---
schema_version: "secwatch.filing_event.v1"
accession: "0001493152-25-021986"
form_type: "8-K"
ticker: "WRAP"
cik: "0001702924"
company_name: "WRAP TECHNOLOGIES, INC."
filed_at: "2025-11-12T23:59:59+00:00"
generated_at: "2026-05-16T21:19:15.752283+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.6
calibrated_materiality_score: 0.6
confidence: "high"
source: SEC EDGAR
---

# Wrap Technologies Q3 gross revenue $2.0M (+241% YoY); operating loss narrows 24% to $2.8M

## Summary
- Gross revenue $2.0M, up 241% from $0.6M in Q3 2024; net revenue $1.5M, up 151%.
- Gross margin expanded to 59% from 40%; gross profit $0.9M, up 276%.
- Recurring subscription revenue $236k, ~12% of total gross revenue.
- Operating expenses $3.6M, down 6% YoY; operating loss improved to $2.8M from $3.6M.
- Nine-month operating loss improved to $9.5M from $10.9M; cash improvements noted.

## SEC filing metadata
- accession: 0001493152-25-021986
- form_type: 8-K
- ticker: WRAP
- cik: 0001702924
- company_name: WRAP TECHNOLOGIES, INC.
- filed_at: 2025-11-12T23:59:59+00:00
- event_type: earnings
- sentiment: positive
- materiality_score: 0.6
- calibrated_materiality_score: 0.6
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1702924/000149315225021986/0001493152-25-021986-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1702924/000149315225021986/form8-k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001493152-25-021986
- JSON: https://secwatch.observer/filing/0001493152-25-021986.json
- Plain text: https://secwatch.observer/filing/0001493152-25-021986.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.