NYSE$SEMR
Semrush Holdings Inc · Q4 2024 earnings
Q4 2024 earnings · · After market close · Investor relations
Briefing
Semrush reported strong fourth quarter and full year 2024 financial results, with significant revenue growth and improved profitability, and announced a CEO transition.
Semrush Holdings, Inc. announced robust financial results for the fourth quarter and full year ended December 31, 2024, with Q4 revenue up 23% year-over-year to $102.6 million and full year revenue up 22% to $376.8 million. The company also reported a significant increase in non-GAAP operating income and free cash flow, alongside a leadership transition with William R. Wagner named as the new CEO and co-founder Oleg Shchegolev transitioning to CTO.
- Fourth quarter revenue increased by 23% year-over-year to $102.6 million.
- Non-GAAP income from operations for Q4 was $11.8 million, up from $8.3 million in the prior year period.
- Achieved an Annual Recurring Revenue (ARR) of $411.6 million, representing a 22% year-over-year increase.
- William R. Wagner was appointed as the new CEO, effective March 10, 2025, with co-founder Oleg Shchegolev transitioning to Chief Technology Officer.
Headline financials
Revenue & EPS history
Semrush · Revenue · Quarterly
$103M
Forward guidance
Semrush provided optimistic financial guidance for the first quarter and full year 2025, anticipating continued revenue growth and stable non-GAAP operating margins.
Tailwinds
- Expected Q1 2025 revenue in the range of $103.9 million to $104.7 million, representing approximately 22% year-over-year growth at the mid-point.
- Expected full year 2025 revenue in the range of $448 million to $453 million, representing approximately 20% year-over-year growth at the mid-point.
- Expected first quarter non-GAAP operating margin to be approximately 11%.
- Expected full year non-GAAP operating margin to be approximately 12%.
- Expected full year free cash flow margin to be approximately 12%.
Headwinds
- Reconciliations of non-GAAP operating margin and free cash flow margin guidance to GAAP measures are not available without unreasonable efforts due to high variability and complexity.
- The variability of excluded charges, such as share-based compensation expense and employer taxes, is expected to have a significant and potentially unpredictable impact on future GAAP financial results.
- Future hiring, turnover, and retention needs directly impact employer taxes and tax deductions specific to equity compensation awards, contributing to unpredictability.
- The company disclaims any obligation to update forward-looking statements, except as required by law.
- Forward-looking statements are subject to substantial risks and uncertainties, as detailed in SEC filings.
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 Q4 2024
-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% |
Discussion
Share your read of this quarter. Sign-in carries your eToro identity.
Join the conversation
Sign in with eToro to post your read of this quarter and vote on others'.
Sign in with eToro