Mikel Arteta has challenged his five-star Gunners to defy the odds and compete again for the title next season.
Granit Xhaka blew Wolves away with two goals inside 14 minutes on what was believed to have been his final appearance for the club.
Bukayo Saka, Gabriel Jesus and Jakub Kiwior completed the rout as the Gunners finished five points behind champions Manchester City.