Similarweb Ltd. (SMWB)

Similarweb Income Statement

Financials in millions USD. Fiscal year is January - December.

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Jun 30, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Revenue	268.35	249.91	218.02	193.23	137.67	93.49
Revenue Growth (YoY)	16.06%	14.63%	12.83%	40.36%	47.26%	32.44%
Cost of Revenue	57.8	54.81	47.09	53.27	31.75	21.42
Gross Profit	210.55	195.1	170.93	139.96	105.92	72.07
Selling, General & Admin	164.61	149.17	143.58	167.91	127.45	69.66
Research & Development	65.18	55.6	56.16	59.9	44.38	22.09
Operating Expenses	229.8	204.76	199.74	227.82	171.83	91.74
Operating Income	-19.25	-9.66	-28.81	-87.86	-65.91	-19.67
Interest Expense	-3.65	-	-	-	-1.89	-1.7
Interest & Investment Income	-	0.27	0.82	4.75	-	-
Currency Exchange Gain (Loss)	-0.13	-0.13	0.13	-0.32	-0.01	0.02
Other Non Operating Income (Expenses)	-	-	-	0.29	-	-
EBT Excluding Unusual Items	-23.03	-9.53	-27.87	-83.15	-67.8	-21.36
Merger & Restructuring Charges	-2.95	-	-	-	-0.2	-
Pretax Income	-25.99	-9.53	-27.87	-83.15	-68	-21.36
Income Tax Expense	3.11	1.93	1.51	0.52	0.98	0.64
Net Income	-29.09	-11.46	-29.37	-83.66	-68.98	-22
Preferred Dividends & Other Adjustments	-	-	-	-	-	0.83
Net Income to Common	-29.09	-11.46	-29.37	-83.66	-68.98	-22.82
Shares Outstanding (Basic)	83	81	78	76	53	14
Shares Outstanding (Diluted)	83	81	78	76	53	14
Shares Change (YoY)	4.43%	3.95%	2.69%	42.32%	268.38%	7.56%
EPS (Basic)	-0.35	-0.14	-0.38	-1.10	-1.30	-1.58
EPS (Diluted)	-0.35	-0.14	-0.38	-1.10	-1.30	-1.58
Free Cash Flow	19.28	28.74	-4.6	-74.32	-29.94	-4.51
Free Cash Flow Per Share	0.23	0.36	-0.06	-0.98	-0.56	-0.31
Gross Margin	78.46%	78.07%	78.40%	72.43%	76.94%	77.09%
Operating Margin	-7.17%	-3.87%	-13.21%	-45.47%	-47.88%	-21.04%
Profit Margin	-10.84%	-4.58%	-13.47%	-43.30%	-50.10%	-24.41%
Free Cash Flow Margin	7.18%	11.50%	-2.11%	-38.46%	-21.75%	-4.82%
EBITDA	-10.96	-0.68	-19.84	-78.02	-63.61	-18.72
EBITDA Margin	-4.08%	-0.27%	-9.10%	-40.38%	-46.20%	-20.02%
D&A For EBITDA	8.29	8.98	8.97	9.84	2.3	0.96
EBIT	-19.25	-9.66	-28.81	-87.86	-65.91	-19.67
EBIT Margin	-7.17%	-3.87%	-13.21%	-45.47%	-47.88%	-21.04%
Advertising Expenses	-	4.42	2.13	3.79	8.69	1.09

Updated Aug 12, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.

SEC Filings: 10-K · 10-Q