SNT · Senstar Technologies Ltd.

Senstar Technologies delivered solid full-year 2025 financial results, marked by revenue growth and margin expansion, though fourth quarter performance was tempered by specific external factors. For the full year, revenue rose 2% to $36.4 million, driven by growth in the corrections and energy verticals within North America and LATAM. Gross margin improved 140 basis points to 65.5%, attributed to favorable product mix and efficiency gains from product redesigns. Net income increased to $3.2 million, or $0.14 per share, compared to $2.6 million in the prior year. However, EBITDA declined to $3.7 million from $4.6 million, reflecting a 9% increase in operating expenses primarily due to general and administrative costs associated with the Blickfeld acquisition announced in December 2025.

Fourth quarter results contrasted with the annual trend, as revenue declined 14% to $8.8 million. Management attributed this decline to delays in U.S. government projects following a shutdown and a non-recurring project in EMEA from 2024. Consequently, the company reported a net loss of $33,000 for the quarter, compared to net income of $1.6 million in the same period last year. Despite the quarterly softness, the company maintained a strong balance sheet, ending the year with $22.5 million in cash and short-term bank deposits and no debt. Looking ahead, management highlighted the closing of the Blickfeld acquisition in early 2026, aiming to expand into the high-growth LiDAR market, with increasing activity in Data Centers and Energy verticals expected to drive future growth.