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| Date | Value |
|---|---|
| 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 |