Slide 1: Q2 2026 Results Financial Highlights Presentation
Q2 2026 RESULTS FINANCIAL HIGHLIGHTS PRESENTATION Q2 2026 FINANCIAL RESULTS FINANCIAL HIGHLIGHTS HIGHLIGHTS PRESENTATION PRESENTATION 1
Slide 2: Notes Regarding This Presentation
NOTES REGARDING THIS PRESENTATION This presentation contains “forward-looking statements” within the meaning of Section 27A of the Securities Act of 1933, as amended, or the Securities Act, and Section 21E of the Securities Exchange Act of 1934, as amended. Forward-looking statements include stateme
Slide 3: Q2 2026 Highlights
Q2 2026 Highlights Signed three NRR - Inflecting Positively 100% seven-figure, multi-year contracts with a cumulative value For all customers 107% for $100K+ ARR customers exceeding Non-GAAP Multi-Year Average Account $60m 8.4% Operating Profit Margin Contracts Value (AAV) 66% 19% First quarter ever of
Slide 4: Q2 2026 - Beat and Raise
Q2 2026 - Beat and Raise 1 ● Another strong ARR quarter Revenue and ● 8.4% Non-GAAP operating profit - operational discipline Profit better than more than mitigated FX headwind our expectations ● First quarter ever of positive GAAP operating profit Raising guidance ● Normalized FCF much better than exp
Slide 5: Q2 2026 - Signing large contracts
Q2 2026 - Signing large contracts 2 Signed 3 multi-year ● Additional 7 figure multi-year contract signed in Q3 7 figure contracts ● Multiple 6 figure deals and expansions signed in Q2 worth more than ● Third 8 figure ARR customer $60m ● Pipeline remains very healthy INVESTOR Q2 2026 RESULTS PRESENTATION
Slide 6: Improving Fundamentals & Expanding Growth Drivers
Q2 2026 - Fundamentals Improving 3 ● NRR increased to 100% for all customers and to 107% for customers over $100k ARR Improving ● Multi year commitments increased to 66% from 64% in Q1 and 57% in Q2 25 Fundamentals & ● Average Account Value (AAV) for $25K+ ARR Expanding Growth customers increased by
Slide 7: Q2 2026 - AI Revenues Growing
Q2 2026 - AI Revenues Growing 4 ● Strong demand from AI companies demonstrates We are focused on that our proprietary data has become critical execution to build an infrastructure for the AI ecosystem ● AI related revenues continue to expand faster AI-driven data than revenue growth powerhouse ● AI
Slide 8: About Similarweb
About Similarweb OUR MISSION To create the most comprehensive, actionable, and trusted digital data, so every business can win their market. 2007 1,815 $55B 100M+ 4M+ Founded Customers Total Addressable Websites within Apps with ARR above $25k Market Data Scope WHO WE ARE WHAT WE DO WHY WE WIN The w
Slide 9: Q2 Performance Across Key Metrics
Q2 Performance Across Key Metrics Q2 2026 $77.2M 9% $6.5M 107% Revenue Revenue growth Non-Gaap Operating profit Net retention rate (“NRR”)2 YoY (8.4% margin) for $100K+ ARR customers (dollar-based) EFFICIENT & PREDICTABLE $345.3M 81% 66% 69% BUSINESS MODEL RPO with 66% expected Gross margin1 of ARR i
Slide 10: Deliver AI-First Intelligence Across the Ecosystem
Deliver AI-First Intelligence Across the Ecosystem 1 2 3 Power LLMs and Build AI Expand Distribution AI Agents Solutions at Scale GenAI Agent & LLM Data to train LLM Intelligence Partnerships Similarweb AI Agents Data to build agents From insights to instant MCP Integrations impact Q2 2026 FINANCIAL
Slide 11: Financial Highlights & Guidance
Financial Highlights & Guidance Q2 2026 FINANCIAL RESULTS FINANCIAL HIGHLIGHTS HIGHLIGHTS PRESENTATION PRESENTATION 11
Slide 12: Second Quarter 2026 Performance (Non-GAAP)
Second Quarter 2026 Performance (Non - GAAP) Revenue ($M) Operating Profit ($M) Operating Margin Non-GAAP Diluted EPS ($) Up 9% Up $4.1M Up 500 bps Up 5 cents Q2 2026 FINANCIAL RESULTS FINANCIAL HIGHLIGHTS HIGHLIGHTS PRESENTATION PRESENTATION 12
Slide 13: Strong balance sheet with eleventh consecutive quarter of positive Normalized FCF
Strong balance sheet with eleventh consecutive quarter of positive Normalized FCF Organic growth Balance Sheet As of June. 30, As of June. 30, 2025 2026 • Enhance data asset and increase data moat • Expand customer base Cash & cash equivalents $59.3M $73.9M • Deepen product portfolio (workflow & inte
Slide 14: 2026 Guidance and Assumptions
2026 Guidance and Assumptions FY’2025A Q3’2026E FY’2026E FY’2026E Assumptions (Current) (Prior) • H1 results that were better than expected provide confidence for Total $282.6M $80.5M - $82.5M $314M - $318M $307M - $315M the Full Year - raising revenue and Revenue profit guidance • Large contract mome
Slide 15: Financial Overview
Financial Overview Q2 2026 FINANCIAL RESULTS FINANCIAL HIGHLIGHTS HIGHLIGHTS PRESENTATION PRESENTATION 15
Slide 16: Consistent revenue growth
Consistent Our large addressable opportunity and efficient business model have led to growing revenue sequentially and year-over-year. revenue growth YoY +13% +18% +16% +14% +17% +11% +11% +10% +9% Q2 2026 FINANCIAL RESULTS FINANCIAL HIGHLIGHTS HIGHLIGHTS PRESENTATION PRESENTATION 16
Slide 17: NRR inflecting positively
NRR inflecting Our dollar-based net retention rate (NRR) historically reflects increased usage and the purchase of more than one solution by customers. positively NRR All Customers Q2 2026 FINANCIAL RESULTS FINANCIAL HIGHLIGHTS HIGHLIGHTS PRESENTATION PRESENTATION Note: We calculate our NRR as of a pe
Slide 18: NRR inflecting positively ($100K+ ARR customers)
NRR inflecting In our largest and most strategic customer segment, customers that generate over $100K in ARR, our ability to retain and grow our business consistently exceeds our NRR for all customers. positively NRR $100K+ ARR Customers Q2 2026 FINANCIAL RESULTS FINANCIAL HIGHLIGHTS HIGHLIGHTS PRESE
Slide 19: Multi-year commitments as a percent of ARR
Multi-year commitments The increase in multi-year commitments as a percentage of ARR provides an encouraging indication of the importance of our data to the decision processes as a percent of ARR of our customers Note: We define ARR as the annualized subscription revenue we would contractually expect
Slide 20: Sustained growth and expansion of our $100k ARR customer base
Sustained growth and expansion of our $100k ARR customer base # of $100K ARR customers* Note: We define ARR as the annualized subscription revenue we would contractually expect to Q2 2026 FINANCIAL RESULTS FINANCIAL HIGHLIGHTS HIGHLIGHTS PRESENTATION PRESENTATION receive from customers assuming no in
Slide 21: Average Account Value $100K ARR customers
Average Account Value $100K ARR customers Average Account Value of 100K customers Note: We define ARR as the annualized subscription revenue we would contractually expect to receive from Q2 2026 FINANCIAL RESULTS FINANCIAL HIGHLIGHTS HIGHLIGHTS PRESENTATION PRESENTATION customers assuming no increase
Slide 22: Evolution of our revenue base over time
Evolution of our revenue base over time $100K+ ARR 51% 69% $25K-$100K ARR 33% 21% $0K-$25K ARR 16% 10% Q3 Q4 Q1 Q3 Q2 Q4 Q1 Q2 Q3 Q4 Q1 Q2 Q3 Q4 Q1 Q2 Q3 Q4 Q1 Q2 2021 2022 2023 2024 2025 2026 Q2 2026 FINANCIAL RESULTS FINANCIAL HIGHLIGHTS HIGHLIGHTS PRESENTATION PRESENTATION Note: We define ARR as t
Slide 23: Remaining Performance Obligation
Remaining Performance Obligation RPO continues to expand faster than revenue growth providing us with good visibility/confidence (RPO) +24% +27% +26% +18% +26% +26% +17% +18% +26% Q2 2026 FINANCIAL RESULTS FINANCIAL HIGHLIGHTS HIGHLIGHTS PRESENTATION PRESENTATION 23
Slide 24: Margin and cash flow performance - focused on profitable growth
Margin and cash flow performance - focused on profitable growth FY'23 FY'24 FY'25 Q2'25 Q2'26 Non-GAAP Gross Profit (Margin %, USD mil.) Non-GAAP Operating (Loss) / Profit (Margin %, USD mil.) Non-GAAP Normalized Free Cash Flow (Margin %, USD mil.) INVESTOR PRESENTATION IQ2 2026 RESULTS Q2 2026 FINANCIA
Slide 25: Disciplined execution driving improved profitability
Disciplined execution driving improved profitability Gross Margin * (6%) 2% 8% 5% 9% 7% 4% (2%) 3% 6% 5% 3% 8% Operating margin * (5%) (8%) 6% 16% 10% 14% 4% 7% 5% 4% 1% 9% 11% Normalized FCF margin* In accordance with SEC regulations, you can find the definitions of these non-GAAP measures, as well as
Slide 26: Q&A
Q&A Q2 2026 FINANCIAL HIGHLIGHTS PRESENTATION 26
Slide 27: Thank you.
Q2 2026 RESULTS FINANCIAL HIGHLIGHTS PRESENTATION Thank you. Q2 2026 FINANCIAL HIGHLIGHTS PRESENTATION
Slide 28: Appendix - GAAP to non-GAAP reconciliation (USD thousands)
Appendix - GAAP to non-GAAP reconciliation (USD thousands) FY'21 FY'22 FY'23 FY'24 FY'25 Q2’25 Q2’26 Reconciliation of non-GAAP gross profit Gross profit 105,916 139,960 170,929 195,099 224,798 56,698 62,312 Stock-based compensation expense 211 599 635 812 1,024 265 161 Retention payments related to b
Slide 29: Appendix - GAAP to non-GAAP reconciliation (USD thousands)
Appendix - GAAP to non-GAAP reconciliation (USD thousands) FY'21 FY'22 FY'23 FY'24 FY'25 Q2’25 Q2’26 Reconciliation of free cash flow Net cash (used in) provided by operating activities (27,625) (46,065) (3,038) 30,174 14,644 2,860 8,994 Purchases of property and equipment, net (2,311) (28,257) (1,55
Slide 30: Addressable Market Calculation
Addressable Market Calculation We estimate our addressable market to be $55B, based on the following calculation: For B2C and B2B companies, we have based our calculation on our assumption of the potential annual spend on Similarweb products by SMEs (20-1000 employees) and Large Enterprises (1000+ e
Slide 31: Annual Recurring Revenue (ARR) Calculation
Annual Recurring Revenue (ARR) Calculation We define ARR as the annualized subscription revenue we would contractually expect to receive from customers assuming no increases or reductions in their subscriptions. A contract is included in ARR for a particular period if it is active at the end of the a