Filing Flows › Capstone Holding (CAPS) › Q2 2026
Capstone Holding (CAPS) Q2 2026 earnings results (second quarter 2026)
10-Q filed Aug 12, 2026
Capstone Holding (CAPS) reported revenue of $21.5M for the second quarter 2026 (Q2 2026), +67% from a year earlier and +70% from the quarter before. Operating margin was 2.0%, net loss $1.4M (6.4% of revenue).
Capstone Holding, Q2 2026: revenue $21.5M (+67% year over year), operating margin 2.0%, net loss $1.4M, operating cash flow −$390K. The chart follows the revenue to costs, profit and cash.
| Q2 2026 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $21.5M | +70% | +67% |
| Operating profit | $432K | — | — |
| Net earnings | −$1.4M | — | — |
| Operating cash flow | −$390K | — | — |
What changed
Revenue was $21.5M in Q2 2026, up 67% year over year and up 70% from the previous quarter.
Gross margin was 27.9%, up 3.6 points from Q2 2025. Operating profit was $432K, a 2.0% margin (up 4.0 points year over year). Operating expenses grew 64% against revenue growth of 67%. The quarter ended with a net loss of $1.4M, narrower than the previous quarter's $1.9M loss. Net interest and other expense of $1.8M was the main reason.
Operating cash flow was −$390K. Non-cash charges added back $163K of depreciation and amortization. Working capital and other items added $827K. Capital expenditures of $64K exceeded it, leaving free cash flow of −$454K.
Questions
What was Capstone Holding's revenue in the second quarter 2026?
Capstone Holding (CAPS) reported revenue of $21.5M for the second quarter 2026 (Q2 2026), +67% from a year earlier and +70% from the quarter before.
Was Capstone Holding profitable in the second quarter 2026?
Operating profit was $432K (2.0% of revenue) and net loss $1.4M.
Source: Capstone Holding 10-Q on SEC EDGAR.