WEAV Q3 2024 Earnings — Weave Communications, Inc. Revenue & Financial Results | Market Cap Arena

WEAVWeave Communications, Inc.

$389M

Q3 2024 Earnings

Technology Software - Application

Income Statement

Revenue

$52M+20.3% YoY

Gross Profit

$38M72.0% margin

Operating Income

-$7M-12.7% margin

Net Income

-$6M-11.2% margin

EPS (Diluted)

$-0.08

QoQ Revenue Growth

+3.6%

Cash Flow

Operating Cash Flow

$5M

Free Cash Flow

$4M

Stock-Based Comp.

$8M

Balance Sheet

Total Assets

$192M

Total Liabilities

$123M

Stockholders' Equity

$69M

Cash & Equivalents

$51M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$52M	$44M	+20.3%
Gross Profit	$38M	$30M	+26.0%
Operating Income	-$7M	-$8M	+17.4%
Net Income	-$6M	-$7M	+17.7%

Revenue Segments

Subscription And Payment Processing

$50M98%

Onboarding

$845,0002%