Star Holdings (STHO) Operating Expenses (2022 - 2026)
Star Holdings' (STHO) quarterly Operating Expenses came in at $33.2 million in Q1 2026, up 28.59% year-on-year from $25.8 million in Q1 2025, and up 36.93% quarter-over-quarter from $24.3 million in Q4 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.
- On a quarterly basis, Operating Expenses rose 28.59% year-over-year to $33.2 million in Q1 2026; TTM through Mar 2026 was $123.4 million, a 3.64% decrease from a year earlier, with the FY2025 full-year figure at $116.0 million, down 16.41% from the prior year.
- Operating Expenses improved to $33.2 million in Q1 2026 per STHO's latest filing, from $24.3 million in the prior quarter.
- Across five years, Operating Expenses topped out at $75.9 million in Q1 2023 and bottomed at $24.3 million in Q4 2025.
- The 5-year median for Operating Expenses is $39.0 million (2025), against an average of $42.6 million.
- Across the five-year window, Operating Expenses jumped 89.62% in 2023 and sank 51.81% in 2024, its largest moves.
- Year by year, Operating Expenses stood at $70.8 million in 2022, then sank by 34.16% to $46.6 million in 2023, then plunged 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.
- Per Business Quant, the three latest STHO Operating Expenses figures stand at $33.2 million (Q1 2026), $24.3 million (Q4 2025), and $26.9 million (Q3 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Opex (Qtr) |
|---|---|---|---|---|---|
| 1 | Colliers International | 4,798.15 Bn | 4,797.86 Bn | - | 440.70 Mn |
| 2 | IHS Holding | 60.96 Bn | 61.13 Bn | 231.80 | -120.70 |
| 3 | KE Holdings | 53.48 Bn | 50.59 Bn | 661.06 Mn | -476.55 Mn |
| 4 | Cbre | 39.71 Bn | 39.92 Bn | 1.85 Bn | - |
| 5 | Jones Lang Lasalle | 14.96 Bn | 14.65 Bn | - | 6.18 Bn |
| 6 | Costar | 11.08 Bn | 9.80 Bn | 701.00 Mn | 698.00 Mn |
| 7 | Compass | 7.92 Bn | 7.44 Bn | 2.31 Bn | 3.06 Bn |
| 8 | FirstService | 6.01 Bn | 6.28 Bn | 480.66 Mn | 359.42 Mn |
| 9 | Opendoor Technologies | 3.69 Bn | 2.69 Bn | 72.00 Mn | 231.00 Mn |
| 10 | Star Holdings | 111.24 Mn | 96.82 Mn | 11.60 Mn | 33.24 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| 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 |