NYSE : SMWB

Similarweb Ltd. — Financial statements

Technology · Software - Application · Israel

Last price 8.74 USD (Oct 30, 2026, 4:00 PM EDT) · Market cap 771.29M

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Financial statements

Similarweb Ltd. (SMWB) reported revenue of 295.61M USD (TTM). Five years of income statement, balance sheet, cash flow and ratios below.

Income statement

Fiscal year January - December; amounts in USD.

TTMFY2025FY2024FY2023FY2022FY2021
Revenue295.61M282.60M249.91M218.02M193.23M137.67M
Cost of Revenue59.66M57.80M54.81M47.09M53.27M31.75M
Gross Profit235.95M224.80M195.10M170.93M139.96M105.92M
Selling, General & Admin175.04M175.76M149.17M143.58M167.91M127.45M
Research & Development74.20M72.60M55.60M56.16M59.90M44.38M
Operating Expenses249.25M248.36M204.76M199.74M227.82M171.83M
Operating Income-13.30M-23.56M-9.66M-28.81M-87.86M-65.91M
Interest Expense-6.46M-5.28M-1.89M
Interest & Investment Income267.00K815.00K4.75M
Currency Exchange Gain (Loss)69.00K69.00K-133.00K126.00K-324.00K-6.00K
Other Non Operating Income (Expenses)290.00K
EBT Excluding Unusual Items-19.69M-28.77M-9.53M-27.87M-83.14M-67.80M
Merger & Restructuring Charges2.23M-197.00K
Pretax Income-17.45M-28.77M-9.53M-27.87M-83.14M-68.00M
Income Tax Expense4.33M4.16M1.93M1.51M516.00K981.00K
Net Income-21.78M-32.94M-11.46M-29.37M-83.66M-68.98M
Net Income to Common-21.78M-32.94M-11.46M-29.37M-83.66M-68.98M
Shares Outstanding (Basic)86.82M84.82M80.83M77.75M75.72M53.20M
Shares Outstanding (Diluted)86.82M84.82M80.83M77.75M75.72M53.20M
EPS (Basic)-0.25-0.39-0.14-0.38-1.10-1.30
EPS (Diluted)-0.25-0.39-0.14-0.38-1.10-1.30
Free Cash Flow14.86M13.15M28.74M-4.60M-74.32M-29.94M
Free Cash Flow Per Share0.170.150.36-0.06-0.98-0.56
Gross Margin79.82%79.55%78.07%78.40%72.43%76.94%
Operating Margin-4.50%-8.34%-3.87%-13.21%-45.47%-47.88%
Profit Margin-7.37%-11.65%-4.58%-13.47%-43.30%-50.10%
Free Cash Flow Margin5.03%4.66%11.50%-2.11%-38.46%-21.75%
EBITDA-6.15M-16.19M-682.00K-19.84M-78.02M-63.61M
EBITDA Margin-2.08%-5.73%-0.27%-9.10%-40.38%-46.20%
D&A For EBITDA7.15M7.38M8.98M8.97M9.84M2.30M
EBIT-13.30M-23.56M-9.66M-28.81M-87.86M-65.91M
EBIT Margin-4.50%-8.34%-3.87%-13.21%-45.47%-47.88%
Advertising Expenses8.29M4.42M2.12M3.79M8.69M

Balance sheet

Fiscal year January - December; amounts in USD.

TTMFY2025FY2024FY2023FY2022FY2021
Cash & Equivalents73.90M72.42M63.87M71.73M77.81M128.88M
Cash & Short-Term Investments73.90M72.42M63.87M71.73M77.81M128.88M
Accounts Receivable60.21M54.06M50.98M47.87M38.14M31.02M
Other Receivables940.00K722.00K1.42M1.05M1.03M
Receivables60.21M55.00M51.70M49.29M39.19M32.05M
Prepaid Expenses8.55M2.96M2.95M2.23M2.42M2.26M
Other Current Assets18.41M19.96M22.84M23.13M22.77M24.50M
Total Current Assets161.08M150.34M141.36M146.38M142.18M187.69M
Property, Plant & Equipment55.77M56.46M60.31M64.64M72.65M6.36M
Goodwill38.81M25.27M12.87M12.87M11.32M
Other Intangible Assets55.20M6.77M5.58M4.79M9.56M11.62M
Long-Term Deferred Charges10.07M8.18M9.89M9.85M8.35M9.21M
Other Long-Term Assets586.00K500.00K494.00K441.00K813.00K
Total Assets282.12M261.14M242.91M239.01M246.04M227.00M
Accounts Payable6.91M13.87M12.40M8.42M7.14M11.30M
Accrued Expenses22.16M52.44M46.19M41.28M39.70M37.64M
Short-Term Debt25.00M25.00M
Current Portion of Leases9.31M8.84M6.92M7.09M9.09M
Current Unearned Revenue139.91M112.17M108.23M99.97M93.19M76.68M
Other Current Liabilities34.68M9.24M3.44M2.42M6.80M8.53M
Total Current Liabilities212.96M196.56M177.19M184.19M180.93M134.15M
Long-Term Leases36.41M34.45M32.81M35.33M40.08M
Long-Term Unearned Revenue1.30M1.23M1.17M878.00K974.00K2.07M
Other Long-Term Liabilities8.68M5.57M4.23M3.07M2.11M5.86M
Total Liabilities259.35M237.82M215.40M223.47M224.09M142.09M
Common Stock244.00K240.00K227.00K216.00K210.00K205.00K
Additional Paid-In Capital429.36M419.58M391.45M367.56M345.83M324.61M
Retained Earnings-407.44M-397.49M-364.56M-353.10M-323.73M-240.06M
Comprehensive Income & Other609.00K1.00M388.00K872.00K-367.00K160.00K
Total Common Equity22.77M23.33M27.51M15.55M21.95M84.91M
Shareholders' Equity22.77M23.33M27.51M15.55M21.95M84.91M
Total Liabilities & Equity282.12M261.14M242.91M239.01M246.04M227.00M
Total Debt45.72M43.30M39.73M67.42M74.17M
Net Cash (Debt)28.18M29.12M24.14M4.31M3.64M128.88M
Net Cash Per Share0.320.340.300.060.052.42
Filing Date Shares Outstanding88.25M86.96M82.83M78.72M76.80M74.85M
Total Common Shares Outstanding88.25M86.96M82.62M78.65M76.43M74.85M
Working Capital-51.88M-46.22M-35.84M-37.80M-38.75M53.54M
Book Value Per Share0.260.270.330.200.291.13
Tangible Book Value-32.44M-22.25M-3.34M-2.10M-477.00K61.98M
Tangible Book Value Per Share-0.37-0.26-0.04-0.03-0.010.83
Machinery10.96M10.76M9.34M8.87M6.49M
Leasehold Improvements26.27M26.12M26.10M25.24M4.43M

Cash flow statement

Fiscal year January - December; amounts in USD.

TTMFY2025FY2024FY2023FY2022FY2021
Net Income-21.78M-32.94M-11.46M-29.37M-83.66M-68.98M
Depreciation & Amortization7.15M7.38M8.98M8.97M9.84M2.30M
Other Amortization1.61M1.61M1.55M1.29M749.00K864.00K
Loss (Gain) From Sale of Assets-7.00K-31.00K-12.00K-142.00K
Stock-Based Compensation18.43M21.24M17.61M18.13M16.99M11.17M
Other Operating Activities1.60M-257.00K603.00K1.59M1.09M-31.00K
Change in Accounts Receivable-16.96M-2.29M-2.13M-9.73M-6.88M-5.13M
Change in Accounts Payable-2.32M1.45M3.60M1.25M-4.28M6.63M
Change in Unearned Revenue24.74M2.73M6.43M6.68M15.05M24.38M
Change in Other Net Operating Assets3.67M15.75M5.00M-1.85M5.19M1.16M
Operating Cash Flow16.14M14.64M30.17M-3.04M-46.06M-27.62M
Capital Expenditures-1.27M-1.49M-1.43M-1.56M-28.26M-2.31M
Cash Acquisitions-6.62M-15.79M-15.41M-3.49M-9.51M
Sale (Purchase) of Intangibles-799.00K-163.00K-1.30M-821.00K-2.92M-802.00K
Investment in Securities30.00M
Other Investing Activities4.34M4.21M-552.00K-206.00K1.66M-10.02M
Investing Cash Flow-4.35M-13.23M-18.70M-2.59M-33.01M7.36M
Short-Term Debt Issued25.00M30.00M
Total Debt Issued25.00M30.00M
Short-Term Debt Repaid-25.00M-56.80M
Total Debt Repaid-25.00M-56.80M
Net Debt Issued (Repaid)-25.00M25.00M-26.80M
Issuance of Common Stock4.35M6.91M6.16M3.56M4.12M152.16M
Other Financing Activities-2.36M-112.00K
Financing Cash Flow4.35M6.91M-18.84M1.19M29.12M125.25M
Foreign Exchange Rate Adjustments-1.57M225.00K-500.00K-1.65M-1.11M-45.00K
Net Cash Flow14.56M8.55M-7.86M-6.08M-51.07M104.94M
Free Cash Flow14.86M13.15M28.74M-4.60M-74.32M-29.94M
Free Cash Flow Margin5.03%4.66%11.50%-2.11%-38.46%-21.75%
Free Cash Flow Per Share0.170.150.36-0.06-0.98-0.56
Levered Free Cash Flow29.07M27.57M34.71M2.97M-51.38M-3.01M
Unlevered Free Cash Flow33.11M30.87M34.71M2.97M-51.38M-1.83M
Cash Income Tax Paid4.03M1.85M1.17M1.88M485.00K468.00K
Change in Working Capital9.12M17.64M12.90M-3.64M9.07M27.05M

Ratios

Fiscal year January - December; amounts in USD.

TTMFY2025FY2024FY2023FY2022FY2021
Market Capitalization778.35M646.25M1.16B417.19M488.82M1.33B
Enterprise Value750.17M622.83M1.14B415.49M473.77M1.18B
Last Close Price8.747.4914.175.336.4317.91
Forward PE30.8643.9564.67114.13
PS Ratio2.612.294.631.912.539.70
PB Ratio33.8727.7042.0726.8322.2715.72
P/TBV Ratio21.54
P/FCF Ratio51.8949.1340.26
P/OCF Ratio47.8044.1338.35
EV/Sales Ratio2.512.204.551.912.458.54
EV/FCF Ratio50.0047.3539.59
Debt / Equity Ratio2.011.861.444.343.38
Debt / EBITDA Ratio10.446.48
Debt / FCF Ratio3.083.291.38
Net Debt / Equity Ratio-1.24-1.25-0.88-0.28-0.17-1.52
Net Debt / EBITDA Ratio4.581.8035.390.220.052.03
Net Debt / FCF Ratio-1.90-2.21-0.840.940.054.30
Asset Turnover1.121.121.040.900.820.83
Quick Ratio0.630.650.650.660.651.20
Current Ratio0.760.770.800.800.791.40
Return on Equity (ROE)-94.02%-129.58%-53.22%-156.66%-156.57%-182.33%
Return on Assets (ROA)-3.15%-5.84%-2.51%-7.42%-23.21%-24.92%
Return on Capital Employed (ROCE)-19.20%-36.50%-14.70%-52.50%-134.90%-71.00%
Earnings Yield-2.84%-5.10%-0.99%-7.04%-17.11%-5.17%
FCF Yield1.93%2.04%2.48%-1.10%-15.20%-2.24%
Buyback Yield / Dilution-5.06%-4.94%-3.95%-2.69%-42.32%-268.38%