Stran Q1 FY26 net income swings to profit of $0.7 million; revenue rises 8.9% to $31.2 million

• Stran & Company revenue rose 8.9% to $31.2 million for first-quarter 2026.
• Net income swung to profit of $0.7 million from a loss year earlier; EBITDA improved to $1 million from $(0.2) million.
• Gross margin widened 1.3 percentage points to 30.9%, while gross profit increased 13.7% to $9.6 million.
• Stran segment revenue climbed 11.9% to $23.4 million, while SLS revenue was flat at $7.8 million; SLS operating results swung to income of $0.5 million from a loss of $0.5 million.
• Management cited SLS gross margin expansion to 28.7% from 21.8% due to a more favorable customer mix and cost discipline, and highlighted a three-year contract extension with a nonprofit running organization plus a new multimillion-dollar agreement with a gaming company.

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