Customer growth increased Semrush\u2019s full-year revenue by 35% in 2022 to $254.3 million, up from 188.0 million in 2021.\u00a0<\/p>\n
Semrush expects to break even or show a small profit in 2023. It lost $33.8 million in 2022. <\/p>\n
The company is financially strong; cash and short-term investments totaled $237.5 million at the end of 2022.\u00a0<\/p>\n
Customers.<\/strong> Semrush added 13,000 customers in 2022 and ended the year with 95,000 paying customers, up from 82,000 customers in 2021. Semrush customers who paid more than $10,000 annually grew by more than 50% year-on-year.<\/p>\n The company also reported its platform had more than 800,000 free active users, up more than 50% year-on-year, and saw \u201crecord levels of new customer registrations and trials.\u201d<\/p>\n Employees.<\/strong> Semrush ended the year with more than 1,300 employees and more than 200 contractors.<\/p>\n The company also reported it has completed a successful relocation of about 600 employees who had been based in Russia, prior to the country\u2019s invasion of Ukraine last year, to new office locations (Spain, the Netherlands, Germany, Armenia, Serbia, Cyprus, and the Czech Republic).<\/p>\n Why we care.<\/strong> These financial results from Semrush confirm there continues to be strong demand for SEO and SEO platforms. Also, the company is cash rich and expects to reach profitability next year. That means the 2022 losses don\u2019t jeopardize the company\u2019s ongoing operations.\u00a0<\/p>\n Only \u201cminor fine-tuning\u201d need to help Semrush customers be found in chat-based search.<\/strong> \u201cThe outputs of (chat-interface search) are actually very similar to what happens if you try to produce (a) featured snippet based on a couple of top articles,\u201d is how Semrush president Eugene Levin responded to an analyst\u2019s question about search engines transitioning to chat interfaces.\u00a0He added:<\/p>\n \u201cSo from a technical point of view, optimizing for this is very similar to optimizing for featured snippets, which [we have helped] people to do for a very long time. And actually, we\u2019ve seen a lot of demand for those features and support of our tracking feature snippet, as well as proactive recommendations about how people can\u2026 be mentioned in those features snippets.\u201d<\/p>\n \u201cAt this point, we don\u2019t know what the final implementation (of search results) is going to be. We have only seen a couple of examples being implemented their approach to this, which is, I think, very user-friendly.\u201d<\/p>\n Dig deeper.<\/strong> Semrush Announces Fourth Quarter and Full Year 2022 Financial Results<\/a>.<\/p>\n The post Semrush ends 2022 with 95,000 customers, 35% revenue growth<\/a> appeared first on Search Engine Land<\/a>.<\/p>","protected":false},"excerpt":{"rendered":" Customer growth increased Semrush\u2019s full-year revenue by 35% in 2022 to $254.3 million, up from 188.0 million in 2021.\u00a0 Semrush expects to break even or show a small profit in 2023. It lost $33.8 million in 2022. The company is financially strong; cash and short-term investments totaled $237.5 million at the end of 2022.\u00a0 Customers. Semrush added 13,000 customers in 2022 and ended the year with 95,000 paying customers, up from 82,000 customers in 2021. Semrush customers who paid more than $10,000 annually grew by more […]<\/p>\n","protected":false},"author":0,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"h5ap_radio_sources":[],"cybocfi_hide_featured_image":"","footnotes":""},"categories":[1],"tags":[],"class_list":["post-8645","post","type-post","status-publish","format-standard","hentry","category-best-seo-blogs"],"featured_image_src":null,"featured_image_src_square":null,"author_info":{"display_name":false,"author_link":"https:\/\/craighordlow.com\/author\/"},"_links":{"self":[{"href":"https:\/\/craighordlow.com\/index.php\/wp-json\/wp\/v2\/posts\/8645","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/craighordlow.com\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/craighordlow.com\/index.php\/wp-json\/wp\/v2\/types\/post"}],"replies":[{"embeddable":true,"href":"https:\/\/craighordlow.com\/index.php\/wp-json\/wp\/v2\/comments?post=8645"}],"version-history":[{"count":0,"href":"https:\/\/craighordlow.com\/index.php\/wp-json\/wp\/v2\/posts\/8645\/revisions"}],"wp:attachment":[{"href":"https:\/\/craighordlow.com\/index.php\/wp-json\/wp\/v2\/media?parent=8645"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/craighordlow.com\/index.php\/wp-json\/wp\/v2\/categories?post=8645"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/craighordlow.com\/index.php\/wp-json\/wp\/v2\/tags?post=8645"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}