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Similarweb Swings to Q1 Non-GAAP Operating Loss, Revenue Rises; 2025 Outlook Reaffirmed
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Similarweb Swings to Q1 Non-GAAP Operating Loss, Revenue Rises; 2025 Outlook Reaffirmed
May 26, 2025 7:13 AM

04:42 PM EDT, 05/13/2025 (MT Newswires) -- Similarweb ( SMWB ) reported a Q1 non-GAAP operating loss late Tuesday of $0.02 per diluted share, compared with an operating profit of $0.03 a year earlier.

Analysts polled by FactSet expected a loss of $0.01.

Revenue for the quarter ended March 31 was $67.1 million, up from $59.0 million a year earlier.

Analysts polled by FactSet expected $66.3 million.

For Q2, the company expects revenue of $68.6 million to $69.0 million. Analysts polled by FactSet are looking for $68.7 million.

The company reaffirmed its full-year 2025 revenue guidance of $285.0 million to $288.0 million. Analysts polled by FactSet expect $285.4 million.

Shares of the company fell 4.8% in recent after-hours activity.

Price: 7.78, Change: -0.39, Percent Change: -4.77

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