Stran & Company, Inc (SWAG) Income Statement
SWAG 2025 at a glance
Fiscal year ended December 31, 2025 · U.S. dollarsSWAG revenue and net income
Where SWAG's revenue goes
2025Each bar shows an amount and its share of revenue. SWAG kept −0.6% of revenue as net income.
SWAG profit margins
SWAG growth rates
to 2025| 1 year | 3 years | 5 years | 10 years | |
|---|---|---|---|---|
| Revenue | +40.6% | +26.1% | +25.2% | — |
| Gross profit | +32.6% | +30.5% | +24.4% | — |
| Operating income | — | — | — | — |
| Net income | — | — | — | — |
| EPS (diluted) | — | — | — | — |
1-year change and average annual growth (CAGR) over 3, 5 and 10 fiscal years. "—" when a starting value was zero or negative.
SWAG quarterly EPS vs estimates
Stran & beat the analyst EPS estimate in 1 of the last 2 quarters. Next report: November 11, 2026.
SWAG income statement
| 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | |
|---|---|---|---|---|---|---|---|
| Revenue | $116.2M | $82.7M | $76.0M | $57.9M | $39.7M | $37.8M | $30.3M |
| Cost of revenue | $82.0M | $56.8M | $51.1M | $42.5M | $27.9M | $26.3M | $21.4M |
| Gross profit | $34.2M | $25.8M | $24.9M | $15.4M | $11.8M | $11.5M | $9.0M |
| Research & development | — | — | — | $5.3M | — | — | — |
| Sales, general & admin | $36.2M | $30.7M | $25.3M | $17.8M | $12.3M | $10.0M | $8.2M |
| Total operating expenses | $36.2M | $30.7M | $26.1M | $19.0M | $12.3M | $10.0M | $8.4M |
| Operating income | −$2.0M | −$4.9M | −$1.3M | −$3.6M | −$437,879 | $1.5M | $593,754 |
| Interest income | $296,000 | $305,000 | $570,387 | $94,680 | $6,826 | $0 | $977 |
| Interest expense | — | $387 | — | $574,345 | $136,661 | $49,457 | $109,117 |
| Income before taxes | −$627,000 | −$4.1M | −$344,000 | −$3.3M | $127,740 | $1.5M | $561,614 |
| Income taxes | $120,000 | $5,000 | $41,000 | $222,000 | −$107,500 | $422,236 | $171,751 |
| Net income | −$747,000 | −$4.1M | −$385,000 | −$3.5M | $235,240 | $1.0M | $389,863 |
| EBITDA | $480,000 | −$3.3M | $314,000 | −$2.0M | $711,114 | $1.7M | $845,112 |
| EPS (diluted) | −$0.05 | −$0.30 | −$0.02 | −$0.16 | −$0.10 | $0.00 | — |
| Gross margin | 29.5% | 31.2% | 32.7% | 26.6% | 29.8% | 30.4% | 29.6% |
| Operating margin | −1.7% | −5.9% | −1.7% | −6.2% | −1.1% | 3.9% | 2.0% |
| Net margin | −0.6% | −5.0% | −0.5% | −6.0% | 0.6% | 2.7% | 1.3% |
| Jun '26 | Mar '26 | Dec '25 | Sep '25 | Jun '25 | Mar '25 | Dec '24 | Sep '24 | Jun '24 | Mar '24 | Dec '23 | Sep '23 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $33.4M | $31.2M | $28.9M | $26.0M | $32.6M | $28.7M | $20.1M | $20.1M | $16.7M | $18.8M | $23.3M | $19.7M |
| Cost of revenue | $23.3M | $21.6M | $20.1M | $18.9M | $22.7M | $20.2M | $14.2M | $14.2M | $11.2M | $13.2M | $14.6M | $13.3M |
| Gross profit | $10.0M | $9.6M | $8.8M | $7.1M | $9.9M | $8.5M | $6.0M | $6.0M | $5.5M | $5.6M | $8.7M | $6.4M |
| Sales, general & admin | $9.9M | $9.0M | $8.8M | $8.9M | $9.5M | $9.0M | $6.6M | $8.1M | $6.6M | $6.3M | $7.7M | $5.7M |
| Total operating expenses | $9.9M | $9.0M | $8.8M | $8.9M | $9.5M | $9.0M | $8.1M | $22.3M | $17.8M | $19.5M | $7.7M | $5.7M |
| Operating income | $86,000 | $645,000 | −$35,000 | −$1.8M | $395,000 | −$535,000 | −$2.2M | −$2.2M | −$1.1M | −$665,000 | $1.1M | $667,000 |
| Interest income | $67,000 | $67,000 | — | — | $77,000 | $42,000 | — | — | $82,000 | $93,000 | — | — |
| Interest expense | — | — | — | — | — | $212,000 | — | — | — | — | — | $183,156 |
| Income before taxes | $328,000 | $790,000 | $359,000 | −$1.3M | $757,000 | −$431,000 | −$2.0M | −$2.0M | −$1.0M | −$487,000 | $1.4M | $1.1M |
| Income taxes | $19,000 | $46,000 | $116,000 | −$72,000 | $114,000 | −$38,000 | −$1,000 | — | — | — | $495,406 | −$136,000 |
| Net income | $309,000 | $744,000 | $243,000 | −$1.2M | $643,000 | −$393,000 | −$2.0M | −$2.0M | −$1.0M | −$487,000 | $883,317 | $1.3M |
| EBITDA | $618,000 | $1.1M | $658,000 | −$1.0M | $1.0M | −$159,000 | −$1.8M | — | — | — | $1.8M | $1.3M |
| EPS (diluted) | $0.02 | $0.04 | $0.01 | −$0.07 | $0.03 | −$0.02 | −$0.11 | −$0.11 | −$0.06 | −$0.03 | $0.03 | $0.04 |
| Gross margin | 30.0% | 30.9% | 30.4% | 27.2% | 30.3% | 29.6% | 29.5% | 29.5% | 32.8% | 29.8% | 37.4% | 32.5% |
| Operating margin | 0.3% | 2.1% | −0.1% | −6.9% | 1.2% | −1.9% | −10.8% | −10.8% | −6.6% | −3.5% | 4.6% | 3.4% |
| Net margin | 0.9% | 2.4% | 0.8% | −4.8% | 2.0% | −1.4% | −10.1% | −10.1% | −6.1% | −2.6% | 3.8% | 6.4% |
Quarterly columns are labeled by the month the quarter ended. Figures in U.S. dollars as reported in SWAG's financial statements (latest annual report filed March 25, 2026); data from EODHD. Sales, general & administrative expenses include sales and marketing.
SWAG financial results
In fiscal year 2025 (ended December 31, 2025), Stran & reported revenue of $116.2 million, up 40.6% from the year before. It had a net loss of $0.7 million, a net profit margin of −0.6%. Diluted earnings per share came to −$0.05. Over five years revenue grew at an average rate of 25.2% a year.
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SWAG income statement FAQ
What is Stran &'s annual revenue?
Stran & reported total revenue of $116.2 million for fiscal year 2025, which ended on December 31, 2025. That was up 40.6% from $82.7 million the previous year.
Is Stran & profitable?
No. Stran & reported a net loss of $0.7 million in fiscal 2025, a net profit margin of −0.6%; its operating margin was −1.7%.
What is Stran &'s gross margin?
Stran &'s gross margin was 29.5% in fiscal 2025: for every $100 of revenue, Stran & kept $29 after the direct cost of its products and services.
How fast is Stran & growing?
Revenue grew 25.2% a year on average over the last five fiscal years, from $37.8 million to $116.2 million.
What are Stran &'s earnings per share?
Stran & earned $-0.05 per diluted share in fiscal 2025, compared with $-0.30 a year earlier.
When will Stran & report its next earnings?
Stran & is expected to report results for the quarter ending September 30, 2026 on November 11, 2026.
When does Stran &'s fiscal year end?
Stran &'s fiscal year ends in December. The latest annual report covers the year ended December 31, 2025 and was filed on March 25, 2026.