Capstone Green Energy Holdings, Inc. reported financial results for the third quarter of fiscal year 2026, ended December 31, 2025, highlighting a 33% increase in revenue to $26.8 million, a 14-point gross margin expansion to 39%, and a second consecutive quarter of positive net income at $1.2 million.
Key takeaways
Revenue for Q3 FY2026 was $26.8 million, a 33% increase from $20.1 million in the prior year quarter.
Gross margin expanded to 39%, up 14 percentage points from 25% in the prior year period.
Net income was $1.2 million for Q3 FY2026, compared to a net loss of $2.7 million in Q3 FY2025.
Adjusted EBITDA increased to $5.1 million from $0.5 million in the prior year period.
Total cash, including restricted cash, was $15.2 million as of December 31, 2025, an increase of $7.5 million from September 30, 2025.
Year-to-date revenue totaled $83.0 million, a 42% increase from $58.5 million in the prior year period.