Similarweb Past Earnings Performance
Past criteria checks 0/6
Similarweb's earnings have been declining at an average annual rate of -1.3%, while the Software industry saw earnings growing at 10.8% annually. Revenues have been growing at an average rate of 21.9% per year.
Key information
-1.3%
Earnings growth rate
34.1%
EPS growth rate
| Software Industry Growth | 14.9% |
| Revenue growth rate | 21.9% |
| Return on equity | -50.0% |
| Net Margin | -5.1% |
| Last Earnings Update | 30 Jun 2024 |
Recent past performance updates
Recent updates
Revenue & Expenses Breakdown
How Similarweb makes and spends money. Based on latest reported earnings, on an LTM basis.
Earnings and Revenue History
| Date | Revenue | Earnings | G+A Expenses | R&D Expenses |
|---|---|---|---|---|
| 30 Jun 24 | 231 | -12 | 139 | 54 |
| 31 Mar 24 | 224 | -20 | 140 | 55 |
| 31 Dec 23 | 218 | -29 | 144 | 56 |
| 30 Sep 23 | 213 | -41 | 153 | 57 |
| 30 Jun 23 | 208 | -57 | 159 | 57 |
| 31 Mar 23 | 202 | -70 | 166 | 60 |
| 31 Dec 22 | 193 | -84 | 169 | 60 |
| 30 Sep 22 | 182 | -92 | 166 | 61 |
| 30 Jun 22 | 168 | -89 | 158 | 57 |
| 31 Mar 22 | 153 | -82 | 144 | 50 |
| 31 Dec 21 | 138 | -69 | 127 | 44 |
| 30 Sep 21 | 124 | -52 | 110 | 37 |
| 30 Jun 21 | 113 | -41 | 95 | 31 |
| 31 Mar 21 | 102 | -29 | 79 | 26 |
| 31 Dec 20 | 93 | -23 | 70 | 22 |
| 31 Dec 19 | 71 | -18 | 50 | 16 |
Quality Earnings: 63X is currently unprofitable.
Growing Profit Margin: 63X is currently unprofitable.
Free Cash Flow vs Earnings Analysis
Past Earnings Growth Analysis
Earnings Trend: 63X is unprofitable, and losses have increased over the past 5 years at a rate of 1.3% per year.
Accelerating Growth: Unable to compare 63X's earnings growth over the past year to its 5-year average as it is currently unprofitable
Earnings vs Industry: 63X is unprofitable, making it difficult to compare its past year earnings growth to the Software industry (-4.4%).
Return on Equity
High ROE: 63X has a negative Return on Equity (-49.98%), as it is currently unprofitable.