Filing Flows › Napco Security Technologies (NSSC) › Q1 FY27
Napco Security Technologies (NSSC) Q1 FY27 earnings results (first quarter fiscal 2027)
10-Q filed Nov 2, 2026
Napco Security Technologies (NSSC) reported revenue of $50.0M for the first quarter fiscal 2027 (Q1 FY27), +2% from a year earlier and -10% from the quarter before. Operating margin was 28.2%, net earnings $13.0M (26.0% of revenue).
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 follows the revenue to costs, profit and cash.
| Q1 FY27 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $50.0M | -10% | +2% |
| Gross profit | $29.4M | -14% | +5% |
| Operating profit | $14.1M | -23% | +3% |
| Net earnings | $13.0M | -27% | +7% |
| Operating cash flow | $2.8M | -84% | -76% |
| Free cash flow | $2.3M | — | -80% |
What changed
Revenue was $50.0M in Q1 FY27, up 2% year over year and down 10% from the previous quarter. Service revenue was the largest line at 52% of revenue. Service revenue added $2.7M year over year (up 12%), 333% of the total change. Door locking devices declined 10%.
Gross margin was 58.7%, up 2.1 points from Q1 FY26. Operating profit was $14.1M, a 28.2% margin (up 0.5 points year over year). Of the extra revenue versus Q1 FY26, 58% reached operating profit, above the 28% margin then. Operating expenses grew 7% against revenue growth of 2%. Net earnings were $13.0M, up 7% year over year. The effective tax rate was 15.2%.
Operating cash flow was $2.8M (down 76% year over year), 21% of net earnings. Non-cash charges added back $469K of depreciation and amortization and $273K of share-based compensation. Working capital and other items used $11.0M. After purchases of property, plant, and equipment ($433K), free cash flow as the company reports it was $2.3M.
Questions
What was Napco Security Technologies' revenue in the first quarter fiscal 2027?
Napco Security Technologies (NSSC) reported revenue of $50.0M for the first quarter fiscal 2027 (Q1 FY27), +2% from a year earlier and -10% from the quarter before.
Was Napco Security Technologies profitable in the first quarter fiscal 2027?
Operating profit was $14.1M (28.2% of revenue) and net earnings $13.0M.