WRAP TECHNOLOGIES, INC.WRAPEarnings & Financial Report
Nasdaq
WRAP Q3 2025 Key Financial Metrics
Revenue
$1.5M
Gross Profit
$883.0K
Operating Profit
$-2.8M
Net Profit
$-2.8M
Gross Margin
59.2%
Operating Margin
-185.2%
Net Margin
-186.0%
YoY Growth
151.4%
EPS
$-0.06
Financial Flow
WRAP TECHNOLOGIES, INC. Q3 2025 Financial Summary
WRAP TECHNOLOGIES, INC. reported revenue of $1.5M for Q3 2025, with a net profit of $-2.8M (-186.0% margin). Cost of goods sold was $608.0K, operating expenses totaled $3.6M.
Key Financial Metrics
| Total Revenue | $1.5M |
|---|---|
| Net Profit | $-2.8M |
| Gross Margin | 59.2% |
| Operating Margin | -185.2% |
| Report Period | Q3 2025 |
WRAP TECHNOLOGIES, INC. Annual Revenue by Year
WRAP TECHNOLOGIES, INC. annual revenue history includes year-by-year totals (for example, 2024 revenue was $4.5M).
| Year | Annual Revenue |
|---|---|
| 2024 | $4.5M |
| 2023 | $6.1M |
| 2022 | $8.0M |
Income Statement
| Q4 2023 | Q1 2024 | Q2 2024 | Q3 2024 | Q4 2024 | Q1 2025 | Q2 2025 | Q3 2025 | |
|---|---|---|---|---|---|---|---|---|
| Revenue | $589000 | $1.5M | $1.6M | $593000 | $865000 | $765000 | $1.0M | $1.5M |
| YoY Growth | -83.6% | 107.6% | 30.9% | -83.7% | 46.9% | -48.2% | -35.7% | 151.4% |
Balance Sheet
| Q4 2023 | Q1 2024 | Q2 2024 | Q3 2024 | Q4 2024 | Q1 2025 | Q2 2025 | Q3 2025 | |
|---|---|---|---|---|---|---|---|---|
| Assets | $28.5M | $24.8M | $21.8M | $18.8M | $15.1M | $18.0M | $15.6M | $18.2M |
| Liabilities | $25.3M | $20.3M | $17.9M | $12.4M | $14.9M | $15.4M | $3.9M | $4.1M |
| Equity | $3.2M | $4.5M | $3.8M | $6.4M | $250000 | $2.6M | $11.8M | $14.1M |
Cash Flow
| Q4 2023 | Q1 2024 | Q2 2024 | Q3 2024 | Q4 2024 | Q1 2025 | Q2 2025 | Q3 2025 | |
|---|---|---|---|---|---|---|---|---|
| Operating CF | $-3.8M | $-3.7M | $-3.5M | $330000 | $-1.2M | $-3.1M | $-1.9M | $-2.6M |