NYSE$SEMR
Semrush Holdings Inc · Q2 2021 earnings
Q2 2021 earnings · · Investor relations
Briefing
Semrush's financial performance for Q2 2021 was reported, showing substantial revenue growth and customer acquisition.
Semrush announced strong second-quarter results with a 58% year-over-year increase in revenue, reaching $45 million. The company also saw a significant rise in ARR and customer base, alongside improvements in net loss and non-GAAP net income.
- Total revenue reached $45 million, a 58% increase year-over-year.
- ARR stood at $188 million as of June 30, 2021, marking a 57% year-over-year growth.
- Dollar-based net revenue retention rate was 121%, up 500 basis points sequentially.
- The company reported a net loss of $279 thousand, an improvement from the previous year's $2.1 million loss.
Headline financials
Revenue & EPS history
Semrush · Revenue · Quarterly
$45M
Forward guidance
Semrush provided financial guidance for the third quarter and full year 2021, indicating continued revenue growth and a non-GAAP net loss.
Tailwinds
- Revenue for Q3 2021 is expected to be in the range of $47.3 million to $47.7 million, representing a 47-48% year-over-year increase.
- Full year 2021 revenue is projected to be between $182 million and $184 million, up 46-47% year-over-year.
- Company grew revenue 13% sequentially and 58% year over year
- ARR of $188 million as of June 30, 2021, up 57% year over year
- Continued to add new capabilities to our platform in the second quarter
Headwinds
- Non-GAAP net loss for Q3 2021 is expected to be in the range of $4.5 million to $4.0 million.
- Full year 2021 non-GAAP net loss is anticipated to be between $7.9 million and $6.3 million.
- Reconciliation of non-GAAP net loss guidance to the most directly comparable GAAP measure is not available without unreasonable efforts on a forward-looking basis
- Variability of the above charges to have a significant, and potentially unpredictable, impact on our future GAAP financial results.
- The forward-looking statements contained in this release are also subject to other risks and uncertainties
Historical earnings impact
How earnings announcements have historically affected this stock's price.
Avg. return before/after earnings
Based on 20 quarterly earnings reports · overlaid with Q2 2021
-3.7%
Avg return
Earnings day
-2.0%
Avg return
5 days after
+2.4%
Avg return
30 days after
20%
5 / 25 earnings
Positive
+16.9%
Q1 2024
Best reaction
-21.3%
Q4 2024
Worst reaction
| Quarter | Report date | Reaction (Day 0) | +5 days | +30 days |
|---|---|---|---|---|
| Q4 2025 | +1.0% | +1.1% | +1.3% | |
| Q3 2025 | +6.1% | +3.8% | +67.2% | |
| Q2 2025 | -20.7% | -22.7% | -16.6% | |
| Q1 2025 | -2.2% | +6.1% | +1.2% | |
| Q4 2024 | -21.3% | -26.8% | -36.6% | |
| Q3 2024 | -3.9% | +1.4% | +2.4% | |
| Q2 2024 | -1.3% | +2.3% | -0.5% | |
| Q1 2024 | +16.9% | +21.8% | +24.3% | |
| Q4 2023 | -13.3% | -9.2% | +4.9% | |
| Q3 2023 | -5.3% | +2.7% | +38.2% | |
| Q2 2023 | +2.8% | -4.0% | -9.3% | |
| Q1 2023 | -14.0% | -12.8% | -21.7% | |
| Q4 2022 | +11.2% | +9.7% | +26.9% | |
| Q3 2022 | -16.4% | -22.7% | -28.9% | |
| Q2 2022 | -3.3% | +4.2% | -10.4% | |
| Q1 2022 | -4.4% | +3.8% | +23.6% | |
| Q4 2019 | -1.7% | -0.9% | -3.1% | |
| Q4 2021 | -4.6% | -20.0% | -15.4% | |
| Q3 2020 | -1.5% | -5.9% | -24.4% | |
| Q3 2021 | -4.8% | +3.8% | -21.8% | |
| Q2 2020 | -2.3% | +3.9% | +33.3% | |
| Q2 2021 | -3.3% | +7.2% | +28.8% | |
| Q1 2021 | -2.1% | +1.2% | -1.4% | |
| Q4 2020 | -2.1% | +1.2% | -1.4% | |
| Q1 2020 | -2.1% | +1.2% | -1.4% |
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