Wrap Technologies (WRAP) Research & Development (2017 - 2026)

Wrap Technologies (WRAP) reported Research & Development of $105000.0 for Q1 2026, down 72.22% on a YoY basis from $378000.0 in Q1 2025, and up 118.65% quarter-over-quarter from -$563000.0 in Q4 2025.

Wrap Technologies (WRAP) Research & Development (2017 - 2026) Analysis & Trends

Wrap Technologies has reported Research & Development for 10 years, with the latest figure at $105000.0 in Q1 2026.

  • For the quarter ending Q1 2026, Research & Development fell 72.22% year-over-year to $105000.0; the trailing twelve-month figure through Mar 2026 stood at -$129000.0 (down 106.55% YoY), and the FY2025 full-year result was $56000.0, down 97.61% from the prior year.
  • Research & Development for Q1 2026 stood at $105000.0, up from -$563000.0 in the prior quarter.
  • The five-year high for Research & Development was $1.5 million in Q1 2022, with the low at -$563000.0 in Q4 2025.
  • Historically, Research & Development has averaged $643352.9 across 5 years, with a median of $610000.0 in 2023.
  • Annual changes were most pronounced in 2022 — Research & Development soared 40.38% — and 2025, when it slumped 246.61%.
  • Wrap Technologies' Research & Development stood at $868000.0 in 2022, then plunged by 32.72% to $584000.0 in 2023, then tumbled by 34.25% to $384000.0 in 2024, then tumbled by 246.61% to -$563000.0 in 2025, then surged by 118.65% to $105000.0 in 2026.
  • The last three Research & Development figures came in at $105000.0 (Q1 2026), -$563000.0 (Q4 2025), and $167000.0 (Q3 2025), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) R&D (Qtr)
1 Coherent 67.67 Bn 66.37 Bn 679.95 Mn 185.99 Mn
2 Keysight Technologies 57.00 Bn 54.83 Bn 995.00 Mn 303.00 Mn
3 Garmin 45.82 Bn 43.12 Bn 1.04 Bn 295.82 Mn
4 Teledyne Technologies 28.64 Bn 28.34 Bn 673.80 Mn 84.60 Mn
5 Mks 21.67 Bn 21.10 Bn 507.00 Mn 81.00 Mn
6 Fortive 19.42 Bn 19.07 Bn 675.50 Mn 66.50 Mn
7 Trimble 12.42 Bn 12.19 Bn 646.30 Mn 169.50 Mn
8 Cognex 10.23 Bn 9.94 Bn 190.94 Mn 37.03 Mn
9 Esco Technologies 7.86 Bn 7.77 Bn 131.32 Mn -
10 Wrap Technologies 66.42 Mn 59.16 Mn 691,000.00 105,000.00

Historic Data

Download Data
DateValue
Mar 31, 2026 105,000.00
Dec 31, 2025 -563,000.00
Sep 30, 2025 167,000.00
Jun 30, 2025 162,000.00
Mar 31, 2025 378,000.00
Dec 31, 2024 384,000.00
Sep 30, 2024 527,000.00
Jun 30, 2024 679,000.00
Mar 31, 2024 755,000.00
Dec 31, 2023 584,000.00
Sep 30, 2023 610,000.00
Jun 30, 2023 1.00 Mn
Mar 31, 2023 1.07 Mn
Dec 31, 2022 868,000.00
Sep 30, 2022 1.24 Mn
Jun 30, 2022 1.48 Mn
Mar 31, 2022 1.50 Mn
Dec 31, 2021 1.91 Mn
Sep 30, 2021 2.08 Mn
Jun 30, 2021 1.16 Mn