Filing Flows › Capstone Energy Plus (CEPL) › Q4 FY26
Capstone Energy Plus (CEPL) Q4 FY26 earnings results (fourth quarter fiscal 2026)
10-K filed Jun 25, 2026
Capstone Energy Plus (CEPL) reported revenue of $23.0M for the fourth quarter fiscal 2026 (Q4 FY26), -15% from a year earlier and -14% from the quarter before. Operating margin was 0.7%, net earnings $1.5M (6.5% of revenue).
Capstone Energy Plus, Q4 FY26: revenue $23.0M (-15% year over year), operating margin 0.7%, net earnings $1.5M, operating cash flow −$4.5M. The chart follows the revenue to costs, profit and cash.
| Q4 FY26 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $23.0M | -14% | -15% |
| Gross profit | $6.9M | -34% | -8% |
| Operating profit | $157K | -92% | 11× |
| Net earnings | $1.5M | +27% | — |
| Operating cash flow | −$4.5M | -249% | -183% |
What changed
Revenue was $23.0M in Q4 FY26, down 15% year over year and down 14% from the previous quarter. Microturbine Products was the largest line at 44% of revenue.
Gross margin was 30.1%, up 2.3 points from Q4 FY25. Operating profit was $157K, a 0.7% margin (up 0.6 points year over year). Operating expenses fell 10% while revenue fell 15%. The fastest-growing cost line was Research & development (+31%). Net earnings were $1.5M. The effective tax rate was -4.7%. Non-operating items added $1.3M, 89% of pre-tax earnings, so the bottom line overstates operating performance.
Operating cash flow was −$4.5M. Non-cash charges added back $1.1M of depreciation and amortization and $187K of share-based compensation. Working capital and other items used $7.3M. Capital expenditures of $62K exceeded it, leaving free cash flow of −$4.6M.
Questions
What was Capstone Energy Plus' revenue in the fourth quarter fiscal 2026?
Capstone Energy Plus (CEPL) reported revenue of $23.0M for the fourth quarter fiscal 2026 (Q4 FY26), -15% from a year earlier and -14% from the quarter before.
Was Capstone Energy Plus profitable in the fourth quarter fiscal 2026?
Operating profit was $157K (0.7% of revenue) and net earnings $1.5M.