Wrap Technologies (WRAP) Gross Margin (2018 - 2026)

Wrap Technologies (WRAP) has reported Gross Margin for 9 consecutive years, with 62.2% the latest figure, recorded in Q1 2026.

• Gross Margin for Q1 2026 came in at 62.2%, down 1558.0% year-over-year; the trailing twelve-month figure through Mar 2026 was 55.7% (down 832.0% YoY), and the FY2025 annual result was 57.77%, up 308.0% from the prior year.
• Gross Margin was 62.2% for Q1 2026 at Wrap Technologies, up from 52.28% in the prior quarter.
• Over five years, Gross Margin peaked at 78.66% in Q2 2024 and troughed at 66.14% in Q4 2023.
• Average Gross Margin over 5 years is 48.48%, with a median of 52.28% recorded in 2025.
• Year-over-year, Gross Margin plunged 11356 bps in 2023 and soared 11354 bps in 2024.
• Over 5 years, Gross Margin stood at 47.42% in 2022, then tumbled by 239 bps to 66.14% in 2023, then soared by 172 bps to 47.4% in 2024, then increased by 10 bps to 52.28% in 2025, then climbed by 19 bps to 62.2% in 2026.
• Per Business Quant data, the three most recent Gross Margin figures were 62.2% in Q1 2026, 52.28% in Q4 2025, and 59.22% in Q3 2025.