Revenue growth remains inconsistent with a 14.3% year-over-year decline in 2025Q4, though the firm maintains a robust 61.5% gross margin profile through its specialized security hardware and software focus.
| Metric | Dec'25 | Dec'24 | Dec'23 | Dec'22 | Dec'21 | Dec'20 | Dec'19 | Dec'18 | Dec'17 | Dec'16 | Dec'15 | Dec'14 | Dec'13 | Dec'12 | Dec'11 | Dec'10 | Dec'09 | Dec'08 | Dec'07 | Dec'06 | Dec'05 | Dec'04 | Dec'03 | Dec'02 | Dec'01 | Dec'00 | Dec'99 | Dec'98 | Dec'97 | Dec'96 |
|---|
| Sales/Revenue | 36.37M | 35.75M | 32.79M | 35.56M | 34.92M | 33.35M | 35.14M | 92.6M | 64.29M | 67.83M | 63.74M | 77.54M | 51.52M | 77.7M | 88.59M | 49.7M | 54.52M | 70.36M | 72.38M | 66.96M | 61.28M | 60.97M | 59.36M | 42.97M | 41.02M | 38.57M | 31.97M | 32.1M | 25.5M | 18.2M |
| Revenue Growth % | 1.74% | 9.03% | -7.78% | 1.84% | 4.69% | -5.09% | -62.05% | 44.03% | -5.21% | 6.42% | -17.81% | 50.52% | -33.7% | -12.3% | 78.26% | -8.84% | -22.51% | -2.79% | 8.09% | 9.26% | 0.51% | 2.72% | 38.16% | 4.74% | 6.35% | 20.66% | -0.41% | 25.88% | 40.11% | 6.43% |
| Cost of Goods Sold | 12.54M | 12.84M | 13.94M | 14.06M | 12.94M | 11.24M | 13.44M | 52.3M | 32.97M | 34.57M | 32.72M | 43.05M | 31.06M | 44.16M | 49.09M | 31.4M | 33.33M | 49.2M | 43.51M | 40.23M | 39.15M | 33.73M | 33.38M | 23.92M | 21.5M | 20.52M | 15.26M | 15.2M | 12M | 9.9M |
| COGS % of Revenue | 34.47% | 35.9% | 42.52% | 39.53% | 37.05% | 33.71% | 38.24% | 56.48% | 51.28% | 50.97% | 51.34% | 55.52% | 60.29% | 56.84% | 55.41% | 63.18% | 61.14% | 69.94% | 60.12% | 60.08% | 63.89% | 55.31% | 56.23% | 55.68% | 52.43% | 53.21% | 47.75% | 47.35% | 47.06% | 54.4% |
| Gross Profit | 23.84M | 22.92M | 18.85M | 21.5M | 21.98M | 22.11M | 21.7M | 40.3M | 31.32M | 33.26M | 31.01M | 34.49M | 20.46M | 33.53M | 39.5M | 18.3M | 21.19M | 21.15M | 28.86M | 26.73M | 22.13M | 27.25M | 25.98M | 19.04M | 19.52M | 18.05M | 16.7M | 16.9M | 13.5M | 8.3M |
| Gross Margin % | 65.53% | 64.1% | 57.48% | 60.47% | 62.95% | 66.29% | 61.76% | 43.52% | 48.72% | 49.03% | 48.66% | 44.48% | 39.71% | 43.16% | 44.59% | 36.82% | 38.86% | 30.06% | 39.88% | 39.92% | 36.11% | 44.69% | 43.77% | 44.32% | 47.57% | 46.79% | 52.25% | 52.65% | 52.94% | 45.6% |
| Gross Profit Growth % | 4.01% | 21.59% | -12.34% | -2.18% | -0.57% | 1.87% | -46.15% | 28.66% | -5.8% | 7.23% | -10.09% | 68.61% | -38.99% | -15.11% | 115.87% | -13.63% | 0.17% | -26.73% | 8% | 20.78% | -18.79% | 4.87% | 36.45% | -2.42% | 8.13% | 8.05% | -1.16% | 25.19% | 62.65% | 0% |
| Operating Expenses | 20.83M | 19.03M | 20.11M | 20.02M | 20.9M | 19.05M | 21.11M | 36.55M | 32.57M | 31.76M | 26.63M | 33.07M | 24.85M | 27.88M | 29.69M | 22.96M | 23.91M | 36.84M | 26.1M | 23.99M | 24.41M | 24.33M | 21.66M | 16.71M | 15.94M | 14.77M | 14.03M | 14.1M | 12.3M | 6.8M |
| OpEx % of Revenue | 57.26% | 53.24% | 61.34% | 56.3% | 59.86% | 57.13% | 60.08% | 39.47% | 50.66% | 46.83% | 41.77% | 42.65% | 48.23% | 35.88% | 33.51% | 46.2% | 43.85% | 52.37% | 36.06% | 35.83% | 39.83% | 39.91% | 36.49% | 38.89% | 38.85% | 38.28% | 43.89% | 43.93% | 48.24% | 37.36% |
| Selling, General & Admin | 17.48M | 14.88M | 16.11M | 15.99M | 16.97M | 15.08M | 16.02M | 28.65M | 26.01M | 24.71M | 21.81M | 25.89M | 20.57M | 23.94M | 28.1M | 18.85M | 19.09M | 30.65M | 20.39M | 18.61M | 19.14M | 18.45M | 16.89M | 13.58M | 12.88M | 11.79M | 9.92M | 10.4M | 8.2M | 4.2M |
| SG&A % of Revenue | 48.05% | 41.63% | 49.12% | 44.96% | 48.59% | 45.23% | 45.6% | 30.94% | 40.46% | 36.43% | 34.22% | 33.39% | 39.92% | 30.81% | 31.72% | 37.94% | 35.02% | 43.56% | 28.18% | 27.8% | 31.23% | 30.26% | 28.45% | 31.61% | 31.4% | 30.57% | 31.04% | 32.4% | 32.16% | 23.08% |
| Research & Development | 3.35M | 4.15M | 4M | 4.03M | 3.93M | 3.97M | 5.09M | 6.85M | 6.56M | 6.78M | 4.81M | 4.6M | 4.41M | 4.04M | 3.9M | 4.11M | 4.82M | 6.2M | 5.76M | 5.38M | 5.26M | 4.68M | 4.77M | 3.13M | 3.05M | 2.98M | 2.68M | 2.3M | 2M | 2M |
| R&D % of Revenue | 9.2% | 11.61% | 12.21% | 11.34% | 11.26% | 11.9% | 14.48% | 7.4% | 10.2% | 9.99% | 7.55% | 5.94% | 8.56% | 5.2% | 4.4% | 8.26% | 8.83% | 8.81% | 7.96% | 8.03% | 8.59% | 7.68% | 8.04% | 7.28% | 7.45% | 7.71% | 8.37% | 7.17% | 7.84% | 10.99% |
| Other Operating Expenses | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 1.05M | 0 | 270K | 0 | 2.57M | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Operating Income | 3.01M | 3.88M | -1.26M | 1.48M | 1.08M | 3.05M | 591K | 3.75M | -1.24M | 1.5M | 4.39M | 1.42M | -4.52M | 5.56M | 9.81M | -4.66M | -2.72M | -28.58M | 2.77M | 2.74M | -2.28M | 2.92M | 4.32M | 2.33M | 3.58M | 3.28M | 2.67M | 2.8M | 1.2M | 1.5M |
| Operating Margin % | 8.28% | 10.86% | -3.86% | 4.17% | 3.1% | 9.15% | 1.68% | 4.06% | -1.93% | 2.2% | 6.89% | 1.84% | -8.77% | 7.15% | 11.07% | -9.38% | -4.99% | -40.62% | 3.83% | 4.09% | -3.72% | 4.78% | 7.28% | 5.43% | 8.72% | 8.51% | 8.36% | 8.72% | 4.71% | 8.24% |
| Operating Income Growth % | -22.48% | 406.96% | -185.24% | 37.28% | -64.59% | 416.58% | -84.26% | 401.85% | -183.21% | -65.94% | 208.43% | 131.49% | -181.32% | -43.36% | 310.54% | -71.26% | 90.48% | -1132.18% | 1.17% | 220.15% | -178.12% | -32.5% | 85.09% | -34.79% | 9.02% | 22.77% | -4.5% | 133.33% | -20% | 7.14% |
| EBITDA | 3.69M | 4.62M | -348K | 2.91M | 2.95M | 5.01M | 2.69M | 6M | 632K | 3.23M | 5.89M | 3.39M | -2.8M | 6.74M | 11.03M | -3.6M | -1.52M | -25.52M | 4.91M | 4.94M | 125K | 5.07M | 5.72M | 3.45M | 5.01M | 4.67M | 4.1M | 4.2M | 3.3M | 2.1M |
| EBITDA Margin % | 10.13% | 12.91% | -1.06% | 8.2% | 8.45% | 15.02% | 7.66% | 6.48% | 0.98% | 4.77% | 9.24% | 4.37% | -5.44% | 8.67% | 12.45% | -7.24% | -2.78% | -36.27% | 6.78% | 7.38% | 0.2% | 8.31% | 9.64% | 8.02% | 12.22% | 12.1% | 12.84% | 13.08% | 12.94% | 11.54% |
| EBITDA Growth % | -20.15% | 1426.44% | -111.94% | -1.22% | -41.11% | 86.14% | -55.15% | 849.37% | -80.46% | -45.09% | 73.81% | 221.07% | -141.57% | -38.94% | 406.56% | -137.18% | 94.06% | -620.03% | -0.73% | 3854.4% | -97.53% | -11.46% | 66% | -31.24% | 7.41% | 13.72% | -2.29% | 27.27% | 57.14% | 5% |
| D&A (Non-Cash Add-back) | 676K | 733K | 917K | 1.43M | 1.87M | 1.96M | 2.1M | 2.25M | 1.88M | 1.74M | 1.5M | 1.97M | 1.72M | 1.18M | 1.22M | 1.06M | 1.2M | 3.06M | 2.14M | 2.21M | 2.4M | 2.15M | 1.4M | 1.11M | 1.43M | 1.38M | 1.43M | 1.4M | 2.1M | 600K |
| EBIT | 3.23M | 3.88M | -1.26M | 1.48M | 1.08M | 3.05M | 591K | 4.8M | -1.24M | 1.76M | 4.39M | 4M | -4.52M | 5.56M | 11.72M | -4.68M | -3.46M | -14.78M | 2.77M | 2.74M | -2.28M | 3.07M | 4.3M | 2.33M | 3.58M | 3.28M | 2.67M | 2.81M | 1.21M | 1.5M |
| Net Interest Income | 238K | 259K | -6K | -225K | -26K | -13K | 135K | 258K | 113K | 4K | -327K | -352K | -69K | 69K | -638K | -768K | -488K | -335K | -1.9M | -1.39M | -1.25M | -1.3M | -1.11M | 0 | -942K | -214K | 0 | -900K | 0 | -200K |
| Interest Income | 383K | 363K | 151K | 48K | 26K | 146K | 304K | 670K | 462K | 303K | 54K | 141K | 337K | 671K | 1.91M | 182K | 484K | 864K | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Interest Expense | 145K | 104K | 157K | 273K | 52K | 159K | 169K | 412K | 349K | 299K | 381K | 493K | 406K | 602K | 1.16M | 967K | 1.57M | 2.01M | 1.9M | 1.39M | 1.25M | 1.3M | 1.11M | 0 | 942K | 214K | 0 | 900K | 0 | 200K |
| Other Income/Expense | 71K | 731K | -64K | 141K | -1.01M | -1.02M | -1.13M | 1.36M | -3.96M | -591K | 642K | 1.98M | 59K | -472K | 756K | -967K | -1.57M | -16.03M | -2.2M | -851K | -800K | -762K | -1M | 199K | 40K | -214K | -484K | -205K | -1.91M | -200K |
| Pretax Income | 3.08M | 4.61M | -1.33M | 1.63M | 70K | 2.04M | -542K | 5.12M | -5.21M | 904K | 5.03M | 3.4M | -4.46M | 5.08M | 10.57M | -5.63M | -4.29M | -30.59M | 569K | 1.89M | -3.06M | 2.15M | 3.32M | 2.53M | 3.62M | 3.07M | 2.19M | 2.6M | -700K | 1.3M |
| Pretax Margin % | 8.47% | 12.91% | -4.05% | 4.57% | 0.2% | 6.1% | -1.54% | 5.52% | -8.1% | 1.33% | 7.89% | 4.39% | -8.66% | 6.54% | 11.93% | -11.32% | -7.87% | -43.48% | 0.79% | 2.82% | -4.99% | 3.53% | 5.59% | 5.9% | 8.82% | 7.96% | 6.85% | 8.1% | -2.75% | 7.14% |
| Income Tax | -136K | 1.98M | 40K | 2.4M | 2.26M | 1.77M | 317K | 2.07M | 1.7M | 122K | 1.92M | 82K | 69K | 991K | 723K | 602K | 728K | 1.62M | 373K | 948K | -23K | 1.1M | 913K | 645K | 452K | 180K | 259K | 300K | 200K | 100K |
| Effective Tax Rate % | -4.41% | 42.85% | -3.01% | 147.94% | 3230% | 86.94% | -58.49% | 40.5% | -32.56% | 13.5% | 38.22% | 2.41% | -1.55% | 19.49% | 6.84% | -10.7% | -16.97% | -5.29% | 65.55% | 50.27% | 0.75% | 51.11% | 27.52% | 25.46% | 12.49% | 5.87% | 11.83% | 11.54% | -28.57% | 7.69% |
| Net Income | 3.22M | 2.64M | -1.29M | 3.83M | 6.42M | 360K | 2.29M | 2.95M | -6.91M | 1.03M | 3.14M | 3.41M | -4.46M | 4.09M | 9.84M | -6.21M | -855K | -32.6M | 1.88M | 810K | -3.21M | 1.05M | 2.4M | 1.89M | 3.17M | 2.89M | 1.93M | 2.3M | -900K | 1.2M |
| Net Margin % | 8.84% | 7.38% | -3.93% | 10.77% | 18.38% | 1.08% | 6.53% | 3.18% | -10.75% | 1.52% | 4.93% | 4.4% | -8.66% | 5.27% | 11.11% | -12.49% | -1.57% | -46.34% | 2.6% | 1.21% | -5.24% | 1.73% | 4.05% | 4.39% | 7.72% | 7.49% | 6.04% | 7.17% | -3.53% | 6.59% |
| Net Income Growth % | 21.99% | 304.58% | -133.65% | -40.3% | 1682.5% | -84.3% | -22.24% | 142.65% | -771.92% | -67.24% | -7.89% | 176.41% | -209.01% | -58.41% | 258.65% | -625.73% | 97.38% | -1832.31% | 132.35% | 125.23% | -404.94% | -56.2% | 27.33% | -40.39% | 9.62% | 49.61% | -16.04% | 355.56% | -175% | 9.09% |
| Net Income (Continuing) | 3.22M | 2.64M | -1.29M | 4.03M | -2.19M | 266K | -859K | 3.04M | -6.9M | 1.03M | 3.11M | 3.32M | 0 | 0 | 9.84M | -6.23M | -5.3M | -32.2M | 196K | 938K | -3.06M | 1.17M | 2.39M | 1.89M | 3.17M | 2.89M | 1.93M | 2.3M | -900K | 1.2M |
| Discontinued Operations | 0 | 0 | 0 | -198K | 8.61M | 436K | 3.68M | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Minority Interest | 0 | 0 | 0 | 0 | 0 | 1K | 24K | 1.75M | 0 | -91K | -88K | -55K | -15K | 0 | 0 | 0 | 54K | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| EPS (Diluted) | 0.14 | 0.11 | -0.06 | 0.16 | 0.28 | 0.02 | 0.10 | 0.13 | -0.30 | 0.06 | 0.18 | 0.20 | -0.26 | 0.25 | 0.74 | -0.56 | -0.08 | -2.96 | 0.17 | 0.08 | -0.30 | 0.11 | 0.27 | 0.20 | 0.36 | 0.31 | 0.21 | 0.25 | -0.10 | 0.19 |
| EPS Growth % | 27.27% | 298.92% | -134.56% | -42.86% | 1706.45% | -84.36% | -23.77% | 143.33% | -600% | -66.67% | -10% | 176.92% | -204% | -66.22% | 232.14% | -621.65% | 97.38% | -1841.18% | 125.17% | 125.17% | -372.73% | -59.26% | 35% | -44.44% | 16.13% | 47.62% | -16% | 350% | -152.63% | 18.75% |
| EPS (Basic) | 0.14 | 0.11 | -0.06 | 0.16 | 0.28 | 0.02 | 0.10 | 0.13 | -0.30 | 0.06 | 0.18 | 0.20 | -0.26 | 0.25 | 0.74 | -0.56 | -0.08 | -2.96 | 0.17 | 0.08 | -0.30 | 0.11 | 0.27 | 0.21 | 0.36 | 0.31 | 0.21 | 0.25 | -0.10 | 0.19 |
| Diluted Shares Outstanding | 23.59M | 23.31M | 23.31M | 23.31M | 23.21M | 23.15M | 23.14M | 23.29M | 22.99M | 18.03M | 17.35M | 17.28M | 17.07M | 16.95M | 13.37M | 11.02M | 11.02M | 11.02M | 11.08M | 10.73M | 10.63M | 9.3M | 8.92M | 9.25M | 8.9M | 9.25M | 9.27M | 9.18M | 8.84M | 6.39M |
| Basic Shares Outstanding | 23.33M | 23.97M | 21.48M | 23.31M | 23.21M | 23.15M | 23.13M | 23.04M | 22.99M | 18M | 17.29M | 17.12M | 17.07M | 16.92M | 13.37M | 11.02M | 11.02M | 11.02M | 11.08M | 10.73M | 10.63M | 9.3M | 8.92M | 9.02M | 8.69M | 9.25M | 9.18M | 9.18M | 8.84M | 6.39M |
| Dividend Payout Ratio | - | - | - | - | 625.17% | 6944.44% | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 38.08% | - | - | 29.74% | 24.99% | 37.23% | - | - | - |
Geopolitical and Revenue Lumpiness
As indicated by the most recent quarterly data, SNT's revenue growth remains inconsistent, with a notable 14.3% year-over-year decline in 2025Q4, suggesting that the company's reliance on large-scale infrastructure cycles creates significant volatility in top-line performance rather than a steady, predictable growth trajectory.
The revenue profile appears highly sensitive to the timing of large-scale security deployments, which often leads to lumpy quarterly results. Investors should monitor whether the current product-centric strategy can eventually smooth out these fluctuations or if the business remains inherently tied to the unpredictable cadence of government procurement cycles.
Based on reported financial statements, SNT has successfully maintained a robust gross margin profile, peaking at 68.0% in 2024Q3, which reflects the successful strategic pivot toward high-margin proprietary hardware and software solutions following the divestiture of the lower-margin integrated solutions division.
The ability to sustain gross margins consistently above 60% suggests significant pricing power within the niche perimeter security market. This structural shift appears to insulate the company from the labor-intensive, low-margin risks that historically plagued its integration-heavy business model.
According to income statement filings, SNT's operating leverage remains fragile, as evidenced by the 2025Q4 operating loss of $158,000, which highlights that SG&A expenses often scale disproportionately to revenue, preventing consistent conversion of high gross profits into meaningful operating income for shareholders.
The company's operating margin volatility suggests that fixed costs, particularly in R&D and specialized technical sales, require a higher revenue base to achieve consistent operating leverage. Without sustained top-line growth, the current cost structure may continue to exert pressure on bottom-line profitability during periods of revenue contraction.
As reported in recent quarterly filings, SNT's net income has experienced significant swings, including a $32,000 loss in 2025Q4, which underscores the impact of non-operating items and the lack of consistent recurring revenue streams to stabilize the bottom line against operational fluctuations.
The presence of stock-based compensation in 2025Q4, while relatively small, warrants monitoring as it may signal a shift in how the company manages its talent costs. Investors should be cautious of relying on headline EPS figures, as the company's earnings quality appears heavily influenced by the timing of project-based revenue recognition.
Based on an analysis of the provided data, the primary risk to the current narrative is that SNT's 1.74% annual growth rate may reflect a saturated niche market where the company lacks the scale to compete effectively against larger, more diversified security technology providers.
Short-term margin compression in 2025Q4 suggests that the company's high-margin product strategy is not immune to operational inefficiencies. If the company fails to leverage its cash reserves for strategic growth, the market may continue to apply a discount to its valuation, viewing it as a stagnant legacy player.
Quick answers to the most common questions about buying SNT stock.
For fiscal year 2025, Senstar Technologies Ltd. (SNT) reported total revenue of $36.4M. This represents a 99.9% increase compared to $18.2M in 1996.
Senstar Technologies Ltd. (SNT) is profitable, generating $3.2M in net income for the fiscal year ending 2025 with a net profit margin of 8.8%.
Senstar Technologies Ltd. (SNT) reported an operating income of $3.0M, resulting in an operating profit margin of 8.3%. This margin reflects the operational efficiency of the business before interest and taxes.
Senstar Technologies Ltd. (SNT) generated $23.8M in gross profit for the year, representing a gross profit margin of 65.5%. This demonstrates the company's core pricing power and production efficiency.