Filing Flows › WM Technology (MAPS) › Q3 2026
WM Technology (MAPS) Q3 2026 earnings results (third quarter 2026)
10-Q filed Nov 9, 2026
WM Technology (MAPS) reported revenue of $38.5M for the third quarter 2026 (Q3 2026), -9% from a year earlier and -9% from the quarter before. Operating margin was -16.5%, net loss $5.9M (15.3% of revenue).
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 follows the revenue to costs, profit and cash.
| Q3 2026 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $38.5M | -9% | -9% |
| Operating profit | −$6.4M | -370% | -425% |
| Net earnings | −$5.9M | -392% | -340% |
| Operating cash flow | −$5.9M | -171% | -191% |
What changed
Revenue was $38.5M in Q3 2026, down 9% year over year and down 9% from the previous quarter. Featured Listings and WM deal products was the largest line at 62% of revenue. Featured Listings and WM deal products lost $1.9M year over year (down 7%), 51% of the total change.
Operating costs exceeded revenue by $6.4M, an operating margin of -16.5%. Total costs grew 11% against a revenue fall of 9%. The fastest-growing cost line was General & admin (+16%). The quarter ended with a net loss of $5.9M, after a profit of $2.9M the previous quarter. Minority interests bore $1.7M of it: to shareholders the quarter was a loss of $4.2M.
Operating cash flow was −$5.9M. Non-cash charges added back $3.5M of depreciation and amortization and $1.3M of share-based compensation. Working capital and other items used $4.7M. Capital expenditures of $3.5M exceeded it, leaving free cash flow of −$9.4M.
Questions
What was WM Technology's revenue in the third quarter 2026?
WM Technology (MAPS) reported revenue of $38.5M for the third quarter 2026 (Q3 2026), -9% from a year earlier and -9% from the quarter before.
Was WM Technology profitable in the third quarter 2026?
Operating loss was $6.4M (-16.5% of revenue) and net loss $5.9M.
Source: WM Technology 10-Q on SEC EDGAR.