Filing Flows › Star Equity Holdings (STRR) › Q4 2025
Star Equity Holdings (STRR) Q4 2025 earnings results (fourth quarter 2025)
10-K filed Mar 20, 2026
Star Equity Holdings (STRR) reported revenue of $56.8M for the fourth quarter 2025 (Q4 2025), +69% from a year earlier and +18% from the quarter before. Operating margin was -0.2%, net loss $1.7M (3.0% of revenue).
Star Equity Holdings, Q4 2025: revenue $56.8M (+69% year over year), operating margin -0.2%, net loss $1.7M, operating cash flow −$3.9M. The chart follows the revenue to costs, profit and cash.
| Q4 2025 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $56.8M | +18% | +69% |
| Operating profit | −$109K | — | — |
| Net earnings | −$1.7M | — | — |
| Operating cash flow | −$3.9M | — | -291% |
What changed
Revenue was $56.8M in Q4 2025, up 69% year over year and up 18% from the previous quarter. Building Solutions was the largest line at 32% of revenue.
Gross margin was 42.6%, down 9.8 points from Q4 2024. Operating costs exceeded revenue by $109K, an operating margin of -0.2%. Operating expenses grew 37% against revenue growth of 69%. The fastest-growing cost line was General & admin (+84%). The quarter ended with a net loss of $1.7M, narrower than the previous quarter's $1.8M loss.
Operating cash flow was −$3.9M. Non-cash charges added back $884K of depreciation and amortization and $499K of share-based compensation. Working capital and other items used $3.5M. Capital expenditures of $1.0M exceeded it, leaving free cash flow of −$4.9M.
Questions
What was Star Equity Holdings' revenue in the fourth quarter 2025?
Star Equity Holdings (STRR) reported revenue of $56.8M for the fourth quarter 2025 (Q4 2025), +69% from a year earlier and +18% from the quarter before.
Was Star Equity Holdings profitable in the fourth quarter 2025?
Operating loss was $109K (-0.2% of revenue) and net loss $1.7M.