Capstone Holding Corp. reported second quarter 2026 financial results, announcing revenue of $21.5 million, a 67% year-over-year increase, and gross profit of $6.0 million, up 92%. Gross margin expanded to 27.9%, while Stone Business Adjusted EBITDA reached $2.0 million at a 9.4% margin, marking the positive inflection previously guided in Q1. The company reaffirmed its full-year 2026 guidance for revenue of $72.1 million and approximately $3.8 million of Stone Business Adjusted EBITDA. Additionally, Capstone highlighted operational milestones including the opening of a new location on August 17 and the expansion of its Eldorado Stone product line into 17 states within ten weeks. Capstone Holding Corp. operates as a technology-enabled building products distribution platform specializing in proprietary stone veneer, hardscape materials, and modular masonry systems.

Capstone Holding Corp. announced on August 7, 2026, that its previously issued unaudited condensed consolidated financial statements for the three and six months ended June 30, 2025, and the three and nine months ended September 30, 2025, should no longer be relied upon regarding weighted average common shares outstanding and related net loss per share. The CFO concluded these errors occurred because reported figures used period-end or unweighted share counts instead of proper day-weighted averages. For the three months ended March 31, 2025, restated basic and diluted net loss per share increased from $(0.47) to $(1.56) due to a reduction in weighted average shares from 5,190,251 to 1,555,566. The company identified a material weakness in internal control over financial reporting relating to the computation of these share counts and is filing Form 10-Q/A amendments for the affected periods. Capstone Holding Corp. operates in the holding company sector.

Capstone Holding Corp. entered into a First Amendment to its Senior Secured Convertible Note dated July 29, 2026, extending the maturity date of the note issued on July 29, 2025 from July 29, 2026 to August 29, 2026. The original principal amount of this specific tranche was approximately $3,272,966, part of a total authorized issuance up to $10,909,885 with an 8.34% original issue discount. This company operates in the investment and holding sector.

Capstone Holding Corp. received notice from Nasdaq on July 8, 2026, granting an additional 180-day extension to regain compliance with the Minimum Bid Price Requirement. The company previously failed to maintain a minimum closing bid price of $1.00 per share for 30 consecutive business days. The new deadline to achieve compliance is January 4, 2027, failing which the company faces potential delisting from the Nasdaq Capital Market. Capstone Holding Corp. is a holding company.

On July 2, 2026, Capstone Holding Corp. and Tumim Stone Capital, LLC entered into an amendment to an Amended and Restated Common Stock Purchase Agreement. The agreement allows the company to sell up to $20,000,000 of newly issued common stock to the investor. The amendment modifies the VWAP Purchase Price to be the greater of the lowest trading price during the valuation period or 90% of the volume-weighted average price, excluding the opening and closing prints. It also adjusted the valuation period end time to 3:59:59 p.m. ET. Capstone Holding Corp. is an emerging growth company that operates in the industrial sector.

On June 17, 2026, subsidiary TotalStone entered into two credit agreement amendments: the Sixteenth Amendment to the Berkshire Bank Revolving Credit Agreement extended the maturity date to December 31, 2026, and the Fourth Amendment to the Stream Finance Credit Agreement extended the maturity date to September 30, 2028. At the June 18, 2026 annual meeting, stockholders approved an amendment to the Certificate of Incorporation allowing a reverse stock split between 1-for-5 and 1-for-50, to be determined by the Board within twelve months. Stockholders also approved increasing the maximum shares available under the 2025 Stock Incentive Plan from 21.5% to 35% of outstanding common shares. The company operates in the building materials industry, specializing in the distribution of natural stone and masonry products.