NAPCO SECURITY TECHNOLOGIES, INC (NSSC) Form 10-Q — Nov 2, 2026
Napco Security Technologies reported fiscal Q1 2026 (September 30, 2026 quarter) revenue of $50.0 million, up 1.7% year-over-year, with net income up 6.9% to $13.0 million and diluted EPS of $0.36 versus $0.34 a year ago. Gross margin expanded 210 basis points to 58.7%, and non-GAAP adjusted EBITDA rose 3.8% to $15.5 million (31.0% margin). Service revenue grew 11.5% to $26.1 million, offsetting a 7.3% decline in equipment revenue driven by inventory destocking at two large locking distributors. The company holds $123.9 million in cash with no debt and an undrawn $20 million HSBC revolver, and declared a $0.17/share quarterly dividend payable January 4, 2027.
Key figures
- Eps
- 0.36
- Revenue
- 49980000
- Net Income
- 13009000
- Total Assets
- 231471000
- Cash Position
- 123882000
- Shares Outstanding
- 35768437
- Total debt
- 0
- Current ratio
- 7.2:1
- Adjusted ebitda
- 15509000
- Working capital
- 175214000
- Gross margin pct
- 58.7
- Operating cash flow
- 2750000
- Gross margin yoy bps
- 210
- Service revenue yoy pct
- 11.5
- Adjusted ebitda margin pct
- 31
- Quarterly dividend per share
- 0.17
AI analysis
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