Filing Flows › Weave Communications (WEAV) › Q2 2026
Weave Communications (WEAV) Q2 2026 earnings results (second quarter 2026)
10-Q filed Aug 6, 2026
Weave Communications (WEAV) reported revenue of $67.5M for the second quarter 2026 (Q2 2026), +16% from a year earlier and +3% from the quarter before. Operating margin was -6.5%, net loss $4.3M (6.3% of revenue).
Weave Communications, Q2 2026: revenue $67.5M (+16% year over year), operating margin -6.5%, net loss $4.3M, operating cash flow $10.2M. The chart follows the revenue to costs, profit and cash.
| Q2 2026 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $67.5M | +3% | +16% |
| Operating profit | −$4.4M | — | — |
| Net earnings | −$4.3M | — | — |
| Operating cash flow | $10.2M | — | +88% |
| Free cash flow | $8.7M | — | — |
What changed
Revenue was $67.5M in Q2 2026, up 16% year over year and up 3% from the previous quarter. Subscription and payment processing was the largest line at 96% of revenue. Subscription and payment processing added $8.6M year over year (up 15%), 95% of the total change. Onboarding declined 6%.
Gross margin was 72.0%, up 0.3 points from Q2 2025. Operating costs exceeded revenue by $4.4M, an operating margin of -6.5%. Operating expenses grew 2% against revenue growth of 16%. The quarter ended with a net loss of $4.3M, narrower than the previous quarter's $5.8M loss.
Operating cash flow was $10.2M (up 88% year over year). Non-cash charges added back $3.2M of depreciation and amortization and $7.0M of share-based compensation. Working capital and other items added $4.3M. After capitalized internal-use software costs ($906K) and purchases of property and equipment ($633K), free cash flow as the company reports it was $8.7M.
Questions
What was Weave Communications' revenue in the second quarter 2026?
Weave Communications (WEAV) reported revenue of $67.5M for the second quarter 2026 (Q2 2026), +16% from a year earlier and +3% from the quarter before.
Was Weave Communications profitable in the second quarter 2026?
Operating loss was $4.4M (-6.5% of revenue) and net loss $4.3M.