Similarweb (SMWB) Gross Margin (2020 - 2026)
Similarweb (SMWB) posted Gross Margin of 79.45% for Q1 2026, little changed sequentially from 79.43% in Q4 2025, and up 27.0% YoY from 62.56% in Q1 2025.
Similarweb (SMWB) Gross Margin (2020 - 2026) Analysis & Trends
Similarweb has reported Gross Margin for 7 years, with the latest figure at 79.45% in Q1 2026.
- Quarterly Gross Margin rose 27.0% year-over-year to 79.45% in Q1 2026, while the trailing twelve-month figure through Mar 2026 was 79.61% (up 134.0% YoY) and the FY2025 annual result came in at 79.55%, up 148.0% from the prior year.
- Gross Margin was little changed at 79.45% in Q1 2026 per SMWB's latest filing, from 79.43% in the prior quarter.
- Over five years, Gross Margin peaked at 80.71% in Q3 2023 and troughed at 70.43% in Q1 2022.
- A 5-year average of 77.22% and a median of 78.47% in 2024 frame the typical range for Gross Margin.
- The sharpest annual moves came in 2022 and 2023: Gross Margin sank 825 bps in 2022, then soared 819 bps in 2023.
- Over 5 years, Gross Margin stood at 75.8% in 2022, then grew by 4 bps to 79.1% in 2023, then dropped by 3 bps to 76.62% in 2024, then rose by 4 bps to 79.43% in 2025, then advanced by 0 bps to 79.45% in 2026.
- According to Business Quant data, Gross Margin over the past three periods registered 79.45%, 79.43%, and 79.67% for Q1 2026, Q4 2025, and Q3 2025 respectively.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Gross Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Sap Se | 255.48 Bn | 234.41 Bn | 16.51 Bn | 73.08% |
| 2 | Shopify | 198.95 Bn | 194.00 Bn | 1.71 Bn | 47.67% |
| 3 | Salesforce | 160.70 Bn | 148.86 Bn | 8.56 Bn | 76.92% |
| 4 | Uber Technologies | 154.94 Bn | 149.73 Bn | 6.38 Bn | 44.93% |
| 5 | ServiceNow | 128.25 Bn | 123.58 Bn | 2.82 Bn | 70.68% |
| 6 | Snowflake | 114.00 Bn | 111.05 Bn | 926.45 Mn | 66.61% |
| 7 | Automatic Data Processing | 108.58 Bn | 104.35 Bn | 2.51 Bn | 45.88% |
| 8 | Adobe | 105.34 Bn | 99.72 Bn | 5.90 Bn | 89.20% |
| 9 | Intuit | 94.55 Bn | 87.77 Bn | 7.24 Bn | 84.61% |
| 10 | Similarweb | 775.88 Mn | 769.45 Mn | 58.69 Mn | 79.45% |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 79.45% |
| Dec 31, 2025 | 79.43% |
| Sep 30, 2025 | 79.67% |
| Jun 30, 2025 | 79.89% |
| Mar 31, 2025 | 79.18% |
| Dec 31, 2024 | 76.62% |
| Sep 30, 2024 | 77.99% |
| Jun 30, 2024 | 79.31% |
| Mar 31, 2024 | 78.47% |
| Dec 31, 2023 | 79.10% |
| Sep 30, 2023 | 80.71% |
| Jun 30, 2023 | 76.57% |
| Mar 31, 2023 | 77.11% |
| Dec 31, 2022 | 75.80% |
| Sep 30, 2022 | 72.51% |
| Jun 30, 2022 | 70.57% |
| Mar 31, 2022 | 70.43% |
| Dec 31, 2021 | 73.37% |
| Sep 30, 2021 | 78.10% |
| Jun 30, 2021 | 78.49% |