NYSE$SMWB

Similarweb · Q2 2026 earnings

Q2 2026 earnings · · Before market open · Investor relations

Briefing

Similarweb reported Q2 2026 revenue of $77.2 million, up 9% YoY, with its first quarter of positive GAAP operating profit.

Similarweb delivered strong Q2 2026 results with revenue and non-GAAP operating profit exceeding guidance. The company achieved positive GAAP operating profit for the first time, raised full-year guidance, and saw overall NRR reach 100% alongside significant multi-year contract wins.

  • Revenue reached $77.2 million, a 9% increase from $71.0 million in Q2 2025, beating the top end of guidance.
  • GAAP operating profit turned positive at $0.7 million (1% margin), compared to a $6.9 million loss last year.
  • Non-GAAP operating profit rose to $6.5 million (8% margin) and non-GAAP EPS was $0.06.
  • RPO grew 26% YoY to $345.3 million; raised FY 2026 revenue guidance to $314–318 million.

Headline financials

Total Revenue

$77.2M

Previous: $71M+8.7%
EPS (adj)

$0.06

Previous: $0.01+500.0%
Customers with $100k+ ARR

473

No prior period
Large customers % of ARR

69.0%

No prior period
Overall NRR

100.0%

No prior period
Large customer NRR

107.0%

No prior period
Multi-year ARR %

66.0%

No prior period
Remaining performance obligations

$345M

Previous: $274M+26.1%
Free Cash Flow

$8.7M

Previous: $2.7M+222.2%
Net Income

-$3.6M

Previous: -$11.8M+69.5%
Operating Income

$700K

Previous: -$6.9M+110.1%
Cash & Equivalents

$73.9M

Previous: $59.3M+24.6%

Revenue & EPS history

Similarweb · Revenue · Quarterly

$77.2M

Q2 2026+8.7%vs Q2 2025
Beat estimate in 11 of 15 quarters(73%)
ActualEstimate

Forward guidance

Raised FY 2026 revenue guidance to $314–318 million (11.8% growth) and non-GAAP operating profit to $24–26 million; Q3 2026 revenue guided to $80.5–82.5 million.

Tailwinds

  • Strong AI demand driving new contracts and expansions
  • Eleventh consecutive quarter of positive normalized FCF
  • Surpassed $300 million ARR milestone

Historical earnings impact

How earnings announcements have historically affected this stock's price.

Avg. return before/after earnings

Based on 18 quarterly earnings reports

Historical avg

-5.3%

Avg return

Earnings day

-1.4%

Avg return

5 days after

+2.4%

Avg return

30 days after

30%

6 / 20 earnings

Positive

+25.3%

Q2 2024

Best reaction

-34.8%

Q1 2026

Worst reaction

Earnings price reactions
QuarterReport dateReaction (Day 0)+5 days+30 days
Q2 2026
Q1 2026-34.8%+29.1%+53.7%
Q3 2025-9.1%-14.6%-11.8%
Q2 2025+21.0%+23.4%+42.3%
Q1 2025-5.8%-9.7%-6.6%
Q4 2024-29.3%-35.9%-46.1%
Q3 2024+6.1%+9.8%+24.0%
Q2 2024+25.3%+31.3%+53.4%
Q1 2024-6.7%-6.3%+2.8%
Q3 2023+2.8%+3.8%-3.0%
Q2 2023-12.6%-6.4%-4.6%
Q1 2023-4.7%-7.6%+18.6%
Q4 2022+3.8%+4.5%-8.9%
Q3 2022-18.7%-18.9%-6.2%
Q2 2022+1.7%-2.0%-8.8%
Q1 2022-8.6%-6.8%-6.3%
Q4 2019-3.5%-2.7%-3.2%
Q4 2020-3.5%-2.7%-3.2%
Q4 2021-11.1%-12.1%-6.6%
Q3 2021-5.0%+5.3%-15.0%
Q2 2021-13.4%-9.9%-15.5%
Q3 2020
Q2 2020
Q1 2020

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