10 years of revenue, profit, cash flow and balance-sheet history through FY2025,
from SEC filings — with a computed, factual read of the trend.
Updated Overview →
Growth & profitability
Revenue has grown 3.4% per year over the past 5 years.
Operating margin has expanded, at -288.6% in the latest year.
Financial health
The company is unprofitable and has less than a year of cash runway at its current free-cash-flow burn.
Revenue & net income
RevenueNet income
Margins (gross / operating / net)
GrossOperatingNet
Free cash flow (CFO − capex)
Free cash flow
Cash vs total debt
CashTotal debt
Cash flow: operating / investing / financing
OperatingInvestingFinancing
Key annual figures
FY
Revenue
Net income
Gross M
Op M
FCF
Total debt
Cash
2025
$5M
-$10M
57.8%
-288.6%
-$10M
—
$3M
2024
$5M
-$6M
54.7%
-345.4%
-$8M
—
$4M
2023
$6M
-$30M
47.4%
-305.3%
-$17M
—
$4M
2022
$8M
-$18M
46.4%
-220.3%
-$15M
—
$5M
2021
$8M
-$24M
25.8%
-316.9%
-$19M
—
$5M
2020
$4M
-$13M
34.1%
-331.6%
-$12M
—
$17M
2019
$696790
-$8M
39.7%
-1236.2%
-$9M
—
$17M
2018
$23150
-$3M
19.6%
-14417.4%
-$3M
—
$12M
2017
$0
-$833545
—
—
-$868812
—
$3M
2016
—
-$234356
—
—
-$187428
—
—
Revenue & net income
RevenueNet income
Margins (gross / operating / net)
GrossOperatingNet
Free cash flow (CFO − capex, quarterly)
Free cash flow
Cash vs total debt
CashTotal debt
Cash flow: operating / investing / financing
OperatingInvestingFinancing
Key quarterly figures
Quarter
Revenue
Net income
Gross M
Op M
FCF
Total debt
Cash
Mar '26
$1M
-$5M
62.2%
-429.3%
-$1M
—
$7M
Dec '25
$1M
-$4M
52.3%
-280.9%
-$3M
—
$3M
Sep '25
$1M
-$3M
59.2%
-185.2%
-$3M
—
$6M
Jun '25
$1M
-$4M
48.1%
-282.2%
-$2M
—
$4M
Mar '25
$765000
$109000
77.8%
-512.7%
-$3M
—
$6M
Dec '24
$865000
-$8M
47.4%
-535.6%
-$1M
—
$4M
Sep '24
$593000
$2M
39.6%
-611.5%
$330000
—
$5M
Jun '24
$2M
-$385000
62.6%
-201.5%
-$4M
—
$2M
Mar '24
$1M
$117000
56.6%
-280.4%
-$4M
—
$3M
Dec '23
$589000
-$18M
-49.4%
-1126.0%
-$4M
—
$4M
Sep '23
$4M
-$3M
60.0%
-75.7%
-$12M
—
$5M
Jun '23
$1M
-$5M
55.6%
-422.5%
$2M
—
$12M
Mar '23
$711000
-$4M
49.5%
-599.2%
-$3M
—
$10M
Dec '22
$4M
-$4M
47.4%
-100.5%
-$4M
—
$5M
Sep '22
$2M
-$4M
53.6%
-229.9%
-$5M
—
$4M
Jun '22
$1M
-$5M
39.2%
-410.6%
-$1M
—
$4M
Mar '22
$2M
-$5M
41.7%
-339.8%
-$5M
—
$5M
Dec '21
$2M
-$5M
30.1%
-213.9%
-$5M
—
$5M
Sep '21
$8M
-$6M
9.2%
-77.9%
-$4M
—
$10M
Jun '21
$2M
-$8M
-3.1%
-403.4%
-$6M
—
$13M
Valuation over time
How the market has priced WRAP against its own fundamentals since 2023-03 —
each month-end's share price set against the most recent annual filing, so the multiple moves
as price runs ahead of (or behind) earnings. Split-adjusted.
The price-to-sales ratio has risen from 11.6× (Mar '23) to 12.5× (Jun '26).
The dividend yield has risen from 0.0% (Jan '24) to 0.1% (Nov '25).
Price / sales (P/S)
P/S
Dividend yield (%)
Dividend yield %
Frequently asked questions
Is WRAP growing its revenue and profit?
Over the past 5 years, WRAP TECHNOLOGIES, INC.'s revenue has grown 3.4% per year. These are computed facts, not advice.
How much debt does WRAP have?
As of FY2025, WRAP TECHNOLOGIES, INC. reported — of total debt against $3M of cash.
What is WRAP's profit margin?
In FY2025, gross margin was 57.8%, operating margin -288.6%, and net margin -221.2%.
Where does this data come from?
All figures are extracted from the company’s SEC EDGAR/XBRL filings — 10-K annual reports and 10-Q quarterly reports (use the Annual / Quarterly toggle). Quarterly figures are derived from the as-filed statements (year-to-date amounts are differenced into discrete quarters). Growth rates and ratios are computed by tradmap; nothing here is investment advice.
Source: SEC EDGAR / XBRL (10-K + 10-Q filings) · prices EOD (Databento), corporate-action-adjusted ·
growth rates, valuation multiples & ratios computed by tradmap. Valuation uses each month-end price
against the latest annual filing. Informational only — not investment advice.