Napco Earnings Reports

In Q4 2025, Napco delivered $50.7M in revenue and $11.63M in net income. Recurring service revenue grew to $22.4M with a strong 91% margin, though EPS declined slightly year over year.

NAPCO Security Technologies, Inc. saw a decline in total revenue and net income in Q3 FY25. Recurring service revenue continued to grow and now comprises nearly half of total revenue, helping offset a substantial drop in equipment sales.

NAPCO Security Technologies reported a decrease in net sales by 9.7% year-over-year, but an increase in recurring service revenue by 14.4%. The gross profit margin improved to 57.0% from 52.6% in the prior year quarter. Diluted EPS decreased to $0.28 from $0.34 in the prior year quarter.

NAPCO Security Technologies reported a 6% increase in net sales, reaching a Q1 record of $44.0 million, and a 7% increase in net income, also a Q1 record, at $11.2 million. Recurring service revenues increased by 22% to $21.1 million, while adjusted EBITDA decreased by 4% to $12.3 million.

NAPCO Security Technologies reported a successful Q4 and fiscal year, marked by record revenue and net income. Q4 sales reached $50.3 million, a 13% increase year-over-year, while net income increased by 28% to $13.5 million. Recurring service revenues played a significant role, increasing 27% in Q4. The company's strong financial health is underscored by growing cash reserves and an increased quarterly dividend.

NAPCO Security Technologies reported a strong third quarter in fiscal 2024, achieving record revenues of $49.3 million, a 13% increase year-over-year. Net income also reached a record $13.2 million, up 38% from the same period last year, and adjusted EBITDA increased by 37% to $15.6 million. The company's recurring service revenues grew by 29% to $19.5 million, with a gross margin of 92%.

NAPCO Security Technologies reported a strong second quarter in fiscal 2024, marked by record revenues, net income, and adjusted EBITDA. Net sales increased by 12% to $47.5 million, driven by a 25% increase in recurring service revenues and growth in equipment revenues. Net income soared by 221% to $12.6 million, and adjusted EBITDA increased by 191% to $15.1 million.

NAPCO Security Technologies reported a strong start to fiscal year 2024, with record first-quarter sales of $41.7 million, a 6% increase year-over-year. Net income soared by 239% to $10.5 million, and adjusted EBITDA increased by 174% to $12.9 million. Recurring service revenues grew by 25% to $17.3 million, contributing significantly to the overall growth and profitability.

NAPCO Security Technologies reported a 3% increase in net sales for the quarter, reaching $44.7 million, the highest Q4 sales in the Company’s history. Net income increased by 40% to $10.6 million, and Adjusted EBITDA increased by 41% to $13.0 million.

NAPCO Security Technologies reported a strong third quarter for fiscal year 2023, marked by record sales and profitability. Net sales increased by 21% to $43.5 million, with recurring service revenues up by 26% to $15.1 million. The company's net income reached a record $10.8 million, and adjusted EBITDA also hit a quarterly record of $12.7 million. The company initiated a quarterly dividend program.

NAPCO Security Technologies reported a strong second quarter for fiscal year 2023, marked by record sales of $42.3 million, a 27% increase year-over-year. The company also achieved a record net income of $8.4 million and adjusted EBITDA of $10.3 million, driven by growth in both equipment and recurring service revenues.

NAPCO Security Technologies reported a 27% increase in net sales to a record $39.5 million for the first quarter of fiscal 2023. Recurring service revenues increased by 35% to $13.8 million, with gross margins of 88%. Net income was $6.4 million, and Adjusted EBITDA was $8.3 million.

NAPCO Security Technologies reported a strong fourth quarter with a 22% increase in net sales, reaching a record $43.2 million. Recurring service revenues increased by 33% to $12.7 million, and net income rose by 36% to a record $7.5 million. The company's performance was driven by growth in both equipment and recurring service revenues, with gross margins for recurring service revenue remaining robust at 87%.

NAPCO Security Technologies, Inc. announced strong revenue growth for the third quarter of fiscal 2022, with sales reaching a record $35.9 million, a 27% increase compared to the same period last year. Recurring service revenue also saw a significant increase of 35%, reaching $12.0 million. However, net income decreased by 34% due to increased costs from supply chain disruptions.

NAPCO Security Technologies reported a 23% increase in net sales for the second quarter of fiscal year 2022, reaching a record $33.4 million. Recurring service revenue increased by 35% to $11.0 million. However, net income decreased by 68% to $1.0 million due to supply chain disruptions and a shift in product mix, as well as a non-cash stock-based compensation charge.

NAPCO Security Technologies reported a strong first quarter in fiscal year 2022, marked by a 34% increase in sales to a record $31.1 million and a 234% increase in net income to $7.8 million. Recurring service revenues grew by 41% to $10.2 million, with a gross margin of 86%. The company's cash and cash equivalents and marketable securities increased to $43.2 million.

NAPCO Security Technologies reported record fourth-quarter results, with a 54% increase in net sales to $35.4 million and net income of $5.0 million, compared to a net loss of $1.9 million in the same period last year. Recurring service revenue grew by 43% to $9.5 million, with a gross margin of 87%. The company's strong performance was attributed to its commercial intrusion and fire alarm business, which was not significantly affected by COVID-19.

NAPCO Security Technologies reported a 5% increase in net sales, reaching a record $27.2 million for the fiscal second quarter. Recurring service revenues grew by 42% to $8.2 million, with a gross margin of 85%. Net income increased by 38% over the fiscal first quarter.

NAPCO Security Technologies reported a decrease in net sales by 12% to $23.2 million compared to the same period last year. However, recurring service revenues remained strong with 36% growth, and the company is focused on expanding into new markets and technologies.

NAPCO Security Technologies reported a decrease in net sales for the quarter due to the impact of the COVID-19 pandemic on equipment sales, but recurring service revenues remained strong with a 35% growth. The company is focused on driving recurring revenue growth, investing in new technologies, and managing costs.

NAPCO Security Technologies reported a 4% increase in sales, reaching a record $26.2 million for the third fiscal quarter of 2020. Net income increased by 16% to a record $3.6 million, with earnings per share rising by 18% to $0.20. Recurring service revenues grew by 37% to $6.2 million.

NAPCO Security Technologies reported a 4% increase in sales to a record $25.8 million for the second fiscal quarter of 2020. Net income increased by 25% to a record $3.6 million, with earnings per share rising by 27% to $0.19. Recurring service revenues grew by 40% to $5.8 million.