vs

Side-by-side financial comparison of Star Equity Holdings, Inc. (STRR) and Xtant Medical Holdings, Inc. (XTNT). 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 $32.4M, roughly 1.8× Xtant Medical Holdings, Inc.). Xtant Medical Holdings, Inc. runs the higher net margin — 0.2% vs -3.0%, a 3.2% gap on every dollar of revenue. On growth, Star Equity Holdings, Inc. posted the faster year-over-year revenue change (69.0% vs 2.7%). Xtant Medical Holdings, Inc. produced more free cash flow last quarter ($5.0M vs $-9.0M). Over the past eight quarters, Star Equity Holdings, Inc.'s revenue compounded faster (29.5% CAGR vs 7.7%).

Artists Equity is an American production company founded by actors and filmmakers Ben Affleck and Matt Damon in November 2022.

Xtant Medical Holdings, Inc. is a global medical technology company that develops, manufactures and markets orthobiologic products, neurosurgery devices, and regenerative medicine solutions for orthopedic and neurological care providers. It serves patients and medical institutions across North America, Europe and the Asia-Pacific, with core segments covering spinal surgery supplies and bone regeneration products.

STRR vs XTNT — Head-to-Head

Bigger by revenue
STRR
STRR
1.8× larger
STRR
$56.8M
$32.4M
XTNT
Growing faster (revenue YoY)
STRR
STRR
+66.4% gap
STRR
69.0%
2.7%
XTNT
Higher net margin
XTNT
XTNT
3.2% more per $
XTNT
0.2%
-3.0%
STRR
More free cash flow
XTNT
XTNT
$13.9M more FCF
XTNT
$5.0M
$-9.0M
STRR
Faster 2-yr revenue CAGR
STRR
STRR
Annualised
STRR
29.5%
7.7%
XTNT

Income Statement — Q4 FY2025 vs Q4 FY2025

Metric
STRR
STRR
XTNT
XTNT
Revenue
$56.8M
$32.4M
Net Profit
$-1.7M
$57.0K
Gross Margin
54.9%
Operating Margin
-0.2%
-2.9%
Net Margin
-3.0%
0.2%
Revenue YoY
69.0%
2.7%
Net Profit YoY
-192.1%
101.8%
EPS (diluted)
$-0.49
$0.00

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.

Revenue
STRR
STRR
XTNT
XTNT
Q4 25
$56.8M
$32.4M
Q3 25
$48.0M
$33.3M
Q2 25
$35.5M
$35.4M
Q1 25
$31.9M
$32.9M
Q4 24
$33.6M
$31.5M
Q3 24
$36.9M
$27.9M
Q2 24
$35.7M
$29.9M
Q1 24
$33.9M
$27.9M
Net Profit
STRR
STRR
XTNT
XTNT
Q4 25
$-1.7M
$57.0K
Q3 25
$-1.8M
$1.3M
Q2 25
$-688.0K
$3.5M
Q1 25
$-1.8M
$58.0K
Q4 24
$-585.0K
$-3.2M
Q3 24
$-846.0K
$-5.0M
Q2 24
$-441.0K
$-3.9M
Q1 24
$-2.9M
$-4.4M
Gross Margin
STRR
STRR
XTNT
XTNT
Q4 25
54.9%
Q3 25
43.0%
66.1%
Q2 25
68.6%
Q1 25
61.5%
Q4 24
50.9%
Q3 24
50.5%
58.4%
Q2 24
62.1%
Q1 24
62.1%
Operating Margin
STRR
STRR
XTNT
XTNT
Q4 25
-0.2%
-2.9%
Q3 25
-3.4%
7.6%
Q2 25
-0.6%
13.1%
Q1 25
-5.4%
3.2%
Q4 24
-0.4%
-6.0%
Q3 24
-1.2%
-13.5%
Q2 24
-0.5%
-9.8%
Q1 24
-9.0%
-12.4%
Net Margin
STRR
STRR
XTNT
XTNT
Q4 25
-3.0%
0.2%
Q3 25
-3.7%
3.9%
Q2 25
-1.9%
10.0%
Q1 25
-5.5%
0.2%
Q4 24
-1.7%
-10.0%
Q3 24
-2.3%
-18.0%
Q2 24
-1.2%
-12.9%
Q1 24
-8.6%
-15.8%
EPS (diluted)
STRR
STRR
XTNT
XTNT
Q4 25
$-0.49
$0.00
Q3 25
$-0.54
$0.01
Q2 25
$-0.23
$0.02
Q1 25
$-0.59
$0.00
Q4 24
$-0.21
$-0.02
Q3 24
$-0.28
$-0.04
Q2 24
$-0.15
$-0.03
Q1 24
$-0.95
$-0.03

Balance Sheet & Financial Strength

Snapshot of each company's liquidity, leverage and book value from the latest quarter.

Metric
STRR
STRR
XTNT
XTNT
Cash + ST InvestmentsLiquidity on hand
$10.3M
$17.1M
Total DebtLower is stronger
$11.0M
Stockholders' EquityBook value
$65.7M
$51.0M
Total Assets
$113.2M
$94.1M
Debt / EquityLower = less leverage
0.22×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
STRR
STRR
XTNT
XTNT
Q4 25
$10.3M
$17.1M
Q3 25
$15.4M
$10.4M
Q2 25
$16.8M
$6.9M
Q1 25
$16.6M
$5.0M
Q4 24
$17.0M
$6.2M
Q3 24
$15.8M
$6.6M
Q2 24
$14.7M
$5.4M
Q1 24
$20.4M
$4.5M
Total Debt
STRR
STRR
XTNT
XTNT
Q4 25
$11.0M
Q3 25
$6.5M
$17.4M
Q2 25
$22.3M
Q1 25
$22.2M
Q4 24
$0
$22.0M
Q3 24
$19.1M
Q2 24
$21.8M
Q1 24
$16.8M
Stockholders' Equity
STRR
STRR
XTNT
XTNT
Q4 25
$65.7M
$51.0M
Q3 25
$67.8M
$50.4M
Q2 25
$40.1M
$48.5M
Q1 25
$39.5M
$43.9M
Q4 24
$40.4M
$43.0M
Q3 24
$42.9M
$45.7M
Q2 24
$42.6M
$45.0M
Q1 24
$44.3M
$47.7M
Total Assets
STRR
STRR
XTNT
XTNT
Q4 25
$113.2M
$94.1M
Q3 25
$117.1M
$106.3M
Q2 25
$55.6M
$103.5M
Q1 25
$53.2M
$95.8M
Q4 24
$52.6M
$93.8M
Q3 24
$52.6M
$98.9M
Q2 24
$52.6M
$95.6M
Q1 24
$52.6M
$93.9M
Debt / Equity
STRR
STRR
XTNT
XTNT
Q4 25
0.22×
Q3 25
0.10×
0.35×
Q2 25
0.46×
Q1 25
0.51×
Q4 24
0.00×
0.51×
Q3 24
0.42×
Q2 24
0.48×
Q1 24
0.35×

Cash Flow & Capital Efficiency

How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.

Metric
STRR
STRR
XTNT
XTNT
Operating Cash FlowLast quarter
$-7.3M
$5.4M
Free Cash FlowOCF − Capex
$-9.0M
$5.0M
FCF MarginFCF / Revenue
-15.8%
15.4%
Capex IntensityCapex / Revenue
3.0%
1.2%
Cash ConversionOCF / Net Profit
94.39×
TTM Free Cash FlowTrailing 4 quarters
$-13.0M
$10.2M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
STRR
STRR
XTNT
XTNT
Q4 25
$-7.3M
$5.4M
Q3 25
$-2.7M
$4.6M
Q2 25
$139.0K
$1.3M
Q1 25
$-802.0K
$1.3M
Q4 24
$-2.8M
$665.0K
Q3 24
$1.3M
$-1.7M
Q2 24
$-4.3M
$-5.1M
Q1 24
$-1.8M
$-5.8M
Free Cash Flow
STRR
STRR
XTNT
XTNT
Q4 25
$-9.0M
$5.0M
Q3 25
$-3.4M
$4.2M
Q2 25
$102.0K
$910.0K
Q1 25
$-808.0K
$87.0K
Q4 24
$-2.8M
$-7.0K
Q3 24
$1.3M
$-3.8M
Q2 24
$-4.3M
$-5.7M
Q1 24
$-1.8M
$-6.5M
FCF Margin
STRR
STRR
XTNT
XTNT
Q4 25
-15.8%
15.4%
Q3 25
-7.0%
12.6%
Q2 25
0.3%
2.6%
Q1 25
-2.5%
0.3%
Q4 24
-8.3%
-0.0%
Q3 24
3.4%
-13.7%
Q2 24
-12.0%
-18.9%
Q1 24
-5.3%
-23.4%
Capex Intensity
STRR
STRR
XTNT
XTNT
Q4 25
3.0%
1.2%
Q3 25
1.3%
1.3%
Q2 25
0.1%
1.0%
Q1 25
0.0%
3.6%
Q4 24
0.1%
2.1%
Q3 24
0.0%
7.5%
Q2 24
0.0%
1.9%
Q1 24
0.0%
2.8%
Cash Conversion
STRR
STRR
XTNT
XTNT
Q4 25
94.39×
Q3 25
3.53×
Q2 25
0.36×
Q1 25
22.03×
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

STRR
STRR

Revenue From Other Contracts With Customers$27.6M49%
Other$24.3M43%
Energy Services Segment$4.9M9%

XTNT
XTNT

Orthobiologics$18.3M57%
Spinal Implant$9.4M29%
License Revenue$4.6M14%

Related Comparisons