Similarweb Ltd. (SMWB) Financials
A multiple compares the market's price with a filed figure; it says what the market pays, not how the business is doing. The market capitalization is the vendor's as of Oct 9, 2026; every other figure is from the SEC filings on this page. Not financial advice.
Newest figures come from the 20-F for FY2025, filed Mar 2, 2026. Each column of the statement tables below links to the filing it was taken from, and every filing is listed on the SMWB SEC filings page.
Similarweb Ltd. (SMWB) reported $282.6M in revenue for fiscal year 2025, up 13.1% from the prior fiscal year. This page shows its income statement, balance sheet, cash flow statement, and key financial ratios. View 7 years of annual fundamentals and quarterly data, with year-over-year growth rates and compound annual growth rates (CAGR). All figures are derived from SEC filings (10-K and 10-Q reports).
Similarweb’s revenue engine is scaling, but 2025 spending reversed much of its operating progress while cash flow remained positive.
Between FY2023 and FY2024, operating margin improved from-13.2% to-3.9% while operating cash flow swung from negative to positive, making the improvement more than an accounting-only change. FY2025 then paired a-8.3% operating margin with$14.6M of operating cash flow, so cash generation weakened before profitability was established.
Gross margin reached
Liquidity is structurally tight: a current ratio of 0.8x means near-term obligations exceed near-term assets, even though total equity remained positive at
Financial Health Signals
Scored against operating companies for FY2025. Each of the six dimensions is a percentile rank within that peer group; the overall is their average, with missing dimensions counted as zero out of six. A high score means strong standing among peers, not absolute cross-industry strength. How this score is calculated →
Health score ≠ stock price. This rates the quality of Similarweb Ltd.'s business: profitability, growth, balance sheet strength. It doesn't tell you whether the stock is a good buy at today's price. Not financial advice. Use it alongside valuation analysis and your own research.
Similarweb Ltd. has an operating margin of -8.3%, meaning the company loses $8 on every $100 of revenue. This results in a profitability score of 27/100. This is down from -3.9% the prior year.
Similarweb Ltd.'s revenue grew 13.1% year-over-year to $282.6M, a solid pace of expansion. This earns a growth score of 73/100.
Similarweb Ltd. has elevated debt relative to equity (D/E of 10.20), meaning the company relies heavily on borrowed funds. This high leverage results in a low score of 5/100, reflecting increased financial risk.
Similarweb Ltd.'s current ratio of 0.76 is below the typical benchmark, resulting in a score of 10/100. This tight liquidity could limit financial flexibility if cash inflows slow.
Similarweb Ltd. has a free cash flow margin of 4.7%, earning a moderate score of 47/100. The company generates positive cash flow after capital investments, but with room for improvement.
Similarweb Ltd. posts a -141.2% return on equity (ROE), meaning it loses $141 for every $100 of shareholders' equity. This results in a returns score of 19/100. This is down from -41.6% the prior year.
Similarweb Ltd. scores 0.32, below the 1.81 distress threshold. The score is driven primarily by a large market capitalization ($743.9M) relative to total liabilities ($237.8M). This indicates elevated financial distress risk and warrants close attention to liquidity and debt levels.
Distress-screening estimate for non-financial companies. Not computed for banks or insurers, where the Altman model does not apply.
Similarweb Ltd. passes 4 of 8 computable financial strength tests (1 of the nine could not be computed from available data). 2 of 4 profitability signals pass, no leverage/liquidity signals pass (rising debt, declining liquidity, or share dilution), both operating efficiency signals pass.
Similarweb Ltd. reported a net loss of $32.9M while generating $14.6M in operating cash flow. Operations generated cash despite the loss, but with no positive earnings behind it, the ratio between the two carries no quality signal.
Similarweb Ltd. reported an operating loss of $23.6M against $5.2M in interest expense. There is no operating profit to cover interest, so interest must be met from cash reserves or from financing rather than from operations.
Key Financial Metrics
Earnings & Revenue
None of these metrics is reported for Q4 2025.
Cash & Balance Sheet
Similarweb Ltd. held $72.4M in cash as of Q4 2025; long-term debt is not reported for that period.
Not reported for Q4 2025.
Not reported for Q4 2025.
Margins & Returns
None of these metrics is reported for Q4 2025.
Capital Allocation
None of these metrics is reported for Q4 2025.
SMWB Income Statement
Figures in USD, abbreviated K (thousand), M (million), B (billion), T (trillion). Negative values carry a minus sign and red type. Each change compares the year with the year before it, and each quarter with the same quarter a year earlier.
Not reported in any period shown, so not listed: Revenue, Cost of Revenue, Gross Profit, R&D Expenses, SG&A Expenses, Operating Income, EBITDA, Interest Expense, Income Tax, Net Income, EPS (Basic), EPS (Diluted), Diluted Shares (Avg).
SMWB Balance Sheet
Figures in USD, abbreviated K (thousand), M (million), B (billion), T (trillion). Negative values carry a minus sign and red type. Each change compares the year with the year before it, and each quarter with the same quarter a year earlier.
| Metric | Q4'2520-F | Q4'2420-F | Q4'2310-K | Q4'2210-K | Q4'2110-K | Q4'2010-K |
|---|---|---|---|---|---|---|
| Total Assets | $261.1M+7.5% | $242.9M+1.6% | $239.0M-2.9% | $246.0M+8.4% | $227.0M+119.0% | $103.6M |
| Current Assets | $150.3M+6.4% | $141.4M-3.4% | $146.4M+3.0% | $142.2M-24.2% | $187.7M+112.7% | $88.2M |
| Cash & Equivalents | $72.4M+13.4% | $63.9M-11.0% | $71.7M-7.8% | $77.8M-39.6% | $128.9M+438.3% | $23.9M |
| Short-Term Investments | $0 | $0 | $0 | $0 | $0-100.0% | $30.0M |
| Accounts Receivable | $54.1M+6.1% | $51.0M+6.5% | $47.9M+25.5% | $38.1M+23.0% | $31.0M+22.8% | $25.3M |
| Long-Term Investments | $0 | $0 | $0 | $0 | $0 | $0 |
| Goodwill | $38.8M+53.6% | $25.3M+96.4% | $12.9M0.0% | $12.9M+13.7% | $11.3M+294.6% | $2.9M |
| Total Liabilities | $237.8M+10.4% | $215.4M-3.6% | $223.5M-0.3% | $224.1M+57.7% | $142.1M-42.9% | $248.7M |
| Current Liabilities | $196.6M+10.9% | $177.2M-3.8% | $184.2M+1.8% | $180.9M+34.9% | $134.1M+23.8% | $108.4M |
| Non-Current Liabilities | $41.3M+8.0% | $38.2M-2.7% | $39.3M-9.0% | $43.2M+443.7% | $7.9M-94.3% | $140.3M |
| Total Equity | $23.3M-15.2% | $27.5M+76.9% | $15.5M-29.2% | $22.0M-74.1% | $84.9M+158.5% | -$145.1M |
| Retained Earnings | -$397.5M-9.0% | -$364.6M-3.2% | -$353.1M-9.1% | -$323.7M-34.8% | -$240.1M-40.3% | -$171.1M |
Not reported in any period shown, so not listed: Inventory, Long-Term Debt.
SMWB Cash Flow Statement
Figures in USD, abbreviated K (thousand), M (million), B (billion), T (trillion). Negative values carry a minus sign and red type. Each change compares the year with the year before it, and each quarter with the same quarter a year earlier.
Not reported in any period shown, so not listed: Operating Cash Flow, Depreciation & Amortization, Stock-Based Compensation, Capital Expenditures, Free Cash Flow, Investing Cash Flow, Financing Cash Flow, Dividends Paid, Share Buybacks.
SMWB Financial Ratios
Margins and returns are percentages; the remaining ratios are unitless multiples. Each change compares the year with the year before it, and each quarter with the same quarter a year earlier.
Not reported in any period shown, so not listed: Gross Margin, Operating Margin, Net Margin, Return on Equity, Return on Assets, Asset Turnover, FCF Margin.
Note: The current ratio is below 1.0 (0.76), indicating current liabilities exceed current assets, which may suggest potential short-term liquidity concerns.
Similar Companies
Newest fiscal year on record for each company. The health score is the peer-relative Financial Health Score for that year; a dash means no score is published for it.
| Company | Fiscal year | Revenue | Net income | Net margin | Market cap | Health score |
|---|---|---|---|---|---|---|
| Similarweb Ltd. SMWB | FY2025 | $282.6M | -$32.9M | -11.7% | $743.9M | 30/100 |
| Sprout Social, Inc SPT | FY2025 | $457.5M | -$43.3M | -9.5% | $639.9M | 47/100 |
| Verb Technology Company, Inc. VERB | FY2025 | $12.8M | -$148.5M | N/A | $877.8M | 19/100 |
| Docebo Inc. DCBO | FY2025 | $242.7M | $37.5M | 15.5% | $595.7M | 44/100 |
| Pros Holdings, Inc. PRO | FY2024 | $330.4M | -$20.5M | -6.2% | $1.1B | 32/100 |
| PDF Solutions Inc PDFS | FY2025 | $219.0M | -$600K | -0.3% | $2.2B | 43/100 |
Where Similarweb Ltd. Ranks
Frequently Asked Questions
What is Similarweb Ltd.'s annual revenue?
Similarweb Ltd. (SMWB) reported $282.6M in total revenue for fiscal year 2025. This represents a 13.1% change compared to the previous fiscal year. Revenue measures the total income earned from the company's primary business operations before any expenses are deducted.
How fast is Similarweb Ltd.'s revenue growing?
Similarweb Ltd. (SMWB) revenue grew by 13.1% year-over-year, from $249.9M to $282.6M in fiscal year 2025.
Is Similarweb Ltd. profitable?
No, Similarweb Ltd. (SMWB) reported a net income of -$32.9M in fiscal year 2025, with a net profit margin of -11.7%.
What is Similarweb Ltd.'s EBITDA?
Similarweb Ltd. (SMWB) had EBITDA of -$14.6M in fiscal year 2025, measuring earnings before interest, taxes, depreciation, and amortization.
What is Similarweb Ltd.'s gross margin?
Similarweb Ltd. (SMWB) had a gross margin of 79.5% in fiscal year 2025, indicating the percentage of revenue retained after direct costs of goods sold.
What is Similarweb Ltd.'s operating margin?
Similarweb Ltd. (SMWB) had an operating margin of -8.3% in fiscal year 2025, reflecting the profitability of core business operations before interest and taxes.
What is Similarweb Ltd.'s net profit margin?
Similarweb Ltd. (SMWB) had a net profit margin of -11.7% in fiscal year 2025, representing the share of revenue converted into profit after all expenses.
What is Similarweb Ltd.'s return on equity (ROE)?
Similarweb Ltd. (SMWB) has a return on equity of -141.2% for fiscal year 2025, measuring how efficiently the company generates profit from shareholder equity.
What is Similarweb Ltd.'s free cash flow?
Similarweb Ltd. (SMWB) generated $13.2M in free cash flow during fiscal year 2025. This represents a -54.2% change compared to the previous fiscal year. Free cash flow represents the cash a company generates after accounting for capital expenditures, and is widely used to assess financial flexibility and shareholder value.
What is Similarweb Ltd.'s operating cash flow?
Similarweb Ltd. (SMWB) generated $14.6M in operating cash flow during fiscal year 2025, representing cash generated from core business activities.
What are Similarweb Ltd.'s total assets?
Similarweb Ltd. (SMWB) had $261.1M in total assets as of fiscal year 2025, including both current and long-term assets.
What are Similarweb Ltd.'s capital expenditures?
Similarweb Ltd. (SMWB) invested $1.5M in capital expenditures during fiscal year 2025, funding long-term assets and infrastructure.
How much does Similarweb Ltd. spend on research and development?
Similarweb Ltd. (SMWB) invested $72.6M in research and development during fiscal year 2025.
What is Similarweb Ltd.'s current ratio?
Similarweb Ltd. (SMWB) had a current ratio of 0.76 as of fiscal year 2025, which is below 1.0, which may suggest potential liquidity concerns.
What is Similarweb Ltd.'s debt-to-equity ratio?
Similarweb Ltd. (SMWB) had a debt-to-equity ratio of 10.20 as of fiscal year 2025, measuring the company's financial leverage by comparing total debt to shareholder equity.
What is Similarweb Ltd.'s return on assets (ROA)?
Similarweb Ltd. (SMWB) had a return on assets of -12.6% for fiscal year 2025, measuring how efficiently the company uses its assets to generate profit.
What is Similarweb Ltd.'s P/E ratio?
Similarweb Ltd. (SMWB) has no price-to-earnings ratio at the moment: net loss, so no earnings multiple (FY2025). The market capitalization is $743.9M as of Oct 9, 2026; a multiple compares that price with a filed figure and says nothing about the quality of the business.
What is Similarweb Ltd.'s price-to-sales ratio?
Similarweb Ltd. (SMWB) trades at 2.6x sales, its market capitalization divided by revenue of $282.6M revenue, FY2025. The market capitalization is $743.9M as of Oct 9, 2026; a multiple compares that price with a filed figure and says nothing about the quality of the business.
What is Similarweb Ltd.'s Altman Z-Score?
Similarweb Ltd. (SMWB) has an Altman Z-Score of 0.32, placing it in the Distress Zone (elevated bankruptcy risk). The Z-Score combines five financial ratios (working capital, retained earnings, EBIT, market capitalization, and revenue relative to total assets) to predict the likelihood of bankruptcy. Scores above 2.99 indicate financial safety while scores below 1.81 suggest financial distress. Learn more in our complete guide to financial health indicators.
What is Similarweb Ltd.'s Piotroski F-Score?
Similarweb Ltd. (SMWB) has a Piotroski F-Score of 4 out of 8 computable signals; 1 of the nine could not be computed from available data, so the full-scale strength rating is not shown. The F-Score evaluates nine binary signals across profitability (positive ROA, positive cash flow, improving ROA, earnings quality), leverage (decreasing debt, improving liquidity, no share dilution), and operating efficiency (improving gross margin, improving asset turnover). Scores of 7 to 9 indicate strong and improving fundamentals. Learn more in our complete guide to financial health indicators.
Are Similarweb Ltd.'s earnings high quality?
Similarweb Ltd. (SMWB) reported a net loss of $32.9M while generating $14.6M in operating cash flow. Operations generated cash despite the loss, but with no positive earnings behind it, the ratio between the two carries no quality signal. This ratio compares operating cash flow to net income. A ratio above 1.0x means the company generates more cash than its reported earnings, indicating sustainable, cash-backed profits. Ratios below 1.0x suggest earnings rely on accounting accruals rather than actual cash generation. Learn more in our complete guide to financial health indicators.
Can Similarweb Ltd. cover its interest payments?
Similarweb Ltd. (SMWB) reported an operating loss of $23.6M against $5.2M in interest expense. There is no operating profit to cover interest, so interest must be met from cash reserves or from financing rather than from operations. This ratio divides operating income by interest expense. Ratios above 5x indicate strong debt-servicing ability, while ratios below 2x suggest the company may face difficulty meeting interest payments if earnings decline. Learn more in our complete guide to financial health indicators.
How financially healthy is Similarweb Ltd.?
Similarweb Ltd. (SMWB) scores 30 out of 100 on our Financial Health Score, indicating weak standing within its operating companies peer group. The score is a 0-100 composite of six dimensions (Profitability, Growth, Leverage, Liquidity, Cash Flow, Returns), each ranked as a percentile relative to companies in the same scoring family (banks against banks, REITs against REITs, and so on) rather than across all industries. It rates the quality of the business, not whether the stock is fairly priced, and is not financial advice. Learn more in our complete guide to financial health indicators.