Filing Flows › Capstone Energy Plus (CEPL) › Q1 FY26
Capstone Energy Plus (CEPL) Q1 FY26 earnings results (first quarter fiscal 2026)
10-Q filed Aug 8, 2025
Capstone Energy Plus (CEPL) reported revenue of $27.9M for the first quarter fiscal 2026 (Q1 FY26), +78% from a year earlier and +3% from the quarter before. Operating margin was -0.6%, net loss $698K (2.5% of revenue).
Capstone Energy Plus, Q1 FY26: revenue $27.9M (+78% year over year), operating margin -0.6%, net loss $698K, operating cash flow −$1.6M. The chart follows the revenue to costs, profit and cash.
| Q1 FY26 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $27.9M | +3% | +78% |
| Operating profit | −$171K | -1321% | — |
| Net earnings | −$698K | — | — |
| Operating cash flow | −$1.6M | -129% | — |
What changed
Revenue was $27.9M in Q1 FY26, up 78% year over year and up 3% from the previous quarter. Microturbine Products was the largest line at 55% of revenue. Microturbine Products added $10.1M year over year (up 192%), 83% of the total change.
Gross margin was 27.1%, up 2.9 points from a year earlier. Operating costs exceeded revenue by $171K, an operating margin of -0.6%. Operating expenses grew 6% against revenue growth of 78%. The fastest-growing cost line was Research & development (+49%). The quarter ended with a net loss of $698K, wider than the previous quarter's $126K loss. Net interest and other expense of $522K was the main reason.
Operating cash flow was −$1.6M. Non-cash charges added back $926K of depreciation and amortization and $349K of share-based compensation. Working capital and other items used $2.2M. Capital expenditures of $126K exceeded it, leaving free cash flow of −$1.7M.
Questions
What was Capstone Energy Plus' revenue in the first quarter fiscal 2026?
Capstone Energy Plus (CEPL) reported revenue of $27.9M for the first quarter fiscal 2026 (Q1 FY26), +78% from a year earlier and +3% from the quarter before.
Was Capstone Energy Plus profitable in the first quarter fiscal 2026?
Operating loss was $171K (-0.6% of revenue) and net loss $698K.