secwatch.observer — SEC 8-K summary
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Issuer:     Stran & Company, Inc. (SWAG)
CIK:        0001872525
Form:       8-K
Filed at:   2026-05-12T20:31:16+00:00
Accession:  0001213900-26-055117
Event type: earnings
Sentiment:  positive
Materiality: 0.75
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Stran Q1 revenue $31.2M (+8.9% YoY); net income $0.7M vs loss; EBITDA $1.0M
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- 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.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1872525/000121390026055117/0001213900-26-055117-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1872525/000121390026055117/ea0290317-8k_stran.htm
  HTML page:      https://secwatch.observer/filing/0001213900-26-055117

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer