Filing Flows › Star (STHO) › Q3 2026 › vs Q2 2026
Star (STHO) Q3 2026 vs Q2 2026 (quarter over quarter)
Star's revenue rose $20.6M (+106%) from $19.4M in Q2 2026 to $39.9M in Q3 2026. The biggest changes: Land development revenue +$19.7M (17×); Other income +$1.7M (+12%); Operating lease income −$743K (-30%).
Star, Q3 2026: revenue $39.9M (+42% year over year), operating margin 8.9%, net loss $45.1M, operating cash flow −$9.2M. The chart draws each line against Q2 2026, the increases inside each band.
Every line
| Line | Q3 2026 | Q2 2026 | Change | % |
|---|---|---|---|---|
| Land development revenue | $21.0M | $1.2M | $19.7M | 17× |
| Other income | $16.4M | $14.7M | $1.7M | +12% |
| Operating lease income | $1.7M | $2.4M | −$743K | -30% |
| Interest income | $894K | $1.0M | −$152K | -15% |
| Revenue | $39.9M | $19.4M | $20.6M | +106% |
| Net loss | $45.1M | −$41.5M | $86.5M | — |
| Costs & expenses | $85.0M | $63.1M | $21.9M | +35% |
| Operating costs | $36.4M | $21.6M | $14.8M | +68% |
| Interest & other, net | $48.6M | −$43.7M | $92.4M | — |
| General & admin | $2.7M | $2.6M | $36K | +1% |
| Other operating costs | $33.7M | $19.0M | $14.7M | +78% |
| Operating cash sources | $45.1M | −$41.5M | $86.5M | — |
| Depreciation & amortization | $791K | $856K | −$65K | -8% |
| Working capital & other | $35.1M | −$45.1M | $80.3M | — |
| Cash used in operations | $9.2M | $2.8M | $6.3M | +223% |
| Net loss absorbed | $45.1M | −$41.5M | $86.5M | — |
Questions
How much did Star's revenue grow quarter over quarter in Q3 2026?
Star's revenue rose $20.6M (+106%) from $19.4M in Q2 2026 to $39.9M in Q3 2026.
What drove Star's revenue change in Q3 2026?
Land development revenue +$19.7M (17×); Other income +$1.7M (+12%); Operating lease income −$743K (-30%).