earnings
confidence high
sentiment positive
materiality 0.70
Wrap Technologies Q1 2026 revenue $1.1M (+45% YoY); Books $3.2M in orders; wins DHS contract
WRAP TECHNOLOGIES, INC.
2026-Q1 EPS reported
-$0.09
revenue$1,111,000
- Revenue $1.1M, up 45% YoY from $0.8M; product sales surged 186% to $0.9M.
- Bookings total $3.2M, including DHS purchase order for BolaWrap, marking federal adoption milestone.
- Net loss $(4.5)M vs net income $0.1M in prior year (which included $4.0M non-cash warrant gain).
- Cash $7.3M, up from $3.5M at Dec 2025; cash used in operations improved 59% to $(1.2)M.
- Drone/counter-drone pre-orders secured; strategic agreement in India expands international presence.