Star Holdings STHO
NASDAQ STHO
$9.53 +0.06 (+0.63%)
At close: Sep 10, 2026 · 4:00 PM EDT

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

Star Holdings (STHO) posted Operating Expenses of $21.6 million for Q2 2026, down 34.98% on a QoQ basis from $33.2 million in Q1 2026, and down 44.65% year-over-year from $39.0 million in Q2 2025.

Analysis

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

Star Holdings has reported Operating Expenses for 5 years, with the latest figure at $21.6 million in Q2 2026.

  • On a quarterly basis, Operating Expenses fell 44.65% year-over-year to $21.6 million in Q2 2026; TTM through Jun 2026 was $106.0 million, a 16.11% decrease from a year earlier, with the FY2025 full-year figure at $116.0 million, down 16.41% from the prior year.
  • Operating Expenses was $21.6 million for Q2 2026 at Star Holdings, down from $33.2 million in the prior quarter.
  • The five-year high for Operating Expenses was $70.8 million in Q4 2022, with the low at $21.6 million in Q2 2026.
  • Average Operating Expenses over 5 years is $39.9 million, with a median of $38.7 million recorded in 2023.
  • The sharpest annual moves came in 2023 and 2026: Operating Expenses slumped 45.63% in 2023, then advanced 28.59% in 2026.
  • Over 5 years, Operating Expenses stood at $70.8 million in 2022, then slumped by 34.16% to $46.6 million in 2023, then sank by 33.85% to $30.8 million in 2024, then slipped by 21.31% to $24.3 million in 2025, then slipped by 10.96% to $21.6 million in 2026.
  • The last three Operating Expenses figures came in at $21.6 million (Q2 2026), $33.2 million (Q1 2026), and $24.3 million (Q4 2025), per Business Quant data.
Peer Set

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Opex (Qtr)
1 Texas Pacific Land 25.25 Bn 25.00 Bn - 54.24 Mn
2 Eason Technology 6.05 Bn 6.05 Bn - -
3 Vesta Real Estate Corporation, S.A.B. de C.V 2.85 Bn 2.85 Bn - -9.30 Mn
4 Opendoor Technologies 2.70 Bn 1.80 Bn 86.00 Mn 230.00 Mn
5 LandBridge 2.41 Bn 2.37 Bn 65.51 Mn 15.90 Mn
6 Kennedy-Wilson Holdings 1.52 Bn 1.37 Bn 83.20 Mn 109.70 Mn
7 Frp Holdings 423.91 Mn 423.91 Mn - 9.62 Mn
8 American Realty Investors 251.43 Mn 251.43 Mn - 15.42 Mn
9 Belpointe PREP 187.01 Mn 187.01 Mn - 3.00 Mn
10 Star Holdings 114.77 Mn 79.96 Mn 5.31 Mn 21.61 Mn
Historic Data

Historic Data

Download Data
DateValue
Jun 30, 2026 21.61 Mn
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 46.84 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