Strattec Security Reports Q4 Revenue $151.8M
Strattec Security posted Q4 revenue of about $151.8 million and full-year revenue of $579.4 million, with gross margin expanding to 16.5% for the year and Q4 gross margin at 15.6% due to currency headwinds. Net income declined to $3.9 million, but adjusted diluted EPS held at $2.06 as the company continues to optimize costs and investment programs. The balance sheet remains solid with roughly $108.2 million in cash and no debt, and Strattec authorized a $40 million share-buyback while executing a $7.4 million repurchase in the period to support growth in technology, automation, and customer relationships. Analysts highlighted the EPS beat and revenue in line with or above estimates, while noting near-term challenges from FX, tariffs, and EV-program cancellations, though the stock has shown positive momentum compared with the broader market. Management underscored disciplined pricing, cost actions, and capital deployment as the foundation for resilience and future scale, with ongoing investments aimed at securing additional OEM platforms and expanding the product portfolio.
How it spread



