Similarweb (SMWB) Q2 FY26 earnings call

Similarweb reached a significant inflection point in Q2 FY26, marked by record net new ARR, positive GAAP operating profit, and improved retention metrics. The company's strategic focus on large enterprise customers and AI opportunities is yielding substantial multiyear contracts, solidifying its position as a critical data provider for the evolving AI ecosystem. This quarter's results validate the effectiveness of their strategy to strengthen data moat, deepen enterprise relationships, and scale AI-first solutions.