What is Wrap Technologies's gross profit?

Wrap Technologies (WRAP) reported gross profit of $691K in Q1 2026.

How has Wrap Technologies's gross profit changed year-over-year?

Wrap Technologies's gross profit increased by 16.1% year-over-year, from $595K to $691K.

What is the long-term trend for Wrap Technologies's gross profit?

Over 3 years (2021 to 2025), Wrap Technologies's gross profit has grown at a -32.2% compound annual growth rate (CAGR), from $8.67M to $2.7M.

What does gross profit mean?

Revenue minus cost of revenue — the profit available to cover operating expenses, representing the company's pricing power and production efficiency.

Wrap Technologies WRAP Gross Profit

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ROC

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Other financials

Income statement

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Revenue$1.1M+45.2%

Operating income-$4.8M-21.6%

Net income-$4.5M-4,265%

EPS (diluted)-$0.09—

Balance sheet

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Cash & equivalents$7.3M+17.7%

Total debt$459.0K-78.4%

Total equity$14.4M+462%

Total assets$16.7M-7.0%

Cash flow

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Operating cash flow-$1.2M+59.4%

CapEx$5.0K+150%

Free cash flow-$1.3M+59.3%

Valuation

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Market cap$71.9M-5.9%

Enterprise value$65.1M-12.3%

P/S14.3×-9.3×

Profitability

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Gross margin55.7%-2.9pp

Operating margin-285.6%-64.9pp

Net margin-298.6%+3,778pp

FCF margin-170.8%-24.7pp

Returns & leverage

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Return on equity-176.3%+10.5pp

Debt / equity0×-0.8×

Current ratio7.6×+6.6×

Where this comes from

Calculated from Wrap Technologies’s reported figures.

$1.1Mtotal revenue−$420.0Ktotal cost of revenue=$691K

The official record: Wrap Technologies’s 10-Q, filed May 13, 2026, on SEC EDGAR. View the filing →

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Questions, answered.

What is Wrap Technologies's gross profit?: Wrap Technologies (WRAP) reported gross profit of $691K in Q1 2026.
How has Wrap Technologies's gross profit changed year-over-year?: Wrap Technologies's gross profit increased by 16.1% year-over-year, from $595K to $691K.
What is the long-term trend for Wrap Technologies's gross profit?: Over 3 years (2021 to 2025), Wrap Technologies's gross profit has grown at a -32.2% compound annual growth rate (CAGR), from $8.67M to $2.7M.
What does gross profit mean?: Revenue minus cost of revenue — the profit available to cover operating expenses, representing the company's pricing power and production efficiency.