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Wrap Technologies (WRAP) Cost of Revenue: 2018-2024

Historic Cost of Revenue for Wrap Technologies (WRAP) over the last 7 years, with Dec 2024 value amounting to $2.0 million.

  • Wrap Technologies' Cost of Revenue rose 69.83% to $608,000 in Q3 2025 from the same period last year, while for Sep 2025 it was $1.8 million, marking a year-over-year decrease of 28.74%. This contributed to the annual value of $2.0 million for FY2024, which is 36.72% down from last year.
  • Latest data reveals that Wrap Technologies reported Cost of Revenue of $2.0 million as of FY2024, which was down 36.72% from $3.2 million recorded in FY2023.
  • In the past 5 years, Wrap Technologies' Cost of Revenue registered a high of $5.7 million during FY2021, and its lowest value of $2.0 million during FY2024.
  • For the 3-year period, Wrap Technologies' Cost of Revenue averaged around $3.2 million, with its median value being $3.2 million (2023).
  • As far as peak fluctuations go, Wrap Technologies' Cost of Revenue skyrocketed by 519.26% in 2020, and later plummeted by 36.72% in 2024.
  • Yearly analysis of 5 years shows Wrap Technologies' Cost of Revenue stood at $2.6 million in 2020, then surged by 120.45% to $5.7 million in 2021, then fell by 24.75% to $4.3 million in 2022, then decreased by 25.21% to $3.2 million in 2023, then tumbled by 36.72% to $2.0 million in 2024.