What is Wrap Technologies's revenue?

Wrap Technologies (WRAP) reported revenue of $1.11M in Q1 2026.

How has Wrap Technologies's revenue changed year-over-year?

Wrap Technologies's revenue increased by 45.2% year-over-year, from $765K to $1.11M.

What does revenue mean?

The net amount of income recognized from the sale of goods or services after accounting for returns, allowances, and discounts. It serves as the primary indicator of a company's ability to generate value from its operations and is the starting point for profitability analysis.

Wrap Technologies WRAP Revenue

Revenue at other companies

ROC

Rank One Computing ROC

$2.55M-19.7%

Virtuix Holdings Inc. VTIX

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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+2.9%

Enterprise value$65.1M-3.3%

P/S14.3×-7.3×

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

Reported directly by Wrap Technologies in its filing.

Tagged under the XBRL concept us-gaap:Revenues.

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 revenue?: Wrap Technologies (WRAP) reported revenue of $1.11M in Q1 2026.
How has Wrap Technologies's revenue changed year-over-year?: Wrap Technologies's revenue increased by 45.2% year-over-year, from $765K to $1.11M.
What does revenue mean?: The net amount of income recognized from the sale of goods or services after accounting for returns, allowances, and discounts. It serves as the primary indicator of a company's ability to generate value from its operations and is the starting point for profitability analysis.