Similarweb (SMWB) Financial Statements & Analysis

Similarweb (SMWB) Income Statement

Similarweb reported revenue of $282.60M in fiscal 2025 (fiscal year ended Dec 31, 2025), up 13.1% from $249.91M a year earlier. Similarweb posted a net loss of $32.94M, compared with a net loss of $11.46M a year earlier. Gross margin was 79.5% and operating margin -8.3%. In the most recent quarter, Q2 fiscal 2026 (ended Jun 30, 2026), revenue was $77.19M, up 8.8% from the same quarter a year earlier.

Similarweb Income Statement Analysis

Values in millions USD

Income Statement Balance Sheet Cash Flow Ratios

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Similarweb Ltd. income statement - Annual data in millions USD
Breakdown	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020	FY 2019
Period ending	Dec 2025	Dec 2024	Dec 2023	Dec 2022	Dec 2021	Dec 2020	Dec 2019
Revenue & Gross Profit
Revenue	282.60	249.91	218.02	193.23	137.67	93.49	70.59
Cost of Revenue	57.80	54.81	47.09	53.27	31.75	21.42	20.51
Gross Profit	224.80	195.10	170.93	139.96	105.92	72.07	50.08
Operating Expenses
Research & Development	72.60	55.60	56.16	59.90	44.38	22.09	16.21
Selling, General & Administrative	175.76	149.17	143.58	167.91	127.65	69.66	49.98
Operating Expenses	248.36	204.76	199.74	227.82	172.02	91.74	66.19
Operating Income	-23.56	-9.66	-28.81	-87.86	-66.11	-19.67	-16.11
Other Income/Expense
Interest Income	0.00	0.13	0.94	4.42	0.00	0.00	0.00
Interest Expense	0.00	0.00	0.00	0.00	1.89	1.68	1.14
Other Income/Expense	-5.21	0.13	0.94	0.29	-1.89	-1.68	-1.14
Income
Income Before Tax	-28.77	-9.53	-27.87	-83.15	-68.00	-21.36	-17.25
Income Tax Expense	4.16	1.93	1.51	0.52	0.98	0.64	0.46
Net Income	-32.94	-11.46	-29.37	-83.66	-68.98	-22.00	-17.71
Net Income - Continuous Operations	-32.94	-11.46	-29.37	-83.66	-68.98	-22.00	-17.71
Net Income - Discontinued Operations	-	-	-	-	-	-	-
EBITDA	-19.79	-0.68	-19.84	-77.27	-62.94	-17.71	-14.34
EBIT	-23.56	-9.66	-28.81	-87.86	-66.11	-	-
Depreciation & Amortization	8.99	8.98	8.97	10.58	3.17	1.96	1.78
Earnings Per Share
Basic EPS	-	-	-	-1.00	-1.00	-	-1.00
Diluted EPS	-	-	-	-1.00	-1.00	-	-1.00
Basic Shares Outstanding	84.45	80.83	77.75	75.72	53.20	66.12	13.43
Diluted Shares Outstanding	84.82	80.83	77.75	75.72	53.20	66.12	13.43

Source: Company financial statements from annual and quarterly filings. Data as of Jun 30, 2026. Data sources and methodology

Frequently Asked Questions About Similarweb Financial Statements

What was Similarweb's revenue in fiscal 2025?

Similarweb reported revenue of $282.60M in fiscal 2025 (fiscal year ended Dec 31, 2025). That was up 13.1% from $249.91M a year earlier.

Is Similarweb profitable?

No. Similarweb reported a net loss of $32.94M in fiscal 2025. In fiscal 2024 it lost $11.46M.

What is Similarweb's operating margin?

Similarweb's operating income was −$23.56M on revenue of $282.60M in fiscal 2025, an operating margin of -8.3%, compared with -3.9% a year earlier.

What is net profit margin?

Net profit margin is net income divided by revenue. It shows how much of each dollar of sales a company keeps as profit after all costs, interest and taxes. Full definition