Filing Flows › Wrap Technologies (WRAP) › Q2 2026
Wrap Technologies (WRAP) Q2 2026 earnings results (second quarter 2026)
10-Q filed Aug 11, 2026
Wrap Technologies (WRAP) reported revenue of $2.1M for the second quarter 2026 (Q2 2026), +103% from a year earlier and +85% from the quarter before. Operating margin was -109.7%, net loss $2.3M (110.0% of revenue).
Wrap Technologies, Q2 2026: revenue $2.1M (+103% year over year), operating margin -109.7%, net loss $2.3M, operating cash flow −$2.4M. The chart follows the revenue to costs, profit and cash.
| Q2 2026 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $2.1M | +85% | +103% |
| Operating profit | −$2.3M | — | — |
| Net earnings | −$2.3M | — | — |
| Operating cash flow | −$2.4M | — | — |
What changed
Revenue was $2.1M in Q2 2026, up 103% year over year and up 85% from the previous quarter.
Gross margin was 75.3%, up 27.2 points from Q2 2025. Operating costs exceeded revenue by $2.3M, an operating margin of -109.7%. Operating expenses grew 14% against revenue growth of 103%. The fastest-growing cost line was SG&A (+15%). The quarter ended with a net loss of $2.3M, narrower than the previous quarter's $4.5M loss.
Operating cash flow was −$2.4M. Non-cash charges added back $55K of depreciation and amortization and $1.0M of share-based compensation. Working capital and other items used $1.2M. Capital expenditures of $6K exceeded it, leaving free cash flow of −$2.4M.
Questions
What was Wrap Technologies' revenue in the second quarter 2026?
Wrap Technologies (WRAP) reported revenue of $2.1M for the second quarter 2026 (Q2 2026), +103% from a year earlier and +85% from the quarter before.
Was Wrap Technologies profitable in the second quarter 2026?
Operating loss was $2.3M (-109.7% of revenue) and net loss $2.3M.
Source: Wrap Technologies 10-Q on SEC EDGAR.