Filing Flows › Weave Communications (WEAV) › Q3 2025
Weave Communications (WEAV) Q3 2025 earnings results (third quarter 2025)
10-Q filed Nov 6, 2025
Weave Communications (WEAV) reported revenue of $61.3M for the third quarter 2025 (Q3 2025), +17% from a year earlier and +5% from the quarter before. Operating margin was -14.6%, net loss $8.7M (14.1% of revenue).
Weave Communications, Q3 2025: revenue $61.3M (+17% year over year), operating margin -14.6%, net loss $8.7M, operating cash flow $6.1M. The chart follows the revenue to costs, profit and cash.
| Q3 2025 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $61.3M | +5% | +17% |
| Operating profit | −$8.9M | — | — |
| Net earnings | −$8.7M | — | — |
| Operating cash flow | $6.1M | +11% | +35% |
| Free cash flow | $5.0M | — | — |
What changed
Revenue was $61.3M in Q3 2025, up 17% 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 $8.4M year over year (up 17%), 94% of the total change. Onboarding declined 3%.
Gross margin was 72.3%, up 0.3 points from a year earlier. Operating costs exceeded revenue by $8.9M, an operating margin of -14.6%. Operating expenses grew 20% against revenue growth of 17%. The fastest-growing cost line was Research & development (+33%). The quarter ended with a net loss of $8.7M, narrower than the previous quarter's $8.7M loss.
Operating cash flow was $6.1M (up 35% year over year). Non-cash charges added back $2.9M of depreciation and amortization and $9.9M of share-based compensation. Working capital and other items added $1.9M. After capitalized internal-use software costs ($743K) and purchases of property and equipment ($279K), free cash flow as the company reports it was $5.0M.
Questions
What was Weave Communications' revenue in the third quarter 2025?
Weave Communications (WEAV) reported revenue of $61.3M for the third quarter 2025 (Q3 2025), +17% from a year earlier and +5% from the quarter before.
Was Weave Communications profitable in the third quarter 2025?
Operating loss was $8.9M (-14.6% of revenue) and net loss $8.7M.