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| Date | Value |
|---|---|
| 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 |