Similarweb delivered its strongest quarter ever for net new annual recurring revenue and achieved positive GAAP operating profit for the first time in its history. Revenue grew 9% year-over-year to $77.2 million, above the top end of guidance, while non-GAAP operating profit reached $6.5 million, an 8% margin. The company signed three large multiyear enterprise contracts with cumulative value exceeding $60 million, and AI-related revenue climbed to 13% of total revenue, up from 11% at the end of the fourth quarter of 2025. Net revenue retention improved to 100% across all customers and 107% for customers above $100,000 of ARR. Similarweb raised its full-year 2026 revenue guidance to a range of $340 million to $380 million, representing approximately 12% year-over-year growth at the midpoint, and raised its non-GAAP operating profit guidance to between $24 million and $26 million.
SimilarWeb LtdStrongest net new ARR quarter, positive GAAP operating profit, raised guidance
