Revenue doubled to $2.1 million as gross margins expanded to 75%.

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.

Moby summary of Wrap Technologies, Inc.'s Q2 2026 earnings call

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. Gross profit rose 217

The market sold a raised outlook, then bought part of it back a session later, and the disagreement is about memory prices and counter-drone hardware.

Its orders come from police budgets and counter-drone contracts rather than the economic cycle, yet the stock still falls harder than the market on down days.

Over the last 7 days, the United States market has risen 1.1%, contributing to a substantial 27% increase over the past year, with earnings projected to grow by 17% annually. The term 'penny stocks' might feel like a relic of past market eras, but the potential they represent is as real as ever. Typically referring to smaller or relatively new companies, these stocks can provide a mix of affordability and growth potential when paired with strong financials.