SMWBNYSEServices-Computer Programming, Data Processing, Etc.US GAAP · USD

Similarweb Ltd

Similarweb Ltd. is a digital intelligence company that provides web and app data, analytics, and insights used to understand online traffic, competition, and market trends. Its software and data products are integrated into customer workflows and are used globally by organizations that need digital market visibility.

Revenue283m USD
+13.1 %y/y
Operating profit (EBIT)-23.6m USD
−143.8 %y/y
EBIT margin-8.3%
−4.5 ppy/y
Net income-32.9m USD
−187.5 %y/y
Free cash flow13.2m USD
−54.2 %y/y

Fiscal year 2025 · change from previous year

Development 2020–2025

-1000100200300m USD2020: 93 m USD2020: EBIT -20 m USD20202021: 138 m USD2021: EBIT -66 m USD20212022: 193 m USD2022: EBIT -88 m USD20222023: 218 m USD2023: EBIT -29 m USD20232024: 250 m USD2024: EBIT -9.7 m USD20242025: 283 m USD2025: EBIT -24 m USD2025283-24
RevenueOperating profit (EBIT)

Business

Share of revenue
Digital data and web analytics45 %

Core platform products that measure website and app traffic, behavior, and engagement.

Competitive intelligence25 %

Tools that help customers benchmark competitors and identify market opportunities.

Market research and insights15 %

Research outputs and dashboards used to understand categories, audiences, and trends.

Workflow-integrated software15 %

Products embedded into customer workflows for ongoing monitoring and decision support.

Customers

Customers are businesses that need digital market intelligence to guide strategy, sales, and marketing decisions. The platform is used to find opportunities, track competitive threats, improve customer acquisition, and support monetization decisions. Buyers typically include marketing, strategy, product, and research teams that rely on digital data for recurring decision-making.

Enterprise marketing teams

Buy analytics and audience tools to improve acquisition, channel strategy, and campaign optimization.

Strategy and competitive intelligence teams

Use market and competitor data to evaluate threats, opportunities, and positioning.

Sales and business development teams

Use digital signals to prioritize targets, prospect accounts, and identify buying intent.

Product and research teams

Use category, traffic, and audience insights to inform product development and market sizing.

Strategy

The company’s strategy centers on expanding the value of its proprietary digital data asset and embedding its products into customer workflows. It emphasizes helping customers act on market opportunities, defend against competitive threats, and improve customer acquisition and monetization. Durability comes from the breadth of its data coverage and the usefulness of the insights across many use cases and industries.

Expand workflow integrationMedium term

Products embedded in daily workflows are harder to replace and support recurring usage.

Broaden data-driven use casesMedium term

More use cases increase customer value and widen the addressable market.

Strengthen proprietary digital dataLong term

Differentiated data coverage underpins product quality and competitive positioning.

Geography

2025

Similarweb operates as a global software and data business, serving customers across multiple regions rather than depending on one domestic market. The company is headquartered in Israel, while its customer base and commercial footprint are international and geographically diverse. This broad reach matters because demand for digital intelligence is tied to online activity across many countries and industries.

United States58 %
Europe17 %
Asia Pacific13 %
United Kingdom9.3 %
Israel1.9 %

Share of the revenue the company reports by geography.

Risks

The business depends on the accuracy, breadth, and continued availability of digital data, so any weakness in data quality or access could reduce customer trust. It also competes in a market where software, data collection methods, and customer expectations evolve quickly, which can pressure product relevance and renewal behavior. Because customers use the platform for decision-making, reputation and methodological credibility are core risks.

Sorted by severity
LowMediumHighLowMediumHighImpact →Likelihood →Data quality and coverage risk1Competitive pressure2Methodology credibility risk3
Impact is the risk’s severity and likelihood how probable it is over the next few years, both assessed from the company’s reports. Numbers match the list.
  1. Data quality and coverage riskImpact: HighLikelihood: Medium

    The service depends on large-scale digital data collection and estimation methods.

    Exposure: Web and app analytics outputs

  2. Competitive pressureImpact: HighLikelihood: Medium

    Customers can switch to alternative analytics, research, or ad-tech intelligence tools.

    Exposure: Enterprise software subscriptions

  3. Methodology credibility riskImpact: MediumLikelihood: Medium

    Users rely on estimated metrics, so perceived inaccuracy can affect adoption and renewals.

    Exposure: Digital insights and reports

Accounting

Judgemental items
Revenue recognition timing

Subscription and analytics services may be recognized over time as access is provided.

Impact: Affects reported revenue timing and deferred revenue balances

Contract balances

Upfront billing or multi-period contracts can create deferred revenue and contract assets.

Impact: Impacts cash conversion and near-term revenue comparability

Capitalized software development

Technology companies often capitalize some development costs and amortize them later.

Impact: Affects operating expense timing and reported margins

Publicly listed companies with a comparable business focus.

Last updated: 28/09/2026

Similarweb Ltd (SMWB) Revenue, Earnings & Financials 2025 – Clarifo