Similarweb (SMWB) Operating Expenses (2020 - 2026)
Similarweb (SMWB) posted Operating Expenses of $63.1 million for Q1 2026, up 1.0% sequentially from $62.5 million in Q4 2025, and up 1.13% YoY from $62.4 million in Q1 2025.
Similarweb (SMWB) Operating Expenses (2020 - 2026) Analysis & Trends
Similarweb has reported Operating Expenses for 7 years, with the latest figure at $63.1 million in Q1 2026.
- Quarterly Operating Expenses rose 1.13% year-over-year to $63.1 million in Q1 2026, while the trailing twelve-month figure through Mar 2026 was $249.1 million (up 14.14% YoY) and the FY2025 annual result came in at $248.4 million, up 21.29% from the prior year.
- Operating Expenses improved to $63.1 million in Q1 2026 per SMWB's latest filing, from $62.5 million in the prior quarter.
- Over five years, Operating Expenses peaked at $63.6 million in Q2 2025 and troughed at $46.0 million in Q4 2023.
- A 5-year average of $55.5 million and a median of $53.8 million in 2024 frame the typical range for Operating Expenses.
- The sharpest annual moves came in 2022 and 2023: Operating Expenses surged 65.36% in 2022, then decreased 15.3% in 2023.
- Over 5 years, Operating Expenses stood at $53.5 million in 2022, then fell by 14.08% to $46.0 million in 2023, then gained by 17.04% to $53.8 million in 2024, then grew by 16.11% to $62.5 million in 2025, then advanced by 1.0% to $63.1 million in 2026.
- According to Business Quant data, Operating Expenses over the past three periods registered $63.1 million, $62.5 million, and $59.9 million for Q1 2026, Q4 2025, and Q3 2025 respectively.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Opex (Qtr) |
|---|---|---|---|---|---|
| 1 | Sap Se | 255.48 Bn | 234.41 Bn | 16.51 Bn | -16.33 Bn |
| 2 | Shopify | 198.95 Bn | 194.00 Bn | 1.71 Bn | 1.22 Bn |
| 3 | Salesforce | 160.70 Bn | 148.86 Bn | 8.56 Bn | 6.22 Bn |
| 4 | Uber Technologies | 154.94 Bn | 149.73 Bn | 6.38 Bn | 12.30 Bn |
| 5 | ServiceNow | 128.25 Bn | 123.58 Bn | 2.82 Bn | 2.66 Bn |
| 6 | Snowflake | 114.00 Bn | 111.05 Bn | 926.45 Mn | 1.25 Bn |
| 7 | Automatic Data Processing | 108.58 Bn | 104.35 Bn | 2.51 Bn | 4.34 Bn |
| 8 | Adobe | 105.34 Bn | 99.72 Bn | 5.90 Bn | 3.67 Bn |
| 9 | Intuit | 94.55 Bn | 87.77 Bn | 7.24 Bn | 4.54 Bn |
| 10 | Similarweb | 775.88 Mn | 769.45 Mn | 58.69 Mn | 63.11 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| 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 |