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Stran & Company Inc Financials

SWAG
Source SEC Filings (10-K/10-Q) Updated Dec 31, 2025 Currency USD FYE December

This page shows Stran & Company Inc (SWAG) financial statements, including the income statement, balance sheet, cash flow statement, and key financial ratios. View 6 years of annual fundamentals and quarterly data, with year-over-year growth rates and compound annual growth rates (CAGR). All figures are derived from SEC filings (10-K and 10-Q reports).

Rhea AI SWAG FY2025

Growth is lifting gross profit faster than losses, but working-capital needs are still swallowing the cash benefit.

FY2025 shows real operating leverage: revenue rose to $116.2M and gross profit to $34.2M, yet the operating loss narrowed because overhead did not rise as fast as gross profit. Yet cash conversion deteriorated as operating cash flow fell from $2.8M to -$4.7M, consistent with growth absorbing cash through a larger inventory position and lower current liabilities despite better earnings.

Across the last three valid years, margin shape looks steadier than bottom-line volatility suggests: gross margin hovered around 30.0% even as reported earnings moved around. That points to a cost-structure issue above gross profit—especially selling and administrative expense—rather than a collapse in the underlying gross spread, which matters because added sales can still help if overhead discipline improves.

The balance sheet remains liquid but less cash-rich: cash fell from $32.2M in FY2021 to $6.8M in FY2025. The current ratio still finished at 2.3x, and debt use stayed moderate rather than surging, so uneven cash generation has mainly been financed by using up liquidity instead of relying heavily on long-term borrowing.

[ NOT FINANCIAL ADVICE ]

Financial Health Signals

Profitability Growth Leverage Liquidity Cash Flow Returns 40 / 100
Financial Profile 40/100

Based on FY2025 annual data, averaged across the last 3 years for performance metrics (most-recent year weighted highest). How this score is calculated →

Health score ≠ stock price. This rates the quality of Stran & Company Inc's business: profitability, growth, balance sheet strength. It doesn't tell you whether the stock is a good buy at today's price. Not financial advice. Use it alongside valuation analysis and your own research.

Profitability
16

Stran & Company Inc has an operating margin of -1.7%, meaning the company retains $-2 of operating profit per $100 of revenue. This below-average margin results in a low score of 16/100, suggesting thin profitability after operating expenses. This is up from -5.9% the prior year.

Growth
73

Stran & Company Inc's revenue surged 40.6% year-over-year to $116.2M, reflecting rapid business expansion. This strong growth earns a score of 73/100.

Leverage
89

Stran & Company Inc carries a low D/E ratio of 0.62, meaning only $0.62 of long-term debt for every $1 of shareholders' equity. This conservative leverage earns a score of 89/100, indicating a strong balance sheet with room for future borrowing.

Liquidity
43

Stran & Company Inc's current ratio of 2.34 indicates adequate short-term liquidity, earning a score of 43/100. The company can meet its near-term obligations, though with limited headroom.

Cash Flow
19

While Stran & Company Inc generated -$4.7M in operating cash flow, capex of $823K consumed most of it, leaving -$5.5M in free cash flow. This results in a low score of 19/100, reflecting heavy capital investment rather than weak cash generation.

Returns
0

Stran & Company Inc generates a -2.5% ROE, indicating limited profit relative to shareholders' investment. This results in a returns score of 0/100. This is up from -13.1% the prior year.

Piotroski F-Score Neutral
4/9

Stran & Company Inc passes 4 of 9 financial strength tests. 1 of 4 profitability signals pass, 2 of 3 leverage/liquidity signals pass, 1 of 2 efficiency signals pass.

Earnings Quality Low Quality
6.26x

For every $1 of reported earnings, Stran & Company Inc generates $6.26 in operating cash flow (-$4.7M OCF vs -$747K net income). This low ratio suggests earnings are primarily driven by accounting accruals rather than cash generation, which may not be sustainable.

Key Financial Metrics

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Earnings & Revenue

Revenue
$116.2M
YoY+40.6%
5Y CAGR+25.2%

Stran & Company Inc generated $116.2M in revenue in fiscal year 2025. This represents an increase of 40.6% from the prior year.

EBITDA
-$850K
YoY+79.1%

Stran & Company Inc's EBITDA was -$850K in fiscal year 2025, measuring earnings before interest, taxes, depreciation, and amortization. This represents an increase of 79.1% from the prior year.

Net Income
-$747K
YoY+82.0%

Stran & Company Inc reported -$747K in net income in fiscal year 2025. This represents an increase of 82.0% from the prior year.

EPS (Diluted)
$-0.04
YoY+81.8%

Stran & Company Inc earned $-0.04 per diluted share (EPS) in fiscal year 2025. This represents an increase of 81.8% from the prior year.

Cash & Balance Sheet

Free Cash Flow
-$5.5M
YoY-354.6%

Stran & Company Inc generated -$5.5M in free cash flow in fiscal year 2025, representing cash available after capex. This represents a decrease of 354.6% from the prior year.

Cash & Debt
$6.8M
YoY-27.8%
5Y CAGR+59.8%

Stran & Company Inc held $6.8M in cash against $0 in long-term debt as of fiscal year 2025.

Dividends Per Share
N/A
Shares Outstanding
19M
YoY-0.5%
5Y CAGR+13.1%

Stran & Company Inc had 19M shares outstanding in fiscal year 2025. This represents a decrease of 0.5% from the prior year.

Margins & Returns

Gross Margin
29.5%
YoY-1.8pp
5Y CAGR-1.0pp

Stran & Company Inc's gross margin was 29.5% in fiscal year 2025, indicating the percentage of revenue retained after direct costs. This is down 1.8 percentage points from the prior year.

Operating Margin
-1.7%
YoY+4.2pp
5Y CAGR-5.6pp

Stran & Company Inc's operating margin was -1.7% in fiscal year 2025, reflecting core business profitability. This is up 4.2 percentage points from the prior year.

Net Margin
-0.6%
YoY+4.4pp
5Y CAGR-3.4pp

Stran & Company Inc's net profit margin was -0.6% in fiscal year 2025, showing the share of revenue converted to profit. This is up 4.4 percentage points from the prior year.

Return on Equity
-2.5%
YoY+10.6pp
5Y CAGR-65.6pp

Stran & Company Inc's ROE was -2.5% in fiscal year 2025, measuring profit generated per dollar of shareholder equity. This is up 10.6 percentage points from the prior year.

Capital Allocation

R&D Spending
N/A
Share Buybacks
$554K

Stran & Company Inc spent $554K on share buybacks in fiscal year 2025, returning capital to shareholders by reducing shares outstanding.

Capital Expenditures
$823K
YoY+36.9%
5Y CAGR+36.1%

Stran & Company Inc invested $823K in capex in fiscal year 2025, funding long-term assets and infrastructure. This represents an increase of 36.9% from the prior year.

SWAG Income Statement

Metric Q4'25 Q3'25 Q2'25 Q1'25 Q4'24 Q3'24 Q2'24 Q1'24
Revenue $28.9M+11.4% $26.0M-20.2% $32.6M+13.5% $28.7M+6.3% $27.0M+34.0% $20.1M+20.7% $16.7M-11.3% $18.8M
Cost of Revenue $20.1M+6.5% $18.9M-16.7% $22.7M+12.3% $20.2M+11.0% $18.2M+28.3% $14.2M+26.4% $11.2M-15.0% $13.2M
Gross Profit $8.8M+24.5% $7.1M-28.3% $9.9M+16.4% $8.5M-3.4% $8.8M+47.5% $6.0M+8.9% $5.5M-2.6% $5.6M
R&D Expenses N/A N/A N/A N/A N/A N/A N/A N/A
SG&A Expenses $8.8M-0.1% $8.9M-6.5% $9.5M+5.1% $9.0M-7.2% $9.7M+19.4% $8.1M+23.7% $6.6M+4.7% $6.3M
Operating Income -$35K+98.0% -$1.8M-551.1% $395K+173.8% -$535K+42.9% -$937K+57.1% -$2.2M-97.1% -$1.1M-66.6% -$665K
Interest Expense N/A N/A N/A N/A N/A N/A N/A N/A
Income Tax $116K+261.1% -$72K-163.2% $114K+400.0% -$38K N/A -$1K-133.3% $3K N/A
Net Income $243K+119.6% -$1.2M-292.8% $643K+263.6% -$393K+32.9% -$586K+71.2% -$2.0M-98.8% -$1.0M-108.8% -$491K
EPS (Diluted) N/A $-0.07-333.3% $0.03+250.0% $-0.02 N/A $-0.11-83.3% $-0.06-100.0% $-0.03

SWAG Balance Sheet

Metric Q4'25 Q3'25 Q2'25 Q1'25 Q4'24 Q3'24 Q2'24 Q1'24
Total Assets $49.3M-1.8% $50.3M-17.9% $61.2M+17.4% $52.2M-5.4% $55.1M+13.0% $48.8M+4.8% $46.6M-2.8% $47.9M
Current Assets $38.6M-1.8% $39.3M-21.5% $50.1M+18.7% $42.2M-7.2% $45.5M+17.7% $38.6M-5.4% $40.9M-2.8% $42.0M
Cash & Equivalents $6.8M+0.8% $6.7M-48.8% $13.1M+208.5% $4.2M-54.7% $9.4M-6.8% $10.0M-15.5% $11.9M+25.2% $9.5M
Inventory $7.6M-1.5% $7.7M+14.9% $6.7M-12.0% $7.7M+42.1% $5.4M+13.0% $4.8M+20.0% $4.0M-6.1% $4.2M
Accounts Receivable $17.3M+3.8% $16.6M-24.6% $22.1M+20.6% $18.3M+1.1% $18.1M+31.6% $13.7M+14.4% $12.0M-15.4% $14.2M
Goodwill $2.3M0.0% $2.3M0.0% $2.3M0.0% $2.3M0.0% $2.3M-8.7% $2.5M N/A N/A
Total Liabilities $18.8M-6.1% $20.1M-31.7% $29.4M+40.7% $20.9M-11.1% $23.5M+42.4% $16.5M+34.1% $12.3M-3.1% $12.7M
Current Liabilities $16.5M-4.7% $17.3M-34.9% $26.6M+38.4% $19.2M-13.3% $22.2M+48.8% $14.9M+40.0% $10.7M+0.2% $10.6M
Long-Term Debt N/A N/A N/A N/A N/A N/A N/A N/A
Total Equity $30.5M+1.0% $30.2M-5.1% $31.8M+1.8% $31.3M-1.2% $31.6M-2.0% $32.3M-5.8% $34.3M-2.7% $35.2M
Retained Earnings -$7.5M+3.1% -$7.7M-19.1% -$6.5M+9.0% -$7.1M-5.8% -$6.7M-9.5% -$6.2M-49.5% -$4.1M-33.3% -$3.1M

SWAG Cash Flow Statement

Metric Q4'25 Q3'25 Q2'25 Q1'25 Q4'24 Q3'24 Q2'24 Q1'24
Operating Cash Flow $161K+103.0% -$5.4M-183.5% $6.4M+209.1% -$5.9M-541.9% $1.3M+148.6% -$2.7M-230.0% $2.1M+2.4% $2.1M
Capital Expenditures $123K-75.3% $498K+538.5% $78K-37.1% $124K+33.3% $93K-35.4% $144K-18.2% $176K-6.4% $188K
Free Cash Flow $38K+100.6% -$5.9M-192.4% $6.3M+205.5% -$6.0M-585.1% $1.2M+143.0% -$2.9M-249.3% $1.9M+3.3% $1.9M
Investing Cash Flow $102K+117.8% -$572K-119.8% $2.9M+258.0% $809K+139.5% -$2.0M-284.9% $1.1M+13.1% $980K+271.3% -$572K
Financing Cash Flow -$207K+52.2% -$433K+11.1% -$487K-1117.5% -$40K-205.3% $38K+118.4% -$206K+70.6% -$700K-1066.7% -$60K
Dividends Paid N/A N/A N/A N/A N/A N/A N/A N/A
Share Buybacks $0-100.0% $408K N/A N/A N/A N/A N/A N/A

SWAG Financial Ratios

Metric Q4'25 Q3'25 Q2'25 Q1'25 Q4'24 Q3'24 Q2'24 Q1'24
Gross Margin 30.4%+3.2pp 27.2%-3.1pp 30.3%+0.7pp 29.6%-3.0pp 32.5%+3.0pp 29.5%-3.2pp 32.8%+2.9pp 29.8%
Operating Margin -0.1%+6.7pp -6.9%-8.1pp 1.2%+3.1pp -1.9%+1.6pp -3.5%+7.4pp -10.8%-4.2pp -6.6%-3.1pp -3.5%
Net Margin 0.8%+5.6pp -4.8%-6.7pp 2.0%+3.3pp -1.4%+0.8pp -2.2%+8.0pp -10.1%-4.0pp -6.1%-3.5pp -2.6%
Return on Equity 0.8%+4.9pp -4.1%-6.1pp 2.0%+3.3pp -1.3%+0.6pp -1.9%+4.5pp -6.3%-3.3pp -3.0%-1.6pp -1.4%
Return on Assets 0.5%+3.0pp -2.5%-3.5pp 1.1%+1.8pp -0.8%+0.3pp -1.1%+3.1pp -4.2%-2.0pp -2.2%-1.2pp -1.0%
Current Ratio 2.34+0.1 2.27+0.4 1.88-0.3 2.20+0.1 2.05-0.5 2.59-1.2 3.83-0.1 3.95
Debt-to-Equity 0.62-0.0 0.66-0.3 0.92+0.3 0.67-0.1 0.74+0.2 0.51+0.2 0.360.0 0.36
FCF Margin 0.1%+22.7pp -22.6%-42.1pp 19.5%+40.4pp -21.0%-25.6pp 4.6%+18.9pp -14.3%-25.9pp 11.6%+1.6pp 9.9%

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Frequently Asked Questions

Stran & Company Inc (SWAG) reported $116.2M in total revenue for fiscal year 2025. This represents a 40.6% change compared to the previous fiscal year. Revenue measures the total income earned from the company's primary business operations before any expenses are deducted.

Stran & Company Inc (SWAG) revenue grew by 40.6% year-over-year, from $82.7M to $116.2M in fiscal year 2025.

No, Stran & Company Inc (SWAG) reported a net income of -$747K in fiscal year 2025, with a net profit margin of -0.6%.

Stran & Company Inc (SWAG) reported diluted earnings per share of $-0.04 for fiscal year 2025. This represents a 81.8% change compared to the previous fiscal year. EPS represents the portion of a company's net income allocated to each outstanding share of common stock and is widely used to evaluate profitability on a per-share basis.

Stran & Company Inc (SWAG) had EBITDA of -$850K in fiscal year 2025, measuring earnings before interest, taxes, depreciation, and amortization.

Stran & Company Inc (SWAG) had a gross margin of 29.5% in fiscal year 2025, indicating the percentage of revenue retained after direct costs of goods sold.

Stran & Company Inc (SWAG) had an operating margin of -1.7% in fiscal year 2025, reflecting the profitability of core business operations before interest and taxes.

Stran & Company Inc (SWAG) had a net profit margin of -0.6% in fiscal year 2025, representing the share of revenue converted into profit after all expenses.

Stran & Company Inc (SWAG) has a return on equity of -2.5% for fiscal year 2025, measuring how efficiently the company generates profit from shareholder equity.

Stran & Company Inc (SWAG) generated -$5.5M in free cash flow during fiscal year 2025. This represents a -354.6% change compared to the previous fiscal year. Free cash flow represents the cash a company generates after accounting for capital expenditures, and is widely used to assess financial flexibility and shareholder value.

Stran & Company Inc (SWAG) generated -$4.7M in operating cash flow during fiscal year 2025, representing cash generated from core business activities.

Stran & Company Inc (SWAG) had $49.3M in total assets as of fiscal year 2025, including both current and long-term assets.

Stran & Company Inc (SWAG) invested $823K in capital expenditures during fiscal year 2025, funding long-term assets and infrastructure.

Yes, Stran & Company Inc (SWAG) spent $554K on share buybacks during fiscal year 2025, returning capital to shareholders by reducing shares outstanding.

Stran & Company Inc (SWAG) had 19M shares outstanding as of fiscal year 2025.

Stran & Company Inc (SWAG) had a current ratio of 2.34 as of fiscal year 2025, which is generally considered healthy.

Stran & Company Inc (SWAG) had a debt-to-equity ratio of 0.62 as of fiscal year 2025, measuring the company's financial leverage by comparing total debt to shareholder equity.

Stran & Company Inc (SWAG) had a return on assets of -1.5% for fiscal year 2025, measuring how efficiently the company uses its assets to generate profit.

Based on fiscal year 2025 data, Stran & Company Inc (SWAG) had $6.8M in cash against an annual operating cash burn of $4.7M. This gives an estimated cash runway of approximately 17 months at the current burn rate. Cash runway measures how long a company can continue operating before running out of cash, assuming no additional funding.

Stran & Company Inc (SWAG) has a Piotroski F-Score of 4 out of 9, indicating neutral financial health. The F-Score evaluates nine binary signals across profitability (positive ROA, positive cash flow, improving ROA, earnings quality), leverage (decreasing debt, improving liquidity, no share dilution), and operating efficiency (improving gross margin, improving asset turnover). Scores of 7 to 9 indicate strong and improving fundamentals. Learn more in our complete guide to financial health indicators.

Stran & Company Inc (SWAG) has an earnings quality ratio of 6.26x, considered low quality (accrual-driven). This ratio compares operating cash flow to net income. A ratio above 1.0x means the company generates more cash than its reported earnings, indicating sustainable, cash-backed profits. Ratios below 1.0x suggest earnings rely on accounting accruals rather than actual cash generation. Learn more in our complete guide to financial health indicators.

Stran & Company Inc (SWAG) scores 40 out of 100 on our Financial Profile, indicating moderate overall financial health. This composite score evaluates six dimensions: profitability (operating margin), revenue growth, leverage (debt-to-equity), liquidity (current ratio), cash flow quality (free cash flow margin), and shareholder returns (return on equity). Each dimension is normalized against standard financial benchmarks. Learn more in our complete guide to financial health indicators.

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