NATIONAL PRESTO INDUSTRIES INC (NPK) National Presto Industries, Inc. (NPK), a company established in 1905 and headquartered in Eau Claire, Wisconsin, primarily serves the North American market through its diverse operations. The company is structured into three main divisions: Housewares/Small Appliances, Defense, and Safety. The Housewares/Small Appliance segment is dedicated to the design, marketing, and distribution of a wide array of kitchenware and small electric devices. These products, often sold under the "Presto Control Master" brand, include essentials like pressure cookers, food canners, various temperature-controlled cooking surfaces (such as skillets, griddles, woks, and multi-cookers), slow cookers, deep and air fryers, waffle makers, and pizza ovens. Their extensive catalog also features slicer/shredders, electric heaters, several types of corn poppers (hot air, oil, microwave), dehydrators, rice cookers, specialized bacon and egg cookers, coffeemakers, electric tea kettles, knife sharpeners, and other assorted kitchen tools and timers. Sales for this division are conducted directly with retailers and through a network of independent distributors. NPK's Defense division manufactures and supplies specialized products for military applications. This includes 40mm ammunition, precision mechanical and electro-mechanical components, and cases for medium-caliber cartridges. Furthermore, the segment produces a range of energetic materials such as detonators, booster pellets, release cartridges, and lead azide. Its primary customers are the United States Department of Defense (DOD) and leading DOD prime contractors. Lastly, the Safety segment focuses on pioneering technology to enhance storage safety. Utilizing patented innovations in machine learning, digital sensors, and cloud-based systems, this division continuously monitors freezers and refrigerators. Its purpose is to detect potential issues and alert users to safety concerns regarding stored pharmaceuticals and food items.
Sector: Ordnance & Accessories, (No Vehicles/Guided Missiles)
Industry: Aerospace & Defense
National Presto Industries, Inc. NYSE:NPK Industrials · Aerospace & Defense
Mkt Cap $1.08B
Div Yield 0.66%
AH Close $151.78 +0.00% vs close
AH Close $151.78 +0.00% vs close
Mkt Cap $1.08B
Div Yield 0.66%
All Press Release SEC Filings News
Press Release
NPK International Announces Third Quarter 2026 Results Conference Call and Webcast Date
businesswire.com • 10d ago SEC Filing ⚠ 2
NPK: 8-K · other
National Presto Industries announced that on August 13, 2026 its defense subsidiaries received awards totaling $159.1 million, disclosed via an 8-K filed August 14, 2026.
AMTEC Corporation, a wholly owned subsidiary within the National Defense Corporation holding company, received U.S. Army option awards under year five (Government Fiscal Year 2026) of its current five-year 40mm systems contract, with deliveries scheduled from mid-2028 through early 2030.
Separately, Spectra Technologies, LLC received a subcontract from The Boeing Company to produce the warhead for the Small Diameter Bomb program, with deliveries beginning in September 2027 once current SDB warhead orders are completed.
The awards meaningfully extend National Presto's Defense segment backlog and revenue visibility toward the end of the decade, though the revenue conversion timeline begins no earlier than September 2027.
SEC 8-K • 2mo ago SEC Filing ● Major ⚠ 7
NPK: 10-Q · periodic report
National Presto Industries posted sharply higher second-quarter 2026 results: net sales rose 22% to $146.6 million and net earnings jumped 208% to $15.9 million, or $2.21 per basic and diluted share versus $0.72 a year ago.
Defense was the engine, with segment sales up 27% to $127.0 million on shipments from backlog that now stands at $1.81 billion; Housewares/Small Appliance sales fell 6%, but segment gross profit improved sharply, aided by refunds of tariffs the Supreme Court declared unauthorized in February 2026.
Cash generation transformed the balance sheet: operating cash flow of $44.1 million (versus $1.5 million a year ago) allowed the company to pay its line of credit down to zero, lifting cash to $15.8 million, working capital to $324.6 million, and the current ratio to 5.2-to-1.
Caveats for investors: Q2 results include $2.245 million of tariff refunds credited to cost of sales, with another $7.553 million to be recognized in Q3, while new Section 301 tariffs of 10%-12.5% and further announced tariff actions keep cost uncertainty elevated for the China-sourced housewares business; the Safety segment also remains loss-making with a $2.2 million Q2 operating loss.
SEC 10-Q • 2mo ago AI analysis › SEC Filing
NPK: 8-K · earnings release
National Presto Industries reported financial results for the second quarter of fiscal 2026, with net sales increasing to $146.6 million from $120.4 million in the prior-year quarter.
Net earnings rose sharply to $15.9 million, or $2.21 per share, compared to $5.2 million, or $0.72 per share, a year ago.
The growth was primarily driven by the Defense segment, where sales increased by 27.2% due to higher shipments from backlog, while the Housewares segment generated operating earnings of $2.2 million aided by a tariff refund.
SEC 8-K • 2mo ago AI analysis › SEC Filing ⚠ 2
NPK: 8-K · other
National Presto Industries announced that its subsidiary National Defense Corporation (NDC) is holding a groundbreaking ceremony for a new $90 million medium caliber ammunition production facility in Clear Lake, South Dakota. The investment aims to meet current and emerging U.S. Department of Defense requirements by incorporating advanced automation and scalable production processes.
Construction of the facility is scheduled to begin in mid-June 2026 with completion anticipated in 2028. The decision to invest follows NDC's participation in Defense Ordnance Technology Consortium programs focused on next-generation technologies such as Counter-Unmanned Aerial Systems ammunition.
SEC 8-K • 4mo ago SEC Filing
NPK: 8-K · proxy statement
National Presto Industries (NPK) held its annual stockholder meeting on May 19, 2026, where shareholders re-elected Randy Lieble and Joseph Stienessen to three-year terms on the Board of Directors. The voting results showed strong support for the directors, with Lieble receiving 4.75 million votes for and Stienessen receiving 3.77 million votes for, while also ratifying RSM US LLP as the independent auditor and approving executive compensation in a non-binding say-on-pay vote.
The Board appointed Shane A. Straw, Sr. as the new Vice President of Engineering, effective May 19, 2026, succeeding Jeff Morgan who retired in April. Straw previously served as the Director of Engineering for the Housewares/Small Appliance segment and brings experience from Springs Windows Fashion and Lippert Automotive.
The Board also approved amendments to the Company’s bylaws to update advance notice provisions for stockholder proposals, align with SEC universal proxy rules, and permit remote stockholder meetings. Additionally, the Company updated its insider trading policy and announced a strategic shift in its Housewares segment to focus on placing new products in jurisdictions outside China rather than moving all existing production.
SEC 8-K • 5mo ago Press Release
Verde AgriTech Announces Formation of Magnes Rare Earths and Leadership Transition to Sharpen Focus and Unlock Value Across Two Distinct Growth Platforms
globenewswire.com • 5mo ago SEC Filing ⚠ 2
NPK: 10-Q · periodic report
National Presto Industries reported Q1 2026 net sales of $118.6 million, a 15% increase year-over-year, driven primarily by a 23% surge in its Defense segment. The Defense segment benefited from increased shipments against a robust backlog of $1.84 billion, offsetting a 16% decline in the Housewares/Small Appliances segment due to warehouse transition issues.
Net earnings decreased 13% to $6.6 million ($0.93 per share) from $7.6 million ($1.07 per share) in the prior year quarter. The earnings decline was attributed to lower gross margins in the Housewares segment and higher selling and general expenses, partially mitigated by a $1.7 million gain on the sale of a warehousing facility.
The company maintains a strong balance sheet with $6.5 million in cash and no outstanding debt on its $50 million credit facility. It continued to pay a $1.00 per share quarterly dividend. Management highlighted ongoing uncertainty regarding tariff policies following recent Supreme Court rulings, though no material financial impact has been recognized yet.
SEC 10-Q • 5mo ago AI analysis ›