NYSE$SMWB

Similarweb · Q3 2025 earnings

Q3 2025 earnings · · After market close · Investor relations

Briefing

Similarweb grows Q3 revenue 11% to $71.8M with positive free cash flow and 26% RPO growth

Similarweb reported Q3 2025 revenue of $71.8 million, up 11% year over year, marking its eighth consecutive quarter of positive free cash flow. Non-GAAP operating profit was $4.6 million (6% margin) and non-GAAP net income was $4.4 million ($0.05 diluted EPS). The customer base grew 15% to 6,127 accounts while remaining performance obligations rose 26% to $267.6 million, reflecting strong commercial demand for digital data and generative-AI analytics products. GAAP net loss was $4.3 million ($0.05 per share) amid higher acquisition-related expenses. For FY2025, Similarweb expects revenue of $285.0–$288.0 million (~15% growth at midpoint) and non-GAAP operating profit of $8.5–$9.5 million.

  • Revenue grew 11% to $71.8M; non-GAAP operating profit $4.6M (6% margin)
  • Non-GAAP EPS $0.05; eighth straight quarter of positive free cash flow ($3.0M)
  • Customers rose 15% to 6,127; RPO up 26% to $267.6M
  • Generative AI data revenues among fastest-growing product streams
  • FY2025 revenue guide $285–$288M; non-GAAP operating profit $8.5–$9.5M

Headline financials

Total Revenue

$71.8M

Previous: $64.7M+10.9%
EPS (adj)

$0.05

Previous: $0.05+0.0%
Free Cash Flow

$2.95M

No prior period
Remaining performance obligations

$268M

No prior period
Net retention rate

98.0%

No prior period
ARR customers

6.1K

No prior period
Net Income

-$4.33M

Previous: -$2.57M-68.8%
Operating Income

-$2.69M

Previous: -$1.94M-38.8%
Gross Profit

$57.2M

Previous: $50.5M+13.3%
Cash & Equivalents

$65.5M

No prior period

Revenue & EPS history

Similarweb · Revenue · Quarterly

$71.8M

Q3 2025+10.9%vs Q3 2024
Beat estimate in 10 of 14 quarters(71%)
ActualEstimate

Forward guidance

Similarweb expects FY2025 revenue of $285.0–$288.0 million (~15% YoY growth at midpoint) and non-GAAP operating profit of $8.5–$9.5 million.

Tailwinds

  • Sustained free cash flow generation and expanding enterprise customer base
  • Strong RPO growth signals durable multi-year contract momentum

Headwinds

  • GAAP net loss persisted due to acquisition and share-based compensation costs
  • Overall NRR softened to 98% from 101% year ago

Historical earnings impact

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

Avg. return before/after earnings

Based on 19 quarterly earnings reports · overlaid with Q3 2025

Historical avgQ3 2025

-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
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

Discussion

Share your read of this quarter. Sign-in carries your eToro identity.

Join the conversation

Sign in with eToro to post your read of this quarter and vote on others'.

Sign in with eToro