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
$48.0M
Gross Profit
$20.6M
Operating Profit
$-1.6M
Net Profit
$-1.8M
Gross Margin
43.0%
Operating Margin
-3.4%
Net Margin
-3.7%
YoY Growth
30.1%
EPS
$-0.54
Star Equity Holdings, Inc. Q3 FY2025 Financial Summary
Star Equity Holdings, Inc. reported revenue of $48.0M (up 30.1% YoY) for Q3 FY2025, with a net profit of $-1.8M (down 108.5% YoY) (-3.7% margin). Cost of goods sold was $27.3M, operating expenses totaled $22.3M.
Key Financial Metrics
| Total Revenue | $48.0M |
|---|---|
| Net Profit | $-1.8M |
| Gross Margin | 43.0% |
| Operating Margin | -3.4% |
| Report Period | Q3 FY2025 |
Revenue Breakdown
Star Equity Holdings, Inc. Q3 FY2025 revenue of $48.0M breaks down across 4 segments, led by Revenue From Contracting Customers at $19.1M (39.8% of total).
| Segment | Revenue | % of Total |
|---|---|---|
| Revenue From Contracting Customers | $19.1M | 39.8% |
| Revenue From RPO Customers | $17.9M | 37.4% |
| Revenue From Other Contracts With Customers | $9.6M | 20.0% |
| Energy Services Segment | $1.3M | 2.7% |
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 Revenue From Contracting Customers and Revenue From RPO Customers) has evolved quarter over quarter.
| Segment | Q4 FY2025 | Q3 FY2025 | Q2 FY2025 | Q1 FY2025 |
|---|---|---|---|---|
| Revenue From Contracting Customers | — | $19.1M | — | — |
| Revenue From RPO Customers | — | $17.9M | — | — |
| Revenue From Other Contracts With Customers | $27.6M | $9.6M | — | — |
| Energy Services Segment | $4.9M | $1.3M | — | — |
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 |