Capstone Holding Corp. reports news on its tech-enabled building products distribution platform, including operating results, fiscal outlooks, customer wins and platform integration work. The company distributes and fabricates natural and manufactured stone, proprietary stone veneer, hardscape materials and modular masonry systems through operating businesses that include TotalStone, Instone, Carolina Stone and Canadian Stone.
Recurring updates also cover acquisition integration, distribution partnerships, warehouse and supply-chain consolidation, commercial market expansion through KLAD Envelope Solutions, retail product launches, margin initiatives and capital-structure items such as convertible debt and working-capital facilities.
Capstone Holding (CAPS) announced that its Carolina Stone subsidiary plans to begin offering siding products and installation in January 2027.
The expansion, requested by customers, will include all types of siding and extend the business beyond stone veneer to projects that may not use traditional masonry. Capstone sees additional revenue opportunities across new and existing customers, using existing installation capabilities and infrastructure without a proportionate increase in costs.
Since its acquisition in August 2025, Carolina Stone has expanded relationships with national homebuilders and entered the Wilmington-Myrtle Beach corridor. Capstone expects growth at Carolina Stone in 2027.
Capstone (NASDAQ: CAPS) reported preliminary organic revenue growth of 7.6% year over year for July and August 2026 across three operating businesses.
Organic revenue reached approximately $14.0 million, while organic gross profit rose 6.5% to $3.5 million. Through August 31, organic revenue increased 4.6% to approximately $48.1 million and organic gross profit grew 6.5% to $12.5 million. These non-GAAP measures include Instone, Carolina Stone and Canadian Stone Industries as if owned throughout both comparison periods.
Capstone plans to turn its Pacific Northwest warehouse into a full-scale distribution operation, expand Carolina Stone into siding and broaden its product offering across its network. The figures are unaudited and subject to change; they exclude September. Pre-acquisition comparisons use sellers’ records that its independent accounting firm has not audited or reviewed.
Capstone (CAPS) retired approximately 85% of its original convertible-note principal through conversions, leaving one note outstanding.
The two notes originally totaled $6.82 million in principal. The note issued in July 2025 is fully retired. The October 2025 note remains outstanding with $1 million in principal, down from $1.90 million at June 30, 2026. Capstone aims to eliminate the remaining convertible debt.
Second-quarter revenue rose 67% year over year to $21.5 million. Gross profit increased 92% to $6.0 million, and gross margin expanded 357 basis points to 27.9%.
Capstone Holding (CAPS) reported approximately 7% year-over-year organic distribution revenue growth in Q2 2026, despite a contracting building-products market.
Over the same period, new-construction building-products spending is estimated to have declined 8.5%, and Zonda data shows sector spending fell across the first half of 2026 amid high mortgage rates and inflation. Capstone maintained organic revenue in Q1 and then accelerated growth in Q2, which the company views as evidence of consistent outperformance. Management highlights a capital-efficient model that adds products and installation revenue across the existing customer base and infrastructure, limiting cost growth. For 2026, Capstone reaffirmed guidance of $72.1 million in revenue, $18.7 million in gross profit and about $3.8 million in Stone Business Adjusted EBITDA, with current order volumes indicating continued strong organic growth in the second half.
Capstone Holding (NASDAQ: CAPS) published an investor FAQ detailing its capital structure and recent progress on financing. According to the company, approximately 75% of the original convertible note principal has been retired, with about $1.72 million outstanding as of August 25, 2026, and an estimated 21.75 million shares currently outstanding.
The FAQ addresses the August conversion-price reduction, remaining note balances and maturities, potential dilution, restricted shares, the equity line, reverse stock split authorization, remediation of a material weakness, and the company’s plan to fund corporate requirements over time through operating cash flow and traditional credit. Capstone also highlights second-quarter revenue growth of 67% year over year, gross profit growth of 92%, positive Stone Business Adjusted EBITDA, and a reaffirmation of full-year guidance from its August 12, 2026 earnings release.
Capstone Holding (NASDAQ: CAPS) will publish an investor FAQ during the week of August 24, 2026, to address shareholder questions on its second quarter performance, strategic outlook and capital structure. Shareholders are invited to submit questions via email for management review.
According to the company, second quarter results included 67% year-over-year revenue growth, 92% gross profit growth, and 357 basis points of gross margin expansion to 27.9%, alongside an EBITDA inflection with positive Stone Business Adjusted EBITDA. The FAQ will complement the existing earnings presentation and related non-GAAP reconciliations on Capstone’s website.
Capstone Holding Corp. (NASDAQ: CAPS) filed a Form 8-K with the SEC detailing its second quarter 2026 results and investor materials. Revenue for the quarter rose 67% year over year to $21.5 million, while gross profit increased 92% to $6.0 million.
Gross margin expanded 357 basis points to 27.9%. Stone Business Adjusted EBITDA reached $2.0 million, a 9.4% margin and a $2.9 million improvement from the first quarter, in line with prior guidance for positive Adjusted EBITDA. Capstone reaffirmed its FY2026 guidance of $72.1 million revenue, $18.7 million gross profit, and approximately $3.8 million Stone Business Adjusted EBITDA. Q2 2026 investor materials are available on the company’s Investor Relations website.
Capstone Holding (NASDAQ: CAPS) reported strong Q2 2026 growth, with revenue up 67% year over year to $21.5 million and gross profit up 92% to $6.0 million. Gross margin expanded 357 basis points to 27.9%. Stone Business Adjusted EBITDA reached $2.0 million, a 9.4% margin, up 126% year over year and $2.9 million sequentially, delivering the positive Stone Business Adjusted EBITDA the company had guided for Q2. FY2026 guidance was reaffirmed at $72.1 million of revenue, $18.7 million of gross profit, and approximately $3.8 million of Stone Business Adjusted EBITDA. Despite a larger operating scale, Capstone reported a GAAP net loss of $1.4 million versus a $0.7 million loss a year earlier, while SG&A declined versus both prior-year and sequential periods as integration synergies, new products, and an AI operating system supported efficiency and growth.
Capstone Holding (NASDAQ: CAPS) will release its financial results for the second quarter ended June 30, 2026 on Wednesday, August 12, 2026. Chief Executive Officer Matthew Lipman will review the quarter and provide a business update in recorded management commentary, accompanied by an investor presentation on the company’s investor relations website.
Capstone Holding (NASDAQ: CAPS) reported that, based on management’s assessment of available data, it believes it outperformed broader building products markets and gained market share in both the United States and Canada during the first half of 2026, despite harsh winter weather and macroeconomic turbulence.
According to Capstone, preliminary, unaudited first-half sales increased versus the prior-year period, supported by operating efficiencies and new product launches. Recent introductions, including the Willki mechanically attached stone system and Eldorado Stone, are described as expanding the Company’s addressable market and strengthening its premium offering, positioning it for second-half growth in the seasonally stronger period.