Filing Flows › Napco Security Technologies (NSSC) › Q1 FY27 › vs Q4 FY26
Napco Security Technologies (NSSC) Q1 FY27 vs Q4 FY26 (quarter over quarter)
Napco Security Technologies's revenue fell $5.8M (-10%) from $55.8M in Q4 FY26 to $50.0M in Q1 FY27. The biggest changes: Equipment revenue −$6.6M (-22%); Service revenue +$809K (+3%). Gross margin 58.7% against 61.3% (-2.6 pts).
Napco Security Technologies, Q1 FY27: revenue $50.0M (+2% year over year), operating margin 28.2%, net earnings $13.0M, operating cash flow $2.8M. The chart draws each line against Q4 FY26, the increases inside each band.
Margins
| Q1 FY27 | Q4 FY26 | Change | |
|---|---|---|---|
| Gross margin | 58.7% | 61.3% | -2.6 pts |
| Operating margin | 28.2% | 33.0% | -4.8 pts |
| Net margin | 26.0% | 31.8% | -5.8 pts |
Every line
| Line | Q1 FY27 | Q4 FY26 | Change | % |
|---|---|---|---|---|
| Door locking devices | $15.3M | $20.3M | −$5.0M | -24% |
| Intrusion and access alarm products | $8.5M | $10.2M | −$1.7M | -16% |
| Equipment revenue | $23.9M | $30.5M | −$6.6M | -22% |
| Service revenue | $26.1M | $25.3M | $809K | +3% |
| Revenue | $50.0M | $55.8M | −$5.8M | -10% |
| Gross profit | $29.4M | $34.2M | −$4.9M | -14% |
| Cost of revenue | $20.6M | $21.6M | −$963K | -4% |
| Other income, net | $1.2M | $1.2M | $12K | +1% |
| Operating profit | $14.1M | $18.4M | −$4.3M | -23% |
| Operating expenses | $15.2M | $15.8M | −$553K | -4% |
| Pre-tax earnings | $15.3M | $19.6M | −$4.3M | -22% |
| Net earnings | $13.0M | $17.8M | −$4.8M | -27% |
| Income tax | $2.3M | $1.9M | $457K | +24% |
| Depreciation & amortization | $469K | $464K | $5K | +1% |
| Share-based compensation | $273K | $205K | $68K | +33% |
| Working capital & other | $11.0M | $782K | $10.2M | 14× |
| Operating cash flow | $2.8M | $17.7M | −$14.9M | -84% |
Questions
How much did Napco Security Technologies's revenue grow quarter over quarter in Q1 FY27?
Napco Security Technologies's revenue fell $5.8M (-10%) from $55.8M in Q4 FY26 to $50.0M in Q1 FY27.
What drove Napco Security Technologies's revenue change in Q1 FY27?
Equipment revenue −$6.6M (-22%); Service revenue +$809K (+3%).