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National Presto's 2025 earnings are strained by weak housewares sales, supplier issues and relocation costs, but posted strong revenue growth driven by defense shipments.

NPK's Defense unit surges with $280 million-plus in new contracts, strong backlog, and major investments fueling long-term growth and operational strength.

National Presto Industries, Inc.'s defense segment sales surged 45% year-to-date, driven by a robust backlog and accelerating order flow. NPK's backlog reached over $1.4B at Q3's end, bolstered by significant new orders from Boeing and continued grenade contract awards. Margins have not expanded with revenue growth, but NPK's conservative accounting and focus on production over profitability are viewed positively.

NPK's Q3 EPS fall 35% year over year as strong Defense shipments drive revenues up 26%, but tariff-related costs in the Housewares segment erode margins and weigh on overall profitability.

National Presto's Q2 earnings gain on 41.6% sales growth driven by Defense, but net income dropped 15% due to tariffs and supplier-related losses.