Byrna Technologies Reports Fiscal Second Quarter 2026 Results
Byrna Technologies reported Q2 2026 revenue of $16.4 million, a 43% year-over-year decline from $28.5 million, driven by weak e-commerce traffic and slow retail sell-through following Q1 restocking. The company posted a net loss of $10.1 million, including $10.4 million in non-cash charges for inventory write-downs and equipment impairments related to exiting in-house ammunition manufacturing. Adjusted gross margin remained stable at 62%, but GAAP gross margin collapsed to 11% due to the one-time charges. Management stated FY26 will not be a revenue-growth year, resetting expectations.
Key figures
- Revenue
- 16387000
- Guidance
- FY26 will not be a revenue-growth year; expects improvement in H2 vs H1
- Revenue Yoy
- -43%
- Inventory
- 30445000
- Gross margin
- 10.9%
- Gross profit
- 1783000
- Impairment charges
- 10400000
- Operating expenses
- 14629000
- Adjusted gross margin
- 61.8%
- Adjusted gross profit
- 10133000
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