Napco delivered a strong Q2 FY2026 with double-digit revenue growth, expanding margins, and higher earnings, supported by continued momentum in recurring service revenue and solid equipment sales.
Napco delivered strong Q1 2026 results with growth across all key segments. Recurring service revenue hit $23.4 million and continued to drive profitability with a 90% gross margin. Equipment sales also performed well, supported by demand for door-locking systems.
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.