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Weave Communications WEAV Recurring Revenue — Total Revenue

Other product segments

Subscription and payment processing
$64.59M+15.3%
Phone hardware
$2.17M+33.0%
Onboarding
$782K-6.1%

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Other financials

Income statement

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Revenue$67.5M+15.5%
Gross profit$48.7M+16.0%
Operating income-$4.4M+56.9%
Net income-$4.3M+51.1%
EPS (diluted)-$0.05+54.5%

Balance sheet

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Cash & equivalents$10.3M-44.5%
Total debt$58.6M-4.9%
Total equity$85.0M+7.7%
Total assets$208.6M+2.1%

Cash flow

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Operating cash flow$10.2M+88.1%
CapEx$633.0K+16.4%
Free cash flow$9.6M+96.0%

Valuation

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Market cap$423.2M-25.3%
Enterprise value$471.53M-22.7%
P/S1.6×-0.9×

Profitability

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Gross margin72.4%+0.5pp
Operating margin-8.3%-2.6pp
Net margin-8%-2.3pp
FCF margin5.5%-1.0pp

Returns & leverage

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Return on equity-25.1%-6.9pp
Debt / equity0.7×-0.1×
Current ratio1.2×0.0×

Where this comes from

Reported directly by Weave Communications in its filing.

Tagged under the XBRL concept us-gaap:Revenues.

The source filing: Weave Communications’s 10-K, filed March 5, 2026.

Filed
Mar 5, 2026, 4:15 PM EST
Fiscal year
FY2025
Accession
0001609151-26-000016
Line itemYear Ended December 31, 2025Year Ended December 31, 2024Year Ended December 31, 2023
Subscription and payment processing$228,769$196,106$162,715
Phone Hardware (embedded lease)6,7924,6614,521
Total recurring revenue235,561200,767167,236
Onboarding3,4633,5473,232
Total onboarding revenue3,4633,5473,232
Total revenue$239,024$204,314$170,468

Item 8. Financial Statements and Supplementary Data

FAQ

What is Weave Communications's recurring revenue — total revenue?
Weave Communications (WEAV) reported recurring revenue — total revenue of $58.89M in Q4 2025.
How has Weave Communications's recurring revenue — total revenue changed year-over-year?
Weave Communications's recurring revenue — total revenue increased by 17.3% year-over-year, from $50.19M to $58.89M.
What is the long-term trend for Weave Communications's recurring revenue — total revenue?
Over 2 years (2023 to 2025), Weave Communications's recurring revenue — total revenue has grown at a 18.7% compound annual growth rate (CAGR), from $167.24M to $235.56M.
What does recurring revenue — total revenue mean?
This metric represents the total revenue generated specifically from the company's recurring subscription-based software platform and integrated service offerings. It serves as a primary indicator of the stability and predictability of the company's core business model. By isolating this segment, investors can assess the scale and growth trajectory of the recurring revenue stream relative to the company's overall financial performance.

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