vs

Side-by-side financial comparison of PMV Pharmaceuticals, Inc. (PMVP) and WRAP TECHNOLOGIES, INC. (WRAP). Click either name above to swap in a different company.

WRAP TECHNOLOGIES, INC. is the larger business by last-quarter revenue ($1.4M vs $1.2M, roughly 1.1× PMV Pharmaceuticals, Inc.). WRAP TECHNOLOGIES, INC. runs the higher net margin — -280.9% vs -1464.0%, a 1183.1% gap on every dollar of revenue. On growth, WRAP TECHNOLOGIES, INC. posted the faster year-over-year revenue change (62.3% vs -46.1%). WRAP TECHNOLOGIES, INC. produced more free cash flow last quarter ($-2.7M vs $-17.2M). Over the past eight quarters, WRAP TECHNOLOGIES, INC.'s revenue compounded faster (-2.5% CAGR vs -35.4%).

PMV Pharmaceuticals, Inc. is a clinical-stage biopharmaceutical company focused on developing precision oncology therapies targeting mutations in the p53 tumor suppressor gene, one of the most frequently altered genes in human cancers. Its lead product candidates address unmet medical needs for patients with hard-to-treat solid and hematologic malignancies, serving global oncology patient segments.

Wrap Technologies, Inc. develops non-lethal safety solutions for law enforcement, corrections, and private security sectors across North America and global markets. Its core products include remote restraint devices and training services designed to reduce use-of-force injuries and improve public safety outcomes.

PMVP vs WRAP — Head-to-Head

Bigger by revenue
WRAP
WRAP
1.1× larger
WRAP
$1.4M
$1.2M
PMVP
Growing faster (revenue YoY)
WRAP
WRAP
+108.4% gap
WRAP
62.3%
-46.1%
PMVP
Higher net margin
WRAP
WRAP
1183.1% more per $
WRAP
-280.9%
-1464.0%
PMVP
More free cash flow
WRAP
WRAP
$14.5M more FCF
WRAP
$-2.7M
$-17.2M
PMVP
Faster 2-yr revenue CAGR
WRAP
WRAP
Annualised
WRAP
-2.5%
-35.4%
PMVP

Income Statement — Q4 FY2025 vs Q4 FY2025

Metric
PMVP
PMVP
WRAP
WRAP
Revenue
$1.2M
$1.4M
Net Profit
$-18.0M
$-3.9M
Gross Margin
52.3%
Operating Margin
-1561.8%
-281.1%
Net Margin
-1464.0%
-280.9%
Revenue YoY
-46.1%
62.3%
Net Profit YoY
21.6%
48.1%
EPS (diluted)
$-0.33

Green = leading value per metric. Periods may differ when fiscal calendars don't align.

8-Quarter Revenue & Profit Trend

Side-by-side quarterly history. Quarters aligned by calendar period so offset fiscal years line up.

Revenue
PMVP
PMVP
WRAP
WRAP
Q4 25
$1.2M
$1.4M
Q3 25
$1.5M
$1.5M
Q2 25
$1.7M
$1.0M
Q1 25
$1.9M
$765.0K
Q4 24
$2.3M
$865.0K
Q3 24
$2.6M
$593.0K
Q2 24
$2.8M
$1.6M
Q1 24
$3.0M
$1.5M
Net Profit
PMVP
PMVP
WRAP
WRAP
Q4 25
$-18.0M
$-3.9M
Q3 25
$-21.1M
$-2.8M
Q2 25
$-21.2M
$-3.7M
Q1 25
$-17.4M
$109.0K
Q4 24
$-23.0M
$-7.6M
Q3 24
$-19.2M
$2.0M
Q2 24
$-1.2M
$-385.0K
Q1 24
$-15.3M
$117.0K
Gross Margin
PMVP
PMVP
WRAP
WRAP
Q4 25
52.3%
Q3 25
59.2%
Q2 25
48.1%
Q1 25
77.8%
Q4 24
47.4%
Q3 24
39.6%
Q2 24
62.6%
Q1 24
56.6%
Operating Margin
PMVP
PMVP
WRAP
WRAP
Q4 25
-1561.8%
-281.1%
Q3 25
-1521.8%
-185.2%
Q2 25
-1353.8%
-282.2%
Q1 25
-1114.4%
-512.7%
Q4 24
-1100.5%
-535.5%
Q3 24
-837.0%
-611.5%
Q2 24
-720.1%
-201.5%
Q1 24
-617.2%
-280.4%
Net Margin
PMVP
PMVP
WRAP
WRAP
Q4 25
-1464.0%
-280.9%
Q3 25
-1422.9%
-186.0%
Q2 25
-1255.0%
-368.3%
Q1 25
-901.1%
14.2%
Q4 24
-1005.7%
-878.3%
Q3 24
-735.2%
335.6%
Q2 24
-43.3%
-24.5%
Q1 24
-517.3%
7.9%
EPS (diluted)
PMVP
PMVP
WRAP
WRAP
Q4 25
$-0.33
Q3 25
$-0.40
$-0.06
Q2 25
$-0.41
$-0.07
Q1 25
$-0.34
Q4 24
$-0.45
Q3 24
$-0.37
$0.04
Q2 24
$-0.02
$-0.02
Q1 24
$-0.30

Balance Sheet & Financial Strength

Snapshot of each company's liquidity, leverage and book value from the latest quarter.

Metric
PMVP
PMVP
WRAP
WRAP
Cash + ST InvestmentsLiquidity on hand
$112.9M
$3.5M
Total DebtLower is stronger
Stockholders' EquityBook value
$104.7M
$11.5M
Total Assets
$116.6M
$15.4M
Debt / EquityLower = less leverage

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
PMVP
PMVP
WRAP
WRAP
Q4 25
$112.9M
$3.5M
Q3 25
$129.3M
$6.0M
Q2 25
$142.3M
$4.2M
Q1 25
$160.4M
$6.2M
Q4 24
$169.5M
$3.6M
Q3 24
$182.8M
$4.9M
Q2 24
$212.9M
$4.6M
Q1 24
$197.9M
$8.2M
Stockholders' Equity
PMVP
PMVP
WRAP
WRAP
Q4 25
$104.7M
$11.5M
Q3 25
$121.0M
$14.1M
Q2 25
$140.6M
$11.8M
Q1 25
$160.1M
$2.6M
Q4 24
$176.1M
$250.0K
Q3 24
$197.9M
$6.4M
Q2 24
$214.3M
$3.8M
Q1 24
$212.7M
$4.5M
Total Assets
PMVP
PMVP
WRAP
WRAP
Q4 25
$116.6M
$15.4M
Q3 25
$133.8M
$18.2M
Q2 25
$152.9M
$15.6M
Q1 25
$170.6M
$18.0M
Q4 24
$191.3M
$15.1M
Q3 24
$223.5M
$18.8M
Q2 24
$237.5M
$21.8M
Q1 24
$236.9M
$24.8M

Cash Flow & Capital Efficiency

How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.

Metric
PMVP
PMVP
WRAP
WRAP
Operating Cash FlowLast quarter
$-17.2M
$-2.7M
Free Cash FlowOCF − Capex
$-17.2M
$-2.7M
FCF MarginFCF / Revenue
-1396.4%
-190.3%
Capex IntensityCapex / Revenue
1.2%
0.5%
Cash ConversionOCF / Net Profit
TTM Free Cash FlowTrailing 4 quarters
$-73.6M
$-10.4M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
PMVP
PMVP
WRAP
WRAP
Q4 25
$-17.2M
$-2.7M
Q3 25
$-19.8M
$-2.6M
Q2 25
$-18.3M
$-1.9M
Q1 25
$-18.3M
$-3.1M
Q4 24
$-16.7M
$-1.2M
Q3 24
$-16.8M
$330.0K
Q2 24
$-1.6M
$-3.5M
Q1 24
$-16.2M
$-3.7M
Free Cash Flow
PMVP
PMVP
WRAP
WRAP
Q4 25
$-17.2M
$-2.7M
Q3 25
$-19.8M
$-2.7M
Q2 25
$-18.3M
$-1.9M
Q1 25
$-18.3M
$-3.1M
Q4 24
$-16.7M
$-1.2M
Q3 24
$-16.8M
Q2 24
$-1.6M
$-3.5M
Q1 24
$-16.8M
$-3.7M
FCF Margin
PMVP
PMVP
WRAP
WRAP
Q4 25
-1396.4%
-190.3%
Q3 25
-1339.3%
-181.1%
Q2 25
-1083.6%
-192.3%
Q1 25
-944.2%
-401.4%
Q4 24
-731.0%
-139.5%
Q3 24
-644.0%
Q2 24
-57.2%
-224.2%
Q1 24
-568.4%
-253.3%
Capex Intensity
PMVP
PMVP
WRAP
WRAP
Q4 25
1.2%
0.5%
Q3 25
0.1%
5.7%
Q2 25
0.7%
0.6%
Q1 25
0.2%
0.3%
Q4 24
2.4%
0.1%
Q3 24
0.0%
0.0%
Q2 24
0.1%
0.1%
Q1 24
20.1%
0.9%
Cash Conversion
PMVP
PMVP
WRAP
WRAP
Q4 25
Q3 25
Q2 25
Q1 25
-28.16×
Q4 24
Q3 24
0.17×
Q2 24
Q1 24
-31.83×

Financial Flow Comparison

Revenue → gross profit → operating profit → net profit for each company.

Related Comparisons