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Strattec Security STRT Latches — Revenue

Other product segments

Door Handles And Exterior Trim
$35.32M0.0%
Power Access Solutions
$33.48M-8.3%
Keys And Locksets
$27.86M+0.2%
User Interface Controls
$11.14M-13.1%
Aftermarket And Service
$9.96M—
Other Product
$2.46M-9.0%

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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:RevenueFromContractWithCustomerExcludingAssessedTax.

The official record: Strattec Security’s 10-Q, filed May 8, 2026, on SEC EDGAR. View the filing →

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Questions, answered.

What is Strattec Security's latches — revenue?
Strattec Security (STRT) reported latches — revenue of $17.42M in Q1 2026.
How has Strattec Security's latches — revenue changed year-over-year?
Strattec Security's latches — revenue decreased by 8.1% year-over-year, from $18.94M to $17.42M.
What is the long-term trend for Strattec Security's latches — revenue?
Over 4 years (2021 to 2025), Strattec Security's latches — revenue has grown at a 10.1% compound annual growth rate (CAGR), from $51.21M to $75.36M.
What does latches — revenue mean?
This metric represents the total gross revenue generated from the sale of latching products and related access control hardware to customers, net of any assessed taxes. It serves as a primary indicator of market demand and commercial success for the company's specific latching product line. Tracking this revenue stream helps investors assess the growth trajectory and competitive positioning of the business segment within the broader automotive and industrial access control market.