Wrap Technologies (WRAP) Gross Margin (2018 - 2026)
Wrap Technologies (WRAP) recorded Gross Margin of 75.29% in Q2 2026, up 27.17 percentage points from 48.12% a year earlier and up 13.10 percentage points from the prior quarter.
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Analysis
Wrap Technologies (WRAP) Gross Margin (2018 - 2026) Analysis & Trends
On a TTM basis, Wrap Technologies' Gross Margin came in at 63.60% as of Jun 30, 2026, up 10.22 percentage points year-over-year; for FY2025, it was 57.77%, up 3.08 percentage points from FY2024.
- Annual Gross Margin has increased for four straight years, with a five-year change of +23.72 percentage points (FY2020 to FY2025).
- Across earlier years, Gross Margin came in at 54.69% in FY2024 (+7.31 pp), 47.38% in FY2023 (+0.99 pp), 46.39% in FY2022 (+20.58 pp) and 25.81% in FY2021 (-8.24 pp).
- The Q2 2026 figure is the highest quarterly Gross Margin since Q1 2025.
- On a year-over-year basis, Gross Margin rose in five of the last eight quarters, with an average year-over-year change of +14.91 percentage points.
- Peak year-over-year performance for Gross Margin in the last five years was a gain of 96.80 percentage points in Q4 2024, against a drop of 96.83 percentage points in Q4 2023 at the low end.
- Per Business Quant, the preceding three quarters came in at 62.20% (Q1 2026), 52.28% (Q4 2025) and 59.22% (Q3 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Gross Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | General Electric | 330.21 Bn | 284.21 Bn | 4.68 Bn | 35.03% |
| 2 | Rtx | 252.88 Bn | 226.09 Bn | 5.13 Bn | 20.77% |
| 3 | Boeing | 145.76 Bn | 52.46 Bn | 2.41 Bn | 9.83% |
| 4 | Lockheed Martin | 119.56 Bn | 106.28 Bn | 2.45 Bn | 12.19% |
| 5 | Howmet Aerospace | 91.38 Bn | 86.98 Bn | 951.00 Mn | 37.34% |
| 6 | General Dynamics | 90.40 Bn | 77.51 Bn | 2.18 Bn | 15.49% |
| 7 | Motorola Solutions | 74.81 Bn | 71.18 Bn | 1.68 Bn | 53.56% |
| 8 | Northrop Grumman | 71.85 Bn | 61.10 Bn | 2.12 Bn | 19.50% |
| 9 | Honeywell International | 67.04 Bn | 19.48 Bn | 3.65 Bn | 37.59% |
| 10 | Wrap Technologies | 74.85 Mn | 53.37 Mn | 1.55 Mn | 75.29% |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 75.29% |
| Mar 31, 2026 | 62.20% |
| Dec 31, 2025 | 52.28% |
| Sep 30, 2025 | 59.22% |
| Jun 30, 2025 | 48.12% |
| Mar 31, 2025 | 77.78% |
| Dec 31, 2024 | 47.40% |
| Sep 30, 2024 | 39.63% |
| Jun 30, 2024 | 62.56% |
| Mar 31, 2024 | 56.64% |
| Dec 31, 2023 | -49.41% |
| Sep 30, 2023 | 59.96% |
| Jun 30, 2023 | 55.57% |
| Mar 31, 2023 | 49.51% |
| Dec 31, 2022 | 47.42% |
| Sep 30, 2022 | 53.56% |
| Jun 30, 2022 | 39.23% |
| Mar 31, 2022 | 41.71% |
| Dec 31, 2021 | 30.13% |
| Sep 30, 2021 | 9.20% |
API Access
Wrap Technologies Gross Margin API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=gross-margin&ticker=WRAP&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "gross-margin", "ticker": "WRAP", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=gross-margin&ticker=WRAP&period=max&api_key=YOUR_API_KEY");
const data = await res.json();