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Side-by-side financial comparison of Weave Communications, Inc. (WEAV) and GeneDx Holdings Corp. (WGS). Click either name above to swap in a different company.

GeneDx Holdings Corp. is the larger business by last-quarter revenue ($121.0M vs $63.4M, roughly 1.9× Weave Communications, Inc.). Weave Communications, Inc. runs the higher net margin — -2.9% vs -14.6%, a 11.7% gap on every dollar of revenue. On growth, GeneDx Holdings Corp. posted the faster year-over-year revenue change (26.5% vs 17.0%). Weave Communications, Inc. produced more free cash flow last quarter ($5.1M vs $-7.4M). Over the past eight quarters, GeneDx Holdings Corp.'s revenue compounded faster (39.2% CAGR vs 15.9%).

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.

GeneDx is a genetic testing company that was founded in 2000 by two scientists from the National Institutes of Health (NIH), Sherri Bale and John Compton. They started the company to provide clinical diagnostic services for patients and families with rare and ultra-rare disorders, for which no such commercial testing was available at the time. The company started in the Technology Development Center, a biotech incubator supported by the state of Maryland and Montgomery County, MD. In 2006, Bi...

WEAV vs WGS — Head-to-Head

Bigger by revenue
WGS
WGS
1.9× larger
WGS
$121.0M
$63.4M
WEAV
Growing faster (revenue YoY)
WGS
WGS
+9.5% gap
WGS
26.5%
17.0%
WEAV
Higher net margin
WEAV
WEAV
11.7% more per $
WEAV
-2.9%
-14.6%
WGS
More free cash flow
WEAV
WEAV
$12.6M more FCF
WEAV
$5.1M
$-7.4M
WGS
Faster 2-yr revenue CAGR
WGS
WGS
Annualised
WGS
39.2%
15.9%
WEAV

Income Statement — Q4 FY2025 vs Q4 FY2025

Metric
WEAV
WEAV
WGS
WGS
Revenue
$63.4M
$121.0M
Net Profit
$-1.8M
$-17.7M
Gross Margin
72.7%
69.6%
Operating Margin
-3.4%
-11.8%
Net Margin
-2.9%
-14.6%
Revenue YoY
17.0%
26.5%
Net Profit YoY
72.5%
-424.9%
EPS (diluted)
$-0.03
$-0.59

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
WEAV
WEAV
WGS
WGS
Q4 25
$63.4M
$121.0M
Q3 25
$61.3M
$116.7M
Q2 25
$58.5M
$102.7M
Q1 25
$55.8M
$87.1M
Q4 24
$54.2M
$95.6M
Q3 24
$52.4M
$76.9M
Q2 24
$50.6M
$70.5M
Q1 24
$47.2M
$62.4M
Net Profit
WEAV
WEAV
WGS
WGS
Q4 25
$-1.8M
$-17.7M
Q3 25
$-8.7M
$-7.6M
Q2 25
$-8.7M
$10.8M
Q1 25
$-8.8M
$-6.5M
Q4 24
$-6.7M
$5.4M
Q3 24
$-5.9M
$-8.3M
Q2 24
$-8.6M
$-29.2M
Q1 24
$-7.2M
$-20.2M
Gross Margin
WEAV
WEAV
WGS
WGS
Q4 25
72.7%
69.6%
Q3 25
72.3%
72.4%
Q2 25
71.7%
69.0%
Q1 25
71.6%
67.1%
Q4 24
72.1%
69.2%
Q3 24
72.0%
62.2%
Q2 24
71.4%
60.9%
Q1 24
69.9%
59.9%
Operating Margin
WEAV
WEAV
WGS
WGS
Q4 25
-3.4%
-11.8%
Q3 25
-14.6%
-2.8%
Q2 25
-17.4%
8.7%
Q1 25
-16.7%
-5.2%
Q4 24
-13.6%
9.2%
Q3 24
-12.7%
-10.1%
Q2 24
-18.3%
-15.0%
Q1 24
-17.3%
-21.9%
Net Margin
WEAV
WEAV
WGS
WGS
Q4 25
-2.9%
-14.6%
Q3 25
-14.1%
-6.5%
Q2 25
-14.9%
10.5%
Q1 25
-15.8%
-7.5%
Q4 24
-12.4%
5.7%
Q3 24
-11.2%
-10.8%
Q2 24
-16.9%
-41.4%
Q1 24
-15.3%
-32.4%
EPS (diluted)
WEAV
WEAV
WGS
WGS
Q4 25
$-0.03
$-0.59
Q3 25
$-0.11
$-0.27
Q2 25
$-0.11
$0.36
Q1 25
$-0.12
$-0.23
Q4 24
$-0.10
$0.25
Q3 24
$-0.08
$-0.31
Q2 24
$-0.12
$-1.10
Q1 24
$-0.10
$-0.78

Balance Sheet & Financial Strength

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

Metric
WEAV
WEAV
WGS
WGS
Cash + ST InvestmentsLiquidity on hand
$55.0M
$171.3M
Total DebtLower is stronger
$54.5M
Stockholders' EquityBook value
$82.4M
$308.2M
Total Assets
$208.0M
$523.7M
Debt / EquityLower = less leverage
0.18×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
WEAV
WEAV
WGS
WGS
Q4 25
$55.0M
$171.3M
Q3 25
$64.4M
$155.1M
Q2 25
$44.7M
$134.6M
Q1 25
$53.4M
$159.2M
Q4 24
$51.6M
$141.2M
Q3 24
$51.1M
$116.5M
Q2 24
$51.7M
$106.9M
Q1 24
$30.6M
$112.9M
Total Debt
WEAV
WEAV
WGS
WGS
Q4 25
$54.5M
Q3 25
$54.8M
Q2 25
$55.1M
Q1 25
$55.5M
Q4 24
$55.8M
Q3 24
$56.1M
Q2 24
$56.3M
Q1 24
$56.3M
Stockholders' Equity
WEAV
WEAV
WGS
WGS
Q4 25
$82.4M
$308.2M
Q3 25
$78.6M
$292.3M
Q2 25
$78.9M
$277.1M
Q1 25
$68.6M
$257.4M
Q4 24
$67.0M
$245.2M
Q3 24
$68.8M
$204.5M
Q2 24
$69.8M
$194.0M
Q1 24
$73.4M
$207.2M
Total Assets
WEAV
WEAV
WGS
WGS
Q4 25
$208.0M
$523.7M
Q3 25
$206.5M
$493.9M
Q2 25
$204.3M
$463.9M
Q1 25
$188.3M
$446.4M
Q4 24
$188.9M
$419.4M
Q3 24
$192.0M
$408.8M
Q2 24
$191.2M
$389.1M
Q1 24
$190.2M
$394.5M
Debt / Equity
WEAV
WEAV
WGS
WGS
Q4 25
0.18×
Q3 25
0.19×
Q2 25
0.20×
Q1 25
0.22×
Q4 24
0.23×
Q3 24
0.27×
Q2 24
0.29×
Q1 24
0.27×

Cash Flow & Capital Efficiency

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

Metric
WEAV
WEAV
WGS
WGS
Operating Cash FlowLast quarter
$6.2M
$-3.1M
Free Cash FlowOCF − Capex
$5.1M
$-7.4M
FCF MarginFCF / Revenue
8.1%
-6.1%
Capex IntensityCapex / Revenue
1.8%
3.6%
Cash ConversionOCF / Net Profit
TTM Free Cash FlowTrailing 4 quarters
$15.2M
$14.3M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
WEAV
WEAV
WGS
WGS
Q4 25
$6.2M
$-3.1M
Q3 25
$6.1M
$15.8M
Q2 25
$5.4M
$10.4M
Q1 25
$-219.0K
$10.2M
Q4 24
$6.7M
$-3.2M
Q3 24
$4.5M
$-4.4M
Q2 24
$22.7M
$-4.5M
Q1 24
$-19.7M
$-16.4M
Free Cash Flow
WEAV
WEAV
WGS
WGS
Q4 25
$5.1M
$-7.4M
Q3 25
$5.8M
$9.6M
Q2 25
$4.9M
$8.1M
Q1 25
$-663.0K
$4.1M
Q4 24
$6.3M
$-6.2M
Q3 24
$4.0M
$-5.0M
Q2 24
$21.9M
$-5.9M
Q1 24
$-20.2M
$-16.9M
FCF Margin
WEAV
WEAV
WGS
WGS
Q4 25
8.1%
-6.1%
Q3 25
9.4%
8.2%
Q2 25
8.4%
7.8%
Q1 25
-1.2%
4.7%
Q4 24
11.6%
-6.5%
Q3 24
7.5%
-6.6%
Q2 24
43.4%
-8.3%
Q1 24
-42.9%
-27.0%
Capex Intensity
WEAV
WEAV
WGS
WGS
Q4 25
1.8%
3.6%
Q3 25
0.5%
5.3%
Q2 25
0.9%
2.3%
Q1 25
0.8%
7.0%
Q4 24
0.7%
3.2%
Q3 24
1.0%
0.8%
Q2 24
1.5%
1.9%
Q1 24
1.1%
0.7%
Cash Conversion
WEAV
WEAV
WGS
WGS
Q4 25
Q3 25
Q2 25
0.96×
Q1 25
Q4 24
-0.59×
Q3 24
Q2 24
Q1 24

Financial Flow Comparison

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

Revenue Breakdown by Segment

WEAV
WEAV

Segment breakdown not available.

WGS
WGS

Diagnostic Test Third Party Insurance$101.1M84%
Diagnostic Test Institutional Customers$15.5M13%
Other$3.4M3%

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