Weave Communications, Inc. (WEAV) Stock

Weave Communications, Inc. (WEAV) is a Technology stock trading at $7.29 (as of 2026-08-21), with a market capitalization of $580.03M. Figures are sourced from first-party U.S. SEC EDGAR filings and market data.

Weave Communications, Inc. provides a customer communications and engagement software platform for businesses in the United States and Canada. Its offerings include phone, text, team messaging, mobile and email tools, along with features such as appointment requests, review management, and payment processing to support customer interactions.

Understand Weave Communications, Inc.: how it makes money

Weave Communications provides a customer communications and engagement software platform (including a smarter phone system, text messaging, and missed call text) for small and medium-sized businesses, and it generates revenue from Subscription and Payments Revenue.

WEAV's profit model is driven by how much revenue it can keep and expand per customer location, as reflected in Dollar-Based Net Revenue Retention Rate of 92%, with growth tied to adding Net New Customer Locations even while operating margin remains negative.

Business quality (Weak): The business shows strong gross margin and customer retention metrics, but profitability is currently negative, so investors should focus on whether retention and customer-location growth can translate into operating leverage.

Bull case

  • Strong unit economics at the gross level: Gross margin is 72.6% in the latest quarter.
  • Customer revenue retention is relatively strong: Dollar-Based Net Revenue Retention Rate is 92.0%.
  • Customer-location growth is positive: Net New Customer Locations are 3,995, with 39,625 Active Customer Locations.

Bear case

  • Operating losses: Operating margin is -9.2% in the latest quarter.
  • Retention is below 100%, implying value erosion over time: Dollar-Based Net Revenue Retention Rate is 92.0%, which indicates customers are not increasing enough to fully offset contraction or churn.
  • Profitability may not scale automatically: Even with 72.6% gross margin, the company is still not converting revenue into positive operating margin.
Valuation — source: SEC EDGAR (first-party)
Price$7.29
Market Cap$580.03M
Price / Book6.83
Price / Sales2.25
FCF Yield2.5%
Profitability & Growth — source: SEC EDGAR
Revenue (TTM)$239.02M
Net Margin-11.7%
Revenue Growth (YoY)15.5%
EPS Growth (YoY)-54.5%
FCF Growth (YoY)96.0%
Financial Health — source: SEC EDGAR
Altman Z-Score1.37 (distress)
Valuation vs Sector & Industry
Sector P/E (Technology)34.0
Industry P/E (Business Services)30.2
Smart-Money Activity — SEC Form 4 / 13F / Congressional disclosures
Top Institutional HolderVANGUARD GROUP INC ($44.38M)
Institutional Holders Tracked10
Company
SectorTechnology
IndustryBusiness Services
CEOBrett T. White
Employees854
CountryUS
IPO Date2021-11-11

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WEAV earnings history · WEAV institutional & insider holders · WEAV KPIs & operating metrics · WEAV financials · WEAV investor presentations & press releases · WEAV SEC filings · WEAV peers · Congress trades · Insider trades · Short interest · Stock screener

Data as of 2026-08-21.

Figures sourced from U.S. Securities and Exchange Commission (SEC EDGAR) filings and market data. Not personalized investment advice.