Napco Security

Q3 FY2026 EarningsQ4 FY26 beat consensus across all key financial metrics, driven by strong recovery in equipment sales and continued double-digit growth in recurring services. Revenue reached a record $55.8M (+6.2% vs. consensus), while Diluted GAAP EPS of $0.50 significantly outperformed the $0.39 consensus, aided by a ~600bps margin benefit from tariff refunds. Gross margin expanded to 61.3%, comfortably exceeding the 58.1% estimate, supporting a 52.7% YoY surge in net income.