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StonvexStonvexStonvexWrap Technologies reported Q1 2026 revenue of $1.1 million, up 45% year-over-year, with product sales surging 186% driven by BolaWrap 150 demand. The company achieved $3.2 million in bookings, improved cash burn by 59%, and reaffirmed its 100% revenue growth target for 2026 while expanding internationally and pursuing federal market opportunities.
Wrap Technologies reported Q1 2026 revenue of $1.1 million, up 45% year-over-year, with product sales surging 186% driven by increased demand for BolaWrap 150 devices. The company achieved $3.2 million in bookings and improved cash burn by 59%. Management reaffirmed its 100% revenue growth target for 2026, citing strengthened pipeline visibility and expanding international adoption across India, Panama, Brazil, Malta, and the UK. The company is actively pursuing federal market opportunities and developing drone counter-drone solutions.
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