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Capstone Energy Plus (CEPL) earnings and revenue breakdown

Latest: Q1 FY27 · 10-Q filed Aug 12, 2026 · Capstone Energy Plus (CEPL) Q1 FY27 earnings results →

Q1 FY27 Revenue down 11% year over year to $24.9M · 0¢ of every $1 of revenue kept as net profit · operating margin 3.9%

Capstone Energy Plus made $24.9M in Q1 FY27 (-11% Y/Y): Product and Accessories $13.0M, Parts and Services $9.7M, Rentals $2.2M. Operating margin 3.9%, net earnings $37K. See where every dollar goes — costs, profit and cash — as a Sankey from the 10-Q filed Aug 12, 2026.

Revenue$24.9M
Year over year-11%
Operating margin3.9%
Net earnings$37K
Operating cash flow$5.4M

Drawing the Sankey…

Open the interactive Sankey → click any line for what the company wrote about it, compare Y/Y and Q/Q, export as PNG or PDF

What changed this quarter

Revenue was $24.9M in Q1 FY27, down 11% year over year and up 8% from the previous quarter. Microturbine Products was the largest line at 51% of revenue. Microturbine Products lost $2.6M year over year (down 17%), 87% of the total change.

Gross margin was 35.1%, up 8.0 points from Q1 FY26. Operating profit was $1.0M, a 3.9% margin (up 4.5 points year over year). Operating expenses grew 1% against a revenue fall of 11%. The fastest-growing cost line was Research & development (+50%). Net earnings were $37K. The effective tax rate was 11.9%.

Operating cash flow was $5.4M, 14619% of net earnings. Non-cash charges added back $1.2M of depreciation and amortization and $365K of share-based compensation. Working capital and other items added $3.8M. Capital expenditures of $894K left free cash flow of $4.5M.

Quarterly history

Capstone Energy Plus revenue by quarterCapstone Energy Plus revenue by quarter$20.1MQ3 FY25$27.1MQ4 FY25$27.9MQ1 FY26$28.4MQ2 FY26$26.8MQ3 FY26$23.0MQ4 FY26$24.9MQ1 FY27
Capstone Energy Plus net earnings by quarterCapstone Energy Plus net earnings by quarter−$2.7MQ3 FY25−$126KQ4 FY25−$698KQ1 FY26$834KQ2 FY26$1.2MQ3 FY26$1.5MQ4 FY26$37KQ1 FY27
QuarterFormFiledRevenueY/YOp. marginNet earningsOp. cash flow
Q1 FY2710-QAug 12, 2026$24.9M-11%3.9%$37K$5.4M
Q4 FY2610-KJun 25, 2026$23.0M-15%0.7%$1.5M−$4.5M
Q3 FY2610-QFeb 12, 2026$26.8M+33%7.7%$1.2M$3.0M
Q2 FY2610-QNov 13, 2025$28.4M+25%4.8%$834K$551K
Q1 FY2610-QAug 8, 2025$27.9M+78%-0.6%−$698K−$1.6M
Q4 FY2510-KJun 27, 2025$27.1M+109%0.1%−$126K$5.5M
Q3 FY2510-QFeb 14, 2025$20.1M+38%-10.2%−$2.7M$1.3M

Charts

Capstone Energy Plus: revenue growth, year over year and quarter over quarterCapstone Energy Plus: revenue growth, year over year and quarter over quarterY/YQ/Q+38%Q3 FY25+109%+34%Q4 FY25+78%+3%Q1 FY26+25%+2%Q2 FY26+33%-6%Q3 FY26-15%-14%Q4 FY26-11%+8%Q1 FY27
Latest (Q1 FY27): Y/Y -11%, Q/Q +8%.
Capstone Energy Plus: where the cash came from (+) and went (−), TTM to Q1 FY27Capstone Energy Plus: where the cash came from (+) and went (−), TTM to Q1 FY27Cash drawn (+) / kept (−)−$25.7MOther financing$25.1MOperating cash flow$4.5MNet borrowing (+) / repaid (−)−$1.7MCapital spending−$1.6MOther investing−$590K
From the cash-flow statement as filed (SEC XBRL). Cash is fungible: the bars do not say which dollar paid for what.
Capstone Energy Plus: profit against cash, quarter by quarterCapstone Energy Plus: profit against cash, quarter by quarterNet incomeOperating cash flow−$423K−$1.2MQ2 FY25−$2.7M$1.3MQ3 FY25−$126K$5.5MQ4 FY25−$698K−$1.6MQ1 FY26$834K$551KQ2 FY26$1.2M$3.0MQ3 FY26$1.5M−$4.5MQ4 FY26$37K$5.4MQ1 FY27
Latest (Q1 FY27): Net income $37K, Operating cash flow $5.4M.
Capstone Energy Plus: diluted shares by fiscal yearCapstone Energy Plus: diluted shares by fiscal year11MFY2115MFY2217MFY2319MFY2419MFY2521MFY26
+84.7% since FY21: more shares outstanding (issuance, stock pay).
Capstone Energy Plus in its industry: growth against margin (5 companies, SIC 3510)Capstone Energy Plus in its industry: growth against margin (5 companies, SIC 3510)revenue growth, year over year →↑ operating marginmedian +7%median 14%CMIBCBWXTPSIXCEPL (-11%, 4%)
Engines & Turbines; dot size is quarterly revenue; dashed lines are the industry's medians.

Interactive views

The same charts as the app — open one to draw it.

💵Where each $1 goesinteractive

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🌏Named in Asian annual reportsinteractive

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🔄Rotation against the market and its industry (RRG)interactive

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🔍Earnings qualityinteractive

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⚖️Fair value by methodinteractive

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🔭Outlook & guidanceinteractive

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📈Investments: gains and what it boughtinteractive

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🏭Its industry’s money flow (input-output)interactive

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Customers and suppliers named in filings

Sells to

About Capstone Energy Plus

Capstone Energy+, Inc. is a leading provider of behind-the-meter clean energy solutions for industrial and commercial operations, along with solutions designed for the next generation of artificial intelligence ("AI") and data center applications. For nearly four decades, we have developed and refined oil-free, friction free microturbine-based power generation technology that delivers world class low emissions and industry-leading uptime/availability in a "plug and play" design with low maintenance intervals that run on a broad range of gaseous fuels flexibility. We believe that these qualities increasingly set us apart on a total cost of ownership basis and can support a multitude of modular and flexible solutions that the new energy landscape’s fundamental transformation demands.

In its own words, from its 10-K, filed Jun 25, 2026.

Capstone Energy Plus against its Engines & Turbines peers

The largest companies of the same SEC industry, each at its latest quarter. Revenue growth: -11% against the peers' median +7%. Operating margin: 3.9% against the peers' median 13.9%.

CompanyQuarterRevenueY/YOp. margin
CEPL Capstone Energy PlusQ1 FY27$24.9M-11%3.9%
CMI CumminsQ3 2026$9.4B+14%15.3%
BC BrunswickQ3 2026$1.5B+7%7.2%
BWXT BWX TechnologiesQ3 2026$953M+10%13.9%
PSIX Power Solutions InternationalQ3 2026$202M-0.9%20.2%

Source: Capstone Energy Plus 10-Q on SEC EDGAR · CIK 1009759 · Engines & Turbines

13F: who owns CEPL and who is buying

Largest holders of CEPL (13F)Largest holders of CEPL (13F)Aigh Capital Management LLC$13.1MBallast Asset Management, LP$879KHuntleigh Advisors$852KACT Capital Management, LLC$253KACT Capital Partners, L.P.$123KCushing Asset Management, LP dba …$90K
Funds' net buying of CEPL by quarter (13F)Funds' net buying of CEPL by quarter (13F)$02024-12−$22025-03$02025-06$02025-09$253K2026-06
Value of shares 13F filers added minus the value they sold, each quarter (quarters with most filings in).

More on CEPL

History

Every quarter: Q1 FY27 results · Q4 FY26 results · Q3 FY26 results · Q2 FY26 results · Q1 FY26 results · Q4 FY25 results · Q3 FY25 results

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