Monitor future filings for actual quarterly results and M&A execution against the 2030 adjusted EBITDA target of ~$40M. The presentation contains no new guidance or catalysts.
Price Chart
Executive Summary
Star Equity Holdings filed an 8-K furnishing an investor presentation that outlines its strategy as a diversified holding company. The presentation highlights Q2 2026 TTM pro forma revenue of $223.9M, gross profit of $92.9M, and adjusted EBITDA of $5.9M, alongside a long-term goal of reaching ~$40M in adjusted EBITDA by 2030. The filing is a routine business update with no new material financial results or transactions.
Key Facts
- Q2 2026 TTM pro forma revenue: $223.9M
- Q2 2026 TTM pro forma gross profit: $92.9M
- Q2 2026 TTM pro forma adjusted EBITDA: $5.9M
- Q2 2026 TTM pro forma adjusted EPS: ($1.07)
- Pro forma net loss attributable to common shareholders (TTM): ($11.7M)
- Cash: $8.9M as of 6/30/2026
- Total debt on operating businesses: $14.1M as of 6/30/2026
- Preferred stock (liquidation preference): $24.6M as of 6/30/2026
- Common shares outstanding: 3.7M as of 7/31/2026
- Stock price: $9.75 as of 9/30/2026
- Market capitalization: $36.0M as of 9/30/2026
- Adjusted enterprise value: $18.8M as of 6/30/2026
- Insiders own ~35% of common stock as of 9/21/2026
- Approximately $11M repurchased since 2019
- $215M of usable NOLs as of 12/31/2025
- 2030E adjusted EBITDA goal: ~$40M (excluding acquisitions)
Financial Impact
No new financial results or transactions; presentation reiterates existing Q2 2026 TTM PF figures and long-term goals.
Risk Factors
- Company has a history of annual net losses and negative cash flows
- Forward-looking adjusted EBITDA targets are aspirational and not reconciled to GAAP
- Low trading volume and micro-cap liquidity risk
Investment Themes
Documents Analyzed
This report is based on 5 SEC documents filed with EDGAR.
| Document | Accession Number |
|---|---|
| 8-K Filing (Primary) | 0001210708-26-000086 |
| Document: strr-20261014.htm | 0001210708-26-000086 |
| Document: 0001210708-26-000086-index-headers.html | 0001210708-26-000086 |
| Document: 0001210708-26-000086-index.html | 0001210708-26-000086 |
| Document: 0001210708-26-000086.txt | 0001210708-26-000086 |
Filters
| Type | Now | ||||
|---|---|---|---|---|---|
Oct 26, 2026 1d ago | Press Release | $10.04 | awaiting T+1 | — | $9.28 (−7.57%) |
Oct 19, 2026 7d ago | S-4 | $9.94 $9.79 | ▼ −1.51% | ▼ −2.03% | $9.28 (−6.64%) |
Oct 14, 2026 12d ago | 8-K | $9.99 $9.81 | ▼ −1.80% | ▼ −0.70% | $9.28 (−7.11%) |
Sep 22, 2026 4w ago | 8-K | $10.33 $10.17 | ▼ −1.50% | ▼ −1.42% | $9.28 (−10.12%) |
Aug 14, 2026 10w ago | 8-K | $9.80 $9.82 | ▼ −0.20% | ▼ −0.68% | $9.28 (+5.31%) |
Aug 7, 2026 11w ago | Press Release | $11.30 $11.30 | ▲ +0.01% | ▲ +0.04% | $9.28 (−17.88%) |
Jun 29, 2026 17w ago | 8-K | $10.66 $10.73 | ▲ +0.66% | ▲ +0.79% | $9.28 (−12.95%) |
Jun 15, 2026 19w ago | Insider Cluster | $11.05 $11.08 | ▲ +0.27% | ▲ +1.52% | $9.28 (−16.02%) |
Jun 12, 2026 19w ago | Insider Cluster | $11.02 $11.05 | ▲ +0.27% | ▲ +0.87% | $9.28 (−15.79%) |
Jun 12, 2026 19w ago | Insider Cluster | $11.02 $11.05 | ▲ +0.27% | ▲ +0.87% | $9.28 (−15.79%) |
US Market Status
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