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Similarweb Ltd. (DE:63X)
:63X
Earnings Data
Report Date
May 13, 2025TBA Not Confirmed
Period Ending
2025 (Q1)Consensus EPS Forecast
>-0.01Last Year’s EPS
0.04Same Quarter Last Year
Strong Buy
Based on 8 Analysts Ratings
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Earnings Call Summary
Earnings Call Date:Feb 11, 2025
|% Change Since: -36.25%
|Next Earnings Date:May 13, 2025
Earnings Call Sentiment|Positive
The earnings call presented a largely positive outlook with significant revenue growth, customer expansion, and strategic partnerships. While there are challenges such as increased expenses and forex pressure, the company remains optimistic about future opportunities and profitability.Company Guidance
During the Similarweb fourth quarter fiscal year 2024 earnings call, the company reported revenue of nearly $250 million for the year, marking a 15% year-over-year increase, with Q4 revenue up 16% compared to the previous year. The customer base grew by 17% year-over-year, totaling over 5,500 ARR customers, and the company signed 15 seven-figure contracts in Q4. The net revenue retention (NRR) for customers with over $100,000 ARR improved to 112%, and 49% of ARR was contracted under multiyear agreements. Similarweb achieved a non-GAAP operating margin of 4% in Q4 and 6% for the full year, along with a free cash flow margin of 11%. Looking forward to 2025, the company expects revenue between $285 million and $288 million, representing a 15% year-over-year growth at the midpoint, with Q1 revenue anticipated to be between $66 million and $66.5 million. The guidance incorporates increased operating expenses related to investments in R&D and go-to-market strategies, aiming to capitalize on opportunities presented by AI and LLM technologies.Revenue Growth
Revenue for the year was nearly $250 million, up 15% year-over-year, with Q4 revenue up 16% year-over-year.
Customer Base Expansion
Customer base grew 17% year-over-year, ending with more than 5,500 ARR customers. Additionally, 15 customer contracts were signed in Q4, each worth 7-digit contract values.
Strategic Partnerships
New customer relationships with S&P Global and Bloomberg Professional Services were announced, highlighting the strength of Similarweb's data assets.
Non-GAAP Profitability
Achieved first full financial year of non-GAAP operating profit, with a Rule of 26 performance combining growth and profitability.
Strong Performance Indicators
NRR for over $100,000 ARR customers was 112%, up from 107% last year. 49% of ARR is contracted under multiyear contracts, up from 42% last year.
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DE:63X Earnings History
The table shows recent earnings report dates and whether the forecast was beat or missed. See the change in forecast and EPS from the previous year.
Beat
Missed
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DE:63X Earnings-Related Price Changes
Report Date | Price 1 Day Before | Price 1 Day After | Percentage Change |
|---|---|---|---|
| Feb 11, 2025 | €16.22 | €11.26 | -30.58% |
| Nov 12, 2024 | €9.46 | €9.40 | -0.63% |
| Aug 06, 2024 | €5.21 | €6.10 | +17.08% |
| May 07, 2024 | €6.60 | €6.60 | 0.00% |
Earnings announcements can affect a stock’s price. This table shows the stock's price the day before and the day after recent earnings reports, including the percentage change.
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FAQ
When does Similarweb Ltd. (DE:63X) report earnings?
Similarweb Ltd. (DE:63X) is schdueled to report earning on May 13, 2025, TBA Not Confirmed.
What is Similarweb Ltd. (DE:63X) earnings time?
Similarweb Ltd. (DE:63X) earnings time is at May 13, 2025, TBA Not Confirmed.
Where can I see when companies are reporting earnings?
You can see which companies are reporting today on our designated earnings calendar.
What companies are reporting earnings today?
You can see a list of the companies which are reporting today on TipRanks earnings calendar.
What is the P/E ratio of Similarweb Ltd. stock?
The P/E ratio of Similarweb is N/A.
What is DE:63X EPS forecast?
DE:63X EPS forecast for the fiscal quarter 2025 (Q1) is >-0.01.
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