SIMILARWEB LTD.

Annual Trend FY 2020 FY 2021 FY 2022 FY 2023 FY 2024 FY 2025
Cash and cash equivalents $23.9m $128.9m $77.8m $71.7m $63.9m $72.4m
Accounts receivable, net $25.3m $31.0m $38.1m $47.9m $51.0m $54.1m
Prepaid expenses and other current assets $2.1m $7.8m $6.6m $5.6m $4.6m $5.9m
Total current assets $88.2m $187.7m $142.2m $146.4m $141.4m $150.3m
Restricted deposits $1.5m $11.5m $9.8m $10.0m $10.6m $6.4m
Property and equipment, net $6.1m $6.4m $31.8m $28.6m $25.9m $22.0m
Intangible assets, net $0 $11.6m $9.6m $4.8m $5.6m $6.8m
Goodwill $2.9m $11.3m $12.9m $12.9m $25.3m $38.8m
Operating lease right-of-use assets $0 $40.8m $36.0m $34.4m $34.4m
Deferred contract costs $5.5m $8.5m $9.8m $11.2m $11.4m $11.6m
Deferred contract costs, non-current $6.0m $9.2m $8.3m $9.8m $9.9m $8.2m
Other non-current assets $401k $813k $441k $494k $500k $586k
Payroll and benefit related liabilities $11.0m $18.0m $18.5m $20.4m $20.3m $20.3m
Deferred revenue $53.1m $76.7m $93.2m $100.0m $108.2m $112.2m
Operating lease liabilities $0 $9.1m $7.1m $6.9m $8.8m
Operating lease liabilities, non-current $0 $40.1m $35.3m $32.8m $34.5m
Ordinary Shares, NIS 0.01 par value 500,000,000 shares authorized as of December 31, 2024 and 2025; 82,620,679 and 86,964,370 shares issued as of December 31, 2024 and 2025, respectively; 82,618,511 and 86,962,202 shares outstanding as of December 31, 2024 and 2025, respectively; 2,168 treasury shares as of December 31, 2024 and 2025; 42k 205k 210k 216k 227k 240k
Total shareholders' equity ($145.1m) $84.9m $22.0m $15.5m $27.5m $23.3m
Total assets $103.6m $227.0m $246.0m $239.0m $242.9m $261.1m
Accounts payable $4.3m $11.3m $7.1m $8.4m $12.4m $13.9m
Other payables and accrued expenses $13.0m $28.2m $28.0m $23.3m $29.3m $41.3m
Deferred revenue, non-current $743k $2.1m $974k $878k $1.2m $1.2m
Total current liabilities $108.4m $134.1m $180.9m $184.2m $177.2m $196.6m
Other long-term liabilities $773k $3.3m $2.1m $3.1m $4.2m $5.6m
Total liabilities $112.9m $142.1m $224.1m $223.5m $215.4m $237.8m
Additional paid-in capital $25.9m $324.6m $345.8m $367.6m $391.4m $419.6m
Accumulated other comprehensive income $76k $160k ($367k) $872k $388k $1.0m
Accumulated deficit ($171.1m) ($240.1m) ($323.7m) ($353.1m) ($364.6m) ($397.5m)
Total liabilities and shareholders' equity $103.6m $227.0m $246.0m $239.0m $242.9m $261.1m