Key Highlights

  • 103% is the year-over-year Revenue growth Wrap Technologies, Inc. (NASDAQ:WRAP) reported for the quarter ended June 30, 2026, lifting revenue to USD 2.1 million from USD 1.0 million, with Gross Profit of USD 1.5 million.
  • 75% is the gross Margin Wrap Technologies, Inc. (NASDAQ:WRAP) achieved in the second quarter of 2026, up from about 48% a year earlier, while the net loss narrowed 39% to USD 2.3 million from USD 3.7 million.
  • 4.8 million USD is the cash and equivalents balance Wrap Technologies, Inc. (NASDAQ:WRAP) held at June 30, 2026, up from USD 3.5 million at December 31, 2025, with total liabilities falling to USD 2.0 million.
  • 4:30 p.m. ET on November 16, 2026 is when management of Wrap Technologies, Inc. (NASDAQ:WRAP) will host its third quarter 2026 earnings call, covering the quarter ended September 30, 2026.

What Investors Expect From Wrap Technologies, Inc. (NASDAQ:WRAP) on November 16, 2026

Wrap Technologies will discuss results for the third quarter ended September 30, 2026 on a call on Monday, November 16, 2026 at 4:30 p.m. ET, 1:30 p.m. Pacific Time, with a management presentation and questions. The announcement was issued on November 9, 2026, and the earnings release will be posted on the company Investor relations website before the call. The comparison base is the third quarter of 2025, when the company reported about USD 2 million of gross revenue, close to the USD 2.1 million posted in the second quarter of 2026.

The Rationale: Last Reported Quarter and Management Outlook for Wrap Technologies, Inc. (NASDAQ:WRAP)

In the quarter ended June 30, 2026, gross profit rose 217% to USD 1.5 million from USD 0.5 million. Total operating expenses were USD 3.8 million against USD 3.3 million, and the loss from operations improved 21% to USD 2.3 million from USD 2.9 million. Chief Executive Officer Scot Cohen called the quarter a strong one that reflects the transformation under way at the company. Management said it is not updating its prior target of 100% revenue growth for 2026 and warned that final revenue may differ materially. After quarter end, the ATF classified the BolaWrap 150 as an instrument of restraint and rescue tool, not a firearm or weapon.

Valuation, Liquidity and Risks for Wrap Technologies, Inc. (NASDAQ:WRAP)

Total liabilities were USD 2.0 million at June 30, 2026, compared with USD 3.9 million at December 31, 2025, and the company does not separately disclose debt. Cash of USD 4.8 million compares with a quarterly operating loss of USD 2.3 million, so the balance equals roughly two quarters of that loss, a calculated figure. Risks include the need to raise additional capital, customer concentration, procurement timing among public safety agencies, regulatory interpretation of its products, and the possibility that 2026 revenue differs materially from the growth target.

Where Things Stand

Wrap Technologies, Inc. (NASDAQ:WRAP) reports on November 16, 2026 with improving unit Economics but a small revenue base. Second quarter revenue of USD 2.1 million doubled from USD 1.0 million, gross margin reached 75%, and the net loss narrowed to USD 2.3 million. Operating expenses of USD 3.8 million still exceed gross profit of USD 1.5 million, so continued revenue growth is required to close the gap. Cash of USD 4.8 million is modest relative to the loss rate. The ATF classification of the BolaWrap 150 as a rescue tool removes a regulatory uncertainty, and the third quarter figures will show whether sales momentum is tracking the 100% growth target management has not updated.