WM Technology Q2 FY26 adjusted EBITDA drops 57.6% to $5 million; revenue falls 5.4% to $42.4 million

Reuters2026/08/06 21:37

Bitget offers one-stop trading for cryptocurrencies, stocks, and gold. Trade now!

A welcome pack worth 6200 USDT for new users! Sign up now!

WM Technology posted Q2 revenue of $42.4 million, down 5.36% from a year earlier.
Net income rose to $2.9 million; GAAP operating income edged up to $2.35 million.
Non-GAAP adjusted EBITDA fell to $5 million from $11.7 million a year earlier.
Average monthly paying clients slipped to 5,040; average monthly revenue per paying client eased to $2,807.
Forecast Q3 revenue to decline by mid-single digit percentages sequentially; CEO Doug Francis flagged expansion into underpenetrated states and adjacent opportunities.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. WM Technology Inc. published the original content used to generate this news brief via Business Wire (Ref. ID: 20260806563994) on August 06, 2026, and is solely responsible for the information contained therein.

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

Understand the market, then trade.

Bitget offers one-stop trading for cryptocurrencies, stocks, and gold.

Trade now！

WM Technology Q2 FY26 adjusted EBITDA drops 57.6% to $5 million; revenue falls 5.4% to $42.4 million

You may also like

Crypto prices