Tag: MVP Access
NAPCO Security Technologies reports fiscal 2026 Q2 results
February 2, 2026SSN Staff
AMITYVILLE, N.Y.—NAPCO Security Technologies announced financial results for its second quarter of fiscal 2026.
Fiscal Q2 2026 Highlights
Record Q2 net revenues of $48.2 million, a 12.2% YoY increase
Equipment revenue increased 12.0% YoY to $24.3 million
Recurring service revenue (RSR) increased 12.5% YoY to $23.8 million with a 90.2% gross margin
RSR had a prospective annual run rate of approximately $99 million based on January 2026 recurring...
NAPCO leans on recurring services to jolt revenues
November 11, 2025Cory Harris, Editor
AMITYVILLE, N.Y.—NAPCO Security Technologies Chairman and CEO Richard Soloway highlighted the strength of NAPCO’s recurring revenue model and its resilience amid macroeconomic challenges during its recent Q1 2026 earnings call.
Financial results for the first quarter of 2026 saw NAPCO report record net revenues of $49.2 million - a 11.7% YoY increase – and recurring service revenue (RSR) of $23.4 million – a 1.1% YoY increase with a 90% gross margin.
“Our...
NAPCO delivers solid FY25 performance with 10% RSR growth and strategic tariff response
August 27, 2025Cory Harris, Editor
AMITYVILLE, N.Y.—NAPCO Security Technologies Chairman and CEO Richard Soloway credits his company’s ability to focus on its long-term strategy amidst “a fair share of headwinds” for its strong Q4 and full-year 2025.
Soloway told investors during NAPCO’s earnings call that even through microeconomic uncertainty and tariff-related pressures over the past year, the company continued to deliver best-in-class solutions, maintain operational discipline and invest...
NAPCO reports resilient FY25 with strong RSR growth and solid margins
August 25, 2025SSN Staff
AMITYVILLE, N.Y.—NAPCO Security Technologies demonstrated resilience amid industry headwinds in reporting its fiscal year Q4 and full-year 2025 results.
NAPCO closed the year with strong recurring service revenue (RSR) growth and solid profitability, with the company’s RSR surging 14% to $86.3 million, representing nearly half of total revenue and boasting a 91% gross margin. Net sales of $50.7 million for Q4 increased 1% year-over-year, while total net full-year sales...
NAPCO expands access to free 24/7 how-to video library on YouTube channel
August 5, 2025SSN Staff
AMITYVILLE, N.Y.—Napco Security Technologies has announced expanded content on its NAPCO YouTube channel, driving greater support for its dealer and installer community.
The free, on-demand library of How-To Hints & Tips videos was developed in direct response to the most frequently asked questions received by Napco Technical Services across all divisions.
This growing video resource is available 24/7 with no login or credentials required, making it an ideal tool for technicians...
NAPCO overcomes ‘external challenges,’ posts strong RSR numbers
May 28, 2025Cory Harris, Editor
AMITYVILLE, N.Y.—Even with U.S.-imposed tariffs leading to increased equipment prices in Q3, NAPCO Security Technologies Chairman and CEO Richard Soloway assured investors during a recent conference call that his company is well-positioned to withstand turbulence thanks in part to growing recurring service revenue.
RSR increased by 10.6% to $21.6 million in Q3, representing 49% of total company revenues with a 91% gross margin.
“While fiscal Q3 brought external...
NAPCO promotes Peter Lowenstein to sales head of new Napco Access group
January 16, 2025SSN Staff
AMITYVILLE, N.Y. —NAPCO Security Technologies has announced the promotion of Peter Lowenstein’s to head up sales for Napco Access, a newly unified group combining the company’s three access control divisions: Alarm Lock, Marks USA, and Napco Access Pro (formerly Continental).
Lowenstein joined NAPCO four years ago, bringing extensive experience from distribution and competitive manufacturers. Under his leadership, the team will continue to expand key relationships, develop...