Filing Flows › Wrap Technologies (WRAP) › Q1 2026 › vs Q1 2025
Wrap Technologies (WRAP) Q1 2026 vs Q1 2025 (year over year)
Wrap Technologies's revenue rose $346K (+45%) from $765K in Q1 2025 to $1.1M in Q1 2026.
Wrap Technologies, Q1 2026: revenue $1.1M (+45% year over year), operating margin -429.3%, net loss $4.5M, operating cash flow −$1.2M. The chart draws each line against Q1 2025, the increases inside each band.
Every line
| Line | Q1 2026 | Q1 2025 | Change | % |
|---|---|---|---|---|
| Revenue | $1.1M | $765K | $346K | +45% |
| Other income, net | $229K | $4.0M | −$3.8M | -94% |
| Net loss | $4.5M | −$109K | $4.6M | — |
| Costs & expenses | $5.9M | $4.8M | $1.1M | +23% |
| Operating costs | $5.9M | $4.7M | $1.2M | +25% |
| Cost of revenue | $420K | $170K | $250K | +147% |
| Research & development | $105K | $378K | −$273K | -72% |
| SG&A | $5.4M | $4.1M | $1.2M | +29% |
| Operating cash sources | $4.5M | −$109K | $4.6M | — |
| Depreciation & amortization | $56K | $155K | −$99K | -64% |
| Share-based compensation | $2.4M | $1.7M | $719K | +43% |
| Working capital & other | $854K | −$5.0M | $5.9M | — |
| Cash used in operations | $1.2M | $3.1M | −$1.8M | -59% |
| Net loss absorbed | $4.5M | −$109K | $4.6M | — |
Questions
How much did Wrap Technologies's revenue grow year over year in Q1 2026?
Wrap Technologies's revenue rose $346K (+45%) from $765K in Q1 2025 to $1.1M in Q1 2026.