QualityStocksNewsBreaks – Wrap Technologies, Inc. (NASDAQ: WRAP) Q2 Revenue Jumps 103% as Gross Margin Expands to 75%
Wrap Technologies (NASDAQ: WRAP) a global leader in innovative public safety technologies, reported second-quarter 2026 revenue of $2.1 million, up 103% from $1.0 million a year earlier, while gross profit increased 217% to $1.5 million and gross margin expanded to approximately 75% from 48%. Loss from operations improved 21% to $2.3 million and net loss improved 39% to $2.3 million. Cash and cash equivalents totaled $4.8 million at June 30, up from $3.5 million at year-end. For the first six months of 2026, revenue increased 78% to $3.2 million, including product sales of $2.6 million, while gross profit rose 106% to…