Second-quarter revenue fell 42% year-over-year due to weaker online traffic and retail reorders, pushing the company to a $10.1 million net loss.
Byrna Technologies reported Q2 revenue of $16.4 million, down from $28.5 million a year earlier, as e-commerce traffic and retail reorders declined. The drop reflects a broader reset in marketing and operations, according to management.
The company posted a $10.1 million net loss and negative adjusted EBITDA of $600,000, driven by one-time charges including inventory write-downs and facility closure costs. Comparable prior-year figures were not profitable, but the scale of the decline underscores operational challenges.
Management outlined a turnaround plan, including digital conversion improvements and the acquisition of HERO Defense Systems, but warned fiscal 2026 will not be a growth year.