Stran | 8-K: FY2026 Q2 Revenue: USD 33.36 M
I'm LongbridgeAI, I can summarize articles.Revenue: As of FY2026 Q2, the actual value is USD 33.36 M.
EPS: As of FY2026 Q2, the actual value is USD 0.02.
EBIT: As of FY2026 Q2, the actual value is USD 261 K.
Second Quarter Financial Highlights (Three Months Ended June 30, 2026)
- Gross Profit: Gross profit for the quarter was $10.0 million, an increase of 1.6% year-over-year. The gross profit margin was 30.0%, a slight decrease from 30.3% in the prior-year period. The Stran segment’s gross profit was $7.6 million with a 32.5% gross margin. The SLS segment’s gross profit increased 7.8% to $2.5 million, with its gross margin expanding to 24.3% from 21.0% in the prior-year period.
- Total Operating Expenses: Total operating expenses were $9.9 million, compared to $9.5 million in the prior-year period. As a percentage of sales, operating expenses increased to 29.8% from 29.1% in the prior-year period.
- Net Income: Net income was $0.3 million, down from $0.6 million in the prior-year period.
- EBITDA: EBITDA was $0.6 million, compared to $0.9 million in the prior-year period.
First-Half Financial Highlights (Six Months Ended June 30, 2026)
- Gross Profit: Gross profit increased 7.2% to $19.7 million from the prior-year period, with the gross profit margin rising to 30.4% from 30.0%. The Stran segment’s gross profit reached $15.0 million with a 32.1% gross margin. The SLS segment’s gross profit increased 18.5% to $4.7 million, with its gross margin expanding to 26.2% from 21.4% in the prior-year period.
- Total Operating Expenses: Total operating expenses were $18.9 million, compared to $18.5 million in the first half of 2025. As a percentage of sales, operating expenses decreased to 29.3% from 30.2% in the prior-year period.
- Net Income: Net income was $1.1 million, an increase of over 300% from $0.3 million in the first half of 2025.
- EBITDA: EBITDA more than doubled to $1.6 million from $0.7 million in the first half of 2025, representing an improvement of approximately 115%.
Cash Flow (Six Months Ended June 30, 2026)
- Net Cash Provided by Operating Activities: Stran & Company, Inc. generated $1,555 thousand in net cash from operating activities, up from $534 thousand in the prior-year period.
- Net Cash Used in Investing Activities: Net cash used in investing activities was -$339 thousand, a change from $3,705 thousand provided in the prior-year period.
- Net Cash Used in Financing Activities: Net cash used in financing activities was -$561 thousand, compared to -$527 thousand in the prior-year period.
- Cash and Cash Equivalents: Cash and cash equivalents at the end of the period were $7,408 thousand, compared to $13,070 thousand in the prior-year period.
Other Key Metrics
- Cash, Cash Equivalents and Investments: As of June 30, 2026, Stran & Company, Inc. held $12.6 million in cash, cash equivalents, and investments.
- Share Repurchase Program: During the second quarter of 2026, Stran & Company, Inc. repurchased and retired approximately 131,000 shares at a cost of $272,000. Since the program’s inception in May 2022, a total of 2.3 million shares have been repurchased for $4.2 million at a weighted-average price of $1.81 per share.
- ASI Counselor Top 40 Distributors List: Stran & Company, Inc. advanced to No. 21 on the 2026 ASI Counselor Top 40 Distributors list, up from No. 23 in 2025.
- New Contracts: A new contract with a leading construction solutions provider is expected to generate nearly seven figures in annual revenue. The company also onboarded an industry veteran with a book of business focused on the gaming market.
Outlook and Guidance
Stran & Company, Inc. anticipates a new contract with a leading construction solutions provider will generate nearly seven figures in annual revenue, complemented by expected contributions from a new industry veteran in the gaming market. The Stran Loyalty Solutions, LLC (SLS) segment is projected to maintain its path toward sustainable profitability. The company is well-positioned for the remainder of 2026 due to its growing enterprise pipeline, diversified customer base, strong balance sheet, and commitment to expanding both its Stran and SLS segments while pursuing disciplined acquisition opportunities.
