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Side-by-side financial comparison of Voyager Technologies, Inc. (VOYG) and Weave Communications, Inc. (WEAV). Click either name above to swap in a different company.

Weave Communications, Inc. is the larger business by last-quarter revenue ($63.4M vs $35.2M, roughly 1.8× Voyager Technologies, Inc.). Weave Communications, Inc. runs the higher net margin — -2.9% vs -130.4%, a 127.4% gap on every dollar of revenue. On growth, Weave Communications, Inc. posted the faster year-over-year revenue change (17.0% vs 2.1%). Weave Communications, Inc. produced more free cash flow last quarter ($5.1M vs $-66.8M).

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.

VOYG vs WEAV — Head-to-Head

Bigger by revenue
WEAV
WEAV
1.8× larger
WEAV
$63.4M
$35.2M
VOYG
Growing faster (revenue YoY)
WEAV
WEAV
+14.9% gap
WEAV
17.0%
2.1%
VOYG
Higher net margin
WEAV
WEAV
127.4% more per $
WEAV
-2.9%
-130.4%
VOYG
More free cash flow
WEAV
WEAV
$71.9M more FCF
WEAV
$5.1M
$-66.8M
VOYG

Income Statement — Q1 FY2026 vs Q4 FY2025

Metric
VOYG
VOYG
WEAV
WEAV
Revenue
$35.2M
$63.4M
Net Profit
$-45.9M
$-1.8M
Gross Margin
-4.4%
72.7%
Operating Margin
-3.4%
Net Margin
-130.4%
-2.9%
Revenue YoY
2.1%
17.0%
Net Profit YoY
-64.5%
72.5%
EPS (diluted)
$-0.75
$-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
VOYG
VOYG
WEAV
WEAV
Q1 26
$35.2M
Q4 25
$46.7M
$63.4M
Q3 25
$39.6M
$61.3M
Q2 25
$45.7M
$58.5M
Q1 25
$55.8M
Q4 24
$54.2M
Q3 24
$52.4M
Q2 24
$50.6M
Net Profit
VOYG
VOYG
WEAV
WEAV
Q1 26
$-45.9M
Q4 25
$-33.0M
$-1.8M
Q3 25
$-16.3M
$-8.7M
Q2 25
$-31.4M
$-8.7M
Q1 25
$-8.8M
Q4 24
$-6.7M
Q3 24
$-5.9M
Q2 24
$-8.6M
Gross Margin
VOYG
VOYG
WEAV
WEAV
Q1 26
-4.4%
Q4 25
21.4%
72.7%
Q3 25
15.4%
72.3%
Q2 25
18.0%
71.7%
Q1 25
71.6%
Q4 24
72.1%
Q3 24
72.0%
Q2 24
71.4%
Operating Margin
VOYG
VOYG
WEAV
WEAV
Q1 26
Q4 25
-3.4%
Q3 25
-60.7%
-14.6%
Q2 25
-52.8%
-17.4%
Q1 25
-16.7%
Q4 24
-13.6%
Q3 24
-12.7%
Q2 24
-18.3%
Net Margin
VOYG
VOYG
WEAV
WEAV
Q1 26
-130.4%
Q4 25
-70.7%
-2.9%
Q3 25
-41.1%
-14.1%
Q2 25
-68.7%
-14.9%
Q1 25
-15.8%
Q4 24
-12.4%
Q3 24
-11.2%
Q2 24
-16.9%
EPS (diluted)
VOYG
VOYG
WEAV
WEAV
Q1 26
$-0.75
Q4 25
$-0.52
$-0.03
Q3 25
$-0.28
$-0.11
Q2 25
$-1.23
$-0.11
Q1 25
$-0.12
Q4 24
$-0.10
Q3 24
$-0.08
Q2 24
$-0.12

Balance Sheet & Financial Strength

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

Metric
VOYG
VOYG
WEAV
WEAV
Cash + ST InvestmentsLiquidity on hand
$429.4M
$55.0M
Total DebtLower is stronger
Stockholders' EquityBook value
$404.5M
$82.4M
Total Assets
$1.0B
$208.0M
Debt / EquityLower = less leverage

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
VOYG
VOYG
WEAV
WEAV
Q1 26
$429.4M
Q4 25
$491.3M
$55.0M
Q3 25
$413.3M
$64.4M
Q2 25
$468.9M
$44.7M
Q1 25
$53.4M
Q4 24
$51.6M
Q3 24
$51.1M
Q2 24
$51.7M
Stockholders' Equity
VOYG
VOYG
WEAV
WEAV
Q1 26
$404.5M
Q4 25
$82.4M
Q3 25
$590.9M
$78.6M
Q2 25
$554.7M
$78.9M
Q1 25
$68.6M
Q4 24
$67.0M
Q3 24
$68.8M
Q2 24
$69.8M
Total Assets
VOYG
VOYG
WEAV
WEAV
Q1 26
$1.0B
Q4 25
$208.0M
Q3 25
$727.8M
$206.5M
Q2 25
$685.3M
$204.3M
Q1 25
$188.3M
Q4 24
$188.9M
Q3 24
$192.0M
Q2 24
$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
VOYG
VOYG
WEAV
WEAV
Operating Cash FlowLast quarter
$-39.7M
$6.2M
Free Cash FlowOCF − Capex
$-66.8M
$5.1M
FCF MarginFCF / Revenue
-189.5%
8.1%
Capex IntensityCapex / Revenue
1.8%
Cash ConversionOCF / Net Profit
TTM Free Cash FlowTrailing 4 quarters
$-263.9M
$15.2M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
VOYG
VOYG
WEAV
WEAV
Q1 26
$-39.7M
Q4 25
$-60.9M
$6.2M
Q3 25
$-15.1M
$6.1M
Q2 25
$-30.9M
$5.4M
Q1 25
$-219.0K
Q4 24
$6.7M
Q3 24
$4.5M
Q2 24
$22.7M
Free Cash Flow
VOYG
VOYG
WEAV
WEAV
Q1 26
$-66.8M
Q4 25
$-54.5M
$5.1M
Q3 25
$-53.8M
$5.8M
Q2 25
$-88.8M
$4.9M
Q1 25
$-663.0K
Q4 24
$6.3M
Q3 24
$4.0M
Q2 24
$21.9M
FCF Margin
VOYG
VOYG
WEAV
WEAV
Q1 26
-189.5%
Q4 25
-116.9%
8.1%
Q3 25
-135.8%
9.4%
Q2 25
-194.4%
8.4%
Q1 25
-1.2%
Q4 24
11.6%
Q3 24
7.5%
Q2 24
43.4%
Capex Intensity
VOYG
VOYG
WEAV
WEAV
Q1 26
Q4 25
1.8%
Q3 25
97.8%
0.5%
Q2 25
126.7%
0.9%
Q1 25
0.8%
Q4 24
0.7%
Q3 24
1.0%
Q2 24
1.5%

Financial Flow Comparison

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

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