SEMR Q2 2023 Earnings — Semrush Holdings, Inc. Revenue & Financial Results | Market Cap Arena

SEMRSemrush Holdings, Inc.

$2B

Q2 2023 Earnings

Technology Software - Application

Income Statement

Revenue

$75M+19.3% YoY

Gross Profit

$62M82.6% margin

Operating Income

-$2M-3.1% margin

Net Income

-$279,000-0.4% margin

EPS (Diluted)

$-0.00

QoQ Revenue Growth

+5.4%

Cash Flow

Operating Cash Flow

-$6M

Free Cash Flow

-$9M

Stock-Based Comp.

$4M

Balance Sheet

Total Assets

$294M

Total Liabilities

$98M

Stockholders' Equity

$196M

Cash & Equivalents

$24M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$75M	$63M	+19.3%
Gross Profit	$62M	$50M	+23.4%
Operating Income	-$2M	-$8M	+71.8%
Net Income	-$279,000	-$8M	+96.6%

Geographic Segments

UNITED STATES

$35M52%

Other Geographical Area

$33M48%