{"schema_version":"secwatch.filing_event.v1","accession":"0001213900-26-055117","form_type":"8-K","ticker":"SWAG","cik":"0001872525","company_name":"Stran & Company, Inc.","filed_at":"2026-05-12T20:31:16+00:00","discovered_at":"2026-05-12T20:32:00.302255+00:00","generated_at":"2026-05-12T20:32:23.600394+00:00","sec_items":["2.02","9.01"],"event_type":"earnings","sentiment":"positive","materiality_score":0.75,"calibrated_materiality_score":0.75,"confidence":"high","headline":"Stran Q1 revenue $31.2M (+8.9% YoY); net income $0.7M vs loss; EBITDA $1.0M","bullets":["Revenue $31.2M (+8.9%), gross profit $9.6M (+13.7%) with margin expansion to 30.9% from 29.6%.","Net income $0.7M vs net loss $0.4M in Q1 2025; EBITDA $1.0M vs ($0.2M) - $1.2M improvement.","Stran segment revenue $23.4M (+11.9%); SLS segment revenue flat at $7.8M but gross margin surged to 28.7% from 21.8%.","SLS operating income swung from ($0.5M) loss to $0.5M profit; CEO calls Q1 a turning point.","New business wins: three-year extension with major running organization, multimillion-dollar gaming deal, two Global 100 law firms. Cash $12.8M."],"urls":{"canonical":"https://secwatch.observer/filing/0001213900-26-055117","json":"https://secwatch.observer/filing/0001213900-26-055117.json","markdown":"https://secwatch.observer/filing/0001213900-26-055117.md","text":"https://secwatch.observer/filing/0001213900-26-055117.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1872525/000121390026055117/0001213900-26-055117-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1872525/000121390026055117/ea0290317-8k_stran.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-05-12T20:32:23.600394+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[{"claim_id":"61fa295c64939a75f78aafe989751bab6d451e80","claim":"Stran & Company, Inc. reported the first quarter of 2026 ended March 31, 2026 results: revenue $31.2 million, net income $0.7 million.","evidence_excerpt":"Stran & Company Reports $31.2 Million in Revenue and Achieves EBITDA of $1.0 Million for the First Quarter of 2026","evidence_source":"SEC 8-K Item 2.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1872525/000121390026055117/0001213900-26-055117-index.htm","confidence":0.95,"family_label":"Earnings Releases","details":[{"label":"Period","value":"the first quarter of 2026 ended March 31, 2026"},{"label":"Revenue","value":"$31.2 million"},{"label":"Net income","value":"$0.7 million"},{"label":"Result","value":"reported results"}],"fact_type":"earnings_release"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}