Quarterly ResultMay 20, 2026, 07:37 AM
Capstone Q1 Net Sales +60% to $12.6M; Net Loss Narrows to $1.9M
AI Summary
Capstone Holding Corp. reported a significant increase in net sales for the first quarter of 2026, reaching $12.6 million, a 60% rise year-over-year. The company also saw its net loss narrow to $1.9 million, or $0.21 per share, compared to a $2.4 million loss, or $0.47 per share, in the prior year. This improvement was driven by strong sales and gross profit growth, despite increased selling, general, and administrative expenses and higher interest expenses.
Key Highlights
- Net sales increased by 60.0% to $12.6 million for Q1 2026, up from $7.9 million in Q1 2025.
- Gross profit surged by 124.1% to $3.0 million in Q1 2026, compared to $1.3 million in Q1 2025.
- Net loss attributable to stockholders narrowed by 21.3% to $1.9 million, from $2.4 million year-over-year.
- Loss per share improved by 55.3% to $0.21 in Q1 2026, down from $0.47 in Q1 2025.
- Selling, general, and administrative expenses rose to $4.5 million in Q1 2026 from $2.8 million in Q1 2025.
- Interest expense increased to $0.9 million in Q1 2026, up from $0.3 million in Q1 2025.
- Cash and cash equivalents decreased to $419 thousand at March 31, 2026, from $727 thousand at December 31, 2025.
- Total assets grew to $53.8 million at March 31, 2026, from $51.4 million at December 31, 2025.
Price Impact
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