Similarweb (SMWB) Tax Rate (2021 - 2026)
Similarweb's (SMWB) quarterly Tax Rate came in at 26.18% in Q1 2026, down 1441.0% year-on-year from 1.95% in Q1 2025, and down 41.98% quarter-over-quarter from 18.44% in Q4 2025.
Similarweb (SMWB) Tax Rate (2021 - 2026) Analysis & Trends
Similarweb has disclosed Tax Rate across 6 years of filings, most recently posting 26.18% for Q1 2026.
- Tax Rate for Q1 2026 came in at 26.18%, down 1441.0% year-over-year; the trailing twelve-month figure through Mar 2026 was 17.65% (down 226.0% YoY), and the FY2025 annual result was 14.46%, up 576.0% from the prior year.
- Tax Rate came in at 26.18% for Q1 2026 at Similarweb, down from 18.44% in the prior quarter.
- In the past five years, Tax Rate ranged from a high of 1.17% in Q3 2022 to a low of 467.69% in Q2 2024.
- The 5-year median for Tax Rate is 11.77% (2025), against an average of 37.44%.
- Across the five-year window, Tax Rate tumbled 46610 bps in 2024 and jumped 45520 bps in 2025, its largest moves.
- Similarweb's Tax Rate stood at 2.17% in 2022, then plunged by 245 bps to 7.51% in 2023, then slumped by 117 bps to 16.28% in 2024, then slipped by 13 bps to 18.44% in 2025, then plunged by 42 bps to 26.18% in 2026.
- The last three Tax Rate figures came in at 26.18% (Q1 2026), 18.44% (Q4 2025), and 19.41% (Q3 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Tax Rate (Qtr) |
|---|---|---|---|---|---|
| 1 | Sap Se | 238.14 Bn | 220.17 Bn | 8.16 Bn | - |
| 2 | Full Truck Alliance | 166.83 Bn | 164.28 Bn | - | -18.42% |
| 3 | Uber Technologies | 150.36 Bn | 149.32 Bn | 11.88 Bn | 39.11% |
| 4 | Shopify | 147.75 Bn | 142.01 Bn | 1.55 Bn | 8.36% |
| 5 | Salesforce | 140.39 Bn | 128.55 Bn | 8.56 Bn | 22.74% |
| 6 | Cadence Design Systems | 105.73 Bn | 104.32 Bn | 1.26 Bn | 21.59% |
| 7 | ServiceNow | 105.42 Bn | 100.24 Bn | 2.83 Bn | 30.31% |
| 8 | Automatic Data Processing | 89.57 Bn | 86.34 Bn | 2.87 Bn | 23.68% |
| 9 | Adobe | 85.05 Bn | 78.16 Bn | 5.90 Bn | 23.50% |
| 10 | Similarweb | 442.49 Mn | 370.07 Mn | 58.69 Mn | -26.18% |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | -26.18% |
| Mar 31, 2026 | -26.18% |
| Dec 31, 2025 | -18.44% |
| Dec 31, 2025 | -18.44% |
| Sep 30, 2025 | -19.41% |
| Sep 30, 2025 | -19.41% |
| Jun 30, 2025 | -12.49% |
| Jun 30, 2025 | -12.49% |
| Mar 31, 2025 | -11.77% |
| Mar 31, 2025 | -11.77% |
| Dec 31, 2024 | -16.28% |
| Dec 31, 2024 | -16.28% |
| Sep 30, 2024 | -2.23% |
| Sep 30, 2024 | -2.23% |
| Jun 30, 2024 | -467.69% |
| Jun 30, 2024 | -467.69% |
| Mar 31, 2024 | -22.61% |
| Mar 31, 2024 | -22.61% |
| Dec 31, 2023 | -7.51% |
| Dec 31, 2023 | -7.51% |