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| 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 |