Filing Flows › WM Technology (MAPS) › Q2 2026
WM Technology (MAPS) Q2 2026 earnings results (second quarter 2026)
10-Q filed Aug 6, 2026
WM Technology (MAPS) reported revenue of $42.4M for the second quarter 2026 (Q2 2026), -5% from a year earlier and -3% from the quarter before. Operating margin was 5.5%, net earnings $2.0M (4.8% of revenue).
WM Technology, Q2 2026: revenue $42.4M (-5% year over year), operating margin 5.5%, net earnings $2.0M, operating cash flow $8.2M. The chart follows the revenue to costs, profit and cash.
| Q2 2026 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $42.4M | -3% | -5% |
| Operating profit | $2.4M | 12× | +26% |
| Net earnings | $2.0M | +73% | +42% |
| Operating cash flow | $8.2M | — | -26% |
| Free cash flow | $3.5M | — | -58% |
What changed
Revenue was $42.4M in Q2 2026, down 5% year over year and down 3% from the previous quarter. Featured and deal listings was the largest line at 63% of revenue. Other ad solutions lost $1.9M year over year (down 43%), 80% of the total change.
Operating profit was $2.4M, a 5.5% margin (up 1.4 points year over year). Total costs fell 7% while revenue fell 5%. The fastest-growing cost line was Cost of revenue (+11%). Net earnings were $2.0M, up 42% year over year. The effective tax rate was 0.0%.
Operating cash flow was $8.2M (down 26% year over year), 285% of net income including minority interests. Non-cash charges added back $3.2M of depreciation and amortization and $1.2M of share-based compensation. Working capital and other items added $917K. Capital expenditures of $4.7M left free cash flow of $3.5M.
Questions
What was WM Technology's revenue in the second quarter 2026?
WM Technology (MAPS) reported revenue of $42.4M for the second quarter 2026 (Q2 2026), -5% from a year earlier and -3% from the quarter before.
Was WM Technology profitable in the second quarter 2026?
Operating profit was $2.4M (5.5% of revenue) and net earnings $2.0M.
Source: WM Technology 10-Q on SEC EDGAR.