Here are the 10-Q quarterly reports from WM Technology Inc A (MAPS) in our archive since June 2025, newest first, and each one links through to the document itself with the summary and the scores our analysis gives it.
A 10-Q covers the quarterly report filed between annual reports, so if you follow MAPS and want that one kind of document rather than the whole filing history, this is the page to keep. The company's other filings, of every form, are on the full MAPS filings page.
WM Technology, Inc. (MAPS) reported third-quarter 2026 revenue of $38.482 million, compared with $42.176 million a year earlier; net loss attributable to WM Technology, Inc. was $4.164 million, versus $2.460 million in income. For the first nine months of 2026, revenue was $124.486 million versus $131.635 million, and net loss attributable to the company was $970,000 versus $5.534 million in income.
Nine-month net cash provided by operating activities was $1.057 million, compared with $23.142 million in 2025. Cash and cash equivalents were $50.988 million at September 30, 2026, versus $62.401 million at December 31, 2025. The nine-month provision for credit losses was $13.005 million versus $2.618 million; the allowance was $8.6 million at September 30, 2026, compared with $4.2 million at December 31, 2025. The company attributed the higher allowance primarily to aging customer receivables, particularly in California.
WM Technology, Inc., operator of the Weedmaps cannabis marketplace and SaaS tools, reported Q2 2026 revenues of $42,446 (in thousands) and first-half revenues of $86,004 (in thousands), slightly lower than the prior-year periods. Q2 operating income was $2,352 (in thousands), and net income attributable to the company was $2,023 (in thousands), or basic and diluted EPS of $0.02.
As of June 30, 2026, cash and cash equivalents were $60,499 (in thousands) and total assets $190,571 (in thousands), with total liabilities reduced to $51,745 (in thousands) after paying a $2,659 (in thousands) tax receivable agreement obligation and the expiration of all outstanding warrants. The allowance for credit losses rose to $8,399 (in thousands), driven by aging receivables and pressure on cannabis customers, particularly in California, which generated about 62% of revenues. A securities class action alleging misstatements about monthly active users is in settlement for $7,500,000, subject to final court approval; the company has accrued about $2.4 million, with the remainder expected from insurers, and has separately agreed to governance reforms to resolve related derivative suits.
WM Technology (MAPS) reported Q3 2025 results. Revenue was $42.2 million, down from $46.6 million a year ago, as featured and deal listings softened. Operating income was $2.0 million versus $5.2 million. Net income attributable to WM Technology, Inc. was $2.5 million ($0.02 basic and diluted) compared with $3.3 million ($0.03) in Q3 2024.
Cash rose to $62.6 million as of September 30, 2025, from $52.0 million at December 31, 2024. For the nine months, operating cash flow was $23.1 million, supported by lower lease payments and working-capital discipline. Total assets were $192.9 million and total liabilities were $57.6 million, resulting in total stockholders’ equity of $135.4 million.
Revenue mix included Weedmaps for Business and other SaaS solutions of $13.1 million and featured and deal listings of $25.6 million; other ad solutions contributed $3.5 million. Approximately 56% of revenue originated in California. The tax receivable agreement liability decreased to $2.5 million, reflecting the impact of the OBBBA. As of October 31, 2025, Class A shares outstanding were 107,897,133 and Class V were 49,319,542.