WM Technology (Weedmaps) (MAPS) Earnings History

Latest Quarter: Q1 FY2026

Revenue

$43.6M

Net Income

$1.7M

EPS

$0.01

Gross Profit

$41.4M

Operating Cash Flow

-$1.3M

Revenue Trend (Last 8 Quarters)

Q2 FY2024

$45.9M

Q3 FY2024

$46.6M

Q4 FY2024

$47.7M

Q1 FY2025

$44.6M

Q2 FY2025

$44.8M

Q3 FY2025

$42.2M

Q4 FY2025

$43.1M

Q1 FY2026

$43.6M

Net Income Trend (Last 8 Quarters)

Q2 FY2024

$1.2M

Q3 FY2024

$5.3M

Q4 FY2024

$3.7M

Q1 FY2025

$2.5M

Q2 FY2025

$2.2M

Q3 FY2025

$3.6M

Q4 FY2025

-$5.0M

Q1 FY2026

$1.7M

Full Earnings History

Period	Revenue	Gross Profit	Op. Income	Net Income	EPS	OCF	FCF	Filing Date
Q1 FY2026	$43.6M	$41.4M	$199.0K	$1.7M	$0.01	-$1.3M	$0	2026-05-11
Q4 FY2025	$43.1M	$40.9M	-$5.8M	-$5.0M	—	$3.0M	$0	—
Q3 FY2025	$42.2M	$40.1M	$2.0M	$3.6M	—	$6.4M	$0	2025-11-06
Q2 FY2025	$44.8M	$42.6M	$2.0M	$2.2M	—	$11.1M	$8.2M	2025-08-07
Q1 FY2025	$44.6M	$42.4M	$2.6M	$2.5M	$0.02	$5.7M	$2.0M	2025-05-08
Q4 FY2024	$47.7M	$45.4M	$4.6M	$3.7M	—	$9.4M	$7.3M	—
Q3 FY2024	$46.6M	$44.4M	$5.2M	$5.3M	—	$7.2M	$4.9M	2024-11-12
Q2 FY2024	$45.9M	$43.7M	$1.2M	$1.2M	—	$12.7M	$10.1M	2024-08-08
Q1 FY2024	$44.4M	$42.1M	$3.8M	$2.0M	—	$7.4M	$2.9M	2024-05-24

Revenue Analysis

Revenue has grown for 2 consecutive quarters.The company generated $43.6M in revenue in Q1 FY2026, representing a +1.1% change from the prior quarter.

Over the last 8 reported quarters, MAPS has generated between $42.2M and $47.7M in quarterly revenue.Cost of revenue for the most recent quarter was $2.2M, resulting in a gross profit of $41.4M.

Profitability Analysis

WM Technology (Weedmaps) reported a gross margin of 94.9% in Q1 FY2026.Operating income for the quarter was $199.0K, indicating operational profitability.

Net income came in at $1.7M for the latest quarter. MAPS is currently profitable on a net income basis, with earnings per share of $0.01. Over the trailing 4 quarters, 3 out of 4 quarters were profitable.

Cash Flow Analysis

WM Technology (Weedmaps) generated -$1.3M in operating cash flow during Q1 FY2026. Negative operating cash flow suggests the company is consuming cash in its operations.

Free cash flow for the quarter was $0. The company may need to rely on external financing or existing cash reserves to fund growth initiatives. Across the last 4 quarters, cumulative operating cash flow was $19.2M.

Balance Sheet Snapshot (Q1 FY2026)

Total Assets	$186.4M
Total Liabilities	$51.6M
Total Equity	$134.8M
Cash & Equivalents	$80.5M
Total Debt	$0

Frequently Asked Questions

What are WM Technology (Weedmaps) (MAPS) earnings?+

Earnings refer to WM Technology (Weedmaps)'s financial results reported each quarter, including revenue (total sales), net income (profit or loss after all expenses), earnings per share (EPS), and cash flow. These figures are filed with the SEC and provide investors with a snapshot of the company's financial health and operational performance.

When does MAPS report earnings?+

WM Technology (Weedmaps) most recently filed earnings on 2026-05-11. Cannabis companies typically report quarterly earnings within 45 days of the fiscal quarter end. Check SEC filings for the most up-to-date schedule.

How do I read MAPS's quarterly results?+

Start with revenue to understand total sales, then look at gross profit to see how much the company keeps after production costs. Operating income shows profitability from core operations, while net income reflects the bottom line after all expenses and taxes. EPS divides net income by shares outstanding, making it easier to compare across companies. Cash flow from operations shows actual cash generated by the business.

What do MAPS's revenue and EPS numbers mean?+

WM Technology (Weedmaps) reported revenue of $43.6M and EPS of $0.01 in Q1 FY2026. Revenue measures total sales before any expenses, while EPS (earnings per share) divides net income by the number of outstanding shares. Positive EPS indicates the company earned a profit on a per-share basis.

How do earnings affect MAPS's stock price?+

Earnings reports are one of the biggest catalysts for cannabis stock price movements. If MAPS reports revenue or EPS above analyst expectations, the stock typically rises. If results disappoint, the stock may decline. The market also reacts to forward guidance, margin trends, and cash flow improvements. Cannabis stocks can be especially volatile around earnings due to lower liquidity and higher retail investor participation.

Is MAPS profitable?+

Yes, WM Technology (Weedmaps) reported positive net income of $1.7M in its most recent quarter (Q1 FY2026). Profitability is a significant milestone for cannabis companies, many of which operate at a loss due to high regulatory costs and IRS Section 280E tax burdens.

What is the difference between GAAP and non-GAAP earnings for cannabis companies?+

GAAP (Generally Accepted Accounting Principles) earnings follow standard accounting rules and include all expenses. Non-GAAP or "adjusted" earnings exclude one-time charges like impairments, restructuring costs, and stock-based compensation. Cannabis companies frequently report large non-cash impairments that can make GAAP results look worse than operational performance. Investors should review both metrics, but GAAP figures are what companies must file with the SEC.

How much cash does MAPS have?+

As of Q1 FY2026, WM Technology (Weedmaps) reported cash and equivalents of $80.5M with total debt of $0. Cash position is especially important for cannabis companies, as limited access to traditional banking and capital markets means companies must carefully manage their cash reserves.

More on MAPS

MAPS Overview

Live price, charts, and key metrics.

MAPS Analysis

In-depth stock analysis and research.

MAPS Financials

Revenue, earnings, and balance sheet.

MAPS Forecast

Price targets and predictions.

MAPS News