NAPCO Security Technologies, Inc. filed its Form 10-Q for the fiscal quarter ended September 30, 2026 with the U.S. Securities and Exchange Commission on November 2, 2026, reporting quarterly results for the period.

Key Highlights

  • Total revenue: $49,980 thousand for the three months ended September 30, 2026, compared to $49,168 thousand in the same period a year earlier, according to the filing.
  • Net income: $13,009 thousand for the quarter, up from $12,165 thousand in the prior-year quarter, as reported.
  • Service revenue growth: Service revenue reached $26,130 thousand, compared to $23,429 thousand in the three months ended September 30, 2025.
  • Earnings per share: Basic and diluted EPS were each $0.36, versus $0.34 in the prior-year period.
  • Cash dividend declared: A cash dividend of $0.17 per share was recorded during the quarter, totaling $6,081 thousand charged to retained earnings.
  • Total assets: $231,471 thousand as of September 30, 2026, compared to $238,668 thousand as of June 30, 2026.
  • Litigation settlement: A litigation settlement credit of $(1,000) thousand was recorded within operating expenses for the quarter, with accrued litigation costs declining from $16,000 thousand at June 30, 2026 to zero at September 30, 2026.

NAPCO Security's Fiscal First Quarter 2027 Financial Results

According to the Form 10-Q filed on NASDAQ:NSSC for the fiscal quarter ended September 30, 2026, NAPCO Security Technologies reported total revenue of $49,980 thousand, driven by equipment revenue of $23,850 thousand and service revenue of $26,130 thousand. In the comparable prior-year quarter, equipment revenue was $25,739 thousand and service revenue was $23,429 thousand. The filing shows that service revenue surpassed equipment revenue in the current quarter, reversing the prior-year relationship.

Gross profit was $29,352 thousand for the three months ended September 30, 2026, compared to $27,846 thousand a year earlier. The company disclosed operating income of $14,117 thousand versus $13,643 thousand in the prior-year period. Total operating expenses were $15,235 thousand, which included a litigation settlement credit of $(1,000) thousand, research and development costs of $4,053 thousand, and selling, general, and administrative expenses of $12,182 thousand. Interest income, net, was $1,117 thousand for the quarter, compared to $854 thousand in the prior-year period.

On the balance sheet, the company reported total stockholders' equity of $198,188 thousand at September 30, 2026, up from $191,002 thousand at June 30, 2026. Cash and cash equivalents stood at $123,882 thousand, down from $126,928 thousand at June 30, 2026. The filing noted that as of October 30, 2026, there were 35,768,437 shares of common stock outstanding, par value $0.01 per share. Stock-based compensation expense of $273 thousand was recognized during the quarter. Deferred income taxes declined from $4,105 thousand at June 30, 2026 to $1,777 thousand at September 30, 2026.

What Was Disclosed

NAPCO Security Technologies disclosed unaudited condensed consolidated financial statements for the three months ended September 30, 2026, showing higher revenue, net income, and stockholders' equity compared to the prior-year quarter, alongside a reduction in accrued litigation costs from $16,000 thousand to zero.