Byrna Technologies Reports Q1 FY2026: Revenue $29.0M, Net Income $0.8M, Adjusted EBITDA $2.2M

Byrna Technologies reported fiscal first quarter 2026 net revenue of $29.0 million and net income of $0.8 million for the three months ended February 28, 2026. Gross profit was $17.4 million (60% of revenue) and non-GAAP adjusted EBITDA totaled $2.2 million. Management highlighted retail expansion, e‑commerce conversion work and operational initiatives under new CEO Conn Davis. Financial Highlights Net revenue: $29.0 million for Q1 FY2026, up from $26.2 million in Q1 FY2025 (11% year-over-year).Gross profit: $17.4 million, representing a 60% gross margin for Q1 FY2026 (compared with $15.9 million and 61% in Q1 FY2025).Operating income (loss) from operations: $0.9 million for Q1 FY2026 (income from operations $928 thousand).Net income: $0.8 million for Q1 FY2026, versus $1.7 million in Q1 FY2025.Non-GAAP adjusted EBITDA: $2.2 million for Q1 FY2026 (compared with $3.0 million in Q1 FY2025). Business Highlights Leadership and management changes: Conn Davis appointed CEO; Luan Pham promoted to President; TJ Kennedy elevated to Chair of the Board; Robert Holmes named VP of New Product Development and R&D.Retail expansion: Began partnership with Academy Sports + Outdoors with an initial launch in ~50 stores and a phased rollout targeting ~200–250 stores by year-end; expanded Mountain West presence via 14 Murdoch’s Ranch & Home Supply stores with a goal of ~30 stores by year-end.Product and digital initiatives: Introduced the Byrna CL-XL launcher and launched a new “Find the Right Launcher” experience on Byrna.com to improve product education and conversion.Operational focus: Management prioritized retail channel execution, broader customer reach, improved website conversion and operating leverage; noted initiatives to lower inventory over time and improve working capital efficiency.Quarter-end operational position: Inventory was $33.1 million and the company reported approximately $1.1 million in backlog at quarter-end, attributed to shipment timing.Original SEC Filing: Byrna Technologies Inc. [ BYRN ] - 8-K - Apr. 09, 2026DisclaimerThis is an AI-powered summary. It may contain inaccuracies. Consider verifying important information with the source. Please note this summary is solely based on documents filed with the SEC.