Capstone reports Q1 revenue up 60% to $12.6 million, gross margin at 23.5%

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Capstone Reports Q1 2026 Results: Revenue Up 60%, Gross Profit Up 124%, Best Q1 Gross Margin in Four Years

May 20, 2026 7:35 AM EDT

Gross margin expanded 670 bps to 23.5% against one of the harshest winters in recent memory for seasonal businesses

NEW YORK--(BUSINESS WIRE)-- 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... More