Weave Communications, Inc. (WEAV) Income Statement
WEAV 2025 at a glance
Fiscal year ended December 31, 2025 · U.S. dollarsWEAV revenue and net income
Where WEAV's revenue goes
2025Each bar shows an amount and its share of revenue. WEAV kept −11.7% of revenue as net income.
WEAV profit margins
WEAV growth rates
to 2025| 1 year | 3 years | 5 years | 10 years | |
|---|---|---|---|---|
| Revenue | +17.0% | +18.9% | +24.5% | — |
| Gross profit | +18.1% | +24.7% | +30.5% | — |
| Operating income | — | — | — | — |
| Net income | — | — | — | — |
| EPS (diluted) | — | — | — | — |
1-year change and average annual growth (CAGR) over 3, 5 and 10 fiscal years. "—" when a starting value was zero or negative.
WEAV quarterly EPS vs estimates
Weave Communications beat the analyst EPS estimate in 6 of the last 8 quarters. Next report: October 29, 2026 (estimate $-0.06).
WEAV income statement
| 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | |
|---|---|---|---|---|---|---|---|
| Revenue | $239.0M | $204.3M | $170.5M | $142.1M | $115.9M | $79.9M | $45.7M |
| Cost of revenue | $66.7M | $58.4M | $54.4M | $53.3M | $49.4M | $34.4M | $18.5M |
| Gross profit | $172.3M | $145.9M | $116.1M | $88.8M | $66.5M | $45.4M | $27.2M |
| Research & development | $44.5M | $40.2M | $34.0M | $30.7M | $27.0M | $20.0M | $14.4M |
| Sales, general & admin | $158.5M | $137.1M | $116.4M | $107.8M | $89.9M | $65.1M | $44.7M |
| Total operating expenses | $200.9M | $177.3M | $150.5M | $138.5M | $116.9M | $85.0M | $59.1M |
| Operating income | −$28.9M | −$31.4M | −$34.4M | −$49.7M | −$50.4M | −$39.6M | −$31.9M |
| Interest income | $1.8M | $1.9M | $2.2M | $1.2M | $0 | — | — |
| Interest expense | $1.7M | $1.5M | $1.9M | $1.4M | $1.2M | $1.1M | $811,000 |
| Income before taxes | −$29.0M | −$28.2M | −$30.8M | −$49.6M | −$51.6M | −$40.4M | −$32.1M |
| Income taxes | −$924,000 | $189,000 | $260,000 | $104,000 | $60,000 | $1.3M | $1.5M |
| Net income | −$28.1M | −$28.3M | −$31.0M | −$49.7M | −$51.7M | −$40.4M | −$32.1M |
| EBITDA | −$10.8M | −$11.2M | −$13.0M | −$31.5M | −$38.3M | −$29.9M | −$25.5M |
| EPS (diluted) | $0.09 | −$0.19 | −$0.12 | −$0.48 | −$2.11 | −$1.61 | −$0.98 |
| Gross margin | 72.1% | 71.4% | 68.1% | 62.5% | 57.4% | 56.9% | 59.5% |
| Operating margin | −12.1% | −15.4% | −20.2% | −35.0% | −43.5% | −49.5% | −69.8% |
| Net margin | −11.7% | −13.9% | −18.2% | −35.0% | −44.6% | −50.6% | −70.1% |
| Jun '26 | Mar '26 | Dec '25 | Sep '25 | Jun '25 | Mar '25 | Dec '24 | Sep '24 | Jun '24 | Mar '24 | Dec '23 | Sep '23 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $67.5M | $65.5M | $63.4M | $61.3M | $58.5M | $55.8M | $54.2M | $52.4M | $50.6M | $47.2M | $45.7M | $43.5M |
| Cost of revenue | $18.9M | $18.1M | $17.3M | $17.0M | $16.5M | $15.9M | $15.1M | $14.7M | $14.5M | $14.2M | $14.1M | $13.6M |
| Gross profit | $48.7M | $47.4M | $46.1M | $44.3M | $42.0M | $39.9M | $39.0M | $37.7M | $36.1M | $33.0M | $31.6M | $29.9M |
| Research & development | $12.1M | $10.8M | $8.2M | $13.1M | $12.0M | $11.2M | $10.8M | $9.9M | $10.0M | $9.6M | $9.1M | $8.6M |
| Sales, general & admin | $41.0M | $42.6M | $40.0M | $40.2M | $40.1M | $38.1M | $35.7M | $34.5M | $35.4M | $31.5M | $30.4M | $29.3M |
| Total operating expenses | $53.0M | $53.2M | $48.2M | $53.3M | $52.1M | $49.3M | $46.4M | $44.4M | $45.4M | $41.1M | $39.6M | $38.0M |
| Operating income | −$4.4M | −$5.8M | −$2.2M | −$8.9M | −$10.2M | −$9.3M | −$7.4M | −$6.6M | −$9.3M | −$8.2M | −$8.0M | −$8.0M |
| Interest income | $346,000 | $372,000 | $466,000 | $447,000 | $435,000 | $463,000 | $479,000 | $520,000 | $432,000 | $420,000 | $639,000 | $594,000 |
| Interest expense | $420,000 | $369,000 | $400,000 | $366,000 | $537,000 | $397,000 | $400,000 | $405,000 | $399,000 | $319,000 | $438,000 | $512,000 |
| Income before taxes | −$4.1M | −$5.7M | −$1.8M | −$8.6M | −$9.8M | −$8.8M | −$6.6M | −$5.8M | −$8.5M | −$7.2M | −$6.9M | −$7.1M |
| Income taxes | $132,000 | $102,000 | $29,000 | $82,000 | −$1.1M | $71,000 | $67,000 | $56,000 | $52,000 | $14,000 | $112,000 | $79,000 |
| Net income | −$4.3M | −$5.8M | −$1.8M | −$8.7M | −$8.7M | −$8.8M | −$6.7M | −$5.9M | −$8.6M | −$7.2M | −$7.0M | −$7.1M |
| EBITDA | $901,000 | −$772,000 | $3.0M | −$4.3M | −$5.4M | −$4.6M | $1.0M | −$1.7M | −$4.2M | −$2.9M | $704,000 | −$2.6M |
| EPS (diluted) | −$0.05 | $0.03 | $0.03 | $0.03 | $0.02 | $0.01 | −$0.09 | $0.03 | −$0.12 | −$0.01 | −$0.01 | −$0.01 |
| Gross margin | 72.0% | 72.4% | 72.7% | 72.3% | 71.7% | 71.6% | 72.1% | 72.0% | 71.4% | 69.9% | 69.1% | 68.7% |
| Operating margin | −6.5% | −8.8% | −3.4% | −14.6% | −17.4% | −16.7% | −13.6% | −12.7% | −18.3% | −17.3% | −17.5% | −18.4% |
| Net margin | −6.3% | −8.8% | −2.9% | −14.1% | −14.9% | −15.8% | −12.4% | −11.2% | −16.9% | −15.3% | −15.4% | −16.4% |
Quarterly columns are labeled by the month the quarter ended. Figures in U.S. dollars as reported in WEAV's financial statements (latest annual report filed March 5, 2026); data from EODHD. Sales, general & administrative expenses include sales and marketing.
WEAV financial results
In fiscal year 2025 (ended December 31, 2025), Weave Communications reported revenue of $239.0 million, up 17.0% from the year before. It had a net loss of $28.1 million, a net profit margin of −11.7%. Diluted earnings per share came to $0.09. Over five years revenue grew at an average rate of 24.5% a year.
See the WEAV stock overview for the latest quote and news, or the WEAV chart for price history and technical indicators.
WEAV income statement FAQ
What is Weave Communications's annual revenue?
Weave Communications reported total revenue of $239.0 million for fiscal year 2025, which ended on December 31, 2025. That was up 17.0% from $204.3 million the previous year.
Is Weave Communications profitable?
No. Weave Communications reported a net loss of $28.1 million in fiscal 2025, a net profit margin of −11.7%; its operating margin was −12.1%.
What is Weave Communications's gross margin?
Weave Communications's gross margin was 72.1% in fiscal 2025: for every $100 of revenue, Weave Communications kept $72 after the direct cost of its products and services.
How much does Weave Communications spend on research and development?
Weave Communications spent $44.5 million on research and development in fiscal 2025, 18.6% of revenue.
How fast is Weave Communications growing?
Revenue grew 24.5% a year on average over the last five fiscal years, from $79.9 million to $239.0 million.
What are Weave Communications's earnings per share?
Weave Communications earned $0.09 per diluted share in fiscal 2025, compared with $-0.19 a year earlier.
When will Weave Communications report its next earnings?
Weave Communications is expected to report results for the quarter ending September 30, 2026 on October 29, 2026.
When does Weave Communications's fiscal year end?
Weave Communications's fiscal year ends in December. The latest annual report covers the year ended December 31, 2025 and was filed on March 5, 2026.