Wrap Technologies targets 100% revenue growth in 2026 after Q4 surge
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Wrap Accelerates Momentum Targeting 100% Revenue Growth in 2026; Company Reports Fourth Quarter and Full Year 2025 Results
March 26, 2026 4:00 PM EDTMIAMI, March 26, 2026 (GLOBE NEWSWIRE) -- Wrap Technologies, Inc. (NASDAQ: WRAP) (Wrap or the Company), a global leader in non-lethal response, today announced financial and operating results for the fourth quarter and full year ended December 31, 2025, highlighted by accelerating revenue growth, expanding margins, and improving operating efficiency as the Company targets approximately 100% revenue growth in 2026.
Fourth Quarter 2025 Financial Highlights (vs. Q4 2024):
Gross revenue increased 62% to $1.4 million, compared to $0.9 million in the prior-year periodProduct sales more than doubled to $1.2 million, compared to $0.6 million in the prior-year quarter, driven by increased domestic and... More