Byrna Technologies prelim Q1 revenue rises but misses estimates

Byrna Technologies

09/03/2026 12:10

Overview

Personal defense tech firm's preliminary fiscal Q1 revenue grows 11% yr/yr, missing analyst expectations

Company's revenue growth driven by omnichannel distribution strategy despite seasonal moderation

Company ended fiscal Q1 with $1.1 mln backlog due to shipment timing

Outlook

Company plans to expand retail distribution and product portfolio

Company did not provide specific guidance for future quarters in its press release

Result Drivers

OMNICHANNEL STRATEGY - Byrna's revenue growth was supported by its expanding omnichannel distribution strategy, including direct-to-consumer and retail channels

DEALER SALES GROWTH - Sales through Byrna dedicated dealers increased by 120% yr/yr, contributing to overall revenue growth

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

Company press release: ID:nGNX91kYLH

Key Details

Metric
Beat/Miss
Actual
Consensus Estimate
Q1 Revenue
Miss
$29 mln
$30.04 mln (3 Analysts)

Analyst Coverage

The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 5 "strong buy" or "buy", no "hold" and no "sell" or "strong sell"

The average consensus recommendation for the aerospace & defense peer group is "buy"

Wall Street's median 12-month price target for Byrna Technologies Inc is $34.00, about 183.6% above its March 6 closing price of $11.99

The stock recently traded at 18 times the next 12-month earnings vs. a P/E of 27 three months ago

For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact reuters.support@thomsonreuters.com.

(This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)