Wrap Technologies (WRAP) Operating Expenses (2017 - 2026)
Wrap Technologies (WRAP) posted Operating Expenses of $5.5 million for Q1 2026, up 16.72% quarter-over-quarter from $4.7 million in Q4 2025, and up 20.88% year-on-year from $4.5 million in Q1 2025.
Wrap Technologies (WRAP) Operating Expenses (2017 - 2026) Analysis & Trends
Wrap Technologies (WRAP) has reported Operating Expenses for 10 consecutive years, with $5.5 million the latest figure, recorded in Q1 2026.
- Operating Expenses for Q1 2026 came in at $5.5 million, up 20.88% year-over-year; the trailing twelve-month figure through Mar 2026 was $17.1 million (down 2.56% YoY), and the FY2025 annual result was $16.2 million, down 10.25% from the prior year.
- Operating Expenses was $5.5 million for Q1 2026 at Wrap Technologies, up from $4.7 million in the prior quarter.
- Over five years, Operating Expenses peaked at $6.3 million in Q4 2023 and troughed at $3.3 million in Q2 2025.
- Average Operating Expenses over 5 years is $4.9 million, with a median of $4.9 million recorded in 2023.
- Year-over-year, Operating Expenses sank 32.31% in 2022 and advanced 20.88% in 2026.
- Over 5 years, Operating Expenses stood at $5.3 million in 2022, then rose by 19.6% to $6.3 million in 2023, then retreated by 20.47% to $5.0 million in 2024, then declined by 7.24% to $4.7 million in 2025, then gained by 16.72% to $5.5 million in 2026.
- Per Business Quant data, the three most recent Operating Expenses figures were $5.5 million in Q1 2026, $4.7 million in Q4 2025, and $3.6 million in Q3 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Opex (Qtr) |
|---|---|---|---|---|---|
| 1 | Coherent | 3,591.32 Bn | 3,590.02 Bn | 679.95 Mn | 1.62 Bn |
| 2 | Novanta | 69.39 Bn | 69.00 Bn | 113.58 Mn | 86.04 Mn |
| 3 | Keysight Technologies | 57.75 Bn | 55.57 Bn | 995.00 Mn | 1.35 Bn |
| 4 | Teledyne Technologies | 30.63 Bn | 30.33 Bn | 673.80 Mn | 1.27 Bn |
| 5 | Fortive | 19.14 Bn | 18.79 Bn | 675.50 Mn | 483.80 Mn |
| 6 | Trimble | 12.33 Bn | 12.10 Bn | 646.30 Mn | 502.30 Mn |
| 7 | Cognex | 11.87 Bn | 11.58 Bn | 190.94 Mn | 131.07 Mn |
| 8 | Sensata Technologies Holding | 6.78 Bn | 6.14 Bn | 286.30 Mn | 793.20 Mn |
| 9 | Garmin | 4.63 Bn | 1.93 Bn | 1.04 Bn | 610.62 Mn |
| 10 | Wrap Technologies | 79.92 Mn | 72.66 Mn | 691,000.00 | 5.46 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 5.46 Mn |
| Dec 31, 2025 | 4.68 Mn |
| Sep 30, 2025 | 3.64 Mn |
| Jun 30, 2025 | 3.34 Mn |
| Mar 31, 2025 | 4.52 Mn |
| Dec 31, 2024 | 5.04 Mn |
| Sep 30, 2024 | 3.86 Mn |
| Jun 30, 2024 | 4.15 Mn |
| Mar 31, 2024 | 4.98 Mn |
| Dec 31, 2023 | 6.34 Mn |
| Sep 30, 2023 | 4.93 Mn |
| Jun 30, 2023 | 5.75 Mn |
| Mar 31, 2023 | 4.61 Mn |
| Dec 31, 2022 | 5.30 Mn |
| Sep 30, 2022 | 4.82 Mn |
| Jun 30, 2022 | 5.24 Mn |
| Mar 31, 2022 | 6.10 Mn |
| Dec 31, 2021 | 5.98 Mn |
| Sep 30, 2021 | 6.73 Mn |
| Jun 30, 2021 | 7.74 Mn |