Byrna Technologies (NASDAQ: BYRN) sees Q1 2026 revenue rise 11%

Rhea-AI Filing Summary

Byrna Technologies Inc. released preliminary results for its fiscal first quarter ended February 28, 2026. The company expects total revenue of approximately $29.0 million, up about 11% from $26.2 million in the same quarter of 2025, reflecting continued year-over-year growth despite normal post-holiday seasonality.

Revenue benefited from strong performance in Byrna Dedicated Dealers, retail stores, and professional channels, while web and international sales declined. The company ended the quarter with roughly $1.1 million in backlog due to shipment timing. Byrna plans to report full first-quarter financial results in April, alongside a conference call for investors and analysts.

Insights

Equity research analyst

Byrna posts 11% Q1 revenue growth with shifting sales mix.

Byrna Technologies expects fiscal Q1 2026 revenue of about $29.0 million, up 11% from $26.2 million a year earlier. This suggests the business is still growing even after a strong holiday-driven fourth quarter, when demand typically peaks.

The sales mix is changing: web revenue declined, while Byrna Dedicated Dealers more than doubled and retail store sales also grew sharply. This indicates increasing reliance on third-party and brick-and-mortar channels, which can affect margins and marketing strategy over time.

Backlog of roughly $1.1 million at the quarter’s end, described as slightly above typical first-quarter levels due to shipment timing, points to some revenue visibility into subsequent periods. Full, audited results and profitability metrics are expected when Q1 results are released in April 2026.

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UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

FORM 8-K

CURRENT REPORT

Pursuant to Section 13 or 15(d) of the

Securities Exchange Act of 1934

Date of Report (Date of earliest event reported): March 9, 2026

BYRNA TECHNOLOGIES INC.

(Exact name of registrant as specified in its charter)

Delaware

(State or other jurisdiction of incorporation)

	333-132456		71-1050654
	(Commission File Number)		(IRS Employer Identification No.)

100 Burtt Road, Suite 115

Andover, MA 01810

(Address and Zip Code of principal executive offices)

(978) 868-5011

(Registrant’s telephone number, including area code)

Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:

☐Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)

☐Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)

☐Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))

☐Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))

Securities registered pursuant to Section 12(b) of the Act:

Title of each class	Trading Symbol(s)	Name of exchange on which registered
Common Stock, $0.001 par value	BYRN	Nasdaq Capital Market

Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§240.12b-2 of this chapter).

Emerging growth company ☐

If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. ☐

Item 2.02 Results of Operations and Financial Condition

On March 9, 2026, Byrna Technologies Inc. (the “Company”) issued a press release announcing the Company’s preliminary revenue expectations for its first fiscal quarter ended February 28, 2026. A copy of the press release is attached as Exhibit 99.1 to this Current Report on Form 8-K. The attached Exhibit 99.1 is furnished pursuant to Item 2.02 of Form 8-K.

The information in Item 2.02 and Item 9.01, including Exhibit 99.1, shall not be deemed “filed” for purposes of Section 18 of the Securities Exchange Act of 1934, or otherwise subject to the liability of such section, nor shall it be deemed incorporated by reference in any filing of the Company under the Securities Act of 1933 or the Securities Exchange Act of 1934, regardless of any general incorporation language in such filing, unless expressly incorporated by specific reference in such filing.

Item 9.01 Financial Statements and Exhibits.

(d) Exhibits.

Exhibit No.		Description
99.1*		Press Release of Byrna Technologies Inc. dated March 9, 2026
104		Cover Page Interactive Data File (embedded within the Inline XBRL document)

* Furnished but not filed.

SIGNATURES

Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.

	BYRNA TECHNOLOGIES INC.
Date: March 9, 2026	By:	/s/ Laurilee Kearnes
		Name: Laurilee Kearnes Title: Chief Financial Officer

Exhibit 99.1

Byrna Technologies Announces Preliminary Fiscal First Quarter Revenues of $29.0 Million

ANDOVER, Mass., March 9, 2026 - Byrna Technologies Inc. (“Byrna” or the “Company”) (Nasdaq: BYRN), a personal defense technology company specializing in the development, manufacture, and sale of innovative less-lethal personal security solutions, today announced select preliminary financial results for the fiscal first quarter ended February 28, 2026.

Preliminary First Quarter Results

Based on preliminary unaudited results, Byrna expects total revenue for the fiscal first quarter of 2026 to be approximately $29.0 million, an increase of 11% compared to $26.2 million in the fiscal first quarter of 2025. The Company also ended the quarter with approximately $1.1 million in backlog, slightly above typical first-quarter levels due to shipment timing at quarter-end.

First quarter revenue reflects the typical post-holiday seasonal moderation following Byrna’s strong holiday-driven fourth quarter.

During the quarter, Byrna continued to generate sales across its multiple distribution channels, including its direct-to-consumer platform and expanding retail footprint, as the Company continues to broaden its omnichannel distribution strategy.

Management Commentary

Conn Davis, who was appointed Chief Executive Officer on March 3, 2026, stated, “Our first quarter results reflect Byrna’s typical post-holiday seasonal pattern while continuing to demonstrate year-over-year growth. Byrna’s mission is grounded in providing personal safety solutions that help people protect themselves while reducing the likelihood of lethal outcomes. As awareness of effective less-lethal options continues to grow, Byrna remains focused on advancing the category through innovative and highly effective solutions. I am excited to build on the strong foundation established by Bryan Ganz and the team as we continue to expand awareness of both the category and the Byrna brand, supported by continued expansion in retail distribution, a growing product portfolio, continued operational scale, and broader reach for our message.”

Preliminary Fiscal First Quarter 2026 Sales Breakdown:

Sales Channel ($ in millions)		Q1 2026				Q1 2025				% Change
Web			17.6				19.4				-9	%
Byrna Dedicated Dealers			9.4				4.3				120	%
Law Enforcement / Schools / Pvt Security			0.1				0.0				190	%
Retail Stores			0.7				0.3				135	%
International			1.6				2.2				-27	%
Gross Sales			29.4				26.2				12	%
Co-Op, AVB, and Allowances			(0.4	)			-				N/A
Net Sales			29.0				26.2				11	%

Conference Call

Byrna plans to report its full financial results for the fiscal first quarter in April, which will be accompanied by a conference call to discuss the results and address questions from investors and analysts. The conference call details will be announced prior to the event.

About Byrna Technologies Inc.

Byrna is a personal defense technology company specializing in the development, manufacture, and sale of innovative less-lethal personal security solutions. For more information on the Company, please visit the corporate website here or the Company’s investor relations site here. The Company is the manufacturer of the Byrna® CL, Byrna® LE and Byrna® SD personal security devices, state-of-the-art handheld CO2 powered launchers designed to provide a less-lethal alternative to a firearm for the consumer, private security, and law enforcement markets. To purchase Byrna products, visit the Company’s e-commerce store.

Forward-Looking Statements

This news release contains “forward-looking statements” within the meaning of the securities laws. All statements contained in this news release, other than statements of current and historical fact, are forward-looking. Often, but not always, forward-looking statements can be identified by the use of words such as “plans,” “expects,” “intends,” “anticipates,” and “believes” and statements that certain actions, events or results “may,” “could,” “would,” “should,” “might,” “occur,” “be achieved,” or “will be taken.” Forward-looking statements include descriptions of currently occurring matters which may continue in the future. Forward-looking statements in this news release include, but are not limited to, our statements related to preliminary revenue results for the first fiscal quarter 2026, the timing of the release of full financial results for the quarter, expectations for future sales growth and demand trends, the impact of marketing strategies, and the Company’s brand visibility efforts. Forward-looking statements are not, and cannot be, a guarantee of future results or events. Forward-looking statements are based on, among other things, opinions, assumptions, estimates, and analyses that, while considered reasonable by the Company at the date the forward-looking information is provided, inherently are subject to significant risks, uncertainties, contingencies, and other factors that may cause actual results and events to be materially different from those expressed or implied.

Any number of risk factors could affect our actual results and cause them to differ materially from those expressed or implied by the forward-looking statements in this news release, including, but not limited to, disappointing market responses to current or future products or services; prolonged, new, or exacerbated disruption of the Company’s supply chain; the further or prolonged disruption of new product development; production or distribution or delays in entry or penetration of sales channels due to inventory constraints, competitive factors, increased shipping costs or freight interruptions; prototype, parts and material shortages, particularly of parts sourced from limited or sole source providers; determinations by third party controlled distribution channels not to carry or reduce inventory of the Company's products; determinations by advertisers to prohibit marketing of some or all Byrna products; the loss of marketing partners or endorsers; potential cancellations of existing or future orders including as a result of any fulfillment delays, introduction of competing products, negative publicity, or other factors; product design defects or recalls; litigation, enforcement proceedings or other regulatory or legal developments; changes in consumer or political sentiment affecting product demand; regulatory factors including the impact of commerce and trade laws and regulations; import-export related matters or tariffs, sanctions or embargos that could affect the Company's supply chain or markets; delays in planned operations related to licensing, registration or permit requirements; and future restrictions on the Company's cash resources, increased costs and other events that could potentially reduce demand for the Company's products or result in order cancellations. The order in which these factors appear should not be construed to indicate their relative importance or priority. We caution that these factors may not be exhaustive; accordingly, any forward-looking statements contained herein should not be relied upon as a prediction of actual results. Investors should carefully consider these and other relevant factors, including those risk factors in Part I, Item 1A, (“Risk Factors”) in the Company's most recent Form 10-K, should understand it is impossible to predict or identify all such factors or risks, should not consider the foregoing list, or the risks identified in the Company's SEC filings, to be a complete discussion of all potential risks or uncertainties, and should not place undue reliance on forward-looking information. The Company assumes no obligation to update or revise any forward-looking information, except as required by applicable law.

Investor Contact:

Tom Colton and Alec Wilson
Gateway Group, Inc.
949-574-3860
BYRN@gateway-grp.com

FAQ

What preliminary fiscal Q1 2026 revenue did Byrna Technologies (BYRN) report?

Byrna Technologies expects preliminary fiscal Q1 2026 revenue of about $29.0 million. This represents roughly 11% growth compared with $26.2 million in the fiscal first quarter of 2025, reflecting continued expansion despite typical post-holiday seasonal moderation in demand.

How did Byrna Technologies’ Q1 2026 sales compare to Q1 2025 by channel?

Byrna’s preliminary data show web sales down 9%, while Byrna Dedicated Dealers grew 120%, retail stores rose 135%, and international declined 27%. Overall gross sales increased 12%, with net sales up 11% year over year to approximately $29.0 million.

What backlog did Byrna Technologies report at the end of fiscal Q1 2026?

Byrna ended fiscal Q1 2026 with an estimated $1.1 million backlog. Management noted this is slightly above typical first-quarter levels, primarily due to shipment timing at quarter-end, suggesting some revenue has shifted into subsequent periods but remains order-backed.

When will Byrna Technologies release full fiscal Q1 2026 results?

Byrna plans to release its full fiscal Q1 2026 financial results in April 2026. The company also expects to host a conference call at that time to review performance and respond to questions from investors and analysts, with call details announced beforehand.

Who is the new CEO of Byrna Technologies mentioned in the Q1 2026 update?

The update notes that Conn Davis was appointed Chief Executive Officer on March 3, 2026. In commentary, he emphasized Byrna’s focus on less-lethal personal security solutions, expanding retail distribution, growing its product portfolio, and increasing awareness of the Byrna brand and category.

Is Byrna Technologies’ Q1 2026 revenue figure audited or preliminary?

The company describes its fiscal Q1 2026 revenue figure as based on preliminary unaudited results. Byrna expects total revenue of approximately $29.0 million and plans to provide full, detailed, and audited financial statements as part of its formal quarterly reporting in April 2026.

Filing Exhibits & Attachments

5 documents

Press Releases

• EX-99.1 EXHIBIT 99.1 36.4 KB

Other Documents

• EX-101 XBRL TAXONOMY EXTENSION SCHEMA 3.5 KB
• EX-101 XBRL TAXONOMY EXTENSION DEFINITION LINKBASE 11.2 KB
• EX-101 XBRL TAXONOMY EXTENSION LABEL LINKBASE 15.0 KB
• EX-101 XBRL TAXONOMY EXTENSION PRESENTATION LINKBASE 11.3 KB