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Other financials

Income statement

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Gross profit$1.5M+217%
Operating income-$2.3M+21.2%
Net income-$2.3M+39.4%
EPS (diluted)-$0.04+42.9%

Balance sheet

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Cash & equivalents$4.8M+14.5%
Total debt$436.0K-78.7%
Total equity$13.3M+13.5%
Total assets$15.3M-1.7%

Cash flow

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Operating cash flow-$2.4M-25.4%
CapEx$6.0K0.0%
Free cash flow-$2.4M-25.3%

Valuation

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Market cap$95.14M+41.8%
Enterprise value$90.79M+39.8%
P/S15.7×-5.0×

Profitability

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Gross margin63.6%+10.2pp
Operating margin-226.6%-76.8pp
Net margin-223.1%-39.9pp
FCF margin-149.6%-27.2pp

Returns & leverage

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Return on equity-107.7%-8.9pp
Debt / equity-0.1×
Current ratio+2.4×

Where this comes from

Reported directly by Wrap Technologies in its filing.

Tagged under the XBRL concept us-gaap:Revenues.

The source filing: Wrap Technologies’s 10-Q, filed August 11, 2026.

Filed
Aug 11, 2026, 5:20 PM EDT
Fiscal quarter
Q2 FY2026
Calendar quarter
Q2 2026
Accession
0001140361-26-032276
Line itemThree Months Ended June 30, 2026Three Months Ended June 30, 2025Six Months Ended June 30, 2026Six Months Ended June 30, 2025
Revenues:
Product sales$1,747$50$2,630359
Technology enabled services3059625331,419
Total revenues2,0521,0123,1631,778
Cost of revenues507525927695
Gross profit1,5454872,2361,083
Operating expenses:
Selling, general and administrative3,6443,1818,9997,266

Item 1. Financial Statements

FAQ

What is Wrap Technologies's total revenue?
Wrap Technologies (WRAP) reported total revenue of $2.05M in Q2 2026.
How has Wrap Technologies's total revenue changed year-over-year?
Wrap Technologies's total revenue increased by 102.8% year-over-year, from $1.01M to $2.05M.
What is the long-term trend for Wrap Technologies's total revenue?
Over 4 years (2021 to 2025), Wrap Technologies's total revenue has grown at a -23.5% compound annual growth rate (CAGR), from $13.65M to $4.67M.
What does total revenue mean?
The aggregate of all revenue from the company's operations — the top line from which all profitability metrics are derived.

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