Similarweb reports Q2 net retention rate, NRR, of 100%

The company reports Q2: “Grew number of customers to 5,951 as of June 30, 2025, an increase of 18% compared to June 30, 2024. Grew number of customers with ARR of $100,000 or more to 433, an increase of 13% compared to June 30, 2024. Customers with ARR of $100,000 or more contributed 63% of the total ARR as of June 30, 2025, increased from 60% as of June 30, 2024. Dollar-based net retention rate, or NRR, for customers with ARR of $100,000 or more was 108% in the second quarter of 2025, compared to 109% in the second quarter of 2024. Overall NRR was 100% in the second quarter of 2025, increased from 99% in the second quarter of 2024. 57% of our overall ARR is contracted under multi-year subscriptions as of June 30, 2025, increased from 44% as of June 30, 2024. Remaining performance obligations, or RPO, increased 26% year-over-year, to $273.8 million as of June 30, 2025, as compared to $216.6 million as of June 30, 2024.”