WM Technology, Inc. reported financial results for the second quarter ended June 30, 2026, announcing Q2 revenue of $42.4 million and net income of $2.9 million. Revenue declined from $44.8 million in the prior year period, driven by a decrease in average monthly paying clients to 5,040 from 5,241 and lower revenues per client due to margin compression in established markets. Adjusted EBITDA decreased to $5.0 million from $11.7 million year-over-year, though the company sustained consecutive quarters of profitability. Cash reserves increased to $60.5 million as of June 30, 2026. The company provided third quarter 2026 revenue guidance, expecting a mid-single digit sequential decline. WM Technology operates in the cannabis industry, providing marketplace and technology solutions for consumers and licensed operators.