SimilarWeb Ltd. announced its financial results for the first quarter of 2025, reporting a total revenue of $67.1 million. This represents a 14% increase compared to $59.0 million for the same period in 2024. The company also noted a significant increase in its customer base, which grew by 19%. Despite the growth in revenue and customer base, SimilarWeb reported a GAAP operating loss of $9.3 million, equating to 14% of revenue. This is a wider loss compared to the $2.7 million or 5% of revenue reported in the first quarter of 2024. The company emphasized its strong revenue growth and cash generation, attributing these to the value of its comprehensive and proprietary digital data, which is trusted by thousands of customers. SimilarWeb launched new products in the first quarter, including App Intelligence, AI Chatbot data, and three new AI Agents, aimed at enhancing its offerings to help customers gain a comprehensive view of the digital world. Looking forward, the company expressed confidence in its strategy and long-term growth prospects, although it did not provide specific guidance for future operating loss.