Filing Flows › Star Equity Holdings (STRR) › Q2 2025
Star Equity Holdings (STRR) Q2 2025 earnings results (second quarter 2025)
10-Q filed Aug 8, 2025
Star Equity Holdings (STRR) reported revenue of $35.5M for the second quarter 2025 (Q2 2025), -0.5% from a year earlier and +12% from the quarter before. Operating margin was -0.6%, net loss $688K (1.9% of revenue).
Star Equity Holdings, Q2 2025: revenue $35.5M (-0.5% year over year), operating margin -0.6%, net loss $688K, operating cash flow $139K. The chart follows the revenue to costs, profit and cash.
| Q2 2025 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $35.5M | +12% | -0.5% |
| Operating profit | −$211K | — | — |
| Net earnings | −$688K | — | — |
| Operating cash flow | $139K | — | — |
| Free cash flow | $102K | — | — |
What changed
Revenue was $35.5M in Q2 2025, roughly flat year over year and up 12% from the previous quarter. Contracting was the largest line at 51% of revenue. RPO Recruitment lost $342K year over year (down 2%), 200% of the total change.
Gross margin was 52.4%. Operating costs exceeded revenue by $211K, an operating margin of -0.6%. The fastest-growing cost line was Sales & marketing (+25%). The quarter ended with a net loss of $688K, narrower than the previous quarter's $1.8M loss.
Operating cash flow was $139K. Non-cash charges added back $245K of depreciation and amortization and $243K of share-based compensation. Working capital and other items added $339K. Capital expenditures of $37K left free cash flow of $102K.
Questions
What was Star Equity Holdings' revenue in the second quarter 2025?
Star Equity Holdings (STRR) reported revenue of $35.5M for the second quarter 2025 (Q2 2025), -0.5% from a year earlier and +12% from the quarter before.
Was Star Equity Holdings profitable in the second quarter 2025?
Operating loss was $211K (-0.6% of revenue) and net loss $688K.