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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 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

Computed from long term debt + current portion long term debt + short term borrowings + operating lease liabilities + finance lease liabilities + financing obligations: $459K.

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 total debt?
Wrap Technologies (WRAP) reported total debt of $459K in Q1 2026.
How has Wrap Technologies's total debt changed year-over-year?
Wrap Technologies's total debt decreased by 78.4% year-over-year, from $2.12M to $459K.
What is the long-term trend for Wrap Technologies's total debt?
Over 5 years (2020 to 2025), Wrap Technologies's total debt has grown at a 74.4% compound annual growth rate (CAGR), from $150.02K to $2.42M.
What does total debt mean?
Total debt represents the aggregate sum of all interest-bearing financial obligations, including short-term borrowings, the current portion of long-term debt, and long-term debt instruments. It also encompasses capitalized lease liabilities and other debt-like financing arrangements that require fixed repayment schedules. This metric serves as a comprehensive indicator of a company's total financial leverage and its reliance on external capital providers.