WEAV · Weave Communications, Inc. - Financials
Annual line items from SEC XBRL filings, sourced from EDGAR's Company Facts API with fallback to the quarterly Financial Statement Data Sets. See issuer overview for Form 4 activity and 10-K signals.
Income Statement
| Line item | Q1 '26 | Q4 '25 | Q3 '25 | Q2 '25 | Q1 '25 | Q4 '24 | Q3 '24 | Q2 '24 | Q1 '24 | Q4 '23 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $65.50M | - | $61.34M | $58.47M | $55.81M | - | $52.39M | $50.59M | $47.17M | - |
| Cost of Revenue | $17.96M | - | $17.00M | $16.52M | $15.86M | - | $14.66M | $14.46M | $14.19M | - |
| Gross Profit | $47.54M | - | $44.34M | $41.95M | $39.95M | - | $37.73M | $36.12M | $32.99M | - |
| R&D | $10.81M | - | $13.12M | $11.99M | $11.15M | - | $9.87M | $9.96M | $9.64M | - |
| SG&A | $14.00M | - | $13.76M | $14.90M | $14.59M | - | $13.33M | $13.53M | $11.87M | - |
| Total Operating Expenses | $53.56M | - | $53.29M | $52.14M | $49.27M | - | $44.36M | $45.38M | $41.14M | - |
| D&A | $3.12M | - | $2.90M | $2.90M | $2.80M | - | $2.70M | $2.90M | $3.04M | - |
| Operating Income | ($6.02M) | - | ($8.94M) | ($10.19M) | ($9.32M) | - | ($6.63M) | ($9.26M) | ($8.15M) | - |
| Interest Expense | $369.0K | - | $405.0K | $537.0K | $319.0K | - | $405.0K | $399.0K | $319.0K | - |
| Income Tax | $102.0K | - | $82.0K | ($1.11M) | $71.4K | - | $56.0K | $52.0K | $14.1K | - |
| Net Income | ($5.77M) | - | ($8.67M) | ($8.71M) | ($8.82M) | - | ($5.88M) | ($8.55M) | ($7.20M) | - |
| EPS - Basic | ($0.07) | - | ($0.11) | ($0.11) | ($0.12) | - | ($0.08) | ($0.12) | ($0.10) | - |
| EPS - Diluted | ($0.07) | - | ($0.11) | ($0.11) | ($0.12) | - | ($0.08) | ($0.12) | ($0.10) | - |
Balance Sheet
| Line item | Q1 '26 | Q4 '25 | Q3 '25 | Q2 '25 | Q1 '25 | Q4 '24 | Q3 '24 | Q2 '24 | Q1 '24 | Q4 '23 |
|---|---|---|---|---|---|---|---|---|---|---|
| Cash & Equivalents | $42.21M | $54.96M | $64.39M | $44.66M | $53.41M | $51.60M | $51.10M | $51.66M | $30.61M | $50.76M |
| Accounts Receivable | $4.64M | $4.35M | $4.28M | $3.39M | $3.13M | $3.74M | $8.36M | $5.53M | $19.02M | $3.51M |
| Inventory | - | - | - | - | - | - | - | - | - | - |
| Accounts Payable | $6.62M | $7.26M | $6.12M | $5.91M | $4.87M | $8.28M | $7.60M | $7.57M | $4.16M | $5.17M |
| Current Assets | $100.68M | $104.99M | $102.95M | $99.37M | $120.26M | $120.74M | $122.52M | $121.10M | $119.72M | $129.78M |
| Total Assets | $204.28M | $207.97M | $206.46M | $204.34M | $188.31M | $188.93M | $192.03M | $191.20M | $190.17M | $201.01M |
| Current Liabilities | $81.07M | $84.60M | $82.91M | $81.27M | $75.17M | $76.62M | $76.94M | $74.05M | $68.36M | $72.85M |
| Long-term Debt | - | - | - | - | - | - | - | - | - | - |
| Total Liabilities | $121.01M | $125.58M | $127.85M | $125.47M | $119.73M | $121.96M | $123.19M | $121.38M | $116.74M | $122.06M |
| Stockholders' Equity | $83.28M | $82.38M | $78.62M | $78.88M | $68.58M | $66.97M | $68.84M | $69.82M | $73.44M | $78.96M |
| Retained Earnings | ($324.83M) | ($319.06M) | ($317.22M) | ($308.55M) | ($299.84M) | ($291.01M) | ($284.30M) | ($278.42M) | ($269.87M) | ($262.67M) |
Cash Flow
| Line item | Q1 '26 | Q4 '25 | Q3 '25 | Q2 '25 | Q1 '25 | Q4 '24 | Q3 '24 | Q2 '24 | Q1 '24 | Q4 '23 |
|---|---|---|---|---|---|---|---|---|---|---|
| Operating Cash Flow | ($5.71M) | - | - | - | ($219.0K) | - | - | - | ($19.70M) | - |
| Investing Cash Flow | ($5.03M) | - | - | - | $2.26M | - | - | - | $6.13M | - |
| Financing Cash Flow | ($2.01M) | - | - | - | ($225.0K) | - | - | - | ($6.58M) | - |
| CapEx | $521.0K | - | - | - | $444.0K | - | - | - | $513.0K | - |
| Free Cash Flow | ($6.23M) | - | - | - | ($663.0K) | - | - | - | ($20.21M) | - |
Ratios
| Metric | Q1 '26 | Q4 '25 | Q3 '25 | Q2 '25 | Q1 '25 | Q4 '24 | Q3 '24 | Q2 '24 | Q1 '24 | Q4 '23 |
|---|---|---|---|---|---|---|---|---|---|---|
| Profitability | ||||||||||
| Gross margin | 72.6% | - | 72.3% | 71.7% | 71.6% | - | 72.0% | 71.4% | 69.9% | - |
| Operating margin | -9.2% | - | -14.6% | -17.4% | -16.7% | - | -12.7% | -18.3% | -17.3% | - |
| EBITDA margin | -4.4% | - | -9.9% | -12.5% | -11.7% | - | -7.5% | -12.6% | -10.8% | - |
| Net margin | -8.8% | - | -14.1% | -14.9% | -15.8% | - | -11.2% | -16.9% | -15.3% | - |
| Free cash flow margin | -9.5% | - | - | - | -1.2% | - | - | - | -42.9% | - |
| FCF / Net income | 1.08 | - | - | - | 0.08 | - | - | - | 2.81 | - |
| R&D / Revenue | 16.5% | - | 21.4% | 20.5% | 20.0% | - | 18.8% | 19.7% | 20.4% | - |
| SG&A / Revenue | 21.4% | - | 22.4% | 25.5% | 26.1% | - | 25.4% | 26.8% | 25.2% | - |
| Effective tax rate | - | - | - | - | - | - | - | - | - | - |
| Return on assets | -2.8% | - | -4.2% | -4.3% | -4.7% | - | -3.1% | -4.5% | -3.8% | - |
| Return on equity | -6.9% | - | -11.0% | -11.0% | -12.9% | - | -8.5% | -12.2% | -9.8% | - |
| Return on invested capital | - | - | - | - | - | - | - | - | - | - |
| Liquidity | ||||||||||
| Current ratio | 1.24 | 1.24 | 1.24 | 1.22 | 1.60 | 1.58 | 1.59 | 1.64 | 1.75 | 1.78 |
| Quick ratio | 1.24 | 1.24 | 1.24 | 1.22 | 1.60 | 1.58 | 1.59 | 1.64 | 1.75 | 1.78 |
| Cash ratio | 0.52 | 0.65 | 0.78 | 0.55 | 0.71 | 0.67 | 0.66 | 0.70 | 0.45 | 0.70 |
| Leverage | ||||||||||
| Debt / Equity | - | - | - | - | - | - | - | - | - | - |
| Debt / Assets | - | - | - | - | - | - | - | - | - | - |
| Debt / EBITDA | - | - | - | - | - | - | - | - | - | - |
| Interest coverage | -16.3x | - | -22.1x | -19.0x | -29.2x | - | -16.4x | -23.2x | -25.6x | - |
| Equity multiplier | 2.45 | 2.52 | 2.63 | 2.59 | 2.75 | 2.82 | 2.79 | 2.74 | 2.59 | 2.55 |
| Liabilities / Assets | 0.59 | 0.60 | 0.62 | 0.61 | 0.64 | 0.65 | 0.64 | 0.63 | 0.61 | 0.61 |
| Efficiency | ||||||||||
| Asset turnover | 0.32 | - | 0.30 | 0.29 | 0.30 | - | 0.27 | 0.26 | 0.25 | - |
| Inventory turnover | - | - | - | - | - | - | - | - | - | - |
| Days sales outstanding | 26d | - | 25d | 21d | 20d | - | 58d | 40d | 147d | - |
| Days inventory outstanding | - | - | - | - | - | - | - | - | - | - |
| Days payable outstanding | 134d | - | 131d | 131d | 112d | - | 189d | 191d | 107d | - |
| Cash conversion cycle | - | - | - | - | - | - | - | - | - | - |
| Valuation | ||||||||||
| P / E | - | - | - | - | - | - | - | - | - | - |
| P / B | 4.4x | - | 6.6x | 8.0x | 11.9x | - | 13.4x | 9.2x | 11.0x | - |
| P / S | 5.5x | - | 8.4x | 10.8x | 14.7x | - | 17.6x | 12.7x | 17.1x | - |
| EV / EBITDA | - | - | - | - | - | - | - | - | - | - |
| Growth | ||||||||||
| Revenue growth (YoY) | 17.4% | - | 17.1% | 15.6% | 18.3% | - | 20.3% | 21.4% | 19.2% | - |
| Revenue CAGR (3y) | 18.3% | - | 19.2% | 27.7% | 29.5% | - | 34.8% | - | - | - |
| Revenue CAGR (5y) | - | - | - | - | - | - | - | - | - | - |
| Gross profit growth (YoY) | 19.0% | - | 17.5% | 16.1% | 21.1% | - | 26.0% | 28.8% | 24.3% | - |
| Operating income growth (YoY) | 35.4% | - | -34.9% | -10.1% | -14.3% | - | 17.4% | 5.9% | 4.3% | - |
| Net income growth (YoY) | 34.6% | - | -47.4% | -1.8% | -22.5% | - | 17.7% | 4.8% | 8.3% | - |
| EPS growth (YoY) | 41.7% | - | -37.5% | 8.3% | -20.0% | - | 20.0% | 7.7% | 16.7% | - |
| EPS CAGR (3y) | - | - | - | - | - | - | - | - | - | - |
| EPS CAGR (5y) | - | - | - | - | - | - | - | - | - | - |
| FCF growth (YoY) | -839.1% | - | - | - | 96.7% | - | - | - | - | - |
| FCF CAGR (5y) | - | - | - | - | - | - | - | - | - | - |
| Book value growth (YoY) | 21.4% | 23.0% | 14.2% | 13.0% | -6.6% | -15.2% | -14.9% | -7.4% | -8.0% | -5.1% |
Sales by segment
From XBRL dimensional facts in the 10-K period ending 2025-12-31.
Business segments
$239.02M totalReportable Segment$239.02M · 100.0%
Product / service
$474.58M totalRecurring Revenue$235.56M · 49.6%
Subscription And Payment Processing$228.77M · 48.2%
Phone Hardware$6.79M · 1.4%
Onboarding$3.46M · 0.7%
Peer comparison
Same SIC group: Services-Prepackaged Software
Comparing Weave Communications against the 5 most active filers in the same SIC group.