Semrush is owned by Adobe. Adobe completed its acquisition of Semrush Holdings on 28 April 2026, paying $12.00 per share in cash; Semrush is now a wholly owned Adobe subsidiary, according to Semrush’s Form 8-K. Adobe has no controlling owner; its largest holders are Vanguard (10.17%) and BlackRock (9.31%).
Correction (10 Oct 2026): earlier versions of this page showed undated or unsourced ownership figures. Ownership now comes from Adobe Inc.’s filings (Semrush Form 8-K (28 Apr 2026); Adobe 2026 proxy); the rest of the article is kept as it was.
How we source: figures on this page come from the company’s own filings (SEC 10-K, 10-Q, prospectus and earnings releases, or its annual report), with the period stated next to each number; outside estimates appear only labelled, with their source and date. Last refreshed October 2026. Our methodology.
Semrush’s Form 8-K reports that on 28 April 2026 Adobe completed the acquisition under a merger agreement dated 18 November 2025; each Semrush Class A and Class B share was converted into the right to receive $12.00 in cash, and Semrush survived as a wholly owned subsidiary of Adobe. Semrush’s shares were delisted. Adobe’s 2026 proxy statement lists The Vanguard Group (10.17%) and BlackRock (9.31%) as its 5% holders. See who owns Adobe.
The Business Engineer view
Adobe bought Semrush to add search and AI-visibility data to its marketingsoftware. For Semrush’s users, the owner is now a company that sells them content creation and analytics in one stack.
Semrush is primarily owned by its co-founders, Oleg Shchegolev and Dmitry Melnikov, who own most of the company’s shares and control it via most of the voting power.
Semrush was slightly profitable in 2023, as it reported a net profit of $950K in 2023, compared to a net loss of $33.85 million in 2022 and a $3.28 net loss for 2021.
Semrush is primarily owned by its co-founders, Oleg Shchegolev and Dmitry Melnikov, who own most of the company’s shares and control it via most of the voting power.
Gennaro Cuofano is a CRO and tech executive who has worked in AI since late 2015, starting with bringing NLP, natural-language generation, voice and chatbot products to the marketing industry. His background is in law and finance: he holds a Master's degree in Law and an International MBA with an emphasis on corporate finance (LUISS Business School and the University of San Diego, 2012), and worked as a financial analyst at a real-estate investment firm in San Diego and as an assistant controller. His work focuses on business model strategy, business engineering and, more broadly, structural analysis: how companies make money, read from their own filings. He created FourWeekMBA and leads research there and at The Business Engineer, his newsletter on AI and business strategy, with over 95,000 subscribers and more than 1,000 published analyses. His writing has also appeared on Entrepreneur (for example, How to Digitize a Family Business in Europe) and HackerNoon. Find him on LinkedIn and Substack. See how we source.
