Star Equity Holdings, Inc. reported that its Board of Directors declared a cash dividend of $0.25 per share on its 10% Series A Cumulative Perpetual Preferred Stock. The dividend will be paid on June 10, 2026 to holders of record on June 1, 2026.
The company describes itself as a diversified holding company with four divisions: Building Solutions, Business Services, Energy Services, and Investments, each focused on different industrial, services, and investment activities.
Star Equity Holdings, Inc. reported that its Board of Directors declared a cash dividend of $0.25 per share on its 10% Series A Cumulative Perpetual Preferred Stock. The dividend will be paid on June 10, 2026 to holders of record on June 1, 2026.
The company describes itself as a diversified holding company with four divisions: Building Solutions, Business Services, Energy Services, and Investments, each focused on different industrial, services, and investment activities.
Star Equity Holdings, Inc. reported sharply higher activity but a wider loss for the three months ended March 31, 2026. Revenue rose to $50.1 million from $31.9 million, driven by the addition of Building Solutions and Energy Services from the SOC merger and growth in Business Services.
Operating loss increased to $4.0 million from $1.7 million, and net loss widened to $3.8 million versus $1.8 million. After paying $0.25 per share in Series A preferred dividends, net loss attributable to common shareholders was $4.4 million, or $(1.17) per share, compared with $(0.59) per share a year earlier.
Cash, cash equivalents and restricted cash totaled $10.3 million at quarter-end, with total debt of $12.4 million. Operating activities used $1.4 million of cash, while investing activities provided $1.9 million, helped by a $3.2 million real-estate sale‑leaseback. The SOC acquisition, finalized in 2025 for about $32.2 million, contributed $15.1 million of Q1 2026 revenue but a $2.2 million net loss.
Star Equity Holdings, Inc. reported sharply higher activity but a wider loss for the three months ended March 31, 2026. Revenue rose to $50.1 million from $31.9 million, driven by the addition of Building Solutions and Energy Services from the SOC merger and growth in Business Services.
Operating loss increased to $4.0 million from $1.7 million, and net loss widened to $3.8 million versus $1.8 million. After paying $0.25 per share in Series A preferred dividends, net loss attributable to common shareholders was $4.4 million, or $(1.17) per share, compared with $(0.59) per share a year earlier.
Cash, cash equivalents and restricted cash totaled $10.3 million at quarter-end, with total debt of $12.4 million. Operating activities used $1.4 million of cash, while investing activities provided $1.9 million, helped by a $3.2 million real-estate sale‑leaseback. The SOC acquisition, finalized in 2025 for about $32.2 million, contributed $15.1 million of Q1 2026 revenue but a $2.2 million net loss.
Star Equity Holdings, Inc. reported a much larger loss despite strong growth for the quarter ended March 31, 2026. Revenue rose to $50.1 million, up 57.1% from the first quarter of 2025, while gross profit increased to $20.6 million, up 25.4%.
Net loss attributable to common shareholders widened to $4.4 million, or $1.17 per diluted share, compared with a loss of $1.8 million, or $0.59 per share, a year earlier. Adjusted net loss per diluted share was $0.99 versus $0.38, and adjusted EBITDA loss increased to $1.6 million from $0.7 million.
Building Solutions generated $11.6 million of revenue with an adjusted EBITDA loss of $0.9 million and quarter-end backlog of $8.0 million. Business Services delivered $35.0 million of revenue and an adjusted EBITDA loss of $0.3 million, while Energy Services produced $3.5 million of revenue and $1.0 million of adjusted EBITDA.
The company ended the quarter with $10.3 million in total cash, including restricted cash, and used $1.4 million in operating cash flow. It repurchased 70,424 shares for about $0.7 million and highlighted approximately $215 million of U.S. net operating loss carryforwards as of December 31, 2025.
Star Equity Holdings, Inc. reported a much larger loss despite strong growth for the quarter ended March 31, 2026. Revenue rose to $50.1 million, up 57.1% from the first quarter of 2025, while gross profit increased to $20.6 million, up 25.4%.
Net loss attributable to common shareholders widened to $4.4 million, or $1.17 per diluted share, compared with a loss of $1.8 million, or $0.59 per share, a year earlier. Adjusted net loss per diluted share was $0.99 versus $0.38, and adjusted EBITDA loss increased to $1.6 million from $0.7 million.
Building Solutions generated $11.6 million of revenue with an adjusted EBITDA loss of $0.9 million and quarter-end backlog of $8.0 million. Business Services delivered $35.0 million of revenue and an adjusted EBITDA loss of $0.3 million, while Energy Services produced $3.5 million of revenue and $1.0 million of adjusted EBITDA.
The company ended the quarter with $10.3 million in total cash, including restricted cash, and used $1.4 million in operating cash flow. It repurchased 70,424 shares for about $0.7 million and highlighted approximately $215 million of U.S. net operating loss carryforwards as of December 31, 2025.
Eberwein Jeffrey E. reported acquisition or exercise transactions in this Form 4 filing.
Star Equity Holdings, Inc. reported that CEO and director Jeffrey E. Eberwein received a grant of 6,504 shares of restricted common stock as part of his compensation. He elected to receive fifty percent of his base salary in this form, and his direct holdings increased to 1,040,981 shares.
The restricted stock was credited under the company’s 2009 Incentive Stock and Awards Plan, as amended and restated. Each restricted share will vest on the first anniversary of the grant date and then settle into one share of common stock.
Eberwein Jeffrey E. reported acquisition or exercise transactions in this Form 4 filing.
Star Equity Holdings, Inc. reported that CEO and director Jeffrey E. Eberwein received a grant of 6,504 shares of restricted common stock as part of his compensation. He elected to receive fifty percent of his base salary in this form, and his direct holdings increased to 1,040,981 shares.
The restricted stock was credited under the company’s 2009 Incentive Stock and Awards Plan, as amended and restated. Each restricted share will vest on the first anniversary of the grant date and then settle into one share of common stock.
Star Equity Holdings, Inc. insider Jacob Zabkowicz reported an open-market purchase of common stock. On March 31, 2026, he bought 150 shares at $10.61 per share. Following the trade, he directly owns 180,863 shares, including 135,456 RSUs and 45,407 common shares credited under a 2009 plan.
Star Equity Holdings, Inc. insider Jacob Zabkowicz reported an open-market purchase of common stock. On March 31, 2026, he bought 150 shares at $10.61 per share. Following the trade, he directly owns 180,863 shares, including 135,456 RSUs and 45,407 common shares credited under a 2009 plan.
Star Equity Holdings, Inc. CEO and 10% owner Jeffrey E. Eberwein executed an open-market sale of 7,722 shares of Series A Preferred Stock at $9.95 per share. After this transaction on March 30, 2026, he directly holds 764,217 preferred shares.
Star Equity Holdings, Inc. CEO and 10% owner Jeffrey E. Eberwein executed an open-market sale of 7,722 shares of Series A Preferred Stock at $9.95 per share. After this transaction on March 30, 2026, he directly holds 764,217 preferred shares.
Star Equity Holdings, Inc. furnished an investor presentation outlining its diversified holding company strategy, financial profile, and long-term targets. The company highlights four divisions—Building Solutions, Business Services, Energy Services, and Investments—and emphasizes organic growth, acquisitions, and share repurchases.
For 2025 pro forma, Star Equity presents revenue of $224.7 million, gross profit of $95.0 million, and total adjusted EBITDA of $12.6 million, with a Vision 2030 goal of roughly $40 million in adjusted EBITDA. Management notes approximately $215 million of U.S. net operating loss carryforwards, which it estimates could translate into about $45 million of cash tax savings, or roughly $12.18 per share.
The presentation describes a three-pronged strategy to grow existing operating companies, pursue targeted investments, and acquire both public and private businesses, particularly microcaps. It also details portfolio optimization efforts, including prior divestitures, real estate sale‑leasebacks, and private and public investments managed through Star Equity Fund.
Star Equity Holdings, Inc. furnished an investor presentation outlining its diversified holding company strategy, financial profile, and long-term targets. The company highlights four divisions—Building Solutions, Business Services, Energy Services, and Investments—and emphasizes organic growth, acquisitions, and share repurchases.
For 2025 pro forma, Star Equity presents revenue of $224.7 million, gross profit of $95.0 million, and total adjusted EBITDA of $12.6 million, with a Vision 2030 goal of roughly $40 million in adjusted EBITDA. Management notes approximately $215 million of U.S. net operating loss carryforwards, which it estimates could translate into about $45 million of cash tax savings, or roughly $12.18 per share.
The presentation describes a three-pronged strategy to grow existing operating companies, pursue targeted investments, and acquire both public and private businesses, particularly microcaps. It also details portfolio optimization efforts, including prior divestitures, real estate sale‑leasebacks, and private and public investments managed through Star Equity Fund.
Star Equity Holdings, Inc., through its subsidiary Alliance Drilling Tools, completed sale and leaseback transactions for two properties in Texas and Utah on March 27, 2026. The Midland, Texas property was sold for $1.14 million and the Vernal, Utah property for $0.55 million, with prices subject to tax and other adjustments.
Alliance Drilling Tools simultaneously entered into 20-year, single-tenant triple net leases for both properties, guaranteed by Star Equity, with four optional five-year extensions. Under these leases, the subsidiary is responsible for rent plus insurance, taxes, utilities, and other property-related expenses.
Star Equity Holdings, Inc., through its subsidiary Alliance Drilling Tools, completed sale and leaseback transactions for two properties in Texas and Utah on March 27, 2026. The Midland, Texas property was sold for $1.14 million and the Vernal, Utah property for $0.55 million, with prices subject to tax and other adjustments.
Alliance Drilling Tools simultaneously entered into 20-year, single-tenant triple net leases for both properties, guaranteed by Star Equity, with four optional five-year extensions. Under these leases, the subsidiary is responsible for rent plus insurance, taxes, utilities, and other property-related expenses.
Star Equity Holdings director Todd Michael Fruhbeis increased his stake through a mix of option-like vesting and open‑market buying. On March 25, he acquired 460 shares of common stock at $0.00 per share upon settlement of Restricted Stock Units that fully vested that day. He then made six open‑market purchases from March 25–27 totaling 2,400 common shares at prices between $9.76 and $10.17 per share. After these transactions, he directly holds 13,073 common shares. Footnotes indicate an additional 7,012 Restricted Stock Units are credited to his account, each convertible into one share of common stock at future settlement.
Star Equity Holdings director Todd Michael Fruhbeis increased his stake through a mix of option-like vesting and open‑market buying. On March 25, he acquired 460 shares of common stock at $0.00 per share upon settlement of Restricted Stock Units that fully vested that day. He then made six open‑market purchases from March 25–27 totaling 2,400 common shares at prices between $9.76 and $10.17 per share. After these transactions, he directly holds 13,073 common shares. Footnotes indicate an additional 7,012 Restricted Stock Units are credited to his account, each convertible into one share of common stock at future settlement.
Star Equity Holdings, Inc. Chief Legal Officer Hannah M. Bible reported routine equity compensation activity. On March 25, 2026, she exercised 312 Restricted Stock Units into 312 shares of common stock and received a separate award of 1,621 common shares at no cost, increasing her direct holdings to 2,841 shares. The filing notes that 115 shares were withheld at $9.71 per share to cover minimum tax obligations on vesting, and that no shares were sold on the market. Footnotes also describe new time-based RSU grants and remaining tranches from prior RSU awards that vest over future anniversaries, tying ongoing ownership to continued service.
Star Equity Holdings, Inc. Chief Legal Officer Hannah M. Bible reported routine equity compensation activity. On March 25, 2026, she exercised 312 Restricted Stock Units into 312 shares of common stock and received a separate award of 1,621 common shares at no cost, increasing her direct holdings to 2,841 shares. The filing notes that 115 shares were withheld at $9.71 per share to cover minimum tax obligations on vesting, and that no shares were sold on the market. Footnotes also describe new time-based RSU grants and remaining tranches from prior RSU awards that vest over future anniversaries, tying ongoing ownership to continued service.