Star Equity Holdings (STRR) Financial Statements & Analysis

Star Equity Holdings (STRR) Income Statement

Star Equity Holdings reported revenue of $172.16M in fiscal 2025 (fiscal year ended Dec 31, 2025), up 22.9% from $140.06M a year earlier. Star Equity Holdings posted a net loss of $5.92M, compared with a net loss of $4.77M a year earlier. Gross margin was 45.7% and operating margin -2.1%. In the most recent quarter, Q2 fiscal 2026 (ended Jun 30, 2026), revenue was $54.94M, up 54.6% from the same quarter a year earlier.

Star Equity Holdings Income Statement Analysis

Values in millions USD

Income Statement Balance Sheet Cash Flow Ratios

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Star Equity Holdings, Inc. income statement - Annual data in millions USD
Breakdown	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020	FY 2019	FY 2018	FY 2017
Period ending	Dec 2025	Dec 2024	Dec 2023	Dec 2022	Dec 2021	Dec 2020	Dec 2019	Dec 2018	Dec 2017
Revenue & Gross Profit
Revenue	172.16	140.06	161.34	200.92	169.21	78.16	72.93	104.18	104.63
Cost of Revenue	93.50	69.90	143.93	101.71	154.09	64.18	55.77	85.91	83.44
Gross Profit	78.66	70.15	11.93	99.21	15.24	13.99	17.16	18.27	21.20
Operating Expenses
Research & Development	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Selling, General & Administrative	82.35	72.60	14.56	88.50	9.93	18.64	15.90	20.46	24.84
Operating Expenses	82.35	73.96	16.27	89.87	28.53	21.20	19.07	22.82	26.50
Operating Income	-3.69	-3.81	-4.35	9.34	-13.29	-7.21	-1.91	-4.55	-5.30
Other Income/Expense
Interest Income	0.26	0.36	0.37	0.08	0.03	0.00	0.00	0.00	0.00
Interest Expense	0.00	0.00	0.00	0.00	0.91	1.29	0.75	0.75	0.73
Other Income/Expense	-0.17	-0.02	3.65	0.12	5.45	2.05	-1.03	-0.86	-1.75
Income
Income Before Tax	-3.86	-3.47	2.57	9.46	4.34	-5.16	-2.94	-5.40	-7.05
Income Tax Expense	2.06	1.30	0.61	2.33	-0.06	0.13	-0.20	-1.56	27.99
Net Income	-5.92	-4.77	23.22	7.13	-4.89	-6.46	-4.63	0.74	-35.73
Net Income - Continuous Operations	-5.92	-4.77	2.20	7.13	3.23	-6.46	-4.63	0.74	-35.73
Net Income - Discontinued Operations	-	-	-	-	-	-	-	-	-
EBITDA	-2.64	-2.45	2.85	10.72	5.19	6.15	5.88	4.06	4.75
EBIT	-3.69	-3.81	1.38	9.34	4.59	-2.65	-	-	-
Depreciation & Amortization	1.21	1.36	1.47	1.38	0.60	10.02	8.08	8.71	11.06
Earnings Per Share
Basic EPS	-2.00	-2.00	1.00	2.00	1.00	-2.00	-3.00	-2.00	-18.00
Diluted EPS	-2.00	-2.00	7.00	2.00	5.00	-2.00	-3.00	-2.00	-18.00
Basic Shares Outstanding	3.20	3.00	3.06	3.01	2.92	3.66	2.04	2.02	2.00
Diluted Shares Outstanding	3.20	3.00	3.14	3.14	3.00	3.66	2.04	2.02	2.00

Source: Company financial statements from annual and quarterly filings. Data as of Jun 30, 2026. Data sources and methodology

Frequently Asked Questions About Star Equity Holdings Financial Statements

What was Star Equity Holdings's revenue in fiscal 2025?

Star Equity Holdings reported revenue of $172.16M in fiscal 2025 (fiscal year ended Dec 31, 2025). That was up 22.9% from $140.06M a year earlier.

Is Star Equity Holdings profitable?

No. Star Equity Holdings reported a net loss of $5.92M in fiscal 2025. In fiscal 2024 it lost $4.77M.

What is Star Equity Holdings's operating margin?

Star Equity Holdings's operating income was −$3.69M on revenue of $172.16M in fiscal 2025, an operating margin of -2.1%, compared with -2.7% a year earlier.

What is net profit margin?

Net profit margin is net income divided by revenue. It shows how much of each dollar of sales a company keeps as profit after all costs, interest and taxes. Full definition