Weave Communications, Inc.WEAVEarnings & Financial Report
Weave Communications, Inc. develops integrated all-in-one customer engagement and communication platforms tailored for small and medium-sized businesses. Its product suite includes cloud-based phone systems, appointment scheduling, payment processing, review management and text messaging tools, primarily serving local service sectors like dental clinics, healthcare practices and fitness studios across the U.S. and Canada.
Revenue
$55.8M
Gross Profit
$39.9M
Operating Profit
$-9.3M
Net Profit
$-8.8M
Gross Margin
71.6%
Operating Margin
-16.7%
Net Margin
-15.8%
YoY Growth
18.3%
EPS
$-0.12
Weave Communications, Inc. Q1 FY2025 Financial Summary
Weave Communications, Inc. reported revenue of $55.8M (up 18.3% YoY) for Q1 FY2025, with a net profit of $-8.8M (down 22.5% YoY) (-15.8% margin). Cost of goods sold was $15.9M, operating expenses totaled $49.3M.
Key Financial Metrics
| Total Revenue | $55.8M |
|---|---|
| Net Profit | $-8.8M |
| Gross Margin | 71.6% |
| Operating Margin | -16.7% |
| Report Period | Q1 FY2025 |
Weave Communications, Inc. Annual Revenue by Year
Weave Communications, Inc. annual revenue history includes year-by-year totals (for example, 2025 revenue was $239.0M).
| Year | Annual Revenue |
|---|---|
| 2025 | $239.0M |
| 2024 | $204.3M |
| 2023 | $170.5M |
| 2022 | $142.1M |
Weave Communications, Inc. Quarterly Revenue & Net Profit History
Weave Communications, Inc. results over the last 8 reported quarters, including revenue, net profit and year-over-year growth.
| Quarter | Revenue | Revenue YoY | Net Profit | Net Margin |
|---|---|---|---|---|
| Q4 FY2025 | $63.4M | +17.0% | $-1.8M | -2.9% |
| Q3 FY2025 | $61.3M | +17.1% | $-8.7M | -14.1% |
| Q2 FY2025 | $58.5M | +15.6% | $-8.7M | -14.9% |
| Q1 FY2025 | $55.8M | +18.3% | $-8.8M | -15.8% |
| Q4 FY2024 | $54.2M | +18.6% | $-6.7M | -12.4% |
| Q3 FY2024 | $52.4M | +20.3% | $-5.9M | -11.2% |
| Q2 FY2024 | $50.6M | +21.4% | $-8.6M | -16.9% |
| Q1 FY2024 | $47.2M | +19.2% | $-7.2M | -15.3% |
Income Statement
| Q1 2024 | Q2 2024 | Q3 2024 | Q4 2024 | Q1 2025 | Q2 2025 | Q3 2025 | Q4 2025 | |
|---|---|---|---|---|---|---|---|---|
| Revenue | $47.2M | $50.6M | $52.4M | $54.2M | $55.8M | $58.5M | $61.3M | $63.4M |
| YoY Growth | 19.2% | 21.4% | 20.3% | 18.6% | 18.3% | 15.6% | 17.1% | 17.0% |
Balance Sheet
| Q1 2024 | Q2 2024 | Q3 2024 | Q4 2024 | Q1 2025 | Q2 2025 | Q3 2025 | Q4 2025 | |
|---|---|---|---|---|---|---|---|---|
| Assets | $190.2M | $191.2M | $192.0M | $188.9M | $188.3M | $204.3M | $206.5M | $208.0M |
| Liabilities | $116.7M | $121.4M | $123.2M | $122.0M | $119.7M | $125.5M | $127.8M | $125.6M |
| Equity | $73.4M | $69.8M | $68.8M | $67.0M | $68.6M | $78.9M | $78.6M | $82.4M |
Cash Flow
| Q1 2024 | Q2 2024 | Q3 2024 | Q4 2024 | Q1 2025 | Q2 2025 | Q3 2025 | Q4 2025 | |
|---|---|---|---|---|---|---|---|---|
| Operating CF | $-19.7M | $22.7M | $4.5M | $6.7M | $-219000 | $5.4M | $6.1M | $6.2M |