Welcome to our dedicated page for Weave Communications news (Ticker: WEAV), a resource for investors and traders seeking the latest updates and insights on Weave Communications stock.
Weave Communications, Inc. reports developments for a vertical SaaS business that delivers AI-powered patient communications, engagement and payments software for small and medium-sized healthcare practices. Company updates commonly cover quarterly financial results, gross margin trends, embedded AI tools and platform enhancements for voice and text conversations, scheduling, insurance eligibility verification and payment collection.
News about Weave also includes healthcare and dental channel partnerships, customer-experience product releases, investor conference participation and board or shareholder-governance developments. These items reflect the company's focus on practice workflows, patient interaction management and subscription software for modern healthcare offices.
Weave (NYSE: WEAV) released its 2026 State of Healthcare Pulse Survey of 285 dental, specialty medical, optometry, and veterinary practice staff, highlighting administrative burdens and attitudes toward AI. Eighty percent report duplicate data entry affects workflows, and 63% spend at least an hour daily on manual data entry, with 32% spending two hours or more.
Seventy percent of practices lack an integrated software stack, and 64% faced staffing shortages in the past year. Among those that implemented automation in 2025, 61% saw improved patient communications, 41% better team productivity, and 39% reduced no-shows. While 41% have adopted some AI workflows and 33% are considering AI, 60% cite HIPAA and data privacy as top concerns.
Weave (NYSE: WEAV) entered into a definitive agreement to be acquired by Francisco Partners at an aggregate equity valuation of approximately $650 million. Weave stockholders will receive $7.40 per share in cash, a premium of about 34% to Weave’s unaffected closing price on August 17, 2026.
Upon closing, expected in the fourth quarter of 2026 subject to stockholder and regulatory approvals, Weave will cease trading on the NYSE and become a private company. The business will continue operating under the Weave name, maintaining its headquarters in Lehi, Utah and serving over 40,000 healthcare customer locations.
The Weave Board unanimously approved the transaction after a strategic review and recommends stockholders vote in favor. According to Weave, partnering with Francisco Partners is expected to accelerate investment in its AI-powered patient engagement and payments platform and deepen its payments and revenue cycle management capabilities.
Weave (NYSE: WEAV) reported second quarter 2026 revenue of $67.5 million, up 15.5% year over year from $58.5 million. GAAP gross margin was 72.0% and non-GAAP gross margin was 72.6%, both expanding 30 basis points year over year.
GAAP loss from operations narrowed to $4.4 million, while non-GAAP income from operations rose to $3.2 million. GAAP net loss was $4.3 million ($0.05 per share) versus $8.7 million; non-GAAP net income was $3.3 million ($0.04 per share) versus a $1.5 million non-GAAP net loss.
Operating cash flow reached $10.2 million and free cash flow was $8.7 million, both up meaningfully year over year. For Q3 2026, Weave guides revenue to $68.6–$69.6 million and non-GAAP operating income to $3.0–$4.0 million, and for full-year 2026 revenue to $273.0–$275.0 million with non-GAAP operating income of $12.0–$14.0 million.
Weave (NYSE: WEAV) announced it will release its second quarter 2026 financial results after U.S. markets close on Thursday, August 6, 2026. Company management will host a live audio webcast at 4:30 p.m. ET to discuss results and provide a business update, accessible via the Weave Investor Relations website, where a replay will also be available.
Weave (NYSE: WEAV) announced a new authorized integration with Elation Health, a clinical platform for independent primary care. The integration connects Weave’s AI-powered patient engagement and payments platform directly to Elation’s electronic health record (EHR), aiming to reduce manual workflows and improve operational efficiency for primary care practices.
According to Weave, the integration automatically syncs patient and appointment data between systems, eliminating manual CSV uploads and creating a connected operational layer for automated communication throughout the patient journey. The company cites a survey of dental practices showing that 80% of staff spend at least 30 minutes daily on manual data entry, with over a quarter spending two or more hours. Features enabled for joint Weave–Elation users include real-time caller identification (Call Pop), automated appointment reminders and two-way texting, automatic writing of appointment confirmations back into Elation, and automated review requests after completed visits.
Weave (NYSE: WEAV) announced new enterprise-focused enhancements to its AI-powered patient engagement and payments platform, aimed at improving security, scalability and automation for larger healthcare practices. The release adds single sign-on desktop authentication, expanded omnichannel AI Receptionist capabilities for calls and texts, and automated remote insurance collection and eligibility checks.
Practices can now configure AI behavior by hours and contact type, route escalations to staff, and track performance with new analytics. The platform also captures insurance information before appointments and writes verified data back to practice management systems, reducing manual front-office workload.
Weave (NYSE: WEAV), an AI-powered patient engagement and payments platform for healthcare practices, earned the 2026 USA TODAY Top Workplaces award.
The honor recognizes U.S. organizations with 150+ employees that foster people-first cultures, based on confidential employee surveys conducted by Energage.
Weave (NYSE: WEAV), an AI-powered patient engagement and payments platform, ranked No. 1 in G2's Summer 2026 Patient Relationship Management Grid, achieving the highest satisfaction score and largest market presence.
According to Weave and G2, top feature scores include secure communications at 96% and patient experience management at 95%.
Weave (NYSE: WEAV) joined the athenahealth Marketplace program with a new integration for athenaOne. The application links practice operations, patient engagement, and payments to address revenue leaks and workflow bottlenecks, offering automated follow-up texts, appointment reminders, two-way messaging, and integrated payment options tied to athenaOne billing.
Weave (NYSE: WEAV) launched an enterprise-grade Omnichannel AI Receptionist built on Google Cloud’s Gemini Enterprise Agent Platform for healthcare front offices.
The solution unifies voice and text, preserves context across channels, supports configurable routing, 24/7 coverage, AI-to-human escalation, and end-to-end conversation intelligence with transcription, sentiment analysis, and analytics to streamline patient interactions.