Filing Flows › Strattec Security (STRT) › Q3 FY26
Strattec Security (STRT) Q3 FY26 earnings results (third quarter fiscal 2026)
10-Q filed May 8, 2026
Strattec Security (STRT) reported revenue of $138M for the third quarter fiscal 2026 (Q3 FY26), -4% from a year earlier and +0.1% from the quarter before. Operating margin was 3.7%, net earnings $3.2M (2.4% of revenue).
Strattec Security, Q3 FY26: revenue $138M (-4% year over year), operating margin 3.7%, net earnings $3.2M, operating cash flow $11.4M. The chart follows the revenue to costs, profit and cash.
| Q3 FY26 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $138M | +0.1% | -4% |
| Gross profit | $22.7M | -0.3% | -2% |
| Operating profit | $5.0M | +4% | -29% |
| Net earnings | $3.2M | -35% | -40% |
| Operating cash flow | $11.4M | -18% | -45% |
| Free cash flow | $9.7M | -14% | -50% |
What changed
Revenue was $137.6M in Q3 FY26, down 4% year over year and roughly flat from the previous quarter.
Gross margin was 16.5%, up 0.4 points from Q3 FY25. Operating profit was $5.0M, a 3.7% margin (down 1.3 points year over year). Operating expenses grew 10% against a revenue fall of 4%. Net earnings were $3.2M, down 40% year over year. The effective tax rate was 25.1%.
Operating cash flow was $11.4M (down 45% year over year), 299% of net income including minority interests. Non-cash charges added back $3.8M of depreciation and $811K of share-based compensation. Working capital and other items added $3.0M. Capital expenditures of $1.8M left free cash flow of $9.7M.
Questions
What was Strattec Security's revenue in the third quarter fiscal 2026?
Strattec Security (STRT) reported revenue of $138M for the third quarter fiscal 2026 (Q3 FY26), -4% from a year earlier and +0.1% from the quarter before.
Was Strattec Security profitable in the third quarter fiscal 2026?
Operating profit was $5.0M (3.7% of revenue) and net earnings $3.2M.
Source: Strattec Security 10-Q on SEC EDGAR.