Byrna Technologies Inc. reported results for the quarter ended 2026 with revenue falling to $16.39M and a net loss of ($10.09M), or diluted EPS of ($0.44), versus revenue of $28.51M and net income of $2.43M, or EPS of $0.1, in the prior-year quarter.
Financial Highlights
| MetricCurrent quarterPrior year quarterYoY change | Revenue¹$16.39M$28.51M(42.5%) | Net income²($10.09M)$2.43M(515.7%) | Diluted EPS³($0.44)$0.1(540%) |
¹ Reported as “Net revenue”. ² Reported as “Net (Loss) Income”. ³ Reported as “Diluted income per share”.
Business Highlights
- Revenue declined year over year, driven by weaker demand — direct-to-consumer sales (Amazon and company website) fell materially and wholesale decreased after a prior-year replenishment spike.
- Management continued to emphasize the Byrna® brand positioning and expanded accessory and ammunition offerings while focusing on omnichannel retail distribution.
- The company ceased in‑house ammunition production, recording inventory write‑downs and asset impairments related to the Fort Wayne shutdown; these charges and tariff refunds contributed to compression of margins despite lower underlying cost of goods sold excluding charges.
Original SEC Filing:
This is an AI-powered summary. It may contain inaccuracies. Consider verifying important information with the source. Please note this summary is solely based on documents filed with the SEC.