3 15.6 35.5 28.9 
Data Solutions:
Revenue$82.3 $67.8 $179.7 $145.1 
Other segment items(64.2)(47.4)(138.7)(105.1)
Adjusted EBITDA18.1 20.4 41.0 40.0 
Print:
Revenue$235.9 $281.1 $498.1 $572.3 
Other segment items(149.9)(190.7)(326.4)(391.1)
Adjusted EBITDA86.0 90.4 171.7 181.2 
Total segments:
Revenue$499.3 $521.3 $1,037.4 $1,057.7 
Other segment items(351.8)(373.2)(737.4)(764.5)
Adjusted EBITDA147.5 148.1 300.0 293.2 
Reconciliation of adjusted EBITDA to income before income taxes The following table presents the reconciliation of total segment adjusted EBITDA to consolidated income before income taxes:
Quarter Ended
June 30,
Six Months Ended
June 30,
(in millions)2026202520262025
Total segment adjusted EBITDA$147.5 $148.1 $300.0 $293.2 
Corporate operations(38.7)(41.6)(73.3)(86.6)
Depreciation and amortization expense(36.2)(33.5)(72.9)(68.8)
Interest expense(28.0)(30.9)(55.6)(62.2)
Net income attributable to non-controlling interest0.1 — 0.1 0.1 
Restructuring and integration expense(2.0)(4.2)(5.8)(12.7)
Share-based compensation expense(6.5)(6.2)(13.2)(11.6)
Acquisition transaction costs(5.6)— (5.6)— 
Certain legal, environmental and other expense(0.5)— (2.1)(0.5)
Gain on sale of businesses and long-lived assets— — 5.1 — 
Income before income taxes$30.1 $31.7 $76.7 $50.9 
Revenue disaggregated by product and service offerings The following tables present revenue disaggregated by our product and service offerings:
Quarter Ended June 30, 2026
(in millions)Merchant ServicesB2B
Payments
Data
Solutions
PrintConsolidated
Checks$— $— $— $165.5 $165.5 
Merchant services solutions107.6 — — — 107.6 
Data-driven marketing— — 77.7 — 77.7 
Treasury management solutions
— 57.1 — — 57.1 
Forms and other business products— — — 39.4 39.4 
Promotional solutions— — — 31.0 31.0 
Other payment solutions— 16.4 — — 16.4 
Other web-based solutions— — 4.6 — 4.6 
Total revenue$107.6 $73.5 $82.3 $235.9 $499.3 
Quarter Ended June 30, 2025
(in millions)Merchant ServicesB2B
Payments
Data
Solutions
PrintConsolidated
Checks$— $— $— $173.7 $173.7 
Merchant services solutions101.4 — — — 101.4 
Data-driven marketing— — 63.0 — 63.0 
Treasury management solutions
— 54.5 — — 54.5 
Forms and other business products— — — 54.2 54.2 
Promotional solutions— — — 53.2 53.2 
Other payment solutions— 16.5 — — 16.5 
Other web-based solutions— — 4.8 — 4.8 
Total revenue$101.4 $71.0 $67.8 $281.1 $521.3 
Six Months Ended June 30, 2026
(in millions)Merchant ServicesB2B
Payments
Data
Solutions
PrintConsolidated
Checks$— $— $— $331.5 $331.5 
Merchant services solutions212.5 — — — 212.5 
Data-driven marketing— — 170.1 — 170.1 
Treasury management solutions— 114.9 — — 114.9 
Forms and other business products— — — 91.7 91.7 
Promotional solutions— — — 74.9 74.9 
Other payment solutions— 32.2 — — 32.2 
Other web-based solutions— — 9.6 — 9.6 
Total revenue$212.5 $147.1 $179.7 $498.1 $1,037.4 
Six Months Ended June 30, 2025
(in millions)Merchant ServicesB2B
Payments
Data
Solutions
PrintConsolidated
Checks$— $— $— $348.9 $348.9 
Merchant services solutions199.2 — — — 199.2 
Data-driven marketing— — 135.0 — 135.0 
Treasury management solutions— 108.8 — — 108.8 
Forms and other business products— — — 114.7 114.7 
Promotional solutions— — — 108.7 108.7 
Other payment solutions— 32.3 — — 32.3 
Other web-based solutions— — 10.1 — 10.1 
Total revenue$199.2 $141.1 $145.1 $572.3 $1,057.7