Byrna Technologies Inc. (BYRN)

Byrna Technologies Inc., a less-lethal self-defense technology company, develops, manufactures, and sells less-lethal personal security solutions in the United States, South Africa, Europe, South America, Asia, and Canada. The company offers handheld personal security devices and shoulder-fired launchers designed for use by consumers and professional security customers without the need for a background check or firearms license; projectiles, such as chemical irritant, kinetic, and inert rounds; self-defense aerosol products comprising Byrna Bad Guy Repellent; and accessories and related safety products, such as Byrna Banshee, Byrna Shield, compressed carbon dioxide canisters, sighting systems, holsters, and Byrna-branded apparel. It sells its products to the consumer market through its Byrna e-commerce store and Amazon storefront, Side Hustle dealer program, premier dealers, and a network of outdoor and sporting goods stores either directly or through distributors; and to the professional security market through Train the trainer program. The company was formerly known as Security Devices International, Inc. and changed its name to Byrna Technologies Inc. in March 2020. Byrna Technologies Inc. was incorporated in 2005 and is headquartered in Andover, Massachusetts.

Symbol
BYRN
Exchange
Nasdaq
Sector
Industrials
Industry
Aerospace & Defense
Market cap
$78.97M
52 week range
3.17 - 30.62

Valuation

Share price
$3.48 (close of 2026-10-02)
P/E (TTM)
-23.20x
Price to book
1.39x
Price to free cash flow
-144.11x
Enterprise value
$71.58M
Book value per share
$2.51

Price performance

PeriodChange
1 day0.00%
5 days-0.29%
1 month+1.16%
3 months-50.07%
6 months-61.50%
Year to date-79.27%
1 year-84.36%
3 years+54.67%
5 years-84.33%
10 years+74.00%
All time+16.00%

Profitability and growth

Return on equity
14.73%
Return on invested capital
17.99%
Return on assets
11.47%
Return on capital employed
17.57%
Gross margin
60.51%
Net margin
8.20%
EBITDA margin
11.81%
Revenue growth
37.74%
Net income growth
-24.27%
Free cash flow growth
-197.90%

Cash flow and balance sheet

Free cash flow yield (TTM)
-0.69%
Current ratio
4.86x
Net debt to EBITDA
2.82x

Latest reported year

Period end
2025-11-30
Fiscal year
2025
Revenue
$118.12M
Cost of revenue
$46.65M
Gross profit
$71.47M
EBITDA
$13.95M
Net income
$9.69M
Earnings per share
$0.43
Research and development
$300.00K
Shares outstanding
22.67M

Income statement by year

Period endRevenueGross profitNet incomeEPS
2025-11-30$118.12M$71.47M$9.69M$0.43
2024-11-30$85.76M$52.77M$12.79M$0.57
2023-11-30$42.64M$23.65M-$8.19M$-0.37
2022-11-30$48.04M$26.28M-$7.88M$-0.35
2021-11-30$42.16M$22.89M-$3.28M$-0.22
2020-11-30$16.57M$7.51M-$12.55M$-0.98
2019-11-30$924.42K$149.01K-$4.41M$0.40
2018-11-30$250.23K$64.16K-$2.15M$-0.20
2017-11-30$292.51K$101.19K-$2.80M$-0.50
2016-11-30$154.01K$59.00K-$1.92M$-0.40

Margins and returns by year

Period endGross marginNet marginReturn on equityReturn on capital
2025-11-3060.51%8.20%14.73%17.99%
2024-11-3061.54%14.92%23.53%16.60%
2023-11-3055.45%-19.21%-19.36%-32.84%
2022-11-3054.70%-16.41%-17.14%-27.15%
2021-11-3054.29%-7.79%-4.97%-28.76%
2020-11-3045.32%-75.78%-149.28%-68.19%
2019-11-3016.12%-477.03%222.60%-99.63%
2018-11-3025.64%-860.61%-1371.32%-
2017-11-3034.59%-957.32%857.33%-
2016-11-3038.31%-1249.30%193.65%-

Cash and debt by year

Period endCashDebt
2025-11-30$13.73M-
2024-11-30$16.83M-
2023-11-30$20.50M-
2022-11-30$20.07M-
2021-11-30$56.31M-
2020-11-30$3.17M-
2019-11-30$1.17M$6.46M
2018-11-30$1.18M-
2017-11-30$1.97M-
2016-11-30$192.83K-

Free cash flow by year

Period endFree cash flowStock-based compensation
2025-11-30-$9.20M$3.07M
2024-11-30$9.39M$3.40M
2023-11-30$2.99M$5.38M
2022-11-30-$17.08M$5.42M
2021-11-30-$6.28M$3.15M
2020-11-30$1.11M$1.25M
2019-11-30-$4.02M$218.15K
2018-11-30-$1.91M$128.80K
2017-11-30-$1.49M$214.11K
2016-11-30-$1.66M$28.02K

Investor relations

Next earnings report

Next confirmed report
2026-10-08
Consensus EPS estimate
$-0.14

Past earnings dates

ReportedFiscal periodEPS estimate
2026-07-09May/2026$-0.10
2026-04-09Feb/2026$0.05
2026-02-05Nov/2025$0.13
2025-10-09Aug/2025$0.05
2025-07-10May/2025$0.05
2025-04-10Feb/2025$0.02
2025-02-12--
2025-02-07Nov/2024$0.05

Filings and sources

Company website
byrna.com
SEC filings
10-K, 10-Q and 8-K on EDGAR
Earnings calendar
All upcoming reports

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