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Side-by-side financial comparison of HERITAGE FINANCIAL CORP (HFWA) and Weave Communications, Inc. (WEAV). Click either name above to swap in a different company.

HERITAGE FINANCIAL CORP is the larger business by last-quarter revenue ($66.3M vs $63.4M, roughly 1.0× Weave Communications, Inc.). HERITAGE FINANCIAL CORP runs the higher net margin — 33.5% vs -2.9%, a 36.4% gap on every dollar of revenue. On growth, Weave Communications, Inc. posted the faster year-over-year revenue change (17.0% vs 16.3%). HERITAGE FINANCIAL CORP produced more free cash flow last quarter ($85.7M vs $5.1M). Over the past eight quarters, HERITAGE FINANCIAL CORP's revenue compounded faster (16.8% CAGR vs 15.9%).

Heritage Financial Corp (WA) is a U.S. regional financial holding company headquartered in Washington state. It provides comprehensive commercial and consumer banking services, including deposit products, small business loans, residential mortgages, personal lending and wealth management solutions, primarily serving local communities across the Pacific Northwest, with core customer segments covering small-to-medium enterprises and retail clients.

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.

HFWA vs WEAV — Head-to-Head

Bigger by revenue
HFWA
HFWA
1.0× larger
HFWA
$66.3M
$63.4M
WEAV
Growing faster (revenue YoY)
WEAV
WEAV
+0.8% gap
WEAV
17.0%
16.3%
HFWA
Higher net margin
HFWA
HFWA
36.4% more per $
HFWA
33.5%
-2.9%
WEAV
More free cash flow
HFWA
HFWA
$80.5M more FCF
HFWA
$85.7M
$5.1M
WEAV
Faster 2-yr revenue CAGR
HFWA
HFWA
Annualised
HFWA
16.8%
15.9%
WEAV

Income Statement — Q4 FY2025 vs Q4 FY2025

Metric
HFWA
HFWA
WEAV
WEAV
Revenue
$66.3M
$63.4M
Net Profit
$22.2M
$-1.8M
Gross Margin
72.7%
Operating Margin
38.7%
-3.4%
Net Margin
33.5%
-2.9%
Revenue YoY
16.3%
17.0%
Net Profit YoY
86.4%
72.5%
EPS (diluted)
$0.65
$-0.03

Green = leading value per metric. Periods may differ when fiscal calendars don't align.

8-Quarter Revenue & Profit Trend

Side-by-side quarterly history. Quarters aligned by calendar period so offset fiscal years line up.

Revenue
HFWA
HFWA
WEAV
WEAV
Q4 25
$66.3M
$63.4M
Q3 25
$65.7M
$61.3M
Q2 25
$56.5M
$58.5M
Q1 25
$57.6M
$55.8M
Q4 24
$57.1M
$54.2M
Q3 24
$54.8M
$52.4M
Q2 24
$56.4M
$50.6M
Q1 24
$48.6M
$47.2M
Net Profit
HFWA
HFWA
WEAV
WEAV
Q4 25
$22.2M
$-1.8M
Q3 25
$19.2M
$-8.7M
Q2 25
$12.2M
$-8.7M
Q1 25
$13.9M
$-8.8M
Q4 24
$11.9M
$-6.7M
Q3 24
$11.4M
$-5.9M
Q2 24
$14.2M
$-8.6M
Q1 24
$5.7M
$-7.2M
Gross Margin
HFWA
HFWA
WEAV
WEAV
Q4 25
72.7%
Q3 25
72.3%
Q2 25
71.7%
Q1 25
71.6%
Q4 24
72.1%
Q3 24
72.0%
Q2 24
71.4%
Q1 24
69.9%
Operating Margin
HFWA
HFWA
WEAV
WEAV
Q4 25
38.7%
-3.4%
Q3 25
34.0%
-14.6%
Q2 25
25.6%
-17.4%
Q1 25
28.1%
-16.7%
Q4 24
28.6%
-13.6%
Q3 24
23.8%
-12.7%
Q2 24
28.4%
-18.3%
Q1 24
14.1%
-17.3%
Net Margin
HFWA
HFWA
WEAV
WEAV
Q4 25
33.5%
-2.9%
Q3 25
29.2%
-14.1%
Q2 25
21.6%
-14.9%
Q1 25
24.2%
-15.8%
Q4 24
20.9%
-12.4%
Q3 24
20.8%
-11.2%
Q2 24
25.1%
-16.9%
Q1 24
11.8%
-15.3%
EPS (diluted)
HFWA
HFWA
WEAV
WEAV
Q4 25
$0.65
$-0.03
Q3 25
$0.55
$-0.11
Q2 25
$0.36
$-0.11
Q1 25
$0.40
$-0.12
Q4 24
$0.34
$-0.10
Q3 24
$0.33
$-0.08
Q2 24
$0.41
$-0.12
Q1 24
$0.16
$-0.10

Balance Sheet & Financial Strength

Snapshot of each company's liquidity, leverage and book value from the latest quarter.

Metric
HFWA
HFWA
WEAV
WEAV
Cash + ST InvestmentsLiquidity on hand
$233.1M
$55.0M
Total DebtLower is stronger
Stockholders' EquityBook value
$921.5M
$82.4M
Total Assets
$7.0B
$208.0M
Debt / EquityLower = less leverage

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
HFWA
HFWA
WEAV
WEAV
Q4 25
$233.1M
$55.0M
Q3 25
$245.5M
$64.4M
Q2 25
$254.1M
$44.7M
Q1 25
$248.7M
$53.4M
Q4 24
$117.1M
$51.6M
Q3 24
$175.6M
$51.1M
Q2 24
$113.8M
$51.7M
Q1 24
$189.6M
$30.6M
Stockholders' Equity
HFWA
HFWA
WEAV
WEAV
Q4 25
$921.5M
$82.4M
Q3 25
$904.1M
$78.6M
Q2 25
$888.2M
$78.9M
Q1 25
$881.5M
$68.6M
Q4 24
$863.5M
$67.0M
Q3 24
$874.5M
$68.8M
Q2 24
$850.5M
$69.8M
Q1 24
$847.6M
$73.4M
Total Assets
HFWA
HFWA
WEAV
WEAV
Q4 25
$7.0B
$208.0M
Q3 25
$7.0B
$206.5M
Q2 25
$7.1B
$204.3M
Q1 25
$7.1B
$188.3M
Q4 24
$7.1B
$188.9M
Q3 24
$7.2B
$192.0M
Q2 24
$7.1B
$191.2M
Q1 24
$7.1B
$190.2M

Cash Flow & Capital Efficiency

How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.

Metric
HFWA
HFWA
WEAV
WEAV
Operating Cash FlowLast quarter
$94.8M
$6.2M
Free Cash FlowOCF − Capex
$85.7M
$5.1M
FCF MarginFCF / Revenue
129.1%
8.1%
Capex IntensityCapex / Revenue
13.8%
1.8%
Cash ConversionOCF / Net Profit
4.26×
TTM Free Cash FlowTrailing 4 quarters
$149.0M
$15.2M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
HFWA
HFWA
WEAV
WEAV
Q4 25
$94.8M
$6.2M
Q3 25
$25.1M
$6.1M
Q2 25
$22.5M
$5.4M
Q1 25
$19.3M
$-219.0K
Q4 24
$64.5M
$6.7M
Q3 24
$24.2M
$4.5M
Q2 24
$6.8M
$22.7M
Q1 24
$12.9M
$-19.7M
Free Cash Flow
HFWA
HFWA
WEAV
WEAV
Q4 25
$85.7M
$5.1M
Q3 25
$24.4M
$5.8M
Q2 25
$20.9M
$4.9M
Q1 25
$18.1M
$-663.0K
Q4 24
$61.0M
$6.3M
Q3 24
$23.2M
$4.0M
Q2 24
$6.0M
$21.9M
Q1 24
$12.0M
$-20.2M
FCF Margin
HFWA
HFWA
WEAV
WEAV
Q4 25
129.1%
8.1%
Q3 25
37.1%
9.4%
Q2 25
37.0%
8.4%
Q1 25
31.4%
-1.2%
Q4 24
107.0%
11.6%
Q3 24
42.4%
7.5%
Q2 24
10.6%
43.4%
Q1 24
24.7%
-42.9%
Capex Intensity
HFWA
HFWA
WEAV
WEAV
Q4 25
13.8%
1.8%
Q3 25
1.0%
0.5%
Q2 25
2.8%
0.9%
Q1 25
2.0%
0.8%
Q4 24
6.1%
0.7%
Q3 24
1.7%
1.0%
Q2 24
1.5%
1.5%
Q1 24
1.8%
1.1%
Cash Conversion
HFWA
HFWA
WEAV
WEAV
Q4 25
4.26×
Q3 25
1.31×
Q2 25
1.84×
Q1 25
1.38×
Q4 24
5.41×
Q3 24
2.12×
Q2 24
0.48×
Q1 24
2.24×

Financial Flow Comparison

Revenue → gross profit → operating profit → net profit for each company.

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