WM Technology — Third Quarter 2026 Earnings Summary

WM Technology, Inc. reported third-quarter 2026 revenues of $38.5 million, a decrease from $42.2 million in the prior year period, driven by client payment difficulties and churn in established markets. The company recorded a net loss of $5.9 million for the quarter, while Adjusted EBITDA declined to $0.8 million from $7.6 million in the same period last year. Management attributed the financial results to increased marketing spend, one-time expenses including a securities litigation settlement, and workforce reduction costs, while noting that strategic efforts to improve collections and user acquisition are laying the foundation for future growth.