Weave Communications, Inc.
Rank #15StartupWEAV · NYSE · Healthcare
Weave Communications, Inc. (WEAV) — Rank #15 by gross profitability (GP/assets 0.83) · ROE -33.0% · Piotroski F-Score N/A.
As-of 2026-09-15 · CIK 0001609151 · all metrics point-in-time as of the filing date.
About
Weave Communications, Inc. operates an AI-powered patient communications, engagement, and payments platform for small and medium-sized healthcare businesses.
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It offers AI-receptionist; Unified Phone Number; Customized Phone System, a smarter phone system to identify whether incoming calls are from new or current patients, provide information at every call, and manage heavy call times; Softphones to make and receive calls from anywhere with an internet connection; Text Messaging and SMS response assistant; Missed Call Text that allows practices to respond when a call is missed; Missed Text Auto-Reply that replies to patient text messages by automatically responding to messages received outside of a practice's normal operating hours; Team Chat, a group messaging solution; and Weave Mobile App. It also provides Weave Reviews and Respond Assistant to request, collect, monitor, and respond to reviews; Weave Email Marketing and Email Assistant to create professional emails; Text Connect to interact with their patients online directly through their websites; and Weave Payments, a payment processing solution. The company provides Weave Digital Forms to collect patient information; Online Scheduling that allows patients to request appointments from the practice's website, send automatic scheduling reminders, and personalize each reminder for the patient; Insurance Eligibility, an insurance tool; Insurance Verification; Practice Analytics that provides real-time data on patient retention, appointment scheduling, treatment acceptance rates, and revenue generation; Call Intelligence; and Weave Enterprise for multi-location healthcare practices comprising dental service organizations, vision, veterinary, and medical groups. The company was formerly known as Recall Solutions, LLC and changed its name to Weave Communications, Inc. in October 2015. Weave Communications, Inc.
was founded in 2008 and is headquartered in Lehi, Utah.
- Industry
- Health Information Services
- Sector
- Healthcare
- State
- DE
- Filer Category
- Emerging growth company
- Fiscal Year End
- December 31
- Website
- getweave.com
Price History
Company Snapshot
P/S is the primary valuation lens for pre-profit companies.
Market Cap
$587.19M
P/E (annual)
—
P/S (annual)
2.5
P/B
6.9
P/OCF (annual)
33.5
Shareholder Yield
-6.5%
Employees
904
Industry
Health Information Services
Exchange
NYSE
Signal Flags
Quality Profile
Profitability
1/1 passSafety
1/1 passCash Flow
3/3 passGrowth
1/2 passTerry Smith quality gate
Passes 1/5 Terry Smith thresholds2 of 5 thresholds not computable from filed data.
What Growth Is Priced In
Implied revenue growth (10Y)
16.1%
The annual FCF growth rate today's price requires over a 10-year horizon (discount rate 10%, terminal growth 2.5%).
Dilution drag: 6.5% — per-share value needs a total required return of 22.6% once share-count change is priced in.
vs. own 6-year median revenue growth: 19.9%
within its own historyCost-of-equity sensitivity (implied growth at different discount rates)
r = 8%
11.3%
r = 10% (base)
16.1%
r = 12%
20.2%
Net debt / market cap: -8.5%
Valuation History
Current multiple vs historical range at each filing date. Band spans 25th-75th percentile.
P / S
Price / revenue per share
P / B
Price / book value per share
P / GP
Price / gross profit per share
P / FCF
Price / free cash flow per share
Disclosure regression check
A previously-disclosed line item is no longer reported. Worth checking the filing for why.
Burn rate (cash flow) is the primary read at this stage — TAM and product-market fit aren't metrics this dashboard tracks.
Profitability
Gross profitability (GP / assets)
0.83
Primary signal (Novy-Marx).
100th pctl of 38 SIC 7372 peers
Return on equity
-33.0%
Gross margin
72.1%
54th pctl of 38 SIC 7372 peers
Revenue growth (YoY)
17.0%
Gross margin improving
Margin trend vs prior year.
Operating Leverage
| 2022 | 2023 | 2024 | 2025 | |
|---|---|---|---|---|
| Revenue vs COGS | ||||
| Revenue vs OpEx | ||||
| Op. Income vs Revenue |
Growth
Revenue CAGR (3Y)
18.9%
Revenue CAGR (5Y)
—
Earnings CAGR (3Y)
—
FCF CAGR (3Y)
—
Anti-fragile safety
Balance-sheet safety
Composite anti-fragile check.
Debt / equity
1.45
6th pctl of 33 SIC 7372 peers (best = lowest)
Current ratio
1.25×
14th pctl of 38 SIC 7372 peers
Quick ratio
0.62×
Net cash
$47.63M
Cash & equivalents minus total debt.
Cash-flow health
Free cash flow
$15.15M
Operating cash flow minus capex.
Positive free cash flow
FCF / net income
1.54
Cash-backing of earnings.
FCF/NI divergence
Unfavorable divergence (yellow flag).
Accruals healthy
Cash-backed earnings.
SBC / revenue
13.4%
Stock-based comp intensity.
Piotroski F-Score
F-Score
N/A
Only 8/9 components determinable.
Lifecycle Phase History
Lynch sell alert: Turnaround stalled
Classified startup for 2 consecutive fiscal years (2024-12-31, 2025-12-31) with no recovery to a healthier phase -- Lynch's turnaround rule: if it hasn't turned around by now, assume it isn't going to.