Filing Flows › Weave Communications (WEAV) › Q1 2025
Weave Communications (WEAV) Q1 2025 earnings results (first quarter 2025)
10-Q filed May 9, 2025
Weave Communications (WEAV) reported revenue of $55.8M for the first quarter 2025 (Q1 2025), +18% from a year earlier and +3% from the quarter before. Operating margin was -16.7%, net loss $8.8M (15.8% of revenue).
Weave Communications, Q1 2025: revenue $55.8M (+18% year over year), operating margin -16.7%, net loss $8.8M, operating cash flow −$219K. The chart follows the revenue to costs, profit and cash.
| Q1 2025 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $55.8M | +3% | +18% |
| Operating profit | −$9.3M | — | — |
| Net earnings | −$8.8M | — | — |
| Operating cash flow | −$219K | -103% | — |
What changed
Revenue was $55.8M in Q1 2025, up 18% year over year and up 3% from the previous quarter.
Gross margin was 71.6%, up 1.6 points from a year earlier. Operating costs exceeded revenue by $9.3M, an operating margin of -16.7%. Operating expenses grew 20% against revenue growth of 18%. The fastest-growing cost line was General & admin (+23%). The quarter ended with a net loss of $8.8M, wider than the previous quarter's $6.7M loss.
Operating cash flow was −$219K. Non-cash charges added back $2.8M of depreciation and amortization and $9.0M of share-based compensation. Working capital and other items used $3.2M. Capital expenditures of $444K exceeded it, leaving free cash flow of −$663K.
Questions
What was Weave Communications' revenue in the first quarter 2025?
Weave Communications (WEAV) reported revenue of $55.8M for the first quarter 2025 (Q1 2025), +18% from a year earlier and +3% from the quarter before.
Was Weave Communications profitable in the first quarter 2025?
Operating loss was $9.3M (-16.7% of revenue) and net loss $8.8M.