WM TECHNOLOGY, INC. R&D Expense

Quick Answer

WM TECHNOLOGY, INC. reported R&D Expense of $28.14 million for fiscal year 2025.

WM TECHNOLOGY, INC. R&D Expense — Annual History

Fiscal Year R&D Expense YoY Change
2025 $28.14M -22.8%
2024 $36.43M +1.2%
2023 $36.00M -28.7%
2022 $50.52M +42.7%
2021 $35.40M +30.4%
2020 $27.14M -8.0%
2019 $29.50M

Quarterly R&D Expense

Quarter Ending R&D Expense YoY QoQ
September 30, 2025 $6.41M -32.4% -14.8%
June 30, 2025 $7.53M -21.9% -5.9%
March 31, 2025 $8.00M -13.3% -15.6%
September 30, 2024 $9.48M +22.4% -1.6%
June 30, 2024 $9.64M +4.8% +4.5%
March 31, 2024 $9.23M -15.6% +19.1%
September 30, 2023 $7.75M -35.4% -15.8%
June 30, 2023 $9.20M -30.6% -15.9%
  • WM TECHNOLOGY, INC. showed a decrease of -22.8% in R&D Expense compared to the prior fiscal year.
  • Over the 2019–2025 period, WM TECHNOLOGY, INC.’s r&d expense has declined by 4.6% (from $29.50 million to $28.14 million).
  • The most recent figure is from WM TECHNOLOGY, INC.’s fiscal year 2025 report (Form 10-K), filed with the SEC on March 12, 2026.
  • All figures are sourced from SEC EDGAR XBRL filings, last verified June 17, 2026.

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