Company Analysis

Byrna Technologies, Inc. (BYRN)

Nasdaq: BYRN · Miscellaneous Electrical Machinery, Equipment & Supplies · Andover, MA · filing with the SEC since 2006
Grade6.4
◀ Past 6.5● Present 6.8▶ Future 5.9

The grade of Byrna Technologies, Inc.

Nine metrics read from its own filings, by tense
Headline grade
6.4/10
◀ Past6.530% of the headline
● Present6.840% of the headline
▶ Future5.930% of the headline

All three tenses have at least two readings, so the archetype blend applies as printed.

All nine metrics read as filed from the record.

◀ Past

What did they actually do?

6.5/1030% of the headline grade · 3 of 3 filed

Surviving crises

as filed
4.9/10

Has it survived what it has been through?

13 warning events since 2017; the latest 2020-07-16.

weight 33% of this tense · 49th percentile among 43 sector filers · read for itself

From the record

Byrna Technologies, Inc.'s filings since 2017 show 13 warning events of 3 kinds: a notice about its exchange listing (8-K item 3.01, the latest 2019-07-23); an auditor change (8-K item 4.01, 3 times, the latest 2020-06-16); a late-report notice (Form NT 10-K or NT 10-Q, 9 times, the latest 2020-07-16) (its current reports).

A production reading, recomputed from the filings on every data build, read from EDGAR Nov 13, 2026.

Track record

as filed
7.3/10

What has it actually done, year after year?

+111.7% a year over 9 filed years; profitable in 2 of 9.

weight 45% of this tense · 73rd percentile among 35 sector filers · read for its customers

From the record

Byrna Technologies, Inc.'s 9 filed years say what it did: revenue went from $293 thousand in fiscal 2017 to $118 million in fiscal 2025, up 111.7% a year; it rose in 6 of 8 years; the deepest fall was 14% from fiscal 2017 to fiscal 2018; net income was positive in 2 of 9 of those years (its annual reports).

What it rests on

  • revenue growth over the filed span111.7%top 8% of its family
  • the share of years revenue rosetop 31% of its family
  • the share of filed years with a profittop 33% of its family
  • the deepest fall from a revenue peak14.5%top 36% of its family

A production reading, recomputed from the filings on every data build, read from EDGAR Nov 13, 2026.

Shareholder treatment

as filed
7.2/10

How has it treated the people who own it?

Share count shrank 28.2% a year. 35% of cash flow returned. Insiders: 0 sales, 18 purchases.

weight 22% of this tense · 72nd percentile among 10 sector filers · read for its shareholders

From the record

Over the 5 fiscal years to 2025-11-30, Byrna Technologies, Inc.'s diluted share count shrank about 28.2% a year, and dividends and buybacks returned about 35% of its operating cash flow over 3 years (its filed statements). Its officers and directors filed 0 sales and 18 purchases of their own stock on the open market in the year to 2026-11-09, buying about $518 thousand (their Form 4 filings).

What it rests on

  • the share count over the yearstop 7% of its family
  • cash returned against operating cash flowtop 50% of its family

A production reading, recomputed from the filings on every data build, read from EDGAR Nov 13, 2026.

● Present

What are they doing right now?

6.8/1040% of the headline grade · 3 of 3 filed

Financial health

as filed
8.5/10

Is it financially healthy right now?

ROE 15%: 15¢ of profit per shareholder dollar. Leverage 22%: owes 22¢ per asset dollar.

weight 45% of this tense · 85th percentile among 39 sector filers · read for itself

From the record

Return on equity: in the fiscal year ended 2025-11-30, Byrna Technologies, Inc. earned about 15 cents of profit for every dollar of shareholders' money, and gross profitability: its products earned about 85 cents per dollar of everything the company owns. Leverage: it owed about 22 cents per dollar of assets, and net share issuance: its share count grew 4.4% over the year (the filed statements).

What it rests on

  • what it owes per dollar of assetstop 13% of its family
  • return on equitytop 7% of its family
  • gross profit against assetstop 1% of its family
  • the share count against the year beforetop 36% of its family

A production reading, recomputed from the filings on every data build, read from EDGAR Nov 13, 2026.

Industry position

as filed
7.8/10

How strong is its position in its industry?

top 22% of 39 in its family; net margin 8.2%.

weight 33% of this tense · 78th percentile among 39 sector filers · read for its customers

From the record

Byrna Technologies, Inc.'s standing among 39 graded names in its industry family: revenue of $118 million in fiscal 2025 ranks in the top 34% by size; a net margin of 8.2% ranks in the top 6%; revenue growth of 35% a year over the last 3 filed years ranks in the top 24% (its annual reports).

What it rests on

  • revenue against the family$118Mtop 34% of its family
  • net margin8.2%top 6% of its family
  • three-year revenue growth35.0%top 24% of its family

A production reading, recomputed from the filings on every data build, read from EDGAR Nov 13, 2026.

Leadership

as filed
1.6/10

What are the people in charge doing?

bottom 16% of 24 in its family for leadership; chief executive since 2026.

weight 22% of this tense · 16th percentile among 24 sector filers · read for its shareholders

From the record

Byrna Technologies, Inc.'s leadership, from its insiders' filings and its current reports: the chief executive on the record is Davis, Conn Q. (Chief Executive Officer, as filed), filing under that title since 2026-03-18, 8 months (bottom 11% of its family); the 13 officers and directors filing in the last fifteen months have been on the record a median of 2.5 years (bottom 16%); 13 officer or director changes were reported on Form 8-K since 2023-11-13, against the 13 people in charge now (bottom 22%; fewer changes for each person reads higher) (the Form 4 record, its Form 8-K reports). Years count from a person's first filing in the SEC's data sets, which begin in 2006, so each is a floor.

What it rests on

  • officer and director changes on Form 8-K, against the people in charge13 in three years among 13 peoplebottom 22% of its family
  • the median years the people in charge have filed2.5 yearsbottom 16% of its family
  • the chief executive's years on the record8 monthsbottom 11% of its family

A production reading, recomputed from the filings on every data build, read from EDGAR Nov 13, 2026.

▶ Future

What are they set up to do next?

5.9/1030% of the headline grade · 3 of 3 filed

Room to expand

as filed
6.1/10

How much room does it have to grow?

top 39% of 39 in its family for room to expand.

weight 45% of this tense · 61st percentile among 39 sector filers · read for itself

From the record

Byrna Technologies, Inc.'s room to grow, from the newest filed statements (fiscal 2025): cash of $14 million against no long-term debt tagged leaves 16.2% of its assets as net cash, top 26% of its family; cash from operations less capital spending is -7.8% of revenue (top 29%); a gross margin of 60.5% (top 1%); research spending of 0.3% of revenue (bottom 2%) (its annual report).

What it rests on

  • cash less debt against assets16.2%top 26% of its family
  • cash from operations less capital spending against revenue-7.8%top 29% of its family
  • gross margin60.5%top 1% of its family
  • research spending against revenue0.3%bottom 2% of its family

A production reading, recomputed from the filings on every data build, read from EDGAR Nov 13, 2026.

Growth drivers

as filed
4.5/10

What could actually drive growth from here?

bottom 45% of 35 in its family for growth drivers.

weight 33% of this tense · 45th percentile among 35 sector filers · read for its customers

From the record

Byrna Technologies, Inc.'s growth drivers, from the filed years to fiscal 2025: revenue grew 35% a year over the last three filed years against 111.7% over all 9, slowing (bottom 2% of its family); the newest year grew 37.8% (top 27%); research spending grew -15.7% a year (bottom 22%); capital spending grew 32.8% a year (top 17%) (its annual reports). Byrna Technologies, Inc. reported 2 product lines in fiscal 2025: Product at $116 million (99%), Royalty at $2 million (1%); 1 of 1 grew against the year before (its annual report).

What it rests on

  • three-year growth against the whole span-76.8 points a yearbottom 2% of its family
  • the newest year's revenue growth37.8%top 27% of its family
  • three-year growth of research spending-15.7%bottom 22% of its family
  • three-year growth of capital spending32.8%top 17% of its family

A production reading, recomputed from the filings on every data build, read from EDGAR Nov 13, 2026.

Expectations vs reality

as filed
7.4/10

Did its newest year beat what its own record pointed to?

top 26% of 35 in its family for expectations against reality.

weight 22% of this tense · 74th percentile among 35 sector filers · read for its shareholders

From the record

Byrna Technologies, Inc.'s newest year against its own record: revenue of $118 million in fiscal 2025 came in 3.1% above the $115 million its prior three years' pace pointed to (top 39% of its family); net income of $10 million against a prior three-year average of $1 million (top 4%); a net margin of 8.2% against -6.9% before (top 36%) (its annual reports).

What it rests on

  • revenue against the prior three years' pace3.1%top 39% of its family
  • net income against the prior three years' averagefive times its prior average or moretop 4% of its family
  • net margin against its prior average+15.1 pointstop 36% of its family

A production reading, recomputed from the filings on every data build, read from EDGAR Nov 13, 2026.

The grade is the company against its own industry, from its filings. It is not a view on the share price. How the grade is made

SI Assistanton BYRN · research, not advice