10x Insights
Loading account…
Companies / Industrials / WRAP TECHNOLOGIES, INC.
WRAP

WRAP TECHNOLOGIES, INC.

IndustrialsFabricated Metal
Ticker WRAPMIAMI, FLFiscal year ends DecemberBook value per share $0.24Diluted shares 54.9M

Wrap Technologies, Inc. (NASDAQ: WRAP) is 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. The company's website is www.wraptech.com. From the company’s description.

Fiscal year 2025 · ends 12-31Changes are against fiscal 2024The amber dot is the latest twelve months, to 2026-06-30
Sales & profitability
$4.67M
+3.7% year over year
Last 12 mo $6.06M
-288.63%
+56.8 percentage points
Last 12 mo -226.65%
$-10.34M
−75.9% year over year
Last 12 mo $-13.51M
-89.95%
+2260.1 percentage points
Last 12 mo -101.26%
Cash & financing
$-10.29M
−26.6% year over year
Last 12 mo $-8.96M
$-10.39M
−27.7% year over year
Last 12 mo $-9.06M
0.01
Was 0.11× a year earlier
50.4M
+10.5% year over year
Last 12 mo 54.9M

Margins and return on equity change in ; everything else in percent. Fewer shares and less debt are shown plainly, not as bad news — it depends what you make of buybacks. Dotted labels explain each measure. is shown separately from the annual figures.

What WRAP TECHNOLOGIES, INC. does

In the company’s own words

Wrap Technologies, Inc. (NASDAQ: WRAP) is 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. The company's website is www.wraptech.com.

The company's core business centers on providing officers and agencies with integrated systems combining tools, training, and tactics to enable safer outcomes during encounters. Wrap's primary product is the BolaWrap device, a handheld non-lethal tool that deploys a Kevlar tether to entangle a subject's arms and legs, creating a controlled interruption that gives officers time and tactical advantage without relying on pain compliance or neuromuscular incapacitation. The BolaWrap 150, introduced in 2022, represents the current generation of this technology and generates recurring revenue through consumable cassettes required for each deployment.

Beyond BolaWrap, Wrap operates several complementary business lines. Wrap Reality is an immersive virtual reality training platform providing scenario-based instruction focused on human-factors awareness and decision-making under stress. WrapTactics, launched in 2025, is a subscription-based digital training platform delivering short-form tactical instruction. WrapVision, also launched in 2025, is a body-worn camera solution assembled in North America paired with a cloud-based digital evidence management platform. The company is also advancing counter-unmanned aircraft system technologies through its MERLIN program, applying its proprietary tether deployment technology to non-lethal drone interdiction applications.

Wrap's addressable markets include the domestic law enforcement sector encompassing over 900,000 full-time sworn officers across more than 18,000 agencies, international law enforcement markets spanning approximately 12 million police officers across more than 190 countries, correctional facilities with approximately 240,000 officers, and emerging defense and homeland security markets. The company has shipped products to over 60 countries and maintains a network of international distributors.

The company operates through a direct sales model supplemented by distribution partners and strategic relationships. In 2025, Wrap formed Wrap Federal, a wholly-owned subsidiary dedicated to supporting U.S. federal government customers in the Department of Defense and Department of Homeland Security. Manufacturing and assembly operations are conducted at a facility in Norton, Virginia, with a commitment to domestic production and supply chain development.

Company details
Sector
Industrials
Industry
Fabricated Metal
Headquarters
MIAMI, FL
Fiscal year end
December
CIK
1702924
SIC
3480

Financial performance, year by year

Fiscal 2017–2025 · USD
$-34.05M$-22.57M$-11.09M$0.40M$11.88M201720182019202020212022202320242025Last 12 moLast 12 monthsLast 12 months

The full income statement, balance sheet and cash flow for each of these years — every figure traceable to its filing — is on the Financials tab with a free account.

Ownership

Who owns WRAP TECHNOLOGIES, INC. — and what changed

Funds as of 2026Q2 · superinvestors as of 2026-06-30

12
funds hold it
0 of 35
superinvestors hold it
$2.69M
held by funds, at market
3.7%
of shares held by funds

Largest fund holders · WRAP TECHNOLOGIES, INC.’s weight in each

VANGUARD TOTAL STOCK MARKET INDEX FUND
VTI · VANGUARD INDEX FUNDS
0.00%of fund net assets
VANGUARD EXTENDED MARKET INDEX FUND
VXF · VANGUARD INDEX FUNDS
0.00%of fund net assets
Fidelity Extended Market Index Fund
FSMAX · Fidelity Concord Street Trust
0.00%of fund net assets
iShares Micro-Cap ETF
IWC · iShares Trust
0.01%of fund net assets
Fidelity Total Market Index Fund
FSKAX · Fidelity Concord Street Trust
0.00%of fund net assets

Fund ownership is a floor, not a census — pensions, insurers and people holding shares directly are not visible here.

Fund ownership counts N-PORT filers only, so it is a floor rather than a census — pensions, insurers and direct holders are not visible here, and the remainder is not “held by individuals”.

Could not be determined for this company: bond issues.

Every fund and institutional holder, quarter by quarter, is on the Ownership tab with a free account.

Connected research

Put this business in context.

Compare this company with peers, find it in your funds and follow its financial history with your connected AI:

  • “How do WRAP TECHNOLOGIES, INC. and its peers compare on margins and cash generation over ten years?”
  • “Where did five years of WRAP TECHNOLOGIES, INC.'s earnings go — cash, debt, buybacks, reinvestment?”
  • “What changed in WRAP TECHNOLOGIES, INC.'s last four quarterly filings that the numbers alone won't show?”
See how it works →All research tools with a subscription. Use your own AI account.