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

MID PENN BANCORP INC is the larger business by last-quarter revenue ($62.0M vs $35.2M, roughly 1.8× Byrna Technologies Inc.). MID PENN BANCORP INC runs the higher net margin — 31.4% vs 9.5%, a 21.8% gap on every dollar of revenue. On growth, MID PENN BANCORP INC posted the faster year-over-year revenue change (30.8% vs 26.0%). MID PENN BANCORP INC produced more free cash flow last quarter ($71.8M vs $8.1M). Over the past eight quarters, Byrna Technologies Inc.'s revenue compounded faster (45.5% CAGR vs 21.1%).

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.

Commerce Bancorp was a Cherry Hill, New Jersey–based bank created in 1973. In 2007, it was purchased by Toronto-Dominion Bank, which merged Commerce into TD Banknorth, the latter of which was rebranded to TD Bank.

BYRN vs MPB — Head-to-Head

Bigger by revenue
MPB
MPB
1.8× larger
MPB
$62.0M
$35.2M
BYRN
Growing faster (revenue YoY)
MPB
MPB
+4.8% gap
MPB
30.8%
26.0%
BYRN
Higher net margin
MPB
MPB
21.8% more per $
MPB
31.4%
9.5%
BYRN
More free cash flow
MPB
MPB
$63.7M more FCF
MPB
$71.8M
$8.1M
BYRN
Faster 2-yr revenue CAGR
BYRN
BYRN
Annualised
BYRN
45.5%
21.1%
MPB

Income Statement — Q4 FY2025 vs Q4 FY2025

Metric
BYRN
BYRN
MPB
MPB
Revenue
$35.2M
$62.0M
Net Profit
$3.4M
$19.4M
Gross Margin
59.8%
Operating Margin
11.2%
43.6%
Net Margin
9.5%
31.4%
Revenue YoY
26.0%
30.8%
Net Profit YoY
-65.2%
47.0%
EPS (diluted)
$0.14
$0.83

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
MPB
MPB
Q4 25
$35.2M
$62.0M
Q3 25
$28.2M
$61.8M
Q2 25
$28.5M
$54.3M
Q1 25
$26.2M
$47.7M
Q4 24
$28.0M
$47.4M
Q3 24
$20.9M
$45.3M
Q2 24
$20.3M
$44.1M
Q1 24
$16.7M
$42.3M
Net Profit
BYRN
BYRN
MPB
MPB
Q4 25
$3.4M
$19.4M
Q3 25
$2.2M
$18.3M
Q2 25
$2.4M
$4.8M
Q1 25
$1.7M
$13.7M
Q4 24
$9.7M
$13.2M
Q3 24
$1.0M
$12.3M
Q2 24
$2.1M
$11.8M
Q1 24
$17.0K
$12.1M
Gross Margin
BYRN
BYRN
MPB
MPB
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
MPB
MPB
Q4 25
11.2%
43.6%
Q3 25
10.2%
39.3%
Q2 25
11.7%
7.9%
Q1 25
6.5%
35.2%
Q4 24
14.6%
34.1%
Q3 24
4.0%
32.8%
Q2 24
9.4%
32.4%
Q1 24
-1.0%
34.8%
Net Margin
BYRN
BYRN
MPB
MPB
Q4 25
9.5%
31.4%
Q3 25
7.9%
29.6%
Q2 25
8.5%
8.8%
Q1 25
6.3%
28.8%
Q4 24
34.6%
27.9%
Q3 24
4.9%
27.1%
Q2 24
10.2%
26.7%
Q1 24
0.1%
28.7%
EPS (diluted)
BYRN
BYRN
MPB
MPB
Q4 25
$0.14
$0.83
Q3 25
$0.09
$0.79
Q2 25
$0.10
$0.22
Q1 25
$0.07
$0.71
Q4 24
$0.42
$0.72
Q3 24
$0.04
$0.74
Q2 24
$0.09
$0.71
Q1 24
$0.00
$0.73

Balance Sheet & Financial Strength

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

Metric
BYRN
BYRN
MPB
MPB
Cash + ST InvestmentsLiquidity on hand
$15.5M
Total DebtLower is stronger
Stockholders' EquityBook value
$65.8M
$814.1M
Total Assets
$84.5M
$6.1B
Debt / EquityLower = less leverage

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
BYRN
BYRN
MPB
MPB
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
Stockholders' Equity
BYRN
BYRN
MPB
MPB
Q4 25
$65.8M
$814.1M
Q3 25
$63.1M
$796.3M
Q2 25
$60.1M
$775.7M
Q1 25
$56.8M
$667.9M
Q4 24
$54.4M
$655.0M
Q3 24
$44.5M
$573.1M
Q2 24
$45.3M
$559.7M
Q1 24
$43.2M
$551.0M
Total Assets
BYRN
BYRN
MPB
MPB
Q4 25
$84.5M
$6.1B
Q3 25
$78.6M
$6.3B
Q2 25
$6.4B
Q1 25
$71.0M
$5.5B
Q4 24
$71.9M
$5.5B
Q3 24
$59.0M
$5.5B
Q2 24
$57.5M
$5.4B
Q1 24
$52.7M
$5.3B

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
MPB
MPB
Operating Cash FlowLast quarter
$9.9M
$80.0M
Free Cash FlowOCF − Capex
$8.1M
$71.8M
FCF MarginFCF / Revenue
23.1%
115.8%
Capex IntensityCapex / Revenue
5.1%
13.3%
Cash ConversionOCF / Net Profit
2.95×
4.12×
TTM Free Cash FlowTrailing 4 quarters
$-9.2M
$132.1M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
BYRN
BYRN
MPB
MPB
Q4 25
$9.9M
$80.0M
Q3 25
$-2.3M
$26.3M
Q2 25
$-5.5M
$29.0M
Q1 25
$-3.8M
$11.5M
Q4 24
$7.3M
$51.4M
Q3 24
$-1.4M
$16.9M
Q2 24
$1.9M
$18.0M
Q1 24
$3.9M
$12.4M
Free Cash Flow
BYRN
BYRN
MPB
MPB
Q4 25
$8.1M
$71.8M
Q3 25
$-4.5M
$24.3M
Q2 25
$-6.4M
$27.2M
Q1 25
$-6.4M
$8.8M
Q4 24
$6.3M
$44.5M
Q3 24
$-2.1M
$16.8M
Q2 24
$1.4M
$17.7M
Q1 24
$3.8M
$12.1M
FCF Margin
BYRN
BYRN
MPB
MPB
Q4 25
23.1%
115.8%
Q3 25
-16.0%
39.4%
Q2 25
-22.4%
50.1%
Q1 25
-24.5%
18.4%
Q4 24
22.5%
93.8%
Q3 24
-10.0%
37.1%
Q2 24
7.0%
40.2%
Q1 24
22.6%
28.5%
Capex Intensity
BYRN
BYRN
MPB
MPB
Q4 25
5.1%
13.3%
Q3 25
8.0%
3.1%
Q2 25
3.3%
3.2%
Q1 25
10.1%
5.7%
Q4 24
3.4%
14.6%
Q3 24
3.3%
0.0%
Q2 24
2.6%
0.7%
Q1 24
1.0%
0.8%
Cash Conversion
BYRN
BYRN
MPB
MPB
Q4 25
2.95×
4.12×
Q3 25
-1.01×
1.44×
Q2 25
-2.25×
6.08×
Q1 25
-2.27×
0.84×
Q4 24
0.75×
3.88×
Q3 24
-1.36×
1.37×
Q2 24
0.93×
1.53×
Q1 24
231.88×
1.02×

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%

MPB
MPB

Segment breakdown not available.

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