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Side-by-side financial comparison of STEM, INC. (STEM) and Star Equity Holdings, Inc. (STRR). Click either name above to swap in a different company.
Star Equity Holdings, Inc. is the larger business by last-quarter revenue ($56.8M vs $47.1M, roughly 1.2× STEM, INC.). Star Equity Holdings, Inc. runs the higher net margin — -3.0% vs -33.9%, a 30.9% gap on every dollar of revenue. On growth, Star Equity Holdings, Inc. posted the faster year-over-year revenue change (69.0% vs -15.6%). Over the past eight quarters, STEM, INC.'s revenue compounded faster (36.1% CAGR vs 29.5%).
StemCells, Inc. is a public biopharmaceutical company headquartered in Newark, California, that is developing purified human neural stem cells (HuCNS-SCs) in the hopes of treating central nervous system disorders and paralysis. StemCells' HuCNS-SCs have the ability to differentiate into the three main types of cells found in the central nervous system: neurons, astrocytes and oligodendrocytes.
Artists Equity is an American production company founded by actors and filmmakers Ben Affleck and Matt Damon in November 2022.
STEM vs STRR — Head-to-Head
Income Statement — Q4 FY2025 vs Q4 FY2025
| Metric | | |
|---|---|---|
| Revenue | $47.1M | $56.8M |
| Net Profit | $-16.0M | $-1.7M |
| Gross Margin | 48.9% | — |
| Operating Margin | -17.7% | -0.2% |
| Net Margin | -33.9% | -3.0% |
| Revenue YoY | -15.6% | 69.0% |
| Net Profit YoY | 68.8% | -192.1% |
| EPS (diluted) | $-4.40 | $-0.49 |
Green = leading value per metric. Periods may differ when fiscal calendars don't align.
8-Quarter Revenue & Profit Trend
Side-by-side quarterly history. Quarters aligned by calendar period so offset fiscal years line up.
| Q4 25 | $47.1M | $56.8M | ||
| Q3 25 | $38.2M | $48.0M | ||
| Q2 25 | $38.4M | $35.5M | ||
| Q1 25 | $32.5M | $31.9M | ||
| Q4 24 | $55.8M | $33.6M | ||
| Q3 24 | $29.3M | $36.9M | ||
| Q2 24 | $34.0M | $35.7M | ||
| Q1 24 | $25.5M | $33.9M |
| Q4 25 | $-16.0M | $-1.7M | ||
| Q3 25 | $-23.8M | $-1.8M | ||
| Q2 25 | $202.5M | $-688.0K | ||
| Q1 25 | $-25.0M | $-1.8M | ||
| Q4 24 | $-51.1M | $-585.0K | ||
| Q3 24 | $-148.3M | $-846.0K | ||
| Q2 24 | $-582.3M | $-441.0K | ||
| Q1 24 | $-72.3M | $-2.9M |
| Q4 25 | 48.9% | — | ||
| Q3 25 | 35.5% | 43.0% | ||
| Q2 25 | 33.4% | — | ||
| Q1 25 | 32.4% | — | ||
| Q4 24 | -4.4% | — | ||
| Q3 24 | 21.2% | 50.5% | ||
| Q2 24 | 27.6% | — | ||
| Q1 24 | -95.0% | — |
| Q4 25 | -17.7% | -0.2% | ||
| Q3 25 | -33.6% | -3.4% | ||
| Q2 25 | -34.8% | -0.6% | ||
| Q1 25 | -65.0% | -5.4% | ||
| Q4 24 | -84.4% | -0.4% | ||
| Q3 24 | -493.2% | -1.2% | ||
| Q2 24 | -1705.5% | -0.5% | ||
| Q1 24 | -267.0% | -9.0% |
| Q4 25 | -33.9% | -3.0% | ||
| Q3 25 | -62.2% | -3.7% | ||
| Q2 25 | 527.8% | -1.9% | ||
| Q1 25 | -76.9% | -5.5% | ||
| Q4 24 | -91.6% | -1.7% | ||
| Q3 24 | -506.3% | -2.3% | ||
| Q2 24 | -1712.6% | -1.2% | ||
| Q1 24 | -283.9% | -8.6% |
| Q4 25 | $-4.40 | $-0.49 | ||
| Q3 25 | $-2.84 | $-0.54 | ||
| Q2 25 | $-1.79 | $-0.23 | ||
| Q1 25 | $-0.15 | $-0.59 | ||
| Q4 24 | $-15.29 | $-0.21 | ||
| Q3 24 | $-18.24 | $-0.28 | ||
| Q2 24 | $-71.81 | $-0.15 | ||
| Q1 24 | $-0.46 | $-0.95 |
Balance Sheet & Financial Strength
Snapshot of each company's liquidity, leverage and book value from the latest quarter.
| Metric | | |
|---|---|---|
| Cash + ST InvestmentsLiquidity on hand | $48.9M | $10.3M |
| Total DebtLower is stronger | — | — |
| Stockholders' EquityBook value | $-249.4M | $65.7M |
| Total Assets | $308.9M | $113.2M |
| Debt / EquityLower = less leverage | — | — |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $48.9M | $10.3M | ||
| Q3 25 | $43.1M | $15.4M | ||
| Q2 25 | $40.8M | $16.8M | ||
| Q1 25 | $58.6M | $16.6M | ||
| Q4 24 | $56.3M | $17.0M | ||
| Q3 24 | $75.4M | $15.8M | ||
| Q2 24 | $89.6M | $14.7M | ||
| Q1 24 | $112.8M | $20.4M |
| Q4 25 | — | — | ||
| Q3 25 | — | $6.5M | ||
| Q2 25 | — | — | ||
| Q1 25 | — | — | ||
| Q4 24 | — | $0 | ||
| Q3 24 | — | — | ||
| Q2 24 | — | — | ||
| Q1 24 | — | — |
| Q4 25 | $-249.4M | $65.7M | ||
| Q3 25 | $-235.7M | $67.8M | ||
| Q2 25 | $-214.1M | $40.1M | ||
| Q1 25 | $-417.5M | $39.5M | ||
| Q4 24 | $-398.4M | $40.4M | ||
| Q3 24 | $-344.1M | $42.9M | ||
| Q2 24 | $-203.2M | $42.6M | ||
| Q1 24 | $371.6M | $44.3M |
| Q4 25 | $308.9M | $113.2M | ||
| Q3 25 | $362.6M | $117.1M | ||
| Q2 25 | $379.2M | $55.6M | ||
| Q1 25 | $405.1M | $53.2M | ||
| Q4 24 | $437.4M | $52.6M | ||
| Q3 24 | $537.8M | $52.6M | ||
| Q2 24 | $691.5M | $52.6M | ||
| Q1 24 | $1.3B | $52.6M |
| Q4 25 | — | — | ||
| Q3 25 | — | 0.10× | ||
| Q2 25 | — | — | ||
| Q1 25 | — | — | ||
| Q4 24 | — | 0.00× | ||
| Q3 24 | — | — | ||
| Q2 24 | — | — | ||
| Q1 24 | — | — |
Cash Flow & Capital Efficiency
How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.
| Metric | | |
|---|---|---|
| Operating Cash FlowLast quarter | $8.2M | $-7.3M |
| Free Cash FlowOCF − Capex | — | $-9.0M |
| FCF MarginFCF / Revenue | — | -15.8% |
| Capex IntensityCapex / Revenue | — | 3.0% |
| Cash ConversionOCF / Net Profit | — | — |
| TTM Free Cash FlowTrailing 4 quarters | — | $-13.0M |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $8.2M | $-7.3M | ||
| Q3 25 | $11.4M | $-2.7M | ||
| Q2 25 | $-21.3M | $139.0K | ||
| Q1 25 | $8.5M | $-802.0K | ||
| Q4 24 | $-14.7M | $-2.8M | ||
| Q3 24 | $-9.4M | $1.3M | ||
| Q2 24 | $-11.9M | $-4.3M | ||
| Q1 24 | $-621.0K | $-1.8M |
| Q4 25 | — | $-9.0M | ||
| Q3 25 | — | $-3.4M | ||
| Q2 25 | — | $102.0K | ||
| Q1 25 | — | $-808.0K | ||
| Q4 24 | — | $-2.8M | ||
| Q3 24 | — | $1.3M | ||
| Q2 24 | — | $-4.3M | ||
| Q1 24 | — | $-1.8M |
| Q4 25 | — | -15.8% | ||
| Q3 25 | — | -7.0% | ||
| Q2 25 | — | 0.3% | ||
| Q1 25 | — | -2.5% | ||
| Q4 24 | — | -8.3% | ||
| Q3 24 | — | 3.4% | ||
| Q2 24 | — | -12.0% | ||
| Q1 24 | — | -5.3% |
| Q4 25 | — | 3.0% | ||
| Q3 25 | — | 1.3% | ||
| Q2 25 | — | 0.1% | ||
| Q1 25 | — | 0.0% | ||
| Q4 24 | — | 0.1% | ||
| Q3 24 | — | 0.0% | ||
| Q2 24 | — | 0.0% | ||
| Q1 24 | — | 0.0% |
| Q4 25 | — | — | ||
| Q3 25 | — | — | ||
| Q2 25 | -0.11× | — | ||
| Q1 25 | — | — | ||
| Q4 24 | — | — | ||
| Q3 24 | — | — | ||
| Q2 24 | — | — | ||
| Q1 24 | — | — |
Financial Flow Comparison
Revenue → gross profit → operating profit → net profit for each company.
Revenue Breakdown by Segment
STEM
Segment breakdown not available.
STRR
| Revenue From Other Contracts With Customers | $27.6M | 49% |
| Other | $24.3M | 43% |
| Energy Services Segment | $4.9M | 9% |
