Weave Communications, Inc.
For the period ended Dec 31, 2025. Filed Mar 5, 2026.
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FY2025 · Filed Mar 5, 2026
WEAV$7.40+0.1%Stored close · as of Oct 23, 2026
Extracted filing text, with the paragraph anchors used by the comparison.
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Consolidated statements of operations
CONSOLIDATED STATEMENTS OF OPERATIONS AND COMPREHENSIVE LOSS
(in thousands, except share and per share data)
| Year Ended December 31, | |||
|---|---|---|---|
| 2025 | 2024 | 2023 | |
| Revenue | $239,024 | $204,314 | $170,468 |
| Cost of revenue | 66,716 | 58,432 | 54,377 |
| Gross profit | 172,308 | 145,882 | 116,091 |
| Operating expenses: | |||
| Sales and marketing | 102,703 | 84,612 | 70,765 |
| Research and development | 44,462 | 40,231 | 34,040 |
| General and administrative | 55,753 | 52,452 | 45,652 |
| Total operating expenses | 202,918 | 177,295 | 150,457 |
| Loss from operations | (30,610) | (31,413) | (34,366) |
| Other income (expense): | |||
| Interest income | 1,811 | 1,851 | 2,196 |
| Interest expense | (1,700) | (1,523) | (1,923) |
| Other income, net | 1,523 | 2,928 | 3,322 |
| Loss before income taxes | (28,976) | (28,157) | (30,771) |
| Income tax benefit (provision) | 924 | (189) | (260) |
| Net loss | $(28,052) | $(28,346) | $(31,031) |
| Net loss per share attributable to common stockholders - basic and diluted | $(0.37) | $(0.40) | $(0.46) |
| Weighted-average common shares outstanding - basic and diluted | 76,306,740 | 71,656,892 | 67,694,978 |
| Other comprehensive loss | |||
| Change in foreign currency translation, net of tax | 427 | (657) | 108 |
| Net unrealized gain (loss) on investments, net of tax | $14 | $(21) | $31 |
| Total comprehensive loss | $(27,611) | $(29,024) | $(30,892) |
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