Filing Flows › Strattec Security (STRT) › Q1 FY26
Strattec Security (STRT) Q1 FY26 earnings results (first quarter fiscal 2026)
10-Q filed Oct 31, 2025
Strattec Security (STRT) reported revenue of $152M for the first quarter fiscal 2026 (Q1 FY26), +10% from a year earlier and +0.3% from the quarter before. Operating margin was 6.9%, net earnings $8.5M (5.6% of revenue).
Strattec Security, Q1 FY26: revenue $152M (+10% year over year), operating margin 6.9%, net earnings $8.5M, operating cash flow $11.3M. The chart follows the revenue to costs, profit and cash.
| Q1 FY26 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $152M | +0.3% | +10% |
| Gross profit | $26.3M | +4% | +39% |
| Operating profit | $10.4M | +23% | +106% |
| Net earnings | $8.5M | +3% | +130% |
| Operating cash flow | $11.3M | -62% | -0.1% |
| Free cash flow | $9.8M | -64% | +6% |
What changed
Revenue was $152.4M in Q1 FY26, up 10% year over year and roughly flat from the previous quarter.
Gross margin was 17.3%, up 3.7 points from a year earlier. Operating profit was $10.4M, a 6.9% margin (up 3.2 points year over year). Of the extra revenue versus a year earlier, 40% reached operating profit, above the 4% margin then. Operating expenses grew 15% against revenue growth of 10%. Net earnings were $8.5M, up 130% year over year. The effective tax rate was 21.6%.
Operating cash flow was $11.3M (roughly flat year over year), 133% of net earnings. Non-cash charges added back $3.8M of depreciation and $669K of share-based compensation. Working capital and other items used $1.7M. Capital expenditures of $1.5M left free cash flow of $9.8M.
Questions
What was Strattec Security's revenue in the first quarter fiscal 2026?
Strattec Security (STRT) reported revenue of $152M for the first quarter fiscal 2026 (Q1 FY26), +10% from a year earlier and +0.3% from the quarter before.
Was Strattec Security profitable in the first quarter fiscal 2026?
Operating profit was $10.4M (6.9% of revenue) and net earnings $8.5M.
Source: Strattec Security 10-Q on SEC EDGAR.