NPK reports Q2 2025 revenue of $68.2mln, rental revenue up 34% YoY.

• NPK reports Q2 2025 revenues of $68.2mln, +2% • Rental revenues reach $31.7mln, +34% • Operating income from continuing ops at $11.6mln, 17.0% margin • Income from continuing ops at $8.8mln, or $0.10 per diluted share • Adjusted EBITDA from continuing ops at $18.8mln, 27.5% margin • Total cash at $26.0mln, total debt at $9.3mln as of June 30, 2025

National Presto Industries, Inc. (NPK), a leading provider of rental equipment and services, has reported its second-quarter (Q2) 2025 financial results, showcasing robust growth and increased profitability. The company's revenues reached $68.2 million, marking a 2% increase from the same period last year [2]. Rental revenues soared to $31.7 million, representing a 34% year-over-year growth [2]. Operating income from continuing operations stood at $11.6 million, with a 17.0% operating margin [2]. The income from continuing operations was $8.8 million, or $0.10 per diluted share [2]. Adjusted EBITDA from continuing operations totaled $18.8 million, with a 27.5% margin [2]. As of June 30, 2025, the company held $26.0 million in total cash and $9.3 million in total debt [2].

The company's strong performance was driven by a 34% increase in rental revenues, reaching a record high of $31.7 million [2]. This growth was primarily attributed to heightened demand in support of power transmission projects. Revenues from product sales also contributed to the overall growth, reaching $22 million for the quarter [2]. The company's disciplined execution and strategic investments in its rental fleet and logistics capabilities have been key drivers of this performance [2].

Matthew Lanigan, President and CEO of NPK, commented on the company's strong second-quarter performance, stating, "Our disciplined execution once again resulted in strong organic growth in the second quarter, highlighted by rental revenue growth of 34% to $32 million, another single quarter record" [2]. He also noted the company's ongoing momentum in its core markets and the pipeline of rental projects and products sales it is pursuing [2].

Looking ahead, NPK has raised its full-year revenue and EBITDA expectations for fiscal 2025, driven by the strong performance in the first half of the year and the continued momentum into the second half [2]. The company remains focused on growing its rental fleet scale, expanding its geographic footprint, and providing industry-leading products and services to its customers [2].

The company's strong financial performance and strategic initiatives position NPK well for continued growth and profitability in the coming quarters. Investors and financial professionals should closely monitor NPK's progress as it continues to execute its strategic growth plans.

References:
[1] https://www.nasdaq.com/articles/npk-q2-earnings-down-y-y-tariffs-weigh-sales-42
[2] https://finance.yahoo.com/news/npk-reports-second-quarter-2025-201500604.html