Similarweb (SMWB) Operating Expenses (2020 - 2026)
Similarweb (SMWB) reported Operating Expenses of $63.1 million for Q1 2026, up 1.13% on a YoY basis from $62.4 million in Q1 2025, and up 1.0% sequentially from $62.5 million in Q4 2025.
Similarweb (SMWB) Operating Expenses (2020 - 2026) Analysis & Trends
Similarweb (SMWB) has 7 years of Operating Expenses data on file, last reported at $63.1 million in Q1 2026.
- For the quarter ending Q1 2026, Operating Expenses rose 1.13% year-over-year to $63.1 million; the trailing twelve-month figure through Mar 2026 stood at $249.1 million (up 14.14% YoY), and the FY2025 full-year result was $248.4 million, up 21.29% from the prior year.
- Operating Expenses improved to $63.1 million in Q1 2026, 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.
- A 5-year average of $55.5 million and a median of $53.8 million in 2024 frame the typical range for Operating Expenses.
- Across the five-year window, Operating Expenses soared 65.36% in 2022 and fell 15.3% in 2023, its largest moves.
- Tracing SMWB's Operating Expenses over 5 years: stood at $53.5 million in 2022, then slipped by 14.08% to $46.0 million in 2023, then grew by 17.04% to $53.8 million in 2024, then gained by 16.11% to $62.5 million in 2025, then increased by 1.0% to $63.1 million in 2026.
- Business Quant data shows SMWB's Operating Expenses at $63.1 million in Q1 2026, $62.5 million in Q4 2025, and $59.9 million in Q3 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Opex (Qtr) |
|---|---|---|---|---|---|
| 1 | Sap Se | 208.91 Bn | 189.27 Bn | 8.16 Bn | -7.98 Bn |
| 2 | Full Truck Alliance | 188.77 Bn | 186.13 Bn | - | -269.42 Mn |
| 3 | Shopify | 145.98 Bn | 140.23 Bn | 1.55 Bn | 1.16 Bn |
| 4 | Uber Technologies | 141.48 Bn | 140.44 Bn | 5.95 Bn | 11.28 Bn |
| 5 | Salesforce | 128.51 Bn | 116.67 Bn | 8.56 Bn | 6.22 Bn |
| 6 | ServiceNow | 98.38 Bn | 93.20 Bn | 2.82 Bn | 2.66 Bn |
| 7 | Automatic Data Processing | 97.56 Bn | 94.34 Bn | 2.87 Bn | 4.23 Bn |
| 8 | Snowflake | 91.55 Bn | 88.59 Bn | 926.45 Mn | 1.25 Bn |
| 9 | Cadence Design Systems | 89.91 Bn | 88.50 Bn | 1.41 Bn | 1.04 Bn |
| 10 | Similarweb | 528.02 Mn | 462.76 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 |