Quarterly ResultMay 12, 2026, 04:38 PM
Stran & Company Q1 Revenue $31.2M, Net Income $0.7M, EBITDA $1.0M
AI Summary
Stran & Company reported strong financial results for the first quarter of 2026, with revenue increasing 8.9% year-over-year to $31.2 million. The company achieved a net income of $0.7 million, a significant improvement from a net loss of $0.4 million in Q1 2025, and EBITDA of $1.0 million, up from a loss of $0.2 million. Management highlighted the quarter as a "meaningful inflection point," driven by profitability in both its core Stran and SLS segments, and expressed optimism for sustained profitable growth in 2026.
Key Highlights
- Sales increased 8.9% year-over-year to $31.2 million for Q1 2026.
- Net income was $0.7 million, compared to a net loss of ($0.4) million in Q1 2025.
- EBITDA reached $1.0 million, a $1.2 million improvement from $(0.2) million in Q1 2025.
- Gross profit rose 13.7% to $9.6 million, with gross margin expanding to 30.9%.
- Core Stran segment sales grew 11.9% to $23.4 million.
- SLS segment swung to $0.5 million income from operations, from a $0.5 million loss.
- Cash, cash equivalents, and investments stood at $12.8 million as of March 31, 2026.
- Total operating expenses decreased to 28.8% of sales from 31.4% in Q1 2025.
Price Impact
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