Capstone Holding (NASDAQ:CAPS), a tech-enabled distribution platform for building products, released its fourth-quarter and full-year 2025 financial results today, delivering a confident outlook that suggests the company is entering a high-growth phase.
Following a year of strategic acquisitions, the firm is projecting a dramatic scaling of both its top and bottom lines for the 2026 fiscal year.
The company concluded fiscal 2025 with approximately $46.9 million in total revenue.
A key highlight from the report was the expansion of gross margins to 23%, a trend management attributed to an optimized product mix and the realization of scale efficiencies from recent M&A activity.
These results set the foundation for what Capstone expects to be a transformative 12 months ahead.
For fiscal 2026, Capstone issued aggressive guidance, forecasting revenue to rise 54% to reach $72.1 million.
The company also anticipates further margin improvement, targeting a gross margin of 26%.
Most notably, Capstone expects its EBITDA to increase more than fourfold to approximately $3.8 million.
Management noted that this rapid profit acceleration will be driven by significant operating leverage as the company expands its geographic footprint and introduces new product lines across its existing distribution network.