Revenue: As of FY2025, the actual value is USD 503.52 M.

EPS: As of FY2025, the actual value is USD 4.63.

EBIT: As of FY2025, the actual value is USD 40.91 M.

Segment Revenue

• Housewares/Small Appliance Segment:
  • Net sales decreased by $7,195,000 (7%) from $102,799,000 in 2024 to $95,604,000 in 2025, primarily due to a decrease in units shipped, partially offset by increased pricing.
  • Net sales increased by $5,180,000 (5%) from $97,619,000 in 2023 to $102,799,000 in 2024, primarily due to an increase in units shipped.
• Defense Segment:
  • Net sales increased by $121,912,000 (43%) from $284,025,000 in 2024 to $405,937,000 in 2025, reflecting increased shipments from backlog.
  • Net sales increased by $42,322,000 (18%) from $241,703,000 in 2023 to $284,025,000 in 2024, reflecting an increase in units shipped.
• Safety Segment:
  • Sales increased by $579,000 to $1,983,000 in 2025.
  • Sales decreased from $1,590,000 in 2023 to $1,404,000 in 2024.

Operational Metrics

• Housewares/Small Appliance Segment:

  • Gross Profit: Decreased by $17,889,000 from $25,478,000 (25% of sales) in 2024 to $7,589,000 (8% of sales) in 2025, impacted by tariffs and distribution center relocation costs of approximately $1,261,000. Increased by $5,611,000 from $19,867,000 (20% of sales) in 2023 to $25,478,000 (25% of sales) in 2024, augmented by an improved product mix and a favorable LIFO inventory adjustment.
  • Selling and General Expenses: Increased by $1,304,000 in 2025 compared to 2024. Increased by $361,000 in 2024 compared to 2023.
  • Operating Profit: Was -$9,292,000 in 2025, compared to $12,602,000 in 2024. Was $12,602,000 in 2024, compared to $7,352,000 in 2023.
  • Total Assets: Were $100,070,000 in 2025, down from $115,717,000 in 2024. Were $115,717,000 in 2024, down from $191,902,000 in 2023.
  • Capital Expenditures: Were $23,231,000 in 2025, significantly higher than $212,000 in 2024. Were $212,000 in 2024, lower than $488,000 in 2023.

• Defense Segment:

  • Gross Profit: Increased by $19,471,000 from $58,173,000 (21% of sales) in 2024 to $77,644,000 (19% of sales) in 2025. Increased by $6,170,000 from $52,003,000 (22% of sales) in 2023 to $58,173,000 (21% of sales) in 2024.
  • Selling and General Expenses: Increased by $3,941,000 in 2025 compared to 2024. Increased by $1,530,000 in 2024 compared to 2023.
  • Operating Profit: Was $58,383,000 in 2025, compared to $42,853,000 in 2024. Was $42,853,000 in 2024, compared to $38,286,000 in 2023.
  • Total Assets: Were $394,392,000 in 2025, up from $330,892,000 in 2024. Were $330,892,000 in 2024, up from $242,272,000 in 2023.
  • Capital Expenditures: Were $1,066,000 in 2025, lower than $7,253,000 in 2024. Were $7,253,000 in 2024, significantly higher than $1,168,000 in 2023.

• Safety Segment:

  • Gross Margins: Remained negative in both 2025 and 2024, and in 2024 were negatively impacted by a $667,000 decrease primarily due to increased product development and testing compared to 2023.
  • Selling and General Expenses: Decreased by $1,215,000 in 2025 compared to 2024. Decreased by $837,000 in 2024 compared to 2023.
  • Operating Loss: Was -$8,850,000 in 2025, compared to -$10,242,000 in 2024. Was -$10,242,000 in 2024, compared to -$10,605,000 in 2023.
  • Total Assets: Were $6,267,000 in 2025, down from $6,788,000 in 2024. Were $6,788,000 in 2024, up from $6,362,000 in 2023.
  • Capital Expenditures: Were $36,000 in 2025, lower than $66,000 in 2024. Were $66,000 in 2024, lower than $184,000 in 2023.

Cash Flow

• Operating Activities: Cash used was -$9,137,000 in 2025, compared to -$53,426,000 in 2024. Cash used was -$53,426,000 in 2024, compared to $45,389,000 provided in 2023.
• Investing Activities: Net cash used was -$21,876,000 in 2025, compared to $14,965,000 provided in 2024. Net cash provided was $14,965,000 in 2024, compared to -$447,000 used in 2023.
• Financing Activities: Net cash provided was $16,602,000 in 2025, compared to -$31,533,000 used in 2024. Net cash used was -$31,533,000 in 2024, compared to -$27,996,000 used in 2023.

Unique Metrics

• Defense Segment Backlog: The contract backlog for the Defense segment was approximately $1,747,809,000 at December 31, 2025, up from $1,085,612,000 at December 31, 2024, and $564,005,000 at December 31, 2023. This backlog is anticipated to be produced and shipped over an 18- to 42-month period.
• Working Capital: Working capital increased by $15,887,000 to $308,112,000 at December 31, 2025. The current ratio was 4.2 to 1.0 at December 31, 2025, compared to 4.9 to 1.0 at December 31, 2024.
• Line of Credit: The amount outstanding on the unsecured line of credit was $23,624,000 as of December 31, 2025, with no amounts outstanding as of December 31, 2024.

Outlook / Guidance

National Presto Industries, Inc. expects to continue evaluating acquisition opportunities aligned with its business segments and will make further acquisitions and capital investments based on projected returns. The company believes it has sufficient liquidity from cash, marketable securities, and credit facilities to meet anticipated capital requirements, pay dividends, and fund future growth. The Defense segment’s contract backlog is anticipated to be fulfilled within an 18- to 42-month period.