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

Wrap Technologies has reported Gross Profit for 9 years, with the latest figure at $691000.0 in Q1 2026.

• For the quarter ending Q1 2026, Gross Profit rose 16.13% year-over-year to $691000.0; the trailing twelve-month figure through Mar 2026 stood at $2.8 million (up 25.67% YoY), and the FY2025 full-year result was $2.7 million, up 9.49% from the prior year.
• Gross Profit for Q1 2026 stood at $691000.0, down from $734000.0 in the prior quarter.
• The five-year high for Gross Profit was $2.2 million in Q3 2023, with the low at -$291000.0 in Q4 2023.
• Historically, Gross Profit has averaged $735058.8 across 5 years, with a median of $668000.0 in 2023.
• Annual changes were most pronounced in 2022 — Gross Profit jumped 861.67% — and 2023, when it sank 117.12%.
• Wrap Technologies' Gross Profit stood at $1.7 million in 2022, then slumped by 117.12% to -$291000.0 in 2023, then soared by 240.89% to $410000.0 in 2024, then jumped by 79.02% to $734000.0 in 2025, then decreased by 5.86% to $691000.0 in 2026.
• The last three Gross Profit figures came in at $691000.0 (Q1 2026), $734000.0 (Q4 2025), and $883000.0 (Q3 2025), per Business Quant data.