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How WM TECHNOLOGY, INC. makes its money

Start with a dollar of revenue and follow what the filing says remains.

revenueBranching filed flows with values and percentages directly labeled. Missing filing concepts are omitted rather than estimated.Revenue$175M · 100%Cost of revenue$8.8M · 5%Gross profit$166M · 95%Operating income$766000 · 0%Income before tax$3.4M · 2%Income tax$93000 · 0%Net income$2M · 1%As of 2025-12-31 · 1 SEC filing sourceBuy Like Buffett · buylikebuffett.com

Honest partial: the filing did not provide a normalized tag for Research and development, Selling, general and administrative; those components are omitted, not plugged.

Table alternative
Filed lineValue% of revenueSource
$175M100%
  • 10-K · FY 2025Filing detailsAccession 0001779474-26-000013 · filed Mar 12, 2026
Cost of revenue$8.8M5%
  • 10-K · FY 2025Filing detailsAccession 0001779474-26-000013 · filed Mar 12, 2026
$166M95%
  • 10-K · FY 2025Filing detailsAccession 0001779474-26-000013 · filed Mar 12, 2026
$7660000%
  • 10-K · FY 2025Filing detailsAccession 0001779474-26-000013 · filed Mar 12, 2026
Income before tax$3.4M2%
  • 10-K · FY 2025Filing detailsAccession 0001779474-26-000013 · filed Mar 12, 2026
Income tax$930000%
  • 10-K · FY 2025Filing detailsAccession 0001779474-26-000013 · filed Mar 12, 2026
$2M1%
  • 10-K · FY 2025Filing detailsAccession 0001779474-26-000013 · filed Mar 12, 2026
Source:
  • 10-K · FY 2025Filing detailsAccession 0001779474-26-000013 · filed Mar 12, 2026
· event Dec 31, 2025 · retrieved Oct 18, 2026 · annual-row source set
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