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Wrap Technologies WRAP Wrap Tactics — 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%

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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 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 wrap tactics — deferred revenue?
Wrap Technologies (WRAP) reported wrap tactics — deferred revenue of $10K in Q1 2026.
What does wrap tactics — deferred revenue mean?
This metric represents the total value of deferred revenue or performance obligations related to the Wrap Tactics segment that have been invoiced or collected but not yet recognized as revenue. It reflects the company's future service delivery commitments to law enforcement and security clients for training, support, or product-related services. Monitoring this balance provides insight into the backlog of contracted business and the timing of future revenue recognition for this specific product line.