Byrna Technologies Inc. (BYRN) Form 10-Q — Oct 8, 2026
Byrna Technologies reported Q3 FY2026 net revenue of $15.3 million, down 45.7% year over year, swinging to a net loss of $2.9 million (EPS -$0.13) from net income of $2.2 million a year ago. Nine-month revenue fell 26.7% to $60.7 million with a $12.2 million net loss. The quarter included roughly $10.5 million of non-cash charges tied to the cessation of in-house ammunition production at Fort Wayne, Indiana, including a $6.0 million inventory write-down and a $3.5 million impairment, plus $2.0 million of bad debt expense including a full reserve on the $0.8 million Byrna LATAM royalty receivable. Gross margin improved to 79.5% helped by $2.3 million of tariff refunds.
Key figures
- Revenue
- 15296000
- Revenue Yoy
- -45.7%
- Cash Position
- 8418000
- Shares Outstanding
- 23404754
- Gross margin q3
- 79.5%
- Impairment loss
- 4506000
- Nine month revenue
- 60733000
- Accumulated deficit
- 59300000
- Gross margin prior q3
- 60.1%
- Market capitalization
- 84500000
- Delayed draw term loan
- 15000000
- Hero acquisition price
- 1250000
- Nine month revenue yoy
- -26.7%
- Adjusted ebitda q3 2025
- 4082000
- Tariff refunds received
- 3300000
- Fox labs revenue exposure
- ~1.3% of nine-month net revenue
- Revolving credit available
- 5000000
- Inventory write downs nine month
- 6000000
AI analysis
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