Byrna Technologies Inc.
BYRN · Price history
Price at last available close
$4.73
+$1.36 (+40.36%) 1M
2026-10-27
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Company & revenue
About Byrna Technologies Inc.
Primary reporting period: 2025-11-30 · Research updated Oct 12, 2026. A research update is not a new financial filing.
Who they are
Byrna Technologies Inc. (BYRN) specializes in less-lethal defense technology, focusing on the creation and manufacturing of non-lethal munitions and associated security equipment. The company's primary offerings include a line of Byrna-branded handheld personal protection instruments, such as the Byrna SD and Byrna SD . 68 caliber models, which are specifically designed for both civilians and private security professionals.
How they make money
Byrna Technologies Inc. designs, manufactures, and sells less-lethal self-defense products, including CO2-powered launchers and chemical irritant projectiles. The company generates revenue primarily through direct-to-consumer e-commerce sales, retail partnerships, and sales to law enforcement and private security agencies.
Products & services
Handheld and shoulder-fired less-lethal launchers, .68 and .61 caliber kinetic and chemical irritant projectiles, and related self-defense accessories.
Brands & revenue mix
Primary brand for handheld and shoulder-fired less-lethal launchers and projectiles.
Separate brand revenue is not available in this research.Source
Revenue share is not unit sales or a best-seller ranking. Parent brands and included sub-brands can overlap; do not add overlapping rows.
Product / operating segments
Geographic revenue
No reconciled geographic revenue breakdown was confirmed for the current research period.
Customer concentration
No quantified customer-concentration disclosure is available in the current saved research.
Suppliers, materials & equipment
- Contract Manufacturers — The company utilizes third-party contract manufacturers for the production of certain components and finished goods.Source
Strengths
Financial risk observations and what to check
These are saved observations about business performance, not predictions. Review the company filings alongside the interpretation below. Latest stored financial period end: 2026-08-31.
Quarterly revenue fell 45.7% versus the same quarter last year.
Check comparable business scope and currency, then separate volume, pricing and divestitures. One weaker quarter does not establish that the same decline will continue.
Quarterly EPS turned negative at -0.13 versus 0.09 a year earlier.
Separate recurring operating losses from noncash or one-time charges, and check cash flow rather than interpreting negative EPS as a cash-outflow amount.
Quarterly net income turned from a profit to a loss versus the same quarter last year.
Identify the causes in the interim report and distinguish operating cash use from accounting charges. Prior profitability is not a guarantee of recovery.
Wall Street Score
Overall investment score · Quality, value, risk and opportunity
35
Poor
View category scores →
Company Quality
How good is the actual business—regardless of today’s stock price?
44
Weak
Financial Strength
38
Business Quality / Moat
59
Management
60
Growth Quality
21
Risk / Durability
30
Uses financial strength, moat, management, growth quality and durability. It excludes share price, P/E, market cap, intrinsic value and margin of safety.
Opportunity
Opportunity Score · How does the current price compare with estimated value?
27
Avoid
Based on current valuation, company quality, recent trends, and available market signals.
View score details →
Model Outlook
12-month model · What does the model think happens next?
34/100
Building Historical Record
Model Score 34/100 — estimates relative performance potential, distinct from the overall Wall Street Score and the separate Company Quality score.
Probability unavailable — the model has not produced a calibrated probability yet.
Click for full breakdown →
WSS View
The quick read
The overall Wall Street Score is low across its combined quality, valuation and risk inputs. This can reflect an expensive share price, business weaknesses, or both; check Company Quality and the category breakdown before drawing a conclusion.
At today’s price, the WSS valuation framework currently reads as less attractive based on the available valuation and market data.
The model outlook is currently cautious.
- •Insider activity signal is favorable
- •Recent buyback activity is present
- •Valuation is a weaker part of the current profile
- •Revenue fundamentals are weak
- •Debt / balance-sheet profile needs attention
Company-specific research
Questions worth answering for BYRN
These questions are generated from this company's current financial and score data so the page adds context instead of treating the headline score as a stand-alone conclusion.
- •What is driving BYRN's revenue decline, and does the latest company filing suggest the weakness is temporary or structural?
- •How long can BYRN fund negative free cash flow using its current cash position before it may need more debt or new shares?
- •How is BYRN likely to use its cash advantage: reinvestment, acquisitions, debt reduction, dividends or buybacks?
- •What specifically needs to improve for BYRN to reach sustainable profitability?
- •What future growth or profitability would be needed to justify BYRN's current valuation?
Essential Investment Snapshot
Wall Street Score
35
Opportunity Score
27
Market Cap
$110.7M
P/E Ratio
-12.7
EPS
$-0.38
52-Week High
$21.97
52-Week Low
$3.17
Beta
1.69
Analyst Target
$4.00
Shares Outstanding
24.1M
Total Revenue
$96.0M
Total Debt
$1.2M
Dividend
No current dividend
Liquidation Value / Share
$2.28
Momentum & Volatility Signals
Two different market-behavior signals. Momentum measures direction and trend strength. Volatility measures how large and unstable the price moves are, regardless of direction.
Building upward momentum
Elevated movement
A high momentum score means price has been trending upward with confirming short- and medium-term strength. A low score means downward or weakening momentum.
A high volatility score means larger, less stable price swings. It can happen while a stock is rising or falling, so high volatility is not automatically bullish or bearish.
Important: the volatility score above is based on realized price volatility. Implied volatility (IV) comes from options prices and represents the market's expected future movement. Wall Street Score will keep IV separate and will only display it when a verified options-chain feed is available.
Notices for BYRN
Detected from reported data — verify before acting.Historical repurchase activity
Reported cash flows or share-count measures indicate past repurchase activity. This does not verify an active buyback authorization or future purchases.
Community Sentiment
0 active · 0 total callsNo personal call yet on BYRN.
Potential upside factors
- +Growth opportunities may come from revenue expansion, margin improvement, new products, market-share gains, and stronger cash flow.
- +Proprietary less-lethal technology and intellectual property portfolio.
- +Vertically integrated manufacturing capabilities in the United States.
Potential downside factors
- −Key risks may include competition, margin pressure, debt levels, valuation risk, and changes in demand within the Aerospace & Defense industry.
- −Dependence on third-party suppliers and contract manufacturers.
- −Regulatory risks associated with the sale and use of less-lethal devices.
- −Negative free cash flow may increase the need for outside financing and dilution.
These research factors come from saved company research and financial data, not community votes. They are starting points to verify against filings, not buy or sell recommendations.
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Scores
Click any score for full breakdownWas this stock page easy to understand?
One click helps us improve the research experience. This is not tied to an investment decision.
Score Changes
8 historical score records availablePrevious Score
35
Oct 9, 2026
Change
-0.1
points
Current Score
35
Oct 23, 2026
Category Changes
BYRN decreased 0.1 points because some fundamentals weakened.
Projected Score
Projected Score
26
Projected Change
-8.8 points
Preliminary comparable-period financial changes suggest decline of approximately 8.8 points. This is a projected estimate, not the official WallStreetScore.
Price vs. Value
Valuation unavailableCurrent Price
$4.73
Model Intrinsic Value
—
Difference
—
Margin of Safety
—
Intrinsic value is not currently available for this stock, so valuation can't be calculated.
Financial Charts
Revenue
Additional Metrics
Operating Cash Flow
Total Debt
Total Assets
Net Margin %
Free includes 3 annual periods plus available TTM; Premium includes up to 10 annual periods. History depends on available company filings. Swipe the table horizontally to see older periods. A dash means unavailable, not zero.
| Line Item | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $96.0M | $118.1M | $85.8M | $42.6M | ···· | ···· | ···· | ···· | ···· | ···· | ···· |
| Cost of Revenue | $43.6M | $46.6M | $33.0M | $19.0M | ···· | ···· | ···· | ···· | ···· | ···· | ···· |
| Gross Profit | $52.4M | $71.5M | $52.8M | $23.6M | ···· | ···· | ···· | ···· | ···· | ···· | ···· |
| Research & Development | $0.00 | $0.00 | $0.00 | $0.00 | ···· | ···· | ···· | ···· | ···· | ···· | ···· |
| SG&A Expenses | $0.00 | $0.00 | $0.00 | $0.00 | ···· | ···· | ···· | ···· | ···· | ···· | ···· |
| Operating Expenses | $62.4M | $59.6M | $46.1M | $31.4M | ···· | ···· | ···· | ···· | ···· | ···· | ···· |
| EBITDA | -$8.2M | $13.9M | $8.6M | -$6.8M | ···· | ···· | ···· | ···· | ···· | ···· | ···· |
| Operating Income | -$10.0M | $11.8M | $6.7M | -$7.8M | ···· | ···· | ···· | ···· | ···· | ···· | ···· |
| Interest Expense | $0.00 | $0.00 | $0.00 | $0.00 | ···· | ···· | ···· | ···· | ···· | ···· | ···· |
| Income Before Tax | -$11.1M | $11.7M | $7.1M | -$8.0M | ···· | ···· | ···· | ···· | ···· | ···· | ···· |
| Income Tax Expense | -$2.3M | $2.1M | -$5.7M | $165K | ···· | ···· | ···· | ···· | ···· | ···· | ···· |
| Net Income | -$8.8M | $9.7M | $12.8M | -$8.2M | ···· | ···· | ···· | ···· | ···· | ···· | ···· |
| Basic EPS | $-0.38 | $0.43 | $0.57 | $-0.37 | ···· | ···· | ···· | ···· | ···· | ···· | ···· |
| Basic Shares | 22.98M | 22.67M | 22.50M | 21.92M | ···· | ···· | ···· | ···· | ···· | ···· | ···· |
| Diluted Shares | 22.98M | 24.15M | 23.14M | 21.92M | ···· | ···· | ···· | ···· | ···· | ···· | ···· |
Earnings Summary
Revenue
$15.3M
Estimate unavailable.
Revenue Beat/Miss
Not available (no estimate stored)
EPS
-$0.13
Estimate unavailable.
EPS Beat/Miss
Not available (no estimate stored)
Debt Change
-49.1%
Cash Change
+29.6%
Margin Change
-27.0 pp
Debt and cash show percentage changes versus the comparison period; margin shows the change in percentage points (pp). These are company-wide changes, not per-share amounts.
Financial Changes Since Prior Period
What Improved
- Cash position grew
- Debt reduced
What Weakened
- Margins contracted
Potential Score Impact
Positive indicators included cash levels, debt levels. Pressure indicators included revenue growth, EPS growth, net income margin. These factors may support or pressure the Revenue, Management, Financial, and Debt categories; this summary does not claim that the stored scores changed.
Stored Earnings Analysis
Revenue declined 45.7%. EPS declined 240.2%. Cash increased 29.6%. Total debt declined 49.1%. Net income margin declined by 27.0 percentage points.
Earnings-Call Transcript
Earnings-call transcript analysis is not currently available.
These results may influence future scores when the next evaluation is completed.
Insider Activity
Guru / Smart Money
Guru Score
Smart Money
Number of Gurus
Total Guru Value
Avg Portfolio Weight
Largest Holder
Largest Holder %
New Positions
Increased Positions
Reduced Positions
Exited Positions
Net Guru Sentiment
Short Interest
Dividend History
Dividend data is not available yet. Missing data does not mean this company pays no dividend.
Conservative Projected Values
3 Years
$———.——
5 Years
$———.——
10 Years
$———.——
Conservative Projection Rate
——%
Conservative Projected Values — price projections derived from actual 10-year adjusted historical returns, conservatively adjusted and capped at 8% annually. These are distinct from the Outperformance Model Score and WallStreetScore.
Conservative Projected Values
Premium unlocks the 3-year, 5-year, and 10-year conservative projected values with full calculation breakdowns based on actual historical returns.
Start 7-Day Free TrialHistorical Outperformance Record
Premium includes stored forecasts and any available evaluated results. Completed results, win rates and calibrated probabilities are shown only when supported records exist; access does not create historical outcomes.
Start 7-Day Free TrialHistorical Trends
8 historical recordsHistorical Score Chart
3 of 8 records shownWall Street Score
Debt Score
Revenue Score
Asset Score
Capital Score
Management Score
Moat Score
Valuation Score
Buffett Score
Intrinsic Value
Value Reference
Margin of Safety %
Related Companies
Aerospace & DefenseNews
Byrna Technologies (NASDAQ:BYRN) Director Buys $47,700.00 in Stock
Insider Buying: Byrna Technologies (NASDAQ:BYRN) Director Buys $22,650.00 in Stock
Head-To-Head Review: EHang (NASDAQ:EH) and Byrna Technologies (NASDAQ:BYRN)
Byrna Technologies: Strong Gross Margins, Weak Demand, And Little To Celebrate
Rumor Mill · BYRN
Corporate developments & opportunities
No reviewed developments match this filter.
Evidence credibility is not a forecast of stock performance. Rumor Mill is separate from the WSS score.
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