Stran & Company Q1 Revenue Up 8.9% to $31.2M; EBITDA Hits $1M
SWAG•Stran & Company posted Q1 2026 revenue of $31.2 million, up 8.9% year-over-year, delivering gross profit of $9.6 million (30.9% margin) and net income of $0.7 million versus a $0.4 million loss. EBITDA swung to $1.0 million from negative $0.2 million, driven by SLS margin expansion.
1. Q1 Financial Highlights
Stran & Company delivered revenue of $31.2 million in Q1 2026, up 8.9% year-over-year, with gross profit of $9.6 million (30.9% margin) and net income of $0.7 million versus a $0.4 million loss. EBITDA reached $1.0 million, improving $1.2 million from Q1 2025.
2. Segment Performance
The legacy Stran segment posted sales of $23.4 million, up 11.9%, driving gross margin to 31.6%, while the SLS segment maintained $7.8 million in sales and expanded its gross margin to 28.7%, swinging operating profit by $1.0 million year-over-year.
3. Client Wins and Outlook
During the quarter, Stran secured a three-year contract extension with a major nonprofit running organization, a multimillion-dollar agreement with a leading gaming company, and engagements with two Global 100 law firms. With $12.8 million in cash and investments, management foresees continued profitable growth for the rest of 2026.
