WRAP TECHNOLOGIES, INC. (WRAP) Form 8-K — Aug 11, 2026
Wrap Technologies reported Q2 2026 revenue of $2.1 million, up 103% year over year, with gross margin expanding to roughly 75% and net loss narrowing 39% to $2.3 million. Cash rose to $4.8 million while total liabilities fell to $2.0 million after the termination of the company's former office lease. Subsequent to quarter end, the ATF classified the BolaWrap 150 as an instrument of restraint and rescue tool rather than a firearm or weapon, removing a key deployment barrier and opening a private-security market of more than 1.2 million licensed U.S. security officers.
Key figures
- Revenue
- 2100000
- Guidance
- Management previously targeted 100% revenue growth for 2026 and is not updating that target, but cautioned final 2026 revenue may differ materially from expectations due to revenue recognition timing.
- Revenue Yoy
- 103%
- Cash Position
- 4800000
- H1 revenue yoy
- 78%
- H1 2026 revenue
- 3200000
- Q2 gross profit
- 1500000
- Cash dec 31 2025
- 3500000
- H1 product sales
- 2600000
- Q2 gross profit yoy
- 217%
- Net loss improvement
- 39%
- Q2 gross margin 2025
- ~48%
- Q2 gross margin 2026
- ~75%
- Prior year q2 revenue
- 1000000
- Q2 operating expenses
- 3800000
- H1 cash burn improvement
- 27%
- Fy2026 revenue growth target
- 100%
- Q2 operating loss improvement
- 21%
- Total liabilities dec 31 2025
- 3900000
- Total liabilities jun 30 2026
- 2000000
- Us licensed security officers
- 1200000
- Active grant programs identified
- 11
Price after filing
Close on the filing date to close N calendar days later (from $1.83). Historical, not a forecast.
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