Similarweb (SMWB) Operating Expenses (2020 - 2026)
Similarweb's Operating Expenses came in at $61.57 million for the quarter ended Jun 30, 2026, down 3.2% from $63.58 million a year earlier and down 2.4% from the prior quarter.
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Analysis
Similarweb (SMWB) Operating Expenses (2020 - 2026) Analysis & Trends
Over the trailing twelve months to Jun 30, 2026, Similarweb reported Operating Expenses of $247.05 million, up 6.2% year-over-year; for the year ended Dec 31, 2025, it was $248.36 million, up 21.3% from the prior year.
- Operating Expenses carries a five-year compound annual growth rate of 22.0% (years ended Dec 2020 to Dec 2025).
- Going back by year, Operating Expenses was $204.76 million in the year ended Dec 31, 2024 (+2.5%), $199.74 million in the year ended Dec 31, 2023 (-12.3%), $227.82 million in the year ended Dec 31, 2022 (+32.4%) and $172.02 million in the year ended Dec 31, 2021 (+87.5%).
- The five-year range for quarterly Operating Expenses is $44.52 million (the quarter ended Sep 30, 2021) to $63.58 million (the quarter ended Jun 30, 2025).
- Year-over-year, Operating Expenses increased in seven of the last eight quarters, with growth averaging 13.6%.
- The fastest year-over-year change in Operating Expenses over five years came in the quarter ended Dec 31, 2021 (growth of 93.5%), and the weakest in the quarter ended Jun 30, 2023 (a decline of 15.3%).
- Business Quant data shows SMWB's Operating Expenses at $63.11 million (quarter ended Mar 31, 2026), $62.49 million (quarter ended Dec 31, 2025) and $59.88 million (quarter ended Sep 30, 2025) in the three quarters before the quarter ended Jun 30, 2026.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Opex (Qtr) |
|---|---|---|---|---|---|
| 1 | Palantir Technologies | 449.27 Bn | 418.33 Bn | 1.64 Bn | 726.59 Mn |
| 2 | Oracle | 417.01 Bn | 289.56 Bn | - | 12.62 Bn |
| 3 | Sap Se | 258.97 Bn | 180.05 Bn | 8.40 Bn | -8.41 Bn |
| 4 | Salesforce | 185.51 Bn | 141.38 Bn | 8.70 Bn | 6.37 Bn |
| 5 | ServiceNow | 134.41 Bn | 112.87 Bn | 2.82 Bn | 2.66 Bn |
| 6 | Automatic Data Processing | 104.14 Bn | 86.27 Bn | 2.51 Bn | 4.34 Bn |
| 7 | Intuit | 71.93 Bn | 51.28 Bn | 3.44 Bn | 3.88 Bn |
| 8 | Relx | 60.47 Bn | 57.43 Bn | - | - |
| 9 | Strategy | 54.44 Bn | 47.43 Bn | 81.55 Mn | 8.41 Bn |
| 10 | Similarweb | 669.61 Mn | 392.56 Mn | 62.31 Mn | 61.57 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 61.57 Mn |
| 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 |
API Access
Similarweb Operating Expenses API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=operating-expenses&ticker=SMWB&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "operating-expenses", "ticker": "SMWB", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=operating-expenses&ticker=SMWB&period=max&api_key=YOUR_API_KEY");
const data = await res.json();