STRT (STRT) financial statements
STRT reported revenue of $579M in fiscal 2026, up 3.7% a year over 9 years.
Net income was $21M and the operating margin 4.6%, against 3.6% in 2017.
Free cash flow was $39M, and the company returned $7M in net buybacks.
The diluted share count rose 12% over the period (dilution).
Revenue and free cash flow
Fiscal years, $ billions.
Income statement
Fiscal years, from STRT's 10-K filings with the SEC.
| Fiscal year | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $417M | $439M | $487M | $385M | $485M | $452M | $493M | $538M | $565M | $579M |
| Cost of revenue | $356M | $385M | $429M | $350M | $407M | $396M | $451M | $472M | $480M | $484M |
| Gross profit | $61M | $54M | $58M | $35M | $79M | $56M | $42M | $65M | $85M | $95M |
| Research and development | $5M | $5M | $14M | $10M | $11M | $12M | $16M | $15M | $22M | $22M |
| Operating income | $15M | $13M | $11M | -$9M | $34M | $9M | -$6M | $18M | $23M | $27M |
| Interest expense | $417,000 | $1M | $2M | $920,000 | $302,000 | $221,000 | $960,000 | $900,000 | $1M | $359,000 |
| Pre-tax income | $16M | $18M | -$20M | -$8M | $35M | $9M | -$8M | $20M | $25M | $33M |
| Income tax | $4M | $2M | -$8M | -$2M | $5M | $415,000 | $1M | $4M | $6M | $11M |
| Net income | $7M | $12M | -$17M | -$8M | $23M | $7M | -$7M | $16M | $19M | $21M |
| EPS (diluted) | $1.96 | $3.32 | -$4.63 | -$2.04 | $5.85 | $1.79 | -$1.70 | $4.07 | $4.58 | $5.00 |
| Diluted shares | 4M | 4M | 4M | 4M | 4M | 4M | 4M | 4M | 4M | 4M |
| Gross margin | 14.6% | 12.4% | 11.9% | 9.2% | 16.2% | 12.4% | 8.6% | 12.2% | 15.0% | 16.5% |
| Operating margin | 3.6% | 3.0% | 2.2% | -2.2% | 7.0% | 2.0% | -1.2% | 3.3% | 4.0% | 4.6% |
| Net margin | 1.7% | 2.8% | -3.5% | -2.0% | 4.6% | 1.6% | -1.4% | 3.0% | 3.3% | 3.6% |
Balance sheet
Fiscal years, from STRT's 10-K filings with the SEC.
| Fiscal year | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 |
|---|---|---|---|---|---|---|---|---|---|---|
| Cash and short-term investments | $8M | $8M | $8M | $12M | $14M | $9M | $21M | $25M | $85M | $108M |
| Receivables | $65M | $74M | $84M | $42M | $70M | $76M | $90M | $99M | $102M | $99M |
| Inventory | $35M | $47M | $47M | $54M | $71M | $80M | $78M | $82M | $65M | $64M |
| Total current assets | $129M | $151M | $157M | $125M | $175M | $188M | $226M | $254M | $290M | $296M |
| Property, plant and equipment | $112M | $117M | $118M | $105M | $96M | $92M | $94M | $86M | $77M | $70M |
| Total assets | $274M | $307M | $313M | $266M | $311M | $319M | $341M | $364M | $391M | $387M |
| Total current liabilities | $68M | $69M | $79M | $48M | $78M | $82M | $109M | $118M | $119M | $102M |
| Total liabilities | $101M | $124M | $125M | $90M | $98M | $99M | $130M | $139M | $145M | $122M |
| Shareholders' equity | $151M | $162M | $163M | $152M | $181M | $188M | $185M | $201M | $222M | $239M |
| Net debt | -$8M | -$8M | -$8M | -$12M | -$14M | -$9M | -$21M | -$25M | -$85M | -$108M |
Cash flow
Fiscal years, from STRT's 10-K filings with the SEC.
| Fiscal year | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 |
|---|---|---|---|---|---|---|---|---|---|---|
| Operating cash flow | $23M | $7M | $30M | $25M | $35M | $10M | $10M | $12M | $72M | $46M |
| Capital spending | $37M | $24M | $17M | $12M | $9M | $14M | $17M | $10M | $7M | $7M |
| Free cash flow | -$14M | -$17M | $12M | $13M | $26M | -$4M | -$7M | $2M | $65M | $39M |
| Stock-based compensation | $2M | $1M | $1M | $996,000 | $972,000 | $1M | $1M | $1M | $3M | $3M |
| Dividends paid | $2M | $2M | $2M | $2M | — | — | — | — | — | — |
| Share buybacks (net) | — | — | — | — | — | — | — | $0 | $0 | -$7M |
| Free cash flow margin | -3.3% | -3.9% | 2.6% | 3.4% | 5.4% | -0.8% | -1.5% | 0.5% | 11.4% | 6.7% |
| Dividends per share | $0.55 | $0.55 | $0.56 | $0.42 | — | — | — | — | — | — |
Every line, every quarterThe deep dive has fifteen-plus years of statements, quarterly results, charts and valuation models for STRT.
Open STRT in InvestinglyQuestions
What was STRT's revenue in 2026?
$579M in fiscal 2026, from its 10-K filing.
How much free cash flow does STRT generate?
$39M in fiscal 2026 (operating cash flow minus capital spending).
From STRT's annual reports filed with the SEC (XBRL data), standardised by Investingly. Information only, not investment advice.