Tag: NAPCO Security Technologies
NAPCO’s business model ‘working exactly as intended,’ says CEO
February 4, 2026Cory Harris, Editor
AMITYVILLE, N.Y.—The subscription-focused strategy of NAPCO Security Technologies continues to pay off, with recurring service revenue (RSR) scaling alongside equipment sales to drive record results in the company’s second quarter fiscal year 2026.
During a recent conference call, Chairman and CEO Richard Soloway told analysts that Q2 revenue reached a record $48.2 million, driven by double-digit growth across both RSR and equipment sales, expanding...
In brief: Pye-Barker's new Knight, ISC West’s new keynotes, NAPCO’s new revenue chief
February 4, 2026SSN Staff
ATLANTA—Pye-Barker Fire & Safety has acquired Knight Security Systems, a Pennsylvania-based company specializing in comprehensive security and fire alarm services. The acquisition brings additional local teams to Pye-Barker's national fire and life safety framework.
Knight Security Systems, based in Harrisburg, serves the Central Pennsylvania area with over three decades of superior installation and monitoring experience, serving government entities, major...
NAPCO appoints Joseph C. Pipczynski, Jr. as chief revenue officer
February 3, 2026SSN Staff
AMITYVILLE, N.Y.—NAPCO Security Technologies, a manufacturer of electronic security products, has announced the creation of the chief revenue officer (CRO) role and the appointment of Joseph C. Pipczynski, Jr. to the position, effective Jan. 20, 2026.
Pipczynski will report to Kevin Buchel, president and chief operating officer. In addition, Stephen Spinelli, senior vice president of sales, will report directly to Pipczynski.
As chief revenue officer, Pipczynski will be responsible...
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 launches next-gen StarLink Connect
January 7, 2026SSN Staff
AMITYVILLE, N.Y. — NAPCO Security Technologies has introduced a next-gen StarLink Connect, a new Tri-Carrier 5G cellular communicator that builds on the company’s widely deployed StarLink platform.
The new StarLink Connect Series expands its capabilities further by supporting native panel up/downloading for leading panel manufacturers, including Honeywell, DSC, and NAPCO, while also enabling full system control through the Gemini Smart App for smartphones. This combination allows dealers...
NAPCO introduces NA-Series access panels and MVP Cloud Platform
December 31, 2025SSN Staff
AMITYVILLE, N.Y.—NAPCO Security Technologies, a manufacturer of professional security, access control, and electronic locking solutions, has announced the availability of its new MVP Cloud-Based Access Control Platform and NA-Series 1- and 2-Door access panels, now available at security distributors nationwide.
New NA-Series panels - cloud-ready and built for fast installs
The new NA-Series access panels are purpose-built for fast, super-economical deployments, helping...
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 reports fiscal Q1 results
November 3, 2025SSN Staff
AMITYVILLE, N.Y. — NAPCO Security Technologies has announced the financial results for its first quarter of fiscal 2026.
Richard Soloway, chairman and CEO, commented, "With the completion of the first quarter of fiscal 2026, we experienced year-over-year double-digit growth in both our equipment and service revenue. Strong demand for our door-locking products has driven the growth in our equipment revenue and improved equipment gross margins, and our RSR continues to see growth quarter...
NAPCO names Richard Gibbey as national accounts sales manager
September 18, 2025SSN Staff
AMITYVILLE, N.Y.—NAPCO Security Technologies has announced the addition of Richard Gibbey as national accounts sales manager.
In this role, Gibbey will be responsible for driving sales growth and developing strategic relationships with national accounts across NAPCO’s security product portfolio. He will report to Duane Warehime, vice president of sales, NAPCO National Accounts.
Gibbey (who goes by Ric) brings extensive sales and account management experience to NAPCO, with...
NAPCO promotes Ray Krispin to VP of sales, Marks USA & Alarm Lock
September 11, 2025SSN Staff
AMITYVILLE, N.Y.—NAPCO Security Technologies, Inc. has announced the promotion of Ray Krispin to vice president of sales, Marks USA and Alarm Lock.
In this expanded role, Krispin will unify the sales and independent rep teams across both NAPCO Locking Solutions divisions - Alarm Lock and Marks USA - to deliver a more seamless customer experience and strengthen relationships with distributors, dealers, and integrators nationwide.
Supporting this initiative, NAPCO also...