Filing Flows › WM Technology (MAPS) › Q3 2026 › vs Q3 2025
WM Technology (MAPS) Q3 2026 vs Q3 2025 (year over year)
WM Technology's revenue fell $3.7M (-9%) from $42.2M in Q3 2025 to $38.5M in Q3 2026. The biggest changes: Subtotal −$2.4M (-6%); Other ad solutions −$1.3M (-38%).
WM Technology, Q3 2026: revenue $38.5M (-9% year over year), operating margin -16.5%, net loss $5.9M, operating cash flow −$5.9M. The chart draws each line against Q3 2025, the increases inside each band.
Every line
| Line | Q3 2026 | Q3 2025 | Change | % |
|---|---|---|---|---|
| Featured Listings and WM deal products | $23.7M | $25.6M | −$1.9M | -7% |
| Standard Listings | $12.6M | $13.1M | −$493K | -4% |
| Subtotal | $36.3M | $38.7M | −$2.4M | -6% |
| Other ad solutions | $2.2M | $3.5M | −$1.3M | -38% |
| Revenue | $38.5M | $42.2M | −$3.7M | -9% |
| Other income, net | $465K | $1.7M | −$1.2M | -73% |
| Net loss | $5.9M | −$3.6M | $9.5M | — |
| Costs & expenses | $44.8M | $43.9M | $975K | +2% |
| Operating costs | $44.8M | $40.2M | $4.6M | +11% |
| Income tax | $7K | $13K | −$6K | -46% |
| Cost of revenue | $2.3M | $2.1M | $151K | +7% |
| Research & development | $8.0M | $8.1M | −$124K | -2% |
| Sales & marketing | $12.9M | $11.3M | $1.6M | +15% |
| General & admin | $18.1M | $15.6M | $2.5M | +16% |
| Other operating costs | $3.5M | $3.1M | $435K | +14% |
| Operating cash sources | $10.6M | −$1.8M | $12.4M | — |
| Depreciation & amortization | $3.5M | $3.1M | $435K | +14% |
| Share-based compensation | $1.3M | $1.6M | −$278K | -18% |
| Cash used in operations | $5.9M | −$6.4M | $12.3M | — |
| Net loss absorbed | $5.9M | −$3.6M | $9.5M | — |
| Working capital & other | $4.7M | $1.8M | $2.9M | +157% |
Questions
How much did WM Technology's revenue grow year over year in Q3 2026?
WM Technology's revenue fell $3.7M (-9%) from $42.2M in Q3 2025 to $38.5M in Q3 2026.
What drove WM Technology's revenue change in Q3 2026?
Subtotal −$2.4M (-6%); Other ad solutions −$1.3M (-38%).