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Strattec Security STRT Business Segments — Engineering Costs

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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 strt:EngineeringCosts.

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
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
Income tax expense1,2821,6445,3373,547

ITEM 1. FINANCIAL STATEMENTS

FAQ

What is Strattec Security's business segments — engineering costs?
Strattec Security (STRT) reported business segments — engineering costs of $6.31M in Q1 2026.
How has Strattec Security's business segments — engineering costs changed year-over-year?
Strattec Security's business segments — engineering costs decreased by 12.0% year-over-year, from $7.16M to $6.31M.
What does business segments — engineering costs mean?
This metric captures the investment in research, development, and engineering activities dedicated to the design and improvement of products within the business segment. It reflects the company's commitment to innovation and its ability to maintain a competitive technological advantage. High levels of expenditure here are often necessary to support long-term product lifecycle management and future growth.

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