Filing Flows › Star Equity Holdings (STRR) › Q1 2026 › vs Q4 2025
Star Equity Holdings (STRR) Q1 2026 vs Q4 2025 (quarter over quarter)
Star Equity Holdings's revenue fell $6.7M (-12%) from $56.8M in Q4 2025 to $50.1M in Q1 2026. The biggest changes: Revenue from Other Contracts with Customers −$6.5M (-30%); Business Services −$202K (-0.6%).
Star Equity Holdings, Q1 2026: revenue $50.1M (+57% year over year), operating margin -8.0%, net loss $3.8M, operating cash flow −$1.4M. The chart draws each line against Q4 2025, the increases inside each band.
Every line
| Line | Q1 2026 | Q4 2025 | Change | % |
|---|---|---|---|---|
| Revenue from Contracting Customers | $18.2M | $17.9M | $250K | +1% |
| Revenue from RPO Customers | $16.8M | $17.3M | −$452K | -3% |
| Building Solutions | $11.6M | $18.0M | −$6.4M | -35% |
| Energy Services | $3.5M | $3.6M | −$153K | -4% |
| Business Services | $35.0M | $35.2M | −$202K | -0.6% |
| Revenue from Other Contracts with Customers | $15.1M | $21.6M | −$6.5M | -30% |
| Revenue | $50.1M | $56.8M | −$6.7M | -12% |
| Income tax benefit | $266K | −$1.4M | $1.7M | — |
| Net loss | $3.8M | $1.7M | $2.1M | +122% |
| Costs & expenses | $54.1M | $58.5M | −$4.4M | -7% |
| Operating costs | $54.1M | $56.9M | −$2.8M | -5% |
| Cost of revenue | $29.5M | $32.6M | −$3.1M | -9% |
| Sales & marketing | $922K | $1.1M | −$221K | -19% |
| General & admin | $4.6M | $4.7M | −$70K | -1% |
| Other operating costs | $19.1M | $18.5M | $543K | +3% |
| Operating cash sources | $3.8M | $1.7M | $2.1M | +122% |
| Depreciation & amortization | $942K | $884K | $58K | +7% |
| Share-based compensation | $484K | $499K | −$15K | -3% |
| Working capital & other | $971K | −$3.5M | $4.5M | — |
| Cash used in operations | $1.4M | $3.9M | −$2.5M | -64% |
| Net loss absorbed | $3.8M | $1.7M | $2.1M | +122% |
Questions
How much did Star Equity Holdings's revenue grow quarter over quarter in Q1 2026?
Star Equity Holdings's revenue fell $6.7M (-12%) from $56.8M in Q4 2025 to $50.1M in Q1 2026.
What drove Star Equity Holdings's revenue change in Q1 2026?
Revenue from Other Contracts with Customers −$6.5M (-30%); Business Services −$202K (-0.6%).