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Strattec Security STRT Business Segments — Interest 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:InterestExpense.

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
Selling, administrative and engineering expenses17,61516,02051,36244,895
Income from operations5,0467,08520,35514,282
Interest income8795292,6411,286
Interest expense(70)(243)(322)(795)
Other income (expense), net(748)(16)668(369)
Income before income taxes and non-controlling interest5,1077,35523,34214,404
Income tax expense1,2821,6445,3373,547
Net income3,8255,71118,00510,857

ITEM 1. FINANCIAL STATEMENTS

FAQ

What is Strattec Security's business segments — interest expense?
Strattec Security (STRT) reported business segments — interest expense of $70K in Q1 2026.
How has Strattec Security's business segments — interest expense changed year-over-year?
Strattec Security's business segments — interest expense decreased by 71.2% year-over-year, from $243K to $70K.
What does business segments — interest expense mean?
This metric measures the cost of borrowing funds, including interest payments on debt obligations allocated to the business segment. It reflects the financial burden of the segment's capital structure and its reliance on external financing. Monitoring this expense is crucial for assessing the segment's financial health and its ability to service debt obligations.

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