WEAV (WEAV) financial statements
WEAV reported revenue of $239M in fiscal 2025, up 31.7% a year over 6 years.
Net income was -$28M and the operating margin -12.8%, against -69.8% in 2019.
Free cash flow was $13M.
The diluted share count rose 639% over the period (dilution).
Revenue and free cash flow
Fiscal years, $ billions.
Income statement
Fiscal years, from WEAV's 10-K filings with the SEC.
| Fiscal year | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|---|
| Revenue | $46M | $80M | $116M | $142M | $170M | $204M | $239M |
| Cost of revenue | $19M | $34M | $49M | $53M | $54M | $58M | $67M |
| Gross profit | $27M | $45M | $66M | $89M | $116M | $146M | $172M |
| Research and development | $14M | $20M | $27M | $31M | $34M | $40M | $44M |
| Selling, general and admin | $45M | $65M | $90M | $108M | $116M | $137M | $158M |
| Operating income | -$32M | -$40M | -$50M | -$50M | -$34M | -$31M | -$31M |
| Interest expense | $811,000 | $1M | $1M | $1M | $2M | $2M | $2M |
| Pre-tax income | -$32M | -$40M | -$52M | -$50M | -$31M | -$29M | -$30M |
| Income tax | $0 | $0 | $60,000 | $104,000 | $260,000 | $189,000 | -$924,000 |
| Net income | -$32M | -$40M | -$52M | -$50M | -$31M | -$28M | -$28M |
| EPS (diluted) | -$3.30 | -$3.75 | -$2.60 | -$0.76 | -$0.46 | -$0.40 | -$0.37 |
| Diluted shares | 10M | 11M | 21M | 65M | 68M | 72M | 76M |
| Gross margin | 59.5% | 56.9% | 57.4% | 62.5% | 68.1% | 71.4% | 72.1% |
| Operating margin | -69.8% | -49.5% | -43.5% | -35.0% | -20.2% | -15.4% | -12.8% |
| Net margin | -70.1% | -50.6% | -44.6% | -35.0% | -18.2% | -13.9% | -11.7% |
Balance sheet
Fiscal years, from WEAV's 10-K filings with the SEC.
| Fiscal year | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|---|
| Cash and short-term investments | $80M | $56M | $136M | $62M | $51M | $52M | $55M |
| Receivables | — | $3M | $3M | $3M | $4M | $4M | $4M |
| Total current assets | — | $68M | $154M | $133M | $130M | $121M | $105M |
| Property, plant and equipment | — | $18M | $25M | $11M | $10M | $8M | $9M |
| Goodwill | — | — | — | — | — | $0 | $29M |
| Total assets | — | $93M | $187M | $208M | $201M | $189M | $208M |
| Total current liabilities | — | $44M | $54M | $72M | $73M | $77M | $85M |
| Long-term debt | — | $4M | $10M | $0 | — | — | — |
| Total liabilities | — | $55M | $75M | $125M | $122M | $122M | $126M |
| Shareholders' equity | -$86M | -$114M | $112M | $83M | $79M | $67M | $82M |
| Net debt | -$80M | -$52M | -$126M | -$52M | -$51M | -$52M | -$55M |
Cash flow
Fiscal years, from WEAV's 10-K filings with the SEC.
| Fiscal year | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|---|
| Operating cash flow | -$22M | -$16M | -$20M | -$13M | $10M | $14M | $18M |
| Capital spending | $2M | $4M | $10M | $3M | $4M | $4M | $5M |
| Free cash flow | -$25M | -$19M | -$30M | -$16M | $7M | $10M | $13M |
| Stock-based compensation | $1M | $12M | $14M | $19M | $23M | $32M | $32M |
| Share buybacks (net) | -$1M | $0 | $0 | — | — | — | — |
| Free cash flow margin | -53.6% | -24.3% | -26.0% | -11.2% | 3.8% | 5.1% | 5.4% |
Every line, every quarterThe deep dive has fifteen-plus years of statements, quarterly results, charts and valuation models for WEAV.
Open WEAV in InvestinglyQuestions
What was WEAV's revenue in 2025?
$239M in fiscal 2025, from its 10-K filing.
How much free cash flow does WEAV generate?
$13M in fiscal 2025 (operating cash flow minus capital spending).
From WEAV's annual reports filed with the SEC (XBRL data), standardised by Investingly. Information only, not investment advice.