Star Holdings Shares of Beneficial Interest financials
$8.48+0.12%
Close Sep 29, 2026 · split-adjustedRevenue
Net income
Income statement & cash flow
| Quarter | Q2 '26 Jun 30 | Q1 '26 Mar 31 | Q4 '25 Dec 31 | Q3 '25 Sep 30 | Q2 '25 Jun 30 | Q1 '25 Mar 31 | Q4 '24 Dec 31 | Q3 '24 Sep 30 | Q2 '24 Jun 30 | Q1 '24 Mar 31 | Q4 '23 Dec 31 | Q3 '23 Sep 30 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $19.4M | $20.9M | $25.4M | $28.1M | $42.1M | $14.6M | $32.8M | $24.6M | $30.6M | $25.4M | $37.2M | $43.6M |
| Gross profit | $5.3M | $92.0K | $12.1M | $10.4M | $11.2M | -$1.9M | $12.2M | $3.5M | -$634.0K | $1.3M | $2.9M | $11.8M |
| Gross margin | 27.4% | 0.4% | 47.5% | 36.8% | 26.6% | −13.0% | 37.1% | 14.4% | −2.1% | 5.2% | 7.8% | 27.1% |
| Operating income | $1.8M | -$6.2M | $7.0M | $5.9M | $7.0M | -$7.5M | $6.0M | -$2.1M | -$6.4M | -$7.3M | -$5.6M | $3.1M |
| Net income | $41.4M | -$10.3M | -$19.1M | $1.8M | -$39.3M | -$7.6M | -$102.6M | $91.9M | -$27.1M | -$49.0M | $66.1M | -$81.8M |
| Net margin | 214.1% | −49.0% | −75.5% | 6.4% | −93.5% | −52.0% | −313.0% | 374.3% | −88.8% | −192.6% | 177.7% | −187.8% |
| Diluted EPS | $3.43 | $-0.85 | $-1.51 | $0.14 | $-2.95 | $-0.57 | $-7.70 | $6.90 | $-2.04 | $-3.68 | $4.97 | $-6.14 |
| EBITDA | $2.7M | -$4.0M | $9.2M | $7.0M | $7.9M | -$6.5M | $7.0M | -$1.1M | -$5.2M | -$6.2M | -$5.6M | $4.2M |
| Operating cash flow | -$2.8M | -$8.4M | -$8.0M | $5.3M | -$2.6M | -$6.3M | -$6.9M | -$3.8M | -$6.4M | -$14.2M | -$5.7M | -$8.3M |
| Free cash flow | -$4.3M | -$9.7M | -$13.9M | -$5.3M | -$24.4M | -$22.8M | -$24.2M | -$15.8M | -$6.8M | -$20.4M | -$11.7M | -$9.0M |
| Diluted shares | 12.1M | 12.1M | 12.6M | 13.2M | 13.3M | 13.3M | 13.3M | 13.3M | 13.3M | 13.3M | 13.3M | 13.3M |
Balance sheet
| Period end | Jun 30 | Mar 31 | Dec 31 | Sep 30 | Jun 30 | Mar 31 |
|---|---|---|---|---|---|---|
| Cash & equivalents | $34.8M | $46.4M | $50.1M | $40.6M | $44.2M | $30.3M |
| Short-term investments | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 |
| Total debt | $208.8M | $207.0M | $268.7M | $259.3M | $245.4M | $231.5M |
| Total assets | $508.2M | $480.4M | $570.2M | $595.9M | $589.9M | $618.2M |
| Total liabilities | $225.2M | $240.2M | $304.3M | $302.2M | $294.0M | $281.9M |
| Shareholders' equity | $283.0M | $240.2M | $265.9M | $293.7M | $295.9M | $336.4M |
From SEC filings via Massive. Fiscal periods follow the company's own calendar; free cash flow is operating cash flow minus capital expenditure.
Sources: Massive / Polygon daily aggregates (split-adjusted) · SEC filings via Massive · FINRA settlements via Massive · Financial Modeling Prep. Figures are dated where shown; research is informational, not investment advice. Methodology