Wm Technology (MAPSW) Research & Development (2020 - 2026)

Wm Technology (MAPSW) reported Research & Development of $8.7 million for Q1 2026, down 10.15% year-over-year from $9.7 million in Q1 2025, and up 41.06% quarter-over-quarter from $6.2 million in Q4 2025.

Wm Technology (MAPSW) Research & Development (2020 - 2026) Analysis & Trends

Wm Technology (MAPSW) has 7 years of Research & Development data on file, last reported at $8.7 million in Q1 2026.

  • Research & Development for Q1 2026 came in at $8.7 million, down 10.15% year-over-year; the trailing twelve-month figure through Mar 2026 was $28.9 million (down 21.81% YoY), and the FY2025 annual result was $28.1 million, down 22.76% from the prior year.
  • Research & Development grew to $8.7 million in Q1 2026 per MAPSW's latest filing, from $6.2 million in the prior quarter.
  • Over five years, Research & Development peaked at $13.3 million in Q2 2022 and troughed at $6.2 million in Q4 2025.
  • A 5-year average of $9.5 million and a median of $9.2 million in 2024 frame the typical range for Research & Development.
  • The sharpest annual moves came in 2022 and 2023: Research & Development surged 66.37% in 2022, then sank 35.37% in 2023.
  • A 5-year view of Research & Development shows it stood at $12.2 million in 2022, then tumbled by 33.34% to $8.1 million in 2023, then declined by 0.59% to $8.1 million in 2024, then decreased by 23.29% to $6.2 million in 2025, then soared by 41.06% to $8.7 million in 2026.
  • Business Quant data shows MAPSW's Research & Development at $8.7 million in Q1 2026, $6.2 million in Q4 2025, and $6.4 million in Q3 2025.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) R&D (Qtr)
1 Sap Se 257.53 Bn 239.56 Bn 8.16 Bn -1.99 Bn
2 Full Truck Alliance 171.61 Bn 169.06 Bn - -37.02 Mn
3 Salesforce 152.15 Bn 140.31 Bn 8.56 Bn 1.63 Bn
4 Uber Technologies 144.45 Bn 143.41 Bn 11.88 Bn 951.00 Mn
5 Shopify 144.09 Bn 138.34 Bn 1.55 Bn 437.00 Mn
6 ServiceNow 110.55 Bn 105.37 Bn 2.83 Bn 823.00 Mn
7 Cadence Design Systems 106.32 Bn 104.91 Bn 1.26 Bn 508.44 Mn
8 Adobe 97.77 Bn 90.88 Bn 5.73 Bn 1.11 Bn
9 Automatic Data Processing 93.39 Bn 90.16 Bn 2.87 Bn 253.90 Mn
10 Wm Technology - - 33.26 Mn 8.73 Mn

Historic Data

Download Data
DateValue
Mar 31, 2026 8.73 Mn
Dec 31, 2025 6.19 Mn
Sep 30, 2025 6.41 Mn
Jun 30, 2025 7.53 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
Jun 30, 2021 10.27 Mn