Wrap Technologies, Inc. (WRAP) Financial Statements
Industry: Ordnance & Accessories, (No Vehicles/Guided Missiles)
In fiscal 2025, Wrap Technologies reported revenue of $4.7M, up 3.7% from $4.5M the year before. Net income was -$10.3M (a -221.2% net margin), or -$0.22 per diluted share. Gross margin was 57.8% and operating margin was -288.6%. Operating activities generated -$10.3M of cash, leaving -$10.4M of free cash flow. At fiscal year end, Wrap Technologies held $15.4M in total assets against $3.9M in total liabilities, including $3.5M of cash and equivalents.
Open the full interactive Wrap Technologies financials → Quarterly statements, key ratios, valuation history and price charts.
Wrap Technologies Key Stats
| Share Price | $1.33 |
|---|---|
| Market Cap | $74.1M |
| Revenue YoY Growth | +3.7% |
| 52-Week Range | $1.06 – $3.10 |
| Shares Outstanding | 55.7 million (basic, 2026 Q2) |
Wrap Technologies Income Statement
| FY 2020 | FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 | |
|---|---|---|---|---|---|---|
| Revenue | $3.9M | $7.7M | $8.0M | $6.1M | $4.5M | $4.7M |
| Cost of Goods Sold | — | $5.0M | $4.3M | — | — | — |
| Gross Profit | $1.3M | $2.0M | $3.7M | $2.9M | $2.5M | $2.7M |
| Operating Income | -$13.1M | -$24.5M | -$17.7M | -$18.7M | -$15.6M | -$13.5M |
| Pre-Tax Income | -$12.6M | -$24.4M | -$17.6M | -$30.2M | -$5.9M | -$10.3M |
| Income Tax | $0 | $0 | $0 | $0 | — | $0 |
| Net Income | -$12.6M | -$24.4M | -$17.6M | -$30.2M | -$5.9M | -$10.3M |
| Diluted EPS | -$0.37 | -$0.62 | — | — | -$0.16 | -$0.22 |
Wrap Technologies Quarterly Results
| 2025 Q3 | 2025 Q4 | 2026 Q1 | 2026 Q2 | |
|---|---|---|---|---|
| Revenue | $1.5M | $1.4M | $1.1M | $2.1M |
| Net Income | -$2.8M | -$3.9M | -$4.5M | -$2.3M |
| Diluted EPS | -$0.06 | -$0.08 | -$0.09 | -$0.04 |
Wrap Technologies Balance Sheet
| FY 2020 | FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 | |
|---|---|---|---|---|---|---|
| Cash & Equivalents | $16.6M | $4.9M | $5.3M | $4.0M | $3.6M | $3.5M |
| Current Assets | $46.9M | $41.2M | $26.9M | $21.2M | $10.5M | $11.4M |
| Total Assets | $48.8M | $44.2M | $30.6M | $28.5M | $15.1M | $15.4M |
| Current Liabilities | $2.3M | $2.9M | $3.2M | $23.5M | $13.2M | $1.8M |
| Total Liabilities | $2.4M | $3.0M | $3.5M | $25.3M | $14.9M | $3.9M |
| Shareholders' Equity | $46.4M | $41.3M | $27.1M | $3.2M | $250,000 | $11.5M |
Wrap Technologies Cash Flow Statement
| FY 2020 | FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 | |
|---|---|---|---|---|---|---|
| Cash From Operations | -$12.2M | -$18.2M | -$14.6M | -$16.7M | -$8.1M | -$10.3M |
| Cash From Investing | -$26.1M | -$6.9M | $14.9M | $5.2M | $7.3M | -$387,000 |
| Cash From Financing | $38.0M | $13.4M | $83,000 | $10.2M | $468,000 | $10.5M |
| Free Cash Flow | -$12.4M | -$19.2M | -$14.9M | -$16.9M | -$8.1M | -$10.4M |
| Dividends Paid | — | — | — | $58,000 | $120,000 | $0 |
Figures from Wrap Technologies' 10-K and 10-Q filings with the SEC, as of 2026-10-14. Fiscal years follow the company's own reporting calendar. EPS and share counts are adjusted for later stock splits. See the full Wrap Technologies financials page for every line item.
Wrap Technologies Company Profile
| Ticker | WRAP |
|---|---|
| Exchange | Nasdaq |
| Industry | Ordnance & Accessories, (No Vehicles/Guided Missiles) |
| Headquarters | Miami, Florida |
| Incorporated in | Delaware |
| Fiscal Year End | December 31 |
| SEC Filer Category | Non-accelerated filer, smaller reporting company |
| SEC CIK | 0001702924 |
Frequently Asked Questions
What was Wrap Technologies' revenue in fiscal 2025?
Wrap Technologies (WRAP) reported revenue of $4.7M for fiscal 2025.
What is Wrap Technologies' annual revenue history?
Wrap Technologies' annual revenue by fiscal year: 2020: $3.9M; 2021: $7.7M; 2022: $8.0M; 2023: $6.1M; 2024: $4.5M; 2025: $4.7M.
What was Wrap Technologies' net income in fiscal 2025?
Wrap Technologies reported net income of -$10.3M for fiscal 2025.
What was Wrap Technologies' earnings per share (EPS) in fiscal 2025?
Wrap Technologies' diluted EPS was -$0.22 for fiscal 2025 (adjusted for any later stock splits).
How much free cash flow did Wrap Technologies generate in fiscal 2025?
Wrap Technologies generated -$10.4M of free cash flow in fiscal 2025.
What was Wrap Technologies' revenue last quarter?
In its most recent reported quarter (2026 Q2), Wrap Technologies reported revenue of $2.1M.
How many shares of Wrap Technologies are outstanding?
Wrap Technologies reported a weighted average of 55.7 million basic shares outstanding in 2026 Q2.
What is Wrap Technologies' market cap?
Based on its latest closing price, Wrap Technologies (WRAP) has a market capitalization of about $74.1M.
When does Wrap Technologies' fiscal year end?
Wrap Technologies' fiscal year end, as registered with the SEC, is December 31.
Where is Wrap Technologies headquartered?
Wrap Technologies lists its business address in Miami, Florida in its SEC filings.
Wrap Technologies Competitors & Similar Companies
See all 5 Ordnance & Accessories, (No Vehicles/Guided Missiles) companies →