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

KINGSTONE COMPANIES, INC. is the larger business by last-quarter revenue ($56.4M vs $35.2M, roughly 1.6× Byrna Technologies Inc.). KINGSTONE COMPANIES, INC. runs the higher net margin — 26.2% vs 9.5%, a 16.6% gap on every dollar of revenue. On growth, KINGSTONE COMPANIES, INC. posted the faster year-over-year revenue change (34.0% vs 26.0%). KINGSTONE COMPANIES, INC. produced more free cash flow last quarter ($73.1M vs $8.1M). Over the past eight quarters, Byrna Technologies Inc.'s revenue compounded faster (45.5% CAGR vs 25.6%).

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.

Kingstone Companies, Inc., headquartered in Kingston, New York, provides property and casualty insurance products through its subsidiary, Kingstone Insurance Company. It places contracts with the third-party licensed premium finance company through its subsidiary Payments, Inc., a NYS licensed Insurance Premium Finance Company. Kingstone Insurance Company was ranked #1 of the 81 insurers rated by the Professional Insurance Agents Association in its 2010 Company Performance Survey. The company...

BYRN vs KINS — Head-to-Head

Bigger by revenue
KINS
KINS
1.6× larger
KINS
$56.4M
$35.2M
BYRN
Growing faster (revenue YoY)
KINS
KINS
+8.0% gap
KINS
34.0%
26.0%
BYRN
Higher net margin
KINS
KINS
16.6% more per $
KINS
26.2%
9.5%
BYRN
More free cash flow
KINS
KINS
$64.9M more FCF
KINS
$73.1M
$8.1M
BYRN
Faster 2-yr revenue CAGR
BYRN
BYRN
Annualised
BYRN
45.5%
25.6%
KINS

Income Statement — Q4 FY2025 vs Q4 FY2025

Metric
BYRN
BYRN
KINS
KINS
Revenue
$35.2M
$56.4M
Net Profit
$3.4M
$14.8M
Gross Margin
59.8%
Operating Margin
11.2%
32.7%
Net Margin
9.5%
26.2%
Revenue YoY
26.0%
34.0%
Net Profit YoY
-65.2%
171.4%
EPS (diluted)
$0.14
$1.09

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
KINS
KINS
Q4 25
$35.2M
$56.4M
Q3 25
$28.2M
$55.7M
Q2 25
$28.5M
$52.3M
Q1 25
$26.2M
$50.5M
Q4 24
$28.0M
$42.1M
Q3 24
$20.9M
$40.8M
Q2 24
$20.3M
$36.5M
Q1 24
$16.7M
$35.8M
Net Profit
BYRN
BYRN
KINS
KINS
Q4 25
$3.4M
$14.8M
Q3 25
$2.2M
$10.9M
Q2 25
$2.4M
$11.3M
Q1 25
$1.7M
$3.9M
Q4 24
$9.7M
$5.4M
Q3 24
$1.0M
$7.0M
Q2 24
$2.1M
$4.5M
Q1 24
$17.0K
$1.4M
Gross Margin
BYRN
BYRN
KINS
KINS
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%
Q1 24
57.9%
Operating Margin
BYRN
BYRN
KINS
KINS
Q4 25
11.2%
32.7%
Q3 25
10.2%
24.6%
Q2 25
11.7%
27.1%
Q1 25
6.5%
9.3%
Q4 24
14.6%
15.9%
Q3 24
4.0%
22.3%
Q2 24
9.4%
15.7%
Q1 24
-1.0%
5.0%
Net Margin
BYRN
BYRN
KINS
KINS
Q4 25
9.5%
26.2%
Q3 25
7.9%
19.5%
Q2 25
8.5%
21.5%
Q1 25
6.3%
7.7%
Q4 24
34.6%
12.9%
Q3 24
4.9%
17.1%
Q2 24
10.2%
12.4%
Q1 24
0.1%
4.0%
EPS (diluted)
BYRN
BYRN
KINS
KINS
Q4 25
$0.14
$1.09
Q3 25
$0.09
$0.74
Q2 25
$0.10
$0.78
Q1 25
$0.07
$0.27
Q4 24
$0.42
$0.44
Q3 24
$0.04
$0.55
Q2 24
$0.09
$0.37
Q1 24
$0.00
$0.12

Balance Sheet & Financial Strength

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

Metric
BYRN
BYRN
KINS
KINS
Cash + ST InvestmentsLiquidity on hand
$15.5M
Total DebtLower is stronger
$4.4M
Stockholders' EquityBook value
$65.8M
$122.7M
Total Assets
$84.5M
$453.4M
Debt / EquityLower = less leverage
0.04×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
BYRN
BYRN
KINS
KINS
Q4 25
$15.5M
Q3 25
$9.0M
Q2 25
Q1 25
$19.3M
Q4 24
$25.7M
Q3 24
$20.1M
Q2 24
$24.8M
Q1 24
$24.2M
Total Debt
BYRN
BYRN
KINS
KINS
Q4 25
$4.4M
Q3 25
$4.8M
Q2 25
$5.1M
Q1 25
$5.4M
Q4 24
$11.2M
Q3 24
$17.3M
Q2 24
$25.3M
Q1 24
$25.3M
Stockholders' Equity
BYRN
BYRN
KINS
KINS
Q4 25
$65.8M
$122.7M
Q3 25
$63.1M
$107.7M
Q2 25
$60.1M
$94.9M
Q1 25
$56.8M
$82.2M
Q4 24
$54.4M
$66.7M
Q3 24
$44.5M
$59.7M
Q2 24
$45.3M
$40.8M
Q1 24
$43.2M
$35.7M
Total Assets
BYRN
BYRN
KINS
KINS
Q4 25
$84.5M
$453.4M
Q3 25
$78.6M
$428.6M
Q2 25
$393.4M
Q1 25
$71.0M
$385.4M
Q4 24
$71.9M
$374.9M
Q3 24
$59.0M
$347.0M
Q2 24
$57.5M
$319.8M
Q1 24
$52.7M
$318.3M
Debt / Equity
BYRN
BYRN
KINS
KINS
Q4 25
0.04×
Q3 25
0.04×
Q2 25
0.05×
Q1 25
0.07×
Q4 24
0.17×
Q3 24
0.29×
Q2 24
0.62×
Q1 24
0.71×

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
KINS
KINS
Operating Cash FlowLast quarter
$9.9M
$75.9M
Free Cash FlowOCF − Capex
$8.1M
$73.1M
FCF MarginFCF / Revenue
23.1%
129.5%
Capex IntensityCapex / Revenue
5.1%
5.0%
Cash ConversionOCF / Net Profit
2.95×
5.14×
TTM Free Cash FlowTrailing 4 quarters
$-9.2M
$124.0M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
BYRN
BYRN
KINS
KINS
Q4 25
$9.9M
$75.9M
Q3 25
$-2.3M
$25.9M
Q2 25
$-5.5M
$9.3M
Q1 25
$-3.8M
$17.9M
Q4 24
$7.3M
$57.9M
Q3 24
$-1.4M
$21.7M
Q2 24
$1.9M
$7.1M
Q1 24
$3.9M
$6.1M
Free Cash Flow
BYRN
BYRN
KINS
KINS
Q4 25
$8.1M
$73.1M
Q3 25
$-4.5M
$25.3M
Q2 25
$-6.4M
$8.7M
Q1 25
$-6.4M
$17.0M
Q4 24
$6.3M
$55.6M
Q3 24
$-2.1M
$21.0M
Q2 24
$1.4M
$6.6M
Q1 24
$3.8M
$5.6M
FCF Margin
BYRN
BYRN
KINS
KINS
Q4 25
23.1%
129.5%
Q3 25
-16.0%
45.4%
Q2 25
-22.4%
16.6%
Q1 25
-24.5%
33.7%
Q4 24
22.5%
132.1%
Q3 24
-10.0%
51.6%
Q2 24
7.0%
18.1%
Q1 24
22.6%
15.5%
Capex Intensity
BYRN
BYRN
KINS
KINS
Q4 25
5.1%
5.0%
Q3 25
8.0%
1.2%
Q2 25
3.3%
1.1%
Q1 25
10.1%
1.7%
Q4 24
3.4%
5.6%
Q3 24
3.3%
1.7%
Q2 24
2.6%
1.4%
Q1 24
1.0%
1.5%
Cash Conversion
BYRN
BYRN
KINS
KINS
Q4 25
2.95×
5.14×
Q3 25
-1.01×
2.38×
Q2 25
-2.25×
0.82×
Q1 25
-2.27×
4.60×
Q4 24
0.75×
10.65×
Q3 24
-1.36×
3.12×
Q2 24
0.93×
1.58×
Q1 24
231.88×
4.27×

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%

KINS
KINS

Segment breakdown not available.

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