Semrush Hldgs Inc Financials
This page shows Semrush Hldgs Inc (SEMR) financial statements, including the income statement, balance sheet, cash flow statement, and key financial ratios. View 7 years of annual fundamentals and quarterly data, with year-over-year growth rates and compound annual growth rates (CAGR). All figures are derived from SEC filings (10-K and 10-Q reports).
Semrush's 2025 business mechanic was high-margin revenue growth funding strong cash generation even as heavier spending pushed accounting losses.
Between FY2024 and FY2025, cash conversion improved while reported profitability reversed: net income fell from$8.2M to-$19.0M , yet operating cash flow rose from$47.0M to$59.6M and free cash flow reached$57.8M . That gap says the 2025 setback was not a simple cash-earnings collapse; the model still throws off cash because gross margins stayed above80.0% and capital needs were tiny at just$1.8M of capex.
The operating loss looks driven by reinvestment intensity more than weak monetization: revenue increased by
The balance sheet ended FY2025 in a much more liquid posture: cash and equivalents jumped to
Financial Health Signals
Scored against operating companies for FY2025. Each of the six dimensions is a percentile rank within that peer group; the overall is their average, with missing dimensions counted as zero out of six. A high score means strong standing among peers, not absolute cross-industry strength. How this score is calculated →
Health score ≠ stock price. This rates the quality of Semrush Hldgs Inc's business: profitability, growth, balance sheet strength. It doesn't tell you whether the stock is a good buy at today's price. Not financial advice. Use it alongside valuation analysis and your own research.
Semrush Hldgs Inc has an operating margin of -5.1%, meaning the company retains $-5 of operating profit per $100 of revenue. This results in a moderate score of 31/100, indicating healthy but not exceptional operating efficiency. This is down from 2.2% the prior year.
Semrush Hldgs Inc's revenue surged 17.7% year-over-year to $443.6M, reflecting rapid business expansion. This strong growth earns a score of 82/100.
Semrush Hldgs Inc has a moderate D/E ratio of 0.57. This balance of debt and equity financing earns a leverage score of 57/100.
Semrush Hldgs Inc's current ratio of 2.11 indicates adequate short-term liquidity, earning a score of 60/100. The company can meet its near-term obligations, though with limited headroom.
Semrush Hldgs Inc converts 13.0% of revenue into free cash flow ($57.8M). This strong cash generation earns a score of 68/100.
Semrush Hldgs Inc generates a -6.6% ROE, indicating limited profit relative to shareholders' investment. This results in a returns score of 27/100. This is down from 3.2% the prior year.
Semrush Hldgs Inc scores 7.68, well above the 2.99 safe threshold. The score is driven primarily by a large market capitalization ($1.8B) relative to total liabilities ($163.1M). This indicates low bankruptcy risk based on profitability, leverage, and asset efficiency.
Distress-screening estimate for non-financial companies. Not computed for banks or insurers, where the Altman model does not apply.
Semrush Hldgs Inc passes 3 of 7 computable financial strength tests (2 of the nine could not be computed from available data). 2 of 4 profitability signals pass, no leverage/liquidity signals pass (rising debt, declining liquidity, or share dilution), 1 of 2 efficiency signals pass.
For every $1 of reported earnings, Semrush Hldgs Inc generates $-3.14 in operating cash flow ($59.6M OCF vs -$19.0M net income). This mixed ratio suggests some earnings may rely on non-cash accounting items.
Key Financial Metrics
Earnings & Revenue
Semrush Hldgs Inc generated $443.6M in revenue in fiscal year 2025. This represents an increase of 17.7% from the prior year.
Semrush Hldgs Inc's EBITDA was -$8.9M in fiscal year 2025, measuring earnings before interest, taxes, depreciation, and amortization. This represents a decrease of 148.7% from the prior year.
Semrush Hldgs Inc reported -$19.0M in net income in fiscal year 2025. This represents a decrease of 330.2% from the prior year.
Semrush Hldgs Inc earned $-0.13 per diluted share (EPS) in fiscal year 2025. This represents a decrease of 316.7% from the prior year.
Cash & Balance Sheet
Semrush Hldgs Inc generated $57.8M in free cash flow in fiscal year 2025, representing cash available after capex. This represents an increase of 33.8% from the prior year.
Semrush Hldgs Inc held $264.3M in cash against $0 in long-term debt as of fiscal year 2025.
Margins & Returns
Semrush Hldgs Inc's gross margin was 80.5% in fiscal year 2025, indicating the percentage of revenue retained after direct costs. This is down 2.1 percentage points from the prior year.
Semrush Hldgs Inc's operating margin was -5.1% in fiscal year 2025, reflecting core business profitability. This is down 7.3 percentage points from the prior year.
Semrush Hldgs Inc's net profit margin was -4.3% in fiscal year 2025, showing the share of revenue converted to profit. This is down 6.5 percentage points from the prior year.
Semrush Hldgs Inc's ROE was -6.6% in fiscal year 2025, measuring profit generated per dollar of shareholder equity. This is down 9.8 percentage points from the prior year.
Capital Allocation
Semrush Hldgs Inc invested $97.2M in research and development in fiscal year 2025. This represents an increase of 21.3% from the prior year.
Semrush Hldgs Inc invested $1.8M in capex in fiscal year 2025, funding long-term assets and infrastructure. This represents a decrease of 52.8% from the prior year.
SEMR Income Statement
| Metric | Q4'25 | Q3'25 | Q2'25 | Q1'25 | Q4'24 | Q3'24 | Q2'24 | Q1'24 |
|---|---|---|---|---|---|---|---|---|
| Revenue | $117.7M+5.0% | $112.1M+2.9% | $108.9M+3.7% | $105.0M+2.3% | $102.6M+5.4% | $97.4M+7.1% | $91.0M+6.0% | $85.8M |
| Cost of Revenue | $23.1M+4.0% | $22.2M+5.3% | $21.1M+6.2% | $19.9M+5.6% | $18.8M+10.3% | $17.1M+14.1% | $15.0M+2.1% | $14.6M |
| Gross Profit | $94.6M+5.2% | $89.9M+2.4% | $87.8M+3.1% | $85.1M+1.6% | $83.8M+4.3% | $80.3M+5.7% | $76.0M+6.8% | $71.2M |
| R&D Expenses | $25.7M+0.2% | $25.7M+8.0% | $23.8M+8.6% | $21.9M+2.8% | $21.3M-4.0% | $22.2M+15.0% | $19.3M+11.5% | $17.3M |
| SG&A Expenses | $36.8M+51.4% | $24.3M+4.2% | $23.3M+6.0% | $22.0M+4.5% | $21.1M+1.4% | $20.8M+13.4% | $18.3M-0.9% | $18.5M |
| Operating Income | -$13.9M-209.6% | -$4.5M-3.3% | -$4.3M-5771.6% | -$74K-104.3% | $1.7M+2.1% | $1.7M-49.8% | $3.4M+131.2% | $1.5M |
| Interest Expense | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Income Tax | $1.2M+1696.9% | $65K-98.6% | $4.7M+37.1% | $3.4M+150.4% | $1.4M-64.7% | $3.9M-16.1% | $4.6M+49.8% | $3.1M |
| Net Income | -$11.1M-418.4% | -$2.1M+67.4% | -$6.6M-873.5% | $849K-74.6% | $3.3M+205.8% | $1.1M-34.1% | $1.7M-22.4% | $2.1M |
| EPS (Diluted) | N/A | $-0.01+75.0% | $-0.04-500.0% | $0.01 | N/A | $0.010.0% | $0.010.0% | $0.01 |
SEMR Balance Sheet
| Metric | Q4'25 | Q3'25 | Q2'25 | Q1'25 | Q4'24 | Q3'24 | Q2'24 | Q1'24 |
|---|---|---|---|---|---|---|---|---|
| Total Assets | $454.1M+0.8% | $450.4M+6.0% | $424.9M+2.0% | $416.5M+6.5% | $390.9M+1.9% | $383.8M+2.9% | $372.9M+9.1% | $341.7M |
| Current Assets | $324.8M+0.3% | $323.9M+7.6% | $301.1M+1.2% | $297.4M+7.7% | $276.2M+1.4% | $272.4M-2.9% | $280.6M+1.4% | $276.8M |
| Cash & Equivalents | $264.3M+227.2% | $80.8M+48.7% | $54.3M-16.0% | $64.7M+32.3% | $48.9M+8.4% | $45.1M-35.2% | $69.6M+68.2% | $41.4M |
| Inventory | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Accounts Receivable | $26.5M+55.6% | $17.0M+19.5% | $14.2M+29.1% | $11.0M+23.2% | $9.0M-4.2% | $9.3M+3.1% | $9.1M+27.3% | $7.1M |
| Goodwill | $60.1M+0.5% | $59.8M-0.2% | $59.9M+3.9% | $57.7M+2.7% | $56.1M+3.4% | $54.3M+33.6% | $40.6M+64.1% | $24.8M |
| Total Liabilities | $163.1M+7.4% | $151.9M+11.0% | $136.8M-1.1% | $138.3M+11.0% | $124.6M-0.2% | $124.8M+0.8% | $123.8M+11.8% | $110.7M |
| Current Liabilities | $154.1M+9.0% | $141.3M+12.4% | $125.7M-0.8% | $126.7M+11.1% | $114.1M+0.9% | $113.1M+0.9% | $112.0M+11.4% | $100.5M |
| Long-Term Debt | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Total Equity | $288.6M-0.4% | $289.7M+3.8% | $279.0M+3.9% | $268.7M+4.7% | $256.6M+3.3% | $248.5M+5.5% | $235.6M+4.2% | $226.0M |
| Retained Earnings | -$82.7M-15.5% | -$71.6M-3.1% | -$69.5M-10.4% | -$62.9M+1.3% | -$63.8M+5.0% | -$67.1M+1.6% | -$68.2M+2.4% | -$69.9M |
SEMR Cash Flow Statement
| Metric | Q4'25 | Q3'25 | Q2'25 | Q1'25 | Q4'24 | Q3'24 | Q2'24 | Q1'24 |
|---|---|---|---|---|---|---|---|---|
| Operating Cash Flow | $14.9M-32.0% | $21.9M+3100.9% | $684K-96.9% | $22.1M+85.3% | $11.9M+46.6% | $8.1M-33.0% | $12.1M-17.8% | $14.8M |
| Capital Expenditures | $67K-83.1% | $397K-34.3% | $604K-16.7% | $725K+85.4% | $391K-22.6% | $505K-76.5% | $2.1M+182.9% | $759K |
| Free Cash Flow | $14.8M-31.0% | $21.5M+26771.2% | $80K-99.6% | $21.4M+85.3% | $11.5M+51.2% | $7.6M-23.6% | $10.0M-28.7% | $14.0M |
| Investing Cash Flow | $175.1M+3494.7% | $4.9M+142.9% | -$11.3M-99.5% | -$5.7M+20.4% | -$7.1M+84.1% | -$44.9M-274.0% | $25.8M+180.7% | -$32.0M |
| Financing Cash Flow | -$5.9M-1039.5% | -$521K+28.8% | -$732K-112.2% | -$345K-148.2% | -$139K+74.8% | -$551K-125.9% | $2.1M+389.9% | $434K |
| Dividends Paid | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Share Buybacks | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
SEMR Financial Ratios
| Metric | Q4'25 | Q3'25 | Q2'25 | Q1'25 | Q4'24 | Q3'24 | Q2'24 | Q1'24 |
|---|---|---|---|---|---|---|---|---|
| Gross Margin | 80.4%+0.2pp | 80.2%-0.4pp | 80.6%-0.5pp | 81.1%-0.6pp | 81.7%-0.8pp | 82.5%-1.1pp | 83.5%+0.6pp | 82.9% |
| Operating Margin | -11.8%-7.8pp | -4.0%-0.0pp | -4.0%-3.9pp | -0.1%-1.8pp | 1.7%-0.1pp | 1.8%-2.0pp | 3.7%+2.0pp | 1.7% |
| Net Margin | -9.4%-7.5pp | -1.9%+4.1pp | -6.0%-6.8pp | 0.8%-2.4pp | 3.3%+2.1pp | 1.1%-0.7pp | 1.8%-0.7pp | 2.5% |
| Return on Equity | -3.8%-3.1pp | -0.7%+1.6pp | -2.4%-2.7pp | 0.3%-1.0pp | 1.3%+0.9pp | 0.4%-0.3pp | 0.7%-0.2pp | 0.9% |
| Return on Assets | -2.4%-2.0pp | -0.5%+1.1pp | -1.6%-1.8pp | 0.2%-0.7pp | 0.9%+0.6pp | 0.3%-0.2pp | 0.4%-0.2pp | 0.6% |
| Current Ratio | 2.11-0.2 | 2.29-0.1 | 2.40+0.0 | 2.35-0.1 | 2.42+0.0 | 2.41-0.1 | 2.51-0.2 | 2.75 |
| Debt-to-Equity | 0.57+0.0 | 0.52+0.0 | 0.49-0.0 | 0.51+0.0 | 0.49-0.0 | 0.50-0.0 | 0.53+0.0 | 0.49 |
| FCF Margin | 12.6%-6.6pp | 19.2%+19.1pp | 0.1%-20.3pp | 20.4%+9.1pp | 11.2%+3.4pp | 7.8%-3.1pp | 11.0%-5.3pp | 16.3% |
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Frequently Asked Questions
What is Semrush Hldgs Inc's annual revenue?
Semrush Hldgs Inc (SEMR) reported $443.6M in total revenue for fiscal year 2025. This represents a 17.7% change compared to the previous fiscal year. Revenue measures the total income earned from the company's primary business operations before any expenses are deducted.
How fast is Semrush Hldgs Inc's revenue growing?
Semrush Hldgs Inc (SEMR) revenue grew by 17.7% year-over-year, from $376.8M to $443.6M in fiscal year 2025.
Is Semrush Hldgs Inc profitable?
No, Semrush Hldgs Inc (SEMR) reported a net income of -$19.0M in fiscal year 2025, with a net profit margin of -4.3%.
What is Semrush Hldgs Inc's EBITDA?
Semrush Hldgs Inc (SEMR) had EBITDA of -$8.9M in fiscal year 2025, measuring earnings before interest, taxes, depreciation, and amortization.
What is Semrush Hldgs Inc's gross margin?
Semrush Hldgs Inc (SEMR) had a gross margin of 80.5% in fiscal year 2025, indicating the percentage of revenue retained after direct costs of goods sold.
What is Semrush Hldgs Inc's operating margin?
Semrush Hldgs Inc (SEMR) had an operating margin of -5.1% in fiscal year 2025, reflecting the profitability of core business operations before interest and taxes.
What is Semrush Hldgs Inc's net profit margin?
Semrush Hldgs Inc (SEMR) had a net profit margin of -4.3% in fiscal year 2025, representing the share of revenue converted into profit after all expenses.
What is Semrush Hldgs Inc's return on equity (ROE)?
Semrush Hldgs Inc (SEMR) has a return on equity of -6.6% for fiscal year 2025, measuring how efficiently the company generates profit from shareholder equity.
What is Semrush Hldgs Inc's free cash flow?
Semrush Hldgs Inc (SEMR) generated $57.8M in free cash flow during fiscal year 2025. This represents a 33.8% change compared to the previous fiscal year. Free cash flow represents the cash a company generates after accounting for capital expenditures, and is widely used to assess financial flexibility and shareholder value.
What is Semrush Hldgs Inc's operating cash flow?
Semrush Hldgs Inc (SEMR) generated $59.6M in operating cash flow during fiscal year 2025, representing cash generated from core business activities.
What are Semrush Hldgs Inc's total assets?
Semrush Hldgs Inc (SEMR) had $454.1M in total assets as of fiscal year 2025, including both current and long-term assets.
What are Semrush Hldgs Inc's capital expenditures?
Semrush Hldgs Inc (SEMR) invested $1.8M in capital expenditures during fiscal year 2025, funding long-term assets and infrastructure.
How much does Semrush Hldgs Inc spend on research and development?
Semrush Hldgs Inc (SEMR) invested $97.2M in research and development during fiscal year 2025.
What is Semrush Hldgs Inc's current ratio?
Semrush Hldgs Inc (SEMR) had a current ratio of 2.11 as of fiscal year 2025, which is generally considered healthy.
What is Semrush Hldgs Inc's debt-to-equity ratio?
Semrush Hldgs Inc (SEMR) had a debt-to-equity ratio of 0.57 as of fiscal year 2025, measuring the company's financial leverage by comparing total debt to shareholder equity.
What is Semrush Hldgs Inc's return on assets (ROA)?
Semrush Hldgs Inc (SEMR) had a return on assets of -4.2% for fiscal year 2025, measuring how efficiently the company uses its assets to generate profit.
What is Semrush Hldgs Inc's Altman Z-Score?
Semrush Hldgs Inc (SEMR) has an Altman Z-Score of 7.68, placing it in the Safe Zone (low bankruptcy risk). The Z-Score combines five financial ratios (working capital, retained earnings, EBIT, market capitalization, and revenue relative to total assets) to predict the likelihood of bankruptcy. Scores above 2.99 indicate financial safety while scores below 1.81 suggest financial distress. Learn more in our complete guide to financial health indicators.
What is Semrush Hldgs Inc's Piotroski F-Score?
Semrush Hldgs Inc (SEMR) has a Piotroski F-Score of 3 out of 7 computable signals; 2 of the nine could not be computed from available data, so the full-scale strength rating is not shown. The F-Score evaluates nine binary signals across profitability (positive ROA, positive cash flow, improving ROA, earnings quality), leverage (decreasing debt, improving liquidity, no share dilution), and operating efficiency (improving gross margin, improving asset turnover). Scores of 7 to 9 indicate strong and improving fundamentals. Learn more in our complete guide to financial health indicators.
Are Semrush Hldgs Inc's earnings high quality?
Semrush Hldgs Inc (SEMR) has an earnings quality ratio of -3.14x, considered mixed quality. This ratio compares operating cash flow to net income. A ratio above 1.0x means the company generates more cash than its reported earnings, indicating sustainable, cash-backed profits. Ratios below 1.0x suggest earnings rely on accounting accruals rather than actual cash generation. Learn more in our complete guide to financial health indicators.
How financially healthy is Semrush Hldgs Inc?
Semrush Hldgs Inc (SEMR) scores 54 out of 100 on our Financial Health Score, indicating moderate standing within its operating companies peer group. The score is a 0-100 composite of six dimensions (Profitability, Growth, Leverage, Liquidity, Cash Flow, Returns), each ranked as a percentile relative to companies in the same scoring family (banks against banks, REITs against REITs, and so on) rather than across all industries. It rates the quality of the business, not whether the stock is fairly priced, and is not financial advice. Learn more in our complete guide to financial health indicators.