SEMR Q1 2024 Earnings — Semrush Holdings, Inc. Revenue & Financial Results | Market Cap Arena

SEMRSemrush Holdings, Inc.

$2B

Q1 2024 Earnings

Technology Software - Application

Income Statement

Revenue

$86M+21.1% YoY

Gross Profit

$71M82.9% margin

Operating Income

$1M1.7% margin

Net Income

$2M2.5% margin

EPS (Diluted)

$0.01

QoQ Revenue Growth

+2.9%

Cash Flow

Operating Cash Flow

$15M

Free Cash Flow

$14M

Stock-Based Comp.

$0

Balance Sheet

Total Assets

$342M

Total Liabilities

$111M

Stockholders' Equity

$226M

Cash & Equivalents

$41M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$86M	$71M	+21.1%
Gross Profit	$71M	$58M	+22.2%
Operating Income	$1M	-$11M	+113.6%
Net Income	$2M	-$10M	+121.7%

Geographic Segments

UNITED STATES

$41M52%

Other Geographical Area

$37M48%