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Strattec Security STRT Interest Expense
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Where this comes from
Reported directly by Strattec Security in its filing.
Tagged under the XBRL concept us-gaap:InterestExpense.
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 item | Three Months Ended / March 29,2026 | Three Months Ended / March 30,2025 | Nine Months Ended / March 29,2026 | Nine Months Ended / March 30,2025 |
|---|---|---|---|---|
| Selling, administrative and engineering expenses | 17,615 | 16,020 | 51,362 | 44,895 |
| Income from operations | 5,046 | 7,085 | 20,355 | 14,282 |
| Interest income | 879 | 529 | 2,641 | 1,286 |
| Interest expense | (70) | (243) | (322) | (795) |
| Other income (expense), net | (748) | (16) | 668 | (369) |
| Income before income taxes and non-controlling interest | 5,107 | 7,355 | 23,342 | 14,404 |
| Income tax expense | 1,282 | 1,644 | 5,337 | 3,547 |
| Net income | 3,825 | 5,711 | 18,005 | 10,857 |
ITEM 1. FINANCIAL STATEMENTS
FAQ
- What is Strattec Security's interest expense?
- Strattec Security (STRT) reported interest expense of $70K in Q1 2026.
- How has Strattec Security's interest expense changed year-over-year?
- Strattec Security's interest expense decreased by 71.2% year-over-year, from $243K to $70K.
- What is the long-term trend for Strattec Security's interest expense?
- Over 3 years (2022 to 2025), Strattec Security's interest expense has grown at a 65.8% compound annual growth rate (CAGR), from $221K to $1.01M.
- What does interest expense mean?
- Cost of borrowing — interest paid or accrued on bonds, bank loans, credit facilities, finance leases, and other debt obligations.
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