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Side-by-side financial comparison of Byrna Technologies Inc. (BYRN) and Commercial Bancgroup, Inc. (CBK). Click either name above to swap in a different company.

Byrna Technologies Inc. is the larger business by last-quarter revenue ($35.2M vs $23.1M, roughly 1.5× Commercial Bancgroup, Inc.). Commercial Bancgroup, Inc. runs the higher net margin — 41.3% vs 9.5%, a 31.8% gap on every dollar of revenue.

Byrna Technologies Inc. designs, manufactures and markets innovative less-lethal personal safety and self-defense products, including handheld kinetic launchers, specialized non-lethal projectiles and related accessories. Its core customer segments cover individual consumers, law enforcement agencies, private security firms and educational institutions, with primary markets across North America and expanding global distribution networks.

Commercial Bancgroup, Inc. operates as a U.S. regional bank holding company that provides a full suite of retail and commercial banking products and services to individual consumers, small and medium-sized businesses, and local institutional clients. Its core offerings include deposit accounts, lending solutions, wealth management, and tailored financial advisory services for regional markets.

BYRN vs CBK — Head-to-Head

Bigger by revenue
BYRN
BYRN
1.5× larger
BYRN
$35.2M
$23.1M
CBK
Higher net margin
CBK
CBK
31.8% more per $
CBK
41.3%
9.5%
BYRN

Income Statement — Q4 FY2025 vs Q1 FY2026

Metric
BYRN
BYRN
CBK
CBK
Revenue
$35.2M
$23.1M
Net Profit
$3.4M
$9.5M
Gross Margin
59.8%
Operating Margin
11.2%
Net Margin
9.5%
41.3%
Revenue YoY
26.0%
Net Profit YoY
-65.2%
9.7%
EPS (diluted)
$0.14
$0.69

Green = leading value per metric. Periods may differ when fiscal calendars don't align.

8-Quarter Revenue & Profit Trend

Side-by-side quarterly history. Quarters aligned by calendar period so offset fiscal years line up.

Revenue
BYRN
BYRN
CBK
CBK
Q1 26
$23.1M
Q4 25
$35.2M
$23.5M
Q3 25
$28.2M
$22.8M
Q2 25
$28.5M
Q1 25
$26.2M
Q4 24
$28.0M
Q3 24
$20.9M
Q2 24
$20.3M
Net Profit
BYRN
BYRN
CBK
CBK
Q1 26
$9.5M
Q4 25
$3.4M
$9.9M
Q3 25
$2.2M
$9.5M
Q2 25
$2.4M
Q1 25
$1.7M
Q4 24
$9.7M
Q3 24
$1.0M
Q2 24
$2.1M
Gross Margin
BYRN
BYRN
CBK
CBK
Q1 26
Q4 25
59.8%
Q3 25
60.1%
Q2 25
61.6%
Q1 25
60.8%
Q4 24
62.8%
Q3 24
62.4%
Q2 24
62.0%
Operating Margin
BYRN
BYRN
CBK
CBK
Q1 26
Q4 25
11.2%
Q3 25
10.2%
53.8%
Q2 25
11.7%
Q1 25
6.5%
Q4 24
14.6%
Q3 24
4.0%
Q2 24
9.4%
Net Margin
BYRN
BYRN
CBK
CBK
Q1 26
41.3%
Q4 25
9.5%
42.2%
Q3 25
7.9%
41.4%
Q2 25
8.5%
Q1 25
6.3%
Q4 24
34.6%
Q3 24
4.9%
Q2 24
10.2%
EPS (diluted)
BYRN
BYRN
CBK
CBK
Q1 26
$0.69
Q4 25
$0.14
$0.72
Q3 25
$0.09
$0.77
Q2 25
$0.10
Q1 25
$0.07
Q4 24
$0.42
Q3 24
$0.04
Q2 24
$0.09

Balance Sheet & Financial Strength

Snapshot of each company's liquidity, leverage and book value from the latest quarter.

Metric
BYRN
BYRN
CBK
CBK
Cash + ST InvestmentsLiquidity on hand
$15.5M
Total DebtLower is stronger
$118.2M
Stockholders' EquityBook value
$65.8M
Total Assets
$84.5M
$2.3B
Debt / EquityLower = less leverage

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
BYRN
BYRN
CBK
CBK
Q1 26
Q4 25
$15.5M
Q3 25
$9.0M
$154.8M
Q2 25
Q1 25
$19.3M
Q4 24
$25.7M
Q3 24
$20.1M
Q2 24
$24.8M
Total Debt
BYRN
BYRN
CBK
CBK
Q1 26
$118.2M
Q4 25
$166.8M
Q3 25
$100.1M
Q2 25
Q1 25
Q4 24
Q3 24
Q2 24
Stockholders' Equity
BYRN
BYRN
CBK
CBK
Q1 26
Q4 25
$65.8M
Q3 25
$63.1M
$245.2M
Q2 25
$60.1M
Q1 25
$56.8M
Q4 24
$54.4M
Q3 24
$44.5M
Q2 24
$45.3M
Total Assets
BYRN
BYRN
CBK
CBK
Q1 26
$2.3B
Q4 25
$84.5M
$2.3B
Q3 25
$78.6M
$2.2B
Q2 25
Q1 25
$71.0M
Q4 24
$71.9M
Q3 24
$59.0M
Q2 24
$57.5M
Debt / Equity
BYRN
BYRN
CBK
CBK
Q1 26
Q4 25
Q3 25
0.41×
Q2 25
Q1 25
Q4 24
Q3 24
Q2 24

Cash Flow & Capital Efficiency

How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.

Metric
BYRN
BYRN
CBK
CBK
Operating Cash FlowLast quarter
$9.9M
Free Cash FlowOCF − Capex
$8.1M
FCF MarginFCF / Revenue
23.1%
Capex IntensityCapex / Revenue
5.1%
Cash ConversionOCF / Net Profit
2.95×
TTM Free Cash FlowTrailing 4 quarters
$-9.2M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
BYRN
BYRN
CBK
CBK
Q1 26
Q4 25
$9.9M
Q3 25
$-2.3M
$28.0M
Q2 25
$-5.5M
Q1 25
$-3.8M
Q4 24
$7.3M
Q3 24
$-1.4M
Q2 24
$1.9M
Free Cash Flow
BYRN
BYRN
CBK
CBK
Q1 26
Q4 25
$8.1M
Q3 25
$-4.5M
$26.5M
Q2 25
$-6.4M
Q1 25
$-6.4M
Q4 24
$6.3M
Q3 24
$-2.1M
Q2 24
$1.4M
FCF Margin
BYRN
BYRN
CBK
CBK
Q1 26
Q4 25
23.1%
Q3 25
-16.0%
115.8%
Q2 25
-22.4%
Q1 25
-24.5%
Q4 24
22.5%
Q3 24
-10.0%
Q2 24
7.0%
Capex Intensity
BYRN
BYRN
CBK
CBK
Q1 26
Q4 25
5.1%
Q3 25
8.0%
6.7%
Q2 25
3.3%
Q1 25
10.1%
Q4 24
3.4%
Q3 24
3.3%
Q2 24
2.6%
Cash Conversion
BYRN
BYRN
CBK
CBK
Q1 26
Q4 25
2.95×
Q3 25
-1.01×
2.96×
Q2 25
-2.25×
Q1 25
-2.27×
Q4 24
0.75×
Q3 24
-1.36×
Q2 24
0.93×

Financial Flow Comparison

Revenue → gross profit → operating profit → net profit for each company.

Revenue Breakdown by Segment

BYRN
BYRN

E Commerce$23.0M65%
Wholesale Dealerdistributors$10.9M31%
Other$1.3M4%

CBK
CBK

Net Interest Income$20.5M89%
Noninterest Income$2.6M11%

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