Ordnance & Accessories, (No Vehicles/Guided Missiles) · SIC 3480

WRAP TECHNOLOGIES, INC.

WRAP

Watch

Latest revenue

$1.1M

as of 2026-03-31

Latest net income

$-4.5M

as of 2026-03-31

Net margin

-408.6%

as of 2026-03-31

Price · 5Y

-30.5% / yr 44.3 pts / yr vs S&P 500 83.7% total
Compare:

Live market

delayed ≤15 min
$1.46
0.69%
Market cap
$81.4M
Enterprise value
$81.4M
P/E (trailing)
Forward P/E
P/B
Dividend yield
0.0%
52-wk high
$3.23
52-wk low
$1.20
Beta
Shares out
55.7M

5-year trend

What this company does

AI

ITEM 1. BUSINESS Overview We are a global public safety technology and services company focused on delivering integrated non-lethal solutions for law enforcement, corrections, defense, and other public safety organizations worldwide. Our mission is to enable safer outcomes by providing officers and agencies with the tools, training, and tactics to gain proactive, lawful control of encounters, reducing risk to both officers and subjects, while preserving tactical advantage. We began sales of our first public safety product, the BolaWrap® 100 device, in late 2018. In the first quarter of 2022, we introduced the BolaWrap® 150, a next‑generation, electronically deployed device that is more…

AI summary unavailable — showing raw filing excerpt

Generated from WRAP's filing dated 2026-03-26

Key risks

AI

ITEM 1A. RISK FACTORS An investment in our Company involves a high degree of risk. In addition to the other information included in this Annual Report, you should carefully consider the following risk factors in evaluating an investment in our Company. You should consider these matters in conjunction with the other information included or incorporated by reference in this Annual Report. If any of the following risks actually occurs, our business, reputation, financial condition, results of operations, revenue, and future prospects could be negatively impacted. In that event, the market price of our Common Stock could decline, and you could lose part or all of your investment. RISK FACTOR…

AI summary unavailable — showing raw filing excerpt

Generated from WRAP's filing dated 2026-03-26

Profitability

Gross margin

57.8%

5.6%

Operating margin

-288.6%

16.4%

Net margin

-221.2%

69.7%

Return on equity

-89.9%

96.2%

Return on assets

-67.0%

72.5%

Leverage

Debt / equity

0.34×

99.4%

Debt / assets

25.5%

74.1%

Earnings tracker

QuarterRevenueYoYNet incomeYoYNet margin

Q1 2026

2026-03-31

$1.1M+214.7%$-4.5M-4265.1%-408.6%

Q4 2025

2025-12-31

$2.6M+76.0%$-4.1M+45.6%-154.0%

Q3 2025

2025-09-30

$1.5M+243.5%$-2.8M-261.0%-186.0%

Q2 2025

2025-06-30

$197.0K-84.3%$-3.6M-1250.0%-1836.5%

Q1 2025

2025-03-31

$353.0K-73.4%$109.0K-6.8%30.9%

Q4 2024

2024-12-31

$1.5M$-7.4M-498.1%

Q3 2024

2024-09-30

$434.0K-86.6%$1.7M+161.9%396.8%

Q2 2024

2024-06-30

$1.3M+21.0%$-268.0K+94.6%-21.4%

Year-over-year change vs the same fiscal quarter one year prior. Revenue + net income sourced from SEC 10-Q / 10-K filings — no analyst-consensus dependency.

Industry trend

Ordnance & Accessories, (No Vehicles/Guided Missiles) · SIC 3480

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Insider activity

Insider buying

$0

Insider selling

$3.1M

Net activity

−$3.1M

Distinct insiders

3

Open-market trades over the last 365 days.

Recent transactions

DateInsiderTypeSharesPriceValue
2026-02-10

Elwood G Norris

10%+ owner

Sale27,104$1.82$49.3K
2026-02-09

Elwood G Norris

10%+ owner

Sale35,000$1.82$63.6K
2026-02-06

Elwood G Norris

10%+ owner

Sale75,000$1.87$140.6K
2026-02-03

Elwood G Norris

10%+ owner

Sale20,000$2.20$44.0K
2026-02-02

Elwood G Norris

10%+ owner

Sale31,991$2.08$66.4K
2026-01-29

Elwood G Norris

10%+ owner

Sale80,000$2.21$176.6K
2026-01-28

Elwood G Norris

10%+ owner

Sale68,020$2.46$167.5K
2025-11-28

Elwood G Norris

10%+ owner

Sale5,000$2.15$10.8K
2025-11-26

Elwood G Norris

10%+ owner

Sale5,000$2.14$10.7K
2025-11-24

Elwood G Norris

10%+ owner

Sale30,000$2.06$61.7K
2025-11-21

Elwood G Norris

10%+ owner

Sale10,536$2.06$21.7K
2025-11-20

Elwood G Norris

10%+ owner

Sale17,008$2.02$34.3K
2025-11-19

Elwood G Norris

10%+ owner

Sale3,013$2.02$6.1K
2025-11-14

Elwood G Norris

10%+ owner

Sale55,000$2.36$129.7K
2025-11-13

Elwood G Norris

10%+ owner

Sale20,000$2.09$41.8K
2025-11-12

Elwood G Norris

10%+ owner

Sale25,000$2.16$54.0K
2025-11-11

Elwood G Norris

10%+ owner

Sale5,000$2.20$11.0K
2025-10-31

Elwood G Norris

10%+ owner

Sale55,000$2.82$155.0K
2025-10-30

Elwood G Norris

10%+ owner

Sale54,381$2.77$150.8K
2025-10-27

Elwood G Norris

10%+ owner

Sale5,000$2.65$13.3K

Source: SEC Form 4 filings. Officers, directors, and 10%+ owners must disclose share transactions within two business days. RSU grants and tax-withholding rows are excluded by default — compensation activity is not a trading signal.

Who owns WRAP

Institutional value

$4.8M

Total shares held

3.1M

Distinct holders

35

-24 vs prior

As of

2026-03-31

Prior: 2025-12-31

Filers with $100M+ AUM disclose holdings 45 days after quarter end.

Top institutional holders

#ManagerSharesValueQoQ changeAction
1VANGUARD CAPITAL MANAGEMENT LLC1.5M$2.4MNew
2BlackRock, Inc.524.7K$808.0K+5.1K (+1.0%)Added
3VANGUARD FIDUCIARY TRUST CO220.7K$339.9KNew
4LPL Financial LLC204.6K$315.1K+99.9K (+95.5%)Added
5BLAIR WILLIAM & CO/IL133.3K$205.3KNew
6ALERUS FINANCIAL NA97.8K$150.6K+0 (+0.0%)No change
7UBS Group AG82.1K$126.5K-137.7K (-62.6%)Trimmed
8JANE STREET GROUP, LLC65.1K$100.3K-55.2K (-45.9%)Trimmed
9Wealthspire Advisors, LLC44.8K$69.0K+0 (+0.0%)No change
10IMC-Chicago, LLC39.9K$61.4KNew
11Robertson Stephens Wealth Management, LLC38.6K$59.5K+2.4K (+6.8%)Added
12Seelaus Asset Management LLC30.9K$47.6K-200 (-0.6%)Trimmed
13Catalyst Funds Management Pty Ltd22.1K$34.0KNew
14Financial Security Advisor, Inc.17.0K$26.2K-16.9K (-49.9%)Trimmed
15COMMONWEALTH EQUITY SERVICES, LLC16.0K$24.6K+1.0K (+6.7%)Added
16Core Wealth Partners LLC11.4K$17.6K+0 (+0.0%)No change
17GRIFFIN ASSET MANAGEMENT, INC.10.0K$15.4KNew
18Vanguard Global Advisers, LLC9.0K$13.9KNew
19IAG Wealth Partners, LLC3.0K$4.6K+0 (+0.0%)No change
20NBC SECURITIES, INC.3.0K$4.6K+0 (+0.0%)No change

Source: SEC Form 13F-HR. Positions aggregated across sub-managers within each firm. Options (puts/calls) excluded — common stock only.

Top questions investors are asking

Coming once WRAP's latest filing finishes processing.