SEMR · Semrush Holdings, Inc. - Financials
Annual line items from SEC XBRL filings, sourced from EDGAR's Company Facts API with fallback to the quarterly Financial Statement Data Sets. See issuer overview for Form 4 activity and 10-K signals.
Income Statement
| Line item | Q4 '25 | Q3 '25 | Q2 '25 | Q1 '25 | Q4 '24 | Q3 '24 | Q2 '24 | Q1 '24 | Q4 '23 | Q3 '23 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | - | $112.08M | $108.89M | $105.02M | - | $97.41M | $90.95M | $85.81M | - | $78.72M |
| Cost of Revenue | - | $22.22M | $21.11M | $19.87M | - | $17.06M | $14.96M | $14.64M | - | $13.03M |
| Gross Profit | - | $89.86M | $87.78M | $85.15M | - | $80.35M | $75.99M | $71.17M | - | $65.69M |
| R&D | - | $25.71M | $23.80M | $21.91M | - | $22.18M | $19.29M | $17.30M | - | $14.07M |
| SG&A | - | $24.30M | $23.32M | $22.00M | - | $20.77M | $18.31M | $18.47M | - | $18.77M |
| Total Operating Expenses | - | $94.34M | $92.13M | $85.22M | - | $78.64M | $72.60M | $69.70M | - | $62.94M |
| D&A | - | $729.0K | $780.0K | $3.42M | - | $858.0K | $744.0K | $2.18M | - | $961.0K |
| Operating Income | - | ($4.49M) | ($4.34M) | ($74.0K) | - | $1.71M | $3.39M | $1.47M | - | $2.75M |
| Interest Expense | - | - | - | - | - | - | - | - | - | - |
| Income Tax | - | $65.0K | $4.72M | $3.44M | - | $3.90M | $4.65M | $3.10M | - | $637.0K |
| Net Income | - | ($2.14M) | ($6.57M) | $849.0K | - | $1.09M | $1.66M | $2.14M | - | $4.21M |
| EPS - Basic | - | ($0.01) | ($0.04) | $0.01 | - | $0.01 | $0.01 | $0.01 | - | $0.03 |
| EPS - Diluted | - | ($0.01) | ($0.04) | $0.01 | - | $0.01 | $0.01 | $0.01 | - | $0.03 |
Balance Sheet
| Line item | Q4 '25 | Q3 '25 | Q2 '25 | Q1 '25 | Q4 '24 | Q3 '24 | Q2 '24 | Q1 '24 | Q4 '23 | Q3 '23 |
|---|---|---|---|---|---|---|---|---|---|---|
| Cash & Equivalents | $264.28M | $80.78M | $54.32M | $64.67M | $48.88M | $45.08M | $69.63M | $41.39M | $58.85M | $41.19M |
| Accounts Receivable | $26.49M | $17.02M | $14.24M | $11.03M | $8.96M | $9.34M | $9.06M | $7.12M | $7.90M | $5.82M |
| Inventory | - | - | - | - | - | - | - | - | - | - |
| Accounts Payable | $23.80M | $20.88M | $13.51M | $14.22M | $10.46M | $11.54M | $11.20M | $10.16M | $9.19M | $9.90M |
| Current Assets | $324.85M | $323.87M | $301.11M | $297.45M | $276.18M | $272.41M | $280.60M | $276.79M | $265.55M | $260.49M |
| Total Assets | $454.14M | $450.41M | $424.95M | $416.50M | $390.94M | $383.80M | $372.95M | $341.73M | $331.49M | $301.96M |
| Current Liabilities | $154.05M | $141.28M | $125.68M | $126.70M | $114.09M | $113.05M | $112.01M | $100.53M | $94.48M | $88.66M |
| Long-term Debt | - | - | - | - | - | - | - | - | - | - |
| Total Liabilities | $163.14M | $151.86M | $136.78M | $138.34M | $124.59M | $124.80M | $123.79M | $110.68M | $107.17M | $97.19M |
| Stockholders' Equity | $288.55M | $289.68M | $279.05M | $268.69M | $256.60M | $248.52M | $235.62M | $226.02M | $219.15M | $204.77M |
| Retained Earnings | ($82.72M) | ($71.62M) | ($69.48M) | ($62.91M) | ($63.76M) | ($67.11M) | ($68.20M) | ($69.86M) | ($72.00M) | ($78.87M) |
Cash Flow
| Line item | Q4 '25 | Q3 '25 | Q2 '25 | Q1 '25 | Q4 '24 | Q3 '24 | Q2 '24 | Q1 '24 | Q4 '23 | Q3 '23 |
|---|---|---|---|---|---|---|---|---|---|---|
| Operating Cash Flow | - | - | - | $22.11M | - | - | - | $14.78M | - | - |
| Investing Cash Flow | - | - | - | ($5.69M) | - | - | - | ($31.98M) | - | - |
| Financing Cash Flow | - | - | - | ($345.0K) | - | - | - | $434.0K | - | - |
| CapEx | - | - | - | $725.0K | - | - | - | $759.0K | - | - |
| Free Cash Flow | - | - | - | $21.38M | - | - | - | $14.02M | - | - |
Ratios
| Metric | Q4 '25 | Q3 '25 | Q2 '25 | Q1 '25 | Q4 '24 | Q3 '24 | Q2 '24 | Q1 '24 | Q4 '23 | Q3 '23 |
|---|---|---|---|---|---|---|---|---|---|---|
| Profitability | ||||||||||
| Gross margin | - | 80.2% | 80.6% | 81.1% | - | 82.5% | 83.6% | 82.9% | - | 83.4% |
| Operating margin | - | -4.0% | -4.0% | -0.1% | - | 1.8% | 3.7% | 1.7% | - | 3.5% |
| EBITDA margin | - | -3.4% | -3.3% | 3.2% | - | 2.6% | 4.5% | 4.3% | - | 4.7% |
| Net margin | - | -1.9% | -6.0% | 0.8% | - | 1.1% | 1.8% | 2.5% | - | 5.4% |
| Free cash flow margin | - | - | - | 20.4% | - | - | - | 16.3% | - | - |
| FCF / Net income | - | - | - | 25.19 | - | - | - | 6.56 | - | - |
| R&D / Revenue | - | 22.9% | 21.9% | 20.9% | - | 22.8% | 21.2% | 20.2% | - | 17.9% |
| SG&A / Revenue | - | 21.7% | 21.4% | 21.0% | - | 21.3% | 20.1% | 21.5% | - | 23.8% |
| Effective tax rate | - | - | - | 80.2% | - | 78.1% | 73.7% | 59.2% | - | 13.1% |
| Return on assets | - | -0.5% | -1.5% | 0.2% | - | 0.3% | 0.4% | 0.6% | - | 1.4% |
| Return on equity | - | -0.7% | -2.4% | 0.3% | - | 0.4% | 0.7% | 0.9% | - | 2.1% |
| Return on invested capital | - | - | - | - | - | - | - | - | - | - |
| Liquidity | ||||||||||
| Current ratio | 2.11 | 2.29 | 2.40 | 2.35 | 2.42 | 2.41 | 2.51 | 2.75 | 2.81 | 2.94 |
| Quick ratio | 2.11 | 2.29 | 2.40 | 2.35 | 2.42 | 2.41 | 2.51 | 2.75 | 2.81 | 2.94 |
| Cash ratio | 1.72 | 0.57 | 0.43 | 0.51 | 0.43 | 0.40 | 0.62 | 0.41 | 0.62 | 0.46 |
| Leverage | ||||||||||
| Debt / Equity | - | - | - | - | - | - | - | - | - | - |
| Debt / Assets | - | - | - | - | - | - | - | - | - | - |
| Debt / EBITDA | - | - | - | - | - | - | - | - | - | - |
| Interest coverage | - | - | - | - | - | - | - | - | - | - |
| Equity multiplier | 1.57 | 1.55 | 1.52 | 1.55 | 1.52 | 1.54 | 1.58 | 1.51 | 1.51 | 1.47 |
| Liabilities / Assets | 0.36 | 0.34 | 0.32 | 0.33 | 0.32 | 0.33 | 0.33 | 0.32 | 0.32 | 0.32 |
| Efficiency | ||||||||||
| Asset turnover | - | 0.25 | 0.26 | 0.25 | - | 0.25 | 0.24 | 0.25 | - | 0.26 |
| Inventory turnover | - | - | - | - | - | - | - | - | - | - |
| Days sales outstanding | - | 55d | 48d | 38d | - | 35d | 36d | 30d | - | 27d |
| Days inventory outstanding | - | - | - | - | - | - | - | - | - | - |
| Days payable outstanding | - | 343d | 234d | 261d | - | 247d | 273d | 253d | - | 277d |
| Cash conversion cycle | - | - | - | - | - | - | - | - | - | - |
| Valuation | ||||||||||
| P / E | - | - | - | 933.0x | - | 1571.0x | 1339.0x | 1326.0x | - | 283.3x |
| P / B | - | 3.6x | 4.8x | 5.2x | - | 9.4x | 8.5x | 8.7x | - | 6.1x |
| P / S | - | 9.4x | 12.3x | 13.4x | - | 24.1x | 21.9x | 22.8x | - | 15.8x |
| EV / EBITDA | - | - | - | 401.5x | - | 898.3x | 464.8x | 525.1x | - | 324.1x |
| Growth | ||||||||||
| Revenue growth (YoY) | - | 15.1% | 19.7% | 22.4% | - | 23.7% | 21.8% | 21.1% | - | 19.6% |
| Revenue CAGR (3y) | - | 19.4% | 20.3% | 22.5% | - | 25.5% | 26.4% | 45.6% | - | - |
| Revenue CAGR (5y) | - | - | - | - | - | - | - | - | - | - |
| Gross profit growth (YoY) | - | 11.8% | 15.5% | 19.6% | - | 22.3% | 23.1% | 22.2% | - | 23.0% |
| Operating income growth (YoY) | - | - | - | - | - | -38.0% | - | - | - | - |
| Net income growth (YoY) | - | - | - | -60.3% | - | -74.0% | - | - | - | - |
| EPS growth (YoY) | - | - | - | 0.0% | - | -66.7% | - | - | - | - |
| EPS CAGR (3y) | - | - | - | - | - | - | - | - | - | - |
| EPS CAGR (5y) | - | - | - | - | - | - | - | - | - | - |
| FCF growth (YoY) | - | - | - | 52.5% | - | - | - | - | - | - |
| FCF CAGR (5y) | - | - | - | - | - | - | - | - | - | - |
| Book value growth (YoY) | 12.4% | 16.6% | 18.4% | 18.9% | 17.1% | 21.4% | 20.3% | 16.8% | 9.6% | -3.1% |
Sales by segment
From XBRL dimensional facts in the 10-K period ending 2025-12-31.
Business segments
$443.64M totalReportable Segment$443.64M · 100.0%
Geographic
$443.64M totalUS$219.38M · 49.5%
Other Geographical Area$184.22M · 41.5%
GB$40.04M · 9.0%
Peer comparison
Same SIC group: Services-Prepackaged Software
Comparing SEMrush Holdings against the 5 most active filers in the same SIC group.