Capstone Holding Corp. (CAPS) Income Statement
CAPS 2025 at a glance
Fiscal year ended December 31, 2025 · U.S. dollarsCAPS revenue and net income
Where CAPS's revenue goes
2025Each bar shows an amount and its share of revenue. CAPS kept −45.3% of revenue as net income.
CAPS profit margins
CAPS growth rates
to 2025| 1 year | 3 years | 5 years | 10 years | |
|---|---|---|---|---|
| Revenue | +4.5% | −8.7% | +0.6% | — |
| Gross profit | +12.8% | −13.3% | −0.3% | — |
| Operating income | — | — | — | — |
| Net income | — | — | — | — |
| EPS (diluted) | — | — | — | — |
1-year change and average annual growth (CAGR) over 3, 5 and 10 fiscal years. "—" when a starting value was zero or negative.
CAPS quarterly EPS vs estimates
Capstone beat the analyst EPS estimate in 2 of the last 7 quarters. Next report: November 17, 2026.
CAPS income statement
| 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $46.9M | $44.9M | $48.4M | $61.6M | $66.7M | $45.5M | $14.0M | $2.0M | $0 | $0 |
| Cost of revenue | $36.1M | $35.3M | $38.7M | $45.0M | $50.4M | $34.5M | $39,000 | $157,000 | $205,000 | $179,000 |
| Gross profit | $10.8M | $9.6M | $9.6M | $16.5M | $16.3M | $10.9M | −$39,000 | −$157,000 | −$205,000 | −$179,000 |
| Research & development | — | — | — | — | — | — | — | $1.4M | $1.0M | $1.0M |
| Sales, general & admin | $14.4M | $10.2M | $10.9M | $12.5M | $11.7M | $8.5M | $762,000 | $554,000 | $641,000 | $543,000 |
| Total operating expenses | $14.4M | $10.2M | $10.9M | $12.5M | $11.7M | $8.5M | $723,000 | $397,000 | $1.5M | $1.4M |
| Operating income | −$3.6M | −$638,000 | −$1.3M | $4.0M | $4.6M | $2.4M | −$762,000 | −$554,000 | −$1.7M | −$1.6M |
| Interest expense | $3.9M | $1.5M | $1.5M | $895,000 | $1.1M | $710,000 | $261,000 | $0 | $0 | $0 |
| Income before taxes | −$14.1M | −$3.0M | −$3.6M | $3.1M | $4.4M | $1.7M | −$1.0M | −$802,000 | −$1.8M | −$1.7M |
| Income taxes | $7.2M | −$442,000 | $234,000 | $783,000 | $436,000 | −$8.5M | −$24,000 | −$49,000 | −$36,000 | −$56,000 |
| Net income | −$21.2M | −$2.6M | −$3.8M | $2.3M | $3.9M | $10.5M | −$2.1M | −$380,000 | −$1.8M | −$663,000 |
| EBITDA | −$9.8M | −$1.0M | −$1.6M | $4.2M | $5.8M | $2.6M | −$723,000 | −$397,000 | −$1.5M | −$1.4M |
| EPS (diluted) | −$3.62 | −$34.86 | −$36.39 | −$5.88 | $7.10 | $109.82 | −$12.63 | −$0.01 | −$16.14 | −$16.41 |
| Gross margin | 23.0% | 21.3% | 19.9% | 26.9% | 24.4% | 24.1% | −0.3% | −7.8% | — | — |
| Operating margin | −7.6% | −1.4% | −2.6% | 6.5% | 6.9% | 5.3% | −5.5% | −27.7% | — | — |
| Net margin | −45.3% | −5.7% | −7.9% | 3.8% | 5.9% | 23.0% | −14.8% | −19.0% | — | — |
| Jun '26 | Mar '26 | Dec '25 | Sep '25 | Jun '25 | Mar '25 | Dec '24 | Sep '24 | Jun '24 | Mar '24 | Dec '23 | Sep '23 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $21.5M | $12.6M | $12.5M | $13.7M | $12.9M | $7.9M | $10.3M | $12.3M | $12.9M | $9.4M | $9.5M | $12.1M |
| Cost of revenue | $15.5M | $9.7M | $9.4M | $10.4M | $9.7M | $6.6M | $8.2M | $9.3M | $10.1M | $7.6M | $8.3M | $9.6M |
| Gross profit | $6.0M | $3.0M | $3.1M | $3.3M | $3.1M | $1.3M | $2.1M | $3.0M | $2.8M | $1.7M | $1.2M | $2.5M |
| Sales, general & admin | $5.5M | $4.5M | $4.9M | $3.4M | $3.4M | $2.8M | $2.4M | $2.6M | $2.8M | $2.4M | $2.2M | $2.7M |
| Total operating expenses | $5.6M | $4.5M | $14.3M | $4.0M | $3.4M | $2.8M | $2.4M | $2.6M | $2.8M | $2.4M | $2.2M | $2.7M |
| Operating income | $432,000 | −$1.5M | −$1.8M | −$768,000 | −$260,000 | −$1.4M | −$348,000 | $413,000 | $14,000 | −$717,000 | −$969,000 | −$149,000 |
| Interest expense | $2.0M | $892,000 | $2.6M | $594,000 | $440,000 | $300,000 | $335,000 | $374,000 | $394,000 | $380,000 | $384,000 | $425,000 |
| Income before taxes | −$1.4M | −$1.9M | −$9.6M | −$2.0M | −$700,000 | −$1.7M | −$683,000 | $39,000 | −$380,000 | −$1.1M | −$2.2M | −$574,000 |
| Income taxes | $3,000 | −$2,000 | — | — | — | — | $420,000 | $5,000 | $1,000 | $16,000 | −$134,000 | $35,000 |
| Net income | −$1.4M | −$1.9M | −$16.8M | −$2.0M | −$700,000 | −$1.7M | −$1.1M | $34,000 | −$381,000 | −$1.1M | −$2.0M | −$609,000 |
| EBITDA | $747,000 | −$864,000 | −$7.0M | −$1.3M | −$146,000 | −$1.3M | −$101,000 | $506,000 | $136,000 | −$597,000 | −$1.7M | −$48,000 |
| EPS (diluted) | −$0.11 | −$0.21 | −$2.67 | −$0.35 | −$0.13 | −$0.47 | −$7.20 | −$6.33 | −$8.43 | −$12.91 | −$8.13 | −$9.87 |
| Gross margin | 27.9% | 23.5% | 24.7% | 23.8% | 24.4% | 16.8% | 20.1% | 24.3% | 21.6% | 18.4% | 12.9% | 20.8% |
| Operating margin | 2.0% | −11.8% | −14.3% | −5.6% | −2.0% | −18.1% | −3.4% | 3.4% | 0.1% | −7.7% | −10.2% | −1.2% |
| Net margin | −6.4% | −15.2% | −134.6% | −14.8% | −5.4% | −21.9% | −10.7% | 0.3% | −3.0% | −11.9% | −21.3% | −5.0% |
Quarterly columns are labeled by the month the quarter ended. Figures in U.S. dollars as reported in CAPS's financial statements (latest annual report filed April 16, 2026); data from EODHD. Sales, general & administrative expenses include sales and marketing.
CAPS financial results
In fiscal year 2025 (ended December 31, 2025), Capstone reported revenue of $46.9 million, up 4.5% from the year before. It had a net loss of $21.2 million, a net profit margin of −45.3%. Diluted earnings per share came to −$3.62. Over five years revenue grew at an average rate of 0.6% a year.
See the CAPS stock overview for the latest quote and news, or the CAPS chart for price history and technical indicators.
CAPS income statement FAQ
What is Capstone's annual revenue?
Capstone reported total revenue of $46.9 million for fiscal year 2025, which ended on December 31, 2025. That was up 4.5% from $44.9 million the previous year.
Is Capstone profitable?
No. Capstone reported a net loss of $21.2 million in fiscal 2025, a net profit margin of −45.3%; its operating margin was −7.6%.
What is Capstone's gross margin?
Capstone's gross margin was 23.0% in fiscal 2025: for every $100 of revenue, Capstone kept $23 after the direct cost of its products and services.
How fast is Capstone growing?
Revenue grew 0.6% a year on average over the last five fiscal years, from $45.5 million to $46.9 million.
What are Capstone's earnings per share?
Capstone earned $-3.62 per diluted share in fiscal 2025, compared with $-34.86 a year earlier.
When will Capstone report its next earnings?
Capstone is expected to report results for the quarter ending September 30, 2026 on November 17, 2026.
When does Capstone's fiscal year end?
Capstone's fiscal year ends in December. The latest annual report covers the year ended December 31, 2025 and was filed on April 16, 2026.