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Wrap Technologies, Inc. (WRAP) stock

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NASDAQ: WRAP Nasdaq Leisure Products Next results ~November 11, 2026

D Fundamentals grade

Wrap Technologies, Inc. is a US-listed company in the leisure products industry. Its financial year ends in December.

Stock price today

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Third-party market data · may be delayed

Fair value per share

Under review: every model's value for Wrap Technologies, Inc. is far from the share price, which usually points to a data problem (a merger, a share-count change, a one-off) rather than a bargain or a bubble.

Price vs value

Under review: free cash flow after stock pay is not positive. We'll show the comparison once resolved.

Wrap Technologies, Inc. valuation: adjust assumptions and compare models →

Who’s trading

What company insiders, investment funds and members of Congress have been doing with the stock, from their own filings.

  • Insiders2 buying, 1 selling3 purchases and 17 sales by directors and officers, last 12 monthsInsider trades
  • Funds20 adding, 27 cuttingOf 7 active managers that changed their stake, 5 added; quarter to June 30, 2026Fund buyers and sellers

Value diary

Our note on each quarter Wrap Technologies files

Where Wrap Technologies stands after its latest 10-Q

Revenue for the twelve months to June 2026 was $6m, up 87.3% on a year earlier, faster than the 32.2% growth a quarter earlier. That growth ranks 2 of 23 among the leisure products companies we cover. Free-cash-flow margin rose to -149.6% from -182.1% a year earlier. Operating margin widened to -226.6% from -464.8%. The diluted share count is up 10.6% on a year earlier, which dilutes existing holders. Against its peers on growth, profitability, cash generation and balance sheet, it grades D. It passes 2 of our 2 financial-health checks.

Our model value for Wrap Technologies is under review, so past values are not shown until it is resolved.

Source: 10-Q filed August 11, 2026 on SEC EDGAR · Financials · Valuation

Written from the company's filings and our models when each quarter's report arrives. Figures in older notes are as published at the time. Not investment advice.

The Fundamentalytics view

Next results ~November 11, 2026 (estimated)

Wrap Technologies, Inc.'s trailing-twelve-month revenue grew 87.3% year on year, with a free-cash-flow margin of -149.6%. Where it stands out: revenue growth of 87.3% ranks 2 of 29 leisure products companies we cover. Where it lags: operating margin of -226.6% ranks 29 of 29 leisure products companies we cover.

Current signal Revenue growth accelerating: TTM revenue growth rose to 87.3% (+55.1pp vs the prior quarter).

Assembled from SEC-filed figures — the full workings are on this page and in our methodology. Observations, not recommendations.

Highlights

How we pick these

Strengths

  • Fast growth. Revenue grew 87.3% over the last 12 months, against a median of 7.6% for leisure products companies we cover.
  • Growth speeding up. The growth rate is 55.1 points higher than a quarter earlier.
  • Margins widening. Operating margin is up 238.3 points on a year ago.
  • Net cash. Cash exceeds long-term debt by $0.0bn.

Things to watch

  • Loss-making. Operating margin is -226.6%: costs exceed revenue.
  • Burning cash. Free cash flow was -149.6% of revenue over the last 12 months.
  • Heavy stock-based pay. Stock pay equals 83.3% of revenue, against a median of 1.3% for leisure products companies we cover: a real cost that cash-flow figures leave out.
  • Share dilution. Diluted shares rose 10.6% in a year.
  • High sales multiple. The shares trade at 10 times revenue while operating margins remain thin.
  • Volatile shares. Over the past year the shares showed annualised volatility of 102% and a beta of 2.7 against the S&P 500.

Latest results: FY2026 Q2

Filed August 11, 2026
Revenue
$2m, up 102.8% on a year earlier
Share reaction
-5.5% in the first session after the results on August 11, 2026, against -0.1% for the S&P 500
Next report
November 11, 2026

Wrap Technologies' figures from its SEC filings and results release; estimates are the analysts' average. Not a recommendation.

Price chart

  • 1 day-4.1%
  • 1 week+1.7%
  • 1 month-20.4%
  • This year-50.8%
  • 1 year-58.4%
  • 5 years-80.4%
  • S&P 500 this year+11.2%

Closing prices to 2026-11-02. Price change only, dividends excluded.

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Third-party market data · may be delayed

At a glance

Trailing twelve months, from SEC filings

Profitability

Revenue (TTM)
$6.1M
Operating margin
-226.6%
Net margin
-223.1%
EPS (TTM, diluted)
$-0.25

Growth

Revenue growth
+87.3%
Change in growth rate
+55.1 pts
Share count change
+10.6%

Cash

Free cash flow (TTM)
-$9.1M
FCF margin
-149.6%
Stock pay % of revenue
83.3%

Earnings

Last results
August 11, 2026

News & updates

Updated October 31, 2026

Company announcements, filed results and changes that matter to shareholders.

  1. Leadership
  2. Leadership
  3. Announcement
  4. Agreement
  5. Results
  6. Agreement

Refreshed hourly when new source data is available. Summaries are checked against company releases and SEC filings. Company announcement headlines are labelled when a checked summary is unavailable.

Valuation

Wrap Technologies, Inc. valuation models and calculator

Fundamentalytics rating

model v1.6 · 2026-11-03

Not rated: free cash flow after stock pay is not positive.

The inputs used by the models below have passed source checks. Individual model values are available below and in the interactive valuator. Their differences are shown explicitly; the platform combined value and recommendation remain withheld.

Valuation models

We value Wrap Technologies, Inc. as an operating company, with every model that fits that kind of business. Cost of equity 10.3%: the 10-year Treasury yield (4.9%) plus a beta of 1.2 times a 4.5% equity risk premium.

Value per share by model
Model Value per share In the combined value?
Revenue-to-maturity model Revenue grown to maturity with the cash margin moving to the industry's; for companies not yet profitable. — Does not apply: This model is withheld pending its input or assumption review.
Price-to-earnings vs peers Earnings per share times peers' typical (harmonic-mean) price-to-earnings. — Does not apply: This model is withheld pending its input or assumption review.
Residual income Book value plus the present value of returns above the cost of equity, fading over ten years. — Does not apply: This model is withheld pending its input or assumption review.
Justified price-to-book Book value times (return on equity - growth) / (cost of equity - growth): steady-state returns. — Does not apply: This model is withheld pending its input or assumption review.
Price-to-sales vs peers Sales per share times peers' typical price-to-sales; used only when earnings are negative. ~$0.0 ~$0.1–$0.2 Left out: out of range vs price (0.03x)
Combined value Individual source-checked model scenarios are available. The platform combined value and recommendation remain withheld. — Combined value withheld. Review the individual models and their assumptions.

Different models fail in different ways, so where several apply we average them rather than trust one. Peer-based models compare Wrap Technologies, Inc. with Leisure Products in our coverage, using third-party market data. Model values are estimates under stated assumptions, updated as new filings arrive; not price targets or investment advice. How each model works.

Valuation multiples over time Market data may be delayed

At fiscal year end 20182019202020212022202320242025Now
Share price$3.15$6.39$4.83$3.93$1.69$3.10$2.12$2.38$1.17
Market value$74m$183m$163m$154m$70m$131m$97m$120m$62m
+ Net debt (− = net cash)−$12m−$17m−$17m−$5m−$5m−$4m−$4m−$3m−$5m
Enterprise value$62m$166m$147m$149m$64m$127m$93m$116m$57m
Multiples
Price / sales n/mn/m41.4x20.0x8.6x21.4x21.5x25.7x10.3x
Price / earnings —————————
Price / free cash flow —————————
EV / EBITDA —————————

Market value uses the period's diluted share count; figures for each fiscal year use that year's results and the price at year end. "Now" uses today's price and the last twelve months.

Moat

13 /100

Weak moat

How hard Wrap Technologies's competitive advantage looks for rivals to wear away, judged from 8 years of its own filings: returns on capital, pricing power, profit durability, cash conversion and discipline.

  • Returns on capital 0 / 20

    Cash operating profit has been a median -37.0% of total assets over 7 years.

  • Pricing power 8 / 20

    Gross margin has been a median 46.4%, moving by 14.4 percentage points (standard deviation) across 8 years.

  • Durability 10 / 20

    Operating margin has been a median -295.7%; its worst year was -2797.9%.

  • Cash conversion 0 / 20

    Free cash flow was positive in 0 of 8 years, at a median -251.7% of revenue.

  • Discipline 0 / 20

    The diluted share count rose 41.6% over five years; stock-based pay has been a median 77.5% of revenue.

AI disruption exposure: Medium. In this industry, AI could change how the product is made or sold, without replacing the core asset. The score above includes a 5-point deduction for that exposure (18 before it).

A rules-based reading of reported figures, not a forecast and not investment advice. How the score is built: methodology.

Forecasts and guidance

Next results: November 11, 2026, after the close.

Analysts' consensus

No analyst estimates are published for Wrap Technologies, Inc.: too few analysts cover it.

Positioning

Short interest
20.1%
of tradable shares
Days to cover
15.25
at average volume
Short interest, 1 month
+0%
to October 15, 2026
Held by institutions
12%
of shares
Held by insiders
26.3%
of shares
Employees
25
full time

Consensus figures average analysts' published estimates (third-party data); guidance is the company's own. Neither is our forecast. Short interest is reported twice a month and lags. Market data may be delayed.

This section is general information, not investment advice or a personal recommendation, and it does not take account of your objectives or circumstances. Forecasts and guidance are estimates, not promises: companies miss their own guidance and analysts' figures are often revised. Prices can fall as well as rise, and you can lose money. See our disclaimer.

Share-price performance

Market data may be delayed

Recent prices are available. Older price history and the statistics that need it are being loaded in the background.

What moved the share price

Last 12 months −58.4%

$2.81 on October 31, 2025 to $1.17

ThenNowEffect
Revenue (last 12 months) $3m $6m +87.3%
P/S multiple 41.7x 10.3x −75.4%
Share count 48m 53m −9.6%

Biggest factor: p/s multiple. Loss-making at one end, so the split uses price/sales.

Last 3 years −61.1%

$3.01 on November 3, 2023 to $1.17

ThenNowEffect
Revenue (last 12 months) $7m $6m −15.8%
P/S multiple 17.3x 10.3x −40.9%
Share count 41m 53m −21.8%

Biggest factor: p/s multiple. Loss-making at one end, so the split uses price/sales.

The effects multiply back to the price change exactly. Results are the last 12 months as known on each date (filings assumed public 45 days after quarter end).

Return and risk by year

Calendar year 202120222023202420252026 to date
Return
WRAP−19%−57%+83%−32%+12%−51%
Industry peers (median)+17%−35%−8%−23%−15%+8%
S&P 500+29%−18%+26%+25%+18%+11%
Months that ended higher
WRAP42%25%50%42%50%9%
S&P 50075%42%67%75%75%46%
Largest fall from a high during the year
WRAP−58%−73%−62%−73%−51%−66%
S&P 500−5%−25%−10%−8%−19%−9%

Worst fall since May 29, 2018: 93% from July 17, 2020 to June 2, 2023. Getting back needed a 1228% gain, and the shares have not yet recovered.

Price behaviour

52-week range
$1.06 – $3.10
From 52-week high
−62.3%
vs 50-day average
−19.7%
vs 200-day average
−26.9%
Volatility (1 year)
102%
Beta vs S&P 500
2.72

Volatility is the annualised standard deviation of daily returns. Beta 1.5 means the shares typically moved 1.5% for each 1% move in the S&P 500 over the past year. Prices to November 2, 2026.

Share price after results

Next day
6 up, 6 down
typical move ±6.0%
After a week
4 up, 8 down
typical move ±6.0%
After a month
4 up, 8 down
typical move ±13.4%
Results releasedNext dayS&P 500 next day5 days21 days
August 11, 2026 −5.5% −0.1% −13.7% −11.5%
May 13, 2026 +15.4% +1.4% +1.4% −8.4%
March 26, 2026 −2.6% −3.5% −0.6% 0.0%
November 12, 2025 −4.5% −1.6% −11.6% +11.6%
August 14, 2025 +7.7% −0.2% −3.5% +35.2%
November 15, 2024 −7.6% −0.9% +1.4% +14.5%
April 15, 2024 +0.5% −1.4% −1.0% −18.4%
November 16, 2023 +6.3% +0.2% −3.2% −12.3%
August 10, 2023 +0.6% 0.0% −4.7% −1.2%
April 19, 2023 −7.6% −0.6% +0.4% −6.8%
March 3, 2023 −6.4% +1.7% −8.9% −14.8%
November 15, 2022 +7.3% +0.1% +21.4% +26.0%

From the close before the release date to the close 1, 5 and 21 trading days after it, so releases before the open and after the close are both captured. Past moves don't predict future ones.

Wrap Technologies, Inc. in five measures

Fundamentals grade D
Growth Profitability Cash Balance sheet

Growth, profitability, cash generation and balance sheet are percentiles against the companies we cover in the same industry, from SEC filings (100 = best). Value compares the share price with our modelled value range (50 = at our base value; higher = cheaper). A description of reported data and our model — not a quality score or advice.

Fundamentals

Revenue (TTM) Wrap Technologies, Inc.
$2M $4M $6M $8M $10M FY23 Q3 FY24 Q2 FY25 Q1 FY26 Q2 Revenue (TTM), FY23 Q3: $9.1M Revenue (TTM), FY23 Q4: $6.1M Revenue (TTM), FY24 Q1: $6.9M Revenue (TTM), FY24 Q2: $7.3M Revenue (TTM), FY24 Q3: $4.2M Revenue (TTM), FY24 Q4: $4.5M Revenue (TTM), FY25 Q1: $3.8M Revenue (TTM), FY25 Q2: $3.2M Revenue (TTM), FY25 Q3: $4.1M Revenue (TTM), FY25 Q4: $4.7M Revenue (TTM), FY26 Q1: $5M Revenue (TTM), FY26 Q2: $6.1M $6.1M

Source: SEC EDGAR filings. Retrieved October 29, 2026.

View chart data
Period Revenue (TTM)
FY23 Q3 $9.1M
FY23 Q4 $6.1M
FY24 Q1 $6.9M
FY24 Q2 $7.3M
FY24 Q3 $4.2M
FY24 Q4 $4.5M
FY25 Q1 $3.8M
FY25 Q2 $3.2M
FY25 Q3 $4.1M
FY25 Q4 $4.7M
FY26 Q1 $5M
FY26 Q2 $6.1M
Revenue growth, TTM YoY Wrap Technologies, Inc.
-100% -50% 0% 50% 100% FY23 Q3 FY24 Q2 FY25 Q1 FY26 Q2 Revenue growth, TTM YoY, FY23 Q3: 32.0% Revenue growth, TTM YoY, FY23 Q4: -23.8% Revenue growth, TTM YoY, FY24 Q1: -3.7% Revenue growth, TTM YoY, FY24 Q2: 1.0% Revenue growth, TTM YoY, FY24 Q3: -53.7% Revenue growth, TTM YoY, FY24 Q4: -26.5% Revenue growth, TTM YoY, FY25 Q1: -45.0% Revenue growth, TTM YoY, FY25 Q2: -55.5% Revenue growth, TTM YoY, FY25 Q3: -2.3% Revenue growth, TTM YoY, FY25 Q4: 3.7% Revenue growth, TTM YoY, FY26 Q1: 32.2% Revenue growth, TTM YoY, FY26 Q2: 87.3% 87.3%

Source: SEC EDGAR filings. Retrieved October 29, 2026.

View chart data
Period Revenue growth, TTM YoY
FY23 Q3 32.0%
FY23 Q4 -23.8%
FY24 Q1 -3.7%
FY24 Q2 1.0%
FY24 Q3 -53.7%
FY24 Q4 -26.5%
FY25 Q1 -45.0%
FY25 Q2 -55.5%
FY25 Q3 -2.3%
FY25 Q4 3.7%
FY26 Q1 32.2%
FY26 Q2 87.3%
Operating margin (TTM) Wrap Technologies, Inc.
-600% -400% -200% 0% FY23 Q3 FY24 Q2 FY25 Q1 FY26 Q2 Operating margin (TTM), FY23 Q3: -171.9% Operating margin (TTM), FY23 Q4: -305.3% Operating margin (TTM), FY24 Q1: -269.6% Operating margin (TTM), FY24 Q2: -229.6% Operating margin (TTM), FY24 Q3: -415.2% Operating margin (TTM), FY24 Q4: -345.4% Operating margin (TTM), FY25 Q1: -404.4% Operating margin (TTM), FY25 Q2: -464.8% Operating margin (TTM), FY25 Q3: -342.9% Operating margin (TTM), FY25 Q4: -288.6% Operating margin (TTM), FY26 Q1: -285.6% Operating margin (TTM), FY26 Q2: -226.6% -226.6%

Source: SEC EDGAR filings. Retrieved October 29, 2026.

View chart data
Period Operating margin (TTM)
FY23 Q3 -171.9%
FY23 Q4 -305.3%
FY24 Q1 -269.6%
FY24 Q2 -229.6%
FY24 Q3 -415.2%
FY24 Q4 -345.4%
FY25 Q1 -404.4%
FY25 Q2 -464.8%
FY25 Q3 -342.9%
FY25 Q4 -288.6%
FY26 Q1 -285.6%
FY26 Q2 -226.6%
FCF margin (TTM) Wrap Technologies, Inc.
-400% -300% -200% -100% 0% FY23 Q3 FY24 Q2 FY25 Q1 FY26 Q2 FCF margin (TTM), FY23 Q3: -182.6% FCF margin (TTM), FY23 Q4: -276.1% FCF margin (TTM), FY24 Q1: -255.0% FCF margin (TTM), FY24 Q2: -321.3% FCF margin (TTM), FY24 Q3: -255.6% FCF margin (TTM), FY24 Q4: -180.5% FCF margin (TTM), FY25 Q1: -196.8% FCF margin (TTM), FY25 Q2: -182.1% FCF margin (TTM), FY25 Q3: -215.9% FCF margin (TTM), FY25 Q4: -222.4% FCF margin (TTM), FY26 Q1: -170.8% FCF margin (TTM), FY26 Q2: -149.6% -149.6%

Source: SEC EDGAR filings. Retrieved October 29, 2026.

View chart data
Period FCF margin (TTM)
FY23 Q3 -182.6%
FY23 Q4 -276.1%
FY24 Q1 -255.0%
FY24 Q2 -321.3%
FY24 Q3 -255.6%
FY24 Q4 -180.5%
FY25 Q1 -196.8%
FY25 Q2 -182.1%
FY25 Q3 -215.9%
FY25 Q4 -222.4%
FY26 Q1 -170.8%
FY26 Q2 -149.6%

Data: SEC EDGAR XBRL company facts (as filed in 10-K/10-Q); forms 10-K, 10-K/A, 10-Q. Generated November 3, 2026. Definitions in our methodology.

Financial statements

US$ millions unless shown otherwise. Fiscal years, plus the last twelve months (LTM) when newer.

Fiscal year 2017 Dec 2017 2018 Dec 2018 2019 Dec 2019 2020 Dec 2020 2021 Dec 2021 2022 Dec 2022 2023 Dec 2023 2024 Dec 2024 2025 Dec 2025 LTM Jun 2026
Income
Revenue 0 0 1 4 8 8 6 5 5 6
Gross profit 0 0 0 1 2 4 3 2 3 4
EBITDA −1 −3 −9 −13 −24 −17 −18 −15 −13 −13
Operating income −1 −3 −9 −13 −24 −18 −19 −16 −13 −14
Net income −1 −3 −8 −13 −24 −18 −30 −6 −10 −14
Diluted EPS — −$0.14 −$0.29 −$0.37 −$0.62 — −$0.72 −$0.16 −$0.22 −$0.25
Growth (year on year)
Revenue — — +>999% +466.0% +96.0% +4.1% −23.8% −26.5% +3.7% +87.3%
Margins
Gross margin — 19.6% 39.7% 34.1% 25.8% 46.4% 47.4% 54.7% 57.8% 63.6%
EBITDA margin — <−999% <−999% −327.4% −310.7% −210.8% −291.8% −327.0% −275.9% −222.6%
Operating margin — <−999% <−999% −331.6% −316.9% −220.3% −305.3% −345.4% −288.6% −226.6%
Net margin — <−999% <−999% −319.0% −316.3% −218.9% −492.7% −130.4% −221.2% −223.1%
Free-cash-flow margin — <−999% <−999% −315.3% −248.6% −184.6% −276.1% −180.5% −222.4% −149.6%
Cash flow
Cash from operations −1 −3 −8 −12 −18 −15 −17 −8 −10 −9
Capital spending 0 0 0 0 1 0 0 0 0 0
Free cash flow −1 −3 −9 −12 −19 −15 −17 −8 −10 −9
Stock-based pay 0 1 2 2 5 3 2 2 4 5
Free cash flow after stock pay −1 −3 −10 −15 −25 −18 −19 −11 −14 −14
Balance sheet
Cash 3 12 17 17 5 5 4 4 3 5
Total debt 0 0 0 0 0 0 0 0 0 0
Net debt (negative = net cash) −3 −12 −17 −17 −5 −5 −4 −4 −3 −5
Diluted shares 20m 24m 29m 34m 39m 41m 42m 46m 50m 53m
Returned to shareholders
Dividends — — — — — 0 0 0 0 —
Total returned — — — — — 0 0 0 0 —

Source: SEC EDGAR XBRL company facts (US and foreign periodic filings); column headings link to the filing. EBITDA is operating income plus depreciation and amortisation. Free cash flow is cash from operations minus capital spending. Growth is left blank when last year's figure was a loss or under 2% of revenue. Share counts and EPS are restated for stock splits. A dash means the company didn't report the figure.

Financial health

2 of 2 checks passed · June 30, 2026
What it owns · $15m
Short-term assets $13mLonger-term assets $2m
What it owes, and who funded it · $15m
Short-term liabilities $2mLonger-term liabilities $0mShareholders' equity $13m
  • Short-term assets cover short-term liabilities $13m of assets due within a year against $2m of liabilities due within a year.
  • Short-term assets cover long-term liabilities $13m short-term assets against $352,000 of longer-dated liabilities.
  • More cash than debt Cash or debt not separately reported. Not assessable.
  • Debt below 40% of shareholders' equity Equity or debt not reported. Not assessable.
  • Debt burden no higher than five years ago Five-year comparison not available. Not assessable.
  • A year's operating cash flow covers at least 20% of debt Cash flow or debt not reported. Not assessable.
  • Operating profit covers interest at least five times over Interest not separately reported. Not assessable.

From Wrap Technologies, Inc.'s latest balance sheet as filed. Checks are fixed, documented rules (methodology), counted only where the company reports the figures — a dot means the filing doesn't break the item out. Descriptions of reported data, not advice.

Dividends, buybacks and capital spending

Diluted share count
+10.6%
year over year
R&D spending
-2.3%
of revenue
Sales & admin spending
292.5%
of revenue
Days sales outstanding
204 days
receivables vs revenue

Competitors: side by side with peers

Closest by revenue in leisure products
Last 12 months unless stated WRAP NWTG MKDW DOGZ KMRK TRUG Median
Revenue, last 12 months $6m $7m $3m $16m $16m $20m $349m
Revenue growth, last 12 months 87.3% 28.8% 51.6% −23.3% −13.2% −11.8% 7.6%
Revenue growth, 3-year average −5.6% 220.3% — — — — −2.5%
Revenue growth, latest quarter 102.8% −36.4% — — — 34.4% 10.9%
Gross margin 63.6% 53.6% 6.2% 16.0% 13.7% 50.5% 40.1%
Operating margin −226.6% −114.8% −88.0% −181.4% 1.7% −22.6% 1.0%
Operating margin, 3-year average −307.0% −208.6% — −53.8% — −22.9% 0.9%
Net margin −223.1% −124.4% −84.9% −173.9% 1.1% −55.7% −0.5%
Cash from operations / revenue −147.9% −72.6% −39.3% −14.2% 5.2% −8.7% 8.7%
Free-cash-flow margin −149.6% −77.5% −56.8% −49.7% 5.2% −10.4% 6.1%
Free-cash-flow margin, 3-year average −217.7% −244.6% — −36.1% — — 5.3%
Stock pay / revenue 83.3% 4.8% 2.7% 0.9% — 0.1% 1.3%
Change in share count 10.6% — 591.4% 32.8% 8.2% — 0.5%

Median of all 29 companies we cover in leisure products. Shaded: best of the six on that line (lowest for stock pay and share-count growth). 3-year figures average the last three 12-month periods; 3-year growth is compound annual. Source: SEC filings.

Peer comparison

29 leisure products companies
Measure Company Peer median Rank
Revenue growth Growth 87.3% 7.6% 2 of 29
Change in growth rate Growth +55.1pp +3.1pp 3 of 29
Gross margin Profitability 63.6% 39.7% 3 of 27
Operating margin Profitability -226.6% 1.0% 29 of 29
Net margin Profitability -223.1% -0.5% 29 of 29
Free-cash-flow margin Cash generation -149.6% 6.1% 29 of 29
Stock pay as % of revenue Cash generation 83.3% 1.3% 27 of 27
Change in share count Balance sheet 10.6% 0.8% 20 of 24
Days sales outstanding Balance sheet 204 days 42 days 26 of 27

Rank 1 = best in the group (for spending, debt and dilution, lower ranks first).

Who owns it

Funds buying and selling
Reported value
$7.4M
Institutions reporting
61
Shares held vs prior quarter
▼ 0.6%
Positions opened / closed
9 / 8

Top buyers and sellers, Q2 2026: 20 institutions bought and 27 sold ; the biggest buyer was Platform Technology Partners (+235K shares) and the biggest seller Blair William & Co (−133K). See which funds bought and sold →

Largest reported holders, June 30, 2026
Manager Value Shares Share of 13F value Shares QoQ
Vanguard Capital Management LLC $2M 1.5M 26.9% ▲ 0.5%
Raymond James Financial Inc $881,582 683K 11.9% ▼ 1.2%
Blackrock, Inc. $734,489 569K 9.9% ▲ 8.5%
Geode Capital Management, LLC $558,721 433K 7.5% ▼ 8.3%
Renaissance Technologies LLC $461,949 358K 6.2% ▲ 13.1%
Platform Technology Partners $302,643 235K 4.1% New
Vanguard Fiduciary Trust Co $286,727 222K 3.9% ▲ 0.7%
LPL Financial LLC $261,204 202K 3.5% ▼ 1.0%
Citadel Advisors LLC $210,369 163K 2.8% ▲ 55.2%
Caption Management, LLC $190,452 148K 2.6% ▼ 0.3%
State Street Corp $167,270 130K 2.3% 0.0%
Marshall Wace, LLP $137,504 107K 1.9% ▼ 47.6%

From Form 13F filings with the SEC ( quarterly data sets), as reported by each manager for June 30, 2026 and filed up to 45 days later. 13F reports cover long US-listed positions of managers above $100M only, so this is not Wrap Technologies, Inc.'s complete shareholder register. Values are as reported by the filers .

Insider trading activity

Full insider history and chart
Insider purchases History → $364,202 3 trades by 2 insiders, last 12 months Insider sales History → $1.1M 17 trades by 1 insider · 0% under pre-set plans
Net ▼ $725,744 net selling
Insider Date Trade Shares Price Value
Cohen Scot Executive Chairman and CEO July 8, 2026 Buy 21,740 $1.10 $23,914
Shulman John D Director July 8, 2026 Buy 100,000 $1.10 $110,000
Cohen Scot Executive Chairman and CEO July 8, 2026 Buy 209,353 $1.10 $230,288
Norris Elwood G 10% owner February 10, 2026 Sell 27,104 $1.82 $49,329
Norris Elwood G 10% owner February 9, 2026 Sell 35,000 $1.82 $63,700
Norris Elwood G 10% owner February 6, 2026 Sell 75,000 $1.87 $140,250
Norris Elwood G 10% owner February 3, 2026 Sell 20,000 $2.20 $44,000
Norris Elwood G 10% owner February 2, 2026 Sell 31,991 $2.08 $66,541
Norris Elwood G 10% owner January 29, 2026 Sell 80,000 $2.21 $176,800
Norris Elwood G 10% owner January 28, 2026 Sell 68,020 $2.46 $167,329
Norris Elwood G 10% owner November 28, 2025 Sell 5,000 $2.15 $10,750
Norris Elwood G 10% owner November 26, 2025 Sell 5,000 $2.14 $10,700

From insiders' Form 4 filings with the SEC. Excludes awards, option exercises and shares withheld for tax. "Pre-set plan" means the filing marks the trade as made under a Rule 10b5-1 plan. See every insider trade since five years ago, on a price chart.

Earnings dates and SEC filings

Results announcements

  • August 11, 2026
  • May 13, 2026
  • March 26, 2026
  • November 12, 2025
  • August 14, 2025
  • November 15, 2024

Recent SEC filings

Data status

When each part of this page on Wrap Technologies, Inc. was last updated.

DataLast updatedSource
Share priceExchange closing prices
Financial statementsSEC 10-K and 10-Q filings
News and updatesCompany releases and SEC 8-K filings
Analyst estimatesAggregated analyst estimates
Valuation and scoresOur models, from the filed figures

How we build and check these figures: methodology and data sources.

Wrap Technologies, Inc. in brief

What does Wrap Technologies, Inc. do?
Wrap Technologies, Inc. is a US-listed company in the leisure products industry. Its financial year ends in December.
What is Wrap Technologies, Inc.'s stock ticker?
Wrap Technologies, Inc. trades under the ticker WRAP on Nasdaq. This page brings together its financial statements, valuation models, ownership and recent company updates.
What is Wrap Technologies, Inc.'s revenue, and how fast is it growing?
Over its most recent trailing twelve months, Wrap Technologies, Inc. reported revenue of $6.1M, 87.3% higher than a year earlier, according to its SEC filings.
What is Wrap Technologies, Inc.'s free cash flow?
Wrap Technologies, Inc.'s free-cash-flow margin is -149.6% of revenue over the trailing twelve months, ranking 29 of the 29 leisure products companies we cover.
Who are Wrap Technologies, Inc.'s largest institutional shareholders?
By value reported in 13F filings for June 30, 2026, the largest reported holders are Vanguard Capital Management LLC, Raymond James Financial Inc and Blackrock, Inc. 13F reports cover long US-listed positions of managers above $100M, filed up to 45 days after quarter end.
What is Wrap Technologies, Inc.'s market cap?
On November 2, 2026, Wrap Technologies, Inc.'s market capitalisation was about $62.1M and net debt of -$4.8M. Market figures come from third-party market data and may be delayed.
Who are Wrap Technologies, Inc.'s competitors?
In our Leisure Products peer group, the companies closest to Wrap Technologies, Inc. are Newton Golf Company, Inc., Mkdwell Tech Inc., Dogness (international) Corp, K-tech Solutions Co LTD and Trugolf Holdings, Inc. The side-by-side comparison below sets their revenue, margins and growth against Wrap Technologies, Inc.'s.
Are insiders buying or selling Wrap Technologies, Inc. stock?
Over the last 12 months, Wrap Technologies, Inc.'s directors and officers reported 3 open-market purchases and 17 sales on Form 4. The insider trading page charts every trade.
When is Wrap Technologies, Inc.'s next earnings date?
Around November 11, 2026, estimated from the spacing of its past results announcements (8-K filings). That is an estimate, not a confirmed date — Wrap Technologies, Inc. announces its own schedule.