---
schema_version: "secwatch.filing_event.v1"
accession: "0001628280-24-008536"
form_type: "8-K"
ticker: null
cik: "0001831840"
company_name: "SEMrush Holdings, Inc."
filed_at: "2024-03-04T23:59:59+00:00"
generated_at: "2026-06-05T04:56:38.755991+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.7
calibrated_materiality_score: 0.7
confidence: "high"
source: SEC EDGAR
---

# Semrush Q4 revenue $83.4M (+21% YoY); net income positive for FY2023

## Summary
- Q4 revenue $83.4M, up 21% YoY; FY2023 revenue $307.7M, up 21% YoY.
- Q4 net income $6.9M vs $13.9M loss prior year; FY2023 net income $1.0M vs $33.8M loss.
- Non-GAAP net income Q4 $11.4M, FY2023 $16.3M; free cash flow Q4 $8.9M.
- ARR $337.1M (+23% YoY); paying customers ~108,000 (+12.5%); net revenue retention 107%.
- Company achieves GAAP profitability for full year 2023, marking inflection.

## SEC filing metadata
- accession: 0001628280-24-008536
- form_type: 8-K
- cik: 0001831840
- company_name: SEMrush Holdings, Inc.
- filed_at: 2024-03-04T23:59:59+00:00
- event_type: earnings
- sentiment: positive
- materiality_score: 0.7
- calibrated_materiality_score: 0.7
- confidence: high
- sec_items: 2.02, 5.03, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1831840/000162828024008536/0001628280-24-008536-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1831840/000162828024008536/semr-20240229.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001628280-24-008536
- JSON: https://secwatch.observer/filing/0001628280-24-008536.json
- Plain text: https://secwatch.observer/filing/0001628280-24-008536.txt

## Key facts
- Earnings Releases
  SEMrush Holdings, Inc. reported Q4 2023 results: revenue $83.4 million, net income $6.9 million.
  - Period: Q4 2023
  - Revenue: $83.4 million
  - Net income: $6.9 million
  - Result: reported results
  source text: Fourth quarter revenue of $83.4 million, up 21% year-over-year
  evidence_url: https://www.sec.gov/Archives/edgar/data/1831840/000162828024008536/0001628280-24-008536-index.htm
- Earnings Releases
  SEMrush Holdings, Inc. reported Fiscal year ended December 31, 2023 results: revenue $307.7 million, net income $1.0 million.
  - Period: Fiscal year ended December 31, 2023
  - Revenue: $307.7 million
  - Net income: $1.0 million
  - Result: reported results
  source text: Full year 2023 revenue of $307.7 million, up 21% year-over-year.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1831840/000162828024008536/0001628280-24-008536-index.htm
- Governance Changes
  SEMrush Holdings, Inc.: Amended Second Amended and Restated Bylaws to adopt Third A&R Bylaws, including updates for universal proxy rules, stockholder proposal requirements, and ministerial changes (effective 2024-02-29).
  - Change: bylaw amendment
  - Effective: 2024-02-29
  source text: On February 29, 2024, based on the recommendation of the nominating and corporate governance committee of the Board of Directors (the “Board”) of the Company, in connection with the new Securities and Exchange Commission rules and changes to the Exchange Act, regarding universal proxy cards, certain recent changes to the Delaware General Corporation Law, and a periodic review of corporate governance matters, the Board approved amendments to the Company’s Second Amended and Restated Bylaws, as amended (the “Third A&R Bylaws”), effective immediately.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1831840/000162828024008536/0001628280-24-008536-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.