Wrap Technologies Reports $2 Million Gross Revenue in Q3

Reuters11-13

Wrap Technologies Reports $2 Million Gross Revenue in Q3

Wrap Technologies Inc. reported gross revenue of $2.0 million for the third quarter ended September 30, 2025, a 241% increase from $0.6 million in the same period in 2024. Net revenue for the quarter was $1.5 million, up 151% from the prior-year period. For the first nine months of 2025, gross revenue totaled $3.8 million compared to $3.6 million in 2024, while net revenue was $3.3 million versus $3.6 million. Recurring subscription sales for the quarter were $0.2 million, representing 12% of the total. Growth was primarily driven by increased sales of BolaWrap products and managed services revenue. During the period, the company launched non-lethal drone interdiction solutions, achieved milestones in counter-UAS development, and expanded public sector access through partnerships.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Wrap Technologies Inc. published the original content used to generate this news brief via EDGAR, the Electronic Data Gathering, Analysis, and Retrieval system operated by the U.S. Securities and Exchange Commission (Ref. ID: 0001493152-25-021986), on November 12, 2025, and is solely responsible for the information contained therein.

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