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Byrna Technologies Inc Financials

BYRN
Source SEC Filings (10-K/10-Q) Updated Nov 30, 2025 Currency USD FYE November

This page shows Byrna Technologies Inc (BYRN) financial statements, including the income statement, balance sheet, cash flow statement, and key financial ratios. View 14 years of annual fundamentals and quarterly data, with year-over-year growth rates and compound annual growth rates (CAGR). All figures are derived from SEC filings (10-K and 10-Q reports).

Financial Health Signals

Profitability Growth Leverage Liquidity Cash Flow Returns 60 / 100
Financial Profile 60/100

Based on FY2025 annual data. Scores normalized against common benchmarks. How we calculate these scores

Profitability
44

Byrna Technologies Inc has an operating margin of 10.0%, meaning the company retains $10 of operating profit per $100 of revenue. This results in a moderate score of 44/100, indicating healthy but not exceptional operating efficiency. This is up from 7.8% the prior year.

Growth
96

Byrna Technologies Inc's revenue surged 37.7% year-over-year to $118.1M, reflecting rapid business expansion. This strong growth earns a score of 96/100.

Leverage
96

Byrna Technologies Inc carries a low D/E ratio of 0.28, meaning only $0.28 of long-term debt for every $1 of shareholders' equity. This conservative leverage earns a score of 96/100, indicating a strong balance sheet with room for future borrowing.

Liquidity
73

With a current ratio of 3.73, Byrna Technologies Inc holds $3.73 in current assets for every $1 of short-term obligations. This comfortable liquidity earns a score of 73/100.

Cash Flow
6

While Byrna Technologies Inc generated -$1.6M in operating cash flow, capex of $7.6M consumed most of it, leaving -$9.2M in free cash flow. This results in a low score of 6/100, reflecting heavy capital investment rather than weak cash generation.

Returns
44

Byrna Technologies Inc's ROE of 14.7% shows moderate profitability relative to equity, earning a score of 44/100. This is down from 23.5% the prior year.

Altman Z-Score Safe
8.31

Byrna Technologies Inc scores 8.31, well above the 2.99 safe threshold. The score is driven primarily by a large market capitalization ($205.1M) relative to total liabilities ($18.7M). This indicates low bankruptcy risk based on profitability, leverage, and asset efficiency.

Piotroski F-Score Weak
3/9

Byrna Technologies Inc passes 3 of 9 financial strength tests. 1 of 4 profitability signals pass, 1 of 3 leverage/liquidity signals pass, 1 of 2 efficiency signals pass.

Earnings Quality Low Quality
-0.16x

For every $1 of reported earnings, Byrna Technologies Inc generates $-0.16 in operating cash flow (-$1.6M OCF vs $9.7M net income). This low ratio suggests earnings are primarily driven by accounting accruals rather than cash generation, which may not be sustainable.

Key Financial Metrics

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Earnings & Revenue

Revenue
$118.1M
YoY+37.7%
5Y CAGR+48.1%
10Y CAGR+94.7%

Byrna Technologies Inc generated $118.1M in revenue in fiscal year 2025. This represents an increase of 37.7% from the prior year.

EBITDA
$14.0M
YoY+71.0%

Byrna Technologies Inc's EBITDA was $14.0M in fiscal year 2025, measuring earnings before interest, taxes, depreciation, and amortization. This represents an increase of 71.0% from the prior year.

Net Income
$9.7M
YoY-24.3%

Byrna Technologies Inc reported $9.7M in net income in fiscal year 2025. This represents a decrease of 24.3% from the prior year.

EPS (Diluted)
$0.40
YoY-27.3%

Byrna Technologies Inc earned $0.40 per diluted share (EPS) in fiscal year 2025. This represents a decrease of 27.3% from the prior year.

Cash & Balance Sheet

Free Cash Flow
-$9.2M
YoY-197.9%

Byrna Technologies Inc generated -$9.2M in free cash flow in fiscal year 2025, representing cash available after capex. This represents a decrease of 197.9% from the prior year.

Cash & Debt
$13.7M
YoY-18.4%
5Y CAGR+34.0%
10Y CAGR+22.2%

Byrna Technologies Inc held $13.7M in cash against $0 in long-term debt as of fiscal year 2025.

Dividends Per Share
N/A
Shares Outstanding
23M
YoY+0.1%
5Y CAGR+8.8%
10Y CAGR-8.4%

Byrna Technologies Inc had 23M shares outstanding in fiscal year 2025. This represents an increase of 0.1% from the prior year.

Margins & Returns

Gross Margin
60.5%
YoY-1.0pp
5Y CAGR+15.2pp
10Y CAGR+37.3pp

Byrna Technologies Inc's gross margin was 60.5% in fiscal year 2025, indicating the percentage of revenue retained after direct costs. This is down 1.0 percentage points from the prior year.

Operating Margin
10.0%
YoY+2.2pp
5Y CAGR+36.0pp
10Y CAGR+1426.9pp

Byrna Technologies Inc's operating margin was 10.0% in fiscal year 2025, reflecting core business profitability. This is up 2.2 percentage points from the prior year.

Net Margin
8.2%
YoY-6.7pp
5Y CAGR+84.0pp
10Y CAGR+1578.3pp

Byrna Technologies Inc's net profit margin was 8.2% in fiscal year 2025, showing the share of revenue converted to profit. This is down 6.7 percentage points from the prior year.

Return on Equity
14.7%
YoY-8.8pp
5Y CAGR+164.0pp
10Y CAGR+306.3pp

Byrna Technologies Inc's ROE was 14.7% in fiscal year 2025, measuring profit generated per dollar of shareholder equity. This is down 8.8 percentage points from the prior year.

Capital Allocation

R&D Spending
$300K
YoY-50.0%
5Y CAGR+49.6%

Byrna Technologies Inc invested $300K in research and development in fiscal year 2025. This represents a decrease of 50.0% from the prior year.

Share Buybacks
$1.1M
YoY-70.6%

Byrna Technologies Inc spent $1.1M on share buybacks in fiscal year 2025, returning capital to shareholders by reducing shares outstanding. This represents a decrease of 70.6% from the prior year.

Capital Expenditures
$7.6M
YoY+224.8%
5Y CAGR+39.8%

Byrna Technologies Inc invested $7.6M in capex in fiscal year 2025, funding long-term assets and infrastructure. This represents an increase of 224.8% from the prior year.

BYRN Income Statement

Metric Q4'25 Q3'25 Q2'25 Q1'25 Q4'24 Q3'24 Q2'24 Q1'24
Revenue $35.2M+25.1% $28.2M-1.1% $28.5M+8.8% $26.2M-6.4% $28.0M+34.2% $20.9M+2.9% $20.3M+21.7% $16.7M
Cost of Revenue $14.2M+26.0% $11.3M+2.9% $10.9M+6.6% $10.3M-1.5% $10.4M+32.8% $7.8M+1.7% $7.7M+9.9% $7.0M
Gross Profit $21.1M+24.5% $16.9M-3.7% $17.6M+10.3% $15.9M-9.3% $17.6M+35.0% $13.0M+3.6% $12.6M+30.3% $9.6M
R&D Expenses N/A N/A N/A N/A N/A N/A N/A N/A
SG&A Expenses N/A N/A N/A N/A N/A N/A N/A N/A
Operating Income $4.0M+38.1% $2.9M-13.9% $3.3M+96.1% $1.7M-58.6% $4.1M+394.4% $828K-56.7% $1.9M+1266.5% -$164K
Interest Expense N/A N/A N/A N/A N/A N/A N/A N/A
Income Tax $388K-38.2% $628K-30.1% $898K+541.4% $140K+102.5% -$5.6M-7121.8% -$78K-2700.0% $3K $0
Net Income $3.4M+50.5% $2.2M-7.9% $2.4M+46.0% $1.7M-82.8% $9.7M+843.7% $1.0M-50.6% $2.1M+12117.6% $17K
EPS (Diluted) N/A $0.09-10.0% $0.10+42.9% $0.07 N/A $0.04-55.6% $0.09 $0.00

BYRN Balance Sheet

Metric Q4'25 Q3'25 Q2'25 Q1'25 Q4'24 Q3'24 Q2'24 Q1'24
Total Assets $84.5M+7.5% $78.6M N/A $77.5M+7.7% $71.9M+21.9% $59.0M+2.6% $57.5M+9.1% $52.7M
Current Assets $63.7M+11.0% $57.4M N/A $55.7M+9.4% $51.0M+15.9% $44.0M+0.6% $43.7M+12.1% $39.0M
Cash & Equivalents $13.7M+111.3% $6.5M N/A $7.0M-58.4% $16.8M-16.2% $20.1M-19.0% $24.8M+2.5% $24.2M
Inventory $32.7M-4.1% $34.1M+5.6% $32.3M0.0% $32.3M+61.7% $20.0M+0.9% $19.8M+27.7% $15.5M+27.8% $12.1M
Accounts Receivable $10.8M+22.2% $8.9M+36.5% $6.5M-0.6% $6.5M+148.5% $2.6M+23.6% $2.1M+30.2% $1.6M+6.4% $1.5M
Goodwill $2.3M0.0% $2.3M N/A $2.3M0.0% $2.3M0.0% $2.3M-0.3% $2.3M+0.3% $2.3M
Total Liabilities $18.7M+21.5% $15.4M N/A $17.3M-1.4% $17.6M+21.3% $14.5M+18.5% $12.2M+27.5% $9.6M
Current Liabilities $17.1M+25.5% $13.6M N/A $15.4M-0.5% $15.4M+23.1% $12.5M+12.3% $11.2M+33.5% $8.4M
Long-Term Debt N/A N/A N/A N/A N/A N/A N/A N/A
Total Equity $65.8M+4.1% $63.1M+5.0% $60.1M0.0% $60.1M+10.6% $54.4M+22.1% $44.5M-1.7% $45.3M+5.0% $43.2M
Retained Earnings -$47.1M+6.7% -$50.5M+4.3% -$52.7M0.0% -$52.7M+7.2% -$56.8M+14.6% -$66.5M+1.5% -$67.5M+3.0% -$69.6M

BYRN Cash Flow Statement

Metric Q4'25 Q3'25 Q2'25 Q1'25 Q4'24 Q3'24 Q2'24 Q1'24
Operating Cash Flow $9.9M+537.9% -$2.3M+58.4% -$5.5M-44.5% -$3.8M-152.0% $7.3M+620.1% -$1.4M-172.2% $1.9M-51.0% $3.9M
Capital Expenditures $1.8M-20.3% $2.2M+139.5% $939K-64.5% $2.6M+173.8% $965K+40.1% $689K+32.0% $522K+205.3% $171K
Free Cash Flow $8.1M+280.2% -$4.5M+29.4% -$6.4M+0.3% -$6.4M-202.0% $6.3M+401.9% -$2.1M-247.8% $1.4M-62.6% $3.8M
Investing Cash Flow -$1.0M-188.8% $1.2M-75.1% $4.7M+188.9% -$5.3M+46.2% -$9.8M-1328.9% -$689K-32.0% -$522K-205.3% -$171K
Financing Cash Flow -$1.4M-23950.0% $6K-91.0% $67K+157.7% $26K+104.1% -$628K+79.1% -$3.0M-220.7% -$935K-9450.0% $10K
Dividends Paid N/A N/A N/A N/A N/A N/A N/A N/A
Share Buybacks $1.0M $0 N/A N/A $506K-83.1% $3.0M N/A N/A

BYRN Financial Ratios

Metric Q4'25 Q3'25 Q2'25 Q1'25 Q4'24 Q3'24 Q2'24 Q1'24
Gross Margin 59.8%-0.3pp 60.1%-1.6pp 61.6%+0.8pp 60.8%-2.0pp 62.8%+0.4pp 62.4%+0.4pp 62.0%+4.1pp 57.9%
Operating Margin 11.2%+1.1pp 10.2%-1.5pp 11.7%+5.2pp 6.5%-8.2pp 14.6%+10.7pp 4.0%-5.5pp 9.4%+10.4pp -1.0%
Net Margin 9.5%+1.6pp 7.9%-0.6pp 8.5%+2.2pp 6.3%-28.2pp 34.6%+29.6pp 4.9%-5.3pp 10.3%+10.1pp 0.1%
Return on Equity 5.1%+1.6pp 3.5%-0.5pp 4.0%+1.3pp 2.8%-15.0pp 17.8%+15.5pp 2.3%-2.3pp 4.6%+4.5pp 0.0%
Return on Assets 4.0%+1.1pp 2.8% N/A 2.1%-11.3pp 13.5%+11.7pp 1.7%-1.9pp 3.6%+3.6pp 0.0%
Current Ratio 3.73-0.5 4.21 N/A 3.63+0.3 3.30-0.2 3.51-0.4 3.91-0.7 4.66
Debt-to-Equity 0.28+0.0 0.24 N/A 0.29-0.0 0.320.0 0.32+0.1 0.27+0.0 0.22
FCF Margin 23.1%+39.1pp -16.0%+6.4pp -22.4%+2.1pp -24.5%-47.0pp 22.5%+32.5pp -10.0%-17.0pp 7.0%-15.7pp 22.6%

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Frequently Asked Questions

Byrna Technologies Inc (BYRN) reported $118.1M in total revenue for fiscal year 2025. This represents a 37.7% change compared to the previous fiscal year. Revenue measures the total income earned from the company's primary business operations before any expenses are deducted.

Byrna Technologies Inc (BYRN) revenue grew by 37.7% year-over-year, from $85.8M to $118.1M in fiscal year 2025.

Yes, Byrna Technologies Inc (BYRN) reported a net income of $9.7M in fiscal year 2025, with a net profit margin of 8.2%.

Byrna Technologies Inc (BYRN) reported diluted earnings per share of $0.40 for fiscal year 2025. This represents a -27.3% change compared to the previous fiscal year. EPS represents the portion of a company's net income allocated to each outstanding share of common stock and is widely used to evaluate profitability on a per-share basis.

Byrna Technologies Inc (BYRN) had EBITDA of $14.0M in fiscal year 2025, measuring earnings before interest, taxes, depreciation, and amortization.

Byrna Technologies Inc (BYRN) had a gross margin of 60.5% in fiscal year 2025, indicating the percentage of revenue retained after direct costs of goods sold.

Byrna Technologies Inc (BYRN) had an operating margin of 10.0% in fiscal year 2025, reflecting the profitability of core business operations before interest and taxes.

Byrna Technologies Inc (BYRN) had a net profit margin of 8.2% in fiscal year 2025, representing the share of revenue converted into profit after all expenses.

Byrna Technologies Inc (BYRN) has a return on equity of 14.7% for fiscal year 2025, measuring how efficiently the company generates profit from shareholder equity.

Byrna Technologies Inc (BYRN) generated -$9.2M in free cash flow during fiscal year 2025. This represents a -197.9% change compared to the previous fiscal year. Free cash flow represents the cash a company generates after accounting for capital expenditures, and is widely used to assess financial flexibility and shareholder value.

Byrna Technologies Inc (BYRN) generated -$1.6M in operating cash flow during fiscal year 2025, representing cash generated from core business activities.

Byrna Technologies Inc (BYRN) had $84.5M in total assets as of fiscal year 2025, including both current and long-term assets.

Byrna Technologies Inc (BYRN) invested $7.6M in capital expenditures during fiscal year 2025, funding long-term assets and infrastructure.

Byrna Technologies Inc (BYRN) invested $300K in research and development during fiscal year 2025.

Yes, Byrna Technologies Inc (BYRN) spent $1.1M on share buybacks during fiscal year 2025, returning capital to shareholders by reducing shares outstanding.

Byrna Technologies Inc (BYRN) had 23M shares outstanding as of fiscal year 2025.

Byrna Technologies Inc (BYRN) had a current ratio of 3.73 as of fiscal year 2025, which is generally considered healthy.

Byrna Technologies Inc (BYRN) had a debt-to-equity ratio of 0.28 as of fiscal year 2025, measuring the company's financial leverage by comparing total debt to shareholder equity.

Byrna Technologies Inc (BYRN) had a return on assets of 11.5% for fiscal year 2025, measuring how efficiently the company uses its assets to generate profit.

Based on fiscal year 2025 data, Byrna Technologies Inc (BYRN) had $13.7M in cash against an annual operating cash burn of $1.6M. This gives an estimated cash runway of approximately 105 months at the current burn rate. Cash runway measures how long a company can continue operating before running out of cash, assuming no additional funding.

Byrna Technologies Inc (BYRN) has an Altman Z-Score of 8.31, placing it in the Safe Zone (low bankruptcy risk). The Z-Score combines five financial ratios—working capital, retained earnings, EBIT, market capitalization, and revenue relative to total assets—to predict the likelihood of bankruptcy. Scores above 2.99 indicate financial safety while scores below 1.81 suggest financial distress. Learn more in our complete guide to financial health indicators.

Byrna Technologies Inc (BYRN) has a Piotroski F-Score of 3 out of 9, indicating weak financial health. The F-Score evaluates nine binary signals across profitability (positive ROA, positive cash flow, improving ROA, earnings quality), leverage (decreasing debt, improving liquidity, no share dilution), and operating efficiency (improving gross margin, improving asset turnover). Scores of 7–9 indicate strong and improving fundamentals. Learn more in our complete guide to financial health indicators.

Byrna Technologies Inc (BYRN) has an earnings quality ratio of -0.16x, considered low quality (accrual-driven). This ratio compares operating cash flow to net income. A ratio above 1.0x means the company generates more cash than its reported earnings, indicating sustainable, cash-backed profits. Ratios below 1.0x suggest earnings rely on accounting accruals rather than actual cash generation. Learn more in our complete guide to financial health indicators.

Byrna Technologies Inc (BYRN) scores 60 out of 100 on our Financial Profile, indicating moderate overall financial health. This composite score evaluates six dimensions: profitability (operating margin), revenue growth, leverage (debt-to-equity), liquidity (current ratio), cash flow quality (free cash flow margin), and shareholder returns (return on equity). Each dimension is normalized against standard financial benchmarks. Learn more in our complete guide to financial health indicators.

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