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Strattec Security STRT Accrued Expenses

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Other financials

Income statement

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Revenue$137.6M-4.5%
Gross profit$22.7M-1.9%
Operating income$5.0M-28.8%
Net income$3.2M-40.0%
EPS (diluted)$0.78-40.9%

Balance sheet

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Cash & equivalents$107.0M+72.2%
Total debt$3.3M-20.5%
Total equity$240.5M+14.1%
Total assets$399.5M+3.1%

Cash flow

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Operating cash flow$11.4M-44.8%
CapEx$1.8M+49.8%
Free cash flow$9.7M-50.4%

Valuation

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Market cap$361.01M+16.0%
P/E14.5×-2.2×
P/S0.6×+0.1×

Profitability

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Gross margin16.8%+2.8pp
Operating margin5%+0.7pp
Net margin4.3%+0.7pp
FCF margin10%+0.4pp

Returns & leverage

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Return on equity11.1%+1.2pp
Debt / equity0.0×
Current ratio2.6×+0.3×

Where this comes from

Reported directly by Strattec Security in its filing.

Tagged under the XBRL concept us-gaap:EmployeeRelatedLiabilitiesCurrent.

The source filing: Strattec Security’s 10-Q, filed May 8, 2026.

Filed
May 8, 2026, 1:45 PM EDT
Fiscal quarter
Q3 FY2026
Calendar quarter
Q1 2026
Accession
0001193125-26-214153
Line itemMarch 29,2026June 29,2025
LIABILITIES AND SHAREHOLDERS' EQUITY
Current Liabilities:
Accounts payable$64,742$65,824
Accrued payroll and benefits18,07422,956
Value-added tax payable7,90511,933
Warranty reserve8,6038,900
Current portion of borrowings under credit facilities1,000-
Other current liabilities15,5229,737

ITEM 1. FINANCIAL STATEMENTS

FAQ

What is Strattec Security's accrued expenses?
Strattec Security (STRT) reported accrued expenses of $18.07M in Q1 2026.
How has Strattec Security's accrued expenses changed year-over-year?
Strattec Security's accrued expenses decreased by 7.0% year-over-year, from $19.43M to $18.07M.
What is the long-term trend for Strattec Security's accrued expenses?
Over 4 years (2021 to 2025), Strattec Security's accrued expenses has grown at a 0.5% compound annual growth rate (CAGR), from $22.48M to $22.96M.
What does accrued expenses mean?
Expenses incurred but not yet paid or invoiced — interest accruals, tax accruals, warranty reserves, and other timing differences.

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