Weave reported FY 2025 revenue of USD 239.0 million, up 17% year over year, with gross profit of USD 172.3 million and gross margin of 72%. Cost of revenue totaled USD 66.7 million. The company posted a net loss of USD 28.1 million and an operating loss of USD 30.6 million. Adjusted EBITDA was USD 8.1 million, while net cash provided by operating activities was USD 17.5 million and free cash flow was USD 12.9 million (5% free cash flow margin). By segment, subscription and payment processing revenue was USD 228.8 million with a 78% gross margin, while onboarding revenue was USD 3.5 million and phone hardware revenue was USD 6.8 million. Period-end locations were 39,625, and dollar-based net retention rate was 93% with gross retention rate of 89%. Business highlights for FY 2025 included the introduction of an AI-receptionist powered by TrueLark and the launch of Weave Insurance Eligibility. Weave also completed the acquisition of TrueLark in May 2025 and cited entry into the specialty medical vertical as its fastest-growing vertical. As of December 31, 2025, Weave had USD 55.0 million in cash and cash equivalents and USD 26.8 million in short-term investments, and said it had no outstanding balance on its USD 50.0 million SVB revolving line of credit.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Weave Communications Inc. published the original content used to generate this news brief via EDGAR, the Electronic Data Gathering, Analysis, and Retrieval system operated by the U.S. Securities and Exchange Commission (Ref. ID: 0001609151-26-000016), on March 05, 2026, and is solely responsible for the information contained therein.