WRAP's Q2 loss per share narrows year over year as gross margin expands despite higher SG&A expenses. Revenues more than double on stronger BolaWrap sales.
Wrap Technologies, Inc. (WRAP) Q2 2026 Earnings Call Transcript
Wrap Technologies NASDAQ: WRAP reported second-quarter revenue of $2.1 million, up 103% from $1.0 million a year earlier, as the company highlighted expanding product offerings, new training services and opportunities in private security, federal markets and threat detection.
| Name | Quantity | Cost | Value | Profit ($) | Gain (%) |
|---|---|---|---|---|---|
| BZ Brandon Zatopek Commonwealth Equity Services LLC | 14,147 | $17,259.34 | $26,454.89 | $9,195.55 | 53.28% |
Richard Slavik Newbridge Financial Services Group Inc. | 2,000 | $13,540 | $3,760 | -$9,780 | -72.23% |
Dinan Hu R Squared Ltd | 20,088 | $24,507.36 | $36,961.92 | $12,454.56 | 50.82% |
| KMT Kirk M. Tokheim Ameritas Advisory Services LLC | 1,000 | $1,220 | $1,880 | $660 | 54.1% |
| RCW Royal Capital Wealth Management LLC Royal Capital Wealth Management LLC | 89,521 | $256,314.79 | $168,299.48 | -$88,015.31 | -34.34% |
| Automobile Components Industry | Consumer Discretionary Sector | Scot Jason Cohen CEO | NASDAQ (CM) Exchange | 98212N107 CUSIP |
| US Country | 25 Employees | - Last Dividend | - Last Split | 29 May 2018 IPO Date |
Wrap Technologies, Inc. is a forward-thinking public safety technology and services company, dedicated to creating innovative solutions for law enforcement and security personnel worldwide. Founded in 2016 and headquartered in Tempe, Arizona, Wrap Technologies aims to revolutionize the way law enforcement agencies manage confrontations and bring noncompliant individuals into custody with minimal risk of injury. Their key mission is to provide tools that enhance the safety and effectiveness of law enforcement professionals and those they serve, operating across continents in the Americas, Europe, the Middle East, Africa, and the Asia Pacific.
A cutting-edge hand-held remote restraint device that represents the cornerstone of Wrap Technologies' product line. The BolaWrap 150 is designed to safely and effectively restrain noncompliant individuals by discharging an 8-foot Kevlar cord that entangles an individual's legs or arms from a distance of 10-25 feet. This tool is aimed at providing law enforcement and security personnel with a non-lethal means of control, reducing the necessity for physical force and potential for escalation during confrontations. It is engineered for situations where the safety of both the public and the individual is paramount, making it a valuable asset in diverse operational contexts around the globe.