Company research
STRATTEC SECURITY CORP
CIK 933034Updated Sep 24, 2026
SecuritySTRT · NASDAQ · equity
STRT price & chart
Loading TradingView…
NASDAQ:STRT on TradingView ↗About the company
Strattec is a global automotive access company that designs and delivers safe, secure, and highly engineered access solutions for the automotive and mobility industries. Built on generations of access and security engineering expertise, Strattec partners closely with OEMs to create differentiated, system‑level access experiences for end consumers. Strattec’s portfolio spans the access journey from Permission, enabling secure vehicle entry through advanced mechanical and electronic systems; to Motion, delivering effortless, reliable powered access that enhances everyday usability; and through to Hold, providing precision‑engineered latching solutions that give drivers confidence through proven strength, safety, and durability trusted by OEMs worldwide. As access becomes increasingly intelligent, connected, and central to vehicle experience, Strattec’s strategy is to expand its market share, further diversify its customers and geographic reach while becoming the most trusted access partner to drive long‑term growth across global automotive and mobility markets. For more information, visit www.strattec.com.
In the news
No coverage from other publishers is available.
Recent filings
DEF 14A filing
ARS filing
10-K filing
Results of Operations and Financial Condition · Regulation FD Disclosure
Items 2.02, 7.01, 9.01
SCHEDULE 13G/A filing
Show 5 more recent filings
Regulation FD Disclosure
Items 7.01, 9.01
SD filing
4 filing
10-Q filing
Results of Operations and Financial Condition · Regulation FD Disclosure
Items 2.02, 7.01, 9.01
Financials
FY 2026 · USDSource
Source
Source
Source
Source
Source
balance sheet · annual statements
| Line item | FY 2026 | FY 2025 | FY 2024 | FY 2023 |
|---|---|---|---|---|
| ASSETS | ||||
| AssetsUSD | 387,479,000Source | 391,454,000Source | 364,289,000Source | 340,930,000Source |
| Property, Plant and Equipment, NetUSD | 69,845,000Source | 77,410,000Source | 86,184,000Source | 94,446,000Source |
| Current assets: | ||||
| Cash and Cash Equivalents, at Carrying ValueUSD | 108,243,000Source | 84,579,000Source | 25,410,000Source | 20,571,000Source |
| Inventory, NetUSD | 64,310,000Source | 64,701,000Source | 81,649,000Source | 77,597,000Source |
| Assets, CurrentUSD | 296,273,000Source | 290,063,000Source | 253,814,000Source | 225,782,000Source |
| Operating Lease, Right-of-Use AssetUSD | 2,171,000Source | 2,942,000Source | 3,801,000Source | 4,465,000Source |
| Other Assets, NoncurrentUSD | 5,281,000Source | 4,450,000Source | 6,698,000Source | 7,083,000Source |
| LIABILITIES AND EQUITY | ||||
| LiabilitiesUSD | 121,982,000Source | 145,023,000Source | — | — |
| Stockholders’ equity: | ||||
| Common Stock, Value, IssuedUSD | 77,000Source | 76,000Source | 76,000Source | 75,000Source |
| Retained Earnings (Accumulated Deficit)USD | 289,895,000Source | 269,297,000Source | 250,612,000Source | 234,299,000Source |
| Accumulated Other Comprehensive Income (Loss), Net of TaxUSD | -14,143,000Source | -16,113,000Source | -15,689,000Source | -14,194,000Source |
| Stockholders' Equity Attributable to ParentUSD | 238,646,000Source | 221,592,000Source | 200,545,000Source | 184,963,000Source |
| Additional Paid in Capital, Common StockUSD | 107,138,000Source | 103,784,000Source | 101,024,000Source | 100,309,000Source |
| Liabilities and EquityUSD | 387,479,000Source | 391,454,000Source | 364,289,000Source | 340,930,000Source |
| Current liabilities: | ||||
| Liabilities, CurrentUSD | 102,231,000Source | 119,350,000Source | 118,288,000Source | 108,986,000Source |
| Operating Lease, Liability, CurrentUSD | 910,000Source | 808,000Source | 744,000Source | 465,000Source |
| Accounts Payable, CurrentUSD | 54,973,000Source | 65,824,000Source | 54,911,000Source | 57,927,000Source |
| Operating Lease, Liability, NoncurrentUSD | 1,568,000Source | 2,478,000Source | 3,390,000Source | 4,000,000Source |
| Other Liabilities, NoncurrentUSD | 6,401,000Source | 4,348,000Source | 4,957,000Source | 5,557,000Source |
| Stockholders' Equity Attributable to Noncontrolling InterestUSD | 26,851,000Source | 24,839,000Source | 25,070,000Source | 26,061,000Source |
cash flow · annual statements
| Line item | FY 2026 | FY 2025 | FY 2024 | FY 2023 |
|---|---|---|---|---|
| Cash flows from operating activities: | ||||
| Net Income (Loss), Including Portion Attributable to Noncontrolling InterestUSD | 21,623,000Source | 18,919,000Source | 16,428,000Source | -8,949,000Source |
| Adjustments to reconcile net income to net cash provided by operating activities: | ||||
| Share-based Payment Arrangement, Noncash ExpenseUSD | 3,305,000Source | 2,725,000Source | 1,467,000Source | 1,466,000Source |
| Changes in operating assets and liabilities: | ||||
| Increase (Decrease) in InventoriesUSD | -391,000Source | -16,948,000Source | 4,052,000Source | -2,885,000Source |
| Increase (Decrease) in Accounts PayableUSD | -10,431,000Source | 10,674,000Source | — | — |
| Deferred Income Tax Expense (Benefit)USD | 3,563,000Source | -1,890,000Source | -4,711,000Source | -4,937,000Source |
| Net Cash Provided by (Used in) Operating ActivitiesUSD | 46,304,000Source | 71,677,000Source | 12,265,000Source | 10,095,000Source |
| Cash flows from investing activities: | ||||
| Net Cash Provided by (Used in) Investing ActivitiesUSD | -5,398,000Source | -7,156,000Source | -7,788,000Source | 8,901,000Source |
| Payments to Acquire Property, Plant, and EquipmentUSD | 7,328,000Source | 7,156,000Source | — | — |
| Cash flows from financing activities: | ||||
| Payment, Tax Withholding, Share-based Payment ArrangementUSD | 1,442,000Source | — | — | — |
| Payments for Repurchase of Common StockUSD | 7,400,000Source | — | — | — |
| Net Cash Provided by (Used in) Financing ActivitiesUSD | -16,910,000Source | -4,939,000Source | 72,000Source | -7,436,000Source |
| Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents, Period Increase (Decrease), Including Exchange Rate EffectUSD | 23,664,000Source | 59,169,000Source | 4,839,000Source | 11,797,000Source |
| Supplemental disclosure of cash flow information: | ||||
| Interest Paid, Excluding Capitalized Interest, Operating ActivitiesUSD | 218,000Source | 1,007,000Source | 888,000Source | 890,000Source |
| Income Taxes Paid, NetUSD | 4,746,000Source | 14,174,000Source | 3,801,000Source | 2,759,000Source |
| Additional Financial Items | ||||
| Defined Benefit Plan, Net Periodic Benefit Cost (Credit), Gain (Loss) Due to SettlementUSD | — | — | 0Source | -217,000Source |
| DepreciationUSD | 15,085,000Source | 14,764,000Source | 16,547,000Source | 17,485,000Source |
| Foreign Currency Transaction Gain (Loss), before TaxUSD | -1,560,000Source | -591,000Source | 2,153,000Source | -2,935,000Source |
| Gain (Loss) on InvestmentsUSD | 212,000Source | 186,000Source | — | — |
| Gain (Loss) on Sale of DerivativesUSD | 4,943,000Source | — | 885,000Source | 1,022,000Source |
| Income (Loss) from Equity Method InvestmentsUSD | — | — | -331,000Source | 1,559,000Source |
| Income Tax Expense (Benefit)USD | 11,339,000Source | 5,717,000Source | 3,775,000Source | 1,281,000Source |
| Investment Income, InterestUSD | 3,500,000Source | 2,039,000Source | — | — |
| Net Income (Loss) Attributable to ParentUSD | 20,598,000Source | 18,685,000Source | 16,313,000Source | -6,670,000Source |
| Net Income (Loss) Attributable to Noncontrolling InterestUSD | 1,025,000Source | 234,000Source | 115,000Source | -2,279,000Source |
| Nonoperating Income (Expense)USD | 3,298,000Source | 820,000Source | 3,048,000Source | -2,178,000Source |
| Operating ExpensesUSD | 68,842,000Source | 61,793,000Source | 47,654,000Source | 48,241,000Source |
| Operating Lease, ExpenseUSD | 951,000Source | 951,000Source | 989,000Source | 497,000Source |
| Other Nonoperating Income (Expense)USD | 865,000Source | 493,000Source | 194,000Source | 255,000Source |
| Proceeds from Stock Options ExercisedUSD | — | — | — | 109,000Source |
| Unrealized Gain (Loss) on DerivativesUSD | -349,000Source | 2,314,000Source | — | — |
income statement · annual statements
| Line item | FY 2026 | FY 2025 | FY 2024 | FY 2023 |
|---|---|---|---|---|
| Total RevenueUSD | 579,392,000Source | 565,066,000Source | 537,766,000Source | 492,946,000Source |
| Cost of RevenueUSD | 484,027,000Source | 480,489,000Source | 472,298,000Source | 450,794,000Source |
| Operating Income (Loss)USD | 26,523,000Source | 22,784,000Source | 17,814,000Source | -6,089,000Source |
| Other Nonoperating Income (Expense)USD | 865,000Source | 493,000Source | 194,000Source | 255,000Source |
| Income (Loss) from Continuing Operations before Income Taxes, Noncontrolling InterestUSD | 32,962,000Source | 24,636,000Source | 20,203,000Source | -7,668,000Source |
| Income Tax Expense (Benefit)USD | 11,339,000Source | 5,717,000Source | 3,775,000Source | 1,281,000Source |
| Net Income (Loss) Attributable to Noncontrolling InterestUSD | 1,025,000Source | 234,000Source | 115,000Source | -2,279,000Source |
| Net Income (Loss) Attributable to ParentUSD | 20,598,000Source | 18,685,000Source | 16,313,000Source | -6,670,000Source |
| Earnings Per Share, BasicUSD per share | 5.07Source | 4.64Source | 4.1Source | -1.7Source |
| Earnings Per Share, DilutedUSD per share | 5Source | 4.58Source | 4.07Source | -1.7Source |
| Weighted Average Number of Shares Outstanding, Basicshares | 4,064,000Source | 4,030,000Source | 3,975,000Source | 3,921,000Source |
| Weighted Average Number of Shares Outstanding, Dilutedshares | 4,122,000Source | 4,076,000Source | 4,004,000Source | 3,921,000Source |
| Additional Financial Items | ||||
| Current Income Tax Expense (Benefit)USD | 7,776,000Source | 7,607,000Source | 8,486,000Source | 6,218,000Source |
| Defined Benefit Plan, Net Periodic Benefit Cost (Credit), Gain (Loss) Due to SettlementUSD | — | — | 0Source | -217,000Source |
| Foreign Currency Transaction Gain (Loss), before TaxUSD | -1,560,000Source | -591,000Source | 2,153,000Source | -2,935,000Source |
| Gain (Loss) on InvestmentsUSD | 212,000Source | 186,000Source | — | — |
| Gross ProfitUSD | 95,365,000Source | 84,577,000Source | 65,468,000Source | 42,152,000Source |
| Income (Loss) from Continuing Operations before Income Taxes, DomesticUSD | 22,265,000Source | — | — | — |
| Income (Loss) from Equity Method InvestmentsUSD | — | — | -331,000Source | 1,559,000Source |
| Interest ExpenseUSD | 359,000Source | 1,007,000Source | 900,000Source | 960,000Source |
| Investment Income, InterestUSD | 3,500,000Source | 2,039,000Source | — | — |
| Nonoperating Income (Expense)USD | 3,298,000Source | 820,000Source | 3,048,000Source | -2,178,000Source |
| Operating ExpensesUSD | 68,842,000Source | 61,793,000Source | 47,654,000Source | 48,241,000Source |
| Operating Lease, ExpenseUSD | 951,000Source | 951,000Source | 989,000Source | 497,000Source |
| Research and Development ExpenseUSD | 21,800,000Source | 21,700,000Source | 14,800,000Source | 15,900,000Source |
Filing attachments
strt-ex99_1.htm · 8-K · 2026-08-25
EX-99.1 2 strt-ex99_1.htm EX-99.1 EX-99.1 NEWS RELEASE FOR IMMEDIATE RELEASE Strattec Transformation Delivers Margin Improvement and Strong Cash Generation in Fiscal 2026 • Fourth quarter fiscal 2026 sales of $151.8 million was better than expected and relatively unchanged from prior year; achieved sales of $579.4 million for fiscal year 2026 • Reported fourth quarter gross margin of 15.6%; full year gross margin expanded to 16.5%, up from 15.0% in fiscal 2025 • Generated fourth quarte…
Read attachment ↗strt-ex99_1.htm · 8-K · 2026-05-28
EX-99.1 2 strt-ex99_1.htm EX-99.1 EX-99.1 NEWS RELEASE EXHIBIT 99.1 FOR IMMEDIATE RELEASE Strattec Announces New $40 million Share Repurchase Program MILWAUKEE, WI, May 28, 2026 - Strattec (the “Company”) (Nasdaq: STRT), a global provider of highly engineered access solutions for the automotive and mobility industries, today announced that its Board of Directors has authorized a new share repurchase program under which the Company may repurchase up to $40 million of its outstanding comm…
Read attachment ↗strt-ex99_1.htm · 8-K · 2026-05-07
EX-99.1 2 strt-ex99_1.htm EX-99.1 EX-99.1 NEWS RELEASE FOR IMMEDIATE RELEASE For Third Quarter Fiscal 2026, Strattec Continued to Advance Transformation Efforts to Strengthen Business Performance • Strong balance sheet provides financial flexibility with $107 million of cash; $11.4 million of cash generated from operations in the third quarter • Sales declined 4.5%, consistent with expectations, on lower North American OEM automotive production volumes of key platforms • Gross margin i…
Read attachment ↗strt-ex99_2.htm · 8-K · 2026-05-07
EX-99.2 3 strt-ex99_2.htm EX-99.2 Nasdaq: STRT Jennifer Slater President and CEO Matthew Pauli Senior Vice President and CFO May 8, 2026 Q3 FY2026 Financial Results Conference Call Safe Harbor Statement Certain statements contained in this presentation contain “forward-looking statements” within the meaning of the Private Securities Litigation Reform Act of 1995. These statements may be identified by the use of forward-looking words or phrases such as “anticipate,” “believe,” “could,” “ex…
Read attachment ↗strt-ex99_1.htm · 8-K · 2026-02-05
EX-99.1 2 strt-ex99_1.htm EX-99.1 EX-99.1 Exhibit 99.1 News Release 3333 West Good Hope Rd. • Milwaukee, Wisconsin 53209 IMMEDIATE RELEASE Strattec Generated $14 million in Cash from Operations in Second Quarter Fiscal 2026 • Sales for the quarter grew 6% to $137.5 million driven by pricing, new program launches, customer inventory builds and select platform successes • Gross margin for the quarter was 16.5%, compared with 13.2% in the prior year period • Net income attributable to S…
Read attachment ↗strt-ex99_1.htm · 8-K · 2025-10-30
EX-99.1 3 strt-ex99_1.htm EX-99.1 EX-99.1 Exhibit 99.1 News Release 3333 West Good Hope Rd. • Milwaukee, Wisconsin 53209 IMMEDIATE RELEASE Strattec First Quarter Fiscal 2026 Financial Results Validate Operational Improvements • Gross margin for the quarter was 17.3% on $152.4 million in sales • Net income attributable to Strattec for the first quarter fiscal 2026 was $8.5 million, or $2.07 per diluted share; adjusted EBITDA1 was $15.6 million, or 10.2% of sales • Generated $11.3 mill…
Read attachment ↗