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Napco Security Technologies, Inc (NSSC) stock

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NASDAQ: NSSC Nasdaq Electronic Equipment & Instruments Next results ~February 1, 2027

B+ Fundamentals grade

Napco Security Technologies, Inc is a US-listed company in the electronic equipment & instruments industry. Its financial year ends in June.

Stock price today

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Third-party market data · may be delayed

Fair value per share

~$35

Cash-flow model

Base case. Range ~$27–$45 across our lower- and higher-growth cases (2.2%–12.2% a year).

Price vs value

Modestly undervalued

The price is inside our value range, 10% below our base value.

Price used: $31.57, November 3, 2026

Napco Security Technologies, Inc valuation: adjust assumptions and compare models →

Who’s trading

What company insiders, investment funds and members of Congress have been doing with the stock, from their own filings.

  • Insiders0 buying, 3 selling0 purchases and 8 sales by directors and officers, last 12 monthsInsider trades
  • Funds133 adding, 127 cuttingOf 44 active managers that changed their stake, 22 added; quarter to June 30, 2026Fund buyers and sellers

Value diary

Our note on each quarter Napco Security Technologies files

10-Q filed November 2: Napco Security Technologies

Model value −11.4%

Revenue for the twelve months to September 2026 was $203m, up 8.7% on a year earlier, slower than the 11.4% growth a quarter earlier. Free-cash-flow margin fell to 24.7% from 27.6% a year earlier. Operating margin narrowed to 22.7% from 25.7%. Our model value falls from $39.53 to $35.03 a share, against a share price of $32.11. The rating stays Hold. At that price, our model says the market is pricing in about 5.7% a year of cash-flow growth for five years, close to the 7.2% a year revenue growth it has delivered.

Source: 10-Q filed November 2, 2026 on SEC EDGAR · Financials · Valuation

Earlier notes (1)

Where Napco Security Technologies stands after its latest 10-K

Revenue for the twelve months to June 2026 was $202m, up 11.4% on a year earlier, faster than the 8.8% growth a quarter earlier. Free-cash-flow margin held at 29.3%. Operating margin narrowed to 22.6% from 25.5%. Against its peers on growth, profitability, cash generation and balance sheet, it grades B+. It passes 2 of our 2 financial-health checks. Our cash-flow model value is $39.53 a share, against a share price of $39.97. At that price, our model says the market is pricing in about 8.9% a year of cash-flow growth for five years, slower than the 12.1% a year revenue growth it has delivered.

10-K on SEC EDGAR

Written from the company's filings and our models when each quarter's report arrives. Figures in older notes are as published at the time. Not investment advice.

The Fundamentalytics view

Next results ~February 1, 2027 (estimated)

Napco Security Technologies, Inc's trailing-twelve-month revenue grew 8.7% year on year, with a free-cash-flow margin of 24.7%. Where it stands out: free-cash-flow margin of 24.7% ranks 1 of 52 electronic equipment & instruments companies we cover.

Our discounted-cash-flow model values the business at ~$35 per share in the base case (~$27–$45 across growth scenarios) — model values under stated assumptions, not a price target.

Current signal Gross margin expanding: TTM gross margin reached 59.7%, up 3.9pp year over year.

Assembled from SEC-filed figures — the full workings are on this page and in our methodology. Observations, not recommendations.

Highlights

How we pick these

Strengths

  • Strong cash generation. 24.7% of revenue turned into free cash flow, against a median of -2.1% for electronic equipment & instruments companies we cover.
  • Net cash. Cash exceeds long-term debt by $0.1bn.

Things to watch

  • Margins narrowing. Operating margin is down 3.0 points on a year ago.
  • Insiders selling. 3 insiders sold $34M of stock over the past 365 days and none bought (0% under pre-set trading plans).
  • Growth easing. The growth rate is 2.6 points lower than a quarter earlier.

Latest results: FY2027 Q1

Filed November 2, 2026
Earnings per share
$0.34 against an average estimate of $0.38: missed by 9.3%
Revenue
$50m, up 1.7% on a year earlier
Next report
November 2, 2026; average EPS estimate $0.36

Napco Security Technologies' figures from its SEC filings and results release; estimates are the analysts' average. Not a recommendation.

Price chart

  • 1 day-1.7%
  • 1 week-20.5%
  • 1 month-12.7%
  • This year-22.0%
  • 1 year-21.3%
  • 5 years+43.0%
  • S&P 500 this year+11.2%

Closing prices to 2026-11-02. Price change only, dividends excluded.

Loading chart…

Third-party market data · may be delayed

At a glance

Trailing twelve months, from SEC filings

Profitability

Revenue (TTM)
$203M
Operating margin
22.7%
Net margin
21.6%
EPS (TTM, diluted)
$1.22

Growth

Revenue growth
+8.7%
Change in growth rate
−2.6 pts
Share count change
−0.8%

Cash

Free cash flow (TTM)
$50.1M
FCF margin
24.7%
Stock pay % of revenue
0.5%

Earnings

Last results
November 2, 2026
Next results (est.)
February 1, 2027

News & updates

Updated November 2, 2026

Company announcements, filed results and changes that matter to shareholders.

  1. Results
  2. Insider trade
  3. Insider trade
  4. Insider trade
  5. Results
  6. Leadership

Refreshed hourly when new source data is available. Summaries are checked against company releases and SEC filings. Company announcement headlines are labelled when a checked summary is unavailable.

Valuation

Napco Security Technologies, Inc valuation models and calculator

What the price is pricing in

The share price implies about 5.4% a year of cash-flow growth for five years.That is close to the 7.2% a year revenue growth Napco Security Technologies has delivered.

  • Priced in5.4%
  • Last 12 months8.7%
  • 3 years a year5.7%
  • 5 years a year7.2%

Our cash-flow model with every input fixed except growth over the next five years, solved for the growth at which the model value equals the share price ($31.75, Nov 3, 2026). Cash-flow growth then fades to 2.5% a year; discount rate 8.5%. Delivered figures are revenue growth from SEC filings. This is a model exercise, not investment advice or a forecast of the share price. All companies

Fundamentalytics rating

model v1.6 · 2026-11-03
Hold12-month view
12-month price target
~$35
Price used
$31.75close November 3, 2026
Implied change
▲ +10%
Uncertainty
Medium

How we got here: a discounted-cash-flow model of Napco Security Technologies, Inc's free cash flow after stock-based pay with after-tax interest added back ($49.5M, FY2027 Q1 TTM), growing 8.5% and 7.2% in the next two years (forecasts, guidance and its record), then back to 7.2% by year five, and fading to 2.5%, discounted at 8.5%. Lower and higher growth cases span ~$27–~$45 ; that spread sets a 25% margin before we rate Buy or Sell.

Produced by Fundamentalytics' automated valuation model on November 3, 2026, using delayed market prices. Rating meanings, methodology and conflicts: recommendations disclosure and research disclaimer. General research, not personal advice — it does not consider your circumstances. Prices can fall as well as rise.

Our value per share comes from a discounted-cash-flow model of Napco Security Technologies, Inc's free cash flow after stock-based pay ( $49.5M, FY2027 Q1 TTM, with after-tax interest added back): growth for five years as below (the first two years from forecasts, guidance and the company's record), fading to 2.5%, discounted at 8.5%, then cash added and debt and other claims subtracted. These are model values under stated assumptions, not price targets or recommendations.

Valuation models

We value Napco Security Technologies, Inc as an operating company, with every model that fits that kind of business. Cost of equity 11%: the 10-year Treasury yield (4.9%) plus a beta of 1.34 times a 4.5% equity risk premium.

Value per share by model
Model Value per share In the combined value?
Cash-flow model (DCF) Free cash flow to the firm (after stock pay, with after-tax interest added back), grown then faded to 2.5%, discounted at 8.5% as the firm rate, less debt and other claims. ~$35 ~$27–$45 Primary model, counts double
Forward price-to-earnings vs peers Next year's consensus earnings per share times peers' typical (harmonic-mean) forward price-to-earnings. Uses analysts' consensus estimates (third-party data), not our forecasts. ~$31 ~$25–$48 Included
Residual income Book value plus the present value of returns above the cost of equity, fading over ten years. ~$20 ~$14–$27 Included
Justified price-to-book Book value times (return on equity - growth) / (cost of equity - growth): steady-state returns. ~$14 ~$13–$17 Included
Combined value Weighted average of the models that apply: the primary model (cash-flow model (dcf)) counts double. Models more than 5x or less than 0.2x the share price, or more than 3x away from the other models' median, are left out. ~$27 ~$14–$35 4 models

Different models fail in different ways, so where several apply we average them rather than trust one. Peer-based models compare Napco Security Technologies, Inc with Electronic Equipment & Instruments in our coverage, using third-party market data. Model values are estimates under stated assumptions, updated as new filings arrive; not price targets or investment advice. How each model works.

What moves the value

  • Revenue growth 5 points lower ▼ −22%
  • Revenue growth 5 points higher ▲ +29%
  • Free-cash-flow margin 1 point lower ▼ −4%
  • Last year's free-cash-flow margin change, if it persists ▼ −10%
  • Discount rate 1 point higher ▼ −14%
Value per share under different assumptions
Discount rate ↓ / growth → −5% growth0% growth5% growth10% growth15% growth20% growth
7% $24$31$40$53$69$90
8.5% $19$24$31$40$52$66
10% $16$20$25$32$41$52

Valuation multiples over time Market data may be delayed

At fiscal year end 20162017201820192020202120222023202420252026Now
Share price$3.03$4.48$6.98$14.15$11.15$17.34$19.63$33.10$50.13$29.13$37.80$32.11
Market value$115m$169m$263m$527m$412m$638m$724m$1.2bn$1.9bn$1.1bn$1.4bn$1.2bn
+ Net debt (− = net cash)$1m$46000−$5m−$8m−$10m−$27m−$42m−$36m−$65m−$83m−$127m−$124m
Enterprise value$116m$169m$258m$519m$402m$611m$682m$1.2bn$1.8bn$980m$1.2bn$1.0bn
Multiples
Price / sales 1.4x1.9x2.9x5.1x4.1x5.6x5.0x7.2x9.8x5.9x6.7x5.7x
Price / earnings 19.8x30.2x34.4x42.2x52.9x41.4x36.9x45.2x37.3x24.5x31.5x26.3x
Price / free cash flow 13.5x163.4x39.9x79.1x47.5x29.0x105.7x56.3x42.4x20.7x22.9x23.0x
EV / EBITDA 16.1x23.2x27.3x34.9x35.6x31.8x34.8x37.3x32.2x20.3x25.9x21.4x

Market value uses the period's diluted share count; figures for each fiscal year use that year's results and the price at year end. "Now" uses today's price and the last twelve months.

Moat

68 /100

Moderate moat

How hard Napco Security Technologies's competitive advantage looks for rivals to wear away, judged from 10 years of its own filings: returns on capital, pricing power, profit durability, cash conversion and discipline.

  • Returns on capital 20 / 20

    Cash operating profit has been a median 21.9% of total assets over 10 years.

  • Pricing power 10 / 20

    Gross margin has been a median 43.8%, moving by 6.7 percentage points (standard deviation) across 10 years.

  • Durability 8 / 20

    Operating margin has been a median 15.4%; its worst year was 4.3%.

  • Cash conversion 17 / 20

    Free cash flow was positive in 10 of 10 years, at a median 13.6% of revenue.

  • Discipline 18 / 20

    The diluted share count fell 4.5% over five years; stock-based pay has been a median 0.7% of revenue.

AI disruption exposure: Medium. In this industry, AI could change how the product is made or sold, without replacing the core asset. The score above includes a 5-point deduction for that exposure (74 before it).

A rules-based reading of reported figures, not a forecast and not investment advice. How the score is built: methodology.

Forecasts and guidance

Analysts' consensus

Fiscal yearEPSGrowthRevenueGrowth
Current $1.52 −5% $218m +8%
Next $1.72 +13% $234m +7%

How the EPS forecast has moved

The consensus EPS forecast for the current fiscal year is −6.2% on 90 days ago. In the last 30 days, 0 analysts raised Napco Security Technologies, Inc's forecast and 2 cut it.

Consensus EPS forecast Napco Security Technologies, Inc, last 90 days
$1.50 $1.60 $1.70 $1.80 $1.90 90 days ago 60 days ago 30 days ago 7 days ago Now Current fiscal year, 90 days ago: $1.62 Current fiscal year, 60 days ago: $1.62 Current fiscal year, 30 days ago: $1.62 Current fiscal year, 7 days ago: $1.64 Current fiscal year, Now: $1.52 $1.52 Next fiscal year, 60 days ago: $1.80 Next fiscal year, 30 days ago: $1.80 Next fiscal year, 7 days ago: $1.75 Next fiscal year, Now: $1.72 $1.72

Average of analysts' published estimates (third-party data).

View chart data
Period Current fiscal yearNext fiscal year
90 days ago $1.62$1.80
60 days ago $1.62$1.80
30 days ago $1.62$1.75
7 days ago $1.64$1.72
Now $1.52$0.00

Earnings against estimates

Quarter toEstimateActualSurprise
Sept 2026 $0.38 $0.34 −9.3%
Jun 2026 $0.38 $0.50 +31.6%
Mar 2026 $0.34 $0.39 +14.7%
Dec 2025 $0.31 $0.37 +19.4%

Adjusted EPS as companies report it, against the average analyst estimate.

How our valuation uses these forecasts

Our cash-flow model grows Napco Security Technologies, Inc's revenue by +8.5% next year and +7.2% the year after, then fades back toward its own record by year five. Next year's rate weighs analysts' consensus (+9.5%, weight 56%) and the company's own record (+7.2%, weight 44%) . How the weights are set.

Analyst recommendations

6 analysts, Nov 2026
Buy6100%
Hold00%
Sell00%

Monthly trend

  1. Nov 2026156
  2. Oct 2026156
  3. Sep 2026156

Counts of recommendations published by analysts covering Napco Security Technologies, Inc, by month. Source: Aggregated broker recommendations (third-party data). Aggregated counts only: we do not reproduce any firm's recommendation or price target, and these are not Fundamentalytics ratings.

Positioning

Short interest
7.2%
of tradable shares
Days to cover
7.6
at average volume
Short interest, 1 month
−4%
to October 15, 2026
Held by institutions
—
of shares
Held by insiders
2.3%
of shares
Employees
1,049
full time

Consensus figures average analysts' published estimates (third-party data); guidance is the company's own. Neither is our forecast. Short interest is reported twice a month and lags. Market data may be delayed.

This section is general information, not investment advice or a personal recommendation, and it does not take account of your objectives or circumstances. Forecasts and guidance are estimates, not promises: companies miss their own guidance and analysts' figures are often revised. Prices can fall as well as rise, and you can lose money. See our disclaimer.

Share-price performance

Market data may be delayed

What moved the share price

Last 12 months −26.1%

$43.46 on October 31, 2025 to $32.11

ThenNowEffect
Revenue (last 12 months) $182m $202m +11.4%
Net margin 23.9% 21.3% −11.0%
P/E multiple 36.5x 26.8x −26.7%
Share count 36m 36m +1.7%

Biggest factor: p/e multiple.

Last 3 years +78.2%

$18.02 on November 3, 2023 to $32.11

ThenNowEffect
Revenue (last 12 months) $170m $202m +19.0%
Net margin 16.0% 21.3% +33.3%
P/E multiple 24.6x 26.8x +9.0%
Share count 37m 36m +3.1%

Biggest factor: net margin.

The effects multiply back to the price change exactly. Results are the last 12 months as known on each date (filings assumed public 45 days after quarter end).

Return and risk by year

Calendar year 202120222023202420252026 to date
Return
NSSC+91%+10%+26%+5%+19%−22%
Industry peers (median)−3%−38%+13%−1%−7%−15%
S&P 500+29%−18%+26%+25%+18%+11%
Months that ended higher
NSSC58%50%58%58%67%36%
S&P 50075%42%67%75%75%46%
Largest fall from a high during the year
NSSC−14%−37%−54%−41%−47%−31%
S&P 500−5%−25%−10%−8%−19%−9%

Worst fall since November 2, 2015: 65% from August 19, 2024 to April 8, 2025. Getting back needed a 189% gain, and the shares have not yet recovered.

Price behaviour

52-week range
$32.11 – $46.65
From 52-week high
−31.2%
vs 50-day average
−11.7%
vs 200-day average
−17.3%
Volatility (1 year)
44%
Beta vs S&P 500
1.24

Volatility is the annualised standard deviation of daily returns. Beta 1.5 means the shares typically moved 1.5% for each 1% move in the S&P 500 over the past year. Prices to November 2, 2026.

Share price after results

Next day
5 up, 6 down
typical move ±12.9%
After a week
6 up, 5 down
typical move ±14.6%
After a month
6 up, 5 down
typical move ±19.3%
Results releasedNext dayS&P 500 next day5 days21 days
August 24, 2026 −4.4% 0.0% −4.9% −5.1%
May 4, 2026 −10.5% +0.4% −13.9% −23.0%
February 2, 2026 +18.6% −0.4% +16.6% +18.1%
November 3, 2025 −6.3% −1.0% −4.1% −7.1%
August 25, 2025 +18.0% 0.0% +21.4% +37.4%
May 5, 2025 +4.0% −1.4% +15.3% +20.2%
February 3, 2025 −28.0% 0.0% −29.0% −33.7%
November 4, 2024 −6.9% +1.0% +0.4% +5.7%
August 26, 2024 −16.4% −0.1% −21.9% −25.0%
May 6, 2024 +7.7% +1.1% +4.6% +22.3%
February 5, 2024 +21.3% −0.1% +28.8% +15.2%

From the close before the release date to the close 1, 5 and 21 trading days after it, so releases before the open and after the close are both captured. Past moves don't predict future ones.

Options strategies

All options ideas

How Napco Security Technologies, Inc’s listed options are priced, and three ways to use them that follow from our valuation. Quotes are delayed, read November 3, 2026. Check the live chain at your broker before trading.

Cash-secured put

Not offered: no liquid put with an effective price at or below fair value.

We suggest selling a put only on well-rated companies, at a strike where the price you would pay if assigned (strike less premium) is at or below our fair value.

Covered call

Not offered: no liquid call at or above our price target — the model says the upside is worth more than any listed strike.

For holders: sell a call at a strike at or above our fair value, so the shares are only sold at a price the model calls full value.

Collar

Not offered: the shares trade below our fair value: a collar caps upside the model expects.

For holders of a stock trading at or above our fair value: buy a put for a floor and sell a call to pay for it.

General research, not personal advice. Options can lose you more than you expect and are not suitable for everyone: put sellers can be made to buy shares that keep falling, call sellers give up gains above the strike, and results or news can move prices sharply. Chances shown are approximations from each option’s delta. Spreads, fees and early assignment are not modelled.

Napco Security Technologies, Inc in five measures

Fundamentals grade B+
Growth Profitability Cash Balance sheet Value

Growth, profitability, cash generation and balance sheet are percentiles against the companies we cover in the same industry, from SEC filings (100 = best). Value compares the share price with our modelled value range (50 = at our base value; higher = cheaper). A description of reported data and our model — not a quality score or advice.

Fundamentals

Revenue (TTM) Napco Security Technologies, Inc
$170M $180M $190M $200M $210M FY24 Q2 FY25 Q1 FY25 Q4 FY27 Q1 Revenue (TTM), FY24 Q2: $177.4M Revenue (TTM), FY24 Q3: $183.1M Revenue (TTM), FY24 Q4: $188.8M Revenue (TTM), FY25 Q1: $191.1M Revenue (TTM), FY25 Q2: $186.5M Revenue (TTM), FY25 Q3: $181.2M Revenue (TTM), FY25 Q4: $181.6M Revenue (TTM), FY26 Q1: $186.8M Revenue (TTM), FY26 Q2: $192M Revenue (TTM), FY26 Q3: $197.2M Revenue (TTM), FY26 Q4: $202.3M Revenue (TTM), FY27 Q1: $203.1M $203.1M

Source: SEC EDGAR filings. Retrieved November 2, 2026.

View chart data
Period Revenue (TTM)
FY24 Q2 $177.4M
FY24 Q3 $183.1M
FY24 Q4 $188.8M
FY25 Q1 $191.1M
FY25 Q2 $186.5M
FY25 Q3 $181.2M
FY25 Q4 $181.6M
FY26 Q1 $186.8M
FY26 Q2 $192M
FY26 Q3 $197.2M
FY26 Q4 $202.3M
FY27 Q1 $203.1M
Revenue growth, TTM YoY Napco Security Technologies, Inc
-5% 0% 5% 10% 15% FY24 Q2 FY25 Q1 FY25 Q4 FY27 Q1 Revenue growth, TTM YoY, FY24 Q2: 10.2% Revenue growth, TTM YoY, FY24 Q3: 8.6% Revenue growth, TTM YoY, FY24 Q4: 11.1% Revenue growth, TTM YoY, FY25 Q1: 11.0% Revenue growth, TTM YoY, FY25 Q2: 5.1% Revenue growth, TTM YoY, FY25 Q3: -1.0% Revenue growth, TTM YoY, FY25 Q4: -3.8% Revenue growth, TTM YoY, FY26 Q1: -2.3% Revenue growth, TTM YoY, FY26 Q2: 2.9% Revenue growth, TTM YoY, FY26 Q3: 8.8% Revenue growth, TTM YoY, FY26 Q4: 11.4% Revenue growth, TTM YoY, FY27 Q1: 8.7% 8.7%

Source: SEC EDGAR filings. Retrieved November 2, 2026.

View chart data
Period Revenue growth, TTM YoY
FY24 Q2 10.2%
FY24 Q3 8.6%
FY24 Q4 11.1%
FY25 Q1 11.0%
FY25 Q2 5.1%
FY25 Q3 -1.0%
FY25 Q4 -3.8%
FY26 Q1 -2.3%
FY26 Q2 2.9%
FY26 Q3 8.8%
FY26 Q4 11.4%
FY27 Q1 8.7%
Operating margin (TTM) Napco Security Technologies, Inc
15% 20% 25% 30% FY24 Q2 FY25 Q1 FY25 Q4 FY27 Q1 Operating margin (TTM), FY24 Q2: 26.9% Operating margin (TTM), FY24 Q3: 28.2% Operating margin (TTM), FY24 Q4: 28.5% Operating margin (TTM), FY25 Q1: 28.3% Operating margin (TTM), FY25 Q2: 27.6% Operating margin (TTM), FY25 Q3: 26.6% Operating margin (TTM), FY25 Q4: 25.5% Operating margin (TTM), FY26 Q1: 25.7% Operating margin (TTM), FY26 Q2: 26.9% Operating margin (TTM), FY26 Q3: 19.9% Operating margin (TTM), FY26 Q4: 22.6% Operating margin (TTM), FY27 Q1: 22.7% 22.7%

Source: SEC EDGAR filings. Retrieved November 2, 2026.

View chart data
Period Operating margin (TTM)
FY24 Q2 26.9%
FY24 Q3 28.2%
FY24 Q4 28.5%
FY25 Q1 28.3%
FY25 Q2 27.6%
FY25 Q3 26.6%
FY25 Q4 25.5%
FY26 Q1 25.7%
FY26 Q2 26.9%
FY26 Q3 19.9%
FY26 Q4 22.6%
FY27 Q1 22.7%
FCF margin (TTM) Napco Security Technologies, Inc
22% 24% 26% 28% 30% FY24 Q2 FY25 Q1 FY25 Q4 FY27 Q1 FCF margin (TTM), FY24 Q2: 22.3% FCF margin (TTM), FY24 Q3: 22.9% FCF margin (TTM), FY24 Q4: 23.2% FCF margin (TTM), FY25 Q1: 23.1% FCF margin (TTM), FY25 Q2: 26.5% FCF margin (TTM), FY25 Q3: 28.0% FCF margin (TTM), FY25 Q4: 28.3% FCF margin (TTM), FY26 Q1: 27.6% FCF margin (TTM), FY26 Q2: 27.9% FCF margin (TTM), FY26 Q3: 28.6% FCF margin (TTM), FY26 Q4: 29.3% FCF margin (TTM), FY27 Q1: 24.7% 24.7%

Source: SEC EDGAR filings. Retrieved November 2, 2026.

View chart data
Period FCF margin (TTM)
FY24 Q2 22.3%
FY24 Q3 22.9%
FY24 Q4 23.2%
FY25 Q1 23.1%
FY25 Q2 26.5%
FY25 Q3 28.0%
FY25 Q4 28.3%
FY26 Q1 27.6%
FY26 Q2 27.9%
FY26 Q3 28.6%
FY26 Q4 29.3%
FY27 Q1 24.7%

Data: SEC EDGAR XBRL company facts (as filed in 10-K/10-Q); forms 10-K, 10-K/A, 10-Q, 10-Q/A. Generated November 3, 2026. Definitions in our methodology.

Where the money goes

FY2026, from the 10-K

Each dollar Napco Security Technologies took in during FY2026, followed through to profit: what it cost to make, what went on research and running the business, and what was left after tax.

  1. Revenue $202M
  2. Other income $4.2M · 2.1%
  3. Cost of revenue $82.5M · 40.8%
  4. Gross profit $120M · 59.2%
  5. Research and development $13.8M · 6.8%
  6. Selling, general and admin $44.4M · 21.9%
  7. Other operating costs $16M · 7.9%
  8. Operating income $45.6M · 22.6%
  9. Income tax $6.8M · 3.4%
  10. Net income $43M · 21.3%

Shares of revenue. Source: Napco Security Technologies's 10-K for FY2026, as filed with the SEC. "Other" lines are what the reported lines leave unexplained. Other income is income outside operations, such as investment gains.

Financial statements

US$ millions unless shown otherwise. Fiscal years, plus the last twelve months (LTM) when newer.

Fiscal year 2011 Jun 2011 2012 Jun 2012 2013 Jun 2013 2014 Jun 2014 2015 Jun 2015 2016 Jun 2016 2017 Jun 2017 2018 Jun 2018 2019 Jun 2019 2020 Jun 2020 2021 Jun 2021 2022 Jun 2022 2023 Jun 2023 2024 Jun 2024 2025 Jun 2025 2026 Jun 2026 LTM Sept 2026
Income
Revenue 71 71 71 74 78 83 87 92 103 101 114 144 170 189 182 202 203
Gross profit 20 21 22 24 26 28 36 38 44 43 51 59 73 102 101 120 121
EBITDA 5 6 5 5 6 7 7 9 15 11 19 20 32 56 48 48 48
Operating income 3 4 4 4 5 6 6 8 14 10 18 18 30 54 46 46 46
Net income 1 2 3 3 5 6 6 8 12 8 15 20 27 50 43 43 44
Diluted EPS $0.03 $0.06 $0.08 $0.09 $0.13 $0.15 $0.15 $0.20 $0.34 $0.21 $0.42 $0.53 $0.73 $1.34 $1.19 $1.20 $1.22
Growth (year on year)
Revenue — −0.6% +0.6% +4.2% +4.5% +6.1% +5.9% +5.0% +12.2% −1.5% +12.5% +25.9% +18.4% +11.1% −3.8% +11.4% +8.7%
EBITDA — +26.2% −21.8% +10.5% +17.3% +16.7% +1.3% +29.4% +57.3% −24.1% +70.1% +2.2% +62.7% +74.5% −13.3% −1.4% −4.1%
Operating income — +51.7% −2.5% +16.1% +22.4% +19.7% +0.9% +31.9% +63.7% −26.9% +78.2% +1.6% +66.4% +77.5% −14.0% −1.3% −4.0%
Net income — — +32.2% +15.1% +39.4% +19.2% −3.0% +36.6% +63.2% −37.5% +97.7% +27.2% +38.4% +83.6% −12.9% −0.9% −1.2%
Diluted EPS — — +33.3% +12.5% +38.9% +24.0% −3.2% +36.7% +65.9% −38.2% +100.0% +26.2% +37.7% +83.6% −11.2% +0.8% −0.4%
Margins
Gross margin 28.2% 29.8% 30.4% 31.9% 33.5% 33.4% 41.5% 41.4% 42.9% 42.3% 44.5% 41.2% 43.1% 53.9% 55.6% 59.2% 59.7%
EBITDA margin 6.8% 8.6% 6.7% 7.1% 7.9% 8.7% 8.4% 10.3% 14.4% 11.1% 16.8% 13.7% 18.8% 29.5% 26.5% 23.5% 23.6%
Operating margin 3.5% 5.4% 5.2% 5.8% 6.8% 7.7% 7.3% 9.2% 13.4% 9.9% 15.7% 12.7% 17.8% 28.5% 25.5% 22.6% 22.7%
Net margin 1.6% 3.2% 4.2% 4.7% 6.2% 7.0% 6.4% 8.3% 12.1% 7.7% 13.5% 13.6% 16.0% 26.4% 23.9% 21.3% 21.6%
Free-cash-flow margin 5.1% 4.9% 6.3% 5.4% 4.1% 10.3% 1.2% 7.2% 6.5% 8.6% 19.3% 4.8% 12.8% 23.2% 28.3% 29.3% 24.7%
Cash flow
Cash from operations 4 4 5 5 4 9 2 8 9 10 23 8 25 45 54 61 52
Capital spending 1 1 0 1 1 1 1 1 2 2 1 1 3 2 2 2 2
Free cash flow 4 3 5 4 3 8 1 7 7 9 22 7 22 44 51 59 50
Stock-based pay 0 0 0 0 0 0 0 0 0 1 0 2 1 2 2 1 1
Free cash flow after stock pay 4 3 5 4 3 8 1 6 7 8 22 5 20 42 50 58 49
Balance sheet
Cash 3 3 3 2 2 3 3 5 8 18 35 42 36 65 83 127 124
Total debt 24 20 16 12 11 5 4 0 0 8 8 — 0 0 0 0 0
Net debt (negative = net cash) 21 17 13 9 8 1 0 −5 −8 −10 −27 −42 −36 −65 −83 −127 −124
Diluted shares 38m 39m 39m 39m 38m 38m 38m 38m 37m 37m 37m 37m 37m 37m 36m 36m 36m
Returned to shareholders
Dividends — — — — — — — — — — — — 2 13 14 20 21
Buybacks — — 0 0 2 1 0 1 4 2 — — — — 37 — —
Total returned — — 0 0 2 1 0 1 4 2 — — 2 13 50 20 21

Source: SEC EDGAR XBRL company facts (US and foreign periodic filings); column headings link to the filing. EBITDA is operating income plus depreciation and amortisation. Free cash flow is cash from operations minus capital spending. Growth is left blank when last year's figure was a loss or under 2% of revenue. Share counts and EPS are restated for stock splits. A dash means the company didn't report the figure.

Financial health

2 of 2 checks passed · September 30, 2026
What it owns · $231m
Short-term assets $203mLonger-term assets $28m
What it owes, and who funded it · $231m
Short-term liabilities $28mLonger-term liabilities $5mShareholders' equity $198m
  • Short-term assets cover short-term liabilities $203m of assets due within a year against $28m of liabilities due within a year.
  • Short-term assets cover long-term liabilities $203m short-term assets against $5m of longer-dated liabilities.
  • More cash than debt Cash or debt not separately reported. Not assessable.
  • Debt below 40% of shareholders' equity Equity or debt not reported. Not assessable.
  • Debt burden no higher than five years ago Five-year comparison not available. Not assessable.
  • A year's operating cash flow covers at least 20% of debt Cash flow or debt not reported. Not assessable.
  • Operating profit covers interest at least five times over Interest not separately reported. Not assessable.

From Napco Security Technologies, Inc's latest balance sheet as filed. Checks are fixed, documented rules (methodology), counted only where the company reports the figures — a dot means the filing doesn't break the item out. Descriptions of reported data, not advice.

Dividends, buybacks and capital spending

Dividends (TTM)
$20.7M
Diluted share count
−0.8%
year over year
Total shareholder yield
1.8%
dividends 1.8% + buybacks 0.0% of market value
Dividend payout ratio
47%
of net income paid out
R&D spending
7.2%
of revenue
Sales & admin spending
22.4%
of revenue
Days sales outstanding
53 days
receivables vs revenue

Competitors: side by side with peers

Closest by revenue in electronic equipment & instruments
Last 12 months unless stated NSSC OUST KRNT EVLV YIBO TBCH Median
Revenue, last 12 months $203m $205m $208m $171m $155m $298m $104m
Revenue growth, last 12 months 8.7% 62.8% 2.1% 41.7% 3.6% −17.5% 9.8%
Revenue growth, 3-year average 5.7% 51.6% 61.5% 31.0% — 5.8% 7.2%
Revenue growth, latest quarter 1.7% 55.9% — 34.4% — −0.7% 16.5%
Gross margin 59.7% 49.6% 44.3% 49.9% 29.4% 37.2% 38.5%
Operating margin 22.7% −30.6% −16.6% −20.8% −7.3% 3.1% −7.3%
Operating margin, 3-year average 25.6% −79.2% −4.8% −59.4% — 3.4% −5.1%
Net margin 21.6% −26.0% −6.5% −3.0% −5.3% −1.1% −5.3%
Cash from operations / revenue 25.7% −26.3% 11.8% 16.2% −1.6% 11.4% −1.6%
Free-cash-flow margin 24.7% −40.2% 1.6% −2.5% −2.1% 10.8% −2.5%
Free-cash-flow margin, 3-year average 25.1% −44.9% 4.7% −28.2% — 7.6% 3.7%
Stock pay / revenue 0.5% 18.5% 10.5% 13.5% 5.6% 2.0% 3.0%
Change in share count −0.8% 20.0% −4.7% 12.3% 7.7% −5.4% 1.9%

Median of all 53 companies we cover in electronic equipment & instruments. Shaded: best of the six on that line (lowest for stock pay and share-count growth). 3-year figures average the last three 12-month periods; 3-year growth is compound annual. Source: SEC filings.

Peer comparison

53 electronic equipment & instruments companies
Measure Company Peer median Rank
Revenue growth Growth 8.7% 9.8% 29 of 53
Change in growth rate Growth -2.6pp +2.3pp 38 of 53
Gross margin Profitability 59.7% 39.7% 6 of 48
Operating margin Profitability 22.7% -7.3% 2 of 53
Net margin Profitability 21.6% -5.3% 2 of 53
Free-cash-flow margin Cash generation 24.7% -2.1% 1 of 52
Stock pay as % of revenue Cash generation 0.5% 3.0% 5 of 49
Change in share count Balance sheet -0.8% 1.9% 11 of 46
Days sales outstanding Balance sheet 53 days 68 days 12 of 52

Rank 1 = best in the group (for spending, debt and dilution, lower ranks first).

Where the revenue comes from

Fiscal year to June 30, 2026
Products and services
Line of business Revenue Share YoY
Products $105M 51.6% ▲ 10.0%
Door Locking Devices $69.1M 66.0% ▲ 11.1%
Intrusion and Alarm Product $35.7M 34.0% ▲ 7.8%
Services $97.5M 48.1% ▲ 13.0%
Shipping and Handling $569,000 0.3% ▲ 35.8%
Geography
Region Revenue Share YoY
United States $200M 98.6% ▲ 10.8%
Outside the US $2.7M 1.4% ▲ 76.4%

From Napco Security Technologies, Inc's 10-K filed August 24, 2026, as tagged in the filing. View filing. Indented rows are part of the line above; their share is of that line. In the bars, the faint bar behind is the year before.

Who owns it

Funds buying and selling
Reported value
$1.4B
Institutions reporting
258
Shares held vs prior quarter
▲ 4.3%
Positions opened / closed
27 / 37

Top buyers and sellers, Q2 2026: 133 institutions bought and 127 sold ; the biggest buyer was First Trust Advisors LP (+619K shares) and the biggest seller Prudential Financial Inc (−475K). See which funds bought and sold →

Largest reported holders, June 30, 2026
Manager Value Shares Share of 13F value Shares QoQ
Blackrock, Inc. $214M 5.6M 15.6% ▼ 0.9%
Copeland Capital Management, LLC $76.6M 2.0M 5.6% ▲ 0.4%
Jupiter Topco LLC $63.9M 1.7M 4.6% —
Vanguard Capital Management LLC $58M 1.5M 4.2% ▲ 1.4%
State Street Corp $57.4M 1.5M 4.2% ▲ 5.1%
Vanguard Portfolio Management LLC $56.8M 1.5M 4.1% ▲ 2.1%
First Trust Advisors LP $49.5M 1.3M 3.6% ▲ 90.3%
Geode Capital Management, LLC $45.5M 1.2M 3.3% ▲ 8.0%
Wellington Management Group LLP $41.9M 1.1M 3.0% ▲ 18.6%
Morgan Stanley $36.5M 960K 2.7% ▲ 106.5%
Dimensional Fund Advisors LP $27.6M 726K 2.0% ▲ 3.2%
Arrowstreet Capital, Limited Partnership $26.5M 698K 1.9% ▼ 17.5%

From Form 13F filings with the SEC ( quarterly data sets), as reported by each manager for June 30, 2026 and filed up to 45 days later. 13F reports cover long US-listed positions of managers above $100M only, so this is not Napco Security Technologies, Inc's complete shareholder register. Values are as reported by the filers ; 1 inconsistently scaled filing rows were excluded.

Insider trading activity

Full insider history and chart
Insider purchases History → $0 0 trades by 0 insiders, last 12 months Insider sales History → $33.7M 8 trades by 3 insiders · 0% under pre-set plans
Net ▼ $33.7M net selling
Insider Date Trade Shares Price Value
Soloway Donna Anne Director August 27, 2026 Sell 20,962 $34.62 $725,704
Soloway Richard Founder and Executive Chairman August 27, 2026 Sell 379,529 $34.50 $13.1M
Soloway Donna Anne Director August 26, 2026 Sell 28,000 $35.98 $1M
Soloway Richard Founder and Executive Chairman August 26, 2026 Sell 95,471 $35.93 $3.4M
Soloway Richard CEO, Chairman of Board, Secy March 3, 2026 Sell 55,318 $43.22 $2.4M
Soloway Richard CEO, Chairman of Board, Secy March 2, 2026 Sell 129,682 $44.99 $5.8M
Soloway Richard CEO, Chairman of Board, Secy February 5, 2026 Sell 150,000 $42.74 $6.4M
Spinelli Stephen M Senior Vice president of Sales November 17, 2025 Sell 19,000 $40.25 $764,750

From insiders' Form 4 filings with the SEC. Excludes awards, option exercises and shares withheld for tax. "Pre-set plan" means the filing marks the trade as made under a Rule 10b5-1 plan. See every insider trade since five years ago, on a price chart.

Earnings dates and SEC filings

Results announcements

Next expected around February 1, 2027 estimated from the company's past filing pattern, not announced

  • November 2, 2026
  • August 24, 2026
  • May 4, 2026
  • February 2, 2026
  • November 3, 2025
  • August 25, 2025

Recent SEC filings

Data status

When each part of this page on Napco Security Technologies, Inc was last updated.

DataLast updatedSource
Share priceExchange closing prices
Financial statementsSEC 10-K and 10-Q filings
News and updatesCompany releases and SEC 8-K filings
Analyst estimatesAggregated analyst estimates
Valuation and scoresOur models, from the filed figures

How we build and check these figures: methodology and data sources.

Napco Security Technologies, Inc in brief

What does Napco Security Technologies, Inc do?
Napco Security Technologies, Inc is a US-listed company in the electronic equipment & instruments industry. Its financial year ends in June.
What is Napco Security Technologies, Inc's stock ticker?
Napco Security Technologies, Inc trades under the ticker NSSC on Nasdaq. This page brings together its financial statements, valuation models, ownership and recent company updates.
What is Napco Security Technologies, Inc's revenue, and how fast is it growing?
Over its most recent trailing twelve months, Napco Security Technologies, Inc reported revenue of $203M, 8.7% higher than a year earlier, according to its SEC filings.
What is Napco Security Technologies, Inc's free cash flow?
Napco Security Technologies, Inc's free-cash-flow margin is 24.7% of revenue over the trailing twelve months, ranking 1 of the 52 electronic equipment & instruments companies we cover.
What is Napco Security Technologies, Inc's fair value (intrinsic value) per share?
Our discounted-cash-flow model of Napco Security Technologies, Inc's free cash flow after stock-based pay gives ~$35 per share in the base case, and ~$27–$45 across growth scenarios. These are model values under stated assumptions — not a price target or a recommendation.
Who are Napco Security Technologies, Inc's largest institutional shareholders?
By value reported in 13F filings for June 30, 2026, the largest reported holders are Blackrock, Inc., Copeland Capital Management, LLC and Jupiter Topco LLC. 13F reports cover long US-listed positions of managers above $100M, filed up to 45 days after quarter end.
What is Napco Security Technologies, Inc's market cap?
On November 2, 2026, Napco Security Technologies, Inc's market capitalisation was about $1.2B, with a price-to-earnings ratio of 26.3 and net debt of -$124M. Market figures come from third-party market data and may be delayed.
Does Napco Security Technologies, Inc pay a dividend?
Yes: Napco Security Technologies, Inc paid $20.7M in dividends over the trailing twelve months, a dividend yield of 1.80% and a payout ratio of 47.2%.
Who are Napco Security Technologies, Inc's competitors?
In our Electronic Equipment & Instruments peer group, the companies closest to Napco Security Technologies, Inc are Ouster, Inc., Kornit Digital Ltd., Evolv Technologies Holdings, Inc., Planet Image International Ltd and Turtle Beach Corp. The side-by-side comparison below sets their revenue, margins and growth against Napco Security Technologies, Inc's.
Are insiders buying or selling Napco Security Technologies, Inc stock?
Over the last 12 months, Napco Security Technologies, Inc's directors and officers reported 0 open-market purchases and 8 sales on Form 4. The insider trading page charts every trade.
When is Napco Security Technologies, Inc's next earnings date?
Around February 1, 2027, estimated from the spacing of its past results announcements (8-K filings). That is an estimate, not a confirmed date — Napco Security Technologies, Inc announces its own schedule.