Stran & Company Reports 32% Increase in Third Quarter 2026 Gross Profit as Gross Margin Expands to 33.3%

Andy Shape, Chief Executive Officer of Stran

“Our third-quarter results reflect the progress we are making in building a stronger, more profitable business”

Andy Shape, Chief Executive Officer of Stran

“Revenue grew 8.2% to $28.1 million, gross profit increased 32.4% to $9.4 million, and gross margin expanded by approximately 610 basis points to 33.3%.”

Andy Shape, Chief Executive Officer of Stran

“We are beginning to see the benefits of the operational improvements and strategic investments we have made across the organization, particularly within Stran Loyalty Solutions, which is becoming a more meaningful contributor to our overall profitability, with segment gross profit increasing to $3.0 million from $1.6 million a year ago.”

Andy Shape, Chief Executive Officer of Stran

“Importantly, for the first nine months of 2026, we generated net income of $1.1 million, compared to a net loss of $1.0 million in the prior-year period.”

Andy Shape, Chief Executive Officer of Stran

“Looking ahead, our focus remains on translating revenue growth into stronger earnings and cash flow, while maintaining the financial flexibility to pursue new customer opportunities and strategic growth initiatives.”

Andy Shape, Chief Executive Officer of Stran

“We also continue to execute our share repurchase program as part of our disciplined approach to capital allocation.”

Andy Shape, Chief Executive Officer of Stran

“With an improving earnings profile, positive operating cash flow and a strong balance sheet, we believe Stran is entering its next phase of growth from a stronger financial position.”