Similarweb Ltd. ( (SMWB) ) has released its Q3 earnings. Here is a breakdown of the information Similarweb Ltd. presented to its investors.
Meet Your ETF AI Analyst
- Discover how TipRanks' ETF AI Analyst can help you make smarter investment decisions
- Explore ETFs TipRanks' users love and see what insights the ETF AI Analyst reveals about the ones you follow.
Similarweb Ltd., a digital data and analytics company, provides businesses with essential web and app data to drive critical business decisions. Operating in the digital analytics sector, Similarweb is known for its comprehensive data solutions that empower users to discover business opportunities and optimize strategies.
In its third-quarter 2025 earnings report, Similarweb Ltd. reported an 11% increase in revenue, marking the eighth consecutive quarter of positive free cash flow. The company also saw a 15% increase in its customer base, reflecting sustained demand for its digital data solutions.
Key financial highlights include a total revenue of $71.8 million, up from $64.7 million in the same quarter of 2024. Despite a GAAP net loss of $4.3 million, the company achieved a non-GAAP net income of $4.4 million. The number of customers with annual recurring revenue (ARR) of $100,000 or more grew by 13%, contributing significantly to the total ARR.
Looking ahead, Similarweb’s management remains optimistic about future growth, with a projected revenue increase of approximately 15% for the fiscal year 2025. The company continues to focus on expanding its offerings in generative AI data and solutions, which are among its fastest-growing revenue streams.