Byrna Reports Record Q2 Revenue Fueled by Strong Demand for Compact Launchers and Retail Expansion

Byrna Technologies Inc. (BYRN) has shared preliminary financial results for its fiscal second quarter of 2025, revealing a significant boost in revenue that underscores the company's rapid growth trajectory. The company anticipates generating $28.5 million in total revenue for the quarter, marking a 41% increase compared to the $20.3 million reported in the same period of 2024. Shares of BYRN are up nearly 20% following the announcement.

This surge in revenue was propelled by strong early demand for Byrna's recently launched Compact Launcher, which debuted on May 1. The rollout has not only attracted consumer interest but also contributed to meaningful channel expansion across Byrna's sales networks.

In the direct-to-consumer e-commerce segment, revenue grew by 15% year-over-year, highlighting growing brand recognition and an increasingly balanced mix of sales channels. Meanwhile, dealer sales posted an impressive 106% growth to $7.5 million, driven in part by the early rollout of Byrna products at Sportsman's Warehouse stores, which have adopted in-store 'Byrna Genius' installations. Byrna expects these installations to begin in July, aiming to boost in-store engagement further.

International markets also contributed strongly to the company's growth, with an 86% year-over-year increase, including approximately $800,000 in royalty revenue from Byrna LATAM. To meet the growing demand for its products, Byrna ramped up production in the second quarter, manufacturing 38,237 Compact Launchers and bringing the total output for launchers to 63,835 units for the period.

Byrna's CEO, Bryan Ganz, noted that while consumer spending was generally soft during the quarter, the company's strong performance was a testament to the appeal of the new Compact Launcher and the expanding reach of Byrna's market presence. Ganz also highlighted the company's plans to sustain this momentum through steady production and an expanded partnership with Sportsman's Warehouse. With the addition of high-profile influencers like Tucker Carlson, Byrna sees a robust opportunity for continued growth.

The company plans to release its full financial results for the second quarter in July and will host a conference call to discuss performance and outlook with investors and analysts.

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