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Strattec Security STRT Business Segments — Administrative Fees Expense

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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$348.6M+16.0%
P/E14×-2.1×
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:AdministrativeFeesExpense.

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 itemThree Months Ended / March 29, 2026Three Months Ended / March 30, 2025Nine Months Ended / March 29, 2026Nine Months Ended / March 30, 2025
Direct material costs73,85878,696234,169229,270
Labor and overhead costs41,11342,281121,679124,606
Selling costs2,8032,5638,1577,648
Administrative costs8,5076,29323,08216,991
Engineering costs6,3057,16420,12320,256
Interest income(879)(529)(2,641)(1,286)
Interest expense70243322795
Other (income) expense, net74816(668)369

ITEM 1. FINANCIAL STATEMENTS

FAQ

What is Strattec Security's business segments — administrative fees expense?
Strattec Security (STRT) reported business segments — administrative fees expense of $8.51M in Q1 2026.
How has Strattec Security's business segments — administrative fees expense changed year-over-year?
Strattec Security's business segments — administrative fees expense increased by 35.2% year-over-year, from $6.29M to $8.51M.
What does business segments — administrative fees expense mean?
This metric represents the overhead costs associated with the general management and administrative support functions of the business segment. It includes expenses for back-office operations, legal, human resources, and general corporate support allocated to the segment. Keeping these costs in check is essential for maintaining lean operations and improving overall segment margins.

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