Byrna Technologies Inc.: Business Overview, Financials & Competitive Analysis
Byrna Technologies Inc. scores 4/10 on the AskCyborg Cyborg Score (Mixed). Specialized market position undermined by recent revenue destruction and valuation compression, requiring near-term operational recovery to justify current equity levels. Byrna operates in a defensible niche market with established customers in law enforcement and military, but faces significant execution challenges as evidenced by revenue collapse and substantial stock deterioration.
What is Byrna Technologies Inc.'s industry? Byrna Technologies Inc. (byrna.com) operates in Security Services (Business Services). AskCyborg classifies Byrna Technologies Inc. under Security Services (Business Services) in its company registry.
Byrna Technologies specializes in developing and manufacturing innovative, less-lethal equipment and munitions for personal security, military, law enforcement, corrections, and private security applications. The comp...
Cyborg Score thesis
Specialized market position undermined by recent revenue destruction and valuation compression, requiring near-term operational...
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Get Current Report FreeByrna Technologies Inc. Overview
Pro stress-test →Byrna Technologies specializes in developing and manufacturing innovative, less-lethal equipment and munitions for personal security, military, law enforcement, corrections, and private security applications. The company offers handheld personal security devices and shoulder-fired launchers designed for use by consumers and professional security customers, operating across the United States, Europe, South Africa, South America, Asia, and Canada.
Strategic Profile
Pro stress-test →Byrna competes in the specialized non-lethal self-defense market with proprietary launcher and munitions platforms. The company's recent operational challenges—reflected in a dramatic stock price decline from $30+ in 2025 to approximately $3-4 as of October 2026—suggest execution risks and market headwinds despite legacy brand recognition in law enforcement and security.
Competitive Landscape
Pro stress-test →Byrna faces competition from established self-defense and security technology providers. Primary competitors include larger defense contractors (e.g., Smith & Wesson through its security division) and specialized non-lethal manufacturers. The competitive pressure is intensified by the small addressable market and the company's recent loss of market confidence.
Industry Context
Byrna Technologies Inc. operates in Security Services (Business Services).
Key facts
Founded: 2005 · Headquarters: Andover, MA, United States · Employees: 159 · Revenue: $118M (TTM) · Market cap: $82M