# Capstone Holding Corp. (CAPS)

> Cited company facts from SEC filings, by Steadybase. Web page: https://steadybase.io/company/capstone-holding-corp/ JSON: https://steadybase.io/company/capstone-holding-corp.json Checked Nov 10, 2026. Latest filing read: Oct 30, 2026.

## Company

- Legal name: Capstone Holding Corp.
- Ticker: CAPS (Nasdaq)
- SEC CIK: 0000887151
- Industry: Wholesale-Lumber & Other Construction Materials (SIC 5030)
- Headquarters: Tinley Park, IL
- Fiscal year ends: December 31
- SEC filer category: <br>Emerging growth company
- Website: capstoneholdingcorp.com
- Next earnings date: Nov 17, 2026

## Key facts

- Revenue: $46.9M for the fiscal year ended Dec 31, 2025 (10-K filed Apr 16, 2026). Source: https://www.sec.gov/Archives/edgar/data/887151/000143774926012459/0001437749-26-012459-index.html
- Operating income: -$11.0M for the fiscal year ended Dec 31, 2025 (10-K filed Apr 16, 2026). Source: https://www.sec.gov/Archives/edgar/data/887151/000143774926012459/0001437749-26-012459-index.html
- Net income: -$21.2M for the fiscal year ended Dec 31, 2025 (10-K filed Apr 16, 2026). Source: https://www.sec.gov/Archives/edgar/data/887151/000143774926012459/0001437749-26-012459-index.html
- SG&A: $14.4M for the fiscal year ended Dec 31, 2025 (10-K filed Apr 16, 2026). Source: https://www.sec.gov/Archives/edgar/data/887151/000143774926012459/0001437749-26-012459-index.html
- Employees: 93 as of Dec 31, 2025, as reported in an SEC filing. Source: https://www.sec.gov/Archives/edgar/data/887151/000143774926012459/caps20251225_10k.htm
- Shares outstanding: 20,578,551 as of Aug 10, 2026 (10-Q filed Aug 12, 2026). Source: https://www.sec.gov/Archives/edgar/data/887151/000143774926027150/0001437749-26-027150-index.html
- Auditor: Gbq Partners LLC, Columbus, Ohio, named in the latest 10-K. Source: https://www.sec.gov/Archives/edgar/data/887151/000143774926012459/caps20251225_10k.htm

## Business

Capstone Holding Corp. ("Capstone," "we," "us," or the "Company") is a national, technology-enabled building products distribution and installation platform. Through our three operating subsidiaries — Instone (a trade name of TotalStone, LLC (dba “Instone”)), Canadian Stone Industries (operated through Fraser Canyon Holdings Inc.S.

Source: Item 1. Business, https://www.sec.gov/Archives/edgar/data/887151/000143774926012459/caps20251225_10k.htm

## Annual results

| Fiscal year ended | Revenue | Operating income | Net income | SG&A |
|---|---|---|---|---|
| Dec 31, 2025 | $46.9M | -$11.0M | -$21.2M | $14.4M |
| Dec 31, 2024 | $44.9M | -$638,000 | -$2.6M | $10.2M |
| Dec 31, 2023 | $48.4M | -$1.3M | -$3.8M | $10.9M |

Each figure comes from the annual report for that year. Filing links for every figure: https://steadybase.io/company/capstone-holding-corp.json

## Officers and directors

- Kevin Allan Grotke, President & CEO of TotalStone. Source: Form 4 filed Aug 11, 2026, https://www.sec.gov/Archives/edgar/data/887151/000143774926027122/0001437749-26-027122-index.htm
- Matthew E. Lipman, Chief Executive Officer. Source: Form 4 filed Aug 11, 2026, https://www.sec.gov/Archives/edgar/data/887151/000143774926027119/0001437749-26-027119-index.htm
- Edward Christopher Schultz, Chief Financial Officer. Source: Form 4 filed Aug 11, 2026, https://www.sec.gov/Archives/edgar/data/887151/000143774926027118/0001437749-26-027118-index.htm
- Edward Schultz, Chief Financial Officer. Source: 10-K filed Apr 16, 2026, https://www.sec.gov/Archives/edgar/data/887151/000143774926012459/caps20251225_10k.htm
- Charles Dana, Director (Lead Independent Director). Source: 10-K filed Apr 16, 2026, https://www.sec.gov/Archives/edgar/data/887151/000143774926012459/caps20251225_10k.htm
- Elwood D. Howse, Jr., Director. Source: 10-K filed Apr 16, 2026, https://www.sec.gov/Archives/edgar/data/887151/000143774926012459/caps20251225_10k.htm
- Fredric J. Feldman, Ph.D., Director. Source: 10-K filed Apr 16, 2026, https://www.sec.gov/Archives/edgar/data/887151/000143774926012459/caps20251225_10k.htm
- Gordon Strout, Director. Source: 10-K filed Apr 16, 2026, https://www.sec.gov/Archives/edgar/data/887151/000143774926012459/caps20251225_10k.htm
- John M. Holliman, III, Director. Source: 10-K filed Apr 16, 2026, https://www.sec.gov/Archives/edgar/data/887151/000143774926012459/caps20251225_10k.htm
- Kevin Grotke, Named in proxy. Source: DEF 14A filed May 7, 2026, https://www.sec.gov/Archives/edgar/data/887151/000143774926015617/caps20260428_def14a.htm
- Charles “Chuck” Dana, Board member (per proxy). Source: DEF 14A filed Oct 1, 2025, https://www.sec.gov/Archives/edgar/data/887151/000121390025094745/ea0257860-02.htm

## Recent 8-K events

- Oct 21, 2026: Item 5.03, Amendments to articles or bylaws; change in fiscal year; Item 7.01, Regulation FD disclosure; Item 9.01, Financial statements and exhibits. Source: https://www.sec.gov/Archives/edgar/data/887151/000143774926033134/caps20261021_8k.htm
- Oct 13, 2026: Item 1.01, Entry into a material definitive agreement; Item 3.03, Material modification to rights of security holders; Item 5.03, Amendments to articles or bylaws; change in fiscal year; Item 9.01, Financial statements and exhibits. Source: https://www.sec.gov/Archives/edgar/data/887151/000143774926032507/caps20261013_8k.htm
- Oct 1, 2026: Item 2.02, Results of operations and financial condition (earnings release); Item 9.01, Financial statements and exhibits. Source: https://www.sec.gov/Archives/edgar/data/887151/000143774926031664/caps20260930c_8k.htm
- Sep 29, 2026: Item 7.01, Regulation FD disclosure; Item 8.01, Other events; Item 9.01, Financial statements and exhibits. Source: https://www.sec.gov/Archives/edgar/data/887151/000143774926031423/caps20260928_8k.htm
- Aug 27, 2026: Item 7.01, Regulation FD disclosure; Item 9.01, Financial statements and exhibits. Source: https://www.sec.gov/Archives/edgar/data/887151/000143774926029046/caps20260826c_8k.htm
- Aug 12, 2026: Item 2.02, Results of operations and financial condition (earnings release); Item 7.01, Regulation FD disclosure; Item 9.01, Financial statements and exhibits. Source: https://www.sec.gov/Archives/edgar/data/887151/000143774926027159/caps20260812_8k.htm
- Aug 12, 2026: Item 4.02, Non-reliance on previously issued financial statements; Item 9.01, Financial statements and exhibits. Source: https://www.sec.gov/Archives/edgar/data/887151/000143774926027149/caps20260807_8k.htm
- Aug 3, 2026: Item 1.01, Entry into a material definitive agreement; Item 9.01, Financial statements and exhibits. Source: https://www.sec.gov/Archives/edgar/data/887151/000143774926025475/caps20260803_8k.htm
- Jul 9, 2026: Item 8.01, Other events. Source: https://www.sec.gov/Archives/edgar/data/887151/000143774926023107/caps20260708_8k.htm
- Jul 6, 2026: Item 1.01, Entry into a material definitive agreement; Item 9.01, Financial statements and exhibits. Source: https://www.sec.gov/Archives/edgar/data/887151/000143774926022686/caps20260706_8k.htm

## Insider trades (Form 4)

- Mar 7, 2025: Gordon Lewis Strout Jr (Director) bought 41,500 shares, about $166,000. Source: https://www.sec.gov/Archives/edgar/data/887151/000143774926027117/0001437749-26-027117-index.htm
- Mar 7, 2025: Michael Toporek (Director) bought 41,750 shares, about $167,000. Source: https://www.sec.gov/Archives/edgar/data/887151/000143774926024417/0001437749-26-024417-index.htm
- Mar 7, 2025: Matthew E. Lipman (Chief Executive Officer) bought 41,750 shares, about $167,000. Source: https://www.sec.gov/Archives/edgar/data/887151/000143774926024215/0001437749-26-024215-index.htm

## What management said

- "We felt that more current information would help shareholders understand the Company’s position, amid broader uncertainty in the housing and building products market" Matthew Lipman, Chief Executive Officer (8-K filed Oct 1, 2026). Source: https://www.sec.gov/Archives/edgar/data/887151/000143774926031664/ex_1021159.htm

## Latest filings

- 8-K filed Oct 21, 2026: https://www.sec.gov/Archives/edgar/data/887151/000143774926033134/caps20261021_8k.htm
- 10-K filed Apr 16, 2026: https://www.sec.gov/Archives/edgar/data/887151/000143774926012459/caps20251225_10k.htm
- 10-Q filed Aug 12, 2026: https://www.sec.gov/Archives/edgar/data/887151/000143774926027150/caps20260630_10q.htm
- DEF 14A filed May 7, 2026: https://www.sec.gov/Archives/edgar/data/887151/000143774926015617/caps20260428_def14a.htm

## About this data

SEC EDGAR filings, read by Steadybase. Every value links to the filing it came from.
Steadybase covers US-headquartered public companies that file with the SEC. API and MCP access: https://steadybase.io/docs/