Star Equity Holdings, Inc.STRREarnings & Financial Report
Artists Equity is an American production company founded by actors and filmmakers Ben Affleck and Matt Damon in November 2022.
Revenue
$36.9M
Gross Profit
$18.6M
Operating Profit
$-457.0K
Net Profit
$-846.0K
Gross Margin
50.5%
Operating Margin
-1.2%
Net Margin
-2.3%
YoY Growth
-6.5%
EPS
$-0.28
Star Equity Holdings, Inc. Q3 FY2024 Financial Summary
Star Equity Holdings, Inc. reported revenue of $36.9M (down 6.5% YoY) for Q3 FY2024, with a net profit of $-846.0K (down 258.7% YoY) (-2.3% margin). Cost of goods sold was $18.3M, operating expenses totaled $19.1M.
Key Financial Metrics
| Total Revenue | $36.9M |
|---|---|
| Net Profit | $-846.0K |
| Gross Margin | 50.5% |
| Operating Margin | -1.2% |
| Report Period | Q3 FY2024 |
Revenue Breakdown
Star Equity Holdings, Inc. Q3 FY2024 revenue of $36.9M breaks down across 2 segments, led by Contracting at $19.3M (52.3% of total).
| Segment | Revenue | % of Total |
|---|---|---|
| Contracting | $19.3M | 52.3% |
| Permanent Recruitment | $17.6M | 47.7% |
Star Equity Holdings, Inc. Revenue by Segment — Quarterly Trend
Star Equity Holdings, Inc. revenue by segment across the last 4 reported quarters, showing how each business line (such as Contracting and Permanent Recruitment) has evolved quarter over quarter.
| Segment | Q4 FY2025 | Q3 FY2025 | Q2 FY2025 | Q1 FY2025 |
|---|---|---|---|---|
| Contracting | — | — | $18.1M | — |
| Permanent Recruitment | — | — | $17.4M | $15.7M |
Star Equity Holdings, Inc. Annual Revenue by Year
Star Equity Holdings, Inc. annual revenue history includes year-by-year totals (for example, 2025 revenue was $172.2M).
| Year | Annual Revenue |
|---|---|
| 2025 | $172.2M |
| 2024 | $140.1M |
| 2023 | $161.3M |
| 2022 | $200.9M |
Star Equity Holdings, Inc. Quarterly Revenue & Net Profit History
Star Equity Holdings, Inc. results over the last 8 reported quarters, including revenue, net profit and year-over-year growth.
| Quarter | Revenue | Revenue YoY | Net Profit | Net Margin |
|---|---|---|---|---|
| Q4 FY2025 | $56.8M | +69.0% | $-1.7M | -3.0% |
| Q3 FY2025 | $48.0M | +30.1% | $-1.8M | -3.7% |
| Q2 FY2025 | $35.5M | -0.5% | $-688.0K | -1.9% |
| Q1 FY2025 | $31.9M | -6.0% | $-1.8M | -5.5% |
| Q4 FY2024 | $33.6M | -1.1% | $-585.0K | -1.7% |
| Q3 FY2024 | $36.9M | -6.5% | $-846.0K | -2.3% |
| Q2 FY2024 | $35.7M | -20.5% | $-441.0K | -1.2% |
| Q1 FY2024 | $33.9M | -21.3% | $-2.9M | -8.6% |
Income Statement
| Q1 2024 | Q2 2024 | Q3 2024 | Q4 2024 | Q1 2025 | Q2 2025 | Q3 2025 | Q4 2025 | |
|---|---|---|---|---|---|---|---|---|
| Revenue | $33.9M | $35.7M | $36.9M | $33.6M | $31.9M | $35.5M | $48.0M | $56.8M |
| YoY Growth | -21.3% | -20.5% | -6.5% | -1.1% | -6.0% | -0.5% | 30.1% | 69.0% |
Balance Sheet
| Q1 2024 | Q2 2024 | Q3 2024 | Q4 2024 | Q1 2025 | Q2 2025 | Q3 2025 | Q4 2025 | |
|---|---|---|---|---|---|---|---|---|
| Assets | $52.6M | $52.6M | $52.6M | $52.6M | $53.2M | $55.6M | $117.1M | $113.2M |
| Liabilities | $14.9M | $13.6M | $14.2M | $12.2M | $13.7M | $15.4M | $49.4M | $47.5M |
| Equity | $44.3M | $42.6M | $42.9M | $40.4M | $39.5M | $40.1M | $67.8M | $65.7M |
Cash Flow
| Q1 2024 | Q2 2024 | Q3 2024 | Q4 2024 | Q1 2025 | Q2 2025 | Q3 2025 | Q4 2025 | |
|---|---|---|---|---|---|---|---|---|
| Operating CF | $-1.8M | $-4.3M | $1.3M | $-2.8M | $-802000 | $139000 | $-2.7M | $-7.3M |