Filing Flows › Strattec Security (STRT) › Q1 FY27 › vs Q1 FY26
Strattec Security (STRT) Q1 FY27 vs Q1 FY26 (year over year)
Strattec Security's revenue fell $5.2M (-3%) from $152M in Q1 FY26 to $147M in Q1 FY27. Gross margin 16.5% against 17.3% (-0.8 pts).
Strattec Security, Q1 FY27: revenue $147M (-3% year over year), operating margin 4.4%, net earnings $4.8M, operating cash flow $10.8M. The chart draws each line against Q1 FY26, the increases inside each band.
Margins
| Q1 FY27 | Q1 FY26 | Change | |
|---|---|---|---|
| Gross margin | 16.5% | 17.3% | -0.8 pts |
| Operating margin | 4.4% | 6.9% | -2.5 pts |
| Net margin | 3.3% | 5.6% | -2.3 pts |
| Free cash flow margin | 6.5% | 6.4% | +0.1 pts |
Every line
| Line | Q1 FY27 | Q1 FY26 | Change | % |
|---|---|---|---|---|
| Revenue | $147M | $152M | −$5.2M | -3% |
| Gross profit | $24.3M | $26.3M | −$2.0M | -8% |
| Cost of revenue | $123M | $126M | −$3.2M | -3% |
| Other income, net | $769K | $446K | $323K | +72% |
| Operating profit | $6.4M | $10.4M | −$4.0M | -39% |
| Operating expenses | $17.9M | $15.9M | $2.0M | +13% |
| Pre-tax earnings | $7.2M | $10.9M | −$3.7M | -34% |
| Net earnings | $4.8M | $8.5M | −$3.7M | -43% |
| Minority interests | $478K | $8K | $470K | 60× |
| Income tax | $1.9M | $2.4M | −$475K | -20% |
| Depreciation | $3.5M | $3.8M | −$293K | -8% |
| Share-based compensation | $618K | $669K | −$51K | -8% |
| Working capital & other | $1.8M | −$1.7M | $3.5M | — |
| Operating cash flow | $10.8M | $11.3M | −$562K | -5% |
| Free cash flow (OCF − capex) | $9.6M | $9.8M | −$218K | -2% |
| Capital expenditures | $1.2M | $1.5M | −$344K | -22% |
Questions
How much did Strattec Security's revenue grow year over year in Q1 FY27?
Strattec Security's revenue fell $5.2M (-3%) from $152M in Q1 FY26 to $147M in Q1 FY27. Gross margin 16.5% against 17.3% (-0.8 pts).