Byrna Technologies Inc Financials
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).
Profitable growth is colliding with a working-capital build, turning strong margins into a cash-consuming FY2025.
FY2025 kept operating margin at10.0% , showing the core product economics stayed favorable as the business scaled. But earnings quality weakened: operating cash flow fell to-$1.6M while inventory climbed to$32.7M , meaning growth required upfront cash instead of releasing it.
Gross margin held above
The balance sheet still looks self-funded: total liabilities were only
Financial Health Signals
Scored against emerging companies for FY2025. Each of the six dimensions is a percentile rank within that peer group; the overall is their average, with missing dimensions counted as zero out of six. A high score means strong standing among peers, not absolute cross-industry strength. How this score is calculated →
Health score ≠ stock price. This rates the quality of Byrna Technologies Inc's business: profitability, growth, balance sheet strength. It doesn't tell you whether the stock is a good buy at today's price. Not financial advice. Use it alongside valuation analysis and your own research.
Byrna Technologies Inc scores 4.61, well above the 2.99 safe threshold. The score is driven primarily by a large market capitalization ($89.4M) relative to total liabilities ($18.7M). This indicates low bankruptcy risk based on profitability, leverage, and asset efficiency.
Distress-screening estimate for non-financial companies. Not computed for banks or insurers, where the Altman model does not apply.
Byrna Technologies Inc passes 3 of 8 computable financial strength tests (1 of the nine could not be computed from available data). 1 of 4 profitability signals pass, 1 of 2 leverage/liquidity signals pass, 1 of 2 efficiency signals pass.
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
Earnings & Revenue
Byrna Technologies Inc generated $118.1M in revenue in fiscal year 2025. This represents an increase of 37.7% from the prior year.
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.
Byrna Technologies Inc reported $9.7M in net income in fiscal year 2025. This represents a decrease of 24.3% from the prior year.
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
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.
Byrna Technologies Inc held $13.7M in cash against $0 in long-term debt as of fiscal year 2025.
Byrna Technologies Inc had 23M shares outstanding in fiscal year 2025. This represents an increase of 0.1% from the prior year.
Margins & Returns
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.
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.
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.
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
Byrna Technologies Inc invested $300K in research and development in fiscal year 2025. This represents a decrease of 50.0% from the prior year.
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.
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 | Q2'26 | Q1'26 | Q4'25 | Q3'25 | Q2'25 | Q1'25 | Q4'24 | Q3'24 |
|---|---|---|---|---|---|---|---|---|
| Revenue | $16.4M-43.6% | $29.0M-17.6% | $35.2M+25.1% | $28.2M-1.1% | $28.5M+8.8% | $26.2M-6.4% | $28.0M+34.2% | $20.9M |
| Cost of Revenue | $14.6M+25.4% | $11.6M-17.9% | $14.2M+26.0% | $11.3M+2.9% | $10.9M+6.6% | $10.3M-1.5% | $10.4M+32.8% | $7.8M |
| Gross Profit | $1.8M-89.8% | $17.4M-17.4% | $21.1M+24.5% | $16.9M-3.7% | $17.6M+10.3% | $15.9M-9.3% | $17.6M+35.0% | $13.0M |
| 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 | -$12.8M-1484.3% | $928K-76.5% | $4.0M+38.1% | $2.9M-13.9% | $3.3M+96.1% | $1.7M-58.6% | $4.1M+394.4% | $828K |
| Interest Expense | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Income Tax | -$2.7M-66450.0% | -$4K-101.0% | $388K-38.2% | $628K-30.1% | $898K+541.4% | $140K+102.5% | -$5.6M-7121.8% | -$78K |
| Net Income | -$10.1M-1359.4% | $801K-76.2% | $3.4M+50.5% | $2.2M-7.9% | $2.4M+46.0% | $1.7M-82.8% | $9.7M+843.7% | $1.0M |
| EPS (Diluted) | $-0.44-1566.7% | $0.03 | N/A | $0.09-10.0% | $0.10+42.9% | $0.07 | N/A | $0.04 |
BYRN Balance Sheet
| Metric | Q2'26 | Q1'26 | Q4'25 | Q3'25 | Q2'25 | Q1'25 | Q4'24 | Q3'24 |
|---|---|---|---|---|---|---|---|---|
| Total Assets | $68.4M-14.4% | $79.9M-5.4% | $84.5M+7.5% | $78.6M | N/A | $77.5M+7.7% | $71.9M+21.9% | $59.0M |
| Current Assets | $49.3M-16.9% | $59.3M-6.8% | $63.7M+11.0% | $57.4M | N/A | $55.7M+9.4% | $51.0M+15.9% | $44.0M |
| Cash & Equivalents | $9.4M+26.6% | $7.5M-45.7% | $13.7M+111.3% | $6.5M | N/A | $7.0M-58.4% | $16.8M-16.2% | $20.1M |
| Inventory | $30.4M-8.0% | $33.1M+1.2% | $32.7M-4.1% | $34.1M+5.6% | $32.3M0.0% | $32.3M+61.7% | $20.0M+0.9% | $19.8M |
| Accounts Receivable | $4.4M-61.6% | $11.6M+6.7% | $10.8M+22.2% | $8.9M+36.5% | $6.5M-0.6% | $6.5M+151.4% | $2.6M+22.2% | $2.1M |
| Goodwill | $2.3M0.0% | $2.3M0.0% | $2.3M0.0% | $2.3M | N/A | $2.3M0.0% | $2.3M0.0% | $2.3M |
| Total Liabilities | $11.4M-14.7% | $13.4M-28.4% | $18.7M+21.5% | $15.4M | N/A | $17.3M-1.4% | $17.6M+21.3% | $14.5M |
| Current Liabilities | $10.1M-15.3% | $12.0M-30.0% | $17.1M+25.5% | $13.6M | N/A | $15.4M-0.5% | $15.4M+23.1% | $12.5M |
| Long-Term Debt | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Total Equity | $57.0M-14.3% | $66.5M+1.1% | $65.8M+4.1% | $63.1M+5.0% | $60.1M0.0% | $60.1M+10.6% | $54.4M+22.1% | $44.5M |
| Retained Earnings | -$56.4M-21.8% | -$46.3M+1.7% | -$47.1M+6.7% | -$50.5M+4.3% | -$52.7M0.0% | -$52.7M+7.2% | -$56.8M+14.6% | -$66.5M |
BYRN Cash Flow Statement
| Metric | Q2'26 | Q1'26 | Q4'25 | Q3'25 | Q2'25 | Q1'25 | Q4'24 | Q3'24 |
|---|---|---|---|---|---|---|---|---|
| Operating Cash Flow | $1.4M+131.4% | -$4.4M-144.5% | $9.9M+537.9% | -$2.3M+58.4% | -$5.5M-44.5% | -$3.8M-152.0% | $7.3M+620.1% | -$1.4M |
| Capital Expenditures | $514K-17.2% | $621K-65.4% | $1.8M-20.3% | $2.2M+139.5% | $939K-64.5% | $2.6M+173.8% | $965K+40.1% | $689K |
| Free Cash Flow | $876K+117.4% | -$5.0M-162.0% | $8.1M+280.2% | -$4.5M+29.4% | -$6.4M+0.3% | -$6.4M-202.0% | $6.3M+401.9% | -$2.1M |
| Investing Cash Flow | $236K+138.0% | -$621K+40.4% | -$1.0M-188.8% | $1.2M-75.1% | $4.7M+188.9% | -$5.3M+46.2% | -$9.8M-1328.9% | -$689K |
| Financing Cash Flow | -$159K+83.4% | -$960K+32.9% | -$1.4M-23950.0% | $6K-91.0% | $67K+157.7% | $26K+104.1% | -$628K+79.1% | -$3.0M |
| Dividends Paid | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Share Buybacks | $0-100.0% | $953K-9.0% | $1.0M | $0-100.0% | $55K | $0-100.0% | $506K-83.1% | $3.0M |
BYRN Financial Ratios
| Metric | Q2'26 | Q1'26 | Q4'25 | Q3'25 | Q2'25 | Q1'25 | Q4'24 | Q3'24 |
|---|---|---|---|---|---|---|---|---|
| Gross Margin | 10.9%-49.0pp | 59.9%+0.1pp | 59.8%-0.3pp | 60.1%-1.6pp | 61.6%+0.8pp | 60.8%-2.0pp | 62.8%+0.4pp | 62.4% |
| Operating Margin | -78.4%-81.6pp | 3.2%-8.0pp | 11.2%+1.1pp | 10.2%-1.5pp | 11.7%+5.2pp | 6.5%-8.2pp | 14.6%+10.7pp | 4.0% |
| Net Margin | -61.6%-64.3pp | 2.8%-6.8pp | 9.5%+1.6pp | 7.9%-0.6pp | 8.5%+2.2pp | 6.3%-28.2pp | 34.6%+29.6pp | 4.9% |
| Return on Equity | -17.7%-18.9pp | 1.2%-3.9pp | 5.1%+1.6pp | 3.5%-0.5pp | 4.0%+1.3pp | 2.8%-15.0pp | 17.8%+15.5pp | 2.3% |
| Return on Assets | -14.7%-15.7pp | 1.0%-3.0pp | 4.0%+1.1pp | 2.8% | N/A | 2.1%-11.3pp | 13.5%+11.7pp | 1.7% |
| Current Ratio | 4.86-0.1 | 4.96+1.2 | 3.73-0.5 | 4.21 | N/A | 3.63+0.3 | 3.30-0.2 | 3.51 |
| Debt-to-Equity | 0.200.0 | 0.20-0.1 | 0.28+0.0 | 0.24 | N/A | 0.29-0.0 | 0.320.0 | 0.32 |
| FCF Margin | 5.3%+22.7pp | -17.4%-40.5pp | 23.1%+39.1pp | -16.0%+6.4pp | -22.4%+2.1pp | -24.5%-47.0pp | 22.5%+32.5pp | -10.0% |
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Frequently Asked Questions
What is Byrna Technologies Inc's annual revenue?
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.
How fast is Byrna Technologies Inc's revenue growing?
Byrna Technologies Inc (BYRN) revenue grew by 37.7% year-over-year, from $85.8M to $118.1M in fiscal year 2025.
Is Byrna Technologies Inc profitable?
Yes, Byrna Technologies Inc (BYRN) reported a net income of $9.7M in fiscal year 2025, with a net profit margin of 8.2%.
What is Byrna Technologies Inc's EBITDA?
Byrna Technologies Inc (BYRN) had EBITDA of $14.0M in fiscal year 2025, measuring earnings before interest, taxes, depreciation, and amortization.
What is Byrna Technologies Inc's gross margin?
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.
What is Byrna Technologies Inc's operating margin?
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.
What is Byrna Technologies Inc's net profit margin?
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.
What is Byrna Technologies Inc's return on equity (ROE)?
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.
What is Byrna Technologies Inc's free cash flow?
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.
What is Byrna Technologies Inc's operating cash flow?
Byrna Technologies Inc (BYRN) generated -$1.6M in operating cash flow during fiscal year 2025, representing cash generated from core business activities.
What are Byrna Technologies Inc's total assets?
Byrna Technologies Inc (BYRN) had $84.5M in total assets as of fiscal year 2025, including both current and long-term assets.
What are Byrna Technologies Inc's capital expenditures?
Byrna Technologies Inc (BYRN) invested $7.6M in capital expenditures during fiscal year 2025, funding long-term assets and infrastructure.
How much does Byrna Technologies Inc spend on research and development?
Byrna Technologies Inc (BYRN) invested $300K in research and development during fiscal year 2025.
What is Byrna Technologies Inc's current ratio?
Byrna Technologies Inc (BYRN) had a current ratio of 3.73 as of fiscal year 2025, which is generally considered healthy.
What is Byrna Technologies Inc's debt-to-equity ratio?
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.
What is Byrna Technologies Inc's return on assets (ROA)?
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.
What is Byrna Technologies Inc's cash runway?
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.
What is Byrna Technologies Inc's Altman Z-Score?
Byrna Technologies Inc (BYRN) has an Altman Z-Score of 4.61, 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.
What is Byrna Technologies Inc's Piotroski F-Score?
Byrna Technologies Inc (BYRN) has a Piotroski F-Score of 3 out of 8 computable signals; 1 of the nine could not be computed from available data, so the full-scale strength rating is not shown. 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 to 9 indicate strong and improving fundamentals. Learn more in our complete guide to financial health indicators.
Are Byrna Technologies Inc's earnings high quality?
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.
How financially healthy is Byrna Technologies Inc?
Byrna Technologies Inc (BYRN) scores 51 out of 100 on our Financial Health Score, indicating moderate standing within its emerging companies peer group. The score is a 0-100 composite of six dimensions (Cash Runway, Dilution, R&D Intensity, Revenue Progress, Burn Trend, Balance Sheet), each ranked as a percentile relative to companies in the same scoring family (banks against banks, REITs against REITs, and so on) rather than across all industries. It rates the quality of the business, not whether the stock is fairly priced, and is not financial advice. Learn more in our complete guide to financial health indicators.