CAPS News & Events

Reports Q1 revenue $12.6M vs. $7.9M last year. "It was a historically challenging winter for seasonal businesses, but our results reinforce the resilience of the platform we've built," said Matthew Lipman, Chief Executive Officer of Capstone. "Gross profit grew more than twice as fast as revenue, reflecting the pricing discipline and margin expansion we've prioritized across the business. We've seen strong project and customer momentum in April and May, and we remain firmly on track to achieve our FY2026 targets and to turn Adjusted EBITDA positive in Q2."

The company said, "Business momentum in April and May indicates that end-market conditions have improved materially, and Capstone reaffirms FY2026 guidance of $72.1 million in revenue, $18.7 million in gross profit, and approximately $3.8 million in Adjusted EBITDA, an approximate 4x increase year-over-year, with positive Adjusted EBITDA expected in Q2." CEO Matthew Lipman added, ""End-market conditions are improving, and our platform now has the scale to drive accelerating earnings growth in the quarters ahead. We believe the platform we have built positions Capstone to grow toward $100 million in revenue over time."

Capstone Holding published an investor FAQ on the Company's website detailing recent progress on its convertible debt, working capital facilities, and FY2026 outlook. A key disclosure in the FAQ is that as of May 1, approximately 72% of the original convertible-note principal has been converted, leaving $1.9M outstanding. The FAQ addresses questions submitted by shareholders following the Company's April 16, 2026 earnings release and reaffirms the Company's FY2026 outlook: revenue of $72.1M, up 54%; gross profit of approximately $18.7M, up 73%; and EBITDA of approximately $3.8M, an approximate 322% increase year-over-year. A positive EBITDA run-rate is expected beginning in Q2.

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."