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 does gross profit mean?

Calculated as total revenue minus the cost of revenue, representing the surplus remaining after covering direct production costs. This metric is a key indicator of pricing power, production efficiency, and the underlying margin profile of the company's product offerings.

Wrap Technologies WRAP Gross Profit

Gross Profit at other companies

ROC

Rank One Computing ROC

$2.01M-20.2%

Virtuix Holdings Inc. VTIX

——

Other financials

Income statement

See full

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

See full

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

See full

Operating cash flow-$1.2M+59.4%

CapEx$5.0K+150%

Free cash flow-$1.3M+59.3%

Valuation

See full

Market cap$71.9M-5.9%

Enterprise value$65.1M-12.3%

P/S14.3×-9.3×

Profitability

See full

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

See full

Return on equity-176.3%+10.5pp

Debt / equity0×-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:GrossProfit.

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

Ask your AI about Wrap Technologies's gross profit.

Connect your AI assistant and compare it to peers, right in your chat.

Connect your AI

Claude

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 does gross profit mean?: Calculated as total revenue minus the cost of revenue, representing the surplus remaining after covering direct production costs. This metric is a key indicator of pricing power, production efficiency, and the underlying margin profile of the company's product offerings.