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Weave Communications (WEAV) investor relations material
Weave Communications Q3 2025 earnings summary
Complete event summary combining all related documents: earnings call transcript, report, and slide presentation.Q3 2025 earnings summary30 Oct, 2025
Executive summary
Achieved Q3 2025 revenue of $61.3 million, up 17.1% year-over-year, with accelerating growth, non-GAAP profitability, and strong free cash flow, driven by AI-powered automation and expansion in healthcare verticals.
Platform leverages over a decade of patient interaction data, automating millions of interactions monthly for over 35,000 customer locations and driving measurable ROI for SMB healthcare practices.
AI-powered solutions, including the acquisition of TrueLark, are accelerating front office automation, enhancing patient engagement and operational efficiency.
Specialty medical and mid-market segments are key growth drivers, with record results and expanding customer base.
Net loss for Q3 2025 was $8.7 million, reflecting higher operating expenses, while non-GAAP net income was $2.0 million.
Financial highlights
Q3 2025 revenue reached $61.3 million, up 17.1% year-over-year, with software and payments revenue at $58.8 million.
Non-GAAP gross margin was 73.0%, up 50 basis points year-over-year; GAAP gross margin was 72.3%.
Adjusted EBITDA for Q3 2025 was $2.7 million, with a margin of 4.3% of revenue.
Free cash flow for Q3 2025 was $5.0 million, with year-to-date free cash flow totaling $8.5 million and trailing twelve months at $14.6 million.
Ended Q3 2025 with $64.4 million in cash and equivalents, and no outstanding debt.
Outlook and guidance
Full year 2025 revenue guidance is $238–$239 million, with non-GAAP operating income projected at $3.3–$4.3 million.
Q4 2025 revenue expected in the range of $62.4–$63.4 million, with non-GAAP operating income of $1.5–$2.5 million.
Management expects continued revenue growth driven by new customer acquisition, expansion in healthcare verticals, and operational efficiency.
Minimum Adjusted EBITDA covenants set for future quarters, tightening through 2026.
Address the decline in revenue retention rates.
Why are onboarding and hardware margins negative?
TrueLark acquisition's financial contribution?
AI receptionist voice capabilities impact on ROI?
Specialty medical growth vs. retention trade-offs?
Payments: What workflows unlock next growth?
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Next Weave Communications earnings date
Q4 202526 Feb, 2026
Next Weave Communications earnings date
Q4 202526 Feb, 2026
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Frequently asked questions
Weave Communications Inc. Weave Communications Inc. provides a customer communication and engagement platform tailored for small and medium-sized businesses. Its software integrates communication tools such as texting, calling, email, and scheduling, along with customer relationship management features like payment processing and analytics. Weave serves industries including healthcare, veterinary, dental, and home services, helping businesses streamline interactions and enhance client experiences. The company is headquartered in Lehi, Utah, and its shares are listed on the NYSE.
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