Company / Cost of Revenue
WRAP TECHNOLOGIES, INC. Cost of Revenue History
FY2018-FY2025 · Annual data · Source: SEC filings
At a glance
Latest annual filing availableLatest Cost of Revenue
$2.0M
FY2025
5-year range
$2.0M / $5.0M
FY2021-FY2025
Trend
-36.7%
vs FY2024
Sector context
Sector data unavailable
Latest sector comparison
What the data says
Cost of Revenue has declined for 3 consecutive years, from $5M in FY2022 to $2M in FY2025.
Based on SEC 10-K filings.
$2M in FY2025 with a 5-year CAGR of +37.2%.
Improved from $4M to $2M over the past 2 years.
Cost of Revenue over time
Growth rates
- 3-Year CAGR
- -25.7%
- 5-Year CAGR
- +37.2%
- 10-Year CAGR
- -
Key checks
Key Insights
- WRAP TECHNOLOGIES, INC.'s cost of revenue has declined for 3 consecutive years.
- 5-year CAGR of +37.2%, indicating consistent growth.
- In FY2025, cost of revenue decreased 36.7% year-over-year.
- Peak cost of revenue was recorded in FY2022.
Company context
Key Data Points
- Altman Z-Score -2.39 (distress zone, below 1.8 threshold)
- Low earnings quality (accrual-heavy earnings)
Data sourced from SEC EDGAR filings. Not investment advice.
Annual data
| Year | Cost of RevenueValue | YoY GrowthYoY |
|---|---|---|
| FY2025 | $2.0M | -36.7% |
| FY2024 | $3.2M | -25.2% |
| FY2023 | $4.3M | -13.5% |
| FY2022 | $5.0M | +91.7% |
| FY2021 | $2.6M | +519.3% |
| FY2020 | $420.0K | +2156.8% |
| FY2019 | $18.6K | - |
| FY2018 | $0 | - |
As of FY2025 · SEC 10-K · Updated Jun 28, 2026