Weave Q1 revenue $65.5M (+17.4% YoY); non-GAAP net income turns positive

Weave Communications, Inc.

2026-Q1 EPS reported -$0.07 revenue$65,500,000

GAAP net loss narrowed to $5.8M ($0.07/share) from $8.8M ($0.12/share) YoY.
Non-GAAP net income of $2.8M ($0.04/share) vs $0.5M loss a year ago.
Record quarterly customer location additions; over 50% use AI tools.
Q2 revenue guidance $67.2–$68.2M; full-year 2026 revenue $275–$278M.
GAAP gross margin 72.6% (+100 bps); non-GAAP gross margin 73.2% (+110 bps).

item 2.02 item 9.01

Key facts

Extracted from this filing and checked against the source text.

Earnings Releases SEC 8-K Item 2.02 confidence 0.98

Weave Communications, Inc. reported first quarter ended March 31, 2026 results: revenue 65.5 million, net income GAAP net loss was $5.8 million, Non-GAAP net income was $2.8 million, EPS GAAP net loss of $0.07 per share, Non-GAAP net income of $0.04 per share.

Period: first quarter ended March 31, 2026
Revenue: 65.5 million
Net income: GAAP net loss was $5.8 million, Non-GAAP net income was $2.8 million
EPS: GAAP net loss of $0.07 per share, Non-GAAP net income of $0.04 per share
Result: reported results

Exact text from the filing

Weave Announces First Quarter 2026 Financial Results • First quarter total revenue of $65.5 million, up 17.4% year over year

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Source: SEC EDGAR

accession 0001609151-26-000046

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