Wm Technology (MAPS) Research & Development (2020 - 2026)
Wm Technology's (MAPS) quarterly Research & Development came in at $8.7 million in Q1 2026, down 10.15% year-on-year from $9.7 million in Q1 2025, and down 14.63% on a QoQ basis from $10.2 million in Q4 2025.
Wm Technology (MAPS) Research & Development (2020 - 2026) Analysis & Trends
Wm Technology (MAPS) has 7 years of Research & Development data on file, last reported at $8.7 million in Q1 2026.
- On a quarterly basis, Research & Development fell 10.15% year-over-year to $8.7 million in Q1 2026; TTM through Mar 2026 was $38.7 million, a 4.71% increase from a year earlier, with the FY2025 full-year figure at $38.9 million, up 6.71% from the prior year.
- Research & Development for Q1 2026 stood at $8.7 million, down from $10.2 million in the prior quarter.
- Over the last five years, Research & Development for MAPS reached as high as $44.3 million in Q4 2022 and fell as low as $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.
- Across the five-year window, Research & Development soared 133.99% in 2022 and sank 81.67% in 2023, its largest moves.
- Year by year, Research & Development stood at $44.3 million in 2022, then sank by 81.67% to $8.1 million in 2023, then decreased by 0.59% to $8.1 million in 2024, then climbed by 26.75% to $10.2 million in 2025, then decreased by 14.63% to $8.7 million in 2026.
- Per Business Quant data, the three most recent Research & Development figures were $8.7 million in Q1 2026, $10.2 million in Q4 2025, and $10.8 million in Q3 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | R&D (Qtr) |
|---|---|---|---|---|---|
| 1 | Sap Se | 208.91 Bn | 189.27 Bn | 8.16 Bn | -1.99 Bn |
| 2 | Full Truck Alliance | 188.77 Bn | 186.13 Bn | - | -37.02 Mn |
| 3 | Shopify | 145.98 Bn | 140.23 Bn | 1.55 Bn | 496.00 Mn |
| 4 | Uber Technologies | 141.48 Bn | 140.44 Bn | 5.95 Bn | 1.33 Bn |
| 5 | Salesforce | 128.51 Bn | 116.67 Bn | 8.56 Bn | 3.77 Bn |
| 6 | ServiceNow | 98.38 Bn | 93.20 Bn | 2.82 Bn | 1.37 Bn |
| 7 | Automatic Data Processing | 97.56 Bn | 94.34 Bn | 2.87 Bn | 253.90 Mn |
| 8 | Snowflake | 91.55 Bn | 88.59 Bn | 926.45 Mn | 588.95 Mn |
| 9 | Cadence Design Systems | 89.91 Bn | 88.50 Bn | 1.41 Bn | 508.44 Mn |
| 10 | Wm Technology | 39.81 Mn | 94.88 Mn | 41.35 Mn | 8.73 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| 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 |
| Jun 30, 2021 | 15.27 Mn |