secwatch / observer
8-K filed March 12, 2026, 7:59 PM ET ticker MAPS CIK 0001779474
earnings confidence high sentiment negative materiality 0.75

WM Technology Q4 revenue $43.1M (-9.6% YoY); net loss $5.0M; appoints Nick Rellas to board

WM TECHNOLOGY, INC.

Key facts

Extracted from this filing and checked against the source text.

Earnings Releases SEC 8-K Item 2.02 confidence 0.9

WM TECHNOLOGY, INC. reported the fourth quarter ended December 31, 2025 results: revenue $43.1 million, net income $5.0 million.

Period
the fourth quarter ended December 31, 2025
Revenue
$43.1 million
Net income
$5.0 million
Result
reported results
Exact text from the filing
Revenue for the fourth quarter ended December 31, 2025 was $43.1 million, compared to $47.7 million in the prior year period. The decrease from the prior year period was driven by continued challenges across core markets, where ongoing pricing pressure continued to compress client operating margins and constrain marketing budgets. ◦ Average monthly paying clients (1) were 5,120, compared to 5,225 in the prior year period. The decrease from the prior year period was largely due to churn in more established markets, partially offset by new client acquisitions across certain developing markets. ◦ Average monthly revenues per paying client (2) of $2,804 decreased from $3,041 in the prior year period. The decrease from the prior year period was due to spend declines in established markets driven by continued industry challenges, such as price deflation and ongoing consolidation. In addition, new clients acquired across certain markets had lower levels of average spend. • Net loss was $5.0 m
View on SEC.gov
Earnings Releases SEC 8-K Item 2.02 confidence 0.9

WM TECHNOLOGY, INC. reported the fiscal year ended December 31, 2025 results: revenue $174.7 million, net income $3.3 million.

Period
the fiscal year ended December 31, 2025
Revenue
$174.7 million
Net income
$3.3 million
Result
reported results
Exact text from the filing
Revenue of $174.7 million decreased from $184.5 million in the prior year. The decrease from the prior year was driven by continued headwinds across core markets, where ongoing pricing pressure and price deflation continued to compress client operating margins and constrain marketing budgets. ◦ Average monthly paying clients (1) of 5,190 was up from 5,077 in the prior year. The increase from the prior year period was largely due to new client acquisitions across certain developing markets, partially offset by a churn in more established markets. ◦ Average monthly revenues per paying client (2) of $2,805 decreased from $3,029 in the prior year. The decrease from the prior year period was due to spend declines in established markets driven by continued industry challenges, such as price deflation and ongoing consolidation. In addition, new clients acquired across certain markets had lower levels of average spend. • Net income decreased to $3.3 million from $12.2 million in the prior year
View on SEC.gov

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WM TECHNOLOGY, INC. filing history →

Source: SEC EDGAR
accession 0001779474-26-000011
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