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Side-by-side financial comparison of 1ST SOURCE CORP (SRCE) and Weave Communications, Inc. (WEAV). Click either name above to swap in a different company.

1ST SOURCE CORP is the larger business by last-quarter revenue ($113.1M vs $63.4M, roughly 1.8× Weave Communications, Inc.). 1ST SOURCE CORP runs the higher net margin — 35.3% vs -2.9%, a 38.2% gap on every dollar of revenue. On growth, Weave Communications, Inc. posted the faster year-over-year revenue change (17.0% vs 8.7%). 1ST SOURCE CORP produced more free cash flow last quarter ($58.1M vs $5.1M). Over the past eight quarters, Weave Communications, Inc.'s revenue compounded faster (15.9% CAGR vs 7.8%).

1st Source Corporation is a financial services company headquartered in South Bend, Indiana. It operates 1st Source Bank, a bank with 81 branches in Indiana and Michigan. The bank's Specialty Finance Group provides financing for aircraft, trucks, and construction equipment. 1st Source Insurance provides insurance products and services.

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.

SRCE vs WEAV — Head-to-Head

Bigger by revenue
SRCE
SRCE
1.8× larger
SRCE
$113.1M
$63.4M
WEAV
Growing faster (revenue YoY)
WEAV
WEAV
+8.3% gap
WEAV
17.0%
8.7%
SRCE
Higher net margin
SRCE
SRCE
38.2% more per $
SRCE
35.3%
-2.9%
WEAV
More free cash flow
SRCE
SRCE
$53.0M more FCF
SRCE
$58.1M
$5.1M
WEAV
Faster 2-yr revenue CAGR
WEAV
WEAV
Annualised
WEAV
15.9%
7.8%
SRCE

Income Statement — Q1 FY2026 vs Q4 FY2025

Metric
SRCE
SRCE
WEAV
WEAV
Revenue
$113.1M
$63.4M
Net Profit
$40.0M
$-1.8M
Gross Margin
72.7%
Operating Margin
45.4%
-3.4%
Net Margin
35.3%
-2.9%
Revenue YoY
8.7%
17.0%
Net Profit YoY
6.5%
72.5%
EPS (diluted)
$1.63
$-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
SRCE
SRCE
WEAV
WEAV
Q1 26
$113.1M
Q4 25
$110.8M
$63.4M
Q3 25
$110.7M
$61.3M
Q2 25
$108.2M
$58.5M
Q1 25
$104.0M
$55.8M
Q4 24
$97.8M
$54.2M
Q3 24
$97.9M
$52.4M
Q2 24
$97.3M
$50.6M
Net Profit
SRCE
SRCE
WEAV
WEAV
Q1 26
$40.0M
Q4 25
$41.1M
$-1.8M
Q3 25
$42.3M
$-8.7M
Q2 25
$37.3M
$-8.7M
Q1 25
$37.5M
$-8.8M
Q4 24
$31.4M
$-6.7M
Q3 24
$34.9M
$-5.9M
Q2 24
$36.8M
$-8.6M
Gross Margin
SRCE
SRCE
WEAV
WEAV
Q1 26
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%
Operating Margin
SRCE
SRCE
WEAV
WEAV
Q1 26
45.4%
Q4 25
-3.4%
Q3 25
49.7%
-14.6%
Q2 25
44.5%
-17.4%
Q1 25
45.8%
-16.7%
Q4 24
-13.6%
Q3 24
46.3%
-12.7%
Q2 24
49.1%
-18.3%
Net Margin
SRCE
SRCE
WEAV
WEAV
Q1 26
35.3%
Q4 25
37.1%
-2.9%
Q3 25
38.2%
-14.1%
Q2 25
34.5%
-14.9%
Q1 25
36.1%
-15.8%
Q4 24
32.1%
-12.4%
Q3 24
35.7%
-11.2%
Q2 24
37.8%
-16.9%
EPS (diluted)
SRCE
SRCE
WEAV
WEAV
Q1 26
$1.63
Q4 25
$1.67
$-0.03
Q3 25
$1.71
$-0.11
Q2 25
$1.51
$-0.11
Q1 25
$1.52
$-0.12
Q4 24
$1.27
$-0.10
Q3 24
$1.41
$-0.08
Q2 24
$1.49
$-0.12

Balance Sheet & Financial Strength

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

Metric
SRCE
SRCE
WEAV
WEAV
Cash + ST InvestmentsLiquidity on hand
$55.0M
Total DebtLower is stronger
Stockholders' EquityBook value
$1.3B
$82.4M
Total Assets
$9.1B
$208.0M
Debt / EquityLower = less leverage

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
SRCE
SRCE
WEAV
WEAV
Q1 26
Q4 25
$55.0M
Q3 25
$64.4M
Q2 25
$44.7M
Q1 25
$53.4M
Q4 24
$51.6M
Q3 24
$51.1M
Q2 24
$51.7M
Stockholders' Equity
SRCE
SRCE
WEAV
WEAV
Q1 26
$1.3B
Q4 25
$1.3B
$82.4M
Q3 25
$1.2B
$78.6M
Q2 25
$1.2B
$78.9M
Q1 25
$1.2B
$68.6M
Q4 24
$1.1B
$67.0M
Q3 24
$1.1B
$68.8M
Q2 24
$1.0B
$69.8M
Total Assets
SRCE
SRCE
WEAV
WEAV
Q1 26
$9.1B
Q4 25
$9.1B
$208.0M
Q3 25
$9.1B
$206.5M
Q2 25
$9.1B
$204.3M
Q1 25
$9.0B
$188.3M
Q4 24
$8.9B
$188.9M
Q3 24
$8.8B
$192.0M
Q2 24
$8.9B
$191.2M

Cash Flow & Capital Efficiency

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

Metric
SRCE
SRCE
WEAV
WEAV
Operating Cash FlowLast quarter
$59.1M
$6.2M
Free Cash FlowOCF − Capex
$58.1M
$5.1M
FCF MarginFCF / Revenue
51.4%
8.1%
Capex IntensityCapex / Revenue
0.9%
1.8%
Cash ConversionOCF / Net Profit
1.48×
TTM Free Cash FlowTrailing 4 quarters
$361.4M
$15.2M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
SRCE
SRCE
WEAV
WEAV
Q1 26
$59.1M
Q4 25
$223.1M
$6.2M
Q3 25
$51.0M
$6.1M
Q2 25
$44.9M
$5.4M
Q1 25
$71.8M
$-219.0K
Q4 24
$193.9M
$6.7M
Q3 24
$68.4M
$4.5M
Q2 24
$50.0M
$22.7M
Free Cash Flow
SRCE
SRCE
WEAV
WEAV
Q1 26
$58.1M
Q4 25
$213.0M
$5.1M
Q3 25
$47.3M
$5.8M
Q2 25
$43.0M
$4.9M
Q1 25
$69.3M
$-663.0K
Q4 24
$181.5M
$6.3M
Q3 24
$66.7M
$4.0M
Q2 24
$46.4M
$21.9M
FCF Margin
SRCE
SRCE
WEAV
WEAV
Q1 26
51.4%
Q4 25
192.2%
8.1%
Q3 25
42.7%
9.4%
Q2 25
39.8%
8.4%
Q1 25
66.6%
-1.2%
Q4 24
185.5%
11.6%
Q3 24
68.1%
7.5%
Q2 24
47.7%
43.4%
Capex Intensity
SRCE
SRCE
WEAV
WEAV
Q1 26
0.9%
Q4 25
9.1%
1.8%
Q3 25
3.4%
0.5%
Q2 25
1.7%
0.9%
Q1 25
2.4%
0.8%
Q4 24
12.6%
0.7%
Q3 24
1.7%
1.0%
Q2 24
3.7%
1.5%
Cash Conversion
SRCE
SRCE
WEAV
WEAV
Q1 26
1.48×
Q4 25
5.42×
Q3 25
1.21×
Q2 25
1.20×
Q1 25
1.91×
Q4 24
6.17×
Q3 24
1.96×
Q2 24
1.36×

Financial Flow Comparison

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

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