Capstone Holding Corp (CAPS)

Capstone Expands D.R. Horton Relationship to 19 Communities and Wins All of a Leading National Homebuilder’s Regional Stone WorkJune 1, 2026 7:35 AM
Business Wire Awards drive order volume to its strongest level in two years; new relationship covers 100% of the builder’s stone installation work in the region. Capstone Holding Corp. (NASDAQ: CAPS), a tech-enabled building products distribution platform, today announced a series of commercial wins through its Carolina Stone subsidiary, including the expansion of its D.R. Horton relationship to 19 communities in Raleigh and a new leading national homebuilder relationship in Charlotte, for which Capstone won all of the builder’s regional stone installation work. The Company also secured a ~$1 million multifamily project in the Charlotte metropolitan area. The awards have driven order volume to its strongest level in two years. Revenue from the new awards is expected to begin in the fourth quarter of 2026 and continue through subsequent quarters, adding revenue visibility and opportunities for scope expansion. The Company expects the awards to strengthen its pipeline and support continued gross margin expansion as it progresses toward its FY2026 financial targets. “These wins reflect what we are seeing across the platform: order volume is the strongest it has been in at least two years, and Capstone’s organic growth is poised to accelerate,” said Matthew Lipman, Chief Executive Officer. “Winning all of a leading homebuilder’s regional stone installation work, and deepening our relationship with D.R. Horton, positions us to deliver positive Adjusted EBITDA in the second quarter and to keep expanding gross profit and margins.” The awards build on a first quarter in which revenue grew 60% year-over-year to $12.6 million, gross profit increased 124% to $3.0 million, and gross margin expanded 670 basis points to 23.5%—the highest first-quarter gross margin in four years. Key Highlights D.R. Horton Expansion to 19 Communities: Capstone added 19 D.R. Horton communities in the Raleigh market, deepening its volume with one of the nation’s largest homebuilders. New Leading National Homebuilder—All Regional Stone Work: Capstone secured a new U.S. homebuilder relationship in the Charlotte market and won all of the builder’s regional stone installation work, creating a recurring volume base and a path to additional community penetration. ~$1 Million Charlotte Multifamily Project: Capstone secured a 12-building multifamily development in the Charlotte metropolitan area, with revenue expected to begin in the fourth quarter of 2026 and continue through 2027. Order Volume at a Two-Year High: The combined awards have driven Capstone’s order volume to its strongest level in two years, building momentum across the commercial pipeline. Margin Expansion Underway: First-quarter gross margin expanded 670 basis points to 23.5%, the highest first-quarter margin in four years. The Company continues to target 26.0% gross margin in FY2026 and expects positive Adjusted EBITDA in the second quarter. Platform-Wide Sales Momentum: The awards build on Capstone’s broader commercial expansion, including its recently awarded Eldorado Stone distribution, which targets approximately $5 million in incremental annualized revenue by the third quarter of 2027. “Our first-quarter results gave shareholders the clearest signal yet that Capstone’s growth strategy is working,” Lipman added. “As weather conditions normalize and our commercial pipeline strengthens, the quarters ahead are when the full impact of our margin expansion should become evident.” About Capstone Holding Corp. Capstone Holding Corp. (NASDAQ: CAPS) is a national, technology-enabled building products distribution platform optimizing supply chains across 38 U.S. states and Canada. Through its Instone operating platform and inventory portal, the Company aggregates and delivers proprietary stone veneer, hardscape materials, and modular masonry systems. Capstone’s model combines digital infrastructure, owned-inventory logistics, and disciplined acquisitions to drive scalable margin expansion and operating leverage across its growing platform. Non-GAAP Financial Measures This press release references Adjusted EBITDA, a non-GAAP financial measure. Adjusted EBITDA is not a measure of financial performance under GAAP and should not be considered an alternative to net income (loss) or any other performance measure derived in accordance with GAAP. Adjusted EBITDA may not be comparable to similarly titled measures used by other companies. The Company defines “Adjusted EBITDA” as earnings (loss) before interest expense, income taxes, depreciation and amortization expense, management fees incurred by Instone payable to Capstone and Brookstone, Instone board fees, share-based compensation, change in fair value of contingent consideration, loss on extinguishment of debt, and transaction costs. A reconciliation of Adjusted EBITDA to net loss, the most directly comparable GAAP measure, for the three months ended March 31, 2026 and 2025 is included in the Company’s first quarter 2026 investor presentation, available in the Investor Relations section of www.capstoneholdingcorp.com. The Company has not provided a quantitative reconciliation of forward-looking Adjusted EBITDA guidance to forward-looking GAAP net income (loss) because the individual reconciling items — including interest expense, income taxes, depreciation and amortization, share-based compensation, change in fair value of contingent consideration, loss on extinguishment of debt, and transaction costs — cannot be predicted with reasonable certainty without unreasonable effort. The unavailable reconciling items could have a significant impact on the Company’s GAAP results. Forward-Looking Statements This press release contains forward-looking statements as defined by the Private Securities Litigation Reform Act of 1995. These statements relate to future events and performance, including guidance regarding revenue and Adjusted EBITDA targets, M&A strategy, use of capital, and operating outlook. Actual results may differ materially from those projected due to a range of factors, including but not limited to the Company’s liquidity and access to capital; its ability to comply with, or obtain waivers of, financial covenants; the refinancing or repayment of indebtedness as it matures; conditions that may raise substantial doubt about the Company’s ability to continue as a going concern; acquisition timing and integration; macroeconomic conditions; and other execution risks. Please review the Company’s filings with the SEC, including the Quarterly Report on Form 10-Q for the quarter ended March 31, 2026, for a full discussion of these and other risk factors. Capstone undertakes no obligation to revise forward-looking statements except as required by law. View source version on businesswire.com: https://www.businesswire.com/news/home/20260601063426/en/ Investor Contact
Investor Relations
Capstone Holding Corp.
investors@capstoneholdingcorp.com
www.capstoneholdingcorp.com Original: Capstone Expands D.R. Horton Relationship to 19 Communities and Wins All of a Leading National Homebuilder’s Regional Stone Work

Capstone Holding Reports Q1 Revenue Growth and Margin Expansion While Reaffirming FY2026 Guidance (CAPS)May 20, 2026 10:53 AM
IH Market News The company posted 60% revenue growth and its strongest first-quarter gross margin in four years, while management reaffirmed full-year targets and projected positive adjusted EBITDA in Q2. Key Investor Takeaways Capstone Holding (NASDAQ:CAPS) reported Q1 revenue growth of 60% year over year to $12.6 million following the acquisitions of Carolina Stone and Canadian Stone Industries. Gross profit increased 124%, while gross margin expanded 670 basis points to 23.5%, marking the company’s highest first-quarter margin performance in four years. CAPS reaffirmed FY2026 guidance, including projected revenue of $72.1 million and approximately $3.8 million in adjusted EBITDA. Management said April and May business activity improved materially despite what the company described as one of the harshest winters in recent years for seasonal businesses. Investors may also focus on the company’s continued convertible debt reduction efforts and operational efficiency initiatives tied to AI-enabled tools and warehouse consolidation. Why CAPS Stock Is in Focus Capstone Holding reported first-quarter 2026 revenue of $12.6 million, up from $7.9 million in the prior-year quarter.The growth was driven primarily by the first full-quarter contribution from acquired businesses Carolina Stone and Canadian Stone Industries, along with continued momentum in the legacy Instone platform.Gross profit rose to $3.0 million from $1.3 million a year earlier, while gross margin improved to 23.5% from 16.8%.Management said the margin expansion reflected pricing discipline, improved product mix, sourcing efficiencies, and increased contributions from owned brands and installation services.The company reaffirmed full-year 2026 guidance, including projected revenue of $72.1 million, gross profit of $18.7 million, and adjusted EBITDA of approximately $3.8 million.Capstone also stated it expects adjusted EBITDA to turn positive in the second quarter.On a pro-forma basis, management said platform revenue for FY2025 would have been approximately $68 million if Carolina Stone and CSI had been owned for the full year.The company currently operates across eight locations spanning 38 U.S. states and Canada with more than 1,000 active customers. Why This Matters for Investors The results may matter to investors because Capstone demonstrated significant margin improvement despite difficult seasonal conditions that impacted construction-related demand.The widening gap between revenue growth and gross profit growth could suggest the company’s acquisition strategy is contributing to operational leverage and higher-margin business mix improvements.Management’s decision to reaffirm FY2026 guidance may also help support investor confidence in near-term execution, particularly after the company highlighted stronger activity trends during April and May.At the same time, investors may continue monitoring profitability and liquidity metrics closely. While adjusted EBITDA margins improved, the company still reported negative adjusted EBITDA during the quarter.The release also highlighted ongoing efforts to strengthen the balance sheet through convertible note reductions, with approximately 72% of original convertible note principal already converted or retired.Operational initiatives tied to warehouse consolidation, sourcing efficiencies, and AI-enabled procurement and inventory tools could become additional areas of focus as investors evaluate the company’s path toward sustained profitability. What to Watch Next Investors may be monitoring: Whether Capstone achieves positive adjusted EBITDA in Q2 Progress toward FY2026 revenue and margin guidance Integration performance from Carolina Stone and CSI Additional debt reduction and convertible note retirement activity Cost savings from warehouse consolidation initiatives Revenue contribution from Eldorado Stone distribution beginning in the second half of 2026 Future updates tied to AI-enabled operational efficiency programs Management also stated that investors should review the company’s Form 10-Q, including disclosures related to liquidity, debt maturities, financial covenants, and the company’s evaluation of its ability to continue as a going concern.Capstone Holding stock price Original: Capstone Holding Reports Q1 Revenue Growth and Margin Expansion While Reaffirming FY2026 Guidance (CAPS)

CAPS...................................https://stockcharts.com/sc3/ui/?s=CAPS&p=W&b=5&g=0&id=p86431144783

Capstone Reports Q1 2026 Results: Revenue Up 60%, Gross Profit Up 124%, Best Q1 Gross Margin in Four YearsMay 20, 2026 7:35 AM
Business Wire Gross margin expanded 670 bps to 23.5% against one of the harshest winters in recent memory for seasonal businesses Capstone Holding Corp. (NASDAQ: CAPS), a tech-enabled building products distribution platform, today reported financial and operating results for the first quarter of 2026. Q1 revenue grew 60% year-over-year to $12.6 million, gross profit grew 124% to $3.0 million, and gross margin expanded 670 basis points to 23.5%—the strongest first-quarter gross margin Capstone has reported in four years. Results reflect the first full quarter of contribution from Carolina Stone and Canadian Stone Industries (CSI). On a pro-forma basis, giving effect to the Carolina Stone and CSI acquisitions as if they had been owned for all of FY2025, platform revenue would have been approximately $68 million, compared with $46.9 million as reported. 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 (+54%), $18.7 million in gross profit (+73%), and approximately $3.8 million in Adjusted EBITDA, an approximate 4x increase year-over-year, with positive Adjusted EBITDA expected in Q2. Financial Summary   Q1 2025 Q1 2026 YoY Growth FY26 Guidance Revenue $7.9M $12.6M +60% $72.1M Gross Profit $1.3M $3.0M +124% $18.7M Gross Margin 16.8% 23.5% +670 bps 26.0% Adj. EBITDA ($0.6M) ($0.9M) N/A $3.8M Adj. EBITDA Margin -7.5% -6.9% +60 bps 5.2% Note: Q1 is seasonally the weakest quarter for stone demand. 2026 delivered colder-than-normal temperatures and elevated precipitation across every region. “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.” First Quarter 2026 Highlights: Revenue Growth (+60%): Q1 revenue increased to $12.6 million from $7.9 million in Q1 2025, driven by the first full-quarter contribution from Carolina Stone and CSI and continued organic momentum across the legacy Instone business. Gross Profit Growth (+124%): Gross profit more than doubled to $3.0 million from $1.3 million, growing approximately 2x faster than revenue and reflecting accretive contribution from acquired subsidiaries and a higher-margin product mix. Gross Margin Expansion (+670 bps—Best Q1 in Four Years): Gross margin expanded to 23.5% from 16.8%, pacing toward the FY2026 target of 26.0%. Expansion reflects pricing discipline; a higher mix of owned brands, architectural stone, and installation services; and sourcing and freight efficiencies. Pro-Forma FY2025 Revenue of Approximately $68 Million: Giving effect to the Carolina Stone and CSI acquisitions as if they had been owned for all of FY2025, pro-forma platform revenue would have been approximately $68 million versus $46.9 million as reported, with more than 1,000 active customers across eight locations spanning 38 U.S. states and Canada. EBITDA Margin Improvement Despite Larger Revenue Base: Adjusted EBITDA margin improved 60 basis points year-over-year to -6.9% from -7.5%, even as the revenue base expanded 60%. Corporate Cost Discipline: Standalone Capstone operating loss narrowed 54% year-over-year to ($258K) from ($564K), reflecting non-recurring IR and IPO-related costs rolling off as integration completes. Strengthened Capital Structure: Approximately 72% of the original convertible-note principal has been converted, with $4.92 million of the original $6.82 million retired and approximately $1.90 million remaining outstanding as of May 1, 2026. Management continues to prioritize retiring the remaining convertible notes while minimizing dilution where possible. Strategic Initiatives Compounding: Eldorado Stone distribution launched in April with H2 2026 revenue impact expected; Alsip-to-Navarre warehouse consolidation underway, with $240K of $480K annualized savings flowing in H2 2026 and the full $480K from 2027 onward; and the Company is reducing corporate overhead and sourcing costs while deploying AI-enabled tools across procurement, inventory, and routing that are expected to support further operating efficiencies over time. “End-market conditions are improving, and our platform now has the scale to drive accelerating earnings growth in the quarters ahead,” Lipman added. “We believe the platform we have built positions Capstone to grow toward $100 million in revenue over time.” Access to Full Materials Following the filing of Capstone’s Quarterly Report on Form 10-Q, the Company will post an investor presentation discussing Q1 results, strategic priorities, and detailed financial outlook. These materials will be available in the Investor Relations section of www.capstoneholdingcorp.com. The Company’s Form 10-Q and related filings with the Securities and Exchange Commission are available at sec.gov. Investors are encouraged to review the Form 10-Q in full, including the disclosures regarding liquidity, debt maturities, financial covenants, and the Company’s evaluation of its ability to continue as a going concern. About Capstone Holding Corp. Capstone Holding Corp. (NASDAQ: CAPS) is a national, technology-enabled building products distribution platform optimizing supply chains across 38 U.S. states and Canada. Through its Instone operating platform and inventory portal, the Company aggregates and delivers proprietary stone veneer, hardscape materials, and modular masonry systems. Capstone’s model combines digital infrastructure, owned-inventory logistics, and disciplined acquisitions to drive scalable margin expansion and operating leverage across its growing platform. Non-GAAP Financial Measures This press release references Adjusted EBITDA, a non-GAAP financial measure. Adjusted EBITDA is not a measure of financial performance under GAAP and should not be considered an alternative to net income (loss) or any other performance measure derived in accordance with GAAP. Adjusted EBITDA may not be comparable to similarly titled measures used by other companies. The Company defines "Adjusted EBITDA" as earnings (loss) before interest expense, income taxes, depreciation and amortization expense, management fees incurred by Instone payable to Capstone and Brookstone, Instone board fees, share-based compensation, change in fair value of contingent consideration, loss on extinguishment of debt, and transaction costs. A reconciliation of Adjusted EBITDA to net loss, the most directly comparable GAAP measure, for the three months ended March 31, 2026 and 2025 is included in the Company’s first quarter 2026 investor presentation, available in the Investor Relations section of www.capstoneholdingcorp.com. The Company has not provided a quantitative reconciliation of forward-looking Adjusted EBITDA guidance to forward-looking GAAP net income (loss) because the individual reconciling items — including interest expense, income taxes, depreciation and amortization, share-based compensation, change in fair value of contingent consideration, loss on extinguishment of debt, and transaction costs — cannot be predicted with reasonable certainty without unreasonable effort. The unavailable reconciling items could have a significant impact on the Company’s GAAP results. Forward-Looking Statements This press release contains forward-looking statements as defined by the Private Securities Litigation Reform Act of 1995. These statements relate to future events and performance, including guidance regarding revenue and Adjusted EBITDA targets, M&A strategy, use of capital, and operating outlook. Actual results may differ materially from those projected due to a range of factors, including but not limited to the Company’s liquidity and access to capital; its ability to comply with, or obtain waivers of, financial covenants; the refinancing or repayment of indebtedness as it matures; conditions that may raise substantial doubt about the Company’s ability to continue as a going concern; acquisition timing and integration; macroeconomic conditions; and other execution risks. Please review the Company’s filings with the SEC, including the Quarterly Report on Form 10-Q for the quarter ended March 31, 2026, for a full discussion of these and other risk factors. Capstone undertakes no obligation to revise forward-looking statements except as required by law. View source version on businesswire.com: https://www.businesswire.com/news/home/20260520550613/en/ Investor Contact
Investor Relations
Capstone Holding Corp.
investors@capstoneholdingcorp.com
www.capstoneholdingcorp.com Original: Capstone Reports Q1 2026 Results: Revenue Up 60%, Gross Profit Up 124%, Best Q1 Gross Margin in Four Years

Capstone Holding Corp. Provides Filing Timeline for Q1 2026 ResultsMay 15, 2026 5:00 PM
Business Wire The Company remains encouraged by recent business momentum and expects to file its Form 10-Q and related investor materials by May 20, 2026. Capstone Holding Corp. (NASDAQ: CAPS), a tech-enabled building products distribution platform, today announced that it will delay the filing of its Quarterly Report on Form 10-Q for the quarter ended March 31, 2026, to allow additional time to finalize its quarterly financial statements and complete the related interim review. The Company currently expects to file the Form 10-Q and publish related investor materials no later than Wednesday, May 20, 2026. Capstone remains encouraged by recent business momentum and looks forward to discussing its first quarter performance and outlook with shareholders. The Company is filing a Notification of Late Filing on Form 12b-25 with the Securities and Exchange Commission. About Capstone Holding Corp. Capstone Holding Corp. (NASDAQ: CAPS) is a national, technology-enabled building products distribution platform optimizing supply chains across 38 U.S. states and Canada. Through its Instone operating platform and inventory portal, the Company aggregates and delivers proprietary stone veneer, hardscape materials, and modular masonry systems. Capstone’s model combines digital infrastructure, owned-inventory logistics, and disciplined acquisitions to drive scalable margin expansion and operating leverage across its growing platform. Forward-Looking Statements This press release contains forward-looking statements as defined by the Private Securities Litigation Reform Act of 1995. These statements relate to future events and performance, including guidance regarding revenue and EBITDA targets, M&A strategy, use of capital, and operating outlook. Actual results may differ materially from those projected due to a range of factors, including but not limited to the Company’s liquidity and access to capital; its ability to comply with, or obtain waivers of, financial covenants; the refinancing or repayment of indebtedness as it matures; conditions that may raise substantial doubt about the Company’s ability to continue as a going concern; acquisition timing and integration; macroeconomic conditions; and other execution risks. Please review the Company’s filings with the SEC, including the Quarterly Report on Form 10-Q for the quarter ended March 31, 2026, for a full discussion of these and other risk factors. Capstone undertakes no obligation to revise forward-looking statements except as required by law. View source version on businesswire.com: https://www.businesswire.com/news/home/20260515275522/en/ Investor Contact
Investor Relations
Capstone Holding Corp.
investors@capstoneholdingcorp.com
www.capstoneholdingcorp.com Original: Capstone Holding Corp. Provides Filing Timeline for Q1 2026 Results

Capstone Publishes Investor FAQ Detailing 72% Reduction in Convertible Principal and Reaffirming FY2026 GuidanceMay 6, 2026 7:35 AM
Business Wire FAQ details capital structure progress and operating outlook, including FY2026 guidance of $72.1M in revenue and approximately 322% EBITDA growth Capstone Holding Corp. (NASDAQ: CAPS), a tech-enabled building products distribution platform, today 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 $1.90 million 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 $72.1 million, up 54%; gross profit of approximately $18.7 million, up 73%; and EBITDA of approximately $3.8 million, an approximate 322% increase year-over-year. A positive EBITDA run-rate is expected beginning in Q2. “We’ve heard the questions our shareholders are asking, and this FAQ answers them directly,” said Matthew Lipman, Chief Executive Officer of Capstone. “We believe the capital structure is materially better than it was a year ago, and the operating business is materially larger. We expect both trends to continue.” Highlights from the FAQ: Convertible Note Reduction: Of the $6.82 million in convertible-note principal originally issued in July and October 2025, approximately $4.92 million—or 72%—has been converted as of May 1, leaving $1.90 million outstanding. Working Capital Facility: At year-end 2025, Capstone had approximately $7.9 million drawn against its $11.5 million Beacon Bank & Trust revolver and was in compliance with all financial covenants, including Cash Flow Coverage and Tangible Net Worth requirements. Management is in active extension discussions and expects the facility to be extended. FY2026 Outlook Reaffirmed: $72.1 million revenue, ~$18.7 million gross profit, 26% gross margin, and approximately $3.8 million of EBITDA, with a positive EBITDA run-rate expected beginning in Q2. Access to Full Materials The complete FAQ is available in the Investor Relations section of the Company’s website at https://capstoneholdingcorp.com/capstone-faq-may-2026/. The Company’s most recent Form 8-K filed with the Securities and Exchange Commission is available at sec.gov. About Capstone Holding Corp. Capstone Holding Corp. (NASDAQ: CAPS) is a national, technology-enabled building products distribution platform optimizing supply chains across 38 U.S. states and Canada. Through its Instone operating platform and inventory portal, the Company aggregates and delivers proprietary stone veneer, hardscape materials, and modular masonry systems. Capstone’s model combines digital infrastructure, owned-inventory logistics, and disciplined acquisitions to drive scalable margin expansion and operating leverage across its growing platform. Forward-Looking Statements This press release contains forward-looking statements as defined by the Private Securities Litigation Reform Act of 1995. These statements relate to future events and performance, including guidance regarding revenue and EBITDA targets, M&A strategy, use of capital, and operating outlook. Actual results may differ materially from those projected due to a range of factors, including but not limited to acquisition timing, macroeconomic conditions, and execution risks. Please review the Company’s filings with the SEC for a full discussion of risk factors. Capstone undertakes no obligation to revise forward-looking statements except as required by law. View source version on businesswire.com: https://www.businesswire.com/news/home/20260506252524/en/ Investor Contact
Investor Relations
Capstone Holding Corp.
investors@capstoneholdingcorp.com
www.capstoneholdingcorp.com Original: Capstone Publishes Investor FAQ Detailing 72% Reduction in Convertible Principal and Reaffirming FY2026 Guidance

Capstone Announces Investor FAQ Focused on 2026 Guidance and EarningsApril 21, 2026 7:30 AM
Business Wire
Company invites shareholder submissions; FAQ to expand on growth trajectory, margin profile, and path to profitability


Capstone Holding Corp. (NASDAQ: CAPS), a tech-enabled building products distribution platform, 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.


Ahead of publication, Capstone is inviting shareholders to submit questions by emailing investors@capstoneholdingcorp.com. Submissions will be reviewed by the Company’s leadership team, with a selection of responses included in the published FAQ.


“We’ve seen strong engagement from shareholders following our recent earnings update,” said Matthew Lipman, Chief Executive Officer of Capstone. “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.”


In advance of the investor FAQ, shareholders are encouraged to review the Company’s Earnings Power presentation, available on Capstone’s website.


About Capstone Holding Corp.


Capstone Holding Corp. (NASDAQ: CAPS) is a national, technology-enabled building products distribution platform optimizing supply chains across 38 U.S. states and Canada. Through its Instone operating platform and inventory portal, the Company aggregates and delivers proprietary stone veneer, hardscape materials, and modular masonry systems. Capstone’s model combines digital infrastructure, owned-inventory logistics, and disciplined acquisitions to drive scalable margin expansion and operating leverage across its growing platform.


Forward-Looking Statements


This press release contains forward-looking statements as defined by the Private Securities Litigation Reform Act of 1995. These statements relate to future events and performance, including guidance regarding revenue and EBITDA targets, M&A strategy, use of capital, and operating outlook. Actual results may differ materially from those projected due to a range of factors, including but not limited to acquisition timing, macroeconomic conditions, and execution risks. Please review the Company’s filings with the SEC for a full discussion of risk factors. Capstone undertakes no obligation to revise forward-looking statements except as required by law.

View source version on businesswire.com: https://www.businesswire.com/news/home/20260421275903/en/
Investor Contact

Investor Relations

Capstone Holding Corp.

investors@capstoneholdingcorp.com

www.capstoneholdingcorp.com


Original: Capstone Announces Investor FAQ Focused on 2026 Guidance and Earnings

Capstone Reports $46.9M Revenue and Targets Profitability in 2026April 16, 2026 11:09 AM
IH Market News
Capstone Holding Corp. (NASDAQ:CAPS) reported fiscal 2025 revenue of $46.9 million, with gross margin improving to 23.0% from 21.3% a year earlier, according to a company statement. Despite the growth, the stock trades at $0.59, down 73% over the past year, leaving the company with a market capitalization of about $5.35 million.Looking ahead, the building products distributor issued guidance for fiscal 2026, forecasting revenue of $72.1 million, a 54% increase, and EBITDA of around $3.8 million, up from $0.9 million in 2025. The company expects to achieve a positive EBITDA run rate starting in the second quarter of 2026, marking a turnaround from negative EBITDA of $2.31 million over the past twelve months and earnings per share of -$1.00.Gross profit for 2025 totaled $10.8 million, rising 12.8% year-over-year. For 2026, Capstone anticipates gross profit of $18.7 million, up 73%, with gross margin projected to reach 26.0%.During 2025, Capstone completed two acquisitions—Carolina Stone in August and Canadian Stone Industries in December—adding roughly $26 million in annualized revenue. These deals expanded the company from a single subsidiary to three operating units across nine locations. However, the company continues to manage tight liquidity, with a debt-to-equity ratio of 0.92 and a current ratio of 0.95, as it integrates these businesses.Capstone now operates in 38 U.S. states and Canada and entered fiscal 2026 with pro forma revenue of approximately $68 million, reflecting full-year contributions from its acquisitions.“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.”The company identified about $480,000 in annual cost savings from consolidating facilities and also secured a distribution partnership for Eldorado Stone through Westlake Royal Building Products.Management said its revenue outlook reflects a full year of contributions from acquired operations and expansion into new regions. Capstone believes it has a pathway to surpass $100 million in revenue, supported by its acquisition pipeline and distribution agreements.In other developments, the company recently obtained distribution rights for Eldorado Stone, which is expected to contribute around $5 million in annual revenue by the third quarter of 2027. It also integrated KLAD Envelope Solutions to strengthen relationships with commercial architects and designers.Capstone introduced a new natural stone firepit product at the iLandscape Show in Illinois, expanding its outdoor living offerings. Additionally, the company launched a cost reduction initiative, cutting $2 million in overhead expenses to accelerate profitability, and reached a fee waiver and deferral agreement with Brookstone Partners IAC for 2026, eliminating $400,000 in management and consulting fees.These steps highlight Capstone’s ongoing efforts to improve efficiency and strengthen its market position.Capstone Holding stock price

Original: Capstone Reports $46.9M Revenue and Targets Profitability in 2026

CAPS....................................p/m

Capstone Reports FY2025 Results and Guides to 54% Revenue Growth and 4x EBITDA Growth in 2026April 16, 2026 7:30 AM
Business Wire
FY2025 gross margin expands to 23% on $46.9M revenue; FY2026 guidance calls for $72.1M of revenue, ~$18.7M of gross profit (+73%), and a positive EBITDA run-rate starting in Q2


Capstone Holding Corp. (NASDAQ: CAPS), a tech-enabled building products distribution platform, today announced financial and operating results for the fourth quarter and full year ended December 31, 2025.


The Company closed FY2025 with ~$46.9 million in revenue and gross margin expanding to 23.0%, reflecting acquisition-driven scale and a higher-margin product mix. For FY2026, Capstone expects revenue to rise 54% to $72.1 million, gross margin to reach 26%, and EBITDA to increase more than fourfold to approximately $3.8 million, driven by operating leverage, product expansion, and geographic expansion.


Financial Summary




 






FY2025






FY2026 Guidance






YoY Growth








Revenue






$46.9M






$72.1M






+54%








Gross Margin






23.0%






26.0%






+13%








Gross Profit






$10.8M






$18.7M






+73%








EBITDA






$0.9M






$3.8M






+322%







In FY2026, Capstone expanded from a single-subsidiary distributor to a nine-location platform spanning 38 U.S. states and Canada, completing two acquisitions that added approximately $26 million in annualized revenue. With integration substantially complete, the Company enters 2026 positioned to convert platform scale into earnings growth.


“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.”


Full-Year 2025 Highlights:



Revenue Growth: FY2025 revenue of ~$46.9 million reflects partial-year contributions from Carolina Stone (August close) and Canadian Stone Industries (December close), positioning the Company at ~$68 million in pro forma revenue entering 2026.


Margin Expansion: Gross profit increased 12.8% year-over-year, with gross margin expanding 170 basis points to 23.0%, reflecting structural improvements in sourcing and product mix.


Disciplined M&A and Integration: Completed two acquisitions, expanding from one to three operating subsidiaries and from four to nine locations, establishing a North American platform spanning 38 U.S. states and Canada. Acquired businesses were integrated immediately upon close, with early synergies supporting margin expansion and operating efficiency.


Expanded Brand Portfolio: Built a portfolio of premium brands with national and regional coverage, including the recently awarded Eldorado Stone distribution from Westlake Royal Building Products, enabling cross-sell opportunities and a higher-margin product mix.



FY2026 Financial Guidance:



Revenue: $72.1 Million (+54%): 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: ~$3.8 Million (Inflection to Profitability): EBITDA is expected to reach approximately $3.8 million, 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% (+300 bps): Gross profit expected to nearly double to ~$18.7 million. 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 $100 million or more in revenue, supported by platform scale, acquisition pipeline, recently awarded distribution partnerships including Eldorado Stone, and continued operational execution.



“The new year is expected to deliver significant growth in profitability for Capstone, supported by strong organic sales and margin expansion,” Lipman added. “Coast-to-coast coverage and an expanded portfolio of premium brands are driving strong inbound demand. Early 2026 results point to an accelerated earnings trajectory for the business.”


Access to Full Materials


Following the filing of Capstone’s annual report on Form 10-K, the Company will post an investor presentation discussing its full-year results, strategic priorities, and detailed financial outlook. These materials will be available in the Investor Relations section of www.capstoneholdingcorp.com.


About Capstone Holding Corp.


Capstone Holding Corp. (NASDAQ: CAPS) is a national, technology-enabled building products distribution platform optimizing supply chains across 38 U.S. states and Canada. Through its Instone operating platform and inventory portal, the Company aggregates and delivers proprietary stone veneer, hardscape materials, and modular masonry systems. Capstone’s model combines digital infrastructure, owned-inventory logistics, and disciplined acquisitions to drive scalable margin expansion and operating leverage across its growing platform.


Forward-Looking Statements


This press release contains forward-looking statements as defined by the Private Securities Litigation Reform Act of 1995. These statements relate to future events and performance, including guidance regarding revenue and EBITDA targets, M&A strategy, use of capital, and operating outlook. Actual results may differ materially from those projected due to a range of factors, including but not limited to acquisition timing, macroeconomic conditions, and execution risks. Please review the Company’s filings with the SEC for a full discussion of risk factors. Capstone undertakes no obligation to revise forward-looking statements except as required by law.

View source version on businesswire.com: https://www.businesswire.com/news/home/20260416616990/en/
Investor Contact

Investor Relations

Capstone Holding Corp.

investors@capstoneholdingcorp.com

www.capstoneholdingcorp.com


Original: Capstone Reports FY2025 Results and Guides to 54% Revenue Growth and 4x EBITDA Growth in 2026

Capstone Awarded Eldorado Stone Distribution, Targeting $5 Million in Organic Revenue GrowthApril 6, 2026 7:30 AM
Business Wire
$5 million in organic revenue sold through existing distribution channels with no incremental investment; share-of-wallet capture from existing customers accelerates near-term revenue ramp


Capstone Holding Corp. (NASDAQ: CAPS), a tech-enabled building products distribution platform, today 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.


Capstone is already a top-three national distributor of Westlake’s Cultured Stone brand. The Eldorado award expands that relationship, adding a second premium stone veneer brand to Capstone’s portfolio and reflecting the Company’s proven ability to grow leading brands through its national distribution platform. Eldorado Stone has more than 50 years of market presence and is one of the most widely specified manufactured stone veneer brands in North America.


The addition of Eldorado expands Capstone’s addressable market and creates immediate opportunities to capture existing customer spend currently flowing to competing distributors. Many of Capstone’s current customers already purchase Eldorado products elsewhere, and the brand is frequently specified by architects and designers, driving inbound demand that opens new customer accounts without incremental sales cost.


Eldorado Stone will be sold through Capstone’s existing distribution network, increasing revenue per customer and per delivery route without requiring incremental fixed cost investment. The addition represents the latest example of the Company’s platform realizing operating leverage and margin expansion from its scaled national distribution infrastructure.


“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.”


Key Highlights:



$5 Million in Organic Revenue Growth: The Company expects the Eldorado Stone addition will contribute $5 million in annualized run-rate revenue by Q3 2027. This revenue is organic, requires no acquisition cost, and flows through Capstone’s existing distribution infrastructure at high incremental margins.



Deepening Relationship with Westlake Royal Building Products: Capstone is already a top-three national distributor of Westlake’s Cultured Stone brand. The Eldorado distribution award adds a second premium brand to the portfolio, reflecting Capstone’s established execution record and positioning the Company for additional portfolio expansion over time.



Share-of-Wallet Capture from Existing Customers: Many of Capstone’s existing customers currently purchase Eldorado products from competing distributors. The distribution award creates an immediate opportunity to redirect that spend onto Capstone’s platform, increasing revenue per account and strengthening customer relationships.



New Customer Acquisition Through Architect Specification: Eldorado Stone is widely specified by architects and designers, generating inbound demand that expands Capstone’s addressable customer base. New accounts opened through Eldorado specifications create additional cross-selling opportunities for Capstone’s full product portfolio, including Cultured Stone.



Operating Leverage and Margin Expansion: Eldorado Stone is sold through Capstone’s existing distribution channels, increasing revenue per customer and per delivery route without incremental warehouse, logistics, or headcount investment. Incremental Eldorado revenue is expected to convert to EBITDA at significantly higher margins than the Company’s blended average.



Accelerating Platform Momentum: The Eldorado Stone addition compounds accelerating growth across Capstone’s platform. The Company has recently announced multi-year homebuilder programs representing more than 300,000 square feet of annualized demand, a $2 million cost rationalization program delivering results, and a national commercial sales partnership. Management targets a positive corporate EBITDA run-rate beginning in Q2 2026, driven by the combination of Eldorado, recent homebuilder wins, and the Company’s cost rationalization program.



“Our business is at an inflection point,” Lipman added. “The scale and operating leverage we built in 2025 is now driving meaningful volume growth across the platform at higher margins. The Eldorado award, alongside our homebuilder project wins and cost discipline, strongly reinforces our confidence in Capstone’s growth and earnings trajectory in 2026 and beyond.”


Capstone expects to publish an Earnings Power Presentation following its 2025 annual report, outlining organic growth momentum and management’s vision for building a technology leader in the building products sector.


About Capstone Holding Corp.


Capstone Holding Corp. (NASDAQ: CAPS) is a national, technology-enabled building products distribution platform optimizing supply chains across 38 U.S. states and Canada. Through its Instone operating platform and inventory portal, the Company aggregates and delivers proprietary stone veneer, hardscape materials, and modular masonry systems. Capstone’s model combines digital infrastructure, owned-inventory logistics, and disciplined acquisitions to drive scalable margin expansion and operating leverage across its growing platform.


About Eldorado Stone


Eldorado Stone, a brand of Westlake Royal Building Products (a Westlake Corporation company, NYSE: WLK), has been a leader in premium manufactured stone veneer for more than 50 years. Headquartered in Oceanside, California, Eldorado Stone products are handcrafted to replicate the nuanced beauty of natural stone, delivering premium architectural surfaces for residential and commercial applications. For more information, visit westlakeroyalbuildingproducts.com/stone/eldorado-stone.


Forward-Looking Statements


This press release contains forward-looking statements as defined by the Private Securities Litigation Reform Act of 1995. These statements relate to future events and performance, including guidance regarding revenue and EBITDA targets, M&A strategy, use of capital, and operating outlook. Actual results may differ materially from those projected due to a range of factors, including but not limited to acquisition timing, macroeconomic conditions, and execution risks. Please review the Company’s filings with the SEC for a full discussion of risk factors. Capstone undertakes no obligation to revise forward-looking statements except as required by law.

View source version on businesswire.com: https://www.businesswire.com/news/home/20260406575709/en/
Investor Contact

Investor Relations

Capstone Holding Corp.

investors@capstoneholdingcorp.com

www.capstoneholdingcorp.com


Original: Capstone Awarded Eldorado Stone Distribution, Targeting $5 Million in Organic Revenue Growth

Capstone Expands Commercial Market Reach with KLAD Integration, Unlocking High-Margin, Asset-Light Revenue GrowthMarch 30, 2026 7:30 AM
Business Wire
The integration of KLAD Envelope Solutions enables direct access to commercial architects and designers, driving high-margin sales mix and proprietary product pull-through; accelerates path to Q2 EBITDA profitability


Capstone Holding Corp. (NASDAQ: CAPS), a tech-enabled building products distribution platform, today announced that the integration of KLAD Envelope Solutions, its architectural representative business, is expanding the Company’s commercial reach and supporting high-margin sales growth. The integration gives Capstone direct access to commercial customers and is expected to drive proprietary product sales into large-scale projects across multiple geographies.


“KLAD’s relationships with architects, designers, and general contractors are proving to be a valuable asset for our business,” said Matthew Lipman, Chief Executive Officer of Capstone. “Our expanded access to commercial and institutional markets is creating opportunities for higher-value, higher-margin project wins and will contribute to a strong sales year for Capstone.”


“Capstone’s support for our sales agency has been invaluable,” said Robert Jahnsen, President of KLAD Envelope Solutions. “With their resources behind us, we expect to expand across North America and engage a broader set of commercial designers and builders.”




Metric






Detail








Project Growth






Greater participation in large-scale commercial and institutional construction and renovation projects via KLAD.








Revenue Quality






Exposure to premium materials, including architectural metals, supports higher-margin revenue.








Asset Efficiency






Large-format and specialty materials are fulfilled outside Capstone’s logistics network, allowing revenue capture without incremental fixed cost investment.








Product Penetration






Upstream influence on material selection creates opportunities to specify and sell Capstone’s proprietary products into multi-market projects.








Near-Term Profitability






Positive EBITDA run-rate targeted Q2 2026; Earnings Power Presentation to be published in coming weeks.







Key Highlights:



Expanded Commercial Market Penetration: KLAD provides direct access to architects, designers, general and sub-contractors, increasing Capstone’s participation in large-scale commercial construction and renovation projects.


High-Margin Sales Mix: KLAD represents premium building envelope materials, including high-margin categories such as architectural metals, increasing Capstone’s exposure to more profitable revenue streams.


Asset-Light Revenue Growth: Many KLAD-represented products bypass traditional warehousing and logistics, enabling revenue growth without incremental warehouse investment or added strain on Capstone’s core infrastructure.


Proprietary Product Pull-Through: Early involvement at the specification stage enables Capstone to influence material selection and increase sales of its proprietary products.


Platform-Wide Sales Momentum: Capstone recently announced new customer and project wins representing more than 300,000 square feet of annualized demand, adding project-backed, cash-generative volume to the Company’s platform.



“Sales momentum continues to build, supported by project wins, new customers, and expansion into new segments of the market. We expect 2026 to be a strong year for both revenue growth and earnings performance,” Lipman shared.


Capstone expects to publish an Earnings Power Presentation in the coming weeks, outlining its organic growth momentum and management’s vision for building a technology leader in the building products sector.


About Capstone Holding Corp.


Capstone Holding Corp. (NASDAQ: CAPS) is a national, technology-enabled building products distribution platform optimizing supply chains across 38 U.S. states and Canada. Through its Instone operating platform and inventory portal, the Company aggregates and delivers proprietary stone veneer, hardscape materials, and modular masonry systems. Capstone’s model combines digital infrastructure, owned-inventory logistics, and disciplined acquisitions to drive scalable margin expansion and operating leverage across its growing platform.


About KLAD Envelope Solutions


KLAD Envelope Solutions is a Canadian based manufacturer’s representative agency that specializes in technical and architectural products for the building envelope. KLAD partners with industry leading manufactures in providing technically advanced materials to ensure your projects will perform to the highest standards while being cost effective.


Forward-Looking Statements


This press release contains forward-looking statements as defined by the Private Securities Litigation Reform Act of 1995. These statements relate to future events and performance, including guidance regarding revenue and EBITDA targets, M&A strategy, use of capital, and operating outlook. Actual results may differ materially from those projected due to a range of factors, including but not limited to acquisition timing, macroeconomic conditions, and execution risks. Please review the Company’s filings with the SEC for a full discussion of risk factors. Capstone undertakes no obligation to revise forward-looking statements except as required by law.

View source version on businesswire.com: https://www.businesswire.com/news/home/20260330004617/en/
Investor Contact

Investor Relations

Capstone Holding Corp.

investors@capstoneholdingcorp.com

www.capstoneholdingcorp.com

Capstone Holding Corp: Overview | LinkedIn


Original: Capstone Expands Commercial Market Reach with KLAD Integration, Unlocking High-Margin, Asset-Light Revenue Growth

Capstone Unveils New Firepit Product as It Aims for Q2 ProfitabilityMarch 10, 2026 10:32 AM
IH Market News
Capstone Holding Corp. (NASDAQ:CAPS) has introduced a new natural stone firepit product at the iLandscape Show in Illinois, according to a company press release.The new Aura natural stone firepit was officially launched at the trade event and is also scheduled to be showcased at the Northeast Hardscape Expo. The product expands Capstone’s outdoor living portfolio, which already includes garden path steppers.Capstone’s shares have risen about 8.1% over the past week, although the stock remains down nearly 80% over the past year. The building products distributor currently has a market capitalization of roughly $5.73 million and generated $44.72 million in revenue over the past twelve months.The company also announced new project wins that together represent more than 300,000 square feet of annualized demand. Management said these contracts are expected to contribute additional revenue and EBITDA.The company is pursuing a path toward profitability after reporting negative EBITDA of $2.31 million in recent quarters. According to InvestingPro analysis, the stock may be undervalued at current levels, though the platform also notes that Capstone carries significant debt and is rapidly consuming cash—two of 13 additional ProTips available to subscribers.“The reception to this launch reinforces what we’re seeing across our business: contractors are responding to an active project cycle, and that’s translating into strong demand and order volume for Capstone,” said Kevin Grotke, President of Instone.Capstone operates a building products distribution network across 38 U.S. states and Canada, supplying stone veneer, hardscape materials and modular masonry systems through its Instone platform.The company is targeting a positive EBITDA run-rate by the second quarter of 2026 and plans to release an Earnings Power Presentation in the coming weeks.Chief Executive Officer Matthew Lipman said the company has secured customer wins during 2026 that are expected to drive scalable EBITDA growth. Management also highlighted ongoing repeat purchasing activity and steady order volumes across its distributor network for retail-ready products.



Recent developments



In other recent developments, Capstone Holding Corp. has set a goal of reaching $100 million in revenue by 2026, targeting a 10% EBITDA margin through a combination of organic growth and acquisitions. The company has already added approximately $26 million in revenue through recent acquisitions, marking progress toward that objective.Capstone also extended its revolving credit facility with Berkshire Bank through June 2026, providing additional liquidity without added costs. The company said the extension supports its growth strategy while enabling exploration of more consolidated financing structures.Additionally, Capstone has launched a cost rationalization initiative aimed at reducing overhead expenses by $2 million, which is expected to result in approximately $1.7 million in cash operating cost savings during fiscal 2026.In another development, Capstone’s Nominating and Corporate Governance Committee approved payments to Nectarine Management LLC following the acquisition of Fraser Canyon Holdings Inc. Meanwhile, TotalStone, LLC, one of Capstone’s operating companies, entered into a fee waiver and deferral agreement with Brookstone Partners IAC, waiving $400,000 in management and consulting fees for 2026.The company said these measures are part of broader efforts to strengthen its financial position and move toward sustained profitability.Capstone Holding stock price

Original: Capstone Unveils New Firepit Product as It Aims for Q2 Profitability

Capstone Expands Retail Portfolio as Order Volume Accelerates; Contractor Demand Drives Repeat Revenue and EBITDA GrowthMarch 10, 2026 7:30 AM
Business Wire
New outdoor living product debuts to strong contractor demand at industry trade shows; recent project wins add immediate cash-generative revenue to the platform


Capstone Holding Corp. (NASDAQ: CAPS), a tech-enabled building products distribution platform, today announced the successful launch of a new natural stone firepit product at the iLandscape Show in Illinois. The product will next be showcased at the Northeast Hardscape Expo, following strong contractor demand at its debut. The launch builds on Capstone’s recent revenue- and EBITDA-driving project and customer wins by expanding the Company’s portfolio of retail-ready SKUs that generate strong repeat order volume.


“The reception to this launch reinforces what we’re seeing across our business: contractors are responding to an active project cycle, and that’s translating into strong demand and order volume for Capstone,” said Kevin Grotke, President of Instone.


“So far in 2026, we’ve converted a series of customer wins that add immediate, scalable EBITDA growth. Now, we’re seeing strong near-term demand for our portfolio of retail products,” added Matthew Lipman, Chief Executive Officer of Capstone. “These signals reinforce our confidence in the growth and earnings trajectory of the business.”




Metric






Detail








Product Launch






Aura natural stone firepit debuted to strong contractor demand at iLandscape Show; next featured at Northeast Hardscape Expo








Order Volume






Repeat purchasing and strong order volume across distributor network








Recent Project Wins






300,000+ sq ft annualized demand — immediately revenue- and EBITDA-accretive








Outdoor Living Growth






Capstone has expanding retail-ready SKU portfolio in one of the fastest-growing segments of home construction








Demand Cycle






Multi-year demand cycle emerging, as deferred project activity converts into accelerating order volume for Capstone








Path to Profitability






Positive EBITDA run-rate targeted Q2 2026; Earnings Power Presentation expected in coming weeks







Key Highlights:



Expanded SKU Portfolio: New product adds to Capstone’s growing lineup of retail-ready SKUs with a proven ability to generate strong order volume and repeat purchasing across its distributor network.



Platform-Wide Sales Momentum: Capstone recently announced new customer and project wins that add substantial project-backed, cash-generative volume to the Company’s platform.



Outdoor Living Category Growth: Capstone’s expanding portfolio of retail-ready outdoor living SKUs strengthens the Company’s leadership in one of the fastest-growing segments of home construction and remodeling.



Multi-Year Demand Cycle Emerging: Deferred project activity is beginning to convert into a multi-year demand cycle across the building products sector, creating a favorable growth environment for Capstone.



The Aura natural stone firepit is the latest addition to Capstone’s portfolio of SKUs designed to drive retail sell-through across its distributor network. Together with the garden path steppers introduced last year, the products expand Capstone’s presence in the outdoor living category, one of the fastest-growing segments of home construction and remodeling.


“We continue to see strong growth in this customer segment, which we’re meeting with new best-in-class products. The immediate feedback from customers and suppliers at iLandscape is that the demand outlook for 2026 is turning very positive,” Grotke continued.


Capstone expects to publish an Earnings Power Presentation in the coming weeks, outlining its organic growth momentum and management’s vision for building a full-stack AI leader in the building products sector.


About Capstone Holding Corp.


Capstone Holding Corp. (NASDAQ: CAPS) is a national, technology-enabled building products distribution platform optimizing supply chains across 38 U.S. states and Canada. Through its Instone operating platform and inventory portal, the Company aggregates and delivers proprietary stone veneer, hardscape materials, and modular masonry systems. Capstone’s model combines digital infrastructure, owned-inventory logistics, and disciplined acquisitions to drive scalable margin expansion and operating leverage across its growing platform.


Forward-Looking Statements


This press release contains forward-looking statements as defined by the Private Securities Litigation Reform Act of 1995. These statements relate to future events and performance, including guidance regarding revenue and EBITDA targets, M&A strategy, use of capital, and operating outlook. Actual results may differ materially from those projected due to a range of factors, including but not limited to acquisition timing, macroeconomic conditions, and execution risks. Please review the Company’s filings with the SEC for a full discussion of risk factors. Capstone undertakes no obligation to revise forward-looking statements except as required by law.

View source version on businesswire.com: https://www.businesswire.com/news/home/20260310757052/en/
Investor Contact

Investor Relations

Capstone Holding Corp.

investors@capstoneholdingcorp.com

www.capstoneholdingcorp.com


Original: Capstone Expands Retail Portfolio as Order Volume Accelerates; Contractor Demand Drives Repeat Revenue and EBITDA Growth

Capstone Secures New Homebuilder Projects Adding Immediate Revenue and EBITDA GrowthMarch 3, 2026 7:30 AM
ACCESS NewswireMulti-year programs representing 300,000 square feet of annualized demand will add cash-generative volume to the Company's platform.NEW YORK CITY, NEW YORK / ACCESS Newswire / March 3, 2026 / Capstone Holding Corp. (NASDAQ:CAPS), a tech-enabled building products distribution platform, today announced multiple new project and customer wins with national and regional homebuilders, driving immediate revenue and EBITDA growth and advancing the Company's path to profitability.The newly awarded engagements span single-family and multifamily residential developments across the U.S. and Canada and represent more than 300,000 square feet of annualized project demand. Multiple programs are in production, with others scheduled to commence over the coming weeks. These wins add project volume that is cash-generative and scalable, reinforcing Capstone's organic growth momentum."These projects reflect the strong traction we're seeing in Capstone's brand portfolio and demonstrating our ability to rapidly integrate new acquisitions," said Matthew Lipman, Chief Executive Officer of Capstone. "Because of the steps we've taken to become more asset-efficient, we expect this revenue growth to flow more directly to the bottom line, accelerating our transition to positive EBITDA and free cash flow."Key Highlights:Immediate Revenue Growth: New customer and project wins representing more than 300,000 square feet of annualized demand add project-backed, cash-generative volume to Capstone's platform.EBITDA Expansion: New projects are delivering immediate EBITDA contribution to Capstone's platform and accelerating the Company's transition to a positive EBITDA run-rate beginning in Q2.Scale Drives Operating Leverage: Capstone is capturing growth across its North American platform-from Canada to the Southeastern United States-leveraging national distribution capabilities that position the Company as a category leader in a highly fragmented industry.Multi-Year Demand Cycle Ahead: Independent industry data from Zonda points to a multi-year remodeling and exterior project demand cycle, providing a favorable backdrop for further volume and EBITDA growth.AI-Native Efficiency Gains: The successful execution of these projects underscores Capstone's ability to drive operating efficiencies across its supply chain and portfolio companies, reinforcing the earnings leverage of its AI-native operating model.Project wins include multi-year programs with Lennar, Jayman Homes in Alberta, and Marrano Homes in Buffalo, New York, as well as a large multifamily development in Madison, Wisconsin and a new customer relationship with Adams Homes across the Southeastern United States. Several large shipments are underway and additional revenue is expected as projects ramp."We've long believed that construction and remodeling demand was deferred, and that new project activity would begin to accelerate through the second half of 2026 and into 2027," Lipman added. "By using that fallow period to build scale and operating leverage, we're now capturing project volume at a disproportionate rate and seeing it convert at stronger EBITDA margins than at any point in the Company's history."Capstone expects to publish an Earnings Power Presentation in the first quarter of 2026, providing more detail on its organic growth momentum and management's vision for building a full-stack AI leader in the building products sector.About Capstone Holding Corp.Capstone Holding Corp. (NASDAQ:CAPS) is a national, technology-enabled building products distribution platform optimizing supply chains across 38 U.S. states and Canada. Through its Instone operating platform and inventory portal, the Company aggregates and delivers proprietary stone veneer, hardscape materials, and modular masonry systems. Capstone's model combines digital infrastructure, owned-inventory logistics, and disciplined acquisitions to drive scalable margin expansion and operating leverage across its growing platform.Investor ContactInvestor Relations
Capstone Holding Corp.
investors@capstoneholdingcorp.com
www.capstoneholdingcorp.comForward-Looking StatementsThis press release contains forward-looking statements as defined by the Private Securities Litigation Reform Act of 1995. These statements relate to future events and performance, including guidance regarding revenue and EBITDA targets, M&A strategy, use of capital, and operating outlook. Actual results may differ materially from those projected due to a range of factors, including but not limited to acquisition timing, macroeconomic conditions, and execution risks. Please review the Company's filings with the SEC for a full discussion of risk factors. Capstone undertakes no obligation to revise forward-looking statements except as required by law.SOURCE: Capstone Holding Corp.View the original press release on ACCESS NewswireOriginal: Capstone Secures New Homebuilder Projects Adding Immediate Revenue and EBITDA Growth

Capstone Positioned to Lead Multi-Year Remodeling Cycle as Demand ImprovesFebruary 17, 2026 7:30 AM
ACCESS NewswireStrong market and industry tailwinds are forming around Capstone as the Company targets margin expansion and a positive EBITDA run-rate beginning in Q2 2026.NEW YORK CITY, NEW YORK / ACCESS Newswire / February 17, 2026 / Capstone Holding Corp. (NASDAQ:CAPS), a tech-enabled building products distribution platform, highlighted new industry research from Zonda showing that deferred home-remodeling activity is accumulating into a multi-year demand cycle. Zonda forecasts 3.6% market growth in 2026, accelerating to 8.1% in 2027.This demand outlook aligns with Capstone's platform capabilities and is expected to drive margin expansion and operating leverage. The Company remains on track to reach a positive EBITDA run-rate beginning in the second quarter."We're emerging from a prolonged period of deferred construction and remodeling activity. While our peers pulled back, we invested-building a tech-enabled platform with significant scale and supply chain advantages," said Matthew Lipman, Chief Executive Officer of Capstone. "As we enter a new demand cycle, there is no company better positioned than Capstone to lead the market. We are very confident in the project-driven growth we expect to capture in the periods ahead."Key Highlights:Improving Spend and Project Activity: Capstone enters the second half of 2026 with favorable year-over-year comparisons, improving premium customer spend, and projected growth across outdoor and exterior project categories.Demand Cycle With Historical Precedent: The current deferral cycle closely mirrors conditions seen in the early 1980s, which preceded the largest expansions in U.S. mobility, remodeling, and DIY spending in history.Growth Accretive to Margins: Capstone enters this demand cycle with established scale, technology, and supply chain advantages. As volumes recover, incremental growth is expected to be directly accretive to margins, reinforcing the Company's profitability trajectory.AI-Native Operating Efficiencies: Capstone is actively transitioning toward an AI-native operating model, with initiatives expected to deliver measurable efficiency gains and profitability uplift across its distribution portfolio.Multiple Tailwinds Converging: Improving economic visibility, a constructive outlook for small-cap equities, and an emerging industry demand cycle are combining to create the strongest forward tailwind environment the Company has seen in years.Zonda's industry research represents the latest data point supporting Capstone's forward-looking outlook, alongside a set of broader structural tailwinds. These include expectations for accelerating small-cap earnings growth in 2026. Bank of America strategist Jill Carey Hall has forecast 17% earnings growth for small-cap companies, compared with 14% for large-cap peers."It's an important moment for our business," Lipman added. "We entered 2026 focused on converting the scale we've built into margin expansion and profitable growth, and we are executing that transition with speed and discipline as market conditions improve."Capstone expects to publish an Earnings Power Presentation in the first quarter of 2026, outlining the impact of these initiatives and management's vision for building a full-stack AI leader in the building products sector.About Capstone Holding Corp.Capstone Holding Corp. (NASDAQ: CAPS) is a national, technology-enabled building products distribution platform optimizing supply chains across 38 U.S. states and Canada. Through its Instone operating platform and inventory portal, the Company aggregates and delivers proprietary stone veneer, hardscape materials, and modular masonry systems. Capstone's model combines digital infrastructure, owned-inventory logistics, and disciplined acquisitions to drive scalable margin expansion and operating leverage across its growing platform.Investor Contact
Investor Relations
Capstone Holding Corp.
investors@capstoneholdingcorp.com
www.capstoneholdingcorp.comForward-Looking StatementsThis press release contains forward-looking statements as defined by the Private Securities Litigation Reform Act of 1995. These statements relate to future events and performance, including guidance regarding revenue and EBITDA targets, M&A strategy, use of capital, and operating outlook. Actual results may differ materially from those projected due to a range of factors, including but not limited to acquisition timing, macroeconomic conditions, and execution risks. Please review the Company's filings with the SEC for a full discussion of risk factors. Capstone undertakes no obligation to revise forward-looking statements except as required by law.SOURCE: Capstone Holding Corp.View the original press release on ACCESS NewswireOriginal: Capstone Positioned to Lead Multi-Year Remodeling Cycle as Demand Improves

Capstone Transitions Away from Legacy Software and Targets "Full Stack AI" Transformation in 2026February 5, 2026 7:30 AM
ACCESS NewswireManagement questions the value of Salesforce, Sage, Atlassian, Asana, Workday, and Adobe.NEW YORK CITY, NEW YORK / ACCESS Newswire / February 5, 2026 / Capstone Holding Corp. (NASDAQ:CAPS), a tech-enabled building products distribution platform, today announced that as it accelerates its transformation to a "full stack AI" company over the course of 2026, it expects to rely less heavily on legacy software vendors such as Salesforce, Sage, Atlassian, Asana, Workday, and Adobe.Matthew Lipman, Chief Executive Officer of Capstone, said, "As we architect the transformation, what would have been multiple million-dollar IT projects that take 18 months and are a complete distraction for the team will be done rapidly, with minimal disruption and at a small fraction of the cost."He went on to say, "Our AI software will be constantly improving itself. AI will allow Capstone and other middle-market companies to implement capabilities that were unreachable. These tools are democratizing technology."Capstone believes it can go "full stack AI" or "AI native" faster than other larger building products distributors. Kevin Grotke, President of Instone, a Capstone operating subsidiary, commented, "Brad Jacobs' efforts to transform building materials distribution at QXO reflect our own vision for the industry. But our nimble structure positions us to adopt and scale these capabilities faster than most."About Capstone Holding Corp.Capstone Holding Corp. (NASDAQ:CAPS) is a national, technology-enabled building products distribution platform optimizing supply chains across 38 U.S. states and Canada. Through its Instone operating platform and inventory portal, the Company aggregates and delivers proprietary stone veneer, hardscape materials, and modular masonry systems. Capstone's model combines digital infrastructure, owned-inventory logistics, and disciplined acquisitions to drive scalable margin expansion and operating leverage across its growing platform.Investor ContactInvestor Relations
Capstone Holding Corp.
investors@capstoneholdingcorp.com
www.capstoneholdingcorp.comForward-Looking StatementsThis press release contains forward-looking statements as defined by the Private Securities Litigation Reform Act of 1995. These statements relate to future events and performance, including guidance regarding revenue and EBITDA targets, M&A strategy, use of capital, and operating outlook. Actual results may differ materially from those projected due to a range of factors, including but not limited to acquisition timing, macroeconomic conditions, and execution risks. Please review the Company's filings with the SEC for a full discussion of risk factors. Capstone undertakes no obligation to revise forward-looking statements except as required by law.SOURCE: Capstone Holding Corp.View the original press release on ACCESS NewswireOriginal: Capstone Transitions Away from Legacy Software and Targets "Full Stack AI" Transformation in 2026

Capstone Positioned to Benefit as Small-Cap Stocks Lead Early 2026 MarketsFebruary 3, 2026 7:30 AM
ACCESS NewswireInvestor flows rotate toward small companies with improving earnings; Capstone advances toward EBITDA profitability and scale monetizationNEW YORK CITY, NEW YORK / ACCESS Newswire / February 3, 2026 / Capstone Holding Corp. (NASDAQ:CAPS), a tech-enabled building products distribution platform, today highlighted early-2026 market conditions that reinforce Capstone's execution strategy and support continued progress toward sustainable earnings growth.[1]In January, the Russell 2000 outperformed the S&P 500 for 14 consecutive trading sessions, affirming analyst expectations of small-cap leadership in 2026. Investor flows are rotating toward small companies with improving margins, putting Capstone in a position of strength as it transitions from platform expansion to monetizing scale."We expect Capstone's profitability trajectory to become easier for the market to assess as the year progresses," said Matthew Lipman, Chief Executive Officer of Capstone. "Renewed investor interest in small caps is constructive for our strategy. Management is focused on execution, and we believe sustained financial performance will support a re-rating over time."Key Highlights:Small-Cap Stocks Outperform: Analysts expect a profit rebound in small-cap stocks, supported by interest rate cuts and improved policy certainty. Investor flows are expected to rotate from overvalued large-cap stocks to small caps in the new year, supporting continued outperformance of the Russell 2000.Market Tailwinds Lift Capstone: Capstone is at the nexus of a new demand cycle in building products, a more supportive rate and policy environment, and growing investor interest in small-cap stocks.Profitable Growth Outlook: Through operating leverage, organic growth, and a strategic focus on high-margin products and services, Capstone is making steady progress toward 10% EBITDA margins and durable, profitable growth.Aligned, Value-Focused Ownership: High insider ownership aligns leadership with shareholders. Leadership is deeply focused on disciplined capital allocation, earnings growth, and compounding long-term per-share value creation.Proven Execution in Every Environment: In 2025, Capstone scaled to $70 million in pro forma revenue and delivered year-over-year gross margin improvement, amid rate and tariff uncertainty. These results demonstrate management's ability to execute across market cycles.A challenging inflation and interest-rate environment pressured small-cap earnings in recent years, but conditions began to improve in the second half of 2025. Profit growth is expected across small-cap stocks in 2026, with Bank of America's Jill Carey Hall predicting 17% earnings growth for small firms, compared with 14% for large caps.[2]Capstone's profit trajectory is further supported by a forecasted demand cycle in building products. Zonda industry research projects 5.8% repair-and-remodeling growth in 2026 and 8.9% in 2027, led by large exterior projects - Capstone's specialty. Together, these macro and industry tailwinds reinforce the Company's focus on converting scale into profitable growth."Capstone is on track to establish a positive corporate EBITDA run-rate beginning in the second quarter of 2026, independent of revenue growth," Lipman added. "Against that backdrop, we see a clear set of tailwinds forming across our industry and public markets. We will continue to advance our strategy-focused on asset efficiency and margin expansion-with discipline and confidence."Financial Guidance & Strategic Outlook
The material impact of Capstone's recent cost reductions will begin to show in the first quarter and become clear in the quarter ending June 30, 2026.In Q1 2026, the Company expects to release an earnings power presentation outlining a range of EBITDA expectations under various macroeconomic assumptions.About Capstone Holding Corp.
Capstone Holding Corp. (NASDAQ:CAPS) is a national, technology-enabled building products distribution platform optimizing supply chains across 38 U.S. states and Canada. Through its Instone operating platform and inventory portal, the Company aggregates and delivers proprietary stone veneer, hardscape materials, and modular masonry systems. Capstone's model combines digital infrastructure, owned-inventory logistics, and disciplined acquisitions to drive scalable margin expansion and operating leverage across its growing platform.Investor Contact
Investor Relations
Capstone Holding Corp.
investors@capstoneholdingcorp.com
www.capstoneholdingcorp.comForward-Looking Statements
This press release contains forward-looking statements as defined by the Private Securities Litigation Reform Act of 1995. These statements relate to future events and performance, including guidance regarding revenue and EBITDA targets, M&A strategy, use of capital, and operating outlook. Actual results may differ materially from those projected due to a range of factors, including but not limited to acquisition timing, macroeconomic conditions, and execution risks. Please review the Company's filings with the SEC for a full discussion of risk factors. Capstone undertakes no obligation to revise forward-looking statements except as required by law.[1]https://www.wsj.com/livecoverage/stock-market-today-dow-sp-500-nasdaq-01-23-2026/card/small-caps-are-poised-to-break-their-winning-streak-roZWAgY8cjQXLubCXPw9?gaa_at=eafs&gaa_n=AWEtsqck4xKtK5SKldqNBjbOAdF9choKn6a1XKuxiK6od0-DkNgPi__Ij_zf1LqidNY%3D&gaa_ts=697b80c4&gaa_sig=YAFVimpkiTs_vMZ5Tc49aCoMiKm1DT_N2lCLaKcC12UaD_SKhZM8jhPHUgDUCAp7bUNejMAfrQzQjaByomON8g%3D%3D[2]https://www.bloomberg.com/news/articles/2025-12-15/riskier-small-caps-seen-outperforming-in-2026-on-growth-outlookSOURCE: Capstone Holding Corp.View the original press release on ACCESS NewswireOriginal: Capstone Positioned to Benefit as Small-Cap Stocks Lead Early 2026 Markets

Stopped at .93 will revisit 

Stopped at .93 will revisit 

Caps took some .91s

CAPS...................................................a/h

CAPS...........................https://stockcharts.com/h-sc/ui?s=CAPS&p=W&b=5&g=0&id=p86431144783

4m buys/3m sells ,should have went up if not for the dark pool 3m criminals,black rock mm thieves

The 52 week low is .96 and $1.00 mental support,chart broke now,macd 5 day crossed to bearish,not looking good with ppl selling who bought today,and no one to replace them

1.31 bid Order filled for gap fill ,ticker started in March, look at Glenn’s chart in feed below.
no past dumping on news is comforting

It’s death hour now (10:30-11:30) so depending on how it does during it ,I will be watching for demand starting around 11:15 to buy more,if volume surges are going to come and run it higher

In 1.3998,zero borrow today with volume,future has hope with recent acquisition and expansion plans,currently 43m sales,(-5m profit) 70% insiders,2m float,5.4m o/s,61Xs relative vol today is most promising

caps......................................................https://stockcharts.com/h-sc/ui?s=CAPS&p=W&b=5&g=0&id=p86431144783

CAPS...........................................https://stockcharts.com/h-sc/ui?s=CAPS&p=W&b=5&g=0&id=p86431144783

☝️🥳☝️

Exit time $1.70s a diluter polluter 

Pump time $1.44 it's a stoner

$CAPS - #DDAmanda Chart:

#DDAmanda finds these before they run.





Z

Warrants at $1.72 don't be a stoner and stay in long 

$1.90s + 70% good pump and dump flip. Cash out time $$$

Capital letters $1.60s + 50%

CAPS reports 5/19 according to Seeking Alpha

CAPS...$2.67...🥳

georgie18

Member Level
Re: georgie18 post# 393392

Friday, May 16, 2025 10:40:49 AM

Post#
393403
of 393424
CAPS...$2.57...🥳...Bouncing here...off the $2.15 range bottom...

georgie18

Member Level
Re: tw0122 post# 226

Friday, May 16, 2025 8:59:30 AM

Post#
228
of 229
CAPS...$3.19...🥳

CAPS...$2.57...🥳...Bouncing here...off the $2.15 range bottom...

georgie18

Member Level
Re: tw0122 post# 226

Friday, May 16, 2025 8:59:30 AM

Post#
228
of 229
CAPS...$3.19...🥳

We missed your spontaneity , hope you are doing good. it has been a long time, anyway welcome back my friend

CAPS...$3.19...🥳

CAPS..................................................................p/m

Caps loose champagne time 

CAPS....................https://stockcharts.com/h-sc/ui?s=CAPS&p=W&b=5&g=0&id=p86431144783

CAPS..........................https://stockcharts.com/h-sc/ui?s=CAPS&p=W&b=5&g=0&id=p86431144783

Peptides rising again $3.30+ 66% 

$CAPS: Out at $3.40......................

Will give her another go........... maybe a rinser repeater here for the day.


WOoooooooooooooooooooooooooooo


GO $CAPS

$CAPS: YEsssssssssssssssssssssssssssssssssssssssss

What timing :)


GO $CAPS

$CAPS: Added 6k here at $3

With a tight stop.............. just let her go for today please


GO $CAPS