National Presto Industries (NPK) Q2 2026 earnings summary

Executive summary

• Net sales rose 22% year-over-year in Q2 2026, with gross profit up 54% and net earnings up 208% compared to Q2 2025.

• Defense segment drove growth with a 27% increase in net sales, offsetting an 6% decline in Housewares/Small Appliances sales.

• Housewares/Small Appliances gross profit improved due to tariff refunds following a Supreme Court decision.

Financial highlights

• Q2 2026 net sales: $146.6M (up from $120.4M in Q2 2025); gross profit: $28.5M (up from $18.5M); net earnings: $15.9M (up from $5.2M).

• Six-month net sales: $265.2M (up from $224.1M); net earnings: $22.5M (up from $12.8M).

• Operating profit for Q2 2026: $19.4M (up from $6.1M); EPS for Q2 2026: $2.21 (up from $0.72).

• Effective tax rate remained at 22% for both Q2 2026 and Q2 2025.

Outlook and guidance

• Management expects to continue evaluating acquisition opportunities and capital investments aligned with business segments.

• Sufficient liquidity is anticipated to meet capital requirements, dividend payments, and growth initiatives.