Wrap Technologies (NASDAQ:WRAP) Releases Earnings Results

Wrap Technologies (NASDAQ:WRAP) posted its quarterly earnings results on Thursday. The company reported ($0.08) earnings per share for the quarter, FiscalAI reports. Wrap Technologies had a negative return on equity of 108.96% and a negative net margin of 198.63%.The business had revenue of $1.40 million for the quarter.

Here are the key takeaways from Wrap Technologies’ conference call:

• Company is relaunching as an integrated non‑lethal response solutions provider, bundling BolaWrap hardware with the scaled digital training platform WrapTactics; the relaunch is expected within 30–45 days.
• Financial momentum: full‑year revenue rose 15% to $5.2 million, Q4 revenue rose 62% to $1.4 million, tech‑enabled services were up 85% to $1.7 million, and gross margin expanded to 58% while operating expenses fell 10%.
• Net loss widened to $10.3 million (from $5.9M) driven primarily by a $6.4 million reduction in non‑cash warrant fair‑value gains and a one‑time non‑cash impairment; management says it recently raised $5M and is not currently in the market for more capital.
• Operational traction and pipeline: >10,000 deployed units (76% on latest model), consumable reorders, average deal size increased ~6x from H1 to Q4, majority of new agency wins in H2, and management is targeting 100% revenue growth in 2026 based on current pipeline.
• Product and market expansion (Counter‑UAS/drone payloads, Carahsoft federal channel, and international distributor pre‑orders) show early interest and preorders, but commercialization and large federal/international wins remain at an early and uncertain stage.

Wrap Technologies Trading Up 2.7%

Wrap Technologies stock opened at $1.50 on Friday. The firm has a market capitalization of $81.75 million, a P/E ratio of -7.14 and a beta of 1.51. Wrap Technologies has a 1 year low of $1.20 and a 1 year high of $3.23. The business has a 50-day moving average of $1.82 and a 200-day moving average of $2.21.

Insider Buying and Selling at Wrap Technologies

In related news, major shareholder Elwood G. Norris sold 80,000 shares of the stock in a transaction that occurred on Thursday, January 29th. The shares were sold at an average price of $2.21, for a total value of $176,800.00. Following the sale, the insider directly owned 5,303,033 shares in the company, valued at $11,719,702.93. This trade represents a 1.49% decrease in their position. The sale was disclosed in a legal filing with the SEC, which is available at this link. 33.26% of the stock is owned by corporate insiders.

Institutional Investors Weigh In On Wrap Technologies

Several large investors have recently bought and sold shares of the company. HRT Financial LP acquired a new stake in Wrap Technologies in the fourth quarter worth $27,000. XTX Topco Ltd acquired a new position in Wrap Technologies in the 2nd quarter worth $32,000. Osaic Holdings Inc. raised its stake in shares of Wrap Technologies by 13.6% in the 2nd quarter. Osaic Holdings Inc. now owns 53,708 shares of the company’s stock valued at $84,000 after purchasing an additional 6,442 shares during the period. Barclays PLC bought a new stake in shares of Wrap Technologies in the fourth quarter valued at about $96,000. Finally, Squarepoint Ops LLC lifted its holdings in shares of Wrap Technologies by 45.3% in the third quarter. Squarepoint Ops LLC now owns 50,209 shares of the company’s stock valued at $109,000 after purchasing an additional 15,650 shares in the last quarter. Institutional investors own 8.82% of the company’s stock.

Wall Street Analyst Weigh In

Separately, Weiss Ratings reaffirmed a “sell (d-)” rating on shares of Wrap Technologies in a report on Friday, January 9th. One analyst has rated the stock with a Sell rating, Based on data from MarketBeat.com, the stock has a consensus rating of “Sell”.

Wrap Technologies Company Profile

Wrap Technologies, Inc (NASDAQ: WRAP) is a designer and manufacturer of less-lethal restraint devices aimed at law enforcement and security professionals. Its flagship product, the BolaWrap®, is a handheld remote restraint tool that deploys a Kevlar-reinforced cord to safely immobilize individuals from a distance of up to 25 feet. The system is engineered to support de-escalation tactics and reduce reliance on physical force in high-risk encounters.

Based in Scottsdale, Arizona, Wrap Technologies oversees product development, testing and training at its headquarters.