Napco Security Technologies, Inc income statement
In fiscal 2026, Napco Security Technologies, Inc reported revenue of $202m, up 11.4% on the year before, operating income of $45.6m (a 22.6% margin) and net income of $43.0m, or $1.20 per diluted share. Every line below comes from the company's 10-K and 10-Q filings; column headings link to the filing.
Income statement
| Fiscal year | 2011Jun 2011 | 2012Jun 2012 | 2013Jun 2013 | 2014Jun 2014 | 2015Jun 2015 | 2016Jun 2016 | 2017Jun 2017 | 2018Jun 2018 | 2019Jun 2019 | 2020Jun 2020 | 2021Jun 2021 | 2022Jun 2022 | 2023Jun 2023 | 2024Jun 2024 | 2025Jun 2025 | 2026Jun 2026 | LTMSept 2026 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | 71 | 71 | 71 | 74 | 78 | 83 | 87 | 92 | 103 | 101 | 114 | 144 | 170 | 189 | 182 | 202 | 203 |
| Cost of revenue | 51 | 50 | 50 | 51 | 52 | 55 | 51 | 54 | 59 | 59 | 63 | 84 | 97 | 87 | 81 | 83 | 82 |
| Gross profit | 20 | 21 | 22 | 24 | 26 | 28 | 36 | 38 | 44 | 43 | 51 | 59 | 73 | 102 | 101 | 120 | 121 |
| Research and development | — | — | — | — | — | — | 7 | 7 | 7 | 7 | 8 | 8 | 9 | 11 | 13 | 14 | 15 |
| Selling, general and administrative | 17 | 17 | 18 | 19 | 21 | 21 | 23 | 23 | 23 | 24 | 25 | 33 | 34 | 37 | 42 | 44 | 46 |
| Operating income | 3 | 4 | 4 | 4 | 5 | 6 | 6 | 8 | 14 | 10 | 18 | 18 | 30 | 54 | 46 | 46 | 46 |
| Interest expense | 2 | 1 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | — | — | — | — | — | — | — | — |
| Net interest income | — | — | — | — | — | — | — | — | −0 | −0 | −0 | — | — | — | — | — | — |
| Income before tax | 1 | 3 | 3 | 4 | 5 | 6 | 6 | 8 | 14 | 10 | 18 | 22 | 31 | 56 | 50 | 50 | 51 |
| Income tax | −0 | 0 | 0 | 1 | 0 | 0 | 1 | 1 | 1 | 2 | 3 | 2 | 4 | 7 | 7 | 7 | 7 |
| 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 |
| Diluted shares (average) | 38m | 39m | 39m | 39m | 38m | 38m | 38m | 38m | 37m | 37m | 37m | 37m | 37m | 37m | 36m | 36m | 36m |
| EBITDA | 5 | 6 | 5 | 5 | 6 | 7 | 7 | 9 | 15 | 11 | 19 | 20 | 32 | 56 | 48 | 48 | 48 |
| Quarter | 2025 Q2Dec 2024 | 2025 Q3Mar 2025 | 2025 Q4Jun 2025 | 2026 Q1Sept 2025 | 2026 Q2Dec 2025 | 2026 Q3Mar 2026 | 2026 Q4Jun 2026 | 2027 Q1Sept 2026 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 43 | 44 | 51 | 49 | 48 | 49 | 56 | 50 |
| Cost of revenue | 18 | 19 | 24 | 21 | 20 | 20 | 22 | 21 |
| Gross profit | 24 | 25 | 27 | 28 | 28 | 29 | 34 | 29 |
| Research and development | 3 | 3 | 3 | 3 | 3 | 3 | 4 | 4 |
| Selling, general and administrative | 10 | 11 | 11 | 11 | 10 | 11 | 12 | 12 |
| Operating income | 11 | 11 | 12 | 14 | 15 | −1 | 18 | 14 |
| Income before tax | 12 | 12 | 13 | 15 | 16 | −0 | 20 | 15 |
| Income tax | 2 | 2 | 1 | 2 | 2 | 0 | 2 | 2 |
| Net income | 10 | 10 | 12 | 12 | 14 | −0 | 18 | 13 |
| Diluted EPS | $0.28 | $0.28 | $0.33 | $0.34 | $0.38 | −$0.01 | $0.50 | $0.36 |
| EBITDA | 12 | 12 | 13 | 14 | 15 | −1 | 19 | 15 |
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