Napco Security Technologies, Inc. (NSSC) Financials

EPS

Hollow marker is the consensus estimate; filled is the reported figure, colored by beat or miss.

Revenue

Outlined bar is the consensus estimate; solid is reported.

Results

Periods without a consensus estimate or a reported figure show a dash.

Period	EPS estimate	EPS actual	EPS surprise %	Revenue estimate	Revenue actual	Revenue surprise %
Q4 26	$0.38	$0.5	+31.6%	—	$55.8M	—
Q3 26	-$0.11	-$0.02	+81.8%	—	$49.2M	—
Q2 26	$0.31	$0.37	+19.4%	—	$48.2M	—
Q1 26	$0.3	$0.35	+16.7%	—	$49.2M	—
Q4 25	$0.26	$0.36	+38.5%	—	$50.7M	—
Q3 25	$0.27	$0.3	+11.1%	—	$44M	—
Q2 25	$0.34	$0.29	-14.7%	—	$42.9M	—
Q1 25	$0.33	$0.29	-12.1%	—	$44M	—
Q4 24	$0.34	$0.39	+14.7%	—	$50.3M	—
Q3 24	$0.32	$0.37	+15.6%	—	$49.3M	—
Q2 24	$0.25	$0.35	+40.0%	—	$47.5M	—
Q1 24	$0.22	$0.27	+22.7%	—	$41.7M	—
Q4 23	$0.27	$0.3	+11.1%	—	$44.7M	—
Q3 23	$0.2	$0.3	+50.0%	—	$43.5M	—
Q2 23	$0.15	$0.23	+53.3%	—	$42.3M	—
Q1 23	$0.14	$0.18	+28.6%	—	$39.5M	—

EPS

Reported per-share earnings by fiscal year; the line turns dotted where reported figures end and the analyst consensus begins, with the shaded band marking the low–high range.

Revenue

Reported revenue by fiscal year; the line turns dotted where reported figures end and the analyst consensus begins, with the shaded band marking the low–high range.

Results

Periods without a consensus estimate or a reported figure show a dash.

Period	EPS estimate	EPS actual	EPS surprise %	Revenue estimate	Revenue actual	Revenue surprise %
FY26	—	—	—	—	$202.3M	—
FY25	—	$1.2	—	—	$181.6M	—
FY24	—	$1.35	—	—	$188.8M	—
FY23	—	$0.74	—	—	$170M

Total revenue

Reported revenue per period; the line is the change from the same period a year earlier, on its own left axis.

Period	FY17	FY18	FY19	FY20	FY21	FY22	FY23	FY24	FY25	FY26
Revenue	$87.4M	$91.7M	$102.9M	$101.4M	$114M	$143.6M	$170M	$188.8M	$181.6M	$202.3M
YoY change	+5.89%	+5%	+12.2%	-1.53%	+12.5%	+25.9%	+18.4%	+11.1%	-3.81%	+11.4%

Revenue and profits

Revenue, gross profit, operating income, and net income per period.

Condensed income statement

Click a row to chart it; unreported figures show a dash.

Period	FY17	FY18	FY19	FY20	FY21	FY22	FY23	FY24	FY25	FY26
Revenue	87.4M	91.7M	102.9M	101.4M	114M	143.6M	170M	188.8M	181.6M	202.3M
Cost of revenue	51.1M	53.8M	58.7M	58.5M	63.3M	84.4M	96.8M	87.1M	80.6M	82.5M
Gross profit	36.3M	38M	44.2M	42.8M	50.7M	59.2M	73.2M	101.8M	101M	119.8M
Gross margin	41.5%	41.4%	42.9%	42.3%	44.5%	41.2%	43.1%	53.9%	55.6%	59.2%
Research & development	6.7M	6.6M	7.2M	7.3M	7.6M	8M	9.3M	10.8M	12.6M	13.8M
Selling, general & administrative	23.2M	23M	23.2M	23.7M	25.2M	32.9M	33.6M	37.2M	42.2M	44.4M
Operating expenses	29.9M	29.6M	30.4M	30.9M	32.8M	40.9M	42.9M	47.9M	54.8M	58.2M
Operating income	6.4M	8.4M	13.8M	11.9M	17.9M	18.2M	30.3M	53.8M	46.3M	61.6M
Operating margin	7.3%	9.17%	13.4%	11.8%	15.7%	12.7%	17.8%	28.5%	25.5%	30.5%
Non-operating income, net	—	—	—	-1.9M	—	3.9M	—	—	—	-15.4M
Pretax income	6.3M	8.3M	13.8M	10.1M	17.9M	21.8M	31.2M	56.4M	50.1M	49.8M
Income tax	696K	684K	1.3M	2.3M	2.5M	2.2M	4.1M	6.6M	6.7M	6.8M
Net income	5.6M	7.6M	12.5M	7.8M	15.4M	19.6M	27.1M	49.8M	43.4M	43M
Net margin	6.41%	8.34%	12.1%	7.69%	13.5%	13.6%	16%	26.4%	23.9%	21.3%
EBITDA	7.8M	9.8M	15.2M	15.3M	19.6M	16.1M	32.3M	56M	48.5M	79.8M
EPS	0.15	0.2	0.33	0.23	0.41	0.53	0.74	1.35	1.2	—
Diluted EPS	0.15	0.2	0.33	0.23	0.41	0.53	0.73	1.34	1.19	—

Revenue and profits

Revenue, gross profit, operating income, and net income per period.

Condensed income statement

Click a row to chart it; unreported figures show a dash.

Period	Q1 24	Q2 24	Q3 24	Q4 24	Q1 25	Q2 25	Q3 25	Q4 25	Q1 26	Q2 26	Q3 26	Q4 26
Revenue	41.7M	47.5M	49.3M	50.3M	44M	42.9M	44M	50.7M	49.2M	48.2M	49.2M	55.8M
Cost of revenue	19.3M	22.5M	22.8M	22.5M	19.4M	18.4M	18.8M	23.9M	21.3M	19.9M	19.7M	21.6M
Gross profit	22.4M	25M	26.5M	27.8M	24.6M	24.5M	25.1M	26.8M	27.8M	28.2M	29.5M	34.2M
Gross margin	53.8%	52.6%	53.8%	55.3%	55.9%	57%	57.2%	52.8%	56.6%	58.6%	60%	61.3%
Research & development	2.4M	2.5M	2.8M	3M	3.1M	3.1M	3.2M	3.2M	3.2M	3.5M	3.4M	3.7M
Selling, general & administrative	8.4M	8.7M	9.2M	10.9M	9.7M	10.2M	10.8M	11.5M	11M	10M	11.3M	12.1M
Operating expenses	10.9M	11.2M	12M	13.9M	12.8M	13.3M	14M	14.7M	14.2M	13.5M	14.7M	15.8M
Operating income	11.6M	13.8M	14.5M	14M	11.9M	11.2M	11.1M	12.1M	13.6M	14.8M	14.8M	18.4M
Operating margin	27.7%	29%	29.4%	27.7%	26.9%	26%	25.4%	23.8%	27.7%	30.6%	30.1%	33%
Non-operating income, net	—	—	—	—	—	—	—	—	138K	102K	-15.9M	251K
Pretax income	12M	14.5M	15.1M	14.7M	13M	12.1M	12M	13M	14.6M	15.7M	-202K	19.6M
Income tax	1.5M	1.9M	1.9M	1.2M	1.8M	1.6M	1.9M	1.3M	2.5M	2.2M	206K	1.9M
Net income	10.5M	12.6M	13.2M	13.5M	11.2M	10.5M	10.1M	11.6M	12.2M	13.5M	-408K	17.8M
Net margin	25.1%	26.5%	26.8%	26.9%	25.4%	24.4%	23%	22.9%	24.7%	28%	-0.83%	31.8%
EBITDA	12.1M	14.4M	15M	14.5M	12.4M	11.8M	11.7M	12.7M	14.2M	15.3M	31.3M	19M
EPS	0.28	0.34	0.36	—	0.3	0.29	0.28	—	0.34	0.38	-0.01	0.5
Diluted EPS	0.28	0.34	0.36	—	0.3	0.28	0.28	—	0.34	0.38	-0.01	0.5

P/E

Annual history by fiscal year; click a table row below to chart a different metric.

Current values are trailing twelve months where available, otherwise the latest fiscal year; unreported figures show a dash.

Key stats

Metric	FY17	FY18	FY19	FY20	FY21	FY22	FY23	FY24	FY25	FY26	Current
Market cap	176.8M	275.2M	551.3M	431.4M	667.3M	756.2M	1.3B	1.9B	1.1B	—	1.3B
Enterprise value	176.9M	269.9M	543.2M	424.2M	638.1M	716.4M	1.2B	1.8B	983.8M	—	1.1B
Shares outstanding	37.6M	37.6M	37.1M	36.9M	36.7M	36.7M	36.7M	36.8M	36.3M	—	—

Valuation

Metric	FY17	FY18	FY19	FY20	FY21	FY22	FY23	FY24	FY25	FY26	Current
P/E	31.6	36	44.2	55.3	43.3	38.6	46.9	38.4	24.8	—	29.7
P/S	2.02	3	5.36	4.26	5.85	5.27	7.49	10.1	5.93	—	6.3
P/B	3.11	4.34	7.75	5.64	7.22	6.65	9.08	10.7	6.39	—	6.68
EV/EBITDA	22.8	27.5	35.8	27.8	32.5	44.5	37.6	32.5	20.3	—	18
EV/Sales	2.02	2.94	5.28	4.18	5.6	4.99	7.13	9.64	5.42	—	5.65
Earnings yield	3.17%	2.78%	2.26%	1.81%	2.31%	2.59%	2.13%	2.61%	4.03%	—	3.37%
FCF yield	0.58%	2.39%	1.21%	2.01%	3.29%	0.91%	1.71%	2.29%	4.77%	—	4.05%
PEG	—	—	—	—	—	—	—	—	—	—	19.8

Profitability

Metric	FY17	FY18	FY19	FY20	FY21	FY22	FY23	FY24	FY25	FY26	Current
Gross margin	41.5%	41.4%	42.9%	42.3%	44.5%	41.2%	43.1%	53.9%	55.6%	59.2%	61.3%
Operating margin	7.3%	9.17%	13.4%	11.8%	15.7%	12.7%	17.8%	28.5%	25.5%	30.5%	32.2%
Net margin	6.41%	8.34%	12.1%	7.69%	13.5%	13.6%	16%	26.4%	23.9%	21.3%	21.3%
ROE	9.84%	12.1%	17.5%	10.2%	16.7%	17.2%	19.4%	27.8%	25.7%	22.5%	23.9%
ROA	7.9%	10.4%	14.5%	7.46%	12.6%	13.2%	16.3%	24%	21.9%	18%	17.5%
ROIC	9.96%	13.3%	19.8%	13.3%	24.4%	22.1%	33.3%	54.9%	53.6%	90.8%	90.8%
Return on tangible assets	10.2%	13.1%	17.5%	8.27%	13.6%	14%	17.1%	24.8%	22.7%	18.5%	18.5%

Financial health

Metric	FY17	FY18	FY19	FY20	FY21	FY22	FY23	FY24	FY25	FY26	Current
Current ratio	4.9	5.71	4.55	4.45	4.72	4.52	6.67	7.59	6.75	4.9	4.9
Quick ratio	2.39	3.1	2.5	2.47	3.49	2.98	4.89	6.03	5.51	4.19	4.19
Debt / equity	0.06	—	0	0.14	0.12	0.06	0.04	0.03	0.03	0.03	0.03
Debt / assets	0.05	—	0	0.11	0.09	0.05	0.03	0.03	0.03	0.02	0.02
Net debt / EBITDA	0.01	—	-0.53	-0.47	-1.49	-2.47	-1.89	-1.65	-1.93	-1.66	-1.66
Interest coverage	76.8	103.9	656	1.3K	3.6K	64.4	—	—	—	—	—
Effective tax rate	11.1%	8.21%	9.26%	22.5%	14%	10.3%	13.1%	11.6%	13.3%	13.6%	13.6%

Per share

Metric	FY17	FY18	FY19	FY20	FY21	FY22	FY23	FY24	FY25	FY26	Current
Revenue per share	2.32	2.44	2.77	2.75	3.11	3.91	4.63	5.13	5	—	5.67
EPS (basic)	0.15	0.2	0.33	0.23	0.41	0.53	0.74	1.35	1.2	—	—
EPS (diluted)	0.15	0.2	0.33	0.23	0.41	0.53	0.73	1.34	1.19	—	1.2
Book value per share	1.51	1.69	1.92	2.07	2.52	3.1	3.82	4.86	4.65	—	5.34
FCF per share	0.03	0.18	0.18	0.24	0.6	0.19	0.59	1.19	1.42	—	1.65
Cash per share	0.09	0.14	0.22	0.49	1.1	1.27	1.82	2.65	2.73	—	3.85
Capex per share	0.04	0.03	0.05	0.04	0.03	0.04	0.08	0.04	—	—	—

Capital allocation

Metric	FY17	FY18	FY19	FY20	FY21	FY22	FY23	FY24	FY25	FY26	Current
Capex / revenue	1.62%	1.4%	1.93%	1.59%	0.88%	1.03%	1.72%	0.84%	—	—	—
Capex / operating cash flow	93.5%	17.4%	27%	27.7%	4.66%	65.2%	9.04%	3.79%	—	—	—
Payout ratio	—	—	—	—	0%	0%	8.47%	26.6%	31.4%	47.3%	48.3%
Dividend yield	—	—	—	—	0%	0%	0.18%	0.69%	1.26%	—	1.94%

Yield

1.94%

trailing twelve months

Frequency

Quarterly

Last dividend

$0.17

ex-dividend Sep 11, 2026

Payout ratio

48%

of earnings

Dividend growth

2 years

consecutive annual raises

Dividend per share

Split-adjusted payout per share by ex-dividend date.

Recent payouts

Ex-dividend	Amount
Sep 11, 2026	$0.17
Jun 12, 2026	$0.15
Mar 12, 2026	$0.15
Dec 12, 2025	$0.14
Sep 12, 2025	$0.14
Jun 12, 2025	$0.14
Mar 12, 2025	$0.125
Dec 12, 2024	$0.125

Split history

Date	Ratio
Jan 5, 2022	2:1

Period	Q1 24	Q2 24	Q3 24	Q4 24	Q1 25	Q2 25	Q3 25	Q4 25	Q1 26	Q2 26	Q3 26	Q4 26
Revenue	$41.7M	$47.5M	$49.3M	$50.3M	$44M	$42.9M	$44M	$50.7M	$49.2M	$48.2M	$49.2M	$55.8M
YoY change	+5.53%	+12.4%	+13.2%	+12.7%	+5.58%	-9.7%	-10.8%	+0.78%	+11.7%	+12.2%	+11.8%	+10%

Assets vs. liabilities & equity

What the company owns (left stack) against what it owes plus shareholders' equity (right stack). The two stacks should match — that's the balance.

Condensed balance sheet

Click a row to chart it; unreported figures show a dash.

Period	FY17	FY18	FY19	FY20	FY21	FY22	FY23	FY24	FY25	FY26
Cash & short-term investments	3.5M	5.3M	8M	18.2M	40.2M	46.8M	66.8M	97.7M	99.2M	137.6M
Receivables	20.3M	22.7M	26M	22.9M	28.1M	29.2M	26.1M	31.9M	30.1M	36M
Inventory	26.2M	24.5M	29.6M	34.7M	24.9M	40.8M	35.1M	34.8M	30M	30.1M
Total current assets	51.3M	53.7M	65.5M	78M	95.6M	119.6M	131.4M	168.8M	162.4M	208M
Property, plant & equipment	-2.4M	-2.1M	-2.8M	4.4M	3.9M	3.9M	3.1M	2.5M	1.9M	1.2M
Goodwill & intangibles	15.8M	15.1M	14.5M	10.2M	9.4M	8.6M	7.9M	7.2M	6.6M	6M
Total assets	70.9M	73.3M	85.9M	104.5M	122.6M	148.6M	166.7M	207.8M	198.1M	238.7M
Accounts payable	5.7M	4.8M	5.1M	6.5M	6.1M	11.1M	8.1M	8M	5.7M	6.9M
Short-term debt	—	—	—	1.8M	2.4M	—	—	—	—	—
Total current liabilities	10.5M	9.4M	14.4M	17.5M	20.3M	26.5M	19.7M	22.2M	24.1M	42.5M
Long-term debt	3.5M	—	0	9.2M	8.6M	7.1M	5.7M	5.5M	5.3M	5.2M
Total liabilities	14M	9.8M	14.7M	28M	30.2M	34.8M	26.5M	28.9M	29.5M	47.7M
Shareholders' equity	56.9M	63.5M	71.2M	76.5M	92.4M	113.8M	140.2M	178.9M	168.6M	191M
Total debt	3.5M	—	0	11M	11M	7.1M	5.7M	5.5M	5.3M	5.2M
Net debt	46K	—	-8M	-7.2M	-23.8M	-34.7M	-30.3M	-59.8M	-77.7M	-121.7M

Assets vs. liabilities & equity

What the company owns (left stack) against what it owes plus shareholders' equity (right stack). The two stacks should match — that's the balance.

Condensed balance sheet

Click a row to chart it; unreported figures show a dash.

Period	Q1 24	Q2 24	Q3 24	Q4 24	Q1 25	Q2 25	Q3 25	Q4 25	Q1 26	Q2 26	Q3 26	Q4 26
Cash & short-term investments	74.6M	79M	87.5M	97.7M	102.2M	99.2M	89.3M	99.2M	105.8M	115.4M	125M	137.6M
Receivables	22.9M	27.6M	30.3M	31.9M	28.2M	23.5M	24.3M	30.1M	30.7M	28.1M	28.5M	36M
Inventory	36.9M	39.3M	37M	34.8M	36.4M	37.6M	34.5M	30M	31.3M	32.7M	33.4M	30.1M
Total current assets	137.8M	149.7M	158.2M	168.8M	171.4M	164.7M	152.4M	162.4M	173.2M	181.5M	192.8M	208M
Property, plant & equipment	2.8M	2.7M	2.5M	2.5M	2.2M	2.7M	2.2M	1.9M	1.5M	1.4M	1.4M	1.2M
Goodwill & intangibles	7.7M	7.5M	7.4M	7.2M	7M	6.9M	6.7M	6.6M	6.4M	6.3M	6.1M	6M
Total assets	176.7M	185.9M	194.8M	207.8M	209.9M	202.7M	190.9M	198.1M	206M	212.8M	222M	238.7M
Accounts payable	11.1M	8.3M	6.9M	8M	5.9M	4.6M	5.4M	5.7M	5.9M	5.9M	5.8M	6.9M
Short-term debt	—	—	—	—	—	—	—	—	—	—	—	—
Total current liabilities	21.9M	21.2M	19.9M	22.2M	24.7M	21.8M	22.6M	24.1M	24.5M	22.7M	39M	42.5M
Long-term debt	5.6M	5.6M	5.6M	5.5M	5.5M	5.4M	5.4M	5.3M	5.3M	5.3M	5.2M	5.2M
Total liabilities	28.7M	27.9M	26.6M	28.9M	31.3M	28.5M	29.3M	29.5M	29.9M	28M	44.2M	47.7M
Shareholders' equity	148M	158M	168.2M	178.9M	178.6M	174.2M	161.5M	168.6M	176.1M	184.8M	177.8M	191M
Total debt	5.6M	5.6M	5.6M	5.5M	5.5M	5.4M	5.4M	5.3M	5.3M	5.3M	5.2M	5.2M
Net debt	-37.9M	-41.7M	-50M	-59.8M	-80.1M	-80.6M	-68M	-77.7M	-90.1M	-99.7M	-109.2M	-121.7M

Cash generation and uses

Cash from operations, what's left after capex, and what went back to shareholders. Bars below the line are cash going out.

Condensed cash flow statement

Click a row to chart it; unreported figures show a dash.

Period	FY17	FY18	FY19	FY20	FY21	FY22	FY23	FY24	FY25	FY26
Net income	5.6M	7.6M	12.5M	7.8M	15.4M	19.6M	27.1M	49.8M	43.4M	43M
Depreciation & amortization	1.4M	1.4M	1.4M	1.5M	1.7M	1.8M	1.9M	2.2M	2.3M	2.2M
Stock-based compensation	102K	146K	160K	583K	435K	1.6M	1.5M	1.7M	1.5M	989K
Change in working capital	-5.9M	-1.9M	-7.5M	-4M	3.7M	-20.5M	5.1M	-9M	9.9M	-3.6M
Operating cash flow	1.5M	7.3M	7.4M	5.8M	21.6M	2.3M	32.3M	42M	53.5M	61.1M
Capital expenditure	-1.4M	-1.3M	-2M	-1.6M	-1M	-1.5M	-2.9M	-1.6M	—	—
Investing cash flow	-1.4M	-1.3M	-2M	-1.6M	-6.4M	-1.6M	-28.3M	-3.2M	16.7M	5.9M
Dividends paid	—	—	—	—	0	0	-2.3M	-13.3M	-13.6M	-20.3M
Share repurchases	0	-1.3M	-4M	-2.5M	0	0	—	—	-36.8M	0
Financing cash flow	-1.4M	-4.8M	-4M	1.4M	0	0	-2.3M	-13.3M	-50.4M	-21.9M
Net change in cash	-1.3M	1.2M	1.4M	5.7M	15.2M	711K	1.8M	25.6M	19.8M	45.1M
Free cash flow	1M	6.6M	6.7M	8.7M	22M	6.8M	21.7M	43.8M	51.4M	59.2M

Cash generation and uses

Cash from operations, what's left after capex, and what went back to shareholders. Bars below the line are cash going out.

Condensed cash flow statement

Click a row to chart it; unreported figures show a dash.

Period	Q1 24	Q2 24	Q3 24	Q4 24	Q1 25	Q2 25	Q3 25	Q4 25	Q1 26	Q2 26	Q3 26	Q4 26
Net income	10.5M	12.6M	13.2M	13.5M	11.2M	10.5M	10.1M	11.6M	12.2M	13.5M	-408K	17.8M
Depreciation & amortization	—	—	—	—	—	—	—	—	570K	565K	535K	539K
Stock-based compensation	—	—	—	—	—	—	—	—	309K	185K	290K	205K
Change in working capital	—	—	—	—	—	—	—	—	-2.7M	1.7M	-1.7M	-868K
Operating cash flow	10.5M	12.6M	13.2M	13.5M	11.2M	10.5M	10.1M	11.6M	11.6M	15.1M	16.8M	17.7M
Capital expenditure	—	—	—	—	—	—	—	—	—	—	—	—
Investing cash flow	—	—	—	—	—	—	—	—	5.9M	-1K	0	0
Dividends paid	—	—	—	—	—	—	—	—	-5M	-5M	-5M	-5.4M
Share repurchases	—	—	—	—	—	—	—	—	0	0	0	0
Financing cash flow	—	—	—	—	—	—	—	—	-5M	-5M	-5M	-5.4M
Net change in cash	10.5M	12.6M	13.2M	13.5M	11.2M	10.5M	10.1M	11.6M	12.5M	10.1M	11.8M	12.3M
Free cash flow	—	—	—	—	—	—	—	—	11.4M	14.5M	16M	17.2M

Napco Security Technologies, Inc. Financials

EPS

Revenue

Results

EPS

Revenue

Results

Total revenue

Total revenue

Revenue and profits

Condensed income statement

Revenue and profits

Condensed income statement

P/E

Key stats

Valuation

Profitability

Financial health

Per share

Capital allocation

Dividend per share

Recent payouts

Split history

Assets vs. liabilities & equity

Condensed balance sheet

Assets vs. liabilities & equity

Condensed balance sheet

Cash generation and uses

Condensed cash flow statement

Cash generation and uses

Condensed cash flow statement