SEMR Q1 2023 Earnings — Semrush Holdings, Inc. Revenue & Financial Results | Market Cap Arena

SEMRSemrush Holdings, Inc.

$2B

Q1 2023 Earnings

Technology Software - Application

Income Statement

Revenue

$71M+24.1% YoY

Gross Profit

$58M82.2% margin

Operating Income

-$11M-15.2% margin

Net Income

-$10M-13.9% margin

EPS (Diluted)

$-0.07

QoQ Revenue Growth

+3.0%

Cash Flow

Operating Cash Flow

-$4M

Free Cash Flow

-$5M

Stock-Based Comp.

$3M

Balance Sheet

Total Assets

$296M

Total Liabilities

$102M

Stockholders' Equity

$193M

Cash & Equivalents

$57M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$71M	$57M	+24.1%
Gross Profit	$58M	$46M	+27.9%
Operating Income	-$11M	-$3M	-315.8%
Net Income	-$10M	-$3M	-283.5%

Geographic Segments

UNITED STATES

$35M54%

Other Geographical Area

$29M46%