Filing Flows › Capstone Holding (CAPS) › Q1 2025
Capstone Holding (CAPS) Q1 2025 earnings results (first quarter 2025)
10-Q filed May 15, 2025
Capstone Holding (CAPS) reported revenue of $7.9M for the first quarter 2025 (Q1 2025), -16% from a year earlier and -23% from the quarter before. Operating margin was -18.1%, net loss $1.7M (21.9% of revenue).
Capstone Holding, Q1 2025: revenue $7.9M (-16% year over year), operating margin -18.1%, net loss $1.7M, operating cash flow −$2.3M. The chart follows the revenue to costs, profit and cash.
| Q1 2025 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $7.9M | -23% | -16% |
| Operating profit | −$1.4M | — | — |
| Net earnings | −$1.7M | — | — |
| Operating cash flow | −$2.3M | -183% | — |
What changed
Revenue was $7.9M in Q1 2025, down 16% year over year and down 23% from the previous quarter.
Gross margin was 16.8%, down 1.9 points from a year earlier. Operating costs exceeded revenue by $1.4M, an operating margin of -18.1%. Operating expenses grew 12% against a revenue fall of 16%. The quarter ended with a net loss of $1.7M, wider than the previous quarter's $1.1M loss.
Operating cash flow was −$2.3M. Non-cash charges added back $116K of depreciation and amortization. Working capital and other items used $657K. Capital expenditures of $17K exceeded it, leaving free cash flow of −$2.3M.
Questions
What was Capstone Holding's revenue in the first quarter 2025?
Capstone Holding (CAPS) reported revenue of $7.9M for the first quarter 2025 (Q1 2025), -16% from a year earlier and -23% from the quarter before.
Was Capstone Holding profitable in the first quarter 2025?
Operating loss was $1.4M (-18.1% of revenue) and net loss $1.7M.
Source: Capstone Holding 10-Q on SEC EDGAR.