Quick Answer
WRAP TECHNOLOGIES, INC. reported R&D Expense of $56.0 thousand for fiscal year 2025.
WRAP TECHNOLOGIES, INC. R&D Expense — Annual History
| Fiscal Year | R&D Expense | YoY Change |
|---|---|---|
| 2025 | $56.0K | -97.6% |
| 2024 | $2.34M | -28.3% |
| 2023 | $3.27M | -35.7% |
| 2022 | $5.08M | -18.3% |
| 2021 | $6.21M | +122.8% |
| 2020 | $2.79M | +24.7% |
| 2019 | $2.24M | +204.4% |
| 2018 | $734.8K | +136.0% |
| 2017 | $311.3K | — |
Quarterly R&D Expense
| Quarter Ending | R&D Expense | YoY | QoQ |
|---|---|---|---|
| September 30, 2025 | $167.0K | -68.3% | +3.1% |
| June 30, 2025 | $162.0K | -76.1% | -57.1% |
| March 31, 2025 | $378.0K | -49.9% | -28.3% |
| September 30, 2024 | $527.0K | -13.6% | -22.4% |
| June 30, 2024 | $679.0K | -32.2% | -10.1% |
| March 31, 2024 | $755.0K | -29.6% | +23.8% |
| September 30, 2023 | $610.0K | -50.6% | -39.1% |
| June 30, 2023 | $1.00M | -32.1% | -6.5% |
- WRAP TECHNOLOGIES, INC. showed a decrease of -97.6% in R&D Expense compared to the prior fiscal year.
- Over the 2017–2025 period, WRAP TECHNOLOGIES, INC.’s r&d expense has declined by 82.0% (from $311.3 thousand to $56.0 thousand).
- The most recent figure is from WRAP TECHNOLOGIES, INC.’s fiscal year 2025 report (Form 10-K), filed with the SEC on March 26, 2026.
- All figures are sourced from SEC EDGAR XBRL filings, last verified June 17, 2026.
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