Wrap Technologies (WRAP)
NASDAQ:WRAP
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Earnings Data
Report Date
Aug 12, 2026After Close (Confirmed)
Period Ending
2026 (Q2)Consensus EPS Forecast
―Last Year’s EPS
-0.08Same Quarter Last Year
Based on 0 Analysts Ratings
Earnings Call Summary
Q1 2026
Earnings Call Date:May 13, 2026|
% Change Since:
|
Earnings Call Sentiment|Positive
The call conveyed meaningful early commercial traction: strong top-line growth (+45% revenue) and very large product sales expansion (+186%), improved bookings ($3.2M) and materially lower operating cash use. Management emphasized increased pipeline visibility, international expansion and early traction in drone/counter-drone solutions. Offsetting risks included a notable decline in gross margin (62% vs 78%), a drop in technology-enabled services revenue (~60%), and higher operating expenses and share-based compensation, along with financing/dilution risk and execution dependency on external procurement/funding decisions. On balance, the call presented more substantive progress and growth signals than setbacks, though material margin and financing risks remain.Company Guidance
Top-Line Revenue Growth
Total revenue was $1.1 million in Q1 FY2026, up 45% year-over-year from $0.8 million, demonstrating early commercial traction.
Explosive Product Sales Expansion
Product sales (core measure of agency adoption) increased to $0.9 million, up 186% year-over-year from $0.3 million, driven by domestic and international demand for the BolaWrap 150 line and reorders from an active installed base.
Stronger Bookings and Pipeline Visibility
Bookings grew to $3.2 million, management reports improved visibility into the pipeline and strengthened conviction in a 100% revenue growth target for FY2026 if conversion continues.
Recurring Revenue and Consumables Momentum
Cassettes/consumables represented a growing portion of product revenue as device deployments increase; subscription activity for Wrap Reality, WrapTactics and WrapVision is beginning to build, supporting a shift toward higher-quality, recurring revenue over time.
Gross Profit Increased
Gross profit rose 16% to $0.7 million (from $0.6 million), reflecting higher sales volume.
Improved Operating Cash Use
Cash used in operating activities improved to $1.2 million, a 59% improvement versus the prior year period ($3.1 million), indicating reduced cash burn alongside continued sales and go-to-market investment.
International and Product Diversification Traction
Expanded international footprint with engagements and reorders in India, Panama, Brazil, Malta, the U.K., plus early commercial traction and preorders for drone and counter-drone solutions (including follow-on DFR-X orders), suggesting product diversification beyond the handheld BolaWrap.
Management Execution and Go-to-Market Validation
Management cites agencies shifting toward agency-wide adoption (hardware + tech + training + policy) and early evidence the go-to-market strategy is converting, with federal/defense positioning (TAA-compliance, Carahsoft partnership) progressing.
WRAP Earnings History
The table shows recent earnings report dates and whether the forecast was beat or missed. See the change in forecast and EPS from the previous year.
Beat
Missed
WRAP Earnings-Related Price Changes
Report Date | Price 1 Day Before | Price 1 Day After | Percentage Change |
|---|---|---|---|
May 13, 2026 | $1.44 | $1.65 | +14.58% |
Mar 26, 2026 | $1.46 | $1.50 | +2.74% |
Nov 12, 2025 | $2.10 | $2.14 | +1.90% |
Aug 14, 2025 | $1.51 | $1.53 | +1.32% |
Earnings announcements can affect a stock’s price. This table shows the stock's price the day before and the day after recent earnings reports, including the percentage change.
FAQ
When does Wrap Technologies (WRAP) report earnings?
Wrap Technologies (WRAP) is schdueled to report earning on Aug 12, 2026, After Close (Confirmed).
What is Wrap Technologies (WRAP) earnings time?
Wrap Technologies (WRAP) earnings time is at Aug 12, 2026, After Close (Confirmed).
Where can I see when companies are reporting earnings?
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What companies are reporting earnings today?
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What is WRAP EPS forecast?
Currently, no data Available