Byrna TechnologiesBYRN -1.23%66 Gross Margin % is 59.90% as of Feb. 2026, which is 20% above its 10-year median of 49.81. GuruFocus rates BYRN with a GF Score™ of 66/100 and a GF Value™ of $22.15 (Possible Value Trap). The stock has 3 warning signs investors should review. Among 342 Aerospace & Defense companies, Byrna Technologies ranks better than 88.6% on this metric.
Warren Buffett believes that firms with excellent long term economics tend to have consistently higher margins.
Durable competitive advantage creates a high Gross Margin % because of the freedom to price in excess of cost. Companies can be categorized by their Gross Margin %
1. Greater than 40% = Durable competitive advantage
2. Less than 40% = Competition eroding margins
3. Less than 20% = no sustainable competitive advantage
Consistency of Gross Margin is key
Byrna Technologies had a gross margin of 59.90% for the quarter that ended in Feb. 2026 => Durable competitive advantage
Be Aware
If a company loses its competitive advantages, usually its gross margin declines well before its sales declines. Watching Gross Margin % and Operating Margin % closely helps avoid value trap situations.
Byrna Technologies Gross Margin % Related Terms
Byrna Technologies Gross Margin % Historical Data
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The historical data trend for Byrna Technologies's Gross Margin % can be seen below:
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
BYRN vs CODA, SPAI, SIF: Gross Margin % Comparison
For the Aerospace & Defense subindustry, Byrna Technologies's Gross Margin %, along with its competitors' market caps and Gross Margin % data, can be viewed below:
* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.
Byrna Technologies Gross Margin % vs Aerospace & Defense Industry
For the Aerospace & Defense industry and Industrials sector, Byrna Technologies's Gross Margin % distribution charts can be found below:
* The bar in red indicates where Byrna Technologies's Gross Margin % falls into.
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
A positive Gross Profit is only the first step for a company to make a net profit. The gross profit needs to be big enough to also cover related labor, equipment, rental, marketing/advertising, research and development and a lot of other costs in selling the products.
Byrna Technologies (BYRN) has a Gross Margin % of 59.90% as of Feb. 2026. Gross margin is the ratio of total gross profit to net sales. View historical data on Byrna Technologies and its competitors. This is 20% above median its historical median of 49.81. Over the past decade, Byrna Technologies' Gross Margin % has ranged from 16.13 to 61.54. According to the industry distribution chart, Byrna Technologies ranks #39 out of 342 companies in the Aerospace & Defense industry, placing it in the top 11.4%.
Is Byrna Technologies' Gross Margin % too high?
Byrna Technologies' current Gross Margin % of 59.90% is 20% above median its 10-year median of 49.81. Over the past 10 years, this metric has ranged from a low of 16.13 to a high of 61.54. The Aerospace & Defense industry median Gross Margin % is 26.65. Byrna Technologies' value of 59.90% is 124.8% above this industry median. Based on the distribution chart, Byrna Technologies ranks #39 out of 342 companies in the Aerospace & Defense industry, which is in the top quartile — a strong position relative to peers. Overall, Byrna Technologies has a GF Score™ of 66/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Byrna Technologies' Gross Margin % compare to CODA and SPAI?
According to the Aerospace & Defense industry distribution chart, Byrna Technologies ranks #39 out of 342 companies for Gross Margin %. This places Byrna Technologies in the top 11% of its industry — outperforming the majority of peers. The industry median Gross Margin % is 26.65. Byrna Technologies' value of 59.90% is 124.8% above this benchmark. Historically, Byrna Technologies' own Gross Margin % has ranged from 16.13 to 61.54 over the past decade. While the company's 10-year median is 49.81 vs. the industry median of 26.65, Byrna Technologies has consistently been above the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Gross Margin % for an Aerospace & Defense company?
The median Gross Margin % among Aerospace & Defense companies is 26.65, based on 342 companies in the industry. Companies in the top quartile (top 25%) have a Gross Margin % significantly above this median, while those in the bottom quartile fall well below. However, Gross Margin % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Byrna Technologies's current Gross Margin % of 59.90% is 124.8% above the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Gross Margin % mean?
A high Gross Margin % can signal that a stock is expensive relative to its fundamentals. Gross margin is the ratio of total gross profit to net sales. View historical data on Byrna Technologies and its competitors. For the Aerospace & Defense industry, the median Gross Margin % is 26.65 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Byrna Technologies's current Gross Margin % is 59.90%, which is 20% above median its own 10-year median of 49.81. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Byrna Technologies stock overvalued right now?
Based on GuruFocus' analysis, Byrna Technologies (BYRN) is currently considered Possible Value Trap. The stock's GF Value™ is $22.15, compared to a current price of $5.60 — trading 74.7% below its estimated fair value. The current Gross Margin % is 59.90%, which is 20% above median its 10-year median of 49.81 and 124.8% above the Aerospace & Defense industry median of 26.65. Byrna Technologies' overall GF Score™ is 66/100 with 3 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Gross Margin % calculated?
Gross Margin % is calculated from a company's financial statements. For Byrna Technologies (BYRN), the current Gross Margin % is 59.90% as of Feb. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.
Is Byrna Technologies (BYRN) Overvalued in 2026?
Based on GuruFocus' analysis, Byrna Technologies stock appears to be undervalued.
The current stock price of $5.60 is trading 74.7% below its estimated GF Value™ of $22.15.
GuruFocus considers Byrna Technologies to be Possible Value Trap.
Key valuation signals for BYRN:
Gross Margin %: 59.90% (20% above median its 10-year median of 49.81)
GF Value™: $22.15 vs. price of $5.60 (74.7% below fair value)
Industry Position: 124.8% above the Aerospace & Defense median (#39 of 342)
No single metric tells the full story. See the BYRN stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Byrna Technologies Inc is a designer, manufacturer, retailer, and distributor of technological solutions for security situations that do not require the use of lethal force. The company generates its revenue from the United States, South Africa, Europe, South America, Asia, and Canada.
66GF Score
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