Similarweb Ltd. logo SMWB - Similarweb Ltd.

Price: -- -- | CONSENSUS: Buy DETAILS
STRONG
BUY
0
BUY 8
HOLD 4
SELL 0
STRONG
SELL
0
| PRICE TARGET: $5.38 DETAILS
HIGH: $7.50
LOW: $4.00
MEDIAN: $5.00
CONSENSUS: $5.38
UPSIDE: 30.27%
Metric 2026 Q1 2025 Q4 2025 Q3 2025 Q2 2025 Q1 2024 Q4 2024 Q3 2024 Q2 2024 Q1 2023 Q4 2023 Q3 2023 Q2 2023 Q1 2022 Q4 2022 Q3 2022 Q2 2022 Q1 2021 Q4 2021 Q3 2021 Q2 2021 Q1 2020 Q4 2020 Q3 2020 Q2 2020 Q1
Revenue
Revenue 73.9 72.8 71.8 71.0 67.1 65.6 64.7 60.6 59.0 56.8 54.8 53.7 52.8 51.3 50.0 47.6 44.3 40.2 35.6 32.5 29.4 26.6 24.4 21.9 20.6
Cost of Revenue 15.6 15.0 14.6 14.3 14.0 15.3 14.2 12.5 12.7 11.9 10.6 12.6 12.1 14.1 13.7 14.0 13.1 10.7 7.8 7.0 6.3 5.6 5.4 5.3 5.2
Gross Profit 58.2 57.7 57.2 56.7 53.1 50.3 50.5 48.1 46.3 44.9 44.3 41.1 40.7 37.2 36.3 33.6 31.2 29.5 27.8 25.5 23.1 21.0 19.0 16.6 15.4
Operating Expenses
R&D Expenses 18.8 17.8 18.5 18.3 18.0 15.4 14.5 12.2 13.5 13.7 14.2 13.9 14.4 14.7 15.2 16.1 14.7 14.3 11.4 9.7 9.0 6.4 5.9 4.8 4.9
SG&A Expenses 42.7 48.8 41.4 45.3 44.4 38.5 38.5 36.3 35.4 32.3 34.9 37.0 39.4 42.2 41.7 44.0 42.7 38.1 33.1 30.8 25.7 20.6 17.8 14.9 16.3
Other Expenses 0 (4.2) 0 0 0 0 0 0.6 0 0 0 0 0 (5.1) 0 0 0 0 0 0 0 0 0 0 0
Operating Expenses 61.5 62.4 59.9 63.6 62.4 53.8 52.9 49.1 49.0 46.0 49.1 50.9 53.8 51.8 56.9 60.0 57.4 52.4 44.5 40.4 34.7 27.1 23.8 19.7 21.2
Operating Income
Operating Income (3.2) (4.7) (2.7) (6.9) (9.3) (3.6) (2.5) (1.0) (2.7) (1.1) (4.9) (9.8) (13.1) (14.6) (20.6) (26.5) (26.2) (22.9) (16.7) (14.9) (11.6) (6.0) (4.8) (3.1) (5.8)
Interest Expense 0.6 3.6 0.9 3.6 0 1.1 0.0 0 0 2.1 0 0 0 0.4 0.6 0 0 0.7 0.3 0.5 0.3 0.7 0.3 0.3 0.4
Interest Income 0 0 0 0 1.0 0 0 0.8 0.5 0 1.1 0.6 1.4 0 0 4.6 0.8 0 0 0 0 0 0 0 0
Profitability
EBITDA (1.2) (0.4) (1.4) (4.5) (7.2) (1.0) 0.4 2.3 (0.2) 1.5 (2.3) (7.2) (10.5) (17.3) (18.3) (23.8) (23.1) (21.4) (16.1) (14.4) (11.0) (5.6) (4.3) (2.6) (5.2)
EBIT (3.2) (2.8) (3.6) (6.9) (9.3) (3.6) (2.5) (0.4) (2.7) (1.1) (4.9) (9.8) (13.1) (19.0) (20.6) (26.5) (26.2) (22.9) (16.7) (14.9) (11.6) (6.0) (4.8) (3.1) (5.8)
Income Before Tax (5.0) (6.3) (3.6) (10.5) (8.3) (4.7) (2.5) (0.1) (2.2) (3.2) (3.8) (9.1) (11.7) (14.7) (21.2) (21.9) (25.4) (23.6) (17.0) (15.4) (11.9) (6.8) (5.1) (3.4) (6.1)
Income Tax Expense 1.3 1.2 0.7 1.3 1.0 0.8 0.1 0.6 0.5 0.2 1.0 0.1 0.1 0.3 (0.2) 0.2 0.2 0.2 0.3 0.3 0.2 0.4 0.1 0.1 0.1
Net Income (6.4) (7.5) (4.3) (11.8) (9.3) (5.4) (2.6) (0.7) (2.7) (3.4) (4.8) (9.3) (11.8) (15.0) (21.0) (22.1) (25.6) (23.8) (17.3) (15.7) (12.1) (7.2) (5.2) (3.5) (6.2)
Per Share Data
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 -0.16 -0.11 -0.08 -0.05 -0.09
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 -0.16 -0.11 -0.08 -0.05 -0.09
Shares Outstanding 87.3 86.6 85.5 84.0 83.1 82.1 81.3 80.6 79.4 78.4 78.1 77.6 76.9 76.2 76.0 75.7 75.0 74.7 74.5 74.4 74.3 66.1 66.1 66.1 66.1
Metric 2026 Q1 2025 Q4 2025 Q3 2025 Q2 2025 Q1 2024 Q4 2024 Q3 2024 Q2 2024 Q1 2023 Q4 2023 Q3 2023 Q2 2023 Q1 2022 Q4 2022 Q3 2022 Q2 2022 Q1 2021 Q4 2021 Q3 2021 Q2 2021 Q1 2020 Q4
Current Assets
Cash & Cash Equivalents 71.7 72.4 65.5 59.3 59.6 63.9 60.1 72.1 65.1 71.7 67.4 73.0 75.3 77.8 90.6 93.9 125.0 128.9 159.1 177.0 38.3 23.9
Short-Term Investments 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 20.0 30
Net Receivables 48.6 54.1 41.8 42.9 40.0 51.7 35.5 38.6 41.3 49.3 34.7 32.5 37.5 39.2 25.1 26.9 30.5 32.0 24.4 19.8 25.0 25.7
Inventory 0 0 0 0 0 0.2 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0
Other Current Assets 7.8 17.9 22.0 22.0 27.3 22.6 26.7 7.7 6.4 22.6 25.5 25.1 24.2 21.7 20.7 21.5 21.0 23.9 9.2 8.6 8.5 7.4
Total Current Assets 128.1 150.3 136.1 131.6 126.9 141.4 122.3 118.4 112.7 146.4 127.7 130.6 137.1 142.2 143.3 151.9 187.5 187.7 197.4 207.7 92.9 88.2
Non-Current Assets
Property, Plant & Equipment 53.9 56.5 57.4 57.5 60.3 60.3 62.4 63.0 64.4 64.6 66.0 68.8 71.0 72.6 74.1 71.5 60.8 6.4 6.2 6.2 6.0 6.1
Goodwill 0 0 0 0 0 25.3 0 0 0 12.9 12.9 12.9 12.9 12.9 13.1 13.4 11.3 11.3 0 0 0 2.9
Intangible Assets 55.8 45.6 46.5 47.3 40.8 5.6 32.4 20.0 21.2 4.8 6.0 7.2 8.4 9.6 10.8 12.0 10.6 11.6 3.8 3.9 2.9 0
Long-Term Investments 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0
Other Non-Current Assets 19.3 8.8 8.3 8.9 9.7 10.4 9.3 9.9 21.1 10.3 5.9 6.6 7.3 8.8 10.4 10.8 10.7 10.0 8.5 7.7 8.3 6.4
Total Non-Current Assets 129.0 110.8 112.2 113.7 110.8 101.6 104.1 92.9 106.7 92.6 90.8 95.4 99.6 103.9 108.3 107.6 93.5 39.3 18.5 17.8 17.2 15.4
Total Assets 257.1 261.1 248.3 245.4 237.7 242.9 226.4 222.3 219.4 239.0 218.4 226.0 236.7 246.0 251.6 259.6 281.0 227.0 215.8 225.5 110.1 103.6
Current Liabilities
Account Payables 12.3 13.9 14.7 9.4 9.6 12.4 11.0 5.0 6.0 8.4 11.4 7.4 6.1 7.1 9.2 17.6 27.0 11.3 9.2 9.6 6.3 4.3
Short-Term Debt 6.4 0 0 0 0 0 0 0 0 25 25 25 25 25 25 0 0 0 0 0 30 26.9
Deferred Revenue 117.5 0 0 0 109.2 108.2 98.6 108 107.6 100.0 89.8 96.8 100.9 93.2 83.5 90.2 89.7 76.7 65.8 65.3 62.5 53.1
Other Current Liabilities 37.5 153.5 140.2 145.4 0 0.0 0 24.8 25.9 23.3 0 0 0 0.3 0 30.5 28.4 22.2 17.0 14.5 14.4 13.7
Total Current Liabilities 193.2 196.6 181.7 180.4 174.8 177.2 162.6 161.4 161.6 184.2 170.0 175.5 180.7 180.9 174.3 167.7 165.8 134.1 107.8 103.0 124.8 109.1
Non-Current Liabilities
Long-Term Debt 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0
Deferred Tax Liabilities 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0
Other Non-Current Liabilities 8.2 6.8 7.7 8.5 5.8 4.2 4.4 3.8 3.4 3.1 2.0 1.8 2.0 2.1 3.0 3.2 3.2 5.9 2.7 2.8 2.9 3.0
Total Non-Current Liabilities 43.0 41.3 41.6 41.4 38.9 38.2 37.6 37.4 38.7 39.3 36.3 38.2 40.3 43.2 45.6 44.4 50.8 7.9 3.3 3.4 3.8 3.8
Total Liabilities 236.2 237.8 223.3 221.8 213.7 215.4 200.2 198.8 200.3 223.5 206.2 213.8 221.0 224.1 219.9 212.1 216.7 142.1 111.1 106.4 128.5 112.9
Stockholders' Equity
Common Stock 0.2 0.2 0.2 0.2 0.2 0.2 0.2 0.2 0.2 0.2 0.2 0.2 0.2 0.2 0.2 0.2 0.2 0.2 0.2 0.2 0.0 0.0
Retained Earnings (403.9) (397.5) (390.0) (385.7) (373.8) (364.6) (359.1) (356.6) (355.8) (353.1) (349.7) (344.9) (335.6) (323.7) (308.7) (287.7) (265.7) (240.1) (216.3) (198.9) (183.2) (171.1)
Accumulated Other Comprehensive Income 0.1 1 1.7 2.4 (0.4) 0.4 0.1 (0.0) 0.4 0.9 (0.7) (0.6) (0.6) (0.4) (1.0) (1.2) 0.2 0.2 0.0 0.0 (0.2) 0.1
Total Stockholders' Equity 20.8 23.3 25.0 23.6 24.0 27.5 26.2 23.4 19.1 15.5 12.2 12.3 15.7 22.0 31.7 47.5 64.3 84.9 104.8 119.1 (18.4) (9.2)
Total Liabilities & Equity 257.1 261.1 248.3 245.4 237.7 242.9 226.4 222.3 219.4 239.0 218.4 226.0 236.7 246.0 251.6 259.6 281.0 227.0 215.8 225.5 110.1 103.6
Debt Metrics
Total Debt 39.4 43.3 42.0 40.9 40.0 39.7 41.1 39.7 41.0 67.4 65.7 68.8 71.2 74.2 75.6 48.8 46.5 0 0 0 30 26.9
Net Debt (32.3) (29.1) (23.4) (18.5) (19.6) (24.1) (19.1) (32.4) (24.1) (4.3) (1.7) (4.2) (4.1) (3.6) (15.1) (45.1) (78.5) (128.9) (159.1) (177.0) (8.3) 2.9
Metric 2026 Q1 2025 Q4 2025 Q3 2025 Q2 2025 Q1 2024 Q4 2024 Q3 2024 Q2 2024 Q1 2023 Q4 2023 Q3 2023 Q2 2023 Q1 2022 Q4 2022 Q3 2022 Q2 2022 Q1 2021 Q4 2021 Q3 2021 Q2 2021 Q1 2020 Q4 2020 Q3 2020 Q2 2020 Q1
Operating Activities
Net Income (6.4) (7.5) (4.3) (11.8) (9.3) (5.4) (2.6) (0.7) (2.7) (3.4) (4.8) (9.3) (11.8) (15.0) (21.0) (22.1) (25.6) (23.8) (17.3) (15.7) (12.1) (7.2) (5.2) (3.5) (6.2)
Depreciation & Amortization 2.1 2.3 2.2 2.3 2.1 2.5 2.9 2.6 2.5 2.6 2.6 2.6 2.5 2.5 2.4 2.7 3.0 1.5 0.6 0.5 0.5 0.5 0.5 0.4 0.6
Stock-Based Compensation 0 (16.2) 0 6.1 5.8 4.5 4.5 4.5 4.1 4.4 4.6 4.7 4.4 3.6 4.8 4.8 3.8 3.3 2.7 2.2 2.9 1.3 2.4 0.6 0.5
Change in Working Capital (0.5) (5.6) 8.0 7.3 6.4 1.0 5.2 0.7 5.9 0.3 (8.0) (1.0) 5.0 (2.5) (8.3) 0.4 19.4 8.3 (2.5) 10.5 11.0 (5.9) 0.1 1.1 5.5
Other Non-Cash Items 5.0 30.4 (2.4) (1.1) (0.2) 0.8 (0.7) 0.3 0.3 (0.2) 0.9 0.7 0.2 (0.8) 0.4 1.1 0.2 0.2 (0.1) (0.2) 0.0 10.4 0.1 (0.1) 0.1
Operating Cash Flow 0.2 3.4 3.5 2.9 4.9 3.4 9.3 7.3 10.1 3.7 (4.8) (2.3) 0.3 (12.3) (21.7) (13.1) 0.9 (10.4) (16.6) (2.6) 2.3 (0.8) (2.0) (1.4) 0.5
Investing Activities
Capital Expenditure (0.3) (0.3) (0.5) (0.2) (0.5) (0.7) (0.6) (1.0) (0.4) (0.2) (0.1) (0.5) (1.6) (2.4) (7.8) (15.8) (5.2) (1.2) (0.5) (1.0) (0.5) (0.3) (0.3) (0.1) (0.2)
Acquisitions (6.5) 0 (0.1) (6.4) (9.3) 0.0 (11.6) (0.0) (3.8) 0 0 0 0 0 0.3 (3.8) 0 (9.0) 0 (0.5) 0 0 0 0 0
Purchases of Investments 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0
Sales/Maturities of Investments 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0
Other Investing Activities 0 4.5 (0.1) (0.1) (0.1) (0.6) (0.4) (0.6) (0.2) (0.1) (0.1) (0.3) (0.5) 0.1 (0.1) (0.9) (0.4) (10.0) 0.1 19.6 9.5 (30.2) (0.2) 0.0 0.4
Investing Cash Flow (7.1) 4.2 (0.8) (6.7) (9.9) (0.9) (12.3) (1.2) (4.3) (0.3) (0.2) (0.5) (1.6) (1.8) (6.5) (19.5) (5.2) (19.9) (0.3) 18.5 9.0 (30.5) (0.3) (0.1) 0.2
Financing Activities
Net Debt Issuance 0 0 0 0 0 0 0 0 (25) 0 0 0 0 0 25 0 0 (0.1) 0 (30) 3.2 0 0 1.8 10
Stock Repurchased 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 (1.5) 0 0 0 0 0 0
Dividends Paid 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0
Other Financing Activities 0 1.4 2.3 2.6 0.6 1.9 0.7 0.9 2.7 0.8 0.3 1.1 (1.0) 1.0 0.1 2.4 0.6 0.5 0.3 0.1 (0.0) 38.5 0.5 0.1 0.4
Financing Cash Flow 0.0 1.4 2.3 2.6 0.6 1.9 0.7 0.9 (22.3) 0.8 0.3 1.1 (1.0) 1.0 25.1 2.4 0.6 0.4 (1.2) 122.5 3.2 38.5 0.5 1.8 10.4
Cash Position
Net Change in Cash (7.1) 7.0 6.1 (0.2) (4.3) 3.7 (1.7) 6.9 (16.8) 4.3 (5.6) (2.4) (2.5) (12.8) (3.3) (31.1) (3.9) (30.2) (17.9) 138.7 14.4 7.3 (1.9) 0.5 11.0
Cash at Beginning 78.8 65.5 59.3 59.6 63.9 60.1 61.8 54.9 71.7 67.4 73.0 75.3 77.8 90.6 93.9 125.0 128.9 159.1 177.0 38.3 23.9 16.6 18.5 18.0 7.0
Cash at End 71.7 72.4 65.5 59.3 59.6 63.9 60.1 61.8 54.9 71.7 67.4 73.0 75.3 77.8 90.6 93.9 125.0 128.9 159.1 177.0 38.3 23.9 16.6 18.5 18.0
Free Cash Flow (0.1) 3.2 3.0 2.7 4.4 2.7 8.7 6.3 9.7 3.5 (4.9) (2.8) (1.2) (14.6) (29.5) (28.9) (4.2) (11.5) (17.1) (3.6) 1.9 (1.2) (2.3) (1.5) 0.3
Key Metrics 2026 Q1 2025 Q4 2025 Q3 2025 Q2 2025 Q1 2024 Q4 2024 Q3 2024 Q2 2024 Q1 2023 Q4 2023 Q3 2023 Q2 2023 Q1 2022 Q4 2022 Q3 2022 Q2 2022 Q1 2021 Q4 2021 Q3 2021 Q2 2021 Q1 2020 Q4 2020 Q3 2020 Q2 2020 Q1
Income Statement
Revenue 73.9 72.8 71.8 71.0 67.1 65.6 64.7 60.6 59.0 56.8 54.8 53.7 52.8 51.3 50.0 47.6 44.3 40.2 35.6 32.5 29.4 26.6 24.4 21.9 20.6
Gross Profit 58.2 57.7 57.2 56.7 53.1 50.3 50.5 48.1 46.3 44.9 44.3 41.1 40.7 37.2 36.3 33.6 31.2 29.5 27.8 25.5 23.1 21.0 19.0 16.6 15.4
Operating Income (3.2) (4.7) (2.7) (6.9) (9.3) (3.6) (2.5) (1.0) (2.7) (1.1) (4.9) (9.8) (13.1) (14.6) (20.6) (26.5) (26.2) (22.9) (16.7) (14.9) (11.6) (6.0) (4.8) (3.1) (5.8)
Net Income (6.4) (7.5) (4.3) (11.8) (9.3) (5.4) (2.6) (0.7) (2.7) (3.4) (4.8) (9.3) (11.8) (15.0) (21.0) (22.1) (25.6) (23.8) (17.3) (15.7) (12.1) (7.2) (5.2) (3.5) (6.2)
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 -0.16 -0.11 -0.08 -0.05 -0.09
Balance Sheet
Cash & Equivalents 71.7 72.4 65.5 59.3 59.6 63.9 60.1 72.1 65.1 71.7 67.4 73.0 75.3 77.8 90.6 93.9 125.0 128.9 159.1 177.0 38.3 23.9
Total Assets 257.1 261.1 248.3 245.4 237.7 242.9 226.4 222.3 219.4 239.0 218.4 226.0 236.7 246.0 251.6 259.6 281.0 227.0 215.8 225.5 110.1 103.6
Total Debt 39.4 43.3 42.0 40.9 40.0 39.7 41.1 39.7 41.0 67.4 65.7 68.8 71.2 74.2 75.6 48.8 46.5 0 0 0 30 26.9
Stockholders' Equity 20.8 23.3 25.0 23.6 24.0 27.5 26.2 23.4 19.1 15.5 12.2 12.3 15.7 22.0 31.7 47.5 64.3 84.9 104.8 119.1 (18.4) (9.2)
Cash Flow
Operating Cash Flow 0.2 3.4 3.5 2.9 4.9 3.4 9.3 7.3 10.1 3.7 (4.8) (2.3) 0.3 (12.3) (21.7) (13.1) 0.9 (10.4) (16.6) (2.6) 2.3 (0.8) (2.0) (1.4) 0.5
Capital Expenditure (0.3) (0.3) (0.5) (0.2) (0.5) (0.7) (0.6) (1.0) (0.4) (0.2) (0.1) (0.5) (1.6) (2.4) (7.8) (15.8) (5.2) (1.2) (0.5) (1.0) (0.5) (0.3) (0.3) (0.1) (0.2)
Free Cash Flow (0.1) 3.2 3.0 2.7 4.4 2.7 8.7 6.3 9.7 3.5 (4.9) (2.8) (1.2) (14.6) (29.5) (28.9) (4.2) (11.5) (17.1) (3.6) 1.9 (1.2) (2.3) (1.5) 0.3