Strattec Security (STRT) Work In Process (2011 - 2026)

Strattec Security has disclosed Work In Process across 16 years of filings, most recently posting $12.9 million for Q1 2026.

• In Q1 2026, Work In Process rose 5.77% year-over-year to $12.9 million; the TTM figure through Mar 2026 stood at $12.9 million (up 5.77% YoY), while the FY2025 annual figure was $11.3 million, down 26.89% from the prior year.
• Work In Process advanced to $12.9 million in Q1 2026, from $11.9 million in the prior quarter.
• Over the last five years, Work In Process for STRT reached as high as $19.4 million in Q4 2023 and fell as low as $11.3 million in Q2 2025.
• The 5-year median for Work In Process is $15.4 million (2023), against an average of $15.1 million.
• Annual changes were most pronounced in 2022 — Work In Process jumped 30.3% — and 2024, when it plunged 30.52%.
• A 5-year view of Work In Process shows it stood at $17.6 million in 2022, then increased by 9.8% to $19.4 million in 2023, then tumbled by 30.52% to $13.5 million in 2024, then decreased by 11.84% to $11.9 million in 2025, then increased by 8.97% to $12.9 million in 2026.
• According to Business Quant data, Work In Process over the past three periods registered $12.9 million, $11.9 million, and $11.8 million for Q1 2026, Q4 2025, and Q3 2025 respectively.