Wm Technology (MAPS) Research & Development (2020 - 2026)
Wm Technology's Research & Development came in at $8.66 million for Q2 2026, down 2.3% from $8.86 million a year earlier and down 0.9% from the prior quarter.
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Analysis
Wm Technology (MAPS) Research & Development (2020 - 2026) Analysis & Trends
Over the trailing twelve months to Jun 30, 2026, Wm Technology reported Research & Development of $29.99 million, down 17.0% year-over-year; for FY2025, it was $28.14 million, down 22.8% from FY2024.
- Research & Development carries a five-year compound annual growth rate of 0.7% (FY2020 to FY2025).
- Going back by year, Research & Development was $36.43 million in FY2024 (+1.2%), $36 million in FY2023 (-28.7%), $50.52 million in FY2022 (+42.7%) and $35.4 million in FY2021 (+30.4%).
- The five-year range for quarterly Research & Development is $6.19 million (Q4 2025) to $13.26 million (Q2 2022).
- Year-over-year, Research & Development has declined for five consecutive quarters, with an average decline of 6.1% over the last eight quarters.
- The fastest year-over-year change in Research & Development over five years came in Q1 2022 (growth of 66.4%), and the weakest in Q3 2023 (a decline of 35.4%).
- Business Quant data shows MAPS's Research & Development at $8.73 million (Q1 2026), $6.19 million (Q4 2025) and $6.41 million (Q3 2025) in the three quarters before Q2 2026.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | R&D (Qtr) |
|---|---|---|---|---|---|
| 1 | Alphabet | 4,164.76 Bn | 3,922.28 Bn | 73.85 Bn | 18.22 Bn |
| 2 | Meta Platforms | 1,823.40 Bn | 1,525.92 Bn | 49.47 Bn | 21.66 Bn |
| 3 | Netflix | 288.27 Bn | 248.47 Bn | 6.52 Bn | 1.01 Bn |
| 4 | Alibaba Group Holding | 252.72 Bn | 70.58 Bn | 15.11 Bn | -3.32 Bn |
| 5 | Shopify | 186.52 Bn | 163.71 Bn | 1.71 Bn | 445.00 Mn |
| 6 | Uber Technologies | 139.11 Bn | 111.09 Bn | 6.38 Bn | 1.04 Bn |
| 7 | Booking Holdings | 123.13 Bn | 56.18 Bn | - | - |
| 8 | PDD Holdings | 111.72 Bn | -140.21 Bn | 9.45 Bn | -673.00 Mn |
| 9 | AppLovin | 103.35 Bn | 93.38 Bn | 1.70 Bn | 99.90 Mn |
| 10 | Wm Technology | 57.49 Mn | -98.37 Mn | 39.92 Mn | 8.66 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 8.66 Mn |
| Mar 31, 2026 | 8.73 Mn |
| Dec 31, 2025 | 6.19 Mn |
| Sep 30, 2025 | 6.41 Mn |
| Jun 30, 2025 | 8.86 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 | 9.23 Mn |
| Dec 31, 2023 | 8.12 Mn |
| Sep 30, 2023 | 7.75 Mn |
| Jun 30, 2023 | 9.20 Mn |
| Mar 31, 2023 | 10.93 Mn |
| Dec 31, 2022 | 12.18 Mn |
| Sep 30, 2022 | 11.99 Mn |
| Jun 30, 2022 | 13.26 Mn |
| Mar 31, 2022 | 13.09 Mn |
| Dec 31, 2021 | 9.47 Mn |
| Sep 30, 2021 | 7.78 Mn |
API Access
Wm Technology Research & Development 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=research-and-development&ticker=MAPS&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "research-and-development", "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=research-and-development&ticker=MAPS&period=max&api_key=YOUR_API_KEY");
const data = await res.json();