vs

Side-by-side financial comparison of McEwen Inc. (MUX) and SEMrush Holdings, Inc. (SEMR). Click either name above to swap in a different company.

SEMrush Holdings, Inc. is the larger business by last-quarter revenue ($117.7M vs $64.6M, roughly 1.8× McEwen Inc.). McEwen Inc. runs the higher net margin — 59.0% vs -9.4%, a 68.4% gap on every dollar of revenue. On growth, McEwen Inc. posted the faster year-over-year revenue change (92.8% vs 14.6%). Over the past eight quarters, McEwen Inc.'s revenue compounded faster (25.2% CAGR vs 17.1%).

McEwen Inc (ticker MUX) is a natural resource company primarily engaged in the exploration, development, and production of gold, silver, and copper assets. Its core operations are located across North and South America, serving global commodity markets with a focus on sustainable, responsible mining practices.

Semrush Holdings, Inc. is an American public company that has a SaaS platform known as Semrush. The platform is used for keyword research, competitive analysis, site audits, backlink tracking, domain authority tracking, and online visibility insights. The keyword research tool provides various data points on each keyword. The platform also collects information about online keywords gathered from Google and Bing search engines. It was released by Boston-based company Semrush Inc, founded by Ol...

MUX vs SEMR — Head-to-Head

Bigger by revenue
SEMR
SEMR
1.8× larger
SEMR
$117.7M
$64.6M
MUX
Growing faster (revenue YoY)
MUX
MUX
+78.1% gap
MUX
92.8%
14.6%
SEMR
Higher net margin
MUX
MUX
68.4% more per $
MUX
59.0%
-9.4%
SEMR
Faster 2-yr revenue CAGR
MUX
MUX
Annualised
MUX
25.2%
17.1%
SEMR

Income Statement — Q4 FY2025 vs Q4 FY2025

Metric
MUX
MUX
SEMR
SEMR
Revenue
$64.6M
$117.7M
Net Profit
$38.1M
$-11.1M
Gross Margin
26.9%
80.4%
Operating Margin
34.2%
-11.8%
Net Margin
59.0%
-9.4%
Revenue YoY
92.8%
14.6%
Net Profit YoY
563.1%
-431.8%
EPS (diluted)
$0.66
$-0.09

Green = leading value per metric. Periods may differ when fiscal calendars don't align.

8-Quarter Revenue & Profit Trend

Side-by-side quarterly history. Quarters aligned by calendar period so offset fiscal years line up.

Revenue
MUX
MUX
SEMR
SEMR
Q4 25
$64.6M
$117.7M
Q3 25
$50.5M
$112.1M
Q2 25
$46.7M
$108.9M
Q1 25
$35.7M
$105.0M
Q4 24
$33.5M
$102.6M
Q3 24
$52.3M
$97.4M
Q2 24
$47.5M
$91.0M
Q1 24
$41.2M
$85.8M
Net Profit
MUX
MUX
SEMR
SEMR
Q4 25
$38.1M
$-11.1M
Q3 25
$-462.0K
$-2.1M
Q2 25
$3.0M
$-6.6M
Q1 25
$-6.3M
$849.0K
Q4 24
$-8.2M
$3.3M
Q3 24
$-2.1M
$1.1M
Q2 24
$-13.0M
$1.7M
Q1 24
$-20.4M
$2.1M
Gross Margin
MUX
MUX
SEMR
SEMR
Q4 25
26.9%
80.4%
Q3 25
15.5%
80.2%
Q2 25
26.3%
80.6%
Q1 25
28.2%
81.1%
Q4 24
1.1%
81.7%
Q3 24
26.4%
82.5%
Q2 24
22.7%
83.6%
Q1 24
14.6%
82.9%
Operating Margin
MUX
MUX
SEMR
SEMR
Q4 25
34.2%
-11.8%
Q3 25
-16.7%
-4.0%
Q2 25
-7.2%
-4.0%
Q1 25
-21.4%
-0.1%
Q4 24
-43.4%
1.7%
Q3 24
-0.2%
1.8%
Q2 24
-29.4%
3.7%
Q1 24
-53.3%
1.7%
Net Margin
MUX
MUX
SEMR
SEMR
Q4 25
59.0%
-9.4%
Q3 25
-0.9%
-1.9%
Q2 25
6.5%
-6.0%
Q1 25
-17.6%
0.8%
Q4 24
-24.6%
3.3%
Q3 24
-4.0%
1.1%
Q2 24
-27.4%
1.8%
Q1 24
-49.4%
2.5%
EPS (diluted)
MUX
MUX
SEMR
SEMR
Q4 25
$0.66
$-0.09
Q3 25
$-0.01
$-0.01
Q2 25
$0.06
$-0.04
Q1 25
$-0.12
$0.01
Q4 24
$-0.15
$0.03
Q3 24
$-0.04
$0.01
Q2 24
$-0.26
$0.01
Q1 24
$-0.41
$0.01

Balance Sheet & Financial Strength

Snapshot of each company's liquidity, leverage and book value from the latest quarter.

Metric
MUX
MUX
SEMR
SEMR
Cash + ST InvestmentsLiquidity on hand
$72.1M
$264.3M
Total DebtLower is stronger
$126.2M
Stockholders' EquityBook value
$546.2M
$288.6M
Total Assets
$820.2M
$454.1M
Debt / EquityLower = less leverage
0.23×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
MUX
MUX
SEMR
SEMR
Q4 25
$72.1M
$264.3M
Q3 25
$75.4M
$80.8M
Q2 25
$69.5M
$54.3M
Q1 25
$79.3M
$64.7M
Q4 24
$15.3M
$48.9M
Q3 24
$30.2M
$45.1M
Q2 24
$42.6M
$69.6M
Q1 24
$22.0M
$41.4M
Total Debt
MUX
MUX
SEMR
SEMR
Q4 25
$126.2M
Q3 25
$126.0M
Q2 25
$125.8M
Q1 25
$125.5M
Q4 24
$40.0M
Q3 24
$31.0M
Q2 24
$34.0M
Q1 24
$37.0M
Stockholders' Equity
MUX
MUX
SEMR
SEMR
Q4 25
$546.2M
$288.6M
Q3 25
$488.6M
$289.7M
Q2 25
$484.5M
$279.0M
Q1 25
$479.8M
$268.7M
Q4 24
$495.0M
$256.6M
Q3 24
$502.1M
$248.5M
Q2 24
$485.2M
$235.6M
Q1 24
$482.5M
$226.0M
Total Assets
MUX
MUX
SEMR
SEMR
Q4 25
$820.2M
$454.1M
Q3 25
$747.6M
$450.4M
Q2 25
$735.6M
$424.9M
Q1 25
$730.6M
$416.5M
Q4 24
$664.6M
$390.9M
Q3 24
$667.8M
$383.8M
Q2 24
$645.1M
$372.9M
Q1 24
$638.7M
$341.7M
Debt / Equity
MUX
MUX
SEMR
SEMR
Q4 25
0.23×
Q3 25
0.26×
Q2 25
0.26×
Q1 25
0.26×
Q4 24
0.08×
Q3 24
0.06×
Q2 24
0.07×
Q1 24
0.08×

Cash Flow & Capital Efficiency

How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.

Metric
MUX
MUX
SEMR
SEMR
Operating Cash FlowLast quarter
$3.1M
$14.9M
Free Cash FlowOCF − Capex
$14.8M
FCF MarginFCF / Revenue
12.6%
Capex IntensityCapex / Revenue
0.1%
Cash ConversionOCF / Net Profit
0.08×
TTM Free Cash FlowTrailing 4 quarters
$57.8M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
MUX
MUX
SEMR
SEMR
Q4 25
$3.1M
$14.9M
Q3 25
$5.2M
$21.9M
Q2 25
$478.0K
$684.0K
Q1 25
$-1.9M
$22.1M
Q4 24
$-1.2M
$11.9M
Q3 24
$23.2M
$8.1M
Q2 24
$3.6M
$12.1M
Q1 24
$3.9M
$14.8M
Free Cash Flow
MUX
MUX
SEMR
SEMR
Q4 25
$14.8M
Q3 25
$21.5M
Q2 25
$80.0K
Q1 25
$21.4M
Q4 24
$11.5M
Q3 24
$7.6M
Q2 24
$10.0M
Q1 24
$14.0M
FCF Margin
MUX
MUX
SEMR
SEMR
Q4 25
12.6%
Q3 25
19.2%
Q2 25
0.1%
Q1 25
20.4%
Q4 24
11.2%
Q3 24
7.8%
Q2 24
11.0%
Q1 24
16.3%
Capex Intensity
MUX
MUX
SEMR
SEMR
Q4 25
0.1%
Q3 25
0.4%
Q2 25
0.6%
Q1 25
0.7%
Q4 24
0.4%
Q3 24
0.5%
Q2 24
2.4%
Q1 24
0.9%
Cash Conversion
MUX
MUX
SEMR
SEMR
Q4 25
0.08×
Q3 25
Q2 25
0.16×
Q1 25
26.04×
Q4 24
3.57×
Q3 24
7.44×
Q2 24
7.32×
Q1 24
6.91×

Financial Flow Comparison

Revenue → gross profit → operating profit → net profit for each company.

Related Comparisons