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Wrap Technologies WRAP Finished goods

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Other financials

Income statement

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Revenue$1.1M+45.2%
Gross profit$691.0K+16.1%
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 / equity-0.8×
Current ratio7.6×+6.6×

Where this comes from

Reported directly by Wrap Technologies in its filing.

Tagged under the XBRL concept us-gaap:InventoryFinishedGoods.

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 finished goods?
Wrap Technologies (WRAP) reported finished goods of $3.2M in Q1 2026.
How has Wrap Technologies's finished goods changed year-over-year?
Wrap Technologies's finished goods decreased by 26.5% year-over-year, from $4.35M to $3.2M.
What is the long-term trend for Wrap Technologies's finished goods?
Over 3 years (2020 to 2025), Wrap Technologies's finished goods has grown at a 41.1% compound annual growth rate (CAGR), from $1.25M to $3.51M.
What does finished goods mean?
Completed products ready for sale, valued at the lower of cost or net realizable value.