Stran & Company Inc.

08/11/2026 | Press release | Distributed by Public on 08/11/2026 14:31

Stran & Company Reports $33.4 Million in Revenue and $0.6 Million in EBITDA for the Second Quarter of 2026 (Form 8-K)

Stran & Company Reports $33.4 Million in Revenue and $0.6 Million in EBITDA for the Second Quarter of 2026

Conference Call to be Held Wednesday, August 12, 2026 at 10:00 a.m. Eastern Time

Quincy, MA / August 11, 2026 / Stran & Company, Inc. ("Stran" or the "Company") (NASDAQ: SWAG) (NASDAQ: SWAGW), a leading outsourced marketing solutions provider that leverages its promotional products and loyalty incentive expertise, today announced its financial results for the three and six months ended June 30, 2026, and provided a business update. Management will host a conference call at 10:00 a.m. Eastern Time on Wednesday, August 12, 2026.

Second Quarter Financial Highlights

Sales: $33.4 million, up 2.4% year-over-year
Gross Profit: $10.0 million, up 1.6% year-over-year
Net Income: $0.3 million
EBITDA: $0.6 million
Cash, Cash Equivalents and Investments: $12.6 million as of June 30, 2026

First-Half 2026 Financial Highlights

Sales: $64.6 million, up 5.4% year-over-year
Gross Profit: $19.7 million, up 7.2% year-over-year
Net Income: $1.1 million
EBITDA: $1.6 million

"The first half of 2026 represents the strongest six-month period in Stran's history as a public company," said Andy Shape, Chief Executive Officer of Stran. "Revenue grew 5.4% to $64.6 million, gross profit increased 7.2% to $19.7 million, and we delivered net income of $1.1 million compared to $0.3 million in the first half of 2025. EBITDA more than doubled to $1.6 million from $0.7 million. These results demonstrate the operating leverage embedded in our platform and the progress we have made in building a sustainably profitable business."

"Our core Stran segment continued to be the primary growth engine in the second quarter, with revenue increasing 6.9% year-over-year to $23.3 million and gross margin of 32.5%. We expanded our enterprise footprint during the quarter with a new contract with a leading construction solutions provider expected to generate nearly seven figures in annual revenue and the onboarding of an industry veteran with a book of business focused on the gaming market. Our Stran Loyalty Solutions, LLC ("SLS") segment continued to improve operationally, increasing gross profit 7.8% to $2.5 million and nearly doubling operating income to $443 thousand, with gross margin expanding to 24.3% from 21.0% in the prior-year period. While the timing of customer orders created some variability in SLS revenue, the segment's trajectory toward sustainable profitability remains firmly intact."

"During the second quarter, we also resumed share repurchase activity under our $10 million authorized program, repurchasing and retiring approximately 131,000 shares at a cost of $272,000. Since program inception in May 2022, the Company has repurchased a total of 2.3 million shares for $4.2 million at a weighted-average price of $1.81 per share. We were also pleased to advance to No. 21 on the 2026 ASI Counselor Top 40 Distributors list, up from No. 23 in 2025."

"Looking ahead, our growing enterprise pipeline, diversified customer base of more than 2,000 active clients including over 30 Fortune 500 companies, and a strong balance sheet with approximately $12.6 million in cash, cash equivalents and investments position us well for the balance of 2026. We remain committed to expanding both our Stran and SLS segments, pursuing disciplined acquisition opportunities when appropriate, and delivering sustainable, long-term value for our customers and shareholders."

Financial Results for the Three Months Ended June 30, 2026

Total sales increased 2.4% to $33.4 million for the three months ended June 30, 2026, from $32.6 million for the three months ended June 30, 2025. Sales by our Stran segment increased 6.9% to $23.3 million for the three months ended June 30, 2026 from $21.8 million for the three months ended June 30, 2025. Sales by our SLS segment were $10.1 million for the three months ended June 30, 2026, compared to $10.8 million for the three months ended June 30, 2025.
Gross profit increased 1.6% to $10.0 million for the three months ended June 30, 2026 compared to the prior year period. Gross profit margin was 30.0% for the three months ended June 30, 2026 compared to 30.3% in the prior year period. Gross profit for the Stran segment was $7.6 million, with a gross margin of 32.5%. Gross profit for the SLS segment increased 7.8% to $2.5 million, with a gross margin of 24.3%, compared to 21.0% in the prior year period.
Total operating expenses were $9.9 million for the three months ended June 30, 2026, compared to $9.5 million for the three months ended June 30, 2025. As a percentage of sales, total operating expenses were 29.8% for the three months ended June 30, 2026, compared to 29.1% for the three months ended June 30, 2025.
Net income was $0.3 million for the three months ended June 30, 2026, compared to net income of $0.6 million for the three months ended June 30, 2025.
EBITDA was $0.6 million for the three months ended June 30, 2026, compared to $0.9 million in the prior year period.

Financial Results for the Six Months Ended June 30, 2026

Total sales increased 5.4% to $64.6 million for the six months ended June 30, 2026, from $61.3 million for the six months ended June 30, 2025. Sales by our Stran segment increased 9.3% to $46.7 million for the six months ended June 30, 2026 from $42.7 million for the six months ended June 30, 2025. Sales by our SLS segment were $17.9 million for the six months ended June 30, 2026 compared to $18.6 million for the six months ended June 30, 2025.
Gross profit increased 7.2% to $19.7 million for the six months ended June 30, 2026 compared to the prior year period. Gross profit margin increased to 30.4% for the six months ended June 30, 2026 from 30.0% in the prior year period. Gross profit for the Stran segment increased to $15.0 million, with a gross margin of 32.1%. Gross profit for the SLS segment increased 18.5% to $4.7 million, with a gross margin of 26.2%, compared to 21.4% in the prior year period.
Total operating expenses were $18.9 million for the six months ended June 30, 2026, compared to $18.5 million for the six months ended June 30, 2025. As a percentage of sales, total operating expenses decreased to 29.3% for the six months ended June 30, 2026, from 30.2% for the six months ended June 30, 2025.
Net income was $1.1 million for the six months ended June 30, 2026, compared to net income of $0.3 million for the six months ended June 30, 2025, an increase of more than 300%.
EBITDA was $1.6 million for the six months ended June 30, 2026, compared to $0.7 million in the prior year period, an improvement of $0.8 million or approximately 115%.

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Conference Call

Management will host a conference call at 10:00 A.M. Eastern Time on Wednesday, August 12, 2026, to discuss the Company's financial results, as well as the Company's corporate progress and other developments.

The conference call will be available via telephone by dialing toll free 888-506-0062 for U.S. callers or +1 973-528-0011 for international callers and using entry code: 544325. A webcast of the call may be accessed at https://www.webcaster5.com/Webcast/Page/2855/54303 or on the Investor Relations section of the Company's website: ir.stran.com/news-events/ir-calendar.

A webcast replay will be available on the Investor Relations section of the Company's website (ir.stran.com/news-events/ir-calendar) through August 12, 2027. A telephone replay of the call will be available approximately one hour following the call, through August 26, 2026, and can be accessed by dialing 877-481-4010 for U.S. callers or +1 919-882-2331 for international callers and entering conference ID: 54303.

About Stran

For over 30 years, Stran has grown to become a leader in the promotional products industry, specializing in complex marketing programs to help recognize the value of promotional products, branded merchandise, and loyalty incentive programs as a tool to drive awareness, build brands and impact sales. Stran is the chosen promotional programs manager of many Fortune 500 companies, across a variety of industries, to execute their promotional marketing, loyalty and incentive, sponsorship activation, recruitment, retention, and wellness campaigns. Stran provides world-class customer service and utilizes cutting-edge technology, including efficient ordering and logistics technology to provide order processing, warehousing and fulfillment functions. The Company's mission is to develop long-term relationships with its clients, enabling them to connect with both their customers and employees in order to build lasting brand loyalty. Additional information about the Company is available at: www.stran.com.

Stran & Company Inc. published this content on August 11, 2026, and is solely responsible for the information contained herein. Distributed via EDGAR on August 11, 2026 at 20:32 UTC. If you believe the information included in the content is inaccurate or outdated and requires editing or removal, please contact us at [email protected]