---
schema_version: "secwatch.filing_event.v1"
accession: "0001609151-22-000029"
form_type: "8-K"
ticker: "WEAV"
cik: "0001609151"
company_name: "Weave Communications, Inc."
filed_at: "2022-08-03T23:59:59+00:00"
generated_at: "2026-06-24T05:11:24.701270+00:00"
event_type: "earnings"
sentiment: "negative"
materiality_score: 0.85
calibrated_materiality_score: 0.85
confidence: "high"
source: SEC EDGAR
---

# Weave Q2 revenue $34.9M (+24% YoY); GAAP EPS -$0.23; CEO Roy Banks steps down, Brett White interim

## Summary
- Total revenue $34.9M, up 24% YoY from $28.1M.
- GAAP net loss $14.8M ($0.23/shr); Non-GAAP net loss $10.3M ($0.16/shr).
- Dollar-Based Net Retention Rate 102%; Gross Retention Rate 94% as of June 30.
- CEO Roy Banks stepping down for health reasons; President Brett White named Interim CEO effective Aug 15, 2022.
- Q3 revenue guidance $35-36M; Full year 2022 revenue guidance $141-143M.

## SEC filing metadata
- accession: 0001609151-22-000029
- form_type: 8-K
- ticker: WEAV
- cik: 0001609151
- company_name: Weave Communications, Inc.
- filed_at: 2022-08-03T23:59:59+00:00
- event_type: earnings
- sentiment: negative
- materiality_score: 0.85
- calibrated_materiality_score: 0.85
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1609151/000160915122000029/0001609151-22-000029-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1609151/000160915122000029/weav-20220803.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001609151-22-000029
- JSON: https://secwatch.observer/filing/0001609151-22-000029.json
- Plain text: https://secwatch.observer/filing/0001609151-22-000029.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.