Filing Flows › Weave Communications (WEAV) › Q4 2025
Weave Communications (WEAV) Q4 2025 earnings results (fourth quarter 2025)
10-K filed Mar 5, 2026
Weave Communications (WEAV) reported revenue of $63.4M for the fourth quarter 2025 (Q4 2025), +17% from a year earlier and +3% from the quarter before. Operating margin was -3.4%, net loss $1.8M (2.9% of revenue).
Weave Communications, Q4 2025: revenue $63.4M (+17% year over year), operating margin -3.4%, net loss $1.8M, operating cash flow $6.2M. The chart follows the revenue to costs, profit and cash.
| Q4 2025 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $63.4M | +3% | +17% |
| Operating profit | −$2.2M | — | — |
| Net earnings | −$1.8M | — | — |
| Operating cash flow | $6.2M | +3% | -6% |
| Free cash flow | $4.4M | — | -28% |
What changed
Revenue was $63.4M in Q4 2025, up 17% year over year and up 3% from the previous quarter. Subscription and payment processing was the largest line at 96% of revenue.
Gross margin was 72.7%, up 0.6 points from Q4 2024. Operating costs exceeded revenue by $2.2M, an operating margin of -3.4%. Operating expenses grew 4% against revenue growth of 17%. The fastest-growing cost line was Sales & marketing (+26%). The quarter ended with a net loss of $1.8M, narrower than the previous quarter's $8.7M loss.
Operating cash flow was $6.2M (down 6% year over year). Non-cash charges added back $3.0M of depreciation and amortization and $4.0M of share-based compensation. Working capital and other items added $1.1M. After purchases of property and equipment ($1.1M) and capitalized internal-use software costs ($726K), free cash flow as the company reports it was $4.4M.
Questions
What was Weave Communications' revenue in the fourth quarter 2025?
Weave Communications (WEAV) reported revenue of $63.4M for the fourth quarter 2025 (Q4 2025), +17% from a year earlier and +3% from the quarter before.
Was Weave Communications profitable in the fourth quarter 2025?
Operating loss was $2.2M (-3.4% of revenue) and net loss $1.8M.