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Wrap Technologies, Inc. logo

Wrap Technologies, Inc.

WRAP

NASDAQTechnologyHardware, Equipment & Parts

Open in GoAI

Previous close

$1.52

−$0.03 · -1.94%

Aug 21, 4:00 PM ET

WRAP company overview

Regular session · ET · Market data may be delayed.

GoAI snapshot

AI-powered factor overview

Jul 10, 2026

GoAI score

Hold

Wait — insufficient conviction to act

Valuation

34

Expensive

Momentum

72

Gaining

Sentiment

66

Bullish

Risk resilience

38

High Risk

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Company profile

Company website

Wrap Technologies, Inc. is an enterprise dedicated to public safety technology and services, engineering advanced solutions for security personnel and law enforcement agencies. Its flagship offering is the BolaWrap 150, a portable, remote restraint tool designed to de-escalate situations. This innovative device propels a Kevlar cord, enabling officers to safely manage uncooperative individuals from distances ranging between 10 and 25 feet. Established in 2016 and based in Tempe, Arizona, Wrap Technologies maintains a broad international footprint, serving markets across the Americas, Europe, the Middle East, Africa, and the Asia-Pacific region.

Industry
Hardware, Equipment & Parts
Sector
Technology
Headquarters
US
CEO
Scot Jason Cohen
Listed since
May 29, 2018
Employees
25

Market position

Day range

Current $1.52

52-week range

Current $1.52

Open
$1.56
Previous close
$1.55
Volume
466.09K
0.36× average
Average volume
1.28M
Average daily volume
Market cap
84.72M USD
Beta
1.33
Market reference 1
50-day average
$1.6742
-9.21% below average
200-day average
$1.8352
-17.17% below average

Financials

Financial snapshot

Latest / TTM

Valuation & yield

Enterprise value
118.88M USD
P/E (TTM)
-5.59×
P/B (TTM)
6.35×
P/S (TTM)
13.99×
EV / EBITDA
-12.2×
Earnings yield
-8.62%
Free cash flow yield
-8.66%
Dividend yield
0.00%

Profitability & efficiency

Gross margin
63.60%
Operating margin
-226.56%
Net margin
-223.08%
Return on equity
-89.95%
Return on assets
-64.70%
Return on invested capital
-93.15%

Financial health

Debt / equity
0.03×
Current ratio
6.29×

Financial statements

Margin trends

Profitability as a percentage of reported revenue.

Gross marginOperating marginNet margin
Gross, operating, and net margin trends113%-107%-328%-548%Gross margin, FY2021: 35.48%Gross margin, FY2022: 46.39%Gross margin, FY2023: 47.38%Gross margin, FY2024: 54.69%Gross margin, FY2025: 57.77%Operating margin, FY2021: -316.92%Operating margin, FY2022: -220.28%Operating margin, FY2023: -305.27%Operating margin, FY2024: -345.40%Operating margin, FY2025: -288.63%Net margin, FY2021: -316.33%Net margin, FY2022: -218.87%Net margin, FY2023: -492.74%Net margin, FY2024: -130.35%Net margin, FY2025: -221.21%FY2021FY2022FY2023FY2024FY2025
Gross margin FY2021 35.48%. Gross margin FY2022 46.39%. Gross margin FY2023 47.38%. Gross margin FY2024 54.69%. Gross margin FY2025 57.77%. Operating margin FY2021 -316.92%. Operating margin FY2022 -220.28%. Operating margin FY2023 -305.27%. Operating margin FY2024 -345.40%. Operating margin FY2025 -288.63%. Net margin FY2021 -316.33%. Net margin FY2022 -218.87%. Net margin FY2023 -492.74%. Net margin FY2024 -130.35%. Net margin FY2025 -221.21%.

Income trends

Revenue

4.67M USD+3.66%

Operating income

−13.49M USD+13.37%

Net income

−10.34M USD-75.91%
Income trends across reported periods11.88M USD−3.43M USD−18.74M USD−34.05M USDRevenue, FY2021: 7.73M USDRevenue, FY2022: 8.05M USDRevenue, FY2023: 6.13M USDRevenue, FY2024: 4.51M USDRevenue, FY2025: 4.67M USDOperating income, FY2021: −24.5M USDOperating income, FY2022: −17.73M USDOperating income, FY2023: −18.72M USDOperating income, FY2024: −15.57M USDOperating income, FY2025: −13.49M USDNet income, FY2021: −24.45M USDNet income, FY2022: −17.62M USDNet income, FY2023: −30.22M USDNet income, FY2024: −5.88M USDNet income, FY2025: −10.34M USDFY2021FY2022FY2023FY2024FY2025
Revenue FY2021 7.73M USD. Revenue FY2022 8.05M USD. Revenue FY2023 6.13M USD. Revenue FY2024 4.51M USD. Revenue FY2025 4.67M USD. Operating income FY2021 −24.5M USD. Operating income FY2022 −17.73M USD. Operating income FY2023 −18.72M USD. Operating income FY2024 −15.57M USD. Operating income FY2025 −13.49M USD. Net income FY2021 −24.45M USD. Net income FY2022 −17.62M USD. Net income FY2023 −30.22M USD. Net income FY2024 −5.88M USD. Net income FY2025 −10.34M USD.
Metric (USD)FY2025FY2024FY2023FY2022FY2021
Revenue4.67M USD4.51M USD6.13M USD8.05M USD7.73M USD
Cost of goods sold1.97M USD2.04M USD3.23M USD4.32M USD4.99M USD
Gross profit2.7M USD2.47M USD2.91M USD3.73M USD2.74M USD
Research and development56K USD2.34M USD3.27M USD5.08M USD6.21M USD
Selling, general, and administrative15.54M USD14.06M USD18.36M USD16.39M USD20.28M USD
Operating expenses16.18M USD18.03M USD21.63M USD21.46M USD27.24M USD
Interest income7K USD156K USD375K USD52K USD31K USD
Depreciation and amortization594K USD827K USD823K USD762K USD478K USD
Operating income−13.49M USD−15.57M USD−18.72M USD−17.73M USD−24.5M USD
Net income−10.34M USD−5.88M USD−30.22M USD−17.62M USD−24.45M USD

Company facts updated Aug 24, 2026.

Earnings

EPS beat rate
50%
4 beats, 4 misses, 0 met estimates
Average EPS surprise
-45.72%
8 comparable reports
Latest EPS result
-0.04
Estimate -0.1 · Beat by 61.29%

EPS: actual versus estimate

Recent quarterly results

ActualEstimate
Quarterly EPS actual values compared with estimates-0-0.07-0.14-0.21Q1 '25MissQ2 '25No estimateQ3 '25BeatQ4 '25No estimateQ1 '26BeatQ2 '26BeatQ3 '26BeatQ4 '26Estimate
Q1 2025, reported Mar 31, 2025: actual -0.17, estimate -0.08, surprise -112.50%, Miss. Q2 2025, reported May 15, 2025: actual -0.001, estimate —, surprise —, Comparison unavailable. Q3 2025, reported Aug 14, 2025: actual -0.07, estimate -0.11, surprise +36.36%, Beat. Q4 2025, reported Nov 12, 2025: actual -0.06, estimate —, surprise —, Comparison unavailable. Q1 2026, reported Mar 26, 2026: actual -0.08, estimate -0.09, surprise +11.11%, Beat. Q2 2026, reported May 13, 2026: actual -0.09, estimate -0.103, surprise +12.90%, Beat. Q3 2026, reported Aug 11, 2026: actual -0.04, estimate -0.103, surprise +61.29%, Beat. Q4 2026, reported Nov 11, 2026: actual —, estimate -0.103, surprise —, Comparison unavailable.

Revenue: actual versus estimate

Recent quarterly results

ActualEstimate
Quarterly Revenue actual values compared with estimates3.82M2.76M1.71M650.25KQ1 '25BeatQ2 '25No estimateQ3 '25MissQ4 '25No estimateQ1 '26MissQ2 '26MissQ3 '26BeatQ4 '26Estimate
Q1 2025, reported Mar 31, 2025: actual 3.59M USD, estimate 3.27M USD, surprise +9.69%, Beat. Q2 2025, reported May 15, 2025: actual 765K USD, estimate —, surprise —, Comparison unavailable. Q3 2025, reported Aug 14, 2025: actual 1.2M USD, estimate 1.9M USD, surprise -36.74%, Miss. Q4 2025, reported Nov 12, 2025: actual 1.49M USD, estimate —, surprise —, Comparison unavailable. Q1 2026, reported Mar 26, 2026: actual 1.4M USD, estimate 3M USD, surprise -53.20%, Miss. Q2 2026, reported May 13, 2026: actual 1.11M USD, estimate 1.61M USD, surprise -30.94%, Miss. Q3 2026, reported Aug 11, 2026: actual 2.05M USD, estimate 1.61M USD, surprise +27.56%, Beat. Q4 2026, reported Nov 11, 2026: actual —, estimate 1.61M USD, surprise —, Comparison unavailable.

Analyst ratings

Third-party consensus; not a GoAI recommendation.

Rating distribution

3 ratings

Limited analyst sample: 3 ratings. Interpret the distribution with caution.

Strong buy00%
Buy00%
Hold3100%
Sell00%
Strong sell00%

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ETFs holding WRAP

Funds reporting this stock among their holdings, ordered by reported position size.

Vanguard Morningstar Total Stock Market ETF logoVanguard Morningstar Total Stock Market ETFVTI
Market value
2.02M
Weight
0.00%
AUM
2.3T USD
Expense ratio
0.03%
Price / 1D
$378.24+0.44%
Vanguard Extended Market ETF logoVanguard Extended Market ETFVXF
Market value
857.13K
Weight
0.00%
AUM
93.7B USD
Expense ratio
0.05%
Price / 1D
$245.53+0.82%
iShares Micro-Cap ETF logoiShares Micro-Cap ETFIWC
Market value
209.22K
Weight
0.01%
AUM
1.53B USD
Expense ratio
0.60%
Price / 1D
$198.39+1.10%

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