Byrna Technologies Q1 revenue rises on dealer and chain store growth

Byrna Technologies

09/04/2026 13:12

Overview

US personal defense device maker's fiscal Q1 revenue rose 11% yr/yr on dealer and chain store growth

Net income and adjusted EBITDA both declined yr/yr due to higher operating expenses

Company expects Q2 to be below expectations and suspended formal quarterly guidance

Outlook

Company expects gross margin expansion in the second half of fiscal 2026

Fiscal Q2 is developing below company expectations and below anticipated sequential improvement

Company will not provide formal quarterly guidance for Q2 2026 due to internal visibility changes

Result Drivers

DEALER AND CHAIN STORE SALES - Revenue growth was primarily driven by continued expansion across dealer and chain store channels

HIGHER OPERATING EXPENSES - Increased advertising, marketing, and professional fees weighed on profitability

WEBSITE CONVERSION PRESSURE - Declining conversion rates and average order value on Byrna.com prompted investment in digital experience improvements

Company press release: ID:nGNX9zsslt

Key Details

Metric
Beat/Miss
Actual
Consensus Estimate
Q1 EPS
$0.03
Q1 Net Income
$801,000


Analyst Coverage

The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 6 "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 $28.50, about 209.8% above its April 8 closing price of $9.20

The stock recently traded at 15 times the next 12-month earnings vs. a P/E of 25 three months ago

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(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.)