Star Holdings (STHO) Financial Statements
Industry: Lessors of Real Property (Other)
In fiscal 2025, Star reported revenue of $110.1M, down 2.8% from $113.3M the year before. Net income was -$64.2M (a -58.3% net margin), or -$4.90 per diluted share. Gross margin was -5.4% and operating margin was -23.3%. Operating activities generated -$11.7M of cash. At fiscal year end, Star held $570.2M in total assets against $304.3M in total liabilities, including $50.1M of cash and equivalents.
Open the full interactive Star financials → Quarterly statements, key ratios, valuation history and price charts.
Star Key Stats
| Share Price | $8.19 |
|---|---|
| Market Cap | $98.9M |
| Revenue YoY Growth | -2.8% |
| 52-Week Range | $7.01 – $9.93 |
| Shares Outstanding | 12.1 million (basic, 2026 Q2) |
Star Income Statement
| FY 2023 | FY 2024 | FY 2025 | |
|---|---|---|---|
| Revenue | $123.1M | $113.3M | $110.1M |
| Cost of Goods Sold | $176.7M | $138.8M | $116.0M |
| Gross Profit | -$53.6M | -$25.5M | -$5.9M |
| Operating Income | -$94.4M | -$51.0M | -$25.7M |
| Pre-Tax Income | -$196.3M | -$88.4M | -$70.7M |
| Income Tax | $66,000 | $2,000 | $27,000 |
| Net Income | -$196.4M | -$86.8M | -$64.2M |
| Diluted EPS | -$14.74 | -$6.51 | -$4.90 |
Star Quarterly Results
| 2025 Q3 | 2025 Q4 | 2026 Q1 | 2026 Q2 | |
|---|---|---|---|---|
| Revenue | $28.1M | $25.4M | $20.9M | $19.4M |
| Net Income | $1.8M | -$19.1M | -$10.3M | $41.4M |
| Diluted EPS | $0.14 | -$1.46 | -$0.85 | $3.43 |
Star Balance Sheet
| FY 2023 | FY 2024 | FY 2025 | |
|---|---|---|---|
| Cash & Equivalents | $50.7M | $35.0M | $50.1M |
| Total Assets | $669.2M | $608.7M | $570.2M |
| Total Long-Term Debt | $192.9M | $217.3M | $268.7M |
| Total Liabilities | $235.4M | $263.7M | $304.3M |
| Shareholders' Equity | $411.6M | $324.3M | $251.8M |
Star Cash Flow Statement
| FY 2023 | FY 2024 | FY 2025 | |
|---|---|---|---|
| Cash From Operations | -$18.7M | -$31.3M | -$11.7M |
| Cash From Investing | $186.0M | $306,000 | -$1.5M |
| Cash From Financing | -$114.1M | $15.8M | $34.8M |
Figures from Star's 10-K and 10-Q filings with the SEC, as of 2026-10-14. Fiscal years follow the company's own reporting calendar. EPS and share counts are adjusted for later stock splits. See the full Star financials page for every line item.
Star Company Profile
| Ticker | STHO |
|---|---|
| Exchange | Nasdaq |
| Industry | Lessors of Real Property (Other) |
| Headquarters | New York, New York |
| Incorporated in | Maryland |
| Fiscal Year End | December 31 |
| SEC Filer Category | Emerging growth company |
| SEC CIK | 0001953366 |
Frequently Asked Questions
What was Star's revenue in fiscal 2025?
Star (STHO) reported revenue of $110.1M for fiscal 2025.
What is Star's annual revenue history?
Star's annual revenue by fiscal year: 2023: $123.1M; 2024: $113.3M; 2025: $110.1M.
What was Star's net income in fiscal 2025?
Star reported net income of -$64.2M for fiscal 2025.
What was Star's earnings per share (EPS) in fiscal 2025?
Star's diluted EPS was -$4.90 for fiscal 2025 (adjusted for any later stock splits).
What was Star's revenue last quarter?
In its most recent reported quarter (2026 Q2), Star reported revenue of $19.4M.
How much debt does Star have?
Star reported $268.7M of long-term debt, including the current portion, at the end of fiscal 2025.
How many shares of Star are outstanding?
Star reported a weighted average of 12.1 million basic shares outstanding in 2026 Q2.
What is Star's market cap?
Based on its latest closing price, Star (STHO) has a market capitalization of about $98.9M.
When does Star's fiscal year end?
Star's fiscal year end, as registered with the SEC, is December 31.
Where is Star headquartered?
Star lists its business address in New York, New York in its SEC filings.