Wrap Technologies (NASDAQ:WRAP) Announces Quarterly Earnings Results

Posted by on Aug 11th, 2026

Wrap Technologies (NASDAQ:WRAP – Get Free Report) posted its earnings results on Tuesday. The company reported ($0.04) earnings per share for the quarter, topping the consensus estimate of ($0.10) by $0.06, Zacks reports. Wrap Technologies had a negative net margin of 270.03% and a negative return on equity of 115.68%.

Here are the key takeaways from Wrap Technologies’ conference call:

  • Q2 revenue doubled year over year to $2.1 million, while gross margin expanded to approximately 75% from 48%; operating and net losses also narrowed.
  • The ATF determined that BolaWrap 150 is neither a firearm nor a weapon, which management says materially expands its addressable market to private security and strengthens discussions with insurers.
  • Wrap is pursuing a broader set of opportunities, including 11 DOJ grant programs, DHS and border-related initiatives, and an exclusive U.S. and NATO right to Frenel’s TPiCore sensing technology for detecting difficult-to-identify threats such as RF-silent drones.
  • The company is shifting from one-time device sales toward recurring “readiness” revenue through WrapTactics, its learning-management system, virtual reality, and ongoing training subscriptions.
  • Management maintained its growth outlook but warned that the timing of one or two large orders could cause results to move materially up or down; Chilean revenue is excluded from the 2026 forecast, and accelerated spending or future capital raises may be needed to pursue new opportunities.

Wrap Technologies Stock Up 2.2%

WRAP traded up $0.04 during trading on Tuesday, hitting $1.87. The company had a trading volume of 1,208,051 shares, compared to its average volume of 905,247. The company has a market capitalization of $104.23 million, a PE ratio of -6.23 and a beta of 1.34. Wrap Technologies has a one year low of $1.04 and a one year high of $3.23. The firm’s 50-day moving average price is $1.61 and its 200 day moving average price is $1.63.

Insider Activity

In other news, Director John D. Shulman purchased 100,000 shares of the business’s stock in a transaction dated Wednesday, July 8th. The shares were bought at an average cost of $1.10 per share, for a total transaction of $110,000.00. Following the completion of the acquisition, the director directly owned 199,037 shares in the company, valued at approximately $218,940.70. This trade represents a 100.97% increase in their position. The purchase was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through the SEC website. 33.26% of the stock is owned by corporate insiders.

Hedge Funds Weigh In On Wrap Technologies

A number of large investors have recently bought and sold shares of the company. XTX Topco Ltd acquired a new position in shares of Wrap Technologies during the 2nd quarter worth about $32,000. Osaic Holdings Inc. boosted its position in Wrap Technologies by 13.6% during the second quarter. Osaic Holdings Inc. now owns 53,708 shares of the company’s stock valued at $84,000 after purchasing an additional 6,442 shares during the last quarter. Vanguard Group Inc. grew its stake in Wrap Technologies by 6.3% in the third quarter. Vanguard Group Inc. now owns 1,660,908 shares of the company’s stock valued at $3,604,000 after purchasing an additional 98,782 shares in the last quarter. Squarepoint Ops LLC grew its stake in Wrap Technologies by 45.3% in the third quarter. Squarepoint Ops LLC now owns 50,209 shares of the company’s stock valued at $109,000 after purchasing an additional 15,650 shares in the last quarter. Finally, Raymond James Financial Inc. increased its position in shares of Wrap Technologies by 6.0% during the 3rd quarter. Raymond James Financial Inc. now owns 646,853 shares of the company’s stock worth $1,404,000 after purchasing an additional 36,429 shares during the last quarter. Institutional investors and hedge funds own 8.82% of the company’s stock.

Analysts Set New Price Targets

Several brokerages have recently issued reports on WRAP. Weiss Ratings lowered shares of Wrap Technologies from a “sell (d-)” rating to a “sell (e+)” rating in a report on Monday, May 18th. Wall Street Zen cut Wrap Technologies from a “hold” rating to a “sell” rating in a research note on Saturday, May 16th. One equities research analyst has rated the stock with a Sell rating, According to data from MarketBeat.com, Wrap Technologies has a consensus rating of “Sell”.

View Our Latest Research Report on WRAP

Wrap Technologies Company Profile

(Get Free Report)

Wrap Technologies, Inc (NASDAQ: WRAP) is a designer and manufacturer of less-lethal restraint devices aimed at law enforcement and security professionals. Its flagship product, the BolaWrap®, is a handheld remote restraint tool that deploys a Kevlar-reinforced cord to safely immobilize individuals from a distance of up to 25 feet. The system is engineered to support de-escalation tactics and reduce reliance on physical force in high-risk encounters.

Based in Scottsdale, Arizona, Wrap Technologies oversees product development, testing and training at its headquarters.

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Earnings History for Wrap Technologies (NASDAQ:WRAP)

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