Weave Communications (WEAV) Revenue & Revenue Breakdown
Weave Communications Revenue Highlights
Latest Revenue (Y)
$170.47M
Latest Revenue (Q)
$50.59M
Main Segment (Y)
Subscription And Payment Processing
Weave Communications Revenue by Period
Weave Communications Revenue by Year
| Date | Revenue | Change |
|---|---|---|
| 2023-12-31 | $170.47M | 19.95% |
| 2022-12-31 | $142.12M | 22.65% |
| 2021-12-31 | $115.87M | 45.03% |
| 2020-12-31 | $79.90M | 74.65% |
| 2019-12-31 | $45.75M | - |
Weave Communications generated $170.47M in revenue during NA 2023, up 19.95% compared to the previous quarter, and up 0.00% compared to the same period a year ago.
Weave Communications Revenue by Quarter
| Date | Revenue | Change |
|---|---|---|
| 2024-06-30 | $50.59M | 7.24% |
| 2024-03-31 | $47.17M | 3.24% |
| 2023-12-31 | $45.69M | 4.93% |
| 2023-09-30 | $43.54M | 4.50% |
| 2023-06-30 | $41.67M | 5.31% |
| 2023-03-31 | $39.56M | 4.99% |
| 2022-12-31 | $37.69M | 4.02% |
| 2022-09-30 | $36.23M | 3.72% |
| 2022-06-30 | $34.93M | 4.98% |
| 2022-03-31 | $33.27M | 4.50% |
| 2021-12-31 | $31.84M | 5.08% |
| 2021-09-30 | $30.30M | 7.99% |
| 2021-06-30 | $28.06M | 9.32% |
| 2021-03-31 | $25.67M | 7.97% |
| 2020-12-31 | $23.77M | 11.15% |
| 2020-09-30 | $21.39M | 17.12% |
| 2020-06-30 | $18.26M | 5.14% |
| 2020-03-31 | $17.37M | - |
Weave Communications generated $50.59M in revenue during Q2 2024, up 7.24% compared to the previous quarter, and up 127.86% compared to the same period a year ago.
Weave Communications Revenue Breakdown
Weave Communications Revenue Breakdown by Product
Annual Revenue by Product
| Product/Service | Dec 23 | Dec 22 | Dec 21 |
|---|---|---|---|
| Subscription And Payment Processing | $162.72M | $136.59M | $108.84M |
| Onboarding | $3.23M | $1.29M | $3.69M |
| Product | $4.50M | $4.20M | $3.30M |
Weave Communications's latest annual revenue breakdown by segment (product or service), as of Dec 23: Subscription And Payment Processing (95.46%), Product (2.64%), and Onboarding (1.90%).
Quarterly Revenue by Product
| Product/Service | Mar 24 | Dec 23 | Sep 23 | Jun 23 | Mar 23 | Dec 22 | Sep 22 | Jun 22 | Mar 22 | Dec 21 | Sep 21 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Subscription And Payment Processing | $45.09M | $43.73M | $41.60M | $39.70M | $37.69M | $36.16M | $34.94M | $33.54M | $31.95M | $30.33M | $28.38M |
| Onboarding | $960.00K | $824.00K | $757.00K | $867.00K | $784.00K | $429.00K | $278.00K | $319.00K | $262.00K | $599.00K | $1.02M |
| Phone Hardware Lease | - | - | - | - | - | - | - | - | $1.06M | - | - |
| Product | - | - | - | - | - | - | - | - | - | $900.00K | $900.00K |
Weave Communications's latest quarterly revenue breakdown by segment (product or service), as of Mar 24: Subscription And Payment Processing (97.92%), and Onboarding (2.08%).
Weave Communications Peer Comparison by Revenue
| Ticker | Company | Last Year Revenue | Last Quarter Revenue |
|---|---|---|---|
| KC | Kingsoft Cloud | $7.05B | $1.78B |
| NICE | NICE | $2.38B | $659.31M |
| ENV | Envestnet | $1.25B | $348.27M |
| AYX | Alteryx | $970.00M | $351.00M |
| SMAR | Smartsheet | $958.34M | $262.98M |
| EGHT | 8x8 | $728.71M | $178.15M |
| FRSH | Freshworks | $596.43M | $174.13M |
| BRZE | Braze | $471.80M | $135.46M |
| EVBG | Everbridge | $448.79M | $111.43M |
| CWAN | Clearwater Analytics | $368.17M | $106.79M |
| SPT | Sprout Social | $333.64M | $99.40M |
| VTEX | VTEX | $201.52M | $52.65M |
| ENFN | Enfusion | $174.53M | $49.45M |
| MITK | Mitek Systems | $172.55M | $44.98M |
| WEAV | Weave Communications | $170.47M | $50.59M |
| ONTF | ON24 | $163.71M | $37.35M |
| EXFY | Expensify | $150.69M | $33.29M |
| LAW | CS Disco | $138.09M | $36.01M |
WEAV Revenue FAQ
What is Weave Communications’s yearly revenue?
Weave Communications's yearly revenue for 2023 was $170.47M, representing an increase of 19.95% compared to 2022. The company's yearly revenue for 2022 was $142.12M, representing an increase of 22.65% compared to 2021. WEAV's yearly revenue for 2021 was $115.87M, representing an increase of 45.03% compared to 2020.
What is Weave Communications’s quarterly revenue?
Weave Communications's quarterly revenue for Q2 2024 was $50.59M, a 7.24% increase from the previous quarter (Q1 2024), and a 21.41% increase year-over-year (Q2 2023). The company's quarterly revenue for Q1 2024 was $47.17M, a 3.24% increase from the previous quarter (Q4 2023), and a 19.23% increase year-over-year (Q1 2023). WEAV's quarterly revenue for Q4 2023 was $45.69M, a 4.93% increase from the previous quarter (Q3 2023), and a 21.25% increase year-over-year (Q4 2022).
What is Weave Communications’s revenue growth rate?
Weave Communications's revenue growth rate for the last 3 years (2021-2023) was 47.12%, and for the last 5 years (2019-2023) was 272.64%.
What are Weave Communications’s revenue streams?
Weave Communications's revenue streams in c 23 are Subscription And Payment Processing, Onboarding, and Product. Subscription And Payment Processing generated $162.72M in revenue, accounting 95.46% of the company's total revenue, up 19.12% year-over-year. Onboarding generated $3.23M in revenue, accounting 1.90% of the company's total revenue, up 150.93% year-over-year. Product generated $4.5M in revenue, accounting 2.64% of the company's total revenue, up 7.14% year-over-year.
What is Weave Communications’s main source of revenue?
For the fiscal year ending Dec 23, the largest source of revenue of Weave Communications was Subscription And Payment Processing. This segment made a revenue of $162.72M, representing 95.46% of the company's total revenue.