Company Description
Byrna Technologies, Inc. (Nasdaq: BYRN) is a personal defense technology company that focuses on less-lethal personal security solutions. According to the company’s public disclosures and recent press releases, Byrna specializes in the development, manufacture, and sale of products designed to provide an effective means of defense without resorting to deadly force. The company is incorporated in Delaware and its principal executive offices are located in Andover, Massachusetts.
Byrna describes itself as a technology-driven business in the personal safety and security market. Its less-lethal launchers use kinetic and pepper projectiles that incapacitate threats through pain compliance and irritation, offering what the company characterizes as a middle ground between passive security measures and firearms. These products are marketed as personal security tools for individuals and as protective options for institutions that want to respond to threats while minimizing the risk of lethal outcomes.
Business focus and product approach
Company materials consistently refer to Byrna as a personal defense technology company and as a technology company specializing in less-lethal personal security solutions. Its business model centers on creating and manufacturing less-lethal launchers and related products, then distributing them through multiple channels. Byrna’s disclosures emphasize that its mission is to provide safe, effective, and accessible personal safety options that allow users to protect themselves and others without taking a life.
Byrna’s launchers are designed to incapacitate potential attackers using kinetic impact and chemical irritants rather than bullets. The company highlights that, in many cases, the visible presence of a Byrna device can deter an assailant before a projectile is fired. This focus on de‑escalation and harm reduction is a recurring theme in the company’s public statements.
Customer segments and use cases
Public information shows that Byrna serves a range of customer groups interested in non‑lethal protection. The company reports traction with houses of worship and schools, noting that churches, public school districts, and colleges have adopted Byrna’s less‑lethal tools as part of their security planning. Named examples in company communications include several independent school districts in Texas, colleges in Utah, California, and Texas, and churches in Texas and Arizona.
Byrna also references engagement with law enforcement, schools, and private security as a sales channel in its revenue breakdowns. In addition, the company notes that its products are sold through dealer and chain store networks, Byrna‑branded retail stores, and online channels. These disclosures indicate that Byrna addresses both institutional and consumer markets for personal security products.
Sales channels and geographic reach
Company press releases and SEC filings describe a multi‑channel distribution model. Byrna reports revenue from:
- Web and e‑commerce, including sales through its own website and activity on major online marketplaces.
- Byrna chain stores and dealers, reflecting sales through third‑party retailers and dealer networks.
- Byrna retail stores, which the company describes as brick‑and‑mortar locations where customers can experience products in person.
- Law enforcement / schools / private security, representing institutional buyers.
- International sales, indicating that Byrna’s products are purchased outside the United States.
In earlier descriptions, the company has stated that it generates revenue from the United States, South Africa, Europe, South America, Asia, and Canada. More recent disclosures emphasize international as a distinct revenue category, but do not break out specific countries in those releases.
Manufacturing and operations
Byrna’s proxy materials describe it as operating in the manufacturing sector and highlight its role in producing its own ammunition and launchers. The company reports that it has opened an ammunition manufacturing facility in Fort Wayne, Indiana, bringing manufacturing activities to the United States. It has also noted efforts to scale production through additional workers and shifts at this facility to respond to rising demand and to support future product lines.
Byrna’s operations include not only manufacturing but also marketing, distribution, and training support. The company collaborates with security training organizations to help institutions integrate less‑lethal tools into their safety programs, with an emphasis on situational awareness, de‑escalation, and less‑lethal response tactics.
Retail presence and brand visibility
Byrna reports an expanding brick‑and‑mortar presence, with products available in more than 1,000 retail locations nationwide according to recent company updates. It has also opened Byrna‑branded retail stores in several U.S. states, each described as including a shooting range to allow demonstrations of the launchers. The company states that its dealer and chain store channels, as well as its own stores, have contributed to revenue growth.
On the marketing side, Byrna has described a strategy that includes AI‑driven advertising campaigns, celebrity endorsements, and placements on broadcast and cable networks. The company reports that its proprietary AI‑based advertising process has increased web traffic and reduced customer acquisition costs. It also notes that its campaigns have led to higher web sessions on its own site and on major e‑commerce platforms.
Institutional partnerships and training
Byrna highlights partnerships with security training organizations such as Krisis, Inc. and the U.S. Concealed Carry Association (USCCA). These collaborations are described as focused on helping churches and schools develop responsible safety programs that incorporate less‑lethal tools. Company communications emphasize training on situational awareness, de‑escalation, and less‑lethal response tactics for security teams.
The company also notes participation in security conferences and church security events, where its national training team provides hands‑on instruction. These activities support the company’s positioning as a provider of tools and training that aim to balance preparedness with responsibility.
Academic and media recognition
Byrna reports that its products have been featured in national media and academic research. A Newsweek article highlighted the company’s role in the growing interest in less‑lethal protection options among churches and schools. In addition, Byrna was the exclusive non‑lethal firearm used in a study by researchers from Harvard University, Stanford University, and Harvard Business School examining attitudes toward lethal and non‑lethal personal defense.
According to the company’s summary of that study, exposure to Byrna’s technology increased respondents’ openness to non‑lethal devices and their willingness to consider substituting them for lethal firearms. The study is cited by Byrna as evidence of broader public interest in non‑lethal solutions and the potential demand for products that incapacitate without killing.
Corporate governance and public company status
Byrna is a publicly traded company listed on the Nasdaq Stock Market under the symbol BYRN. SEC filings show that it files current and periodic reports, including Forms 8‑K, a definitive proxy statement on Schedule 14A, and annual and quarterly reports. The company’s proxy materials describe a board of directors that includes independent members and multiple standing committees, such as audit, compensation, governance, and product safety committees.
The company has also adopted an executive severance plan for certain officers, as disclosed in a Form 8‑K, and regularly holds an annual meeting of stockholders where shareholders vote on director elections, auditor ratification, and advisory votes on executive compensation.
Less‑lethal personal defense positioning
Across its public communications, Byrna positions itself within the less‑lethal personal defense segment of the broader personal security and small arms–related market. While its industry classification references small arms ammunition manufacturing, the company’s own descriptions consistently emphasize non‑lethal or less‑lethal technology, personal safety, and harm‑reduction concepts. Its products are presented as tools for individuals, institutions, and security professionals who want to respond to threats with options that are designed to incapacitate rather than kill.
Stock Performance
Byrna Technologies (BYRN) stock last traded at $9.18, up 0.71% from the previous close. Over the past 12 months, the stock has lost 45.5%. At a market capitalization of $200.6M, BYRN is classified as a micro-cap stock with approximately 22.7M shares outstanding.
Latest News
Byrna Technologies has 10 recent news articles. Of the recent coverage, 3 articles coincided with positive price movement and 6 with negative movement. Key topics include earnings date, earnings. View all BYRN news →
SEC Filings
Byrna Technologies has filed 5 recent SEC filings, including 2 Form 8-K, 1 Form 4, 1 Form 10-K/A, 1 Form 4/A. The most recent filing was submitted on March 30, 2026. SEC filings provide transparency into a company's financial condition, material events, and regulatory compliance. View all BYRN SEC filings →
Financial Highlights
Byrna Technologies generated $118.1M in revenue over the trailing twelve months, retaining a 60.5% gross margin, operating income reached $11.8M (10.0% operating margin), and net income was $9.7M, reflecting a 8.2% net profit margin. Diluted earnings per share stood at $0.40. The company generated -$1.6M in operating cash flow. With a current ratio of 3.73, the balance sheet reflects a strong liquidity position.
Upcoming Events
Q1 2026 earnings call
Byrna Technologies has 1 upcoming scheduled event. The next event, "Q1 2026 earnings call", is scheduled for April 9, 2026 (in 8 days). Investors can track these dates to stay informed about potential catalysts that may affect the BYRN stock price.
Short Interest History
Short interest in Byrna Technologies (BYRN) currently stands at 3.0 million shares, down 1.5% from the previous reporting period, representing 16.7% of the float. Over the past 12 months, short interest has decreased by 18.4%. This moderate level of short interest indicates notable bearish positioning. The 8.3 days to cover indicates moderate liquidity for short covering.
Days to Cover History
Days to cover for Byrna Technologies (BYRN) currently stands at 8.3 days, up 114.2% from the previous period. This moderate days-to-cover ratio suggests reasonable liquidity for short covering, requiring about a week of average trading volume. The days to cover has increased 91.4% over the past year, indicating either rising short interest or declining trading volume. The ratio has shown significant volatility over the period, ranging from 3.7 to 14.3 days.
BYRN Company Profile & Sector Positioning
Byrna Technologies (BYRN) operates in the Aerospace & Defense industry within the broader Miscellaneous Electrical Machinery, Equipment & Supplies sector and is listed on the NASDAQ.
Investors comparing BYRN often look at related companies in the same sector, including Tat Techn (TATT), Smith & Wesson Brands Inc (SWBI), Vertical Aerospace Ltd (EVTL), Satellogic Inc (SATL), and Park Aerospace Corp (PKE). Comparing financial metrics, valuation ratios, and stock performance across these peers can help investors evaluate BYRN's relative position within its industry.