Star Equity Holdings saw Q3 revenue growth and improved Adjusted EBITDA, though year-to-date net losses widened to $(7,230) thousand and cash balances tightened.
Q3 2026 revenue grew to $53,920 thousand from $47,959 thousand, with Building Solutions up 70% to $16,347 and Adjusted EBITDA rising to $1,535 from $1,335. However, the nine-month net loss widened to $(7,230) from $(4,208), operating loss grew to $(1,807), cash fell to $6,220 from $10,269, and per-share losses widened. Growth positives and deteriorating profitability/balance sheet largely offset.
Star Equity Holdings reported third-quarter 2026 revenue of $53,920 thousand, up from $47,959 thousand in the prior-year period. Despite an improvement in Adjusted EBITDA to $1,535 thousand, the company's nine-month net loss expanded to $(7,230) thousand, and cash reserves decreased to $6,220 thousand from $10,269 thousand at the end of 2025.
Revenue rose to $53,920 thousand from $47,959 thousand and Adjusted EBITDA improved to $1,535 thousand from $1,335 thousand, but the company still reported a net loss, with losses attributable to common shareholders of $(2,204) thousand in the quarter.
Nine-month revenue jumped to $158,922 thousand from $115,366 thousand, but the net loss widened to $(7,230) thousand from $(4,208) thousand, and cash declined to $6,220 thousand from $10,269 thousand at the start of the year.