Growth Metrics

Wrap Technologies (WRAP) Research & Development: 2017-2024

Historic Research & Development for Wrap Technologies (WRAP) over the last 8 years, with Dec 2024 value amounting to $2.3 million.

  • Wrap Technologies' Research & Development fell 68.31% to $167,000 in Q3 2025 from the same period last year, while for Sep 2025 it was $1.1 million, marking a year-over-year decrease of 57.13%. This contributed to the annual value of $2.3 million for FY2024, which is 28.25% down from last year.
  • Per Wrap Technologies' latest filing, its Research & Development stood at $2.3 million for FY2024, which was down 28.25% from $3.3 million recorded in FY2023.
  • Wrap Technologies' 5-year Research & Development high stood at $6.2 million for FY2021, and its period low was $2.3 million during FY2024.
  • Moreover, its 3-year median value for Research & Development was $3.3 million (2023), whereas its average is $3.6 million.
  • As far as peak fluctuations go, Wrap Technologies' Research & Development spiked by 122.80% in 2021, and later crashed by 35.66% in 2023.
  • Over the past 5 years, Wrap Technologies' Research & Development (Yearly) stood at $2.8 million in 2020, then spiked by 122.80% to $6.2 million in 2021, then decreased by 18.28% to $5.1 million in 2022, then tumbled by 35.66% to $3.3 million in 2023, then dropped by 28.25% to $2.3 million in 2024.