Similarweb Earnings Reports

Similarweb grew revenue to $71.8M in Q3 2025, maintained positive non-GAAP net income, and expanded its customer base and RPO. However, GAAP results showed a net loss due to ongoing investment in growth areas.

Similarweb delivered 17% year-over-year revenue growth in Q2 2025, supported by demand for Gen AI and LLM-related data. The company returned to positive non-GAAP operating profit and free cash flow, although GAAP net loss widened.

In Q1 2025, Similarweb achieved $67.1M in revenue, reflecting 14% growth year-over-year. Despite a GAAP net loss of $9.3M, the company generated $4.4M in free cash flow for the sixth straight quarter. Strong customer growth and rising large-account share underscore strategic momentum.

Similarweb achieved a profitable Q4 2024, with total revenue reaching $65.6 million, a 16% increase year-over-year. The company reported a non-GAAP operating profit of $2.6 million and continued to expand its customer base, particularly in the $100,000+ ARR segment, while also making strategic investments in AI and R&D.