Similarweb Ltd. (SMWB) quarterly income statement — complete revenue, gross profit & net income history
| Metric | Q1'26 | Q4'25 | Q3'25 | Q2'25 | Q1'25 | Q4'24 | Q3'24 | Q2'24 | Q1'24 | Q4'23 | Q3'23 | Q2'23 | Q1'23 | Q4'22 | Q3'22 | Q2'22 | Q1'22 | Q4'21 | Q3'21 | Q2'21 |
|---|
| Sales/Revenue | 73.88M | 72.76M | 71.79M | 70.97M | 67.09M | 65.59M | 64.71M | 60.64M | 58.98M | 56.76M | 54.83M | 53.68M | 52.75M | 51.35M | 50.02M | 47.59M | 44.28M | 40.15M | 35.6M | 32.51M |
| Revenue Growth % | 10.12% | 10.93% | 10.94% | 17.03% | 13.74% | 15.56% | 18.01% | 12.96% | 11.81% | 10.53% | 9.62% | 12.81% | 19.13% | 27.88% | 40.52% | 46.39% | 50.55% | 50.73% | - | - |
| Cost of Goods Sold | 15.64M | 15.02M | 14.6M | 14.27M | 13.97M | 15.33M | 14.24M | 12.52M | 12.7M | 11.86M | 10.58M | 12.57M | 12.08M | 14.12M | 13.75M | 14M | 13.1M | 10.69M | 7.79M | 6.99M |
| COGS % of Revenue | 21.17% | 20.65% | 20.33% | 20.11% | 20.82% | 23.38% | 22.01% | 20.65% | 21.53% | 20.9% | 19.3% | 23.43% | 22.89% | 27.49% | 27.49% | 29.43% | 29.57% | 26.63% | 21.9% | 21.51% |
| Gross Profit | 58.23M | 57.73M | 57.19M | 56.7M | 53.12M | 50.26M | 50.46M | 48.12M | 46.29M | 44.9M | 44.25M | 41.11M | 40.67M | 37.23M | 36.27M | 33.58M | 31.18M | 29.46M | 27.8M | 25.51M |
| Gross Margin % | 78.83% | 79.35% | 79.67% | 79.89% | 79.18% | 76.62% | 77.99% | 79.35% | 78.47% | 79.1% | 80.7% | 76.57% | 77.11% | 72.51% | 72.51% | 70.57% | 70.43% | 73.37% | 78.1% | 78.49% |
| Gross Profit Growth % | 9.64% | 14.88% | 13.33% | 17.83% | 14.76% | 11.94% | 14.04% | 17.06% | 13.8% | 20.59% | 22% | 22.4% | 30.43% | 26.37% | 30.47% | 31.62% | 34.77% | 40.2% | - | - |
| Operating Expenses | 61.47M | 62.43M | 59.88M | 63.58M | 62.41M | 53.82M | 52.93M | 49.07M | 48.97M | 45.98M | 49.14M | 50.86M | 53.75M | 51.82M | 56.89M | 60.05M | 57.37M | 52.36M | 44.52M | 40.45M |
| OpEx % of Revenue | 83.21% | 85.81% | 83.42% | 89.59% | 93.03% | 82.05% | 81.8% | 80.93% | 83.03% | 81.02% | 89.61% | 94.75% | 101.9% | 100.93% | 113.73% | 126.19% | 129.55% | 130.42% | 125.08% | 124.42% |
| Selling, General & Admin | 42.69M | 48.8M | 41.42M | 45.26M | 44.4M | 38.46M | 38.47M | 36.26M | 35.43M | 32.27M | 34.94M | 36.96M | 39.4M | 42.21M | 41.73M | 43.99M | 42.65M | 38.09M | 33.1M | 30.75M |
| SG&A % of Revenue | 57.79% | 67.07% | 57.7% | 63.77% | 66.19% | 58.64% | 59.45% | 59.79% | 60.07% | 56.87% | 63.72% | 68.85% | 74.7% | 82.21% | 83.43% | 92.44% | 96.33% | 94.85% | 92.99% | 94.6% |
| Research & Development | 18.78M | 17.82M | 18.46M | 18.32M | 18M | 15.36M | 14.46M | 12.24M | 13.54M | 13.71M | 14.2M | 13.9M | 14.35M | 14.73M | 15.16M | 16.06M | 14.71M | 14.28M | 11.42M | 9.69M |
| R&D % of Revenue | 25.42% | 24.49% | 25.71% | 25.82% | 26.84% | 23.42% | 22.35% | 20.18% | 22.95% | 24.15% | 25.9% | 25.9% | 27.21% | 28.68% | 30.3% | 33.75% | 33.23% | 35.56% | 32.09% | 29.82% |
| Other Operating Expenses | 0 | -1000K | 0 | 0 | 0 | 0 | 0 | 575K | 0 | 0 | 0 | 0 | 0 | -1000K | 0 | 0 | 0 | 0 | 0 | 0 |
| Operating Income | -3.24M | -4.7M | -2.69M | -6.88M | -9.29M | -3.56M | -2.47M | -953K | -2.68M | -1.08M | -4.88M | -9.76M | -13.08M | -14.59M | -20.61M | -26.47M | -26.18M | -22.9M | -16.72M | -14.93M |
| Operating Margin % | -4.38% | -6.46% | -3.75% | -9.7% | -13.85% | -5.43% | -3.81% | -1.57% | -4.55% | -1.91% | -8.91% | -18.18% | -24.8% | -28.42% | -41.21% | -55.62% | -59.13% | -57.04% | -46.97% | -45.93% |
| Operating Income Growth % | 65.17% | -31.94% | -9.12% | -622.35% | -246.16% | -228.11% | 49.5% | 90.23% | 79.48% | 92.57% | 76.3% | 63.13% | 50.04% | 36.28% | -23.29% | -77.24% | -126.66% | -278.94% | - | - |
| EBITDA | -1.16M | -2.38M | -465K | -4.54M | -7.19M | -1.04M | 406K | 1.67M | -164K | 1.49M | -2.31M | -7.18M | -10.54M | -12.87M | -18.26M | -23.76M | -23.13M | -21.36M | -16.15M | -14.4M |
| EBITDA Margin % | -1.57% | -3.27% | -0.65% | -6.4% | -10.72% | -1.59% | 0.63% | 2.75% | -0.28% | 2.62% | -4.21% | -13.38% | -19.98% | -25.07% | -36.51% | -49.92% | -52.24% | -53.21% | -45.36% | -44.29% |
| EBITDA Growth % | 83.85% | -127.78% | -214.53% | -372.45% | -4285.98% | -170.3% | 117.58% | 123.19% | 98.44% | 111.54% | 87.36% | 69.76% | 54.44% | 39.75% | -13.09% | -65.01% | -109.7% | -283.97% | - | - |
| D&A (Non-Cash Add-back) | 2.07M | 2.32M | 2.23M | 2.35M | 2.1M | 2.52M | 2.87M | 2.62M | 2.52M | 2.57M | 2.58M | 2.57M | 2.54M | 1.72M | 2.35M | 2.71M | 3.05M | 1.54M | 573K | 535K |
| EBIT | -3.24M | -2.75M | -3.63M | -6.88M | -9.29M | -3.56M | -2.47M | -362K | -2.68M | -1.08M | -4.88M | -9.76M | -13.08M | -19.05M | -20.61M | -26.47M | -26.18M | -22.9M | -16.72M | -14.93M |
| Net Interest Income | -622K | -3.58M | -935K | -3.65M | 1.01M | -1.1M | -43K | 823K | 455K | -2.08M | 1.06M | 610K | 1.35M | -375K | -627K | 4.6M | 822K | -733K | -294K | -517K |
| Interest Income | 0 | 0 | 0 | 0 | 1.01M | 0 | 0 | 823K | 455K | 0 | 1.06M | 610K | 1.35M | 0 | 0 | 4.6M | 822K | 0 | 0 | 0 |
| Interest Expense | 622K | 3.58M | 935K | 3.65M | 0 | 1.1M | 43K | 0 | 0 | 2.08M | 0 | 0 | 0 | 375K | 627K | 0 | 0 | 733K | 294K | 517K |
| Other Income/Expense | -1.8M | -1.63M | -935K | -3.65M | 1.01M | -1.1M | -43K | 823K | 455K | -2.09M | 1.06M | 610K | 1.35M | -85K | -627K | 4.6M | 822K | -733K | -294K | -517K |
| Pretax Income | -5.04M | -6.33M | -3.63M | -10.53M | -8.28M | -4.66M | -2.51M | -130K | -2.23M | -3.17M | -3.82M | -9.15M | -11.72M | -14.68M | -21.24M | -21.86M | -25.36M | -23.64M | -17.02M | -15.45M |
| Pretax Margin % | -6.82% | -8.7% | -5.05% | -14.84% | -12.35% | -7.11% | -3.88% | -0.21% | -3.78% | -5.59% | -6.97% | -17.04% | -22.23% | -28.59% | -42.47% | -45.95% | -57.27% | -58.87% | -47.8% | -47.53% |
| Income Tax | 1.32M | 1.17M | 704K | 1.32M | 975K | 759K | 56K | 608K | 504K | 236K | 1.01M | 146K | 109K | 319K | -249K | 196K | 250K | 174K | 319K | 272K |
| Effective Tax Rate % | -26.18% | -18.44% | -19.41% | -12.49% | -11.77% | -16.28% | -2.23% | -467.69% | -22.61% | -7.44% | -26.52% | -1.6% | -0.93% | -2.17% | 1.17% | -0.9% | -0.99% | -0.74% | -1.87% | -1.76% |
| Net Income | -6.36M | -7.5M | -4.33M | -11.85M | -9.26M | -5.42M | -2.57M | -738K | -2.73M | -3.41M | -4.84M | -9.29M | -11.83M | -15M | -20.99M | -22.06M | -25.61M | -23.81M | -17.33M | -15.72M |
| Net Margin % | -8.61% | -10.3% | -6.03% | -16.7% | -13.8% | -8.26% | -3.97% | -1.22% | -4.63% | -6% | -8.82% | -17.31% | -22.43% | -29.21% | -41.97% | -46.36% | -57.83% | -59.3% | -48.7% | -48.36% |
| Net Income Growth % | 31.33% | -38.32% | -68.78% | -1505.56% | -238.79% | -59.04% | 46.96% | 92.06% | 76.91% | 77.28% | 76.95% | 57.88% | 53.79% | 37.01% | -21.11% | -40.33% | -111.4% | -232.63% | - | - |
| Net Income (Continuing) | -6.36M | -7.5M | -4.33M | -11.85M | -9.26M | -5.42M | -2.57M | -738K | -2.73M | -3.41M | -4.84M | -9.29M | -11.83M | -15M | -20.99M | -22.06M | -25.61M | -23.81M | -17.33M | -15.72M |
| Discontinued Operations | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Minority Interest | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| EPS (Diluted) | -0.07 | -0.09 | -0.05 | -0.14 | -0.11 | -0.07 | -0.03 | -0.01 | -0.03 | -0.04 | -0.06 | -0.12 | -0.15 | -0.20 | -0.28 | -0.29 | -0.34 | -0.32 | -0.23 | -0.21 |
| EPS Growth % | 33.73% | -31.21% | -60.44% | - | -219.77% | -52.07% | 48.95% | 92.33% | 77.07% | 78.3% | 77.89% | 58.62% | 55.88% | 37.5% | -21.74% | -38.1% | -112.5% | -190.91% | - | - |
| EPS (Basic) | -0.07 | -0.09 | -0.05 | -0.14 | -0.11 | -0.07 | -0.03 | -0.01 | -0.03 | -0.04 | -0.06 | -0.12 | -0.15 | -0.20 | -0.28 | -0.29 | -0.34 | -0.32 | -0.23 | -0.21 |
| Diluted Shares Outstanding | 87.28M | 86.61M | 85.48M | 84.04M | 83.14M | 82.07M | 81.28M | 80.57M | 79.36M | 78.44M | 78.12M | 77.58M | 76.86M | 76.2M | 75.98M | 75.66M | 75.04M | 74.69M | 74.51M | 74.4M |
| Basic Shares Outstanding | 87.28M | 86.61M | 85.48M | 84.04M | 83.14M | 82.07M | 81.28M | 80.57M | 79.36M | 78.44M | 78.12M | 77.58M | 76.86M | 76.2M | 75.98M | 75.66M | 75.04M | 74.69M | 74.51M | 74.4M |
| Dividend Payout Ratio | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |