Similarweb Due Diligence
Run due diligence on Similarweb: check compliance and get alerts when suppliers change.
Israel · www.similarweb.com · 14 vendors
Similarweb Ltd. is an AI-powered digital data and intelligence company that provides real-time analytics on website traffic, mobile app performance, and digital market trends. It offers solutions for competitive analysis, market research, and optimizing digital strategies. Businesses worldwide use its platform to gain insights into consumer behavior and market dynamics.
Resilience scores
- Digital Sovereignty: 0
- Digital Resilience: 9
- Financial Resilience: 7
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Services catalogue
6 services in catalogue across 4 categories; runs on 14 sub-vendors.
- Open Source Large Language Models
- Next-Generation Machine Learning Models
- Personal Data Processing
Insights
Last updated 2026-09-13 · revision 7
14 direct vendors, 179 subvendors
Direct vendors by controlling owner country (sample)
- Sweden: 1
- Germany: 1
- Czech Republic: 1
Subvendors by controlling owner country (sample)
- Norway: 1
- Canada: 4
- Japan: 3
Compliance
11 in-scope frameworks identified; showing 3.
PDPA — No public evidence
Evidence: https://www.similarweb.com/corp/legal/privacy-policy/, https://www.similarweb.com/corp/privacy-security/
APPI — No public evidence
Evidence: https://www.similarweb.com/corp/legal/privacy-policy/, https://www.similarweb.com/corp/privacy-security/
NIS2 (source) — No public evidence
Evidence: https://www.similarweb.com/corp/privacy-security/, https://trustcenter.similarweb.com/, https://www.similarweb.com/corp/about/
Financials
Three-year financials
- 2025: revenue USD 283M, EBIT USD -23.6M, equity USD 23.3M
- 2024: revenue USD 250M, EBIT USD -9.66M, equity USD 27.5M
- 2023: revenue USD 218M, EBIT USD -28.8M, equity USD 15.5M
Financial Resilience Score: 7/10
Similarweb has demonstrated rapid financial improvement, achieving its first-ever GAAP operating profit in Q2 2026 ($0.74M) after years of losses, and guiding to $24-26M in non-GAAP operating profit for FY 2026. The company maintains a healthy cash position of $73.9M with no traditional debt, and has posted 11 consecutive quarters of positive normalized free cash flow. Revenue growth remains steady at ~9-13%, supported by strong contracted backlog (RPO of $345.3M, +26% YoY) and improving enterprise mix (69% of ARR from customers with ≥$100k ARR). However, the equity base is thin at just $22.8M as of June 2026, reflecting an accumulated deficit of $407.4M from years of SBC-heavy losses. Deferred revenue ($139.9M) exceeds cash, making the company dependent on continued customer renewals. Growth has decelerated significantly from 30%+ pre-IPO to ~9-12% currently, and CEO succession initiated in May 2026 introduces leadership transition risk. Overall, the trajectory is positive with strong SaaS metrics (81% non-GAAP gross margin, 100% NRR, 107% NRR for large customers), but the thin equity buffer and modest growth rate limit the resilience score.
Key strengths: First-ever GAAP operating profit achieved in Q2 2026, 11 consecutive quarters of positive normalized free cash flow, No debt with $73.9M cash cushion, Strong RPO of $345.3M (+26% YoY) providing revenue visibility, High ~81% non-GAAP gross margin typical of quality SaaS, ARR surpassed $300M in June 2026, 66% of ARR under multi-year contracts (up from 57%), Diversified customer base with 6,000+ customers including 200+ Fortune 500
Risk factors: Thin equity base of $22.8M with $407M accumulated deficit, Deferred revenue ($139.9M) exceeds cash balance, Revenue growth decelerated from 30%+ to ~9-12%, CEO succession process creates leadership transition risk, Geopolitical exposure with R&D concentrated in Israel, Data-sourcing risk dependent on third-party platforms, FX exposure ($3.7M non-operating FX losses in H1 2026)
Revenue by geography
- Americas: 57%
- EMEA: 28%
- APAC: 15%
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