Stran & Company, Inc. (SWAG) Financial Statements
Industry: Advertising Agencies (Services)
In fiscal 2025, Stran reported revenue of $116.2M, up 40.6% from $82.7M the year before. Net income was -$747,000 (a -0.6% net margin), or -$0.04 per diluted share. Gross margin was 29.5% and operating margin was -1.7%. Operating activities generated -$4.7M of cash, leaving -$5.5M of free cash flow. At fiscal year end, Stran held $49.3M in total assets against $18.8M in total liabilities, including $6.8M of cash and equivalents.
Open the full interactive Stran financials → Quarterly statements, key ratios, valuation history and price charts.
Stran Key Stats
| Share Price | $1.40 |
|---|---|
| Market Cap | $26.3M |
| Revenue YoY Growth | +40.6% |
| 52-Week Range | $1.33 – $3.35 |
| Shares Outstanding | 18.7 million (basic, 2026 Q2) |
Stran Income Statement
| FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 | |
|---|---|---|---|---|---|
| Revenue | $39.7M | $59.0M | $75.9M | $82.7M | $116.2M |
| Cost of Goods Sold | $27.9M | $42.4M | $51.0M | $56.8M | $82.0M |
| Gross Profit | $11.8M | $16.6M | $24.9M | $25.8M | $34.2M |
| Operating Income | -$437,879 | -$1.5M | -$1.1M | -$4.9M | -$2.0M |
| Pre-Tax Income | $127,740 | -$1.5M | $66,507 | -$4.1M | -$627,000 |
| Income Tax | -$107,500 | -$699,187 | $31,449 | $5,000 | $120,000 |
| Net Income | $235,240 | -$778,441 | $35,058 | -$4.1M | -$747,000 |
| Diluted EPS | $0.01 | -$0.04 | — | -$0.22 | -$0.04 |
Stran Quarterly Results
| 2025 Q3 | 2025 Q4 | 2026 Q1 | 2026 Q2 | |
|---|---|---|---|---|
| Revenue | $26.0M | $28.9M | $31.2M | $33.4M |
| Net Income | -$1.2M | $243,000 | $744,000 | $309,000 |
| Diluted EPS | -$0.07 | $0.01 | $0.04 | $0.02 |
Stran Balance Sheet
| FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 | |
|---|---|---|---|---|---|
| Cash & Equivalents | $32.2M | $15.3M | — | — | $6.8M |
| Current Assets | $47.6M | $48.6M | $49.1M | $45.5M | $38.6M |
| Total Assets | $51.2M | $56.6M | $61.6M | $55.1M | $49.3M |
| Current Liabilities | $7.8M | $14.0M | $16.7M | $22.2M | $16.5M |
| Total Long-Term Debt | $7.2M | $784,683 | $7.0M | — | — |
| Total Liabilities | $9.6M | $17.3M | $22.1M | $23.5M | $18.8M |
| Shareholders' Equity | $41.6M | $39.4M | $39.5M | $31.6M | $30.5M |
Stran Cash Flow Statement
| FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 | |
|---|---|---|---|---|---|
| Cash From Operations | -$5.8M | -$2.4M | -$4.4M | $2.8M | -$4.7M |
| Cash From Investing | — | -$11.6M | -$2.1M | -$533,000 | $3.2M |
| Cash From Financing | $37.8M | -$2.9M | -$825,305 | -$928,000 | -$1.2M |
| Free Cash Flow | -$6.2M | -$3.0M | -$5.4M | $2.2M | -$5.5M |
Figures from Stran's 10-K and 10-Q filings with the SEC, as of 2026-10-14. Fiscal years follow the company's own reporting calendar. EPS and share counts are adjusted for later stock splits. See the full Stran financials page for every line item.
Stran Company Profile
| Ticker | SWAG |
|---|---|
| Exchange | Nasdaq |
| Industry | Advertising Agencies (Services) |
| Headquarters | Quincy, Massachusetts |
| Incorporated in | Nevada |
| Fiscal Year End | December 31 |
| SEC Filer Category | Emerging growth company |
| SEC CIK | 0001872525 |
Frequently Asked Questions
What was Stran's revenue in fiscal 2025?
Stran (SWAG) reported revenue of $116.2M for fiscal 2025.
What is Stran's annual revenue history?
Stran's annual revenue by fiscal year: 2021: $39.7M; 2022: $59.0M; 2023: $75.9M; 2024: $82.7M; 2025: $116.2M.
What was Stran's net income in fiscal 2025?
Stran reported net income of -$747,000 for fiscal 2025.
What was Stran's earnings per share (EPS) in fiscal 2025?
Stran's diluted EPS was -$0.04 for fiscal 2025 (adjusted for any later stock splits).
How much free cash flow did Stran generate in fiscal 2025?
Stran generated -$5.5M of free cash flow in fiscal 2025.
What was Stran's revenue last quarter?
In its most recent reported quarter (2026 Q2), Stran reported revenue of $33.4M.
How many shares of Stran are outstanding?
Stran reported a weighted average of 18.7 million basic shares outstanding in 2026 Q2.
What is Stran's market cap?
Based on its latest closing price, Stran (SWAG) has a market capitalization of about $26.3M.
When does Stran's fiscal year end?
Stran's fiscal year end, as registered with the SEC, is December 31.
Where is Stran headquartered?
Stran lists its business address in Quincy, Massachusetts in its SEC filings.