Stratus Properties Inc. (STRS) Financial Statements

Income statement

Metric	TTM	2025	2024	2023	2022
Revenue
Total Revenue	28.7M	29.9M	54.2M	17.3M	37.5M
Cost of Revenue	37.4M	44.0M	43.0M	19.0M	31.8M
Gross Profit	(8.7M)	(14.1M)	11.2M	(1.8M)	5.7M
Operating Expenses
R&D Expense	—	—	—	—	—
SG&A Expense	16.3M	14.8M	15.0M	15.2M	17.6M
General & Admin Expense	16.3M	14.8M	15.0M	15.2M	17.6M
Selling & Marketing Expense	—	—	—	—	—
Other Expenses	(4.3M)	(6.9M)	(1.6M)	—	(4.1M)
Total Operating Expenses	12.0M	7.8M	13.3M	15.2M	13.5M
Cost and Expenses	49.4M	51.9M	56.3M	34.2M	45.3M
Operating Income (EBIT)	(20.7M)	(22.0M)	(2.2M)	(16.9M)	(7.8M)
Non-Operating
Interest Income	—	—	—	—	—
Interest Expense	1.6M	1.5M	—	—	15.0K
Net Interest Income	(1.6M)	(1.5M)	—	—	(15.0K)
Other Non-Op Income/Expense	48.2M	30.0M	689.0K	2.0M	1.1M
Non-Operating Income (excl Interest)	(45.5M)	(31.6M)	1.6M	(2.0M)	(1.1M)
EBT (Pre-Tax Income)	27.4M	8.1M	(1.5M)	(15.0M)	(6.7M)
Income Tax Expense	7.4M	5.3M	442.0K	1.5M	389.0K
Bottom Line
Net Income	21.5M	12.0M	2.0M	(14.8M)	90.4M
Earnings from Cont. Ops	20.1M	2.8M	(1.9M)	(16.5M)	(7.1M)
Earnings from Discont. Ops	—	—	—	—	96.8M
Bottom Line Net Income	21.5M	12.0M	2.0M	(14.8M)	90.4M
Per Share
Basic EPS	$2.67	$1.49	$0.24	($1.85)	$10.99
Diluted EPS	$2.64	$1.47	$0.24	($1.85)	$10.99
Revenue Per Share	$3.60	$3.72	$6.72	$2.16	$4.56
Shares
Basic Shares Outstanding	8.0M	8.0M	8.1M	8.0M	8.2M
Diluted Shares Outstanding	8.1M	8.1M	8.2M	8.0M	8.2M
Profitability Metrics
EBITDA	31.8M	16.6M	1.8M	(10.7M)	(3.1M)
D&A	7.0M	7.0M	5.6M	4.3M	3.6M
EBIT	24.8M	9.6M	(3.8M)	(15.0M)	(6.7M)

As reported, in the filing currency · TTM sums the four latest quarters; MRQ is the latest quarter · Negatives in parentheses; a dash is a line the filing does not carry · Data as of Mar 1, 2026