Senstar Technologies Corporation, a prominent provider of security products and solutions, announced its financial results for the third quarter of 2025. The company reported revenues of $9.5 million for the quarter ending September 30, a slight decrease from $9.7 million in the same period last year. Despite this decline, year-to-date revenue grew by 8% compared to 2024, indicating a positive trend in overall performance.
In a conference call scheduled for later today, Fabien Haubert, CEO of Senstar, will elaborate on these results and the company’s strategic direction. The third quarter saw a gross margin of 67.3%, slightly down from 68.0% a year prior, reflecting a stable product mix despite the drop in revenue.
Overall, the company’s net income for the third quarter was $1.0 million, down from $1.3 million in the previous year. However, year-to-date net income increased significantly to $3.2 million, compared to $1.0 million during the same period in 2024. This upward trajectory in net income suggests that despite short-term challenges, Senstar is strengthening its financial position.
Financial Performance Highlights
For the third quarter, Senstar reported an EBITDA of $1.3 million, a decrease from $2.0 million in the third quarter of 2024. The increase in operating expenses to $5.2 million, compared to $4.8 million a year earlier, was primarily due to heightened general and administrative costs, which included exceptional consulting fees related to strategic growth initiatives.
The company ended the quarter with a robust balance sheet, holding $21.7 million in cash and short-term bank deposits, with no outstanding debt. This represents an increase from $20.6 million as of December 31, 2024. The stability in gross margin underscores Senstar’s commitment to operational efficiency and the value of its differentiated technology.
Mr. Haubert remarked, “Our performance year-to-date reflects consistent execution and continued expansion in our highest-value verticals.” He noted significant growth in core vertical revenues, particularly in the Corrections and Energy sectors, as global investment in infrastructure protection rises.
Looking Ahead
Senstar’s strategic focus on critical and non-critical infrastructure protection is expected to drive future revenue growth. The company is gaining market share and experiencing rapid momentum in Utilities, Transport, and Data Centers, spurred by increased adoption of advanced perimeter security solutions.
The investors’ conference call will provide further insights into the company’s plans and expectations moving forward. Participants are encouraged to dial in at 5:00 p.m. Eastern Time to hear directly from management about the current financial landscape and future strategies.
Senstar Technologies Corporation continues to safeguard people and properties globally, with a particular emphasis on utilities, logistics, correction facilities, and energy markets. The company’s innovative solutions are designed to reduce complexity and enhance performance across various sectors.
For more information, stakeholders can access the live webcast of the conference call or refer to the company’s official website.