Byrna Technologies Reports Strong Q4 Earnings Beat
- Strong Earnings Performance: Byrna Technologies reported a Q4 GAAP EPS of $0.14, beating expectations by $0.01, indicating a sustained improvement in profitability that is likely to positively impact stock prices.
- Significant Revenue Growth: The company achieved Q4 revenue of $35.25 million, a 26% year-over-year increase, surpassing market expectations by $0.33 million, demonstrating robust sales growth amid rising market demand.
- Improved Adjusted EBITDA: Q4 adjusted EBITDA totaled $6.0 million, up 20% from $5.0 million in Q4 2024, reflecting enhancements in cost control and operational efficiency, which further strengthen profitability.
- Sales and Production Expansion: Byrna has sold over 750,000 launchers since inception, with cumulative sales increasing by more than 250,000 units during fiscal 2025, while expanding monthly production capacity to 20,000 units to meet growing demand, indicating strong future market potential.
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- Significant Revenue Growth: Byrna Technologies reported net revenue of $35.2 million for Q4 2025, marking a 26% year-over-year increase, with full-year sales reaching a record $118.1 million, reflecting the company's strong market performance and growth potential.
- Retail Network Expansion: The company expanded its retail locations from 200 to 900 by year-end and partnered with Sportsman's Warehouse to roll out Byrna programs in nearly all stores in 2026, significantly enhancing market coverage.
- New Product Launches: Byrna introduced the next-generation modular launcher CL XL priced at $579.99, expected to generate strong aftermarket demand, alongside plans for a new camera accessory, enriching the product line to meet consumer needs.
- Optimistic Future Outlook: Management anticipates continued growth in retail sales for 2026, projecting a retail footprint of approximately 2,000 locations, and expects gross margins to improve due to product mix and price increases, demonstrating confidence in future strategic planning.
- Strong Earnings Performance: Byrna Technologies reported a Q4 GAAP EPS of $0.14, beating expectations by $0.01, indicating a sustained improvement in profitability that is likely to positively impact stock prices.
- Significant Revenue Growth: The company achieved Q4 revenue of $35.25 million, a 26% year-over-year increase, surpassing market expectations by $0.33 million, demonstrating robust sales growth amid rising market demand.
- Improved Adjusted EBITDA: Q4 adjusted EBITDA totaled $6.0 million, up 20% from $5.0 million in Q4 2024, reflecting enhancements in cost control and operational efficiency, which further strengthen profitability.
- Sales and Production Expansion: Byrna has sold over 750,000 launchers since inception, with cumulative sales increasing by more than 250,000 units during fiscal 2025, while expanding monthly production capacity to 20,000 units to meet growing demand, indicating strong future market potential.
- Earnings Announcement: Byrna Technologies is set to release its Q4 earnings report on February 5 before the market opens, with investors keenly awaiting performance insights to gauge future growth potential.
- Earnings Expectations: The consensus EPS estimate stands at $0.11, while revenue is projected at $34.92 million, reflecting a robust year-over-year growth of 24.8%, indicating a positive trend in the company's revenue generation.
- Historical Performance Review: Over the past year, Byrna has exceeded EPS estimates 25% of the time and revenue estimates 75% of the time, showcasing relative stability in financial performance and bolstering market confidence.
- Investment Opportunity Analysis: Analysts suggest that the current 25% pullback in stock price presents a high-risk, high-reward entry point for investors, potentially attracting those looking for long-term growth opportunities.
- Effective Acquisition Strategy: Waste Connections completed 30, 24, 13, and 24 acquisitions from 2021 to 2024, generating revenues of $215.4 million, $552.0 million, $410.9 million, and $529.0 million respectively, showcasing its strong execution capability in market consolidation.
- Earnings Growth Expectations: The company anticipates year-over-year earnings growth rates of 7.5% in 2025 and 10.1% in 2026, indicating a sustained enhancement in profitability over the next few years.
- Increased Dividend Returns: In October 2025, Waste Connections raised its quarterly dividend by 11.1% to $0.35 per share, reflecting a disciplined approach to capital allocation and a commitment to ongoing shareholder returns.
- Rising Liquidity Risk: Although the current ratio slightly increased to 0.67 in Q3 2025, the ongoing decline since 2020 indicates a growing reliance on cash flows, which may heighten liquidity risks during periods of increased acquisition activity or operational pressures.
Zacks Rank Upgrade: Byrna Technologies Inc. (BYRN) has been upgraded to a Zacks Rank #2 (Buy), indicating a positive outlook on its earnings estimates, which is a key factor influencing stock prices.
Earnings Estimate Revisions: The Zacks Consensus Estimate for Byrna has increased by 6.1% over the past three months, reflecting analysts' growing confidence in the company's earnings potential.
Investment Strategy: The Zacks rating system, known for its strong correlation between earnings estimate revisions and stock price movements, positions Byrna in the top 20% of covered stocks, suggesting potential for market-beating returns.
Historical Performance: Zacks Rank #1 stocks have historically generated an average annual return of +25% since 1988, highlighting the effectiveness of the Zacks rating system in identifying profitable investment opportunities.
Recent Performance: Microvast Holdings (MVST) shares have surged 223.3% over the past year but have recently dipped 24.7% in the last month, underperforming industry peers like GigaCloud Technology and Byrna Technologies.
Expansion Plans: The company is focusing on its Huzhou Phase 3.2 expansion, which aims to increase production capacity by 2 GWh by 2026, supported by a significant capital expenditure of $15.5 million.
Profitability Concerns: Despite a 21.6% year-over-year revenue growth, MVST reported a net loss of $1.5 million in Q3 2025, raising concerns about its business model and operational execution risks.
Liquidity and Investment Outlook: With a current ratio of 0.8 and no dividends declared, MVST faces liquidity risks and is recommended as a "Sell" by Zacks, indicating potential further declines in share price.










