CAPS News & Events

Capstone Holding will publish an investor FAQ during the week of May 4, addressing key questions from its shareholder base. The FAQ will provide additional detail on the Company's recent earnings and 2026 guidance, which includes 54% revenue growth and approximately 4x EBITDA growth. "We've seen strong engagement from shareholders following our recent earnings update," said Matthew Lipman, CEO. "This FAQ is an opportunity to address the questions we're hearing most often and provide additional clarity on our 2026 outlook-including our expected revenue growth, margin expansion, and path to sustained profitability. We are already seeing strong traction in both sales momentum and gross margin expansion, consistent with our 2026 outlook," Lipman added. "The upcoming FAQ will provide additional detail on these trends."

"It was a transformational year for Capstone," said Matthew Lipman, Chief Executive Officer. "Synergies from our recent acquisitions are enabling margin growth and operating leverage across the platform. With a full year of contributions from these assets, along with our product and geographic expansion, we expect 2026 to deliver a sharp increase in both revenue and EBITDA."

FY2026 Financial Guidance: Revenue: $72.1M: Revenue growth reflects a full year of contributions from acquired subsidiaries, continued organic growth including the Eldorado Stone distribution, and expansion into new geographies and customer segments. EBITDA: ~$3.8M: EBITDA is expected to reach approximately $3.8M, driven by fixed-cost leverage, improved product mix, and operating efficiencies. The Company expects to achieve a positive EBITDA run-rate beginning in the second quarter. Gross Margin: 26.0%: Gross profit expected to nearly double to ~$18.7M. New product launches, including Eldorado Stone and Nature's Edge, and owned-brand expansion support continued margin improvement while increasing revenue per customer and per delivery route without incremental investment. Cost Savings and Efficiency: Approximately $480,000 in identified annual cost savings from facility consolidation, with additional upside from logistics optimization and inventory centralization. AI-driven initiatives are expected to drive further efficiency gains by year-end 2026. Growth Trajectory: Clear path to $100M or more in revenue, supported by platform scale, acquisition pipeline, recently awarded distribution partnerships including Eldorado Stone, and continued operational execution.

Capstone announced it has been awarded distribution rights for Eldorado Stone, a premium manufactured stone veneer brand from Westlake Royal Building Products. The Company expects the addition will contribute $5 million in annualized run-rate revenue by Q3 2027, sold entirely through Capstone's existing distribution channels with no incremental infrastructure investment. "The addition of Eldorado Stone is a significant organic growth driver for our business," said Matthew Lipman, Chief Executive Officer of Capstone. "We've built a strong track record distributing Cultured Stone, and Westlake's decision to expand our portfolio with Eldorado reflects confidence in our platform and our ability to grow premium brands. This is $5 million in revenue that requires no acquisition cost and flows through a cost structure that is already in place."