← SIMILARWEB LTD.
| Annual Trend | FY 2019 | FY 2020 | FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 | TTM | |
|---|---|---|---|---|---|---|---|---|---|
| Revenue | $70.6m |
$93.5m
+32.44%
|
$137.7m
+47.26%
|
$193.2m
+40.36%
|
$218.0m
+12.83%
|
$249.9m
+14.63%
|
$282.6m
+13.08%
|
$289.4m
+2.40%
|
|
| Cost of revenue | $20.5m |
$21.4m
+4.41%
|
$31.8m
+48.26%
|
$53.3m
+67.78%
|
$47.1m
-11.61%
|
$54.8m
+16.40%
|
$57.8m
+5.45%
|
$59.0m
+2.10%
|
|
| Gross profit | $50.1m |
$72.1m
+43.91%
|
$105.9m
+46.96%
|
$140.0m
+32.14%
|
$170.9m
+22.13%
|
$195.1m
+14.14%
|
$224.8m
+15.22%
|
$230.4m
+2.48%
|
|
| Research and development | $16.2m | $22.1m | $44.4m | $59.9m | $56.2m | $55.6m | $72.6m | $73.9m | |
| Sales and marketing | $38.9m | $53.7m | $93.8m | $122.6m | $101.2m | $105.5m | $123.7m | — | |
| General and administrative | $11.0m | $16.0m | $33.8m | $45.3m | $42.4m | $43.7m | $52.1m | $52.7m | |
| Total operating expenses | $66.2m | $91.7m | $172.0m | $227.8m | $199.7m | $204.8m | $248.4m | $249.1m | |
| Loss from operations | ($16.1m) |
($19.7m)
-22.11%
|
($66.1m)
-236.01%
|
($87.9m)
-32.90%
|
($28.8m)
+67.21%
|
($9.7m)
+66.45%
|
($23.6m)
-143.83%
|
— | |
| Change in unrealized gain (loss) on cash flow hedges | $496k | ($73k) | $84k | ($527k) | $1.2m | ($484k) | $612k | — | |
| Loss before income taxes | ($17.2m) | ($21.4m) | ($68.0m) | ($83.1m) | ($27.9m) | ($9.5m) | ($28.8m) | — | |
| Provision for income taxes | $458k | $640k | $981k | $516k | $1.5m | $1.9m | $4.2m | — | |
| Net loss | ($17.7m) | ($22.8m) | ($69.0m) | ($83.7m) | ($29.4m) | ($11.5m) | ($32.9m) | — | |
| Net loss per share, basic (in USD per share) | ($1) | ($2) | ($1) | ($1) | ($0) | ($0) | ($0) | — | |
| Net loss per share, diluted (in USD per share) | ($1) | ($2) | ($1) | ($1) | ($0) | ($0) | ($0) | — | |
| Weighted-average shares used in computing net loss per share, basic (in shares) | ($1) | ($2) | ($1) | ($1) | ($0) | ($0) | ($0) | — | |
| Weighted-average shares used in computing net loss per share, diluted (in shares) | ($1) | ($2) | ($1) | ($1) | ($0) | ($0) | ($0) | — | |
| Finance income (expenses), net | — | ($1.7m) | ($1.9m) | $4.4m | $941k | $134k | ($5.2m) | — | |
| Total other comprehensive income (loss), net of tax | $496k | ($73k) | $84k | ($527k) | $1.2m | ($484k) | $612k | — | |
| Total comprehensive loss | ($17.2m) | ($22.1m) | ($68.9m) | ($84.2m) | ($28.1m) | ($11.9m) | ($32.3m) | — |