Star Equity Holdings, Inc. has filed a Form 8-K with the Securities and Exchange Commission to furnish an updated investor presentation dated November 13, 2026. The document provides a business overview as of September 30, 2026, and outlines the company’s financial metrics and strategic goals.
The company describes itself as a diversified holding company with four divisions: Business Services, Building Solutions, Energy Services, and Investments. It reports that its operating companies employ approximately 1,500 people globally. The presentation highlights the company’s strategy to drive shareholder value through organic growth, acquisitions, and share repurchases.
According to the presentation, Star Equity completed a merger with Star Operating Companies, Inc. on August 22, 2025. As a result of this transaction, the company changed its name to Star Equity Holdings, Inc. and updated its Nasdaq trading symbol to STRR for common stock and STRRP for Series A Preferred Stock.
Financial data presented in the filing reflects the trailing twelve months (TTM) through Q3 2026. The company reports revenue of approximately $400 million and gross profit of $215.7 million. Adjusted EBITDA is reported at $90.8 million, while adjusted earnings per share (EPS) are listed at $10.00. The company states it holds $215 million in net operating loss (NOL) carryforwards, which it estimates could provide future cash tax savings of $45 million.
The company has set a medium-term goal to grow adjusted EBITDA from the Q3 2026 TTM level of $4.3 million to $40 million by 2030. To achieve this, the company projects organic revenue growth of 10% to 15% per year over the next five years, excluding acquisitions. The presentation notes that any future acquisitions are expected to be additive to this organic growth forecast.
In terms of capital allocation, the company reports that it has repurchased approximately $11 million of its common stock since 2019, including a block purchase in Q3 2025. The company also highlights a history of successful M&A transactions, including the sale of Digirad Health, Inc. in 2023 and various bolt-on acquisitions in the lumber and energy services sectors.
The filing includes a standard list of forward-looking statements and risk factors, including uncertainties related to global economic conditions, the integration of the 2025 merger, and the potential impact of the proposed Harte Hanks merger.
