Wrap Technologies (WRAP) Cost of Revenue (2018 - 2026)

Wrap Technologies (WRAP) has 9 years of Cost of Revenue data on file, last reported at $420000.0 in Q1 2026.

• Quarterly Cost of Revenue rose 147.06% year-over-year to $420000.0 in Q1 2026, while the trailing twelve-month figure through Mar 2026 was $2.2 million (up 41.41% YoY) and the FY2025 annual result came in at $2.0 million, down 3.38% from the prior year.
• Cost of Revenue slipped to $420000.0 in Q1 2026, from $670000.0 in the prior quarter.
• In the past five years, Cost of Revenue ranged from a high of $1.9 million in Q4 2022 to a low of $170000.0 in Q1 2025.
• A 5-year average of $704529.4 and a median of $608000.0 in 2025 frame the typical range for Cost of Revenue.
• Annual changes were most pronounced in 2024 — Cost of Revenue plunged 75.38% — and 2026, when it jumped 147.06%.
• Tracing WRAP's Cost of Revenue over 5 years: stood at $1.9 million in 2022, then sank by 53.32% to $880000.0 in 2023, then sank by 48.3% to $455000.0 in 2024, then jumped by 47.25% to $670000.0 in 2025, then tumbled by 37.31% to $420000.0 in 2026.
• The last three Cost of Revenue figures came in at $420000.0 (Q1 2026), $670000.0 (Q4 2025), and $608000.0 (Q3 2025), per Business Quant data.