Wrap Technologies WRAP Standard Product Warranty Accrual
Standard Product Warranty Accrual at other companies
Other financials
Where this comes from
Reported directly by Wrap Technologies in its filing.
Tagged under the XBRL concept us-gaap:ProductWarrantyAccrual.
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 standard product warranty accrual?
- Wrap Technologies (WRAP) reported standard product warranty accrual of $32K in Q1 2026.
- How has Wrap Technologies's standard product warranty accrual changed year-over-year?
- Wrap Technologies's standard product warranty accrual decreased by 59.0% year-over-year, from $78K to $32K.
- What is the long-term trend for Wrap Technologies's standard product warranty accrual?
- Over 4 years (2020 to 2025), Wrap Technologies's standard product warranty accrual has grown at a -11.1% compound annual growth rate (CAGR), from $48K to $30K.
- What does standard product warranty accrual mean?
- The estimated liability for future costs associated with repairing or replacing products under standard warranty terms. This reflects the company's anticipated financial burden based on historical product failure rates and service obligations. It is a key indicator of product quality and long-term service cost management.