Filing Flows › Napco Security Technologies (NSSC) › Q4 FY25
Napco Security Technologies (NSSC) Q4 FY25 earnings results (fourth quarter fiscal 2025)
10-K filed Aug 25, 2025
Napco Security Technologies (NSSC) reported revenue of $50.7M for the fourth quarter fiscal 2025 (Q4 FY25), +0.8% from a year earlier and +15% from the quarter before. Operating margin was 23.8%, net earnings $11.6M (22.9% of revenue).
Napco Security Technologies, Q4 FY25: revenue $50.7M (+0.8% year over year), operating margin 23.8%, net earnings $11.6M, operating cash flow $14.6M. The chart follows the revenue to costs, profit and cash.
| Q4 FY25 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $50.7M | +15% | +0.8% |
| Gross profit | $26.8M | +7% | -4% |
| Operating profit | $12.1M | +8% | -13% |
| Net earnings | $11.6M | +15% | -14% |
| Operating cash flow | $14.6M | +9% | +2% |
| Free cash flow | $14.4M | +8% | +4% |
What changed
Revenue was $50.7M in Q4 FY25, up 1% year over year and up 15% from the previous quarter. Services was the largest line at 44% of revenue.
Gross margin was 52.8%, down 2.5 points from a year earlier. Operating profit was $12.1M, a 23.8% margin (down 3.9 points year over year). Operating profit fell $1.9M even though revenue rose $394K versus a year earlier, so costs grew faster than sales. Operating expenses grew 6% against revenue growth of 1%. Net earnings were $11.6M, down 14% year over year. The effective tax rate was 10.3%.
Operating cash flow was $14.6M (up 2% year over year), 126% of net earnings. Non-cash charges added back $492K of depreciation and amortization and $370K of share-based compensation. Working capital and other items added $2.1M. Capital expenditures of $237K left free cash flow of $14.4M.
Questions
What was Napco Security Technologies' revenue in the fourth quarter fiscal 2025?
Napco Security Technologies (NSSC) reported revenue of $50.7M for the fourth quarter fiscal 2025 (Q4 FY25), +0.8% from a year earlier and +15% from the quarter before.
Was Napco Security Technologies profitable in the fourth quarter fiscal 2025?
Operating profit was $12.1M (23.8% of revenue) and net earnings $11.6M.