Filing Flows › Wrap Technologies (WRAP) › Q1 2026 › vs Q4 2025
Wrap Technologies (WRAP) Q1 2026 vs Q4 2025 (quarter over quarter)
Wrap Technologies's revenue fell $293K (-21%) from $1.4M in Q4 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 Q4 2025, the increases inside each band.
Every line
| Line | Q1 2026 | Q4 2025 | Change | % |
|---|---|---|---|---|
| Revenue | $1.1M | $1.4M | −$293K | -21% |
| Other income, net | $229K | $0 | $229K | — |
| Net loss | $4.5M | $3.9M | $596K | +15% |
| Costs & expenses | $5.9M | $5.3M | $532K | +10% |
| Operating costs | $5.9M | $5.3M | $532K | +10% |
| Cost of revenue | $420K | $670K | −$250K | -37% |
| Operating cash sources | $4.5M | $3.9M | $596K | +15% |
| Depreciation & amortization | $56K | $139K | −$83K | -60% |
| Share-based compensation | $2.4M | $1.0M | $1.4M | +138% |
| Working capital & other | $854K | $137K | $717K | +523% |
| Cash used in operations | $1.2M | $2.7M | −$1.4M | -53% |
| Net loss absorbed | $4.5M | $3.9M | $596K | +15% |
Questions
How much did Wrap Technologies's revenue grow quarter over quarter in Q1 2026?
Wrap Technologies's revenue fell $293K (-21%) from $1.4M in Q4 2025 to $1.1M in Q1 2026.