Weave Communications, Inc.
Business
Weave Communications is an AI-powered patient communications, engagement, and payments platform purpose-built for small and medium-sized healthcare practices. The platform unifies voice, text, scheduling, payments, and AI-driven workflows across dental, optometry, veterinary, and specialty medical verticals. Weave operates as a cloud-based SaaS solution serving approximately 40,000 locations in the U.S. and Canada, distributing subscriptions through direct inside sales, channel partners, and industry events.
Summary from 10-K filed 2026-03-05
Financials
Consolidated Statement of Income
| Concept | Trend | FY 2025 2025-12-31 | FY 2024 2024-12-31 | FY 2023 2023-12-31 | FY 2022 2022-12-31 | FY 2021 2021-12-31 |
|---|---|---|---|---|---|---|
| Revenue | 239 | 204 | 170 | 142 | — | |
| Cost of revenue | 67 | 58 | 54 | 53 | 49 | |
| Gross profit | 172 | 146 | 116 | 89 | 66 | |
| Sales and marketing | 103 | 85 | 71 | 65 | 58 | |
| Research and development | 44 | 40 | 34 | 31 | 27 | |
| General and administrative | 56 | 52 | 46 | 42 | 32 | |
| Total operating expenses | 203 | 177 | 150 | 139 | 117 | |
| Loss from operations | −31 | −31 | −34 | −50 | −50 | |
| Interest income | 2 | 2 | 2 | 1 | 0 | |
| Interest expense | −2 | −2 | −2 | — | — | |
| Other income, net | 2 | 3 | 3 | 356,000 | −55,000 | |
| Loss before income taxes | −29 | −28 | −31 | −50 | −52 | |
| Income tax benefit (provision) | 924,000 | −189,000 | −260,000 | −104,000 | −60,000 | |
| Net loss | −28 | −28 | −31 | −50 | −52 | |
| Net loss per share attributable to common stockholders - basic (in dollars per share) | −0.37 | −0.4 | −0.46 | −0.76 | −2.6 | |
| Net loss per share attributable to common stockholders - diluted (in dollars per share) | −0.37 | −0.4 | −0.46 | −0.76 | −2.6 | |
| Weighted-average common shares outstanding - basic (in shares) | 76 | 72 | 68 | 65 | 21 | |
| Weighted-average common shares outstanding - diluted (in shares) | 76 | 72 | 68 | 65 | 21 | |
| Change in foreign currency translation, net of tax | 427,000 | −657,000 | 108,000 | — | — | |
| Net unrealized gain (loss) on investments, net of tax | 14,000 | −21,000 | 31,000 | — | — | |
| Total comprehensive loss | −28 | −29 | −31 | — | — |
Consolidated Balance Sheet
| Concept | Trend | FY 2025 2025-12-31 | FY 2024 2024-12-31 | FY 2023 2023-12-31 | FY 2022 2022-12-31 | FY 2021 2021-12-31 |
|---|---|---|---|---|---|---|
| Cash and cash equivalents | 55 | 52 | 51 | 62 | 136 | |
| Short-term investments | 27 | 48 | 58 | 51 | 0 | |
| Accounts receivable, net | 4 | 4 | 4 | 3 | 3 | |
| Deferred contract costs, net | 13 | 12 | 11 | 10 | 9 | |
| Prepaid expenses and other current assets | 6 | 6 | 7 | 6 | 6 | |
| Total current assets | 105 | 121 | 130 | 133 | 154 | |
| Property and equipment, net | 9 | 8 | 10 | 11 | 25 | |
| Operating lease right-of-use assets | 34 | 38 | 41 | 45 | — | |
| Finance lease right-of-use assets | 10 | 11 | 10 | 11 | — | |
| Deferred contract costs, net, less current portion | 11 | 9 | 9 | 8 | 8 | |
| Intangible assets, net | 7 | 0 | — | — | — | |
| Goodwill | 29 | 0 | — | — | — | |
| Other non-current assets | 2 | 2 | 1 | 843,000 | 663,000 | |
| TOTAL ASSETS | 208 | 189 | 201 | 208 | 187 | |
| Accounts payable | 7 | 8 | 5 | 4 | 4 | |
| Accrued and other current liabilities | 28 | 18 | — | — | — | |
| Deferred revenue | 38 | 40 | 39 | 34 | 30 | |
| Current portion of operating lease liabilities | 5 | 4 | 4 | 4 | — | |
| Current portion of finance lease liabilities | 7 | 7 | 7 | 7 | — | |
| Total current liabilities | 85 | 77 | 73 | 72 | 54 | |
| Other long-term liabilities | 200,000 | 0 | — | — | — | |
| Operating lease liabilities, less current portion | 35 | 39 | 43 | 47 | — | |
| Finance lease liabilities, less current portion | 6 | 6 | 6 | 6 | — | |
| Total liabilities | 126 | 122 | 122 | 125 | 75 | |
| COMMITMENTS AND CONTINGENCIES (Note 10) | — | — | — | — | — | |
| Preferred stock, $0.00001 par value per share; 10,000,000 shares authorized, zero shares issued and outstanding as of December 31, 2025 and 2024 | 0 | 0 | 0 | 0 | 0 | |
| Common stock, $0.00001 par value per share; 500,000,000 shares authorized as of December 31, 2025 and 2024, respectively, 78,353,381 and 73,225,253 shares issued and outstanding as of December 31, 2025 and 2024, respectively | 0 | 0 | 0 | 0 | 0 | |
| Additional paid-in capital | 402 | 359 | 342 | 315 | 294 | |
| Accumulated deficit | −319 | −291 | −263 | −232 | −182 | |
| Accumulated other comprehensive loss | −127,000 | −568,000 | 110,000 | −29,000 | −31,000 | |
| Total stockholders' equity | 82 | 67 | 79 | 83 | 112 | |
| TOTAL LIABILITIES AND STOCKHOLDERS' EQUITY | 208 | 189 | 201 | 208 | 187 |
Consolidated Statement of Cash Flows
| Concept | Trend | FY 2025 2025-12-31 | FY 2024 2024-12-31 | FY 2023 2023-12-31 | FY 2022 2022-12-31 | FY 2021 2021-12-31 |
|---|---|---|---|---|---|---|
| Depreciation and amortization | 12 | 12 | 12 | 13 | 12 | |
| Amortization of operating right-of-use assets | 4 | 4 | 4 | 4 | 0 | |
| Amortization of intangible assets | 900,000 | 0 | 0 | — | — | |
| Provision for credit losses | 1 | 2 | 1 | 729,000 | 400,000 | |
| Amortization of deferred contract costs | 15 | 13 | 12 | 11 | 9 | |
| Loss on disposal of assets | 8,000 | 1,000 | 16,000 | 4,000 | 0 | |
| Stock-based compensation, net of amount capitalized | 32 | 32 | 23 | 19 | 14 | |
| Net accretion of discounts on short-term investments | −902,000 | −2 | −3 | −413,000 | 0 | |
| Accounts receivable | −2 | −2 | −1 | −966,000 | −870,000 | |
| Deferred contract costs | −18 | −15 | −13 | −12 | −13 | |
| Prepaid expenses and other assets | 2 | 373,000 | −680,000 | −93,000 | −4 | |
| Accounts payable | −1 | 3 | 1 | −330,000 | 583,000 | |
| Accrued liabilities | 7 | −941,000 | 5 | 2 | 2 | |
| Operating lease liabilities | −4 | −4 | −4 | −3 | — | |
| Deferred revenue | −2 | 480,000 | 5 | 5 | 7 | |
| Net cash provided by operating activities | 18 | 14 | 10 | −13 | −20 | |
| Maturities of short-term investments | 58 | 66 | 62 | 0 | 0 | |
| Purchases of short-term investments | −37 | −54 | −66 | −51 | 0 | |
| Purchases of property and equipment | −2 | −2 | −2 | −2 | −7 | |
| Capitalized internal-use software costs | −2 | −2 | −2 | −1 | −2 | |
| Business acquisitions, net of cash acquired | −24 | 0 | 0 | — | — | |
| Net cash provided by (used in) investing activities | −7 | 9 | −8 | −54 | −10 | |
| Principal payments on line of credit | 0 | 0 | −10 | 0 | 0 | |
| Principal payments on finance leases | −7 | −7 | −8 | −9 | −8 | |
| Proceeds from stock option exercises | 754,000 | 2 | 13 | 1 | 4 | |
| Payments for taxes related to net share settlement of equity awards | −3 | −19 | −10 | 0 | 0 | |
| Stock issuance costs | −26,000 | 0 | 0 | −671,000 | −3 | |
| Proceeds from the employee stock purchase plan | 2 | 2 | 1 | 858,000 | 0 | |
| Net cash used in financing activities | −7 | −22 | −14 | −7 | 110 | |
| NET INCREASE (DECREASE) IN CASH AND CASH EQUIVALENTS | 3 | 840,000 | −11 | −74 | 80 | |
| Cash paid during the period for interest | 2 | 2 | 2 | 1 | 1 | |
| Cash paid during the period for income taxes | 496,000 | 189,000 | 260,000 | 104,000 | 0 | |
| Equipment purchases financed with accounts payable | 28,000 | 28,000 | 52,000 | 13,000 | 78,000 | |
| Finance lease liabilities arising from obtaining finance lease right-of-use assets | 7 | 7 | 7 | 7 | — | |
| Operating lease liabilities arising from obtaining operating lease right-of-use assets | 304,000 | 149,000 | 154,000 | 309,000 | 0 | |
| Unrealized gain (loss) on short-term investments | 14,000 | −21,000 | 31,000 | 12,000 | 0 | |
| Stock-based compensation included in capitalized software development costs | 396,000 | 34,000 | 0 | 0 | — | |
| Equity issued as consideration in business combinations | 10 | 0 | 0 | — | — | |
| Consideration withheld for indemnification liabilities related to business combinations | 2 | 0 | 0 | — | — |
Filings
Material Events
Insiders
Institutional Holders
Frequently asked questions
What is Weave Communications, Inc.'s CIK number?
Weave Communications, Inc.'s SEC CIK number is 0001609151 (1609151). The CIK (Central Index Key) is the permanent identifier the SEC assigns to every EDGAR filer — unlike a ticker symbol, it never changes.
Where can I find Weave Communications, Inc.'s SEC filings?
All of Weave Communications, Inc.'s EDGAR filings — 10-K annual reports, 10-Q quarterly reports, 8-K material events, and insider transactions — are listed on this page, sourced live from SEC EDGAR.
When did Weave Communications, Inc. last report earnings?
Weave Communications, Inc. (WEAV) most recently filed an earnings 8-K with the SEC on Apr 30, 2026, furnishing its results under Item 2.02 (Results of Operations and Financial Condition). The earnings press release is attached to that filing (accession 0001609151-26-000046). This is Weave Communications, Inc.'s most recent earnings filing of record — not a forecast of its next earnings date.
What is Weave Communications, Inc.'s most recent earnings 8-K?
Weave Communications, Inc.'s latest earnings 8-K (Item 2.02) was filed Apr 30, 2026 under accession 0001609151-26-000046. It carries the quarterly or annual earnings press release — the earliest official, SEC-filed version of the results.
View Weave Communications, Inc.'s latest earnings 8-K →
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