Filing Flows › Star Equity Holdings (STRR) › Q1 2025
Star Equity Holdings (STRR) Q1 2025 earnings results (first quarter 2025)
10-Q filed May 13, 2025
Star Equity Holdings (STRR) reported revenue of $31.9M for the first quarter 2025 (Q1 2025), -6% from a year earlier and -5% from the quarter before. Operating margin was -5.4%, net loss $1.8M (5.5% of revenue).
Star Equity Holdings, Q1 2025: revenue $31.9M (-6% year over year), operating margin -5.4%, net loss $1.8M, operating cash flow −$802K. The chart follows the revenue to costs, profit and cash.
| Q1 2025 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $31.9M | -5% | -6% |
| Operating profit | −$1.7M | — | — |
| Net earnings | −$1.8M | — | — |
| Operating cash flow | −$802K | -140% | — |
What changed
Revenue was $31.9M in Q1 2025, down 6% year over year and down 5% from the previous quarter. Contracting was the largest line at 51% of revenue. Contracting lost $1.9M year over year (down 11%), 95% of the total change.
Gross margin was 51.5%. Operating costs exceeded revenue by $1.7M, an operating margin of -5.4%. The quarter ended with a net loss of $1.8M, wider than the previous quarter's $585K loss.
Operating cash flow was −$802K. Non-cash charges added back $283K of depreciation and amortization and $386K of share-based compensation. Working capital and other items added $285K. Capital expenditures of $6K exceeded it, leaving free cash flow of −$808K.
Questions
What was Star Equity Holdings' revenue in the first quarter 2025?
Star Equity Holdings (STRR) reported revenue of $31.9M for the first quarter 2025 (Q1 2025), -6% from a year earlier and -5% from the quarter before.
Was Star Equity Holdings profitable in the first quarter 2025?
Operating loss was $1.7M (-5.4% of revenue) and net loss $1.8M.