Similarweb Ltd., a digital data and analytics company, announced its financial results for the second quarter of 2025, reporting a 17% increase in total revenue to $71.0 million, up from $60.6 million in the same period of 2024. The company's GAAP loss from operations was $(6.9) million or (10)% of revenue, compared to a loss of $(1.0) million or (2)% of revenue in the second quarter of the previous year. Additionally, Similarweb reported a GAAP net loss of $(11.8) million, a significant change from the net loss of $(0.7) million for the second quarter of 2024. The company highlighted that revenues related to Gen AI and LLM training accounted for nearly 8% of Q2 revenues, marking them as one of the fastest-growing streams. Despite the increased losses, the company noted a 26% growth in RPO and an expanding sales pipeline, indicating confidence in the potential of their data and addressable markets.
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