Double-Figure Revenue Growth for Similarweb

Decision data and analytics company Similarweb has announced financial results for the fourth quarter and full year 2025. Total revenue was up 13% to $282.6m, but the company reported a GAAP net loss of $32.9m, while adjusted net income fell from 6% of revenue to 3% ($9.1m).

Tel Aviv-based Similarweb provides software to help clients understand online behavior, including the behavior of visitors to sites similar to their own. In the last two years the firm has acquired Chilean ad intelligence specialist Admetricks and Swiss app intelligence provider 42matters, and last week it launched an intelligence solution called AI Studio, which combines its proprietary digital intelligence with expert AI agents.

The company's Q4 saw revenue up 11% to $72.8m, with a slight improvement in non-GAAP operating profit, to $3.4m (5% of revenue). On paper the firm reported a loss from operations of $4.7m (6% of revenue). At the end of the year the company had around 11% more customers than 12 months previously.

Co-founder and CEO Or Offer (pictured) says of the results: 'While the scale of new larger, multi-year opportunities has resulted in longer sales cycles and revenue growth did not yet accelerate in the fourth quarter as we expected, the demand we see in the pipeline and the steps we have taken to upskill and specialize our sales force reinforce our confidence in our strategy to build an AI-driven data powerhouse that delivers profitable growth.' The firm is predicting full year 2026 revenue up around 10% again, to between $305m and $315m.

Web site: www.similarweb.com .

All articles 2006-23 written and edited by Mel Crowther and/or Nick Thomas, 2024- by Nick Thomas, unless otherwise stated.