Similarweb announced that it has surpassed $300 million in annual recurring revenue (ARR) and secured two multi-year enterprise agreements with seven-figure annual recurring revenue commitments, representing approximately $47 million in total contract value over the next three years.
The contracts, signed during the second quarter of 2026, highlight increasing demand for Similarweb’s proprietary digital data and analytics offerings among AI-focused companies and large global enterprises. The company said the agreements will support strategic decision-making, market intelligence, and AI-driven initiatives for customers.
According to Similarweb, the new agreements are separate from major contracts that were deferred from the fourth quarter of 2025, including one that was subsequently signed during the first quarter of 2026.
The company said the latest deals reinforce its position as a provider of critical data infrastructure for some of the world’s largest and most sophisticated enterprises. Similarweb added that the contracts strengthen its confidence in the full-year 2026 guidance it provided alongside first-quarter results in May.
Similarweb expects to provide updated full-year guidance when it reports second-quarter 2026 results, which are currently scheduled for mid-August.
The company provides web and app data, analytics, and digital insights designed to help businesses identify growth opportunities, evaluate competitors, optimize strategies, acquire customers, and increase monetization.
KEY QUOTES:
“These contracts are a direct reflection of the powerful demand trends we are seeing across our business. Leading AI-driven companies continue to invest in our high-quality digital data to power their models and large enterprises are increasingly recognizing the strategic value our data can generate. AI is the engine, while data, like ours, provides the fuel that powers deeper insights and generates stronger returns. We believe we are still in the early stages of unlocking the enormous potential across the markets we serve, and as we communicated in our earnings, we see a strong pipeline of these big deals going forward.”
Or Offer, Co-Founder and CEO of Similarweb
