Wm Technology (MAPS) Research & Development (2020 - 2026)
Wm Technology (MAPS) posted quarterly Research & Development of $8.7 million for Q1 2026, down 10.15% year-over-year from $9.7 million in Q1 2025, and down 14.63% quarter-over-quarter from $10.2 million in Q4 2025.
Wm Technology (MAPS) Research & Development (2020 - 2026) Analysis & Trends
Wm Technology (MAPS) has reported Research & Development for 7 consecutive years, with $8.7 million the latest figure, recorded in Q1 2026.
- In Q1 2026, Research & Development fell 10.15% year-over-year to $8.7 million; the TTM figure through Mar 2026 stood at $38.7 million (up 4.71% YoY), while the FY2025 annual figure was $38.9 million, up 6.71% from the prior year.
- Research & Development retreated to $8.7 million in Q1 2026 per MAPS's latest filing, from $10.2 million in the prior quarter.
- Across five years, Research & Development topped out at $44.3 million in Q4 2022 and bottomed at $8.1 million in Q4 2024.
- Historically, Research & Development has averaged $12.6 million across 5 years, with a median of $9.7 million in 2025.
- Annual changes were most pronounced in 2022 — Research & Development surged 133.99% — and 2023, when it tumbled 81.67%.
- Wm Technology's Research & Development stood at $44.3 million in 2022, then sank by 81.67% to $8.1 million in 2023, then fell by 0.59% to $8.1 million in 2024, then gained by 26.75% to $10.2 million in 2025, then fell by 14.63% to $8.7 million in 2026.
- Business Quant data shows MAPS's Research & Development at $8.7 million in Q1 2026, $10.2 million in Q4 2025, and $10.8 million in Q3 2025.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | R&D (Qtr) |
|---|---|---|---|---|---|
| 1 | Sap Se | 255.48 Bn | 234.41 Bn | 16.51 Bn | -4.12 Bn |
| 2 | Shopify | 198.95 Bn | 194.00 Bn | 1.71 Bn | 498.00 Mn |
| 3 | Salesforce | 160.70 Bn | 148.86 Bn | 8.56 Bn | 3.77 Bn |
| 4 | Uber Technologies | 154.94 Bn | 149.73 Bn | 6.38 Bn | 1.52 Bn |
| 5 | ServiceNow | 128.25 Bn | 123.58 Bn | 2.82 Bn | 1.37 Bn |
| 6 | Snowflake | 114.00 Bn | 111.05 Bn | 926.45 Mn | 588.95 Mn |
| 7 | Automatic Data Processing | 108.58 Bn | 104.35 Bn | 2.51 Bn | 265.90 Mn |
| 8 | Adobe | 105.34 Bn | 99.72 Bn | 5.90 Bn | 1.88 Bn |
| 9 | Intuit | 94.55 Bn | 87.77 Bn | 7.24 Bn | 1.79 Bn |
| 10 | Wm Technology | 63.87 Mn | 79.38 Mn | 39.92 Mn | 9.44 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2026 | 9.44 Mn |
| Mar 31, 2026 | 8.73 Mn |
| Dec 31, 2025 | 10.23 Mn |
| Sep 30, 2025 | 10.78 Mn |
| Jun 30, 2025 | 8.91 Mn |
| Mar 31, 2025 | 9.72 Mn |
| Dec 31, 2024 | 8.07 Mn |
| Sep 30, 2024 | 9.48 Mn |
| Jun 30, 2024 | 9.64 Mn |
| Mar 31, 2024 | 9.63 Mn |
| Dec 31, 2023 | 8.12 Mn |
| Sep 30, 2023 | 11.54 Mn |
| Jun 30, 2023 | 9.20 Mn |
| Mar 31, 2023 | 12.06 Mn |
| Dec 31, 2022 | 44.28 Mn |
| Sep 30, 2022 | 17.88 Mn |
| Jun 30, 2022 | 13.26 Mn |
| Mar 31, 2022 | 13.09 Mn |
| Dec 31, 2021 | 18.93 Mn |
| Sep 30, 2021 | 12.81 Mn |