Tag: StarLink
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...
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 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’s radio gains make up for lagging lock sales
November 5, 2024Ken Showers, Managing Editor
AMITYVILLE, N.Y.— NAPCO Security Technologies saw strong radio sales and recurring service revenue (RSR) but struggling locking sales in the first quarter of its fiscal year 2025.
RSR saw a prospective annual run rate of approximately $85.2 million based on October 2024 RSR, compared to $83.5 million from July 2024 RSR.
“The increase is due to the continued strength of our line of StarLink radios, particularly our StarLink fire radios,” said CFO Kevin Buchel during...
NAPCO locks in Q3
May 8, 2024Cory Harris, Editor
AMITYVILLE, N.Y.—Richard Soloway, CEO of NAPCO Security Technologies, attributed “recurring revenues enabled by hardware innovations” as the catalyst to a 14th consecutive record-breaking quarter for sales during the third quarter of fiscal 2024.
Net sales increased 13% to $49.3 million - the highest quarterly sales in the company's history - while recurring service revenue (RSR) increased 29% to $19.5 million, representing 40% of total revenue.
Locked...
NAPCO StarLink Operations Center (NOC) receives SOC 2 rating
May 3, 2024SSN Staff
AMITYVILLE, N.Y.—NAPCO Security Technologies has announced that its StarLink Network Operations Center (NOC) is now SOC 2 rated.
In addition to its UL-listed certifications, NAPCO’s StarLink NOC has undergone rigorous criteria to implement and meet SOC policies & trust services criteria for cybersecurity and data privacy protection, i.e., providing added security for all NAPCO dealer accounts.
NAPCO took these important steps even as cyberattack breaches and huge ransomware demands...
NAPCO offers free classes on Air & E-Access cellular, cloud-based access control systems
November 30, 2022SSN Staff
AMITYVILLE, NY – NAPCO Security Technologies is offering a pair of free training classes to integrators, dealers, and locksmiths on their AirAccess and E-Access Cellular or cloud-based access control system solutions.
AirAccess systems (powered by StarLink Cellular) and E-Access software frees systems are described by NAPCO as being great alternatives to more complex enterprise systems and much simpler to scale for SMBs. “These intro classes, cover both systems, and are designed to...
Napco unveils all-in-one FireLink XL 255 Cellular FACP
November 21, 2022SSN Staff
AMITYVILLE, N.Y.—NAPCO Security Technologies has announced the release of the FireLink XL 255 255-point addressable Cellular FACP, now in stock at Napco distributors nationwide.
Its all-in-one design was created to save fire dealers both labor and equipment. It has up to 255 addressable points with a built-in cell/IP communicator, powered by StarLink and on-door LCD touchpad. Featuring easy-to-use cloud-programming from any smart device, FireLink XL255 starts out at 128...
NAPCO announces record-breaking Q4 fiscal results for 2022
August 29, 2022Ken Showers, Managing Editor
AMITYVILLE, N.Y. – Security device manufacturer and designer NAPCO Security Technologies has announced record-breaking fiscal results for the fourth quarter of 2022.
The company boasted results of a 22 percent increase of sales to $43.2 million, a recurring service revenue increase of 36 percent to $7.5 million, and an adjusted EBITDA increase of 29 percent to $9.2 million. Net sales increased 26 percent to a record $143.6 million, with a record net income...
NAPCO announces record fourth quarter and fiscal 2021 results
September 14, 2021SSN Staff
AMITYVILLE, N.Y.—NAPCO Security Technologies, Inc. announced record fourth quarter and fiscal 2021 results ending June 30, 2021, highlighted by a fiscal year net income that increased 75 percent to a record $14.9 million as compared to $8.5 million a year ago.
Some additional highlights include:
4th Quarter Sales Increase 54% to a Record $35.4 million
4th Quarter Recurring Service Revenues Increase 43% to $9.5 million with a gross margin of 87%
Net Income for the year increases...