Capstone Energy+ Q1 revenue falls to $24.9M while gross profit rises 16% to $8.8M
Capstone Energy+ reported fiscal first quarter 2027 results, with revenue of $24.9 million, down from $27.9 million a year earlier, as large product order timing and lower rental utilization weighed on sales. Gross profit rose 16% to $8.8 million and the company reported net income of approximately $0.04 million, compared with a net loss of $0.7 million a year earlier, though the loss attributable to common stockholders after a $1.0 million preferred unit accretion adjustment was $0.03 per share.
Key points
- Revenue was $24.9 million, compared with $27.9 million in Q1 2026; Parts and Service revenue rose 21% to $9.7 million.
- Gross margin expanded 800 basis points to 35% from 27%, and income from operations was $1.0 million versus a $0.2 million loss a year earlier.
- Net cash provided by operating activities was $5.4 million, including a $3.7 million customer deposit; cash and restricted cash totaled $32.3 million at June 30, 2026.
- Adjusted EBITDA, a non-GAAP measure, was $2.7 million in both periods.
The filing
Written by AI on Nov 9, 2026, 8:28 AM ET, from this filing only. Written later: this filing was briefed after the fact, when past filings were added to the site, so the brief may be read with hindsight; the filing itself is the record of what was known on August 12, 2026.
Briefs are written by AI from the filing text and can contain mistakes — open the filing before acting on anything. Impact (1-5) and tone are the AI's reading of the filing for shareholders, not a price forecast. Not investment advice.