8-K Announcements
6Mar 26, 2026·SEC
Feb 4, 2026·SEC
Dec 17, 2025·SEC
Wrap Technologies, Inc. (WRAP) fundamental analysis — strengths, weaknesses & financial health based on data analysis
No significant strengths identified
* These insights are generated automatically based on available financial data. Please conduct your own research before making investment decisions.
Wrap Technologies, Inc. (WRAP) stock price & volume — 10-year historical chart
Wrap Technologies, Inc. (WRAP) revenue, earnings & EPS growth — 3, 5 & 10-year CAGR
Wrap Technologies, Inc. (WRAP) competitors in Security, Safety and Public Safety Hardware — business model, growth, and fundamentals comparison
Wrap Technologies, Inc. (WRAP) vs competitors — business, growth, and fundamentals comparison against the closest industry rivals.
Wrap Technologies, Inc. (WRAP) annual income statement — 10-year revenue, gross profit & net income history
| Line item | Dec'17 | Dec'18 | Dec'19 | Dec'20 | Dec'21 | Dec'22 | Dec'23 | Dec'24 | Dec'25 |
|---|---|---|---|---|---|---|---|---|---|
| Sales/Revenue | 0 | 23.15K | 696.79K | 3.94M | 7.73M | 8.05M | 6.13M | 4.51M | 5.2M |
| Revenue Growth % | - | - | 2909.89% | 466.02% | 95.97% | 4.14% | -23.8% | -26.51% | 15.44% |
| Cost of Goods Sold | 6.66K | 18.61K | 420.02K | 2.6M | 4.99M | 4.32M | 3.23M | 2.04M | 2.5M |
| COGS % of Revenue | - | 80.39% | 60.28% | 65.95% | 64.52% | 53.61% | 52.62% | 45.31% | 48.13% |
| Gross Profit | -6.66K▲ 0% | 4.54K▲ 168.1% | 276.77K▲ 5997.7% | 1.34M▲ 385.2% | 2.74M▲ 104.2% | 3.73M▲ 36.2% | 2.91M▼ 22.2% | 2.46M▼ 15.2% | 2.7M▲ 9.5% |
| Gross Margin % | - | 19.61% | 39.72% | 34.05% | 35.48% | 46.39% | 47.38% | 54.69% | 51.87% |
| Gross Profit Growth % | - | 168.14% | 5997.69% | 385.23% | 104.17% | 36.18% | -22.17% | -15.18% | 9.49% |
| Operating Expenses | 833.54K | 3.34M | 8.89M | 14.42M | 27.24M | 21.46M | 21.63M | 18.03M | 16.18M |
| OpEx % of Revenue | - | 14437.03% | 1275.92% | 365.62% | 352.4% | 266.67% | 352.65% | 400.09% | 311.05% |
| Selling, General & Admin | 522.21K | 2.61M | 6.65M | 11.63M | 20.28M | 16.39M | 18.36M | 14.06M | 16.13M |
| SG&A % of Revenue | - | 11263.05% | 954.87% | 294.9% | 262.34% | 203.58% | 299.38% | 311.89% | 309.97% |
| Research & Development | 311.33K | 734.78K | 2.24M | 2.79M | 6.21M | 5.08M | 3.27M | 2.34M | 56K |
| R&D % of Revenue | - | 3173.98% | 321.04% | 70.71% | 80.4% | 63.09% | 53.27% | 52.01% | 1.08% |
| Other Operating Expenses | 0 | -409 | 0 | 0 | 747K | -1 | 0 | 1.63M | 0 |
| Operating Income | -833.54K▲ 0% | -3.34M▼ 300.4% | -8.61M▼ 158.1% | -13.08M▼ 51.8% | -24.5M▼ 87.3% | -17.73M▲ 27.6% | -18.72M▼ 5.6% | -15.57M▲ 16.9% | -13.48M▲ 13.4% |
| Operating Margin % | - | -14417.43% | -1236.19% | -331.57% | -316.92% | -220.28% | -305.27% | -345.4% | -259.18% |
| Operating Income Growth % | -196.4% | -300.41% | -158.08% | -51.82% | -87.31% | 27.62% | -5.59% | 16.85% | 13.37% |
| EBITDA | -826.88K | -3.32M | -8.49M | -12.91M | -24.02M | -16.97M | -17.9M | -14.74M | -12.89M |
| EBITDA Margin % | - | -14322.93% | -1217.97% | -327.43% | -310.74% | -210.81% | -291.85% | -327.05% | -247.76% |
| EBITDA Growth % | -195.68% | -300.99% | -155.95% | -52.17% | -85.98% | 29.35% | -5.49% | 17.65% | 12.54% |
| D&A (Non-Cash Add-back) | 6.66K | 21.88K | 127.01K | 163K | 478K | 762K | 823K | 827K | 594K |
| EBIT | -833.54K | -3.34M | -8.33M | -13.08M | -23.75M | -17.73M | -18.72M | -13.94M | -13.48M |
| Net Interest Income | 0 | 1.61K | 291.49K | 83.27K | 31K | 52K | 375K | 156K | 7K |
| Interest Income | 0 | 2.91K | 291.49K | 83K | 31K | 52K | 375K | 156K | 7K |
| Interest Expense | 0 | 1.3K | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Income/Expense | 0 | 1.2K | 288.19K | 497K | 46K | 113K | -11.5M | 9.69M | 3.15M |
| Pretax Income | -833.54K▲ 0% | -3.34M▼ 300.3% | -8.33M▼ 149.5% | -12.58M▼ 51.1% | -24.45M▼ 94.3% | -17.62M▲ 27.9% | -30.22M▼ 71.5% | -5.88M▲ 80.6% | -10.34M▼ 75.9% |
| Pretax Margin % | - | -14412.25% | -1194.83% | -318.97% | -316.33% | -218.87% | -492.74% | -130.35% | -198.64% |
| Income Tax | -5 | 895 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Effective Tax Rate % | 0% | -0.03% | 0% | 0% | 0% | 0% | 0% | 0% | 0% |
| Net Income | -833.54K▲ 0% | -3.34M▼ 300.3% | -8.33M▼ 149.5% | -12.58M▼ 51.1% | -24.45M▼ 94.3% | -17.62M▲ 27.9% | -30.22M▼ 71.5% | -5.88M▲ 80.6% | -10.34M▼ 75.9% |
| Net Margin % | - | -14412.25% | -1194.83% | -318.97% | -316.33% | -218.87% | -492.74% | -130.35% | -198.64% |
| Net Income Growth % | -196.4% | -300.27% | -149.53% | -51.1% | -94.35% | 27.94% | -71.54% | 80.56% | -75.91% |
| Net Income (Continuing) | -833.54K | -3.34M | -8.33M | -12.58M | -24.45M | -17.62M | -30.22M | -5.88M | -10.34M |
| Discontinued Operations | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Minority Interest | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| EPS (Diluted) | -0.04▲ 0% | -0.14▼ 282.5% | -0.29▼ 107.1% | -0.37▼ 27.6% | -0.62▼ 67.6% | -0.42▲ 32.3% | -0.72▼ 71.4% | -0.16▲ 77.8% | -0.22▼ 37.5% |
| EPS Growth % | 2.92% | -282.51% | -107.14% | -27.59% | -67.57% | 32.26% | -71.43% | 77.78% | -37.5% |
| EPS (Basic) | -0.04 | -0.14 | -0.29 | -0.37 | -0.62 | -0.42 | -0.72 | -0.16 | -0.22 |
| Diluted Shares Outstanding | 22.8M | 23.58M | 28.65M | 33.85M | 39.28M | 41.17M | 42.32M | 45.62M | 50.39M |
| Basic Shares Outstanding | 22.8M | 23.58M | 28.65M | 33.85M | 39.28M | 41.17M | 42.32M | 45.62M | 50.39M |
| Dividend Payout Ratio | - | - | - | - | - | - | - | - | - |
Wrap Technologies, Inc. (WRAP) balance sheet — assets, liabilities & shareholders' equity
| Line item | Dec'17 | Dec'18 | Dec'19 | Dec'20 | Dec'21 | Dec'22 | Dec'23 | Dec'24 | Dec'25 |
|---|---|---|---|---|---|---|---|---|---|
| Total Current Assets | 3.23M | 12.64M | 19.67M | 46.93M | 41.21M | 26.86M | 21.23M | 10.47M | 11.42M |
| Cash & Short-Term Investments | 3.08M | 12.36M | 16.98M | 41.64M | 34.92M | 19.28M | 11.46M | 3.61M | 3.47M |
| Cash Only | 3.08M | 12.36M | 16.98M | 16.65M | 4.94M | 5.33M | 3.96M | 3.61M | 3.47M |
| Short-Term Investments | 0 | 0 | 0 | 24.99M | 29.98M | 13.95M | 7.5M | 0 | 0 |
| Accounts Receivable | -11.45K | 4.4K | 195.35K | 1.87M | 3.86M | 2.83M | 3.02M | 513K | 2.79M |
| Days Sales Outstanding | - | 69.31 | 102.33 | 173.15 | 182.24 | 128.33 | 180.03 | 41.55 | 195.51 |
| Inventory | 131.19K | 158.27K | 2.24M | 2.65M | 1.57M | 3.98M | 5.79M | 6.17M | 4.97M |
| Days Inventory Outstanding | 7.19K | 3.1K | 1.95K | 372.58 | 114.62 | 336.24 | 655.35 | 1.1K | 724.61 |
| Other Current Assets | 11.45K | 0 | 0 | 555 | 0 | 775K | 953K | 178K | 194K |
| Total Non-Current Assets | 38.18K | 150.6K | 746.77K | 1.91M | 3.02M | 3.71M | 7.27M | 4.65M | 4.55M |
| Property, Plant & Equipment | 36.67K | 30.37K | 503.81K | 496K | 1.03M | 1.04M | 2.77M | 2.11M | 2.3M |
| Fixed Asset Turnover | - | 0.76x | 1.38x | 7.95x | 7.53x | 7.72x | 2.22x | 2.14x | 2.26x |
| Goodwill | 0 | -118.71B | 0 | 0 | 0 | 0 | 1.61M | 0 | 0 |
| Intangible Assets | 0 | 118.72B | 230.28K | 1.4M | 1.98M | 2.57M | 2.65M | 2.35M | 1.57M |
| Long-Term Investments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Non-Current Assets | 1.51K | 1.51K | 12.68K | 13K | 9K | 100K | 251K | 186K | 684K |
| Total Assets | 3.26M▲ 0% | 12.79M▲ 291.7% | 20.42M▲ 59.7% | 48.83M▲ 139.1% | 44.23M▼ 9.4% | 30.57M▼ 30.9% | 28.5M▼ 6.8% | 15.12M▼ 46.9% | 15.97M▲ 5.6% |
| Asset Turnover | - | 0.00x | 0.03x | 0.08x | 0.17x | 0.26x | 0.22x | 0.30x | 0.33x |
| Asset Growth % | 1013.85% | 291.66% | 59.7% | 139.13% | -9.42% | -30.88% | -6.77% | -46.95% | 5.64% |
| Total Current Liabilities | 192.48K | 397.37K | 1.08M | 2.34M | 2.86M | 3.16M | 23.53M | 13.2M | 1.82M |
| Accounts Payable | 36.16K | 232.91K | 406.97K | 1.23M | 1.78M | 1.42M | 1.11M | 609K | 620K |
| Days Payables Outstanding | 1.98K | 4.57K | 353.66 | 172.89 | 130.21 | 120.03 | 125.55 | 108.86 | 90.38 |
| Short-Term Debt | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 320K |
| Deferred Revenue (Current) | 0 | 0 | 346.41K | 18K | 198K | 166K | 407K | 766K | 62K |
| Other Current Liabilities | 900 | 68.45K | 144.19K | 838K | 628K | 1.1M | 21.07M | 10.15M | 815K |
| Current Ratio | 16.76x | 31.80x | 18.29x | 20.05x | 14.43x | 8.51x | 0.90x | 0.79x | 6.29x |
| Quick Ratio | 16.08x | 31.40x | 16.20x | 18.92x | 13.88x | 7.25x | 0.66x | 0.33x | 3.55x |
| Cash Conversion Cycle | - | -1.39K | 1.7K | 372.84 | 166.65 | 344.54 | 709.83 | 1.04K | 829.74 |
| Total Non-Current Liabilities | 36.16K | 232.91K | 150.02K | 79K | 110K | 360K | 1.81M | 1.67M | 2.67M |
| Long-Term Debt | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 2.1M |
| Capital Lease Obligations | 0 | 0 | 150.02K | 56K | 0 | 193K | 1.67M | 1.63M | 0 |
| Deferred Tax Liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 556K |
| Other Non-Current Liabilities | 0 | 0 | 0 | 23K | 0 | 0 | 0 | 0 | 0 |
| Total Liabilities | 192.48K | 397.37K | 1.23M | 2.42M | 2.97M | 3.52M | 25.34M | 14.87M | 4.48M |
| Total Debt | 0 | 0 | 278.15K | 150K | 56K | 301K | 2.29M | 2.2M | 2.42M |
| Net Debt | -3.08M | -12.36M | -16.71M | -16.5M | -4.88M | -5.03M | -1.67M | -1.41M | -1.05M |
| Debt / Equity | - | - | 0.01x | 0.00x | 0.00x | 0.01x | 0.72x | 8.78x | 0.21x |
| Debt / EBITDA | - | - | - | - | - | - | - | - | - |
| Net Debt / EBITDA | - | - | - | - | - | - | - | - | - |
| Interest Coverage | - | -2557.62x | - | - | - | - | - | - | - |
| Total Equity | 3.07M▲ 0% | 12.39M▲ 303.3% | 19.2M▲ 54.9% | 46.41M▲ 141.8% | 41.26M▼ 11.1% | 27.05M▼ 34.4% | 3.16M▼ 88.3% | 250K▼ 92.1% | 11.49M▲ 4496.0% |
| Equity Growth % | 1376.05% | 303.27% | 54.93% | 141.79% | -11.1% | -34.43% | -88.31% | -92.1% | 4496% |
| Book Value per Share | 0.13 | 0.53 | 0.67 | 1.37 | 1.05 | 0.66 | 0.07 | 0.01 | 0.23 |
| Total Shareholders' Equity | 3.07M | 12.39M | 19.2M | 46.41M | 41.26M | 27.05M | 3.16M | 250K | 11.49M |
| Common Stock | 2.28K | 2.74K | 2.98K | 4K | 4K | 4K | 4K | 5K | 5K |
| Retained Earnings | -1.07M | -4.4M | -12.73M | -25.31M | -49.76M | -67.38M | -97.99M | -105.08M | -116.32M |
| Treasury Stock | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Accumulated OCI | 0 | 0 | 0 | 15K | -6K | 94K | 0 | 0 | 0 |
| Minority Interest | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Wrap Technologies, Inc. (WRAP) cash flow — operating, investing & free cash flow history
| Line item | Dec'17 | Dec'18 | Dec'19 | Dec'20 | Dec'21 | Dec'22 | Dec'23 | Dec'24 | Dec'25 |
|---|---|---|---|---|---|---|---|---|---|
| Cash from Operations | -833.71K | -2.69M | -8.49M | -12.19M | -18.22M | -14.6M | -16.7M | -8.13M | -10.29M |
| Operating CF Margin % | - | -11629.1% | -1217.82% | -309% | -235.77% | -181.43% | -272.35% | -180.28% | -197.75% |
| Operating CF Growth % | -290.55% | -222.91% | -215.2% | -43.62% | -49.53% | 19.86% | -14.38% | 51.36% | -26.63% |
| Net Income | -833.54K | -3.34M | -8.33M | -12.58M | -24.45M | -17.62M | -30.22M | -5.88M | -11.24M |
| Depreciation & Amortization | 6.66K | 21.88K | 46.95K | 163K | 567K | 863K | 962K | 1.12M | 594K |
| Stock-Based Compensation | 26K | 512.99K | 1.54M | 2.24M | 0 | 0 | 0 | 0 | 4.08M |
| Deferred Taxes | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Non-Cash Items | -26K | 391.46K | 2.66K | -321K | 6.59M | 3.51M | 15.88M | -5.34M | -1.75M |
| Working Capital Changes | -6.83K | 109.44K | -1.75M | -1.69M | -935K | -1.36M | -3.33M | 1.97M | -1.97M |
| Change in Receivables | 74.27K | -4.4K | -190.95K | -1.69M | -2.11M | 957K | -696K | 2.45M | -2.39M |
| Change in Inventory | -131.19K | -27.07K | -1.89M | -343K | 559K | -2.41M | -2.22M | -391K | 1.16M |
| Change in Payables | 24.1K | 196.75K | 174.05K | 825K | 546K | -360K | -617K | -441K | 11K |
| Cash from Investing | -35.1K | -134.29K | -382.19K | -26.11M | -6.94M | 14.91M | 5.18M | 7.31M | -387K |
| Capital Expenditures | -35.1K | -134.29K | -371.02K | -921K | -1.93M | -1.13M | -623K | -168K | -387K |
| CapEx % of Revenue | - | 580.11% | 53.25% | 23.35% | 25% | 14.03% | 10.16% | 3.73% | 7.44% |
| Acquisitions | 0 | 0 | 0 | -210K | 0 | 0 | -554K | -20K | 0 |
| Investments | - | - | - | - | - | - | - | - | - |
| Other Investing | -35.1K | -120.07K | 0 | 0 | 4K | -92K | 0 | 0 | 0 |
| Cash from Financing | 3.7M | 12.1M | 13.49M | 37.96M | 13.45M | 83K | 10.15M | 468K | 10.53M |
| Debt Issued (Net) | 0 | -39.44K | 0 | 414K | -275K | 0 | 0 | 0 | 0 |
| Equity Issued (Net) | 3.77M | 13.68M | 12.5M | 12.4M | 13.72M | 83K | 10.21M | 588K | 10.53M |
| Dividends Paid | 0 | 0 | 0 | 0 | 0 | 0 | -58K | -120K | -1.07M |
| Share Repurchases | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Financing | -70.08K | -1.54M | 992.8K | 25.15M | 0 | 0 | 0 | 0 | 1.07M |
| Net Change in Cash | 2.83M▲ 0% | 9.27M▲ 227.9% | 4.62M▼ 50.1% | -337K▼ 107.3% | -11.71M▼ 3374.7% | 393K▲ 103.4% | -1.38M▼ 449.9% | -345K▲ 74.9% | -142K▲ 58.8% |
| Free Cash Flow | -868.81K▲ 0% | -2.83M▼ 225.3% | -8.86M▼ 213.4% | -13.11M▼ 48.0% | -19.22M▼ 46.6% | -14.86M▲ 22.7% | -16.93M▼ 14.0% | -8.14M▲ 51.9% | -10.39M▼ 27.7% |
| FCF Margin % | - | -12209.21% | -1271.06% | -332.35% | -248.65% | -184.61% | -276.1% | -180.54% | -199.67% |
| FCF Growth % | -286.29% | -225.32% | -213.35% | -48% | -46.61% | 22.68% | -13.96% | 51.95% | -27.68% |
| FCF per Share | -0.04 | -0.12 | -0.31 | -0.39 | -0.49 | -0.36 | -0.40 | -0.18 | -0.21 |
| FCF Conversion (FCF/Net Income) | 1.00x | 0.81x | 1.02x | 0.97x | 0.75x | 0.83x | 0.55x | 1.38x | 1.00x |
| Interest Paid | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Taxes Paid | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Wrap Technologies, Inc. (WRAP) financial ratios — P/E, ROE, debt and 30+ core market and balance-sheet ratios
| Metric | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|---|---|---|---|
| Return on Equity (ROE) | -135.11% | -50.82% | -43.16% | -52.72% | -38.35% | -55.77% | -51.57% | -200.01% | -344.27% | -176.06% |
| Return on Invested Capital (ROIC) | - | - | -26215.9% | -512.58% | -60.53% | -55.42% | -45.53% | -119.4% | -7054.53% | -218.09% |
| Gross Margin | - | - | 19.61% | 39.72% | 34.05% | 35.48% | 46.39% | 47.38% | 54.69% | 51.87% |
| Net Margin | - | - | -14412.25% | -1194.83% | -318.97% | -316.33% | -218.87% | -492.74% | -130.35% | -198.64% |
| Debt / Equity | - | - | - | 0.01x | 0.00x | 0.00x | 0.01x | 0.72x | 8.78x | 0.21x |
| Interest Coverage | - | - | -2557.62x | - | - | - | - | - | - | - |
| FCF Conversion | 0.76x | 1.00x | 0.81x | 1.02x | 0.97x | 0.75x | 0.83x | 0.55x | 1.38x | 1.00x |
| Revenue Growth | - | - | - | 2909.89% | 466.02% | 95.97% | 4.14% | -23.8% | -26.51% | 15.44% |
Wrap Technologies, Inc. (WRAP) SEC filings — annual & quarterly reports (10-K, 10-Q)
Mar 26, 2026·SEC
Feb 4, 2026·SEC
Dec 17, 2025·SEC
Wrap Technologies, Inc. (WRAP) stock FAQ — growth, dividends, profitability & financials explained
Wrap Technologies, Inc. (WRAP) reported $4.7M in revenue for fiscal year 2025.
Wrap Technologies, Inc. (WRAP) grew revenue by 15.4% over the past year. This is strong growth.
Wrap Technologies, Inc. (WRAP) reported a net loss of $10.3M for fiscal year 2025.
Yes, Wrap Technologies, Inc. (WRAP) pays a dividend with a yield of 1.42%. This makes it attractive for income-focused investors.
Wrap Technologies, Inc. (WRAP) has a return on equity (ROE) of -176.1%. Negative ROE indicates the company is unprofitable.
Wrap Technologies, Inc. (WRAP) had negative free cash flow of $10.9M in fiscal year 2025, likely due to heavy capital investments.
Wrap Technologies, Inc. (WRAP) financial analysis — history, returns, DCA and operating performance tools
Historical returns with dividends reinvested
Dollar cost averaging vs lump sum
Yield, growth, payout safety & DRIP
EPS trends, net income & profitability
Long-term charts & historical price data
Sales growth patterns & revenue breakdown
30 years of market, efficiency and balance-sheet ratios
DCF intrinsic value, peer multiples & estimates