vs

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

Byrna Technologies Inc. is the larger business by last-quarter revenue ($35.2M vs $27.0M, roughly 1.3× CEVA INC). On growth, Byrna Technologies Inc. posted the faster year-over-year revenue change (26.0% vs 11.5%). Over the past eight quarters, Byrna Technologies Inc.'s revenue compounded faster (45.5% CAGR vs -2.5%).

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.

CEVA Logistics is a global logistics and supply chain company that operates both freight management and contract logistics. It was purchased by the CMA CGM group in 2019. Since this purchase, CMA CGM has acquired other logistics and transportation companies to merge with and develop CEVA Logistics, such as Ingram Micro Commerce & Lifecycle Services and GEFCO.

BYRN vs CEVA — Head-to-Head

Bigger by revenue
BYRN
BYRN
1.3× larger
BYRN
$35.2M
$27.0M
CEVA
Growing faster (revenue YoY)
BYRN
BYRN
+14.5% gap
BYRN
26.0%
11.5%
CEVA
Faster 2-yr revenue CAGR
BYRN
BYRN
Annualised
BYRN
45.5%
-2.5%
CEVA

Income Statement — Q4 FY2025 vs Q1 FY2026

Metric
BYRN
BYRN
CEVA
CEVA
Revenue
$35.2M
$27.0M
Net Profit
$3.4M
Gross Margin
59.8%
86.2%
Operating Margin
11.2%
-5.0%
Net Margin
9.5%
Revenue YoY
26.0%
11.5%
Net Profit YoY
-65.2%
EPS (diluted)
$0.14

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
CEVA
CEVA
Q1 26
$27.0M
Q4 25
$35.2M
$31.3M
Q3 25
$28.2M
$28.4M
Q2 25
$28.5M
$25.7M
Q1 25
$26.2M
$24.2M
Q4 24
$28.0M
$29.2M
Q3 24
$20.9M
$27.2M
Q2 24
$20.3M
$28.4M
Net Profit
BYRN
BYRN
CEVA
CEVA
Q1 26
Q4 25
$3.4M
$-1.1M
Q3 25
$2.2M
$-2.5M
Q2 25
$2.4M
$-3.7M
Q1 25
$1.7M
$-3.3M
Q4 24
$9.7M
$-1.7M
Q3 24
$1.0M
$-1.3M
Q2 24
$2.1M
$-291.0K
Gross Margin
BYRN
BYRN
CEVA
CEVA
Q1 26
86.2%
Q4 25
59.8%
88.1%
Q3 25
60.1%
88.0%
Q2 25
61.6%
86.2%
Q1 25
60.8%
85.6%
Q4 24
62.8%
88.5%
Q3 24
62.4%
85.4%
Q2 24
62.0%
89.7%
Operating Margin
BYRN
BYRN
CEVA
CEVA
Q1 26
-5.0%
Q4 25
11.2%
-1.3%
Q3 25
10.2%
-7.3%
Q2 25
11.7%
-17.5%
Q1 25
6.5%
-18.1%
Q4 24
14.6%
0.3%
Q3 24
4.0%
-9.6%
Q2 24
9.4%
-0.1%
Net Margin
BYRN
BYRN
CEVA
CEVA
Q1 26
Q4 25
9.5%
-3.5%
Q3 25
7.9%
-8.8%
Q2 25
8.5%
-14.4%
Q1 25
6.3%
-13.7%
Q4 24
34.6%
-5.9%
Q3 24
4.9%
-4.8%
Q2 24
10.2%
-1.0%
EPS (diluted)
BYRN
BYRN
CEVA
CEVA
Q1 26
Q4 25
$0.14
Q3 25
$0.09
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
CEVA
CEVA
Cash + ST InvestmentsLiquidity on hand
$15.5M
$21.4M
Total DebtLower is stronger
Stockholders' EquityBook value
$65.8M
$338.2M
Total Assets
$84.5M
$388.2M
Debt / EquityLower = less leverage

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
BYRN
BYRN
CEVA
CEVA
Q1 26
$21.4M
Q4 25
$15.5M
$40.6M
Q3 25
$9.0M
$17.3M
Q2 25
$29.1M
Q1 25
$19.3M
$18.8M
Q4 24
$25.7M
$18.8M
Q3 24
$20.1M
$13.2M
Q2 24
$24.8M
$25.0M
Stockholders' Equity
BYRN
BYRN
CEVA
CEVA
Q1 26
$338.2M
Q4 25
$65.8M
$336.5M
Q3 25
$63.1M
$268.7M
Q2 25
$60.1M
$265.9M
Q1 25
$56.8M
$269.1M
Q4 24
$54.4M
$266.6M
Q3 24
$44.5M
$265.8M
Q2 24
$45.3M
$263.8M
Total Assets
BYRN
BYRN
CEVA
CEVA
Q1 26
$388.2M
Q4 25
$84.5M
$388.3M
Q3 25
$78.6M
$306.0M
Q2 25
$302.8M
Q1 25
$71.0M
$310.0M
Q4 24
$71.9M
$308.9M
Q3 24
$59.0M
$304.9M
Q2 24
$57.5M
$300.4M

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
CEVA
CEVA
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
CEVA
CEVA
Q1 26
Q4 25
$9.9M
$8.7M
Q3 25
$-2.3M
$-5.9M
Q2 25
$-5.5M
$1.2M
Q1 25
$-3.8M
$-7.4M
Q4 24
$7.3M
$8.0M
Q3 24
$-1.4M
$399.0K
Q2 24
$1.9M
$2.4M
Free Cash Flow
BYRN
BYRN
CEVA
CEVA
Q1 26
Q4 25
$8.1M
$7.2M
Q3 25
$-4.5M
$-6.3M
Q2 25
$-6.4M
$492.0K
Q1 25
$-6.4M
$-7.7M
Q4 24
$6.3M
$7.0M
Q3 24
$-2.1M
$-15.0K
Q2 24
$1.4M
$1.8M
FCF Margin
BYRN
BYRN
CEVA
CEVA
Q1 26
Q4 25
23.1%
23.1%
Q3 25
-16.0%
-22.1%
Q2 25
-22.4%
1.9%
Q1 25
-24.5%
-31.8%
Q4 24
22.5%
24.0%
Q3 24
-10.0%
-0.1%
Q2 24
7.0%
6.2%
Capex Intensity
BYRN
BYRN
CEVA
CEVA
Q1 26
Q4 25
5.1%
4.8%
Q3 25
8.0%
1.5%
Q2 25
3.3%
2.7%
Q1 25
10.1%
1.3%
Q4 24
3.4%
3.5%
Q3 24
3.3%
1.5%
Q2 24
2.6%
2.1%
Cash Conversion
BYRN
BYRN
CEVA
CEVA
Q1 26
Q4 25
2.95×
Q3 25
-1.01×
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%

CEVA
CEVA

Licensing and related revenues$17.8M66%
Royalties$9.2M34%

Related Comparisons