Growth Metrics

Wrap Technologies (WRAP) Operating Expenses: 2017-2024

Historic Operating Expenses for Wrap Technologies (WRAP) over the last 8 years, with Dec 2024 value amounting to $18.0 million.

  • Wrap Technologies' Operating Expenses fell 5.62% to $3.6 million in Q3 2025 from the same period last year, while for Sep 2025 it was $16.5 million, marking a year-over-year decrease of 14.40%. This contributed to the annual value of $18.0 million for FY2024, which is 16.63% down from last year.
  • Latest data reveals that Wrap Technologies reported Operating Expenses of $18.0 million as of FY2024, which was down 16.63% from $21.6 million recorded in FY2023.
  • In the past 5 years, Wrap Technologies' Operating Expenses ranged from a high of $26.5 million in FY2021 and a low of $14.4 million during FY2020.
  • Its 3-year average for Operating Expenses is $20.4 million, with a median of $21.5 million in 2022.
  • Per our database at Business Quant, Wrap Technologies' Operating Expenses spiked by 83.70% in 2021 and then dropped by 18.97% in 2022.
  • Over the past 5 years, Wrap Technologies' Operating Expenses (Yearly) stood at $14.4 million in 2020, then soared by 83.70% to $26.5 million in 2021, then dropped by 18.97% to $21.5 million in 2022, then climbed by 0.76% to $21.6 million in 2023, then dropped by 16.63% to $18.0 million in 2024.