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Star Equity Reports $54.9 Million Revenue in Second Quarter 2026

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Star Equity Holdings (STRR) reported second-quarter 2026 revenue of $54.9 million, up 54.6% from the year-earlier quarter. The company recorded a net loss of $1.8 million and a net loss attributable to common shareholders of $2.5 million, or $0.66 per diluted share.

Gross profit rose 22.3% year over year to $22.8 million. The company reported $8.9 million in total cash, including restricted cash, at June 30, 2026.

  • Building Solutions revenue was $14.6 million, while Business Services revenue was $36.4 million.
  • Energy Services revenue was $3.9 million and gross profit was $1.9 million.
  • Adjusted EBITDA, a non-GAAP measure, was $2.2 million, compared with $1.3 million a year earlier.
  • Second-quarter share repurchases totaled 15,833 shares for approximately $0.2 million.
  • Approximately $1.6 million remained under the company’s $3 million share repurchase program at quarter-end.

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