WEAV Q2 2024 Earnings — Weave Communications, Inc. Revenue & Financial Results | Market Cap Arena

WEAVWeave Communications, Inc.

$389M

Q2 2024 Earnings

Technology Software - Application

Income Statement

Revenue

$51M+21.4% YoY

Gross Profit

$36M71.4% margin

Operating Income

-$9M-18.3% margin

Net Income

-$9M-16.9% margin

EPS (Diluted)

$-0.12

QoQ Revenue Growth

+7.2%

Cash Flow

Operating Cash Flow

$23M

Free Cash Flow

$21M

Stock-Based Comp.

$8M

Balance Sheet

Total Assets

$191M

Total Liabilities

$121M

Stockholders' Equity

$70M

Cash & Equivalents

$52M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$51M	$42M	+21.4%
Gross Profit	$36M	$28M	+28.8%
Operating Income	-$9M	-$10M	+5.9%
Net Income	-$9M	-$9M	+4.8%

Revenue Segments

Subscription And Payment Processing

$49M98%

Onboarding

$943,0002%