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TickerSMWB
SectorInternet Content & Information
Mkt cap$298M
EV / EBITDAN/A
PostureQuiet Issuer
Composite21/100
LensBuyer-side
SE-Cluster Research·Issuer Brief·Q2 2026CIK 1842731

Similarweb Ltd.

SMWBQUIET ISSUERQUIET

Similarweb Ltd. reads as an Quiet Issuer (composite 21/100); Consistent Strategic Buyer deploying $31M across 5 disclosed transactions, up 52% vs the prior cycle · primary market Marketing & Data.

Lens

Disclosed M&A capital (2023–2025)

$31M

+52%

vs $20M in 2020–2022

Disclosed transactions

5

+67%

3/3 active fiscal years in window

Buyer archetype

Consistent Strategic Buyer

Meaningful spend appears across repeat years.

Composite score

21

/100

Quiet Issuer dominates · Quiet

Financial snapshot
Revenue$283M
EBITDAN/A
Enterprise value$269M
EV / Revenue1.0×
EV / EBITDAN/A
P/EN/A
Cash$72M
Total debtN/A
as of 2026-05-10
§ I·SE-Cluster Issuer Brief

Behavioral posture, nine reads.

Each index scores the issuer 0–100 against an EDGAR-anchored definition. Scores ≥ threshold elevate the issuer into the index's constituent set; the dominant index drives the masthead label.

Active Acquirer

21/100

Companies actively deploying disclosed capital into M&A

  • $51M disclosed buyer spend

Buyer Cadence

6/100

Buyer-side companies with recent filing activity

Target Probability

2/100

Issuers showing target-side patterns from filings

Spin/Carve

0/100

Issuers showing spin-off, carve-out, or sum-of-parts posture

Pressure Watch

2/100

Issuers facing activism, governance, or control pressure

Distress Watch

12/100

Issuers showing financial-distress filing patterns

  • Missing recent 10-Q

Restatement Risk

0/100

Issuers with accounting-integrity flags from filings

Capital Velocity

8/100

Issuers with the highest filing-activity intensity

Quiet Power

0/100

Large issuers with low signal volume and clean disclosure cadence

  • Enterprise value $269M
  • 1 active signals
§ II·SE-Cluster Issuer Brief

Capital cadence.

Ten-year disclosed M&A activity. Bars show spend ($MM); ticks show recorded transaction count. Disclosure tier annotated where v6 audited corpus carries an entry.

16
17
18
19
20
21
22
23
24
25

Disclosed spend $MM Disclosed transactions (right axis)Peak spend year: $18M · Peak count: 3

FYDisclosed buysDisclosed spendAvg ticketAudited tier
20253$18M$6MN/A
20242$4M$2MN/A
2023N/A$10MN/AN/A
20221$4M$4MN/A
20212$17M$8MN/A
2020N/AN/AN/AN/A
§ IV·SE-Cluster Issuer Brief

Filing language.

Direct excerpts from acquisition disclosures and strategy sections: the verbs the buyer chose, in the filings they signed.

We seek to expand existing customer subscriptions by adding new customers or additional solutions or services, including through expanding the adoption of our platform into other departments within organizations.

10-KFY2025

We expect competition to increase in the future both from our existing competitors and from new market entrants, including established technology companies who have not previously entered the market.

10-KFY2024

changes in the competitive dynamics of our market, including consolidation among competitors or organizations using our solutions and the introduction of new solutions or solution enhancements;

10-KFY2023

To increase our revenue and achieve and maintain profitability, we must continue to attract new customers and maintain and grow the subscriptions of existing customers.

10-KFY2025

In order for us to maintain or improve our results of operations, it is important that our customers renew or expand their subscriptions with us.

10-KFY2024
§ V·SE-Cluster Issuer Brief

Market context.

Where this issuer sits inside its SE-Cluster rollup wedge, with disclosed-spend rank plus trading comparables against the public peer set.

Primary market

Marketing & Data

Market spend (2023–2025)
$51.4B
Market spend (2020–2022)
$63.5B
Recent vs prior
−19%
Issuer rank in market
N/A
Share of market capital
0.0%

Valuation positioning

Trading comparables unavailable for this wedge.

§ VI·SE-Cluster Issuer Brief

Target landscape.

Public-issuer targets that fit this buyer's archetype and target categories from filing-derived signal. Scores reflect cross-signal fit; reasons cite the EDGAR-anchored facts that drove the match.

No qualifying public-issuer targets surfaced from the current signal mix.

Stated target categories

No target categories enumerated in the audited corpus for this issuer.

§ VII·SE-Cluster Issuer Brief

Filing activity & signal stream.

Filing cadence and event-driven signals visible on EDGAR. The signal stream below is curated from restatement / spin-carve / activism categories, providing context for any near-term call.

Filing cadence

  • 10-K (annual)52026-03-02
  • 10-Q (quarterly)0N/A
  • 8-K (event)0N/A
  • Proxy / DEF 14A0N/A
  • Activism (13D / DFAN / PREC)0N/A

Signals on file

  • info

    Signal

    Serial acquisition history

§ VIII·SE-Cluster Issuer Brief

Audited corpus.

No audited record on file for this CIK in the current v6 corpus.

This issuer has not been extracted into the v6 audited acquirer corpus yet. The brief above pulls from ranking-level aggregates and issuer-index signal only.