Similarweb (SMWB) Operating Expenses (2020 - 2026)
Similarweb's (SMWB) quarterly Operating Expenses came in at $61.6 million in Q2 2026, down 3.17% year-over-year from $63.6 million in Q2 2025, and down 2.44% quarter-over-quarter from $63.1 million in Q1 2026.
Analysis
Similarweb (SMWB) Operating Expenses (2020 - 2026) Analysis & Trends
Similarweb has disclosed Operating Expenses across 7 years of filings, most recently posting $61.6 million for Q2 2026.
- In Q2 2026, Operating Expenses fell 3.17% year-over-year to $61.6 million; the TTM figure through Jun 2026 stood at $247.1 million (up 6.15% YoY), while the FY2025 annual figure was $248.4 million, up 21.29% from the prior year.
- Operating Expenses came in at $61.6 million for Q2 2026 at Similarweb, down from $63.1 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.
- Average Operating Expenses over 5 years is $55.9 million, with a median of $55.4 million recorded in 2022.
- Year-over-year, Operating Expenses jumped 65.36% in 2022 and retreated 15.3% in 2023.
- Over 5 years, 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 declined by 1.47% to $61.6 million in 2026.
- Per Business Quant data, the three most recent Operating Expenses figures were $61.6 million in Q2 2026, $63.1 million in Q1 2026, and $62.5 million in Q4 2025.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Opex (Qtr) |
|---|---|---|---|---|---|
| 1 | Palantir Technologies | 418.90 Bn | 409.60 Bn | 1.64 Bn | 726.59 Mn |
| 2 | Relx | 64.63 Bn | 64.32 Bn | - | - |
| 3 | Strategy | 50.26 Bn | 47.81 Bn | 81.55 Mn | 8.41 Bn |
| 4 | Fair Isaac | 20.13 Bn | 19.88 Bn | 587.17 Mn | 311.56 Mn |
| 5 | NIQ Global Intelligence | 5.43 Bn | 5.25 Bn | 624.20 Mn | 1.06 Bn |
| 6 | Amplitude | 3.25 Bn | 3.07 Bn | 69.10 Mn | 104.28 Mn |
| 7 | Similarweb | 768.75 Mn | 694.84 Mn | 62.31 Mn | 61.57 Mn |
| 8 | Realloys | 694.70 Mn | 694.70 Mn | 475,000.00 | 37.61 Mn |
| 9 | Cognyte Software | 618.97 Mn | 533.72 Mn | 76.27 Mn | 71.87 Mn |
| 10 | Marketwise | 291.78 Mn | 25.05 Mn | 64.70 Mn | 80.06 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 |