Wrap Technologies (WRAP) Operating Expenses (2017 - 2026)

Wrap Technologies has reported Operating Expenses for 10 years, with the latest figure at $5.5 million in Q1 2026.

• For the quarter ending Q1 2026, Operating Expenses rose 20.88% year-over-year to $5.5 million; the trailing twelve-month figure through Mar 2026 stood at $17.1 million (down 2.56% YoY), and the FY2025 full-year result was $16.2 million, down 10.25% from the prior year.
• Operating Expenses for Q1 2026 stood at $5.5 million, up from $4.7 million in the prior quarter.
• The five-year high for Operating Expenses was $6.3 million in Q4 2023, with the low at $3.3 million in Q2 2025.
• Historically, Operating Expenses has averaged $4.9 million across 5 years, with a median of $4.9 million in 2023.
• Annual changes were most pronounced in 2022 — Operating Expenses tumbled 32.31% — and 2026, when it rose 20.88%.
• Wrap Technologies' Operating Expenses stood at $5.3 million in 2022, then climbed by 19.6% to $6.3 million in 2023, then dropped by 20.47% to $5.0 million in 2024, then decreased by 7.24% to $4.7 million in 2025, then grew by 16.72% to $5.5 million in 2026.
• The last three Operating Expenses figures came in at $5.5 million (Q1 2026), $4.7 million (Q4 2025), and $3.6 million (Q3 2025), per Business Quant data.