Wm Technology (MAPS) Operating Expenses (2019 - 2026)
Wm Technology (MAPS) reported Operating Expenses of $40.09 million for Q2 2026, down 6.7% from $42.98 million a year earlier and down 7.5% from the prior quarter.
Wm Technology (MAPS) Operating Expenses (2019 - 2026) Analysis & Trends
Over the twelve months ended Jun 30, 2026, Wm Technology's Operating Expenses came in at $172.55 million, up 1.9% year-over-year; for FY2025, it was $173.94 million, up 2.5% from FY2024.
- Operating Expenses has a five-year compound annual growth rate of 7.6% (FY2020 to FY2025).
- By year, Operating Expenses came in at $169.75 million in FY2024 (-17.8%), $206.45 million in FY2023 (-27.6%), $285.15 million in FY2022 (+41.6%) and $201.32 million in FY2021 (+66.9%).
- The Q2 2026 figure ranks as the lowest quarterly Operating Expenses since Q1 2021.
- Year over year, Operating Expenses gained in three of the last eight quarters, with an average decline of 5.1%.
- The high point for year-over-year Operating Expenses in five years was Q1 2022 (growth of 115.9%); the low point was Q2 2023 (a decline of 37.4%).
- Per Business Quant data, the three quarters before Q2 2026 came in at $43.36 million (Q1 2026), $48.88 million (Q4 2025) and $40.22 million (Q3 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Opex (Qtr) |
|---|---|---|---|---|---|
| 1 | Alphabet | 4,164.76 Bn | 3,922.28 Bn | 73.85 Bn | 79.03 Bn |
| 2 | Meta Platforms | 1,823.40 Bn | 1,525.92 Bn | 49.47 Bn | 42.03 Bn |
| 3 | Netflix | 288.27 Bn | 248.47 Bn | 6.52 Bn | 1.51 Bn |
| 4 | Alibaba Group Holding | 252.72 Bn | 70.58 Bn | 15.11 Bn | -5.17 Bn |
| 5 | Shopify | 186.52 Bn | 163.71 Bn | 1.71 Bn | 1.22 Bn |
| 6 | Uber Technologies | 139.11 Bn | 111.09 Bn | 6.38 Bn | 12.30 Bn |
| 7 | Booking Holdings | 123.13 Bn | 56.18 Bn | - | 4.85 Bn |
| 8 | PDD Holdings | 111.72 Bn | -140.21 Bn | 9.45 Bn | -5.39 Bn |
| 9 | AppLovin | 103.35 Bn | 93.38 Bn | 1.70 Bn | 429.41 Mn |
| 10 | Wm Technology | 57.49 Mn | -98.37 Mn | 39.92 Mn | 40.09 Mn |
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 40.09 Mn |
| Mar 31, 2026 | 43.36 Mn |
| Dec 31, 2025 | 48.88 Mn |
| Sep 30, 2025 | 40.22 Mn |
| Jun 30, 2025 | 42.98 Mn |
| Mar 31, 2025 | 41.97 Mn |
| Dec 31, 2024 | 43.10 Mn |
| Sep 30, 2024 | 41.35 Mn |
| Jun 30, 2024 | 44.67 Mn |
| Mar 31, 2024 | 40.63 Mn |
| Dec 31, 2023 | 59.01 Mn |
| Sep 30, 2023 | 52.24 Mn |
| Jun 30, 2023 | 44.64 Mn |
| Mar 31, 2023 | 50.56 Mn |
| Dec 31, 2022 | 71.98 Mn |
| Sep 30, 2022 | 70.15 Mn |
| Jun 30, 2022 | 71.31 Mn |
| Mar 31, 2022 | 71.71 Mn |
| Dec 31, 2021 | 59.08 Mn |
| Sep 30, 2021 | 46.82 Mn |
Wm Technology Operating Expenses API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=operating-expenses&ticker=MAPS&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "operating-expenses", "ticker": "MAPS", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()
const res = await fetch("https://data.businessquant.com/historic?slug=operating-expenses&ticker=MAPS&period=max&api_key=YOUR_API_KEY");
const data = await res.json();