Weave Communications, Inc. (WEAV) saw its stock surge 7.96% in after-hours trading following the release of its third-quarter 2025 financial results, which exceeded analyst expectations and showcased strong growth.
The company reported total revenue of $61.342 million for Q3, representing a 17.1% year-over-year increase and beating the analyst consensus estimate of $60.672 million. Weave also achieved non-GAAP profitability, with a non-GAAP income from operations of $1.7 million, up from $1.4 million in the same period last year. The company's free cash flow improved significantly, reaching $5.0 million, an increase of $1.5 million from the prior year.
Investors were particularly encouraged by Weave's positive outlook. For the fourth quarter of 2025, the company projects total revenue between $62.4 million and $63.4 million, with non-GAAP income from operations between $1.5 million and $2.5 million. The full-year 2025 guidance includes total revenue between $238.0 million and $239.0 million, indicating continued growth momentum. CEO Brett White highlighted the company's progress in its product roadmap and its focus on AI-powered patient engagement and payment solutions for small and medium-sized healthcare practices, which likely contributed to investor optimism. The launch of new payment features, including surcharging and bulk payments, demonstrates Weave's commitment to addressing key customer needs and improving operational efficiency.