Star Holdings (STHO) Operating Expenses (2022 - 2026)

Star Holdings (STHO) recorded quarterly Operating Expenses of $33.2 million in Q1 2026, up 36.93% quarter-over-quarter from $24.3 million in Q4 2025, and up 28.59% on a YoY basis from $25.8 million in Q1 2025.

Star Holdings (STHO) Operating Expenses (2022 - 2026) Analysis & Trends

Star Holdings' Operating Expenses history runs 5 years deep, the most recent figure standing at $33.2 million for Q1 2026.

  • In Q1 2026, Operating Expenses rose 28.59% year-over-year to $33.2 million; the TTM figure through Mar 2026 stood at $123.4 million (down 3.64% YoY), while the FY2025 annual figure was $116.0 million, down 16.41% from the prior year.
  • Operating Expenses was $33.2 million for Q1 2026 at Star Holdings, up from $24.3 million in the prior quarter.
  • In the past five years, Operating Expenses ranged from a high of $75.9 million in Q1 2023 to a low of $24.3 million in Q4 2025.
  • Historically, Operating Expenses has averaged $42.6 million across 5 years, with a median of $39.0 million in 2025.
  • The sharpest annual moves came in 2023 and 2024: Operating Expenses surged 89.62% in 2023, then sank 51.81% in 2024.
  • A 5-year view of Operating Expenses shows it stood at $70.8 million in 2022, then tumbled by 34.16% to $46.6 million in 2023, then slumped by 33.85% to $30.8 million in 2024, then decreased by 21.31% to $24.3 million in 2025, then jumped by 36.93% to $33.2 million in 2026.
  • The last three Operating Expenses figures came in at $33.2 million (Q1 2026), $24.3 million (Q4 2025), and $26.9 million (Q3 2025), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Opex (Qtr)
1 IHS Holding 45.03 Bn 44.04 Bn 231.80 -120.70 Mn
2 Cbre 38.54 Bn 37.33 Bn 1.85 Bn -
3 Costar 14.00 Bn 12.72 Bn 701.00 Mn 698.00 Mn
4 Jones Lang Lasalle 13.85 Bn 13.53 Bn - 6.18 Bn
5 KE Holdings 7.04 Bn 4.80 Bn 661.06 Mn -476.55 Mn
6 Compass 5.66 Bn 5.19 Bn 2.31 Bn 3.06 Bn
7 Opendoor Technologies 4.24 Bn 4.17 Bn 72.00 Mn 231.00 Mn
8 Cushman & Wakefield 3.11 Bn 2.51 Bn 420.70 Mn 2.48 Bn
9 Newmark 2.67 Bn 2.62 Bn - 820.20 Mn
10 Star Holdings 109.24 Mn 64.13 Mn 1.40 Mn 33.24 Mn

Historic Data

Download Data
DateValue
Mar 31, 2026 33.24 Mn
Dec 31, 2025 24.27 Mn
Sep 30, 2025 26.89 Mn
Jun 30, 2025 39.04 Mn
Mar 31, 2025 25.85 Mn
Dec 31, 2024 30.84 Mn
Sep 30, 2024 30.63 Mn
Jun 30, 2024 40.79 Mn
Mar 31, 2024 36.57 Mn
Dec 31, 2023 46.63 Mn
Sep 30, 2023 44.88 Mn
Jun 30, 2023 38.35 Mn
Mar 31, 2023 75.88 Mn
Dec 31, 2022 70.82 Mn
Sep 30, 2022 49.84 Mn
Jun 30, 2022 70.53 Mn
Mar 31, 2022 40.01 Mn