Similarweb Ltd.
Similarweb Ltd. (SMWB) Financial Performance & Income Statement Overview
Explore the financials of Similarweb Ltd. (SMWB), including yearly and quarterly data on income, cash flow, and balance sheets.
Similarweb Ltd. (SMWB) Income Statement & Financial Overview
Explore comprehensive income reports for Similarweb Ltd. SMWB, broken down by year and quarter.
| Metric | Q4 2024 | Q3 2024 | Q2 2024 | Q1 2024 |
|---|---|---|---|---|
| Revenue | $65.59M | $64.71M | $60.64M | $58.98M |
| Cost of Revenue | $15.33M | $14.24M | $12.61M | $12.70M |
| Gross Profit | $50.26M | $50.46M | $48.03M | $46.29M |
| Gross Profit Ratio | $0.77 | $0.78 | $0.79 | $0.78 |
| R&D Expenses | $15.36M | $14.46M | $12.24M | $13.54M |
| SG&A Expenses | $38.46M | $38.47M | $36.15M | $35.43M |
| Operating Expenses | $53.82M | $52.93M | $48.39M | $48.97M |
| Total Costs & Expenses | $69.15M | $67.17M | $61.00M | $61.67M |
| Interest Income | $0.00 | $0.00 | $823000.00 | $455000.00 |
| Interest Expense | $0.00 | $0.00 | $0.00 | $0.00 |
| Depreciation & Amortization | $2.52M | $2.87M | $2.62M | $2.52M |
| EBITDA | -$1.04M | $406000.00 | $2.49M | -$164000.00 |
| EBITDA Ratio | -$0.02 | $0.006 | $0.04 | -$0.003 |
| Operating Income | -$3.56M | -$2.47M | -$362000.00 | -$2.68M |
| Operating Income Ratio | -$0.05 | -$0.04 | -$0.006 | -$0.05 |
| Other Income/Expenses (Net) | -$1.10M | -$43000.00 | $232000.00 | $455000.00 |
| Income Before Tax | -$4.66M | -$2.51M | -$130000.00 | -$2.23M |
| Income Before Tax Ratio | -$0.07 | -$0.04 | -$0.002 | -$0.04 |
| Income Tax Expense | $759000.00 | $56000.00 | $608000.00 | $504000.00 |
| Net Income | -$5.42M | -$2.57M | -$738000.00 | -$2.73M |
| Net Income Ratio | -$0.08 | -$0.04 | -$0.01 | -$0.05 |
| EPS | -$0.07 | -$0.03 | -$0.009 | -$0.03 |
| Diluted EPS | -$0.07 | -$0.03 | -$0.009 | -$0.03 |
| Weighted Avg Shares Outstanding | $82.07M | $81.28M | $80.57M | $79.36M |
| Weighted Avg Shares Outstanding (Diluted) | $82.07M | $81.28M | $80.57M | $79.36M |
Over the last four quarters, Similarweb Ltd. achieved steady financial progress, growing revenue from $58.98M in Q1 2024 to $65.59M in Q4 2024. Gross profit stayed firm with margins at 77% in Q4 2024 versus 78% in Q1 2024. Operating income totaled -$3.56M in Q4 2024, maintaining a -5% margin over recent quarters. Despite shifts in R&D and SG&A costs, EBITDA stayed strong at -$1.04M. Net income dropped to -$5.42M, with EPS at -$0.07. Disciplined expense strategies and efficient operations ensured sustained profitability and long-term financial stability.
Unlock 25+ Years of Financial Data
Get access to extended historical data, advanced metrics, and more with our premium plan