Wrap Technologies (WRAP) Gross Profit (2018 - 2026)
Wrap Technologies' (WRAP) quarterly Gross Profit came in at $691000.0 in Q1 2026, up 16.13% YoY from $595000.0 in Q1 2025, and down 5.86% on a QoQ basis from $734000.0 in Q4 2025.
Wrap Technologies (WRAP) Gross Profit (2018 - 2026) Analysis & Trends
Wrap Technologies (WRAP) has 9 years of Gross Profit data on file, last reported at $691000.0 in Q1 2026.
- Quarterly Gross Profit rose 16.13% year-over-year to $691000.0 in Q1 2026, while the trailing twelve-month figure through Mar 2026 was $2.8 million (up 25.67% YoY) and the FY2025 annual result came in at $2.7 million, up 9.49% from the prior year.
- Gross Profit retreated to $691000.0 in Q1 2026, from $734000.0 in the prior quarter.
- In the past five years, Gross Profit ranged from a high of $2.2 million in Q3 2023 to a low of -$291000.0 in Q4 2023.
- A 5-year average of $735058.8 and a median of $668000.0 in 2023 frame the typical range for Gross Profit.
- Annual changes were most pronounced in 2022 — Gross Profit jumped 861.67% — and 2023, when it sank 117.12%.
- Tracing WRAP's Gross Profit over 5 years: 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.
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