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Wrap Technologies WRAP Customer Deposits — Deferred Revenue

Other product segments

Extended Warranties And Services VR And Training
$460K+31.4%
Extended Warranties And Software VR And Training
$422K
WRAP Ready
$27K
Technology Service
$21K
Training
$14K+180%
Wrap Tactics
$10K

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$1.31M-61.1%
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$2.64M+12.5%
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CNKOther Deferred Revenues — Deferred Revenue
$272.6M+5.7%
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OSISContract With Customer Liability Customer Deposits And Prepayments
$60M-4.7%
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BWENContract With Customers Deposits Current
$2.38M-73.2%
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EXTROther Deferred Revenue — Deferred Revenue
$14.13M-30.6%

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 / 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 us-gaap:ContractWithCustomerLiability.

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 customer deposits — deferred revenue?
Wrap Technologies (WRAP) reported customer deposits — deferred revenue of $51K in Q1 2026.
How has Wrap Technologies's customer deposits — deferred revenue changed year-over-year?
Wrap Technologies's customer deposits — deferred revenue increased by 88.9% year-over-year, from $27K to $51K.
What is the long-term trend for Wrap Technologies's customer deposits — deferred revenue?
Over 3 years (2022 to 2025), Wrap Technologies's customer deposits — deferred revenue has grown at a 253.7% compound annual growth rate (CAGR), from $4K to $177K.
What does customer deposits — deferred revenue mean?
This metric represents the total outstanding balance of deferred revenue or customer advances related to specific product or service segments. It reflects the company's obligation to provide goods or services to customers for which payment has already been received. This balance serves as a key indicator of future revenue recognition potential and customer commitment.