Back to directory

National Presto Industries

NYSE: NPK
147.97
as of 2026-09-10
Business overview

3 segments: Housewares/Small appliances (Presto brand), Defense (via AMTEC - 40mm ammunition), Safety (startup).

Watch: Extreme concentration (1 dominant client, 1 product family). Profitability declining despite revenue growth (negative operating cash flow).

Valuation
Loading valuation…
View open tenders in Munitions & ammunition

Update log

DateNewsImpact
9/1/2026Yahoo Finance
8/17/2026Yahoo Finance
8/14/2026FORM 10-Q — Period: 2026-07-05
8/14/2026EXHIBIT 99.1 — Other material events · Financial statements and exhibits
8/14/2026EXHIBIT 32.2 — Period: 2026-07-05
8/14/2026EXHIBIT 32.1 — Period: 2026-07-05
8/14/2026FORM 8-K — Other material events · Financial statements and exhibits
8/8/2026
Rating revision: Rating 3 → Rating 2
AI review
The company's transition into a defense-heavy entity with a verified structural moat warrants an improved rating. While operational cash flow and client concentration remain valid concerns, the sustained double-digit growth and dominant market position in 40mm ammunition demonstrate increased stability. Elevating the rating reflects the successful pivot toward core defense contracts as the primary revenue driver.
8/7/2026Yahoo Finance
8/3/2026
Rating revision: Rating 2 → Rating 3
AI review
While National Presto remains a sole prime contractor for 40mm ammunition, the latest financial results indicate a concerning trend of declining profitability and negative operating cash flow. The extreme customer concentration combined with eroding margins justifies a more cautious stance until the company demonstrates an ability to improve operational efficiency. Therefore, a shift to a lower rating is warranted to reflect the heightened financial risk despite the strong competitive moat.
8/3/2026FORM 8-K — Results of operations released · Financial statements and exhibits
8/3/2026EXHIBIT 99.1 — Results of operations released · Financial statements and exhibits
7/27/2026
Rating revision: Rating 1 → Rating 2
AI review
While National Presto remains a sole source provider for key ammunition, the combination of negative operating cash flows and recent executive liquidations warrants a more cautious stance. The reliance on a single product family and a sole client creates significant structural fragility that is not mitigated by the recent insider selling activity. Downgrading to Tier 2 reflects these compounding operational risks and management's reduction in equity exposure.
7/22/2026
7/21/2026
7/20/2026InvestigateTV and WVUE FOX 8 were honored with four Sigma Delta Chi awards for journalistic excellence.
7/19/2026
Q1 2026: Total revenue $118.6M (+15%), with Defense accounting for $99.6M (~84% of quarterly revenue). Full year 2025: Revenue $503.5M (+29.7%).
Major correction compared to initial minority estimates - defense is now the dominant revenue driver for the company.
7/19/2026
40mm order flow: total contract $401.7M; +$71.2M (Feb 2025, Ukraine); +$139.7M (Apr 2025); +$139.3M (Jan 2026); +$119.8M (Mar 2026, 2027 deliveries).
Solid visibility through 2027+, thesis confirmed by actual and dated orders
7/19/2026
Departure of longtime VP of Engineering, effective 04/30/2026.
Continuity signal to monitor, though not necessarily alarming
7/19/2026
2025 net profit down -20.2% ($33.1M vs $41.5M) despite revenue growth. Negative operating cash flow.
Same pattern as AeroVironment: strong growth, profitability/cash-flow under pressure.
7/17/2026The Gaudenzia Chief Clinical Officer will speak at a national conference dedicated to addiction treatment.
7/13/2026Law firm Wolf Haldenstein has issued an alert regarding a data breach affecting First National Holdings.
7/12/2026The law firm Rosen reminds investors concerned by the VERI case of the final deadline.
7/7/2026The Rosen law firm announces a lawsuit concerning Embecta Corp.
7/7/2026The Royal Canadian Legion is hosting a national event to celebrate its 100th anniversary.
6/30/2026The National Proton Therapy Center of Portugal has selected IBA for the installation of two Proteus®ONE solutions.
6/19/2026Yahoo Finance
5/29/2026Yahoo Finance
5/20/2026Yahoo Finance
5/15/2026TradingView
5/7/2026Yahoo Finance
3/26/2026Yahoo Finance
3/26/202640MM M918E2 HIGH VELOCITY TARGET PRACTICE-DAY/ NIGHT/ THERMAL CARTRIDGES
3/17/2026S - Sale transaction of -500 shares at $140.16
3/17/2026Yahoo Finance
3/13/2026Yahoo Finance
3/11/2026S - Sale transaction of -2,417 shares at $143.97
3/10/2026Yahoo Finance
12/30/202540MM M918E2 HIGH VELOCITY TARGET PRACTICE-DAY/ NIGHT/ THERMAL CARTRIDGES
9/23/2022FIXED PRICE W/ EPA CONTRACT. THIS CONTRACT IS FOR THE PRODUCTION OF 40MM GRENADE SYSTEMS FAMILY OF AMMUNITION: M430A1-METAL PALLET, M430A1-WOOD PALLET, M433, M583A1, M781, M918, MIXED BELT, M385A1, M992, M585, M661, M662, AND M433E1, AND M583A1.
9/5/2021The Rosen Law Firm announces a legal investigation concerning BlueCity.
8/30/201740 MILLIMETER GRENADE AMMUNITION CONTRACT
5/21/2010Officer / director departure or appointment · Shareholder vote · Financial statements and exhibits
2/18/201040MM GRENADE FAMILY SYSTEMS FOR FY10-FY14.
6/18/2008PRESS RELEASE DATED JUNE 17, 2008 — Officer / director departure or appointment · Financial statements and exhibits
2/29/2008PRESS RELEASE DATED FEBRUARY 29, 2008 — Results of operations released · Officer / director departure or appointment
11/28/2006PRESS RELEASE DATED NOVEMBER 28, 2006 — Change in auditor
5/3/2001NATIONAL PRESTO INDUSTRIES, INC. FORM 10-Q — Period: 2001-04-01