Key Highlights

  • Second-quarter 2026 sales climbed 103%, moving from USD 1.0 million to USD 2.1 million, while Gross Profit landed at USD 1.5 million.
  • The net loss contracted 39%, moving from USD 3.7 million to USD 2.3 million, while gross Margin improved to 75% from roughly 48% a year earlier.
  • At June 30, 2026, cash and equivalents amounted to USD 4.8 million, compared with USD 3.5 million at the end of 2025, and total liabilities had dropped to USD 2.0 million.
  • The third-quarter discussion will take place Monday, November 16, 2026, after a November 9, 2026 announcement and a release that goes onto the Investor relations site before the call.

Earnings Call on November 16, 2026 Sets the Timeline for Wrap Technologies (NASDAQ:WRAP)

Management plans a presentation and question period on Monday, November 16, 2026, in which Wrap Technologies (NASDAQ:WRAP) will go over its third quarter 2026 numbers for the period ended September 30, 2026. Notice of the session went out on November 9, 2026, and the earnings release should appear on the investor relations website before the call begins. The third quarter of 2025 produced about USD 2 million in gross revenue, and the USD 2.1 million reported for the second quarter of 2026 landed near that prior-year level.

Gross Profit Gains and Narrower Losses in the Latest Quarter at Wrap Technologies (NASDAQ:WRAP)

Gross profit for Wrap Technologies (NASDAQ:WRAP) in the quarter ended June 30, 2026 reached USD 1.5 million, a 217% jump from USD 0.5 million. Operating expenses increased to USD 3.8 million, compared with USD 3.3 million, but the operating loss narrowed 21%, falling from USD 2.9 million to USD 2.3 million. Scot Cohen, Chief Executive Officer, called it a strong quarter that showed the transformation underway at the company. Management is keeping its earlier 100% Revenue growth target for 2026 in place, although it warned final revenue could diverge materially from that figure.

Liabilities, Cash Runway and Customer Risks at Wrap Technologies (NASDAQ:WRAP)

Wrap Technologies (NASDAQ:WRAP) reported total liabilities of USD 2.0 million at June 30, 2026, versus USD 3.9 million on December 31, 2025, and the company does not separately report debt. Cash of USD 4.8 million could fund about two quarters at the USD 2.3 million quarterly operating loss, a calculated figure. Exposure runs to fresh Capital requirements, a small customer base, public safety agencies' buying schedules, how regulators read its products, and whether 2026 revenue lands materially away from the growth goal. Wrap Technologies (NASDAQ:WRAP) also faces that last uncertainty directly.

Where Things Stand

Wrap Technologies (NASDAQ:WRAP) approaches its November 16, 2026 report with unit Economics improving on a still-small revenue base. Revenue of USD 2.1 million in the second quarter doubled from USD 1.0 million, gross margin rose to 75%, and the net loss shrank to USD 2.3 million. Spending of USD 3.8 million on operating expenses still tops gross profit of USD 1.5 million, so revenue must keep climbing to close that gap. The ATF classification of the BolaWrap 150 as a rescue tool eases one regulatory question, and the third quarter figures from Wrap Technologies (NASDAQ:WRAP) should reveal whether sales momentum matches the 100% growth target management left in place.