NAPCO Q4 Revenue Hits Record $55.8M, Net Income Jumps

Napco Security Technologies reported record annual revenue exceeding $200 million, driven by the shift from copper to cellular fire communications. Recurring service revenue reached $103 million with gross margins above 90%. Equipment sales grew 8% in Q4, led by a 40% increase in radio unit sales. Adjusted EBITDA margins were 33% for the year and nearly 40% in Q4. Management expects continued growth from building conversions and the launch of the MVP cloud-based access control platform. Risks in

Napco Security Technologies (NSSC) reported record Q4 and full-year 2026 results, exceeding market expectations. Revenue and operating margins hit all-time highs, with recurring service revenue growing profitably. The company raised its dividend to $0.17 per share, signaling confidence in its financial outlook. NSSC has a market cap of approximately $1.3 billion and serves diverse end markets. Full-year net income was $43.03 million, consistent with the prior year.

NAPCO Security Technologies (NSSC) shares rose 20.5% in pre-market trading after Q4 earnings beat estimates, with record revenue of $55.8M and adjusted EPS of $0.50. Recurring service revenue grew 12.9% YoY. Full-year revenue reached $202.3M, up 11.4% YoY, and the dividend was raised 13.3%.

Napco (NSSC) reported Q2 CY2026 revenue of $55.81M, up 10% YoY, beating estimates. Adjusted EPS was $0.50, 31.6% above consensus. Gross margin expanded to 36.8%. Management cited recurring service revenue growth and StarLink radio sales as key drivers. CEO Kevin Buchel and founder Richard Soloway transitioned roles. The company expects recurring revenue to drive future growth, with the MVP platform launch anticipated by late 2026.

NAPCO Security Technologies (NSSC) reported Q4 2026 equipment gross margin at 37.4%, up from 22.9% YoY. GAAP net income rose 52.7% to $17.8M, or $0.50 per diluted share. Full-year revenue hit $202.3M, up 11.4%, with recurring service revenue up 13% to $97.5M. Adjusted EBITDA increased 44.3% to $20.6M. The company plans to invest in product development and recurring revenue offerings, and raised its quarterly dividend by 13.3%.

Napco Security Technologies (NSSC) stock rose 11.55% to $42.49 after reporting Q4 results. Net income increased to $17.77M, revenue to $55.81M, and operating income to $18.43M. The stock traded between $39.75 and $51.77 with high volume.