Similarweb Ltd.
Income Statement

Last updated:

Income statement is a financial statement that shows how profitable a business was over a given reporting period presenting its revenue, expenses or net income. Similarweb Ltd.'s past years’ income statements indicate that its last revenue has increased compared to the previous period by 13% to $218,019,000. The net income raised on -$29,373,000 and profit margin reached -13%. Total operating expenses were $199,610,000.

Profit Margin

Similarweb Ltd. (NYSE:SMWB): Profit margin
2019 70.59M -17.70M -25.08%
2020 93.48M -21.99M -23.53%
2021 137.66M -68.97M -50.11%
2022 193.23M -83.66M -43.3%
2023 218.01M -29.37M -13.47%

SMWB Income Statement (2019 – 2023)

2023 2022 2021 2020 2019
Revenue
Revenue
218.01M193.23M137.66M93.48M70.59M
Cost of revenue
47.09M53.27M31.75M21.41M20.51M
Gross profit
170.92M139.96M105.91M72.06M50.07M
Operating exp.
Research and development
56.15M59.90M44.37M22.08M16.21M
Selling and marketing
101.19M122.63M93.84M53.69M38.93M
Total operating expenses
199.61M227.81M172.02M91.74M66.19M
Operating income
-28.80M-87.85M-66.10M-19.67M-16.11M
Other income (expenses), net
941K4.71M-1.89M-1.68M-1.13M
Income before tax
-27.86M-83.14M-67.99M-21.35M-17.24M
Income tax expense
1.50M516K981K640K458K
Net income
-29.37M-83.66M-68.97M-21.99M-17.70M
Earnings per share
Basic EPS
-0.38-1.1-1.3-1.52-1.32
Diluted EPS
-0.38-1.1-1.3-1.52-1.32
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