What is Strattec Security's R&D?

Strattec Security (STRT) reported R&D of $5.43M in Q2 2025.

How has Strattec Security's R&D changed year-over-year?

Strattec Security's R&D increased by 46.6% year-over-year, from $3.7M to $5.43M.

Costs of research activities to discover new knowledge and development activities to translate research into new or improved products, services, processes, or technologies.

Strattec Security STRT R&D

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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$337.56M+45.9%

P/E13.5×+2.0×

P/S0.6×+0.2×

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 / equity0×0.0×

Current ratio2.6×+0.3×

Where this comes from

Reported directly by Strattec Security in its filing.

Tagged under the XBRL concept us-gaap:ResearchAndDevelopmentExpense.

The official record: Strattec Security’s 10-K, filed August 25, 2025, on SEC EDGAR. View the filing →

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Questions, answered.

What is Strattec Security's R&D?: Strattec Security (STRT) reported R&D of $5.43M in Q2 2025.
How has Strattec Security's R&D changed year-over-year?: Strattec Security's R&D increased by 46.6% year-over-year, from $3.7M to $5.43M.
What does R&D mean?: Costs of research activities to discover new knowledge and development activities to translate research into new or improved products, services, processes, or technologies.