Every 10-Q that Strattec Sec (STRT) has filed with the SEC in the last 24 months is listed below, newest first, and each one links through to the document itself with the summary and the scores our analysis gives it.
A 10-Q covers the quarterly report filed between annual reports, so if you follow STRT and want that one kind of document rather than the whole filing history, this is the page to keep. The company's other filings, of every form, are on the full STRT filings page.
Strattec Security Corporation reported mixed third-quarter and stronger year-to-date fiscal 2026 results. For the quarter ended March 29, 2026, net sales were $137.6 million, down about 4% from $144.1 million, and net income attributable to Strattec fell to $3.2 million from $5.4 million as operating margin compressed.
Despite the softer quarter, performance for the nine-month period improved. Year-to-date net sales rose to $427.6 million from $413.1 million, while net income attributable to Strattec increased to $16.7 million from $10.4 million, driven by higher pricing, cost-reduction initiatives, improved gross margin and lower interest expense. Cash and cash equivalents grew to $107.0 million, and the company had no borrowings under its $40 million revolving credit facility.
Strattec Security Corporation reported sharply improved results for its quarter ended December 28, 2025. Net sales rose to $137.5 million from $129.9 million, driven by pricing, better product mix, and new program launches, partly offset by softer market demand.
Gross margin strengthened to 16.5% from 13.2% as higher volumes and pricing more than offset foreign exchange and tariff headwinds. Net income attributable to Strattec jumped to $4.9 million from $1.3 million, with diluted earnings per share increasing to $1.20 from $0.32.
For the first six months, sales grew 8% to $289.9 million and diluted earnings per share more than doubled to $3.26. Cash and cash equivalents increased to $99.0 million with no borrowings under the company’s $40 million revolving credit facility, while a voluntary retirement program incurred $1.7 million of restructuring cost in the quarter.
Strattec Security (STRT) reported stronger Q1 FY2026 results. Net sales rose 10% to $152.4 million, driven by higher demand, pricing, favorable mix, and new program launches. Gross margin improved to 17.3% from 13.6% as higher volume leveraged fixed costs and prior-year restructuring benefits flowed through.
Income from operations more than doubled to $10.4 million. Net income attributable to Strattec was $8.5 million with diluted EPS of $2.07 versus $0.92 a year ago. Interest income increased on higher cash balances. Other expense reflected a $0.6 million charge tied to Mexico restructuring. The effective tax rate was 21.6%.
Cash and equivalents were $90.5 million. Operating cash flow was $11.3 million, capex $1.5 million, and no borrowings were outstanding under the company’s $40 million line, while $5.0 million was drawn at the joint venture. On October 27, 2025, Strattec refinanced its $40 million revolver, extending maturity to October 2028 at SOFR plus a 1.50% margin. Sales to General Motors, Ford, and Stellantis represented 64% of total.