other_material
confidence high
sentiment positive
materiality 0.85
Semrush Q2 revenue $108.9M (+20% YoY), operating loss $4.3M; announces $150M buyback
SEMrush Holdings, Inc.
- Revenue of $108.9M, up 20% YoY; ARR of $435.3M, up 15% YoY.
- GAAP operating loss of ($4.3)M vs income $3.4M YoY; non-GAAP operating income $12.0M, margin 11.0%.
- Dollar-based net revenue retention 105%; customers paying >$50k annually increased 83% YoY.
- Board authorized $150M share repurchase program with no time limit.
- Cash flow from operations $0.7M, margin 0.6%; ~116,000 paying customers.
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