Company / Gross Margin
WRAP TECHNOLOGIES, INC. Gross Margin History
FY2019-FY2025 · Annual data · Source: SEC filings
At a glance
Latest annual filing availableLatest Gross Margin
54.7%
FY2025
5-year range
25.8% / 54.7%
FY2021-FY2025
Trend
+15.4%
vs FY2024
Sector context
Sector data unavailable
Latest sector comparison
What the data says
Gross Margin has increased for 3 consecutive years, from 25.8% in FY2022 to 54.7% in FY2025.
Based on SEC 10-K filings.
54.7% in FY2025 with a 5-year CAGR of +15.0%.
Improved from 46.4% to 54.7% over the past 2 years.
Gross Margin over time
Growth rates
- 3-Year Change
- +28.9pp
- 5-Year Change
- +15.0pp
- 10-Year Change
- -
Key checks
Key Insights
- WRAP TECHNOLOGIES, INC.'s gross margin has grown for 3 consecutive years.
- In FY2025, gross margin increased 15.4% year-over-year.
- Lowest gross margin in the period was in FY2019.
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 | Gross MarginValue | YoY GrowthYoY |
|---|---|---|
| FY2025 | 54.7% | +15.4% |
| FY2024 | 47.4% | +2.1% |
| FY2023 | 46.4% | +79.7% |
| FY2022 | 25.8% | -24.2% |
| FY2021 | 34.1% | -14.3% |
| FY2020 | 39.7% | +102.5% |
| FY2019 | 19.6% | - |
| FY2018 | - | - |
As of FY2025 · SEC 10-K · Updated Jun 28, 2026