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Weave Communications (WEAV) Financials

Weave Communications logo
$5.69 -0.08 (-1.44%)
Closing price 06/5/2026 03:59 PM Eastern
Extended Trading
$5.74 +0.05 (+0.84%)
As of 06/5/2026 07:38 PM Eastern
Extended trading is trading that happens on electronic markets outside of regular trading hours. This is a fair market value extended hours price provided by Massive. Learn more.
Annual Income Statements for Weave Communications

Annual Income Statements for Weave Communications

This table shows Weave Communications' income and expenses over time, based on annual financial data. All values are USD millions unless otherwise specified.

Metric 2022 2023 2024
Period end date 12/31/2022 12/31/2023 12/31/2024
Net Income / (Loss) Attributable to Common Shareholders
-50 -31 -28
Consolidated Net Income / (Loss)
-50 -31 -28
Net Income / (Loss) Continuing Operations
-50 -31 -28
Total Pre-Tax Income
-50 -31 -28
Total Operating Income
-50 -34 -31
Total Gross Profit
89 116 146
Total Revenue
142 170 204
Operating Revenue
142 170 204
Total Cost of Revenue
53 54 58
Operating Cost of Revenue
53 54 58
Total Operating Expenses
139 150 177
Selling, General & Admin Expense
42 46 52
Marketing Expense
65 71 85
Research & Development Expense
31 34 40
Total Other Income / (Expense), net
0.07 3.60 3.26
Interest Expense
1.44 1.92 1.52
Interest & Investment Income
1.16 2.20 1.85
Other Income / (Expense), net
0.36 3.32 2.93
Income Tax Expense
0.10 0.26 0.19
Basic Earnings per Share
($0.76) ($0.46) ($0.40)
Weighted Average Basic Shares Outstanding
65.08M 67.69M 71.66M
Diluted Earnings per Share
($0.76) ($0.46) ($0.40)
Weighted Average Diluted Shares Outstanding
65.08M 67.69M 71.66M
Weighted Average Basic & Diluted Shares Outstanding
66.01M 70.56M 73.90M

Quarterly Income Statements for Weave Communications

This table shows Weave Communications' income and expenses over time, based on quarterly financial data. All values are USD millions unless otherwise specified.

Metric Q3 2022 Q4 2022 Q1 2023 Q2 2023 Q3 2023 Q4 2023 Q1 2024 Q2 2024 Q3 2024 Q4 2024
Period end date 9/30/2022 12/31/2022 3/31/2023 6/30/2023 9/30/2023 12/31/2023 3/31/2024 6/30/2024 9/30/2024 12/31/2024
Net Income / (Loss) Attributable to Common Shareholders
-12 -9.27 -7.86 -8.99 -7.15 -7.04 -7.20 -8.55 -5.88 -6.71
Consolidated Net Income / (Loss)
-12 -9.27 -7.86 -8.99 -7.15 -7.04 -7.20 -8.55 -5.88 -6.71
Net Income / (Loss) Continuing Operations
-12 -9.27 -7.86 -8.99 -7.15 -7.04 -7.20 -8.55 -5.88 -6.71
Total Pre-Tax Income
-12 -9.25 -7.84 -8.94 -7.07 -6.93 -7.19 -8.50 -5.82 -6.64
Total Operating Income
-12 -9.75 -8.52 -9.83 -8.02 -7.99 -8.16 -9.26 -6.63 -7.37
Total Gross Profit
23 25 27 28 30 32 33 36 38 39
Total Revenue
36 38 40 42 44 46 47 51 52 54
Operating Revenue
36 38 40 42 44 46 47 51 52 54
Total Cost of Revenue
13 13 13 14 14 14 14 14 15 15
Operating Cost of Revenue
13 13 13 14 14 14 14 14 15 15
Total Operating Expenses
35 35 35 38 38 40 41 45 44 46
Selling, General & Admin Expense
11 10 10 12 12 12 12 14 13 14
Marketing Expense
16 16 17 17 18 18 20 22 21 22
Research & Development Expense
7.90 8.19 7.69 8.59 8.63 9.13 9.65 9.96 9.87 11
Total Other Income / (Expense), net
0.07 0.50 0.68 0.89 0.96 1.07 0.97 0.75 0.81 0.73
Interest Expense
0.38 0.44 0.47 0.50 0.51 0.44 0.32 0.40 0.41 0.40
Interest & Investment Income
0.47 - 0.44 0.53 0.59 0.64 0.42 0.43 0.52 0.48
Other Income / (Expense), net
-0.02 0.38 0.72 0.87 0.87 0.87 0.87 0.72 0.69 0.65
Income Tax Expense
0.03 0.02 0.02 0.05 0.08 0.11 0.01 0.05 0.06 0.07
Basic Earnings per Share
($0.18) ($0.14) ($0.12) ($0.13) ($0.10) ($0.11) ($0.10) ($0.12) ($0.08) ($0.10)
Weighted Average Basic Shares Outstanding
65.14M 65.08M 65.95M 66.85M 68.21M 67.69M 70.45M 71.29M 72.01M 71.66M
Diluted Earnings per Share
($0.18) ($0.14) ($0.12) ($0.13) ($0.10) ($0.11) ($0.10) ($0.12) ($0.08) ($0.10)
Weighted Average Diluted Shares Outstanding
65.14M 65.08M 65.95M 66.85M 68.21M 67.69M 70.45M 71.29M 72.01M 71.66M
Weighted Average Basic & Diluted Shares Outstanding
65.58M 66.01M 66.72M 67.55M 69.47M 70.56M 71.12M 71.81M 72.77M 73.90M

Annual Cash Flow Statements for Weave Communications

This table details how cash moves in and out of Weave Communications' business through operations, investing, and financing, using annual figures. All values are USD millions unless otherwise specified.

Metric 2022 2023 2024
Period end date 12/31/2022 12/31/2023 12/31/2024
Net Change in Cash & Equivalents
-74 -11 0.84
Net Cash From Operating Activities
-13 10 14
Net Cash From Continuing Operating Activities
-13 10 14
Net Income / (Loss) Continuing Operations
-50 -31 -28
Consolidated Net Income / (Loss)
-50 -31 -28
Depreciation Expense
13 12 12
Amortization Expense
14 13 15
Non-Cash Adjustments To Reconcile Net Income
19 20 34
Changes in Operating Assets and Liabilities, net
-9.87 -4.37 -18
Net Cash From Investing Activities
-54 -7.74 8.88
Net Cash From Continuing Investing Activities
-54 -7.74 8.88
Purchase of Property, Plant & Equipment
-3.13 -3.69 -3.79
Purchase of Investments
-51 -66 -54
Sale of Property, Plant & Equipment
0.02 0.00 0.00
Sale and/or Maturity of Investments
0.00 62 66
Net Cash From Financing Activities
-7.21 -14 -22
Net Cash From Continuing Financing Activities
-7.21 -14 -22
Repayment of Debt
0.00 -10 0.00
Repurchase of Common Equity
-0.67 0.00 0.00
Issuance of Common Equity
0.86 1.33 2.00
Other Financing Activities, net
-7.39 -5.05 -24
Cash Interest Paid
1.44 1.92 1.52
Cash Income Taxes Paid
0.10 0.26 0.19

Quarterly Cash Flow Statements for Weave Communications

This table details how cash moves in and out of Weave Communications' business through operations, investing, and financing, using quarterly figures. All values are USD millions unless otherwise specified.

Metric Q3 2022 Q4 2022 Q1 2023 Q2 2023 Q3 2023 Q4 2023 Q1 2024 Q2 2024 Q3 2024 Q4 2024
Period end date 9/30/2022 12/31/2022 3/31/2023 6/30/2023 9/30/2023 12/31/2023 3/31/2024 6/30/2024 9/30/2024 12/31/2024
Net Change in Cash & Equivalents
-5.97 -56 -5.92 -3.96 11 -13 -20 21 -0.56 0.49
Net Cash From Operating Activities
-4.02 -2.84 1.54 1.60 3.33 3.74 -20 23 4.50 6.67
Net Cash From Continuing Operating Activities
-4.02 -2.84 1.54 1.60 3.33 3.74 -20 23 4.50 6.67
Net Income / (Loss) Continuing Operations
-12 -9.27 -7.86 -8.99 -7.15 -7.04 -7.20 -8.55 -5.88 -6.71
Consolidated Net Income / (Loss)
-12 -9.27 -7.86 -8.99 -7.15 -7.04 -7.20 -8.55 -5.88 -6.71
Depreciation Expense
3.15 3.12 3.05 2.95 2.97 3.03 3.05 2.91 2.71 2.85
Amortization Expense
3.75 3.41 3.23 3.36 3.25 3.50 3.63 3.81 3.83 3.97
Non-Cash Adjustments To Reconcile Net Income
6.46 5.79 4.94 6.12 6.38 2.86 7.02 8.88 8.42 9.76
Changes in Operating Assets and Liabilities, net
-5.57 -5.89 -1.81 -1.83 -2.12 1.39 -26 16 -4.58 -3.19
Net Cash From Investing Activities
-0.59 -52 -5.44 -2.34 3.06 -3.02 6.13 3.38 -0.02 -0.61
Net Cash From Continuing Investing Activities
-0.59 -52 -5.44 -2.34 3.06 -3.02 6.13 3.38 -0.02 -0.61
Purchase of Property, Plant & Equipment
-0.60 -0.93 -0.95 -0.68 -1.25 -0.81 -0.82 -1.46 -0.96 -0.55
Purchase of Investments
- -51 -17 -18 -11 -20 -17 -3.66 -23 -11
Sale and/or Maturity of Investments
- - 13 16 15 18 24 8.50 23 11
Net Cash From Financing Activities
-1.36 -1.68 -2.02 -3.22 4.77 -13 -6.58 -5.01 -5.03 -5.57
Net Cash From Continuing Financing Activities
-1.36 -1.68 -2.02 -3.22 4.77 -13 -6.58 -5.01 -5.03 -5.57
Other Financing Activities, net
-1.95 -1.68 -2.64 -3.22 4.06 -3.26 -7.60 -5.01 -6.01 -5.57
Cash Interest Paid
0.38 0.44 0.47 0.50 0.51 0.44 0.32 0.40 0.41 0.40
Cash Income Taxes Paid
0.03 0.02 0.02 0.05 0.08 0.11 0.01 0.05 0.06 0.07

Annual Balance Sheets for Weave Communications

This table presents Weave Communications' assets and liabilities at the end of each period, using annual balance sheet data. All values are USD millions unless otherwise specified.

Metric 2022 2023 2024
Period end date 12/31/2022 12/31/2023 12/31/2024
Total Assets
208 201 189
Total Current Assets
133 130 121
Cash & Equivalents
62 51 52
Short-Term Investments
51 58 48
Accounts Receivable
3.30 3.51 3.74
Prepaid Expenses
6.37 6.88 6.30
Other Current Assets
9.88 11 12
Plant, Property, & Equipment, net
11 9.92 8.44
Total Noncurrent Assets
65 61 60
Noncurrent Note & Lease Receivables
11 10 11
Other Noncurrent Operating Assets
54 51 49
Total Liabilities & Shareholders' Equity
208 201 189
Total Liabilities
125 122 122
Total Current Liabilities
72 73 77
Accounts Payable
3.79 5.17 8.28
Accrued Expenses
14 18 18
Current Deferred Revenue
34 39 40
Other Current Liabilities
11 10 11
Total Noncurrent Liabilities
53 49 45
Other Noncurrent Operating Liabilities
53 49 45
Commitments & Contingencies
0.00 0.00 0.00
Total Equity & Noncontrolling Interests
83 79 67
Total Preferred & Common Equity
83 79 67
Preferred Stock
0.00 0.00 0.00
Total Common Equity
83 79 67
Common Stock
315 342 359
Retained Earnings
-232 -263 -291
Accumulated Other Comprehensive Income / (Loss)
-0.03 0.11 -0.57

Quarterly Balance Sheets for Weave Communications

This table presents Weave Communications' assets and liabilities at the end of each period, using quarterly balance sheet data. All values are USD millions unless otherwise specified.

Metric Q3 2022 Q1 2023 Q2 2023 Q3 2023 Q1 2024 Q2 2024 Q3 2024
Period end date 9/30/2022 3/31/2023 6/30/2023 9/30/2023 3/31/2024 6/30/2024 9/30/2024
Total Assets
213 206 203 211 190 191 192
Total Current Assets
136 132 129 138 120 121 123
Cash & Equivalents
118 56 52 63 31 52 51
Short-Term Investments
- 57 59 55 52 47 47
Accounts Receivable
3.65 3.05 3.28 3.71 19 5.53 8.36
Prepaid Expenses
4.89 5.82 4.87 5.90 7.53 5.39 4.68
Other Current Assets
9.39 10 10 10 11 11 11
Plant, Property, & Equipment, net
11 11 10 10 9.52 9.75 8.85
Total Noncurrent Assets
65 64 63 62 61 60 61
Noncurrent Note & Lease Receivables
11 11 10 10 10 10 10
Other Noncurrent Operating Assets
55 53 52 52 51 50 50
Total Liabilities & Shareholders' Equity
213 206 203 211 190 191 192
Total Liabilities
126 126 127 130 117 121 123
Total Current Liabilities
75 64 66 70 68 74 77
Accounts Payable
3.40 4.15 4.27 4.79 4.16 7.57 7.60
Accrued Expenses
16 15 14 17 14 15 19
Current Deferred Revenue
33 35 37 38 40 41 40
Other Current Liabilities
13 11 11 11 10 10 10
Total Noncurrent Liabilities
51 62 61 60 48 47 46
Other Noncurrent Operating Liabilities
51 52 51 50 48 47 46
Commitments & Contingencies
0.00 0.00 0.00 0.00 0.00 0.00 0.00
Total Equity & Noncontrolling Interests
87 80 75 81 73 70 69
Total Preferred & Common Equity
87 80 75 81 73 70 69
Preferred Stock
0.00 0.00 0.00 0.00 0.00 0.00 0.00
Total Common Equity
87 80 75 81 73 70 69
Common Stock
309 319 324 337 343 349 353
Retained Earnings
-222 -239 -248 -256 -270 -278 -284
Accumulated Other Comprehensive Income / (Loss)
-0.13 -0.05 0.03 -0.11 -0.19 -0.29 -0.13

Annual Metrics And Ratios for Weave Communications

This table displays calculated financial ratios and metrics derived from Weave Communications' official financial filings.

Metric 2022 2023 2024
Period end date 12/31/2022 12/31/2023 12/31/2024
Growth Metrics
- - -
Revenue Growth
22.65% 19.95% 19.85%
EBITDA Growth
23.88% 74.05% 69.64%
EBIT Growth
2.18% 37.09% 8.24%
NOPAT Growth
1.36% 30.86% 8.59%
Net Income Growth
3.78% 37.61% 8.65%
EPS Growth
70.77% 39.47% 13.04%
Operating Cash Flow Growth
37.34% 180.06% 38.43%
Free Cash Flow Firm Growth
62.86% -7.21% -37.98%
Invested Capital Growth
-1,592.43% -48.56% -7.61%
Revenue Q/Q Growth
4.29% 4.93% 4.33%
EBITDA Q/Q Growth
18.29% 28.19% 28.51%
EBIT Q/Q Growth
8.09% 6.72% 1.40%
NOPAT Q/Q Growth
7.28% 4.85% 1.94%
Net Income Q/Q Growth
8.80% 6.70% 1.14%
EPS Q/Q Growth
-171.43% 6.12% 2.44%
Operating Cash Flow Q/Q Growth
36.11% 180.95% 26.14%
Free Cash Flow Firm Q/Q Growth
0.00% 27.11% 4.37%
Invested Capital Q/Q Growth
7.85% -8.63% -9.69%
Profitability Metrics
- - -
Gross Margin
62.51% 68.10% 71.40%
EBITDA Margin
-15.48% -3.35% -0.85%
Operating Margin
-34.97% -20.16% -15.37%
EBIT Margin
-34.72% -18.21% -13.94%
Profit (Net Income) Margin
-35.00% -18.20% -13.87%
Tax Burden Percent
100.21% 100.85% 100.67%
Interest Burden Percent
100.58% 99.12% 98.85%
Effective Tax Rate
0.00% 0.00% 0.00%
Return on Invested Capital (ROIC)
0.00% 0.00% 0.00%
ROIC Less NNEP Spread (ROIC-NNEP)
0.00% 0.00% 0.00%
Return on Net Nonoperating Assets (RNNOA)
0.00% 0.00% 0.00%
Return on Equity (ROE)
-50.88% -38.27% -38.85%
Cash Return on Invested Capital (CROIC)
0.00% 0.00% 0.00%
Operating Return on Assets (OROA)
-24.93% -15.17% -14.61%
Return on Assets (ROA)
-25.13% -15.16% -14.54%
Return on Common Equity (ROCE)
-50.88% -38.27% -38.85%
Return on Equity Simple (ROE_SIMPLE)
-59.77% -39.30% -42.33%
Net Operating Profit after Tax (NOPAT)
-35 -24 -22
NOPAT Margin
-24.48% -14.11% -10.76%
Net Nonoperating Expense Percent (NNEP)
-13.95% -6.57% -6.11%
Return On Investment Capital (ROIC_SIMPLE)
-37.32% -30.47% -32.84%
Cost of Revenue to Revenue
37.49% 31.90% 28.60%
SG&A Expenses to Revenue
29.87% 26.78% 25.67%
R&D to Revenue
21.61% 19.97% 19.69%
Operating Expenses to Revenue
97.49% 88.26% 86.78%
Earnings before Interest and Taxes (EBIT)
-49 -31 -28
Earnings before Interest, Taxes, Depreciation and Amortization (EBITDA)
-22 -5.71 -1.73
Valuation Ratios
- - -
Price to Book Value (P/BV)
3.61 10.09 17.30
Price to Tangible Book Value (P/TBV)
3.61 10.09 17.30
Price to Revenue (P/Rev)
2.11 4.67 5.67
Price to Earnings (P/E)
0.00 0.00 0.00
Dividend Yield
0.00% 0.00% 0.00%
Earnings Yield
0.00% 0.00% 0.00%
Enterprise Value to Invested Capital (EV/IC)
0.00 0.00 0.00
Enterprise Value to Revenue (EV/Rev)
1.39 4.04 5.19
Enterprise Value to EBITDA (EV/EBITDA)
0.00 0.00 0.00
Enterprise Value to EBIT (EV/EBIT)
0.00 0.00 0.00
Enterprise Value to NOPAT (EV/NOPAT)
0.00 0.00 0.00
Enterprise Value to Operating Cash Flow (EV/OCF)
0.00 67.31 74.87
Enterprise Value to Free Cash Flow (EV/FCFF)
0.00 0.00 0.00
Leverage & Solvency
- - -
Debt to Equity
0.12 0.00 0.00
Long-Term Debt to Equity
0.00 0.00 0.00
Financial Leverage
-1.10 -1.31 -1.43
Leverage Ratio
2.02 2.52 2.67
Compound Leverage Factor
2.04 2.50 2.64
Debt to Total Capital
10.73% 0.00% 0.00%
Short-Term Debt to Total Capital
10.73% 0.00% 0.00%
Long-Term Debt to Total Capital
0.00% 0.00% 0.00%
Preferred Equity to Total Capital
0.00% 0.00% 0.00%
Noncontrolling Interests to Total Capital
0.00% 0.00% 0.00%
Common Equity to Total Capital
89.27% 100.00% 100.00%
Debt to EBITDA
-0.45 0.00 0.00
Net Debt to EBITDA
4.70 0.00 0.00
Long-Term Debt to EBITDA
0.00 0.00 0.00
Debt to NOPAT
-0.29 0.00 0.00
Net Debt to NOPAT
2.97 0.00 0.00
Long-Term Debt to NOPAT
0.00 0.00 0.00
Altman Z-Score
0.13 2.77 4.41
Noncontrolling Interest Sharing Ratio
0.00% 0.00% 0.00%
Liquidity Ratios
- - -
Current Ratio
1.84 1.78 1.58
Quick Ratio
1.62 1.54 1.34
Cash Flow Metrics
- - -
Free Cash Flow to Firm (FCFF)
-13 -14 -20
Operating Cash Flow to CapEx
-410.35% 276.99% 373.82%
Free Cash Flow to Firm to Interest Expense
-9.25 -7.43 -12.94
Operating Cash Flow to Interest Expense
-8.86 5.32 9.29
Operating Cash Flow Less CapEx to Interest Expense
-11.02 3.40 6.81
Efficiency Ratios
- - -
Asset Turnover
0.72 0.83 1.05
Accounts Receivable Turnover
44.73 50.09 56.33
Inventory Turnover
0.00 0.00 0.00
Fixed Asset Turnover
8.06 16.47 22.25
Accounts Payable Turnover
13.57 12.13 8.69
Days Sales Outstanding (DSO)
8.16 7.29 6.48
Days Inventory Outstanding (DIO)
0.00 0.00 0.00
Days Payable Outstanding (DPO)
26.90 30.09 42.00
Cash Conversion Cycle (CCC)
-18.74 -22.80 -35.52
Capital & Investment Metrics
- - -
Invested Capital
-20 -30 -32
Invested Capital Turnover
-15.14 -6.82 -6.59
Increase / (Decrease) in Invested Capital
-21 -9.77 -2.28
Enterprise Value (EV)
197 688 1,059
Market Capitalization
300 797 1,159
Book Value per Share
$1.27 $1.14 $0.92
Tangible Book Value per Share
$1.27 $1.14 $0.92
Total Capital
93 79 67
Total Debt
10 0.00 0.00
Total Long-Term Debt
0.00 0.00 0.00
Net Debt
-103 -109 -99
Capital Expenditures (CapEx)
3.11 3.69 3.79
Debt-free, Cash-free Net Working Capital (DFCFNWC)
-43 -52 -55
Debt-free Net Working Capital (DFNWC)
71 57 44
Net Working Capital (NWC)
61 57 44
Net Nonoperating Expense (NNE)
15 6.97 6.36
Net Nonoperating Obligations (NNO)
-103 -109 -99
Total Depreciation and Amortization (D&A)
27 25 27
Debt-free, Cash-free Net Working Capital to Revenue
-30.02% -30.46% -26.92%
Debt-free Net Working Capital to Revenue
49.73% 33.39% 21.59%
Net Working Capital to Revenue
42.69% 33.39% 21.59%
Earnings Adjustments
- - -
Adjusted Basic Earnings per Share
($0.76) ($0.46) ($0.40)
Adjusted Weighted Average Basic Shares Outstanding
65.08M 67.69M 71.66M
Adjusted Diluted Earnings per Share
($0.76) ($0.46) ($0.40)
Adjusted Weighted Average Diluted Shares Outstanding
65.08M 67.69M 71.66M
Adjusted Basic & Diluted Earnings per Share
$0.00 $0.00 $0.00
Adjusted Weighted Average Basic & Diluted Shares Outstanding
66.01M 70.56M 73.90M
Normalized Net Operating Profit after Tax (NOPAT)
-35 -24 -22
Normalized NOPAT Margin
-24.48% -14.11% -10.76%
Pre Tax Income Margin
-34.92% -18.05% -13.78%
Debt Service Ratios
- - -
EBIT to Interest Expense
-34.25 -16.14 -18.70
NOPAT to Interest Expense
-24.14 -12.51 -14.44
EBIT Less CapEx to Interest Expense
-36.40 -18.06 -21.19
NOPAT Less CapEx to Interest Expense
-26.30 -14.43 -16.92
Payout Ratios
- - -
Dividend Payout Ratio
0.00% 0.00% 0.00%
Augmented Payout Ratio
-1.35% 0.00% 0.00%

Quarterly Metrics And Ratios for Weave Communications

This table displays calculated financial ratios and metrics derived from Weave Communications' official financial filings.

Metric Q3 2022 Q4 2022 Q1 2023 Q2 2023 Q3 2023 Q4 2023 Q1 2024 Q2 2024 Q3 2024 Q4 2024
Period end date 9/30/2022 12/31/2022 3/31/2023 6/30/2023 9/30/2023 12/31/2023 3/31/2024 6/30/2024 9/30/2024 12/31/2024
Growth Metrics
- - - - - - - - - -
Revenue Growth
19.56% 18.36% 18.91% 19.29% 20.19% 21.25% 19.23% 21.41% 20.31% 18.55%
EBITDA Growth
39.92% 63.45% 76.77% 65.04% 81.35% 79.02% 59.63% 31.71% 164.87% 116.13%
EBIT Growth
14.60% 31.69% 42.26% 38.57% 39.81% 23.89% 6.57% 4.81% 16.93% 5.68%
NOPAT Growth
14.70% 28.59% 36.95% 32.61% 32.35% 17.99% 4.26% 5.88% 17.35% 7.76%
Net Income Growth
16.89% 34.13% 43.21% 39.33% 39.54% 24.04% 8.35% 4.84% 17.72% 4.66%
EPS Growth
82.52% -141.18% 42.86% 43.48% 44.44% 21.43% 16.67% 7.69% 20.00% 9.09%
Operating Cash Flow Growth
-22.88% 71.75% 136.95% 192.66% 182.87% 231.71% -1,378.46% 1,313.72% 34.97% 78.35%
Free Cash Flow Firm Growth
237.89% 0.00% -93.51% -130.56% -99.53% -71.50% -4,459.13% 25.08% -4,417.07% -169.15%
Invested Capital Growth
-7,353.16% -1,592.43% -39.11% -14.22% -26.02% -48.56% 61.04% -14.51% -6.58% -7.61%
Revenue Q/Q Growth
3.72% 4.02% 4.99% 5.31% 4.50% 4.93% 3.24% 7.24% 3.56% 3.40%
EBITDA Q/Q Growth
34.47% 43.01% 46.02% -73.42% 65.05% 35.88% -3.87% -193.37% 133.20% -84.05%
EBIT Q/Q Growth
18.63% 21.13% 16.69% -14.89% 20.27% 0.28% -2.27% -17.06% 30.42% -13.22%
NOPAT Q/Q Growth
18.73% 17.81% 12.60% -15.44% 18.42% 0.36% -2.03% -13.49% 28.36% -11.21%
Net Income Q/Q Growth
20.23% 21.59% 15.19% -14.37% 20.51% 1.48% -2.33% -18.74% 31.26% -14.15%
EPS Q/Q Growth
21.74% 22.22% 14.29% -8.33% 23.08% -10.00% 9.09% -20.00% 33.33% -25.00%
Operating Cash Flow Q/Q Growth
-132.41% 29.38% 154.24% 4.09% 107.86% 12.24% -626.48% 215.10% -80.16% 48.31%
Free Cash Flow Firm Q/Q Growth
14.07% 5.87% -96.92% -922.85% 101.77% 6,262.65% -570.39% 85.86% -2.00% -1.91%
Invested Capital Q/Q Growth
2.27% 7.85% -13.39% -11.86% -7.82% -8.63% 70.26% -228.78% -0.35% -9.69%
Profitability Metrics
- - - - - - - - - -
Gross Margin
64.05% 66.16% 67.06% 67.30% 68.75% 69.12% 69.93% 71.41% 72.02% 72.08%
EBITDA Margin
-13.73% -7.53% -3.87% -6.37% -2.13% -1.30% -1.31% -3.58% 1.15% 0.18%
Operating Margin
-32.73% -25.86% -21.53% -23.60% -18.42% -17.49% -17.29% -18.30% -12.66% -13.61%
EBIT Margin
-32.78% -24.85% -19.72% -21.52% -16.42% -15.60% -15.45% -16.87% -11.34% -12.41%
Profit (Net Income) Margin
-32.62% -24.59% -19.86% -21.57% -16.41% -15.41% -15.27% -16.91% -11.22% -12.39%
Tax Burden Percent
100.26% 100.24% 100.26% 100.55% 101.12% 101.62% 100.19% 100.61% 100.96% 101.01%
Interest Burden Percent
99.26% 98.71% 100.46% 99.71% 98.85% 97.18% 98.61% 99.61% 98.06% 98.82%
Effective Tax Rate
0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
Return on Invested Capital (ROIC)
0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
ROIC Less NNEP Spread (ROIC-NNEP)
0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
Return on Net Nonoperating Assets (RNNOA)
0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
Return on Equity (ROE)
-107.82% -50.88% -48.01% -45.32% -39.72% -38.27% -39.65% -41.24% -38.29% -38.85%
Cash Return on Invested Capital (CROIC)
0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
Operating Return on Assets (OROA)
-29.25% -17.85% -13.54% -15.84% -12.60% -12.99% -13.89% -16.02% -11.02% -13.01%
Return on Assets (ROA)
-29.11% -17.66% -13.64% -15.88% -12.59% -12.83% -13.73% -16.06% -10.91% -12.98%
Return on Common Equity (ROCE)
54.11% -50.88% -48.01% -45.32% -39.72% -38.27% -39.65% -41.24% -38.29% -38.85%
Return on Equity Simple (ROE_SIMPLE)
-63.03% 0.00% -54.84% -50.31% -41.10% 0.00% -41.36% -42.88% -41.66% 0.00%
Net Operating Profit after Tax (NOPAT)
-8.30 -6.82 -5.96 -6.88 -5.62 -5.60 -5.71 -6.48 -4.64 -5.16
NOPAT Margin
-22.91% -18.10% -15.07% -16.52% -12.90% -12.25% -12.10% -12.81% -8.86% -9.53%
Net Nonoperating Expense Percent (NNEP)
-5.73% -2.28% -1.71% -1.96% -1.41% -1.36% -1.62% -2.08% -1.20% -1.49%
Return On Investment Capital (ROIC_SIMPLE)
- -7.32% - - - -7.09% - - - -7.71%
Cost of Revenue to Revenue
35.95% 33.84% 32.94% 32.70% 31.25% 30.88% 30.07% 28.59% 27.98% 27.92%
SG&A Expenses to Revenue
30.02% 27.53% 25.63% 28.40% 26.47% 26.59% 25.16% 26.75% 25.45% 25.33%
R&D to Revenue
21.80% 21.72% 19.45% 20.60% 19.81% 19.99% 20.45% 19.69% 18.84% 19.86%
Operating Expenses to Revenue
96.78% 92.03% 88.59% 90.90% 87.17% 86.61% 87.22% 89.71% 84.67% 85.69%
Earnings before Interest and Taxes (EBIT)
-12 -9.37 -7.80 -8.97 -7.15 -7.13 -7.29 -8.53 -5.94 -6.72
Earnings before Interest, Taxes, Depreciation and Amortization (EBITDA)
-4.98 -2.84 -1.53 -2.66 -0.93 -0.60 -0.62 -1.81 0.60 0.10
Valuation Ratios
- - - - - - - - - -
Price to Book Value (P/BV)
3.80 3.61 4.11 9.83 6.80 10.09 11.03 9.19 13.35 17.30
Price to Tangible Book Value (P/TBV)
3.80 3.61 4.11 9.83 6.80 10.09 11.03 9.19 13.35 17.30
Price to Revenue (P/Rev)
2.41 2.11 2.21 4.78 3.39 4.67 4.55 3.43 4.69 5.67
Price to Earnings (P/E)
0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Dividend Yield
0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
Earnings Yield
0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
Enterprise Value to Invested Capital (EV/IC)
0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Enterprise Value to Revenue (EV/Rev)
1.61 1.39 1.52 4.13 2.72 4.04 4.09 2.90 4.19 5.19
Enterprise Value to EBITDA (EV/EBITDA)
0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Enterprise Value to EBIT (EV/EBIT)
0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Enterprise Value to NOPAT (EV/NOPAT)
0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Enterprise Value to Operating Cash Flow (EV/OCF)
0.00 0.00 0.00 0.00 121.52 67.31 0.00 53.97 73.20 74.87
Enterprise Value to Free Cash Flow (EV/FCFF)
0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Leverage & Solvency
- - - - - - - - - -
Debt to Equity
0.12 0.12 0.13 0.13 0.12 0.00 0.00 0.00 0.00 0.00
Long-Term Debt to Equity
0.00 0.00 0.13 0.13 0.12 0.00 0.00 0.00 0.00 0.00
Financial Leverage
-1.21 -1.10 -1.22 -1.29 -1.29 -1.31 -1.21 -1.38 -1.38 -1.43
Leverage Ratio
3.02 2.02 2.37 2.52 2.53 2.52 2.59 2.71 2.69 2.67
Compound Leverage Factor
3.00 2.00 2.38 2.51 2.50 2.45 2.55 2.70 2.64 2.64
Debt to Total Capital
10.36% 10.73% 11.14% 11.71% 11.00% 0.00% 0.00% 0.00% 0.00% 0.00%
Short-Term Debt to Total Capital
10.36% 10.73% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
Long-Term Debt to Total Capital
0.00% 0.00% 11.14% 11.71% 11.00% 0.00% 0.00% 0.00% 0.00% 0.00%
Preferred Equity to Total Capital
0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
Noncontrolling Interests to Total Capital
0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
Common Equity to Total Capital
89.64% 89.27% 88.86% 88.29% 89.00% 100.00% 100.00% 100.00% 100.00% 100.00%
Debt to EBITDA
-0.37 -0.45 -0.59 -0.83 -1.26 0.00 0.00 0.00 0.00 0.00
Net Debt to EBITDA
4.03 4.70 6.06 8.41 13.64 0.00 0.00 0.00 0.00 0.00
Long-Term Debt to EBITDA
0.00 0.00 -0.59 -0.83 -1.26 0.00 0.00 0.00 0.00 0.00
Debt to NOPAT
-0.27 -0.29 -0.32 -0.36 -0.40 0.00 0.00 0.00 0.00 0.00
Net Debt to NOPAT
2.89 2.97 3.28 3.61 4.29 0.00 0.00 0.00 0.00 0.00
Long-Term Debt to NOPAT
0.00 0.00 -0.32 -0.36 -0.40 0.00 0.00 0.00 0.00 0.00
Altman Z-Score
0.90 0.77 0.92 2.77 1.89 3.16 3.31 2.26 3.61 4.79
Noncontrolling Interest Sharing Ratio
150.18% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
Liquidity Ratios
- - - - - - - - - -
Current Ratio
1.82 1.84 2.05 1.95 1.98 1.78 1.75 1.64 1.59 1.58
Quick Ratio
1.63 1.62 1.80 1.72 1.75 1.54 1.48 1.41 1.38 1.34
Cash Flow Metrics
- - - - - - - - - -
Free Cash Flow to Firm (FCFF)
14 15 0.45 -3.71 0.07 4.17 -20 -2.78 -2.83 -2.89
Operating Cash Flow to CapEx
-676.13% -306.80% 161.53% 237.63% 265.87% 463.69% -2,408.44% 1,554.22% 469.24% 1,215.66%
Free Cash Flow to Firm to Interest Expense
36.40 33.59 0.95 -7.40 0.13 9.53 -61.55 -6.96 -6.99 -7.22
Operating Cash Flow to Interest Expense
-10.59 -6.52 3.26 3.20 6.51 8.54 -61.76 56.83 11.11 16.69
Operating Cash Flow Less CapEx to Interest Expense
-12.15 -8.64 1.24 1.85 4.06 6.70 -64.32 53.18 8.74 15.31
Efficiency Ratios
- - - - - - - - - -
Asset Turnover
0.89 0.72 0.69 0.74 0.77 0.83 0.90 0.95 0.97 1.05
Accounts Receivable Turnover
33.10 44.73 49.90 49.54 44.11 50.09 16.14 42.45 32.43 56.33
Inventory Turnover
0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Fixed Asset Turnover
7.59 8.06 13.20 14.38 15.34 16.47 17.68 18.80 20.51 22.25
Accounts Payable Turnover
13.73 13.57 12.54 11.73 12.96 12.13 13.36 9.53 9.27 8.69
Days Sales Outstanding (DSO)
11.03 8.16 7.31 7.37 8.27 7.29 22.62 8.60 11.25 6.48
Days Inventory Outstanding (DIO)
0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Days Payable Outstanding (DPO)
26.59 26.90 29.10 31.12 28.17 30.09 27.31 38.32 39.36 42.00
Cash Conversion Cycle (CCC)
-15.56 -18.74 -21.79 -23.75 -19.89 -22.80 -4.70 -29.72 -28.10 -35.52
Capital & Investment Metrics
- - - - - - - - - -
Invested Capital
-22 -20 -23 -26 -28 -30 -8.89 -29 -29 -32
Invested Capital Turnover
-12.66 -15.14 -7.57 -6.48 -6.58 -6.82 -11.24 -6.83 -6.89 -6.59
Increase / (Decrease) in Invested Capital
-22 -21 -6.41 -3.18 -5.68 -9.77 14 -3.70 -1.81 -2.28
Enterprise Value (EV)
220 197 225 640 442 688 728 542 821 1,059
Market Capitalization
328 300 328 741 551 797 810 642 919 1,159
Book Value per Share
$1.33 $1.27 $1.21 $1.13 $1.20 $1.14 $1.04 $0.98 $0.96 $0.92
Tangible Book Value per Share
$1.33 $1.27 $1.21 $1.13 $1.20 $1.14 $1.04 $0.98 $0.96 $0.92
Total Capital
97 93 90 85 91 79 73 70 69 67
Total Debt
10 10 10 10 10 0.00 0.00 0.00 0.00 0.00
Total Long-Term Debt
0.00 0.00 10 10 10 0.00 0.00 0.00 0.00 0.00
Net Debt
-108 -103 -103 -101 -108 -109 -82 -99 -98 -99
Capital Expenditures (CapEx)
0.60 0.93 0.95 0.68 1.25 0.81 0.82 1.46 0.96 0.55
Debt-free, Cash-free Net Working Capital (DFCFNWC)
-47 -43 -45 -48 -50 -52 -31 -52 -53 -55
Debt-free Net Working Capital (DFNWC)
72 71 67 63 69 57 51 47 46 44
Net Working Capital (NWC)
62 61 67 63 69 57 51 47 46 44
Net Nonoperating Expense (NNE)
3.52 2.44 1.90 2.10 1.53 1.44 1.49 2.07 1.24 1.55
Net Nonoperating Obligations (NNO)
-108 -103 -103 -101 -108 -109 -82 -99 -98 -99
Total Depreciation and Amortization (D&A)
6.90 6.53 6.27 6.31 6.22 6.53 6.67 6.72 6.54 6.82
Debt-free, Cash-free Net Working Capital to Revenue
-34.37% -30.02% -30.54% -30.75% -30.66% -30.46% -17.39% -27.80% -26.85% -26.92%
Debt-free Net Working Capital to Revenue
52.49% 49.73% 45.34% 40.74% 42.24% 33.39% 28.84% 25.16% 23.27% 21.59%
Net Working Capital to Revenue
45.15% 42.69% 45.34% 40.74% 42.24% 33.39% 28.84% 25.16% 23.27% 21.59%
Earnings Adjustments
- - - - - - - - - -
Adjusted Basic Earnings per Share
($0.18) ($0.14) ($0.12) ($0.13) ($0.10) ($0.11) ($0.10) ($0.12) ($0.08) ($0.10)
Adjusted Weighted Average Basic Shares Outstanding
65.14M 65.08M 65.95M 66.85M 68.21M 67.69M 70.45M 71.29M 72.01M 71.66M
Adjusted Diluted Earnings per Share
($0.18) ($0.14) ($0.12) ($0.13) ($0.10) ($0.11) ($0.10) ($0.12) ($0.08) ($0.10)
Adjusted Weighted Average Diluted Shares Outstanding
65.14M 65.08M 65.95M 66.85M 68.21M 67.69M 70.45M 71.29M 72.01M 71.66M
Adjusted Basic & Diluted Earnings per Share
$0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00
Adjusted Weighted Average Basic & Diluted Shares Outstanding
65.58M 66.01M 66.72M 67.55M 69.47M 70.56M 71.12M 71.81M 72.77M 73.90M
Normalized Net Operating Profit after Tax (NOPAT)
-8.30 -6.82 -5.96 -6.88 -5.62 -5.60 -5.71 -6.48 -4.64 -5.16
Normalized NOPAT Margin
-22.91% -18.10% -15.07% -16.52% -12.90% -12.25% -12.10% -12.81% -8.86% -9.53%
Pre Tax Income Margin
-32.53% -24.53% -19.81% -21.45% -16.23% -15.16% -15.24% -16.81% -11.12% -12.27%
Debt Service Ratios
- - - - - - - - - -
EBIT to Interest Expense
-31.25 -21.48 -16.53 -17.89 -13.96 -16.27 -22.85 -21.39 -14.66 -16.81
NOPAT to Interest Expense
-21.84 -15.65 -12.63 -13.74 -10.97 -12.77 -17.90 -16.24 -11.46 -12.90
EBIT Less CapEx to Interest Expense
-32.82 -23.61 -18.55 -19.24 -16.41 -18.12 -25.42 -25.05 -17.03 -18.18
NOPAT Less CapEx to Interest Expense
-23.41 -17.77 -14.65 -15.09 -13.42 -14.62 -20.46 -19.89 -13.83 -14.28
Payout Ratios
- - - - - - - - - -
Dividend Payout Ratio
0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
Augmented Payout Ratio
-6.15% -1.35% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%

Financials Breakdown Chart

Key Financial Trends

Weave Communications’ latest quarter shows improving revenue growth and solid cash generation, but the company is still losing money and spending heavily to support growth. In Q4 2024, revenue rose to $54.2 million from $52.4 million in Q3 2024 and $45.7 million in Q4 2023, while operating losses remain significant. The business also ended the quarter with a positive net increase in cash, helped by operating cash flow and investment activity.

Here are the key trends investors should note:

  • Revenue continued to grow year over year, rising to $54.2 million in Q4 2024 from $45.7 million in Q4 2023.
  • Gross profit improved to $39.0 million in Q4 2024, up from $31.6 million a year earlier, showing strong top-line leverage.
  • Operating cash flow was positive at $6.7 million in Q4 2024, versus $3.7 million in Q4 2023 and a loss in Q1 2024.
  • The company ended Q4 2024 with a net cash increase of $493,000, despite financing outflows.
  • Weave still holds a sizable liquidity position, with cash and short-term investments totaling roughly $98.2 million at the end of Q3 2024.
  • Interest and other income helped offset some operating pressure, with total other income of $729,000 in Q4 2024.
  • Capital spending remains modest, with Q4 2024 purchases of property and equipment at just $549,000.
  • The company posted a Q4 2024 net loss of $6.7 million, only a slight improvement from a $7.0 million loss in Q4 2023.
  • Operating income remained deeply negative at $(7.4) million in Q4 2024, reflecting heavy operating expenses.
  • Marketing expense was especially large at $21.9 million in Q4 2024, and combined operating expenses exceeded gross profit.

Looking at the broader pattern over the last four quarters, revenue has steadily improved: Q1 2024 revenue was $47.2 million, Q2 was $50.6 million, Q3 was $52.4 million, and Q4 reached $54.2 million. That’s a healthy sequential trend that suggests continued customer demand.

Profitability, however, remains the main issue. Weave has posted losses in every quarter shown, with quarterly net losses ranging from about $5.9 million to $8.6 million in 2024, and similar losses in 2023. While gross profit has improved, operating expenses—especially marketing and R&D—have kept the company unprofitable.

Balance sheet trends are mixed but still manageable. Total equity fell from $73.4 million in Q1 2024 to $68.8 million by Q3 2024, while total liabilities remained elevated at $123.2 million. Deferred revenue and a large cash/investment balance support near-term stability, but shareholders should watch whether losses continue to erode equity over time.

Bottom line: Weave Communications is showing encouraging revenue growth and positive operating cash flow, but it has yet to translate that growth into profitability. For investors, the stock’s outlook likely depends on whether management can keep growing revenue while bringing operating expenses under control.

06/06/26 11:59 PM ETAI Generated. May Contain Errors.

Weave Communications Financials - Frequently Asked Questions

According to the most recent income statement we have on file, Weave Communications' financial year ends in December. Their financial year 2024 ended on December 31, 2024.

Weave Communications' net income appears to be on a downward trend, with a most recent value of -$28.35 million in 2024, falling from -$49.74 million in 2022. The previous period was -$31.03 million in 2023. See Weave Communications' forecast for analyst expectations on what's next for the company.

Weave Communications' total operating income in 2024 was -$31.41 million, based on the following breakdown:
  • Total Gross Profit: $145.88 million
  • Total Operating Expenses: $177.30 million

Over the last 2 years, Weave Communications' total revenue changed from $142.12 million in 2022 to $204.31 million in 2024, a change of 43.8%.

Weave Communications' total liabilities were at $121.96 million at the end of 2024, a 0.1% decrease from 2023, and a 2.5% decrease since 2022.

In the past 2 years, Weave Communications' cash and equivalents has ranged from $50.76 million in 2023 to $62.00 million in 2022, and is currently $51.60 million as of their latest financial filing in 2024.

Over the last 2 years, Weave Communications' book value per share changed from 1.27 in 2022 to 0.92 in 2024, a change of -27.5%.



Financial statements for NYSE:WEAV last updated on 4/6/2025 by MarketBeat.com Staff. New filings and market data are monitored continuously.
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