Weave Communications Inc
NYSE:WEAV
Gross Margin
Weave Communications Inc
Gross Margin is the amount of money a company retains after incurring the direct costs associated with producing the goods it sells and the services it provides. The higher the gross margin, the more capital a company retains, which it can then use to pay other costs or satisfy debt obligations.
Gross Margin Across Competitors
| Country | Company | Market Cap |
Gross Margin |
||
|---|---|---|---|---|---|
| US |
|
Weave Communications Inc
NYSE:WEAV
|
763.7m USD |
71%
|
|
| US |
|
Ezenia! Inc
OTC:EZEN
|
567B USD |
62%
|
|
| DE |
|
SAP SE
XETRA:SAP
|
290.2B EUR |
74%
|
|
| US |
|
Palantir Technologies Inc
NYSE:PLTR
|
255.3B USD |
80%
|
|
| US |
|
Salesforce Inc
NYSE:CRM
|
253.4B USD |
77%
|
|
| US |
|
Intuit Inc
NASDAQ:INTU
|
172.3B USD |
79%
|
|
| US |
|
Adobe Inc
NASDAQ:ADBE
|
161.3B USD |
89%
|
|
| US |
N
|
NCR Corp
LSE:0K45
|
112.4B USD |
20%
|
|
| US |
|
Applovin Corp
NASDAQ:APP
|
95.9B USD |
75%
|
|
| US |
|
Microstrategy Inc
NASDAQ:MSTR
|
88.7B USD |
72%
|
|
| US |
|
Cadence Design Systems Inc
NASDAQ:CDNS
|
77.5B USD |
86%
|
Weave Communications Inc
Glance View
Nestled in the heart of the American tech landscape, Weave Communications Inc. emerged as a distinctive player in the small and medium-sized business (SMB) arena, offering an integrated communication and customer engagement platform. Founded in 2008, the company's mission has been to streamline the contact point between businesses and their clientele. At its core, Weave provides a cloud-based communication system that merges various channels—ranging from phone calls and messages to emails and appointment reminders—into one cohesive hub. This integrated approach not only enhances customer interactions but also boosts operational efficiency for businesses that often lack the resources for complex IT solutions. Weave's monetization strategy is hinged on a subscription-based model, capitalizing on a steady revenue stream while providing scalability options for businesses. Customers, primarily within the healthcare, dental, and veterinary sectors, pay a recurring fee for access to the platform, which allows Weave to continually refine and expand its features. The added value of analytics and innovative tools such as payment processing and VoIP services further cements Weave's position in meeting the unique needs of its clientele. By focusing on seamless communication solutions, Weave Communications Inc. has positioned itself as a vital partner for SMBs striving to enhance their customer engagement and overall business performance.
See Also
Gross Margin is the amount of money a company retains after incurring the direct costs associated with producing the goods it sells and the services it provides. The higher the gross margin, the more capital a company retains, which it can then use to pay other costs or satisfy debt obligations.
Based on Weave Communications Inc's most recent financial statements, the company has Gross Margin of 71.4%.
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