SMWB · SIMILARWEB LTD.
Similarweb Ltd. provides digital data and analytics for power critical business decisions in the United States, Europe, the Asia Pacific, the United Kingdom, Israel, and internationally. The company offers web intelligence solutions for its customers to benchmark performance against competitors, analyze trends in the market, conduct deeper research into specific companies, and analyze audience behavior; and solutions for its customers to understand their competitors' digital acquisition strategies on various marketing channel, and optimize their own strategies. It also provides app intelligence that allows its customers to identify trends and monitor usage and performance for mobile apps, as well as to benchmark performance against competitors across the funnel from app store downloads to usage and stickiness; sales intelligence solutions for its customers to access relevant buying signals and digital insights of their customers to generate leads quickly; and retail intelligence solutions to analyze a view of their customers' digital journeys, monitor consumer demand, increase brand visibility in the search process, and optimize category and product level conversion in the purchase process. In addition, the company offers stock intelligence solutions for its customers to access an end-to-end view of market, sector, or company performance to ideate and monitor investment opportunities; forecast market performance; and perform due diligence. Further, it provides data-as-a-service, bespoke data set, and advisory services. The company serves retail, consumer packaged goods, consumer finance, consultancies, marketing and advertising agencies, media and publishers, business-to-business software, payment processors, travel, and institutional investors, as well as luxury and premium consumer brands. Similarweb Ltd. was incorporated in 2009 and is headquartered in Givatayim, Israel.
Cap structure and valuation
| Cap structure | |
|---|---|
| SP | $7.31 |
| SO | 87.0M |
| Options | 3.2M |
| Warrants | — |
| FD SO | 90.2M |
| MC | $659.3M |
| Cash | $72.4M |
| Total debt | — |
| EV | $586.8M |
| TTM Multiples | |
|---|---|
| EV / Revenue | — |
| EV / EBITDA | — |
| MC / Net Income | — |
| EV / FCF | — |
| MC / FCF | — |
| Ownership & coverage | |
|---|---|
| Institutional | 60.5% |
| Insiders | 17.2% |
| # Institutions | 95 |
| Analysts | 5 |
| Consensus | Buy |
| Avg target | $5.80 |
| Short % float | 1.3% |
| Days to cover | 0.68 |
MC = SP × FD SO. EV = MC + Debt − Cash. SP = previous yfinance close. Balance-sheet figures as of 2025-12-31. Multiples use TTM (sum of last 4 quarters); shown as "—" when the denominator is zero or negative, or when fewer than four quarters are reported — a partial sum is not a trailing twelve months. Ownership & coverage per Yahoo Finance as of 2026-07-13 — institutional % is 13F-based, so it can lag a quarter and exceed 100% on share-count timing. Short interest per FINRA bi-monthly reporting, as of 2026-06-29; the float denominator can be unreliable on tiny floats.
This filer tags no warrant count, so FD SO counts it as zero and understates dilution — treat FD SO, MC and EV as a floor. (XBRL reports nothing both for a filer that has none and for one that simply doesn't tag them.)
Financial statements
No quarterly data available.
| 12/31/25 | 12/31/24 | 12/31/23 | 12/31/22 | |
|---|---|---|---|---|
| Total Revenue | 282.60 | 249.91 | 218.02 | 193.23 |
| Revenue YoY % | 13.1% | 14.6% | 12.8% | — |
| Cost of Revenue | 57.80 | 54.81 | 47.09 | 53.27 |
| Gross Profit | 224.80 | 195.10 | 170.93 | 139.96 |
| Gross Profit YoY % | 15.2% | 14.1% | 22.1% | — |
| Gross Margin % | 79.5% | 78.1% | 78.4% | 72.4% |
| SG&A | 175.76 | 149.17 | 143.58 | 167.91 |
| R&D | 72.60 | 55.60 | 56.16 | 59.90 |
| Operating Expense | 248.36 | 204.76 | 199.74 | 227.82 |
| Operating Income | (23.56) | (9.66) | (28.81) | (87.86) |
| Operating Income YoY % | (143.8%) | 66.5% | 67.2% | — |
| Operating Margin % | (8.3%) | (3.9%) | (13.2%) | (45.5%) |
| EBITDA | (14.57) | 0.86 | (18.55) | (77.27) |
| EBITDA Margin % | (5.2%) | 0.3% | (8.5%) | (40.0%) |
| Other Income / (Expense) | (5.21) | — | 0.94 | 4.71 |
| Pretax Income | (28.77) | (9.53) | (27.87) | (83.14) |
| Tax Provision | 4.16 | 1.93 | 1.51 | 0.52 |
| Net Income | (32.94) | (11.46) | (29.37) | (83.66) |
| Net Margin % | (11.7%) | (4.6%) | (13.5%) | (43.3%) |
| Diluted EPS | -$0.39 | -$0.14 | -$0.38 | -$1.10 |
| Basic EPS | -$0.39 | -$0.14 | -$0.38 | -$1.10 |
| Diluted Avg Shares | 84.8 | 80.8 | 77.8 | 75.7 |
| Basic Avg Shares | 84.8 | 80.8 | 77.8 | 75.7 |
No quarterly data available.
| 12/31/25 | 12/31/24 | 12/31/23 | 12/31/22 | |
|---|---|---|---|---|
| Cash & Equivalents | 72.42 | 63.87 | 71.73 | 77.81 |
| Receivables | 54.06 | 50.98 | 47.87 | 38.14 |
| Other Current Assets | 23.86 | 26.51 | 26.78 | 26.23 |
| Total Current Assets | 150.34 | 141.36 | 146.38 | 142.18 |
| Net PPE | 22.04 | 25.92 | 28.63 | 31.82 |
| Operating Lease ROU | 34.42 | 34.39 | 36.01 | 40.82 |
| Goodwill | 38.81 | 25.27 | 12.87 | 12.87 |
| Intangible Assets | 6.77 | 5.58 | 4.79 | 9.56 |
| Other Assets | 8.76 | 10.39 | 10.34 | 8.79 |
| Total Assets | 261.14 | 242.91 | 239.01 | 246.04 |
| Accounts Payable | 13.87 | 12.40 | 8.42 | 7.14 |
| Current Lease Liabilities | 8.84 | 6.92 | 7.09 | 9.09 |
| Other Current Liabilities | 173.85 | 157.87 | 168.67 | 164.70 |
| Total Current Liabilities | 196.56 | 177.19 | 184.19 | 180.93 |
| Long-term Lease Liabilities | 34.45 | 32.81 | 35.33 | 40.08 |
| Other Liabilities | 6.80 | 5.40 | 3.95 | 3.09 |
| Total Liabilities | 237.82 | 215.40 | 223.47 | 224.09 |
| Mezzanine Equity | — | — | 0.00 | 0.00 |
| Retained Earnings | (397.49) | (364.56) | (353.10) | (323.73) |
| Total Equity | 23.33 | 27.51 | 15.55 | 21.95 |
No quarterly data available.
| 12/31/25 | 12/31/24 | 12/31/23 | 12/31/22 | |
|---|---|---|---|---|
| Net Income | (32.94) | (11.46) | (29.37) | (83.66) |
| D&A | 8.99 | 10.53 | 10.26 | 10.58 |
| Stock-Based Comp | 21.24 | 17.61 | 18.13 | 16.99 |
| Δ Working Cap & Other | 17.35 | 13.49 | (2.05) | 10.03 |
| Operating Cash Flow | 14.64 | 30.17 | (3.04) | (46.06) |
| CapEx | (1.49) | (1.43) | (1.56) | (28.26) |
| Acquisitions | (15.79) | (15.41) | 0.00 | (3.79) |
| Other Investing | 4.05 | (1.86) | (1.03) | (0.96) |
| Investing Cash Flow | (13.23) | (18.70) | (2.59) | (33.01) |
| Debt Repayment | 0.00 | (25.00) | 0.00 | — |
| Other Financing | 6.91 | 6.16 | 1.19 | 29.12 |
| Financing Cash Flow | 6.91 | (18.84) | 1.19 | 29.12 |
| Effect of FX on Cash | 0.23 | (0.50) | (1.65) | (1.11) |
| Free Cash Flow | 13.15 | 28.74 | (4.60) | (74.32) |
No quarterly data available.
| 12/31/25 | 12/31/24 | 12/31/23 | 12/31/22 | |
|---|---|---|---|---|
| Current Ratio | 0.76 | 0.80 | 0.79 | 0.79 |
| Quick Ratio | — | — | — | — |
| Debt / Equity | 10.20 | 7.83 | 14.37 | 10.21 |
| EBITDA Margin % | (5.2%) | 0.3% | (8.5%) | (40.0%) |
| Working Capital | (46.22) | (35.84) | (37.80) | (38.75) |
| Net Debt | — | — | — | — |
| ROE % | (141.2%) | (41.6%) | (188.9%) | (381.1%) |
| ROA % | (12.6%) | (4.7%) | (12.3%) | (34.0%) |
Insider activity (last 2 years)
| Date Filed | Reporter | Relationship | Trans. Date | Code | Shares | Price | Total Value |
|---|---|---|---|---|---|---|---|
| 2026-06-02 | Offer Or | Director, Officer (Chief Executive Officer) | 2026-06-01 | P | 50,000 | $4.15 | $207,500 |
| 2026-05-22 | Eilam Barak | Director | 2026-05-21 | P | 50,000 | $3.86 | $193,000 |
| 2026-05-21 | Beit-On Harel Moshe | Director | 2026-05-20 | P | 75,000 | $3.89 | $291,750 |
| 2026-05-20 | Offer Or | Director, Officer (Chief Executive Officer) | 2026-05-19 | P | 50,000 | $3.58 | $179,000 |
| 2026-05-20 | Offer Or | Director, Officer (Chief Executive Officer) | 2026-05-19 | P | 3,000 | $3.55 | $10,650 |
| 2026-05-20 | Offer Or | Director, Officer (Chief Executive Officer) | 2026-05-18 | P | 3,105 | $3.20 | $9,936 |
| 2026-05-19 | Rapaport-Dagim Tamar | Director | 2026-05-18 | P | 40,000 | $3.22 | $128,880 |