Saturday 17 October 2026 Export WRAP’s income statement to Excel — free account

Wrap Technologies, Inc.

WRAP Technology Scientific & Technical Instruments

Wrap Technologies, Inc.’s revenue for fiscal 2025 (year ended December 2025) was $4.7 million, up 3.66% from fiscal 2024. In the quarter to June 2026, revenue grew 102.8%, EPS grew 42.9% and free cash flow fell 21.3%, each against the same quarter a year earlier. Insiders bought in the last twelve months.

1.29 0.08 −5.84%

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Market cap: $84.3M
P/E: 0.0×
Fwd P/E: −2.8×
Dividend yield: —
F-score: 5/9
Altman Z: 5.92
Beneish M: 1.64
Dividend safety: n/a

Overview Business Profile Financial Analysis Income Statement Balance Sheet Cash Flow Metrics & Ratios 10-Q 10-K

Insider Decisions trades per month

Total buys 0.36

Total sells 2.75

Totals in millions of $.

	Dec 25			Mar 26			Jun 26			Sep 26
Buy	—	—	—	—	—	—	—	—	3	—	—	—
Sell	1	—	1	1	—	—	—	—	—	—	—	—

Insider Ownership 25.21%

Capital & Financial Ratios $m

Market Cap 84.32

Revenue 6.06

Net Income (13.51)

Free Cash Flow (9.30)

Net Debt (4.78)

Current Ratio 8.04

Debt/Equity 0.00

P/E ratio 0.00

Fwd P/E (2.83)

P/S ratio 11.87

P/B ratio 5.39

Past 5Y EPS Growth —

This Y EPS Growth —

Next Y EPS Growth —

Next Y revenue growth 10.08%

Next 5Y EPS Growth —

Green and red mark values outside typical ranges. How we judge →

Valuation vs history

EV/Sales, ten years

P/S against its own 10 years 24.25%

10-year low 10-year high

P/B against its own 10 years 37.74%

10-year low 10-year high

EV/Sales against its own 10 years 30.35%

10-year low 10-year high

Dividends

Payout Ratio —

Annual Dividend Rate —

Annual Dividend Yield —

	total	individual payouts
2022	Powerpack
2021	Powerpack
2020	Powerpack
2019	Powerpack
2017	Powerpack

special payouts not included in total or ratios

Assets vs Liabilities $m

	2023	2024	2025	Q'26
Cash	11	4	3	5
Receivables	3	1	3	3
Inventory	6	6	5	4
Other	—	—	—	—
	21	10	11	13

	2023	2024	2025	Q'26
Payables	1	1	1	1
ST’ Debt	—	—	—	—
Other	21	10	0	0
	24	13	2	2

Compound Annual Growth %

	10y	5y	3y
Sales	—	3.45%	(16.58%)
Cash Flow	—	0.00%	0.00%
Earnings	—	0.00%	0.00%
Book Value	—	(24.36%)	(24.83%)

Revenue $m

	Mar	Jun	Sep	Dec	Year
’26	1	2	—	—	—
’25	1	1	1	1	5
’24	1	2	1	1	5
’23	1	1	4	1	6
’22	2	1	2	4	8
’21	2	2	2	2	8
’20	1	1	1	1	4

Fiscal quarters ending in the months shown.

Operating Cash Flow $m

	Mar	Jun	Sep	Dec	Year
’26	(1)	(2)	—	—	—
’25	(3)	(2)	(3)	(3)	(10)
’24	(4)	(4)	0	(1)	(8)
’23	(3)	2	(12)	(4)	(17)
’22	(5)	(1)	(5)	(4)	(15)
’21	(4)	(6)	(3)	(4)	(18)
’20	(2)	(2)	(4)	(4)	(12)

Fiscal quarters ending in the months shown.

Free Cash Flow $m

	Mar	Jun	Sep	Dec	Year
’26	(1)	(2)	—	—	—
’25	(3)	(2)	(3)	(3)	(11)
’24	(4)	(4)	0	(1)	(8)
’23	(3)	2	(12)	(4)	(17)
’22	(5)	(1)	(5)	(4)	(16)
’21	(5)	(6)	(5)	(5)	(20)
’20	(2)	(2)	(4)	(5)	(13)

Fiscal quarters ending in the months shown.

EPS $

	Mar	Jun	Sep	Dec	Year
’26	(0.09)	(0.04)	—	—	—
’25	0.00	(0.07)	(0.06)	(0.08)	(0.22)
’24	0.00	(0.02)	0.04	(0.17)	(0.16)
’23	(0.10)	(0.12)	(0.07)	(0.44)	(0.72)
’22	(0.13)	(0.12)	(0.09)	(0.09)	(0.43)
’21	(0.14)	(0.20)	(0.15)	(0.13)	(0.62)
’20	(0.08)	(0.09)	(0.11)	(0.10)	(0.37)

Fiscal quarters ending in the months shown.

Group	Line	2016	2017	2018	2019	2020	2021	2022	2023	2024	2025	2026e
Price, $
Price, $	Low	—	—	2.10	3.00	3.25	3.92	1.07	0.95	1.21	1.20	Analyst estimates 2026–2028 Powerpack
	High	—	—	9.00	8.00	14.40	9.80	4.56	3.40	7.01	3.00
People
People	Employees	—	9	17	19	52	68	69	52	19	25
	Revenue/emp, $m	—	0.00	0.00	0.04	0.08	0.11	0.12	0.12	0.24	0.19
Income, $m
Income, $m	Revenue	—	—	0	1	4	8	8	6	5	5
	Gross margin, %	—	0.00	19.40	39.72	34.05	25.81	46.39	47.38	54.69	57.77
	EBT	0	(1)	(3)	(8)	(13)	(24)	(18)	(30)	(6)	(10)
	EBT margin, %	0.00	0.00	(14,381.03)	(1,194.82)	(318.97)	(316.33)	(218.87)	(492.74)	(130.35)	(221.21)
	Net income	0	(1)	(3)	(8)	(13)	(24)	(18)	(30)	(6)	(10)
	Depreciation	0	0	0	0	0	0	1	1	1	1
Per share, $
Per share, $	Revenue	0.00	0.00	0.00	0.02	0.12	0.20	0.20	0.14	0.10	0.09
	Earnings	(0.03)	(0.04)	(0.13)	(0.29)	(0.37)	(0.62)	(0.43)	(0.72)	(0.16)	(0.22)
	Cash flow	(0.02)	(0.04)	(0.11)	(0.30)	(0.36)	(0.46)	(0.35)	(0.39)	(0.18)	(0.20)
	Capex	0.00	0.00	(0.01)	(0.01)	(0.03)	(0.05)	(0.03)	(0.01)	0.00	(0.01)
	Free cash flow	(0.03)	(0.04)	(0.12)	(0.31)	(0.39)	(0.51)	(0.38)	(0.41)	(0.18)	(0.21)
	Book value	0.03	0.15	0.53	0.67	1.37	1.05	0.66	0.07	0.01	0.23
	Shares, m	7	20	24	29	34	39	41	42	46	50
Valuation, ×
Valuation, ×	P/E	—	—	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
	P/S	—	—	0.00	262.76	41.45	19.97	8.75	18.77	21.46	25.67
	P/B	—	—	5.99	9.54	3.52	3.74	2.60	36.40	386.87	10.44
	EV/Sales	—	—	0.00	238.60	30.94	15.48	6.38	16.93	20.70	24.97
	EV/FCF	—	—	(22.88)	(18.77)	(9.31)	(5.94)	(3.26)	(5.99)	(11.25)	(10.93)
Cash, $m
Cash, $m	Operating cash flow	0	(1)	(3)	(8)	(12)	(18)	(15)	(17)	(8)	(10)
	Capex	0	0	0	0	(1)	(2)	(1)	(1)	0	0
	Free cash flow	0	(1)	(3)	(9)	(13)	(20)	(16)	(17)	(8)	(11)
Balance, $m
Balance, $m	Working capital	0	3	12	19	45	38	24	(2)	(3)	10
	Total debt	—	—	—	0	0	0	0	—	—	—
	Net debt	0	(3)	(12)	(17)	(42)	(35)	(19)	(11)	(4)	(3)
	Shareholders’ equity	0	3	12	19	46	41	27	3	0	11
Returns, %
Returns, %	ROA	(13.18)	(46.85)	(41.57)	(50.14)	(36.33)	(52.54)	(47.10)	(103.64)	(32.52)	(73.60)
	ROIC	0.00	0.00	(6,772.73)	(243.40)	(171.24)	(241.32)	(142.51)	0.00	0.00	(105.06)
	ROE	(14.29)	(50.82)	(43.16)	(52.72)	(38.35)	(55.77)	(51.57)	(202.61)	(415.65)	(191.45)

Negative figures in brackets.

All 10 years →

Fiscal years to Dec 2025 · latest quarter Jun 2026

Charts ten years each

Company	Market cap	P/E	Fwd P/E	Revenue growth (Q)	EPS growth (Q)	FCF growth (Q)	Gross margin (Q)	EBIT margin (Q)	Compare
USBC USBC, INC.	$173.7M	— (loss-making)	—	−96.18% (below 0%: shrinking)	n/m	+689.02% (above 0%: growing)	0.00%	0.00%	Compare
SOTK Sono-Tek Corporation	$96.0M	50.0×	46.5×	+1.35% (above 0%: growing)	−22.33% (below 0%: shrinking)	+290.80% (above 0%: growing)	52.88%	7.29%	Compare
LGL LGL Group, Inc. (The)	$84.5M	— (loss-making)	— (loss-making)	+24.78% (above 0%: growing)	n/m	−106.84% (below 0%: shrinking)	66.96%	(38.77%)	Compare
WRAP Wrap Technologies, Inc.	$84.3M	— (loss-making)	— (loss-making)	+102.77% (above 0%: growing)	n/m	−21.30% (below 0%: shrinking)	75.29%	(109.70%)
ARBE Arbe Robotics Ltd.	$62.4M	— (loss-making)	— (loss-making)	+156.57% (above 0%: growing)	n/m	−1.18% (below 0%: shrinking)	(0.85%)	(1,398.86%)	Compare
GNSS Genasys Inc.	$58.8M	— (loss-making)	56.4×	−25.99% (below 0%: shrinking)	n/m	+50.14% (above 0%: growing)	57.09%	(55.33%)	Compare
ACFN Acorn Energy Inc.	$47.0M	29.6×	—	−29.39% (below 0%: shrinking)	−58.62% (below 0%: shrinking)	−104.72% (below 0%: shrinking)	82.36%	15.07%	Compare
ODYS Odysight.ai Inc.	$43.1M	— (loss-making)	— (loss-making)	+16.02% (above 0%: growing)	n/m	−7.02% (below 0%: shrinking)	37.86%	(1,078.81%)	Compare
MIND MIND Technology, Inc.	$38.9M	— (loss-making)	— (loss-making)	−58.54% (below 0%: shrinking)	n/m	−41.54% (below 0%: shrinking)	37.18%	(31.95%)	Compare
Median of peers	$60.6M	—	—	−12.32%	—	−4.10%	45.37%	(35.36%)

All 34 Scientific & Technical Instruments stocks →

Wrap Technologies, Inc. (WRAP) key facts

Concern: Wrap Technologies, Inc. reported a net loss of $10.3 million, or a loss of $0.22 per share, for fiscal 2025.
Strength: Wrap Technologies, Inc.’s revenue for fiscal 2025 (year ended December 2025) was $4.7 million, up 3.66% from fiscal 2024.
Wrap Technologies, Inc. (WRAP) is a Scientific & Technical Instruments company in the Technology sector, listed on Nasdaq.
As of October 16, 2026, WRAP traded at $1.29, a market capitalization of $84.3 million.
Trailing earnings are negative, so a P/E ratio is not meaningful; the stock trades at 11.9× sales.
Return on equity was −191.5% and debt-to-equity 0.00.
Its Piotroski F-score is 5 out of 9 and its Altman Z-score is 5.92 (safe zone) for fiscal 2025.