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Wrap Technologies WRAP Training — 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
Wrap Tactics
$10K

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FDMTDeferred Revenue — Deferred Revenue
$2.49M

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 training — deferred revenue?
Wrap Technologies (WRAP) reported training — deferred revenue of $14K in Q1 2026.
How has Wrap Technologies's training — deferred revenue changed year-over-year?
Wrap Technologies's training — deferred revenue increased by 180.0% year-over-year, from $5K to $14K.
What does training — deferred revenue mean?
This metric represents the deferred revenue or unearned income associated with training services provided to law enforcement and security clients. It reflects the obligation to deliver future training sessions for which payment has already been received or invoiced. Monitoring this balance provides insight into the backlog of service obligations and the future revenue recognition potential within the training segment.