Employees: 1,000
Size Similarweb (SMWB) is a United States Information Technology company (Packaged Software) with a market value of $724M, the 2457th largest of 3,117 United States companies the cockpit tracks. Shares closed at $8.26 on 6 Nov 2026.
Performance Over six months the shares gained 140.8%, against -10.3% for the median peer and -1.1% for the United States market (cap-weighted) — highest of 21 in its peer set.
Growth Revenue grew 10.2% over the last twelve months (peer median -1.7%); the operating margin is -1.8% (peer median 5.3%).
Valuation It trades at 29.0× forward earnings against a peer median of 21.4× (2nd most expensive of 12).
Price implies For today's price to make sense, revenue must grow about 28% a year for seven years (Req g). Recent delivered growth is +25%, so the hurdle is +3 pp: the price needs faster growth than the company has been delivering — of companies that just grew 25–50% a year, 93.8% slowed down over the next four years.
Backlog Backlog (remaining performance obligations) was $289M at 31 Dec 2025, up 17% on a year earlier — 1.0 years of trailing revenue. Backlog detail →
Short interest Short interest is 1.0% of the free float (15 Oct 2026).
Next results Next results expected around 17 Nov 2026 (exchange calendar; dates can move).
| TTM | FY2025 | FY2024 | FY2023 | FY2022 | |
|---|---|---|---|---|---|
| Revenue | $296M | $283M | $250M | $218M | $193M |
| Revenue growth | — | +13% | +15% | +13% | — |
| Gross profit | $234M | $223M | $195M | $171M | $140M |
| EBITDA | $3.41M | -$10.0M | $15.5M | -$5.92M | -$65.5M |
| Net income | -$21.8M | -$32.9M | -$11.5M | -$29.4M | -$83.7M |
| Free cash flow | $15.9M | $13.2M | $28.7M | -$4.60M | -$74.3M |
| Capital expenditure | $2.20M | $1.65M | $2.73M | $2.38M | $31.2M |
| Total debt | $45.7M | $43.3M | $39.7M | $67.4M | $74.2M |
The default views of Competitor Analysis ▸ Charts, drawn from the same data. Open them in the cockpit to change the axes, pin companies and read every value.
Peer set: Industry: the same industry and sector in any market, nearest in size. This is the same default set the interactive Competitor Analysis opens with.
| Measure | SMWB | Peer median | Rank in peer set |
|---|---|---|---|
| 1-month return | -2.0% | +2.0% | 9th lowest of 21 |
| 6-month return | +140.8% | -10.3% | highest of 21 |
| Distance from 52-week high | -13.1% | -40.9% | 4th highest of 21 |
| Revenue growth (TTM) | +10.2% | -1.7% | 8th highest of 21 |
| Operating margin | -1.8% | 5.3% | 8th lowest of 21 |
| Forward P/E | 29.0× | 21.4× | 2nd most expensive of 12 |
| Growth the price implies (Req g, 7 yrs) | 28.2% | 10.2% | 3rd most demanding of 14 |
| Growth delivered (Del g) | +24.8% | +11.1% | 4th highest of 14 |
| Hurdle (Req g minus delivered) | +3.4 pp | -7.2 pp | 5th most demanding of 14 |
| Net debt / EBITDA | -10.2× | 0.6× | least indebted of 11 |
| Company | Market | Market cap | 6M return | Revenue growth | Op. margin | Forward P/E | Req g | Delivered g |
|---|---|---|---|---|---|---|---|---|
| Similarweb SMWB | United States | $724M | +141% | +10% | -2% | 29.0× | 28.2% | +24.8% |
| Pexip PEXIP.OL | Norway | $722M | -18% | +9% | 26% | 21.4× | -0.3% | +12.6% |
| CaoCao 2643.HK | Hong Kong | $725M | -59% | +38% | -3% | n/a | n/a | n/a |
| Asseco Business Solutions ABS.WA | Poland | $728M | -6% | +15% | 33% | 17.5× | 3.8% | +11.1% |
| New Trend International Logis-Tech 300532.SZ | China | $728M | -7% | +56% | 7% | n/a | n/a | n/a |
| Docebo DCBO.TO | Canada | $732M | +44% | +11% | 9% | 17.4× | 14.1% | +32.1% |
| IRESS IRE.AX | Australia | $739M | -4% | -14% | 17% | 12.8× | 10.2% | +0.5% |
| Shenzhen Tianyuan DIC Information Technology 300047.SZ | China | $743M | -32% | +14% | 1% | n/a | n/a | n/a |
| Beijing Supermap Software 300036.SZ | China | $744M | -33% | -24% | -21% | n/a | 30.5% | -1.2% |
| Sichuan Jiuyuan Yinhai Software 002777.SZ | China | $746M | -22% | -13% | 4% | 46.9× | 31.2% | +1.3% |
| SGSG Science & Technology Co., Ltd. Zhuhai 300561.SZ | China | $749M | -14% | +13% | -40% | n/a | n/a | n/a |
| Truecaller TRUE-B.ST | Sweden | $750M | +69% | -16% | 19% | 24.7× | 11.3% | +31.2% |
| AhnLab 053800.KS | South Korea | $696M | +57% | +10% | 13% | n/a | 4.5% | +8.5% |
| Enghouse Systems ENGH.TO | Canada | $695M | +1% | -5% | 19% | 13.8× | -14.5% | -0.2% |
| Lectra LSS.PA | France | $754M | +10% | -6% | 6% | 21.7× | 12.6% | +16.5% |
| Linewell Software 603636.SS | China | $755M | -2% | -42% | -111% | 22.4× | 16.4% | -11.5% |
| WingArc1st 4432.T | Japan | $755M | +29% | +15% | 30% | 15.4× | -7.6% | +11.1% |
| UBISOFT Entertainment UBI.PA | France | $692M | -15% | -27% | -87% | n/a | n/a | n/a |
| Sunyard Technology 600571.SS | China | $690M | -22% | +1% | -1% | n/a | n/a | n/a |
| Genew Technologies 688418.SS | China | $688M | -49% | -12% | -22% | 26.8× | n/a | n/a |
| Shenzhen Bingchuan Network 300533.SZ | China | $763M | -18% | -5% | -10% | n/a | 4.7% | +46.0% |
Similarweb reported $289M of remaining performance obligations at 31 Dec 2025, up 17% from a year earlier. That is 1.0 years of trailing revenue already under contract.