Quarterly ResultAug 11, 2026, 04:31 PM
Stran Q2 Sales $33.4M, H1 Net Income $1.1M
AI Summary
Stran & Company reported strong financial results for the second quarter and first half of 2026. Q2 sales increased 2.4% to $33.4 million, while H1 sales grew 5.4% to $64.6 million. The company achieved a significant increase in H1 net income to $1.1 million and EBITDA to $1.6 million, marking the strongest six-month period in its history as a public company. Stran also resumed its share repurchase program, buying back 131,000 shares, and highlighted operational improvements in its SLS segment and a new contract expected to generate nearly seven figures in annual revenue.
Key Highlights
- Q2 2026 Sales: $33.4 million, up 2.4% year-over-year.
- H1 2026 Sales: $64.6 million, up 5.4% year-over-year.
- H1 2026 Net Income: $1.1 million, up over 300% from $0.3 million in H1 2025.
- H1 2026 EBITDA: $1.6 million, up 115% from $0.7 million in H1 2025.
- Stran segment Q2 revenue increased 6.9% to $23.3 million.
- SLS segment Q2 gross profit increased 7.8% to $2.5 million.
- Repurchased 131,000 shares for $272,000 in Q2 2026.
- Cash, cash equivalents and investments: $12.6 million as of June 30, 2026.
Price Impact
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