National Presto 2025 sales rise 29.7% to $503.5 million; net earnings fall 20.2%
National Presto reported 2025 net sales of $503.5 million, up from $388.2 million in 2024, driven by its Defense segment. Net earnings fell 20.2% to $33.1 million ($4.63 per share) from $41.5 million ($5.82 per share), as the Housewares/Small Appliance segment posted a significant operating loss tied to tariffs and a capital loss from a supplier bankruptcy. Vice President of Engineering Jeff Morgan will also retire on April 30, 2026.
Key points
- Net sales rose to $503.5 million from $388.2 million; Defense sales increased $121.9 million, or 42.9%
- Net earnings declined to $33.1 million ($4.63 per share) from $41.5 million ($5.82 per share)
- Housewares/Small Appliance net revenue fell $7.2 million, or 7.0%, and the segment reported a significant operating loss
- Jeff Morgan will retire as Vice President of Engineering and resign his officer position effective April 30, 2026; the 2026 regular dividend is $1.00 per share with no extra dividend
The filing
Written by AI on Nov 8, 2026, 6:59 AM ET, from this filing only. Written later: this filing was briefed after the fact, when past filings were added to the site, so the brief may be read with hindsight; the filing itself is the record of what was known on March 04, 2026.
Briefs are written by AI from the filing text and can contain mistakes — open the filing before acting on anything. Impact (1-5) and tone are the AI's reading of the filing for shareholders, not a price forecast. Not investment advice.