---
schema_version: "secwatch.filing_event.v1"
accession: "0001628280-25-008190"
form_type: "8-K"
ticker: null
cik: "0001831840"
company_name: "SEMrush Holdings, Inc."
filed_at: "2025-02-26T23:59:59+00:00"
generated_at: "2026-05-26T03:51:53.482015+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.85
calibrated_materiality_score: 0.85
confidence: "high"
source: SEC EDGAR
---

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

## Summary
- 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.

## SEC filing metadata
- accession: 0001628280-25-008190
- form_type: 8-K
- cik: 0001831840
- company_name: SEMrush Holdings, Inc.
- filed_at: 2025-02-26T23:59:59+00:00
- event_type: earnings
- sentiment: positive
- materiality_score: 0.85
- calibrated_materiality_score: 0.85
- confidence: high
- sec_items: 2.02, 5.02, 7.01, 8.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1831840/000162828025008190/0001628280-25-008190-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1831840/000162828025008190/semr-20250222.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001628280-25-008190
- JSON: https://secwatch.observer/filing/0001628280-25-008190.json
- Plain text: https://secwatch.observer/filing/0001628280-25-008190.txt

## Key facts
- Executive change
  William Wagner was appointed as Chief Executive Officer at SEMrush Holdings, Inc..
  - Action: appointed
  - Role: Chief Executive Officer
  source text: On February 22, 2025, William Wagner, age 57, was appointed by the Board as the CEO, effective as of the Transition Date.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1831840/000162828025008190/0001628280-25-008190-index.htm
- Executive change
  Oleg Shchegolev was appointed as Chief Technology Officer at SEMrush Holdings, Inc..
  - Action: appointed
  - Role: Chief Technology Officer
  source text: On February 22, 2025, the Board also appointed Mr. Shchegolev to the role of Chief Technology Officer (“CTO”)
  evidence_url: https://www.sec.gov/Archives/edgar/data/1831840/000162828025008190/0001628280-25-008190-index.htm

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