Byrna Technologies Inc. reported fiscal third quarter results ending August 31, 2026, with net revenue declining 46% to $15.3 million from $28.2 million in the prior-year period. The decrease was driven by lower e-commerce sales and slower reorder activity following substantial restocking earlier in the fiscal year. Gross profit fell to $12.2 million, though adjusted gross margin improved to approximately 65% excluding a one-time $2.3 million tariff refund. The company posted a net loss of $(2.9) million compared to net income of $2.2 million previously. Operational highlights include the completed acquisition of HERO Defense Systems and the transition of ammunition production to an outsourced model.
