Semrush Q4 rev $102.6M (+23% YoY); CEO Oleg Shchegolev steps down, William Wagner named CEO

SEMrush Holdings, Inc.

2024-FY EPS reported $0.06 revenue$376,815,000

Q4 revenue $102.6M (+23% YoY); FY revenue $376.8M (+22% YoY); ARR $411.6M (+22%).
Non-GAAP operating income $11.8M in Q4 (11.5% margin), up from $8.3M a year ago; Q4 free cash flow $9.5M.
CEO Oleg Shchegolev becomes CTO; William Wagner, former CEO of GoTo/LogMeIn, appointed CEO effective March 10, 2025.
Paying customers ~117,000 (+8% YoY); dollar-based net revenue retention 106% as of Dec 31, 2024.

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Executive movements

Machine-extracted from this filing. Every card cites the SEC source. See all recent executive movements.

Appointed

William Wagner

Chief Executive Officer

SEMrush Holdings, Inc.

Effective: 2025-03-10
Filed: February 26, 2025, 6:59 PM ET

On February 22, 2025, William Wagner, age 57, was appointed by the Board as the CEO, effective as of the Transition Date.

Role change

Oleg Shchegolev

Chief Technology Officer

SEMrush Holdings, Inc.

Effective: 2025-03-10
Successor: William Wagner
Filed: February 26, 2025, 6:59 PM ET

On February 22, 2025, the Board also appointed Mr. Shchegolev to the role of Chief Technology Officer (“CTO”)

Key facts

Extracted from this filing and checked against the source text.

Executive change SEC 8-K Item 5.02 confidence 0.95

William Wagner was appointed as Chief Executive Officer at SEMrush Holdings, Inc..

Action: appointed
Role: Chief Executive Officer

Exact text from the filing

On February 22, 2025, William Wagner, age 57, was appointed by the Board as the CEO, effective as of the Transition Date.

View on SEC.gov

Executive change SEC 8-K Item 5.02 confidence 0.95

Oleg Shchegolev was appointed as Chief Technology Officer at SEMrush Holdings, Inc..

Action: appointed
Role: Chief Technology Officer

Exact text from the filing

On February 22, 2025, the Board also appointed Mr. Shchegolev to the role of Chief Technology Officer (“CTO”)

View on SEC.gov

Source: SEC EDGAR

accession 0001628280-25-008190

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