National Presto Industries Inc
gopresto.comWhat Do They Do?
Manufactures ammunition and other ordnance products for the U.S. Department of Defense and defense contractors, and sells housewares and small appliances to retailers.
10-K for FY2025, filed Mar 13, 2026The business of National Presto Industries, Inc. (the “Company" or “National Presto”) consists of three business segments. For a further…View ↗
AMTEC Corporation ("AMTEC") was acquired on February 24, 2001, and manufactures 40mm ammunition, and precision mechanical and…View ↗
Spectra Technologies LLC ("Spectra"), a subsidiary of AMTEC, was acquired on July 31, 2003, and is engaged in the manufacture and delivery…View ↗
Amron, a division of AMTEC ("Amron"), holds the assets that were purchased from Amron LLC on January 30, 2006. Amron manufactures cartridge…View ↗
Tech Ord, a division of AMTEC ("Tech Ord"), holds the assets formerly owned by Chemring Energetic Devices, Inc.’s business located in Clear…View ↗
Products are sold primarily in the United States and Canada directly to retailers and also through independent distributors. Although the…View ↗
How Do They Make Money?
Defense customers pay fixed contract prices for ammunition and other products when they formally accept them. Housewares and safety customers generally pay when ordered products ship, or in some cases when customers receive them.
10-K for FY2025, filed Mar 13, 2026
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10-K for FY2025, filed Mar 13, 2026
FY2025 revenue by reportable segment ↗
$503.5M
-
10-K for FY2025, filed Mar 13, 2026
$503.5M ↗
| Segment | Share | Revenue | How money arrives |
|---|---|---|---|
|
Housewares/Small Appliances
Sold outright
10-K for FY2025, filed Mar 13, 2026 |
19%
FY2022: 37%
|
Housewares/Small Appliances, FY2025
$95.6M Sources
|
Sold outright |
|
Defense
Sold outright
10-K for FY2025, filed Mar 13, 2026 |
81%
FY2022: 63%
|
Defense, FY2025
$405.9M Sources
|
Sold outright |
|
Safety
Sold outright
|
0.4%
FY2022: 0.3%
|
Safety, FY2025
$2M Sources
|
Sold outright |
Who Are Their Customers?
Housewares are sold primarily to retail outlets in the United States and Canada, directly and through independent distributors. Defense contracts are primarily with the U.S. Department of Defense and its prime contractors.
10-K for FY2025, filed Mar 13, 2026
Do Revenues Turn Into Profits?
Yes. It kept 7 cents of every revenue dollar as net income in FY2025, but spent more cash than it brought in: free cash flow was −$36.2M.
10-K for FY2025, filed Mar 13, 2026
$40.2MView ↗
10-K for FY2025, filed Mar 13, 2026
$33.1MView ↗
10-K for FY2025, filed Mar 13, 2026
−$36.2MView ↗
How Are They Changing?
- Net income
-
Sources
10-Q for Q2 FY2026, filed Aug 14, 2026
$15.9MView ↗
- ▲ +208%
- vs $5.2M in Q2 FY2025
10-Q for Q2 FY2026, filed Aug 14, 2026
Open tableView ↗
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Aug 14, 2026
AMTEC and Spectra received awards totaling $159.1 million
AMTEC received 40mm contract option awards, and Spectra received a subcontract to produce a warhead for the Small Diameter Bomb program; together, the awards total $159.1 million.
Sources
8-K, filed Aug 14, 2026
On August 14, 2026, the Registrant announced that on August 13, 2026, AMTEC Corporation, a wholly owned subsidiary within National Defense…View ↗
Growing. Revenue grew 42% in 4 years, from $355.8M in FY2021 to $503.5M in FY2025, about 9% a year.
Safety portfolio narrowed
The older report described Safety as spanning a fire extinguisher, refrigerator-monitoring systems and carbon monoxide alarms. The latest describes smoke and carbon monoxide alarms and a commercial fire extinguisher; the company sold Rusoh and some OneEvent refrigeration-monitoring assets, retaining OneEvent intellectual property.
10-K for FY2022, filed Mar 13, 2023 10-K for FY2025, filed Mar 13, 2026
Who Do They Compete With?
Competes with DSE
10-K for FY2025, filed Mar 13, 2026On April 25, 2005, AMTEC was awarded the high volume, five-year prime contract for management and production of the United States Army’s…View ↗
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