WRAP Wrap Technologies, Inc.
Price Chart
Executive Summary
Wrap Technologies reported Q4 and full-year 2025 results with strong quarterly revenue growth (62% YoY), expanding gross margins (52%), and reduced operating expenses, driving improved losses. Full-year revenue rose 15% to $5.2M, supported by services growth from the W1 acquisition and a strategic shift toward integrated, fleet-wide deployments. The company projects ~100% revenue growth in 2026, backed by federal market expansion and recurring subscription services.
Key Financial Metrics
Actionable Insight
The combination of accelerating revenue, margin expansion, cost discipline, and a clear path to recurring revenue via subscriptions suggests Wrap is transitioning toward sustainable growth. Traders should monitor execution on the 100% 2026 revenue target, particularly federal contract wins and international scale.
Key Facts
- Q4 2025 revenue up 62% YoY to $1.4M, with product sales more than doubling to $1.2M
- Gross margin expanded to 52% in Q4 from 47% in Q4 2024
- Operating expenses down 7% in Q4 and 10% for full year 2025
- Full-year 2025 revenue increased 15% to $5.2M from $4.5M in 2024
- Company projects approximately 100% revenue growth in 2026
- Over 10,000 active BolaWrap units deployed, with 76% on the BolaWrap 150 platform
- Expanded into Indian market and launched new products including WrapVision and WrapTactics
Financial Impact
Revenue growth accelerating into 2026 with $1.4M in Q4 2025 and a target of ~100% annual growth; gross margin improvement to 52% enhances profitability trajectory
Risk Factors
- Forward-looking revenue target of ~100% growth is ambitious and not guaranteed
- Net loss widened for the full year 2025 to $(10.3)M due to non-cash warrant adjustments, despite operational improvements
- Execution risk in scaling federal and international sales, which typically involve long cycles
Market Snapshot
Documents Analyzed
This report is based on 1 press release from GlobeNewswire.
| Document | Accession Number |
|---|---|
| PRESS-RELEASE Data (Synthetic) | press-3263380 |
Track record builds as more directional reports settle.
Filters
| Type | Now | ||||
|---|---|---|---|---|---|
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May 13, 2026
4w ago
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8-K
| $1.65 $1.45 | ▼ −12.12% | ▼ −11.40% | $1.31 (−20.61%) |
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May 13, 2026
4w ago
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Press Release
| $1.65 $1.45 | ▼ −12.12% | ▼ −11.40% | $1.31 (−20.61%) |
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Apr 24, 2026
7w ago
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Press Release
| $1.60 $1.54 | ▼ −3.75% | ▼ −4.66% | $1.31 (−18.13%) |
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Apr 22, 2026
7w ago
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Press Release
| $1.57 $1.58 | ▲ +0.32% | ▲ +0.26% | $1.31 (−16.56%) |
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Apr 16, 2026
8w ago
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Press Release
| $1.46 $1.48 | ▲ +1.37% | ▲ +0.39% | $1.31 (−10.27%) |
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Mar 26, 2026
11w ago
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Press Release
| $1.50 $1.55 | ▲ +3.33% | ▼ −0.53% | $1.31 (−12.67%) |
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Mar 23, 2026
11w ago
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Press Release
| $1.45 $1.38 | ▼ −4.83% | ▼ −1.26% | $1.31 (−9.66%) |
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Mar 18, 2026
12w ago
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Press Release
| $1.47 $1.54 | ▲ +4.76% | ▲ +5.48% | $1.31 (−10.88%) |
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Mar 5, 2026
14w ago
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Press Release
| $1.54 $1.62 | ▲ +5.19% | ▲ +7.43% | $1.31 (−14.94%) |
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Mar 2, 2026
14w ago
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Press Release
| $1.75 $1.60 | ▼ −8.57% | ▼ −7.36% | $1.31 (−25.14%) |
US Market Status
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