STRR earnings analysis
What we found in STRR's 10-Q: the parts that mattered, the offsets in the same document, and what the company said about what comes next.
Our reading of the filing · Free to read, no account needed
Star Equity's Q2 2026 revenue increased approximately 9.9% sequentially to $54.941 million, but missed the $56.915 million consensus estimate and remained below the prior $58 million-$65 million Q2 outlook range. EPS improved materially from negative $1.17 to negative $0.15 but missed the negative $0.04 estimate. The supplied filing text does not disclose Q2 margin, free-cash-flow or segment results, while ongoing SOC/ADT control integration remains a material execution risk.
The parts that mattered.
Pulled out of the filing itself, with the figures the company reported.
- Sequential Revenue Recovery, Estimate Miss
- Q2 revenue was $54.941 million, up approximately 9.9% from $50 million in Q1 2026, but 3.5% below the $56.915 million consensus estimate.
- EPS Improved Sequentially
- Diluted EPS improved to negative $0.15 from negative $1.17 in Q1 2026, a $1.02 per-share sequential improvement, although it missed the negative $0.04 estimate by $0.11.
- Disclosure Controls Deemed Effective
- Management concluded that disclosure controls were effective as of June 30, 2026, while noting that controls provide only reasonable assurance and not complete assurance.
- Continued Share Repurchases
- The company repurchased 15,833 shares during Q2 at an average price of $9.91 per share, and had $1.6 million remaining under the September 10, 2025 authorization at June 30, 2026.
And the other side of it.
The offsets in the same document — the things a summary that only listed the good news would have left out.
- ADT Controls Not Yet Fully Assessed
- ADT remains excluded from management's internal-control assessment as of June 30, 2026; ADT represented approximately 13% of total assets and 7% of revenues for the six months ended June 30, 2026. Management expects to include ADT no later than Q3 2026.
- Ongoing SOC Integration Risk
- Integration of the August 22, 2025 SOC merger remains ongoing across accounting policies, reporting systems and internal controls. The company states the process may result in additional internal-control changes in future periods.
- Capital Deployment Amid Losses
- The company repurchased 86,257 shares for an aggregate cost of $0.9 million during the six months ended June 30, 2026, while only $1.6 million remained available under the September 10, 2025 authorization, representing continued cash deployment despite Q2 EPS of negative $0.15.
What they reported.
What the company itself reported, taken out of the document.
- Earnings per share
- $-0.15
What they said about what is next.
The supplied 10-Q text does not provide new quantitative revenue or EPS guidance. Prior Q2 revenue guidance was $58 million-$65 million, while reported Q2 revenue was $54.941 million; no updated outlook is disclosed in the supplied filing text.
The filing reads worse than the one before it.
What came before.
- 10-Q · May 12, 2026
- Star Equity Holdings, Inc. reported a Q1 2026 revenue of $50.1 million, up 57.1% year-over-year, but also recorded a significant net loss of $4.4 million compared to $1.8 million in the previous year. The company's…
- 10-K · March 20, 2026
- Star Equity Holdings, Inc. reported a total revenue of $172.2 million for the year ended December 31, 2025, an increase of 22.9% from $140.1 million in 2024. The increase was largely driven by the acquisition of Star…
- 10-Q · November 14, 2025
- Star Equity Holdings, Inc. reported Q3 2025 results showcasing a significant revenue surge driven mainly by the recent acquisition of Star Operating Companies. However, the company experienced a net loss despite…
- 10-Q · August 8, 2025
- Hudson Global, Inc. reported a notable improvement in earnings for Q2 2025 with actual EPS at $1.86, significantly surpassing the estimated EPS of -$0.56 and marking a significant turnaround from a loss of $0.15 per…
This is our reading of a public filing, not the filing. Read the original on SEC.gov · Educational only. Nothing here is investment advice.
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