SEMR Q2 2024 Earnings — Semrush Holdings, Inc. Revenue & Financial Results | Market Cap Arena

SEMRSemrush Holdings, Inc.

$2B

Q2 2024 Earnings

Technology Software - Application

Income Statement

Revenue

$91M+21.8% YoY

Gross Profit

$76M83.6% margin

Operating Income

$3M3.7% margin

Net Income

$2M1.8% margin

EPS (Diluted)

$0.01

QoQ Revenue Growth

+6.0%

Cash Flow

Operating Cash Flow

$12M

Free Cash Flow

$8M

Stock-Based Comp.

$7M

Balance Sheet

Total Assets

$373M

Total Liabilities

$124M

Stockholders' Equity

$236M

Cash & Equivalents

$70M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$91M	$75M	+21.8%
Gross Profit	$76M	$62M	+23.1%
Operating Income	$3M	-$2M	+245.7%
Net Income	$2M	-$279,000	+694.6%

Geographic Segments

UNITED STATES

$43M52%

Other Geographical Area

$40M48%