Filing Flows › Capstone Energy Plus (CEPL) › Q3 FY25
Capstone Energy Plus (CEPL) Q3 FY25 earnings results (third quarter fiscal 2025)
10-Q filed Feb 14, 2025
Capstone Energy Plus (CEPL) reported revenue of $20.1M for the third quarter fiscal 2025 (Q3 FY25), +38% from a year earlier and -11% from the quarter before. Operating margin was -10.2%, net loss $2.7M (13.4% of revenue).
Capstone Energy Plus, Q3 FY25: revenue $20.1M (+38% year over year), operating margin -10.2%, net loss $2.7M, operating cash flow $1.3M. The chart follows the revenue to costs, profit and cash.
| Q3 FY25 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $20.1M | -11% | +38% |
| Operating profit | −$2.1M | — | — |
| Net earnings | −$2.7M | — | — |
| Operating cash flow | $1.3M | — | — |
| Free cash flow | $657K | — | — |
What changed
Revenue was $20.1M in Q3 FY25, up 38% year over year and down 11% from the previous quarter. Total from Micro turbine Products was the largest line at 39% of revenue. Total from Micro turbine Products added $2.8M year over year (up 55%), 50% of the total change.
Gross margin was 24.8%, up 4.1 points from a year earlier. Operating costs exceeded revenue by $2.1M, an operating margin of -10.2%. Operating expenses fell 32% while revenue rose 38%. The fastest-growing cost line was Research & development (+28%). The quarter ended with a net loss of $2.7M, wider than the previous quarter's $423K loss.
Operating cash flow was $1.3M. Non-cash charges added back $947K of depreciation and amortization and $59K of share-based compensation. Working capital and other items added $3.0M. Capital expenditures of $679K left free cash flow of $657K.
Questions
What was Capstone Energy Plus' revenue in the third quarter fiscal 2025?
Capstone Energy Plus (CEPL) reported revenue of $20.1M for the third quarter fiscal 2025 (Q3 FY25), +38% from a year earlier and -11% from the quarter before.
Was Capstone Energy Plus profitable in the third quarter fiscal 2025?
Operating loss was $2.1M (-10.2% of revenue) and net loss $2.7M.