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Mar 31, 2023
Semrush Q1 2023 Earnings Report
Achieved revenue growth and surpassed paying customers milestone.
Key Takeaways
Semrush reported a 24% year-over-year increase in revenue, reaching $70.9 million in Q1 2023. The company also surpassed 100,000 paying customers and saw a 23% year-over-year growth in ARR.
Revenue increased by 24% year-over-year, reaching $70.9 million.
ARR grew by 23% year-over-year, totaling $293 million.
The company exceeded 100,000 paying customers, marking a 15% increase from the previous year.
Dollar based net revenue retention rate was 116%.
Historical Earnings Impact
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Avg. Return Before/After Earnings
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