Similarweb (SMWB) Cost of Revenue (2020 - 2026)
Similarweb's (SMWB) quarterly Cost of Revenue came in at $30.9 million in Q1 2026, down 3.84% year-on-year from $32.2 million in Q1 2025, and up 1.46% quarter-over-quarter from $30.5 million in Q4 2025.
Similarweb (SMWB) Cost of Revenue (2020 - 2026) Analysis & Trends
Similarweb has disclosed Cost of Revenue across 7 years of filings, most recently posting $30.9 million for Q1 2026.
- Cost of Revenue for Q1 2026 came in at $30.9 million, down 3.84% year-over-year; the trailing twelve-month figure through Mar 2026 was $122.4 million (up 8.93% YoY), and the FY2025 annual result was $123.7 million, up 17.25% from the prior year.
- Cost of Revenue came in at $30.9 million for Q1 2026 at Similarweb, up from $30.5 million in the prior quarter.
- In the past five years, Cost of Revenue ranged from a high of $32.2 million in Q1 2025 to a low of $21.8 million in Q4 2023.
- The 5-year median for Cost of Revenue is $29.2 million (2025), against an average of $28.5 million.
- Across the five-year window, Cost of Revenue surged 54.81% in 2022 and fell 27.45% in 2023, its largest moves.
- Similarweb's Cost of Revenue stood at $30.1 million in 2022, then decreased by 27.45% to $21.8 million in 2023, then advanced by 26.27% to $27.6 million in 2024, then climbed by 10.53% to $30.5 million in 2025, then gained by 1.46% to $30.9 million in 2026.
- The last three Cost of Revenue figures came in at $30.9 million (Q1 2026), $30.5 million (Q4 2025), and $29.2 million (Q3 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Cost of Rev (Qtr) |
|---|---|---|---|---|---|
| 1 | Sap Se | 238.14 Bn | 220.17 Bn | 8.16 Bn | 3.02 Bn |
| 2 | Full Truck Alliance | 166.83 Bn | 164.28 Bn | - | 55.33 Mn |
| 3 | Uber Technologies | 150.36 Bn | 149.32 Bn | 11.88 Bn | 1.33 Bn |
| 4 | Shopify | 147.75 Bn | 142.01 Bn | 1.55 Bn | 1.62 Bn |
| 5 | Salesforce | 140.39 Bn | 128.55 Bn | 8.56 Bn | 3.77 Bn |
| 6 | Cadence Design Systems | 105.73 Bn | 104.32 Bn | 1.26 Bn | 211.49 Mn |
| 7 | ServiceNow | 105.42 Bn | 100.24 Bn | 2.83 Bn | 940.00 Mn |
| 8 | Automatic Data Processing | 89.57 Bn | 86.34 Bn | 2.87 Bn | 3.07 Bn |
| 9 | Adobe | 85.05 Bn | 78.16 Bn | 5.90 Bn | 715.00 Mn |
| 10 | Similarweb | 442.49 Mn | 370.07 Mn | 58.69 Mn | 30.92 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 30.92 Mn |
| Mar 31, 2026 | 30.92 Mn |
| Dec 31, 2025 | 30.48 Mn |
| Dec 31, 2025 | 30.48 Mn |
| Sep 30, 2025 | 29.21 Mn |
| Sep 30, 2025 | 29.21 Mn |
| Jun 30, 2025 | 31.82 Mn |
| Jun 30, 2025 | 31.82 Mn |
| Mar 31, 2025 | 32.16 Mn |
| Mar 31, 2025 | 32.16 Mn |
| Dec 31, 2024 | 27.57 Mn |
| Dec 31, 2024 | 27.57 Mn |
| Sep 30, 2024 | 26.81 Mn |
| Sep 30, 2024 | 26.81 Mn |
| Jun 30, 2024 | 25.86 Mn |
| Jun 30, 2024 | 25.86 Mn |
| Mar 31, 2024 | 25.24 Mn |
| Mar 31, 2024 | 25.24 Mn |
| Dec 31, 2023 | 21.84 Mn |
| Dec 31, 2023 | 21.84 Mn |