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Wrap Technologies WRAP Product Warranty Expense Income

Product Warranty Expense Income at other companies

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$1.3M+30.0%
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$1.26B-7.2%
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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 wrap:ProductWarrantyExpenseIncome.

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 product warranty expense income?
Wrap Technologies (WRAP) reported product warranty expense income of $4K in Q1 2026.
How has Wrap Technologies's product warranty expense income changed year-over-year?
Wrap Technologies's product warranty expense income increased by 100.0% year-over-year, from $2K to $4K.
What is the long-term trend for Wrap Technologies's product warranty expense income?
Over 2 years (2022 to 2024), Wrap Technologies's product warranty expense income has grown at a -33.1% compound annual growth rate (CAGR), from $210K to $94K.
What does product warranty expense income mean?
Measures the net impact of product warranty obligations on the company's financial results, including accruals for future claims and adjustments to existing reserves. This metric serves as a proxy for product quality and the expected long-term service costs associated with hardware sales. A consistent trend helps investors gauge the reliability of the company's core technology products.