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Strattec Security STRT Business Segments — Income Tax Expense Benefit

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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×
Current ratio2.6×+0.3×

Where this comes from

Reported directly by Strattec Security in its filing.

Tagged under the XBRL concept us-gaap:IncomeTaxExpenseBenefit.

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 business segments — income tax expense benefit?
Strattec Security (STRT) reported business segments — income tax expense benefit of $1.28M in Q1 2026.
How has Strattec Security's business segments — income tax expense benefit changed year-over-year?
Strattec Security's business segments — income tax expense benefit decreased by 22.0% year-over-year, from $1.64M to $1.28M.
What does business segments — income tax expense benefit mean?
This metric represents the provision for income taxes or the benefit recognized based on the taxable income generated by the business segment. It reflects the impact of jurisdictional tax laws and effective tax rates on the segment's bottom-line performance. Understanding this figure is necessary to reconcile pre-tax operating results with net profitability.