Stran & Company announced on August 12, 2025, its financial results for the second quarter of 2025, reporting a substantial 95.2% increase in sales to approximately $32.6 million compared to Q2 2024. The Stran segment's sales grew 30.4% to $21.8 million, while the Stran Loyalty Solutions (SLS) segment contributed $10.8 million.
The company achieved a net income of $643,000 for Q2 2025, a significant turnaround from a net loss of $1.0 million in Q2 2024. For the six months ended June 30, 2025, net income reached $0.3 million, compared to a net loss of $1.5 million in the prior year period, driven by increased gross profit and improved operational leverage.
Gross profit for Q2 2025 rose 80.5% to $9.9 million, with the Stran segment's gross profit margin improving to 34.9%. Consolidated gross profit margin was 30.3%, reflecting the inclusion of the SLS business. Operating expenses as a percentage of sales significantly decreased to 29.1% from 39.4% in Q2 2024.
Stran maintains a robust liquidity position with approximately $18.1 million in cash, cash equivalents, and investments as of June 30, 2025, and no long-term debt. The company also repurchased over 110,000 shares in Q2 2025 under its $10 million share repurchase program, demonstrating confidence in its valuation.
The company secured multiple six-figure, multiyear contracts in diverse sectors, including residential real estate, diagnostics, and public transportation. An expanded loyalty program for an online sports and entertainment client generated over 51,000 orders and more than $4 million in sales, showcasing Stran's capacity for high-impact solutions.
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