CGEH Research | Milton Maxwell

CGEH

Capstone Green Energy Holdings

5.0000

-0.7500-13%

Dec 16, 4:00:00 PM EST

Upcoming Earnings

Report date

≈ -/-

Earnings Call Transcripts

This Quarter (Q1 '26)

No earnings call transcript available yet

Last Quarter (Q4 '25)

No earnings call transcript available

Key Stats

Market Cap

117.17M

P/E (TTM)

Basic EPS (TTM)

-1.08

Dividend Yield

Recent Filings

8-K

Q3 revenue up 33%, profitable

2/12/26Feb 12, 2026

Capstone Green Energy posted Q3 revenue of $26.8 million, up 33% year-over-year, with gross margin surging 14 points to 39% on better product mix and Cal Microturbine acquisition lift. Net income hit $1.2 million, second straight profitable quarter; Adjusted EBITDA jumped to $5.1 million. Cash swelled to $15.2 million. Profitability sticks.

10-Q

Q3 FY2026 results

2/12/26Feb 12, 2026

Capstone Green Energy swung to Q3 FY2026 operating income of $2.0M, up from a $2.1M loss y/y, on revenue jumping 33% y/y to $26.8M (derived)—product sales up 64% y/y to $13.6M while parts/services climbed to $9.3M. Gross margin rocketed to 39% from 25% y/y, fueled by price hikes, cost cuts, and fewer FPP claims. Cash swelled to $14.4M from PIPE proceeds, funding Cal Microturbine buyout closed Aug 2025 for $15M (cash/deferred/settlements), adding $3.6M intangibles (6-year life); repaid New Money Notes but $25.3M Roll Up Notes loom Dec 2026. Operating cash flow held at $2.0M YTD. Yet debt covenants bind tight.

8-K

Closes $15M PIPE

11/25/25Nov 25, 2025

Capstone Green Energy closed its $15 million PIPE on November 25, 2025, issuing 7,500,000 shares at $2.00—a premium to the prior close. Insiders dominate participation. Funds repay $8 million debt due December 7, fueling AI data center expansion and product development. Balance sheet flexes up.

8-K

Capstone raises $15M PIPE

11/24/25Nov 24, 2025

Capstone Green Energy Holdings entered a PIPE deal on November 24, 2025, for ~$15M gross proceeds via 3.98M shares and 3.52M pre-funded warrants at $2.00 each, closing November 25. Proceeds repay $8.0M debt due December 7 while funding working capital. Management locked up 90 days.

8-K

Q2 revenue surges 25%

11/13/25Nov 13, 2025

Capstone Green Energy reported Q2 FY2026 revenue of $28.4M, up 25% year-over-year, with gross profit rising $2.0M to $9.0M at 32% margin. Net income flipped to $0.8M from a $0.4M loss, boosted by Cal Microturbine acquisition closed August 13 adding $0.7M revenue. Adjusted EBITDA hit $4.5M, sixth straight positive quarter. Cash dipped to $7.7M amid working capital needs.

About

Capstone Green Energy Holdings, Inc. provides customized microgrid solutions, on-site resilient energy-as-a-service (EaaS) solutions, and on-site energy technology systems. Its solutions include stationary distributed power generation applications and distribution networks, including cogeneration, integrated combined heat and power, renewable energy, natural resources, and critical power supply, as well as combined cooling, heat, and power. The company's inverter-based technologies solve resiliency by connecting to the electric grid or be the backbone of a localized microgrid; energy conversion products includes microturbine energy systems offering solutions to a range of customer-tailored solutions; and offers build, own, operate, and maintain, as well as energy rental solutions utilizing microturbine energy systems. It also provides factory protection plan service contracts, as well as aftermarket spare parts. In addition, the company offers customers the ability to run on hydrogen blended fuel source. The company was founded in 1988 and is headquartered in Van Nuys, California.

CEO

Mr. Vincent J Canino

IPO

9/26/2023

Website

https://www.capstonegreenenergy.com

Employees

100

Sector

Industrials

Industry

Specialty Industrial Machinery