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Capital (CAPD) investor relations material
Capital Q2 2026 TU earnings summary
Complete event summary combining all related documents: earnings call transcript, report, and slide presentation.Executive summary
Achieved record Q2 2026 revenue of $117.3 million, up 34.2% year-over-year and 15.3% sequentially from Q1 2026.
H1 2026 revenue reached $219.0 million, a 37.6% increase over H1 2025.
Strong operational performance across all divisions, with portfolio optimization actions underway.
Financial highlights
Drilling and associated revenue in Q2 2026 was $68.0 million, up 7.9% year-over-year and 8.3% sequentially.
Mining revenue surged to $25.5 million, up 264.3% year-over-year and 41.7% sequentially.
MSALABS revenue was $23.8 million, up 36.8% year-over-year and 13.9% sequentially.
Outlook and guidance
Full-year 2026 revenue guidance reiterated at $410–$440 million, reflecting strong demand and diversification.
H1 outperformance will be largely offset by one-off demobilisation costs at NGM and Sadiola.
Three new MSALABS laboratories expected to be commissioned in H2 2026.
- Record 2024 revenue, with 2025 growth expected as Reko Diq and MSALABS ramp up.CAPD
H2 20249 Jul 2026 - Record revenue, 2026 guidance, lab expansion, and strategic growth amid strong demand.CAPD
AGM 202620 May 2026 - Record Q1 revenue and new contracts drive strong 2026 outlook despite portfolio volatility.CAPD
Q1 2026 TU29 Apr 2026 - NPAT up 317.6% on investment gains, with 2026 revenue guidance at $410–440m and strong demand.CAPD
H2 202519 Mar 2026 - Revenue up 9.8%, margins down; growth expected from new contracts and US expansion.CAPD
H1 20242 Feb 2026 - 2024 revenue guidance is $355–$375 million, with key resolutions and growth across business pillars.CAPD
AGM 202431 Jan 2026 - Record MSALABS growth and strong sector demand set the stage for robust 2026 performance.CAPD
Q4 2025 TU20 Jan 2026 - $40 million capital raise approved to support growth and capitalize on strong market demand.CAPD
EGM 202511 Dec 2025 - 2025 guidance highlights growth in drilling, labs, and mining amid favorable market conditions.CAPD
AGM 202525 Nov 2025
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