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UNAUDITED CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS AND COMPREHENSIVE (LOSS) INCOME - USD ($)
$ in Thousands
3 Months Ended 6 Months Ended
Jun. 30, 2025
Jun. 30, 2024
Jun. 30, 2025
Jun. 30, 2024
Income Statement [Abstract]        
Revenue $ 108,892 $ 90,951 $ 213,910 $ 176,763
Cost of revenue 21,110 14,957 40,981 29,602
Gross profit 87,782 75,994 172,929 147,161
Operating expenses        
Sales and marketing 45,011 35,000 86,318 68,921
Research and development 23,801 19,288 45,713 36,592
General and administrative 23,315 18,312 45,317 36,786
Total operating expenses 92,127 72,600 177,348 142,299
(Loss) income from operations (4,345) 3,394 (4,419) 4,862
Other income, net 2,287 2,616 6,459 6,255
(Loss) income before income taxes (2,058) 6,010 2,040 11,117
Provision for income taxes 4,719 4,649 8,162 7,753
Net (loss) income (6,777) 1,361 (6,122) 3,364
Net loss attributable to noncontrolling interest in consolidated subsidiaries (210) (298) (404) (433)
Net (loss) income attributable to Semrush Holdings, Inc. $ (6,567) $ 1,659 $ (5,718) $ 3,797
Net (loss) income attributable to Semrush Holdings, Inc. per share attributable to common stockholder—basic (in dollars per share) $ (0.04) $ 0.01 $ (0.04) $ 0.03
Net (loss) income attributable to Semrush Holdings, Inc. per share attributable to common stockholders—diluted (in dollars per share) $ (0.04) $ 0.01 $ (0.04) $ 0.03
Weighted-average number of shares of common stock used in computing net (loss) income per share attributable to common stockholders—basic (in shares) 148,310,571 145,678,323 147,765,447 145,121,951
Weighted-average number of shares of common stock used in computing net (loss) income per share attributable to common stockholders—diluted (in shares) 148,310,571 148,825,311 147,765,447 148,261,407
Comprehensive income (loss)        
Net (loss) income $ (6,777) $ 1,361 $ (6,122) $ 3,364
Other comprehensive (loss) income:        
Foreign currency translation adjustments 3,050 (119) 4,370 (604)
Unrealized gain (loss) on investments 123 (184) 713 (928)
Comprehensive (loss) income (3,604) 1,058 (1,039) 1,832
Comprehensive loss attributable to noncontrolling interest in consolidated subsidiaries (210) (298) (404) (433)
Comprehensive (loss) income attributable to Semrush Holdings, Inc. $ (3,394) $ 1,356 $ (635) $ 2,265