Filing Flows › Weave Communications (WEAV) › Q2 2025
Weave Communications (WEAV) Q2 2025 earnings results (second quarter 2025)
10-Q filed Aug 7, 2025
Weave Communications (WEAV) reported revenue of $58.5M for the second quarter 2025 (Q2 2025), +16% from a year earlier and +5% from the quarter before. Operating margin was -17.4%, net loss $8.7M (14.9% of revenue).
Weave Communications, Q2 2025: revenue $58.5M (+16% year over year), operating margin -17.4%, net loss $8.7M, operating cash flow $5.4M. The chart follows the revenue to costs, profit and cash.
| Q2 2025 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $58.5M | +5% | +16% |
| Operating profit | −$10.2M | — | — |
| Net earnings | −$8.7M | — | — |
| Operating cash flow | $5.4M | — | -76% |
| Free cash flow | $4.5M | — | -79% |
What changed
Revenue was $58.5M in Q2 2025, up 16% year over year and up 5% from the previous quarter. Subscription and payment processing was the largest line at 96% of revenue. Subscription and payment processing added $7.5M year over year (up 15%), 95% of the total change. Onboarding declined 12%.
Gross margin was 71.7%, up 0.3 points from a year earlier. Operating costs exceeded revenue by $10.2M, an operating margin of -17.4%. Operating expenses grew 15% against revenue growth of 16%. The fastest-growing cost line was Research & development (+20%). The quarter ended with a net loss of $8.7M, narrower than the previous quarter's $8.8M loss.
Operating cash flow was $5.4M (down 76% year over year). Non-cash charges added back $2.9M of depreciation and amortization and $9.3M of share-based compensation. Working capital and other items added $2.0M. After purchases of property and equipment ($544K) and capitalized internal-use software costs ($423K), free cash flow as the company reports it was $4.5M.
Questions
What was Weave Communications' revenue in the second quarter 2025?
Weave Communications (WEAV) reported revenue of $58.5M for the second quarter 2025 (Q2 2025), +16% from a year earlier and +5% from the quarter before.
Was Weave Communications profitable in the second quarter 2025?
Operating loss was $10.2M (-17.4% of revenue) and net loss $8.7M.