Filing Flows › Byrna Technologies (BYRN) › Q2 FY25
Byrna Technologies (BYRN) Q2 FY25 earnings results (second quarter fiscal 2025)
10-Q filed Jul 10, 2025
Byrna Technologies (BYRN) reported revenue of $28.5M for the second quarter fiscal 2025 (Q2 FY25), +41% from a year earlier and +9% from the quarter before. Operating margin was 11.7%, net earnings $2.4M (8.5% of revenue).
Byrna Technologies, Q2 FY25: revenue $28.5M (+41% year over year), operating margin 11.7%, net earnings $2.4M, operating cash flow −$5.5M. The chart follows the revenue to costs, profit and cash.
| Q2 FY25 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $28.5M | +9% | +41% |
| Gross profit | $17.6M | +10% | +40% |
| Operating profit | $3.3M | +96% | +74% |
| Net earnings | $2.4M | +46% | +17% |
| Operating cash flow | −$5.5M | -175% | — |
What changed
Revenue was $28.5M in Q2 FY25, up 41% year over year and up 9% from the previous quarter. Product was the largest line at 97% of revenue. Product added $7.4M year over year (up 37%), 90% of the total change.
Gross margin was 61.6%, down 0.3 points from a year earlier. Operating profit was $3.3M, a 11.7% margin (up 2.2 points year over year). Of the extra revenue versus a year earlier, 17% reached operating profit, above the 9% margin then. Operating expenses grew 34% against revenue growth of 41%. Net earnings were $2.4M, up 17% year over year. The effective tax rate was 27.0%.
Operating cash flow was −$5.5M. Non-cash charges added back $559K of depreciation and amortization and $722K of share-based compensation. Working capital and other items used $9.2M. Capital expenditures of $939K exceeded it, leaving free cash flow of −$6.4M.
Questions
What was Byrna Technologies' revenue in the second quarter fiscal 2025?
Byrna Technologies (BYRN) reported revenue of $28.5M for the second quarter fiscal 2025 (Q2 FY25), +41% from a year earlier and +9% from the quarter before.
Was Byrna Technologies profitable in the second quarter fiscal 2025?
Operating profit was $3.3M (11.7% of revenue) and net earnings $2.4M.
Source: Byrna Technologies 10-Q on SEC EDGAR.