Similarweb (SMWB) Tax Rate (2020 - 2026)
Similarweb (SMWB) posted Tax Rate of 26.18% for Q1 2026, down 41.98% sequentially from 18.44% in Q4 2025, and down 1441.0% YoY from 1.95% in Q1 2025.
Similarweb (SMWB) Tax Rate (2020 - 2026) Analysis & Trends
Similarweb has reported Tax Rate for 7 years, with the latest figure at 26.18% in Q1 2026.
- Quarterly Tax Rate fell 1441.0% year-over-year to 26.18% in Q1 2026, while the trailing twelve-month figure through Mar 2026 was 17.65% (down 226.0% YoY) and the FY2025 annual result came in at 14.46%, up 576.0% from the prior year.
- Tax Rate retreated to 26.18% in Q1 2026 per SMWB's latest filing, from 18.44% in the prior quarter.
- Over five years, Tax Rate peaked at 1.17% in Q3 2022 and troughed at 467.69% in Q2 2024.
- A 5-year average of 37.44% and a median of 11.77% in 2025 frame the typical range for Tax Rate.
- The sharpest annual moves came in 2024 and 2025: Tax Rate tumbled 46610 bps in 2024, then soared 45520 bps in 2025.
- Over 5 years, 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 declined by 13 bps to 18.44% in 2025, then plunged by 42 bps to 26.18% in 2026.
- According to Business Quant data, Tax Rate over the past three periods registered 26.18%, 18.44%, and 19.41% for Q1 2026, Q4 2025, and Q3 2025 respectively.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Tax Rate (Qtr) |
|---|---|---|---|---|---|
| 1 | Sap Se | 255.48 Bn | 234.41 Bn | 16.51 Bn | -27.76% |
| 2 | Shopify | 198.95 Bn | 194.00 Bn | 1.71 Bn | 15.38% |
| 3 | Salesforce | 160.70 Bn | 148.86 Bn | 8.56 Bn | 22.57% |
| 4 | Uber Technologies | 154.94 Bn | 149.73 Bn | 6.38 Bn | 25.63% |
| 5 | ServiceNow | 128.25 Bn | 123.58 Bn | 2.82 Bn | 31.96% |
| 6 | Snowflake | 114.00 Bn | 111.05 Bn | 926.45 Mn | 0.37% |
| 7 | Automatic Data Processing | 108.58 Bn | 104.35 Bn | 2.51 Bn | 22.20% |
| 8 | Adobe | 105.34 Bn | 99.72 Bn | 5.90 Bn | 23.50% |
| 9 | Intuit | 94.55 Bn | 87.77 Bn | 7.24 Bn | 24.29% |
| 10 | Similarweb | 775.88 Mn | 769.45 Mn | 58.69 Mn | -26.18% |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | -26.18% |
| Mar 31, 2026 | -26.18% |
| Mar 31, 2026 | -26.18% |
| Dec 31, 2025 | -18.44% |
| Dec 31, 2025 | -18.44% |
| Dec 31, 2025 | -18.44% |
| Sep 30, 2025 | -19.41% |
| Sep 30, 2025 | -19.41% |
| Sep 30, 2025 | -19.41% |
| Jun 30, 2025 | -12.49% |
| Jun 30, 2025 | -12.49% |
| Jun 30, 2025 | -12.49% |
| Mar 31, 2025 | -11.77% |
| Mar 31, 2025 | -11.77% |
| Mar 31, 2025 | -11.77% |
| Dec 31, 2024 | -16.28% |
| Dec 31, 2024 | -16.28% |
| Dec 31, 2024 | -16.28% |
| Sep 30, 2024 | -2.23% |
| Sep 30, 2024 | -2.23% |