---
schema_version: "secwatch.filing_event.v1"
accession: "0001213900-25-111353"
form_type: "8-K"
ticker: "CAPS"
cik: "0000887151"
company_name: "Capstone Holding Corp."
filed_at: "2025-11-17T23:59:59+00:00"
generated_at: "2026-05-16T19:34:58.533723+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.8
calibrated_materiality_score: 0.8
confidence: "high"
source: SEC EDGAR
---

# Capstone Q3: pro forma revenue up 19% to $41.2M, EBITDA up 46%; M&A adds $26M annual revenue, targeting $100M run-rate

## Summary
- Pro forma revenue $41.2M, up 19% YoY; pro forma adjusted EBITDA +46% YoY; gross profit +34% YoY.
- Two H2 2025 acquisitions expected to add $26M in annualized revenue; second $15M deal closing before Dec 15.
- Acquisition pipeline at 4–6x EBITDA valuations with 20–45% non-cash consideration; three to four deals targeted in 2026.
- Company targeting $100M revenue run-rate by early 2026, citing rate cuts and housing undersupply as tailwinds.

## SEC filing metadata
- accession: 0001213900-25-111353
- form_type: 8-K
- ticker: CAPS
- cik: 0000887151
- company_name: Capstone Holding Corp.
- filed_at: 2025-11-17T23:59:59+00:00
- event_type: earnings
- sentiment: positive
- materiality_score: 0.8
- calibrated_materiality_score: 0.8
- confidence: high
- sec_items: 2.02, 7.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/887151/000121390025111353/0001213900-25-111353-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/887151/000121390025111353/ea0265987-8k_caps.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001213900-25-111353
- JSON: https://secwatch.observer/filing/0001213900-25-111353.json
- Plain text: https://secwatch.observer/filing/0001213900-25-111353.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.