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SEMrush Holdings (SEMrush Holdings) Gross Profit : $268.3 Mil (TTM As of Mar. 2024)


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What is SEMrush Holdings Gross Profit?

SEMrush Holdings's gross profit for the three months ended in Mar. 2024 was $71.2 Mil. SEMrush Holdings's gross profit for the trailing twelve months (TTM) ended in Mar. 2024 was $268.3 Mil.

Gross Margin % is calculated as gross profit divided by its revenue. SEMrush Holdings's gross profit for the three months ended in Mar. 2024 was $71.2 Mil. SEMrush Holdings's Revenue for the three months ended in Mar. 2024 was $85.8 Mil. Therefore, SEMrush Holdings's Gross Margin % for the quarter that ended in Mar. 2024 was 82.93%.

SEMrush Holdings had a gross margin of 82.93% for the quarter that ended in Mar. 2024 => Durable competitive advantage

During the past 5 years, the highest Gross Margin % of SEMrush Holdings was 83.16%. The lowest was 75.53%. And the median was 77.69%.


SEMrush Holdings Gross Profit Historical Data

The historical data trend for SEMrush Holdings's Gross Profit can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

SEMrush Holdings Gross Profit Chart

SEMrush Holdings Annual Data
Trend Dec19 Dec20 Dec21 Dec22 Dec23
Gross Profit
69.57 94.95 146.07 205.76 255.35

SEMrush Holdings Quarterly Data
Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Gross Profit Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 58.23 61.72 65.69 69.71 71.17

Competitive Comparison of SEMrush Holdings's Gross Profit

For the Software - Application subindustry, SEMrush Holdings's Gross Profit, along with its competitors' market caps and Gross Profit data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


SEMrush Holdings's Gross Profit Distribution in the Software Industry

For the Software industry and Technology sector, SEMrush Holdings's Gross Profit distribution charts can be found below:

* The bar in red indicates where SEMrush Holdings's Gross Profit falls into.



SEMrush Holdings Gross Profit Calculation

Gross Profit is the different between the sale prices and the cost of buying or producing the goods.

SEMrush Holdings's Gross Profit for the fiscal year that ended in Dec. 2023 is calculated as

Gross Profit (A: Dec. 2023 )=Revenue - Cost of Goods Sold
=307.675 - 52.327
=255.3

SEMrush Holdings's Gross Profit for the quarter that ended in Mar. 2024 is calculated as

Gross Profit (Q: Mar. 2024 )=Revenue - Cost of Goods Sold
=85.812 - 14.645
=71.2

Gross Profit for the trailing twelve months (TTM) ended in Mar. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was $268.3 Mil.

Gross Profit is the numerator in the calculation of Gross Margin.

SEMrush Holdings's Gross Margin % for the quarter that ended in Mar. 2024 is calculated as

Gross Margin % (Q: Mar. 2024 )=Gross Profit (Q: Mar. 2024 ) / Revenue (Q: Mar. 2024 )
=(Revenue - Cost of Goods Sold) / Revenue
=71.2 / 85.812
=82.93 %

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

A positive Gross Profit is only the first step for a company to make a net profit. The gross profit needs to be big enough to also cover related labor, equipment, rental, marketing/advertising, research and development and a lot of other costs in selling the products.


SEMrush Holdings  (NYSE:SEMR) Gross Profit Explanation

Warren Buffett believes that firms with excellent long term economics tend to have consistently higher margins.

Durable competitive advantage creates a high Gross Margin % because of the freedom to price in excess of cost. Companies can be categorized by their Gross Margin %

1. Greater than 40% = Durable competitive advantage
2. Less than 40% = Competition eroding margins
3. Less than 20% = no sustainable competitive advantage
Consistency of Gross Margin is key

SEMrush Holdings had a gross margin of 82.93% for the quarter that ended in Mar. 2024 => Durable competitive advantage


SEMrush Holdings Gross Profit Related Terms

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SEMrush Holdings (SEMrush Holdings) Business Description

Traded in Other Exchanges
Address
800 Boylston Street, Suite 2475, Boston, MA, USA, 02199
SEMrush Holdings Inc is engaged in the provision of an online visibility management software-as-a-service platform. Its platform enables subscribers to improve their online visibility and drive traffic, including on their websites and social media pages, and distribute highly relevant content to their customers on a targeted basis across various channels to drive high-quality traffic and measure the effectiveness of their digital marketing campaigns. Geographically, it generates revenues from the US, the UK, and other regions.
Executives
Eugenie Levin officer: Chief Strategy and CDO C/O SEMRUSH HOLDINGS, INC, 800 BOYLSTON STREET, SUITE 2475, BOSTON MA 02199
Andrew Warden officer: Chief Marketing Officer C/O SEMRUSH HOLDINGS, INC., 800 BOYLSTON STREET, SUITE 2475, BOSTON MA 02199
Dmitry Melnikov director, 10 percent owner, officer: Chief Operating Officer C/O SEMRUSH HOLDINGS, INC., 800 BOYLSTON STREET, SUITE 2475, BOSTON MA 02199
Oleg Shchegolev director, 10 percent owner, officer: Chief Executive Officer C/O SEMRUSH HOLDINGS, INC., 800 BOYLSTON STREET, SUITE 2475, BOSTON MA 02199
Vitalii Obishchenko officer: Chief Product Officer C/O SEMRUSH HOLDINGS, INC., 800 BOYLSTON STREET, SUITE 2475, BOSTON MA 02199
Mark Vranesh director C/O ZYNGA INC., 699 EIGHTH STREET, SAN FRANCISCO CA 94103
David W Mason officer: General Counsel 210 BROADWAY, CAMBRIDGE MA 02139
William Raymond Wagner director C/O VOCUS, INC., 4296 FORBES BOULEVARD, LANHAM MD 20706
Steven Aldrich director C/O GODADDY INC., 14455 N. HAYDEN RD. #219, SCOTTSDALE AZ 85260
Anna Baird director C/O SEATGEEK, INC., 902 BROADWAY,10TH FLOOR, NEW YORK NY 10010
Brian Mulroy officer: Chief Financial Officer C/O SEMRUSH HOLDINGS, INC., 800 BOYLSTON STREET, SUITE 2475, BOSTON MA 02199
Evgeny Fetisov officer: Chief Financial Officer C/O SEMRUSH HOLDINGS, INC., 800 BOYLSTON STREET, SUITE 2475, BOSTON MA 02199
Semr Holdings Ltd. 10 percent owner 2-4 ARCH. MAKARIOS III AVENUE, 9TH FLOOR CAPITAL CENTER, NICOSIA PC G4 1065
Delbert M Humenik officer: Chief Revenue Officer 911 PANORAMA TRAIL SOUTH, ROCHESTER NY 14625
Greycroft Growth Ii, L.p. 10 percent owner 292 MADISON AVENUE, 20TH FLOOR, NEW YORK NY 10017