Company Analysis

Similarweb Ltd. (SMWB)

NYSE: SMWB · Services-Computer Programming, Data Processing, Etc. · filing with the SEC since 2021
Grade4.8
◀ Past 5.2● Present 4.4▶ Future 4.8
1 est.

Income statement, as filed

In thousands of US dollars (USD), as filed; per-share figures in US dollars; share counts. The fiscal year ends in December.
Income statement, by fiscal year, newest first
Fiscal yearFY 2025FY 2024FY 2023FY 2022FY 2021FY 2020FY 2019
Period endingDec 31, 2025Dec 31, 2024Dec 31, 2023Dec 31, 2022Dec 31, 2021Dec 31, 2020Dec 31, 2019
Report filedMar 2, 2026Feb 27, 2025Feb 28, 2024Mar 23, 2023Mar 25, 2022··
Revenue282,600249,913218,019193,234137,66893,48670,590
Cost of revenue57,80254,81447,09053,27431,75221,41720,512
Gross profit224,798195,099170,929139,960105,91672,06950,078
Research and development72,60255,59656,15859,90444,37822,08616,212
Sales and marketing123,667105,476101,198122,63593,84453,69038,934
General and administrative52,09343,69142,38045,27733,80115,96711,044
Total operating expenses248,362204,763199,736227,816172,02391,74366,190
Operating income-23,564-9,664-28,807-87,856-66,107-19,674-16,112
Interest expense····1,8911,6821,137
Interest income (expense), net-5,2101349414,421-1,891-1,682·
Other income (expense), net·0029000·
Income before income taxes-28,774-9,530-27,866-83,145-67,998-21,356-17,249
Income tax expense4,1621,9271,507516981640458
Net income including non-controlling interests-32,936-11,457-29,373-83,661-68,979-21,996-17,707
Net income-32,936-11,457-29,373-83,661-68,979-21,996-17,707
Preferred dividends···008250
Net income to common shareholders···-83,661-68,979-22,821-17,707
Earnings per share, basic-0.39-0.14-0.38-1.10-1.30-1.58-1.32
Earnings per share, diluted-0.39-0.14-0.38-1.10-1.30-1.58-1.32
Weighted average shares, basic84,817,19580,825,69577,752,96075,718,62353,201,60314,442,17213,427,020
Weighted average shares, diluted84,817,19580,825,69577,752,96075,718,62353,201,60314,442,17213,427,020
As filed with the SEC, each figure from the newest report that carries it, and linked to it. Nothing here is computed.A dot is a line not tagged for that period. r restated by the company in a later report; b a share figure put on the newest basis or filed in the wrong unit. Hover a figure for its filing and note.
What each line is, and the XBRL concept behind it
Revenue what customers paid for what it soldus-gaap:RevenueFromContractWithCustomerExcludingAssessedTax
Cost of revenue what it cost to make or buy what it soldus-gaap:CostOfRevenue
Gross profit revenue less the cost of what it soldus-gaap:GrossProfit
Research and development spent on inventing what it sells nextus-gaap:ResearchAndDevelopmentExpense
Sales and marketing the cost of finding and serving customersus-gaap:SellingAndMarketingExpense
General and administrative the cost of running the company itselfus-gaap:GeneralAndAdministrativeExpense
Total operating expenses the running costs togetherus-gaap:OperatingExpenses
Operating income profit from running the business, before interest and taxus-gaap:OperatingIncomeLoss
Interest expense what its borrowing costus-gaap:InterestExpense
Interest income (expense), net interest earned less interest paid, outside the businessus-gaap:InterestIncomeExpenseNonoperatingNet
Other income (expense), net gains and costs outside the businessus-gaap:OtherNonoperatingIncomeExpense
Income before income taxes profit before taxus-gaap:IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
Income tax expense tax charged on the period's profitus-gaap:IncomeTaxExpenseBenefit
Net income including non-controlling interests the whole group's profit, minority holders' share includedus-gaap:ProfitLoss
Net income the profit or loss that belongs to the company's shareholdersus-gaap:NetIncomeLoss
Preferred dividends paid to preferred holders before common shareholdersus-gaap:PreferredStockDividendsIncomeStatementImpact
Net income to common shareholders what is left for common shareholdersus-gaap:NetIncomeLossAvailableToCommonStockholdersBasic
Earnings per share, basic net income per share outstandingus-gaap:EarningsPerShareBasic
Earnings per share, diluted net income per share, counting every share that could be issuedus-gaap:EarningsPerShareDiluted
Weighted average shares, basic the average count of shares outstandingus-gaap:WeightedAverageNumberOfSharesOutstandingBasic
Weighted average shares, diluted the average count with every share that could be issuedus-gaap:WeightedAverageNumberOfDilutedSharesOutstanding
SI Assistanton SMWB · research, not advice