Similarweb (SMWB) Operating Expenses (2020 - 2026)

Similarweb's (SMWB) quarterly Operating Expenses came in at $63.1 million in Q1 2026, up 1.13% year-on-year from $62.4 million in Q1 2025, and up 1.0% quarter-over-quarter from $62.5 million in Q4 2025.

Similarweb (SMWB) Operating Expenses (2020 - 2026) Analysis & Trends

Similarweb has disclosed Operating Expenses across 7 years of filings, most recently posting $63.1 million for Q1 2026.

  • Operating Expenses for Q1 2026 came in at $63.1 million, up 1.13% year-over-year; the trailing twelve-month figure through Mar 2026 was $249.1 million (up 14.14% YoY), and the FY2025 annual result was $248.4 million, up 21.29% from the prior year.
  • Operating Expenses came in at $63.1 million for Q1 2026 at Similarweb, up from $62.5 million in the prior quarter.
  • In the past five years, Operating Expenses ranged from a high of $63.6 million in Q2 2025 to a low of $46.0 million in Q4 2023.
  • The 5-year median for Operating Expenses is $53.8 million (2024), against an average of $55.5 million.
  • Across the five-year window, Operating Expenses soared 65.36% in 2022 and fell 15.3% in 2023, its largest moves.
  • Similarweb's Operating Expenses stood at $53.5 million in 2022, then dropped by 14.08% to $46.0 million in 2023, then increased by 17.04% to $53.8 million in 2024, then advanced by 16.11% to $62.5 million in 2025, then rose by 1.0% to $63.1 million in 2026.
  • The last three Operating Expenses figures came in at $63.1 million (Q1 2026), $62.5 million (Q4 2025), and $59.9 million (Q3 2025), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Opex (Qtr)
1 Sap Se 238.14 Bn 220.17 Bn 8.16 Bn -7.98 Bn
2 Full Truck Alliance 166.83 Bn 164.28 Bn - -269.42 Mn
3 Uber Technologies 150.36 Bn 149.32 Bn 11.88 Bn 11.28 Bn
4 Shopify 147.75 Bn 142.01 Bn 1.55 Bn 1.16 Bn
5 Salesforce 140.39 Bn 128.55 Bn 8.56 Bn 6.22 Bn
6 Cadence Design Systems 105.73 Bn 104.32 Bn 1.26 Bn 1.04 Bn
7 ServiceNow 105.42 Bn 100.24 Bn 2.83 Bn 2.33 Bn
8 Automatic Data Processing 89.57 Bn 86.34 Bn 2.87 Bn 4.23 Bn
9 Adobe 85.05 Bn 78.16 Bn 5.90 Bn 3.67 Bn
10 Similarweb 442.49 Mn 370.07 Mn 58.69 Mn 63.11 Mn

Historic Data

Download Data
DateValue
Mar 31, 2026 63.11 Mn
Dec 31, 2025 62.49 Mn
Sep 30, 2025 59.88 Mn
Jun 30, 2025 63.58 Mn
Mar 31, 2025 62.41 Mn
Dec 31, 2024 53.82 Mn
Sep 30, 2024 52.93 Mn
Jun 30, 2024 49.05 Mn
Mar 31, 2024 48.97 Mn
Dec 31, 2023 45.98 Mn
Sep 30, 2023 49.14 Mn
Jun 30, 2023 50.86 Mn
Mar 31, 2023 53.75 Mn
Dec 31, 2022 53.51 Mn
Sep 30, 2022 56.89 Mn
Jun 30, 2022 60.05 Mn
Mar 31, 2022 57.37 Mn
Dec 31, 2021 52.36 Mn
Sep 30, 2021 44.52 Mn
Jun 30, 2021 40.45 Mn