Weave Communications, Inc.
Income Statement
| Line Item | FY2026 | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 |
|---|---|---|---|---|---|---|---|---|
| Revenue | — | $239.0M | $204.3M | $170.5M | $142.1M | $115.9M | $79.9M | $45.7M |
| Cost of Revenue | — | $66.7M | $58.4M | $54.4M | $53.3M | $49.4M | $34.4M | $18.5M |
| Gross Profit | — | $172.3M | $145.9M | $116.1M | $88.8M | $66.5M | $45.4M | $27.2M |
| Gross Margin | — | 72.1% | 71.4% | 68.1% | 62.5% | 57.4% | 56.9% | 59.5% |
| Operating Expenses | ||||||||
| Research & Development | — | $44.5M | $40.2M | $34.0M | $30.7M | $27.0M | $20.0M | $14.4M |
| SG&A Expense | — | $55.8M | $52.5M | $45.7M | $42.5M | $31.6M | $25.8M | $13.0M |
| Operating Income | — | $-30.6M | $-31.4M | $-34.4M | $-49.7M | $-50.4M | $-39.6M | $-31.9M |
| Operating Margin | — | -12.8% | -15.4% | -20.2% | -35.0% | -43.5% | -49.5% | -69.8% |
| Interest Expense | — | — | $1.5M | $1.9M | $1.4M | $1.2M | $1.1M | $811.0K |
| Pretax Income | — | — | — | — | — | — | — | — |
| Income Tax Expense | — | $-924.0K | $189.0K | $260.0K | $104.0K | $60.0K | $0 | $0 |
| Net Income | — | $-28.1M | $-28.3M | $-31.0M | $-49.7M | $-51.7M | $-40.4M | $-32.1M |
| Net Margin | — | -11.7% | -13.9% | -18.2% | -35.0% | -44.6% | -50.6% | -70.1% |
| EPS (Basic) | — | $-0.37 | $-0.40 | $-0.46 | $-0.76 | $-0.87 | $-1.25 | $-1.10 |
| EPS (Diluted) | — | $-0.37 | $-0.40 | $-0.46 | $-0.76 | $-0.87 | $-1.25 | $-1.10 |
| Shares Outstanding (Basic) | 78.6M | 76.3M | 71.7M | 67.7M | 65.1M | 61.9M | 34.1M | 31.0M |
| Shares Outstanding (Diluted) | 78.6M | 76.3M | 71.7M | 67.7M | 65.1M | 61.9M | 34.1M | 31.0M |
| Dividends Per Share | — | — | — | — | — | — | — | — |