NYSE : SEMR
Semrush Holdings, Inc. — Financial statements
Technology · Software - Application · United States
Last price 12 USD (At close: Apr 27, 2026) · Market cap 1.80B
Overview · Financial statements · Key statistics · Dividends · Company profile · Price history · Reports
Financial statements
Semrush Holdings, Inc. (SEMR) reported revenue of 443.64M USD (TTM). Five years of income statement, balance sheet, cash flow and ratios below.
Income statement
Fiscal year January - December; amounts in USD.
| TTM | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | |
|---|---|---|---|---|---|---|
| Revenue | 443.64M | 443.64M | 376.81M | 307.68M | 254.32M | 188.00M |
| Cost of Revenue | 86.31M | 86.31M | 65.48M | 52.33M | 48.55M | 41.93M |
| Gross Profit | 357.34M | 357.34M | 311.34M | 255.35M | 205.76M | 146.07M |
| Selling, General & Admin | 282.98M | 282.98M | 222.95M | 204.28M | 189.67M | 124.24M |
| Research & Development | 97.17M | 97.17M | 80.08M | 57.44M | 41.20M | 24.32M |
| Operating Expenses | 380.15M | 380.15M | 303.03M | 261.72M | 230.87M | 148.56M |
| Operating Income | -22.81M | -22.81M | 8.31M | -6.38M | -25.11M | -2.49M |
| Interest & Investment Income | 10.45M | 10.45M | 10.03M | 9.45M | 3.05M | |
| Currency Exchange Gain (Loss) | 647.00K | 647.00K | 501.00K | -1.12M | -1.30M | -4.00K |
| Other Non Operating Income (Expenses) | 586.00K | 586.00K | 967.00K | 429.00K | 558.00K | -518.00K |
| EBT Excluding Unusual Items | -11.13M | -11.13M | 19.81M | 2.39M | -22.80M | -3.02M |
| Merger & Restructuring Charges | -1.29M | -11.26M | ||||
| Gain (Loss) on Sale of Investments | 1.03M | 1.03M | 593.00K | 3.55M | 1.15M | |
| Pretax Income | -10.10M | -10.10M | 20.40M | 4.65M | -32.92M | -3.02M |
| Income Tax Expense | 9.39M | 9.39M | 13.03M | 3.70M | 931.00K | 270.00K |
| Earnings From Continuing Operations | -19.50M | -19.50M | 7.38M | 950.00K | -33.85M | -3.29M |
| Minority Interest in Earnings | 540.00K | 540.00K | 861.00K | |||
| Net Income | -18.96M | -18.96M | 8.24M | 950.00K | -33.85M | -3.29M |
| Net Income to Common | -18.96M | -18.96M | 8.24M | 950.00K | -33.85M | -3.29M |
| Shares Outstanding (Basic) | 148.54M | 148.54M | 145.86M | 142.59M | 141.16M | 126.59M |
| Shares Outstanding (Diluted) | 148.54M | 148.54M | 148.86M | 146.07M | 141.16M | 126.59M |
| EPS (Basic) | -0.13 | -0.13 | 0.06 | 0.01 | -0.24 | -0.03 |
| EPS (Diluted) | -0.13 | -0.13 | 0.06 | 0.01 | -0.24 | -0.03 |
| Free Cash Flow | 57.79M | 57.79M | 43.19M | 5.50M | -13.86M | 21.38M |
| Free Cash Flow Per Share | 0.39 | 0.39 | 0.29 | 0.04 | -0.10 | 0.17 |
| Gross Margin | 80.55% | 80.55% | 82.62% | 82.99% | 80.91% | 77.70% |
| Operating Margin | -5.14% | -5.14% | 2.21% | -2.07% | -9.87% | -1.33% |
| Profit Margin | -4.27% | -4.27% | 2.19% | 0.31% | -13.31% | -1.75% |
| Free Cash Flow Margin | 13.03% | 13.03% | 11.46% | 1.79% | -5.45% | 11.37% |
| EBITDA | -13.17M | -13.17M | 16.18M | -306.00K | -19.03M | 560.00K |
| EBITDA Margin | -2.97% | -2.97% | 4.29% | -0.10% | -7.48% | 0.30% |
| D&A For EBITDA | 9.64M | 9.64M | 7.87M | 6.07M | 6.08M | 3.05M |
| EBIT | -22.81M | -22.81M | 8.31M | -6.38M | -25.11M | -2.49M |
| EBIT Margin | -5.14% | -5.14% | 2.21% | -2.07% | -9.87% | -1.33% |
| Effective Tax Rate | 63.85% | 79.55% | ||||
| Advertising Expenses | 46.42M | 46.42M | 43.20M | 46.74M | 66.32M | 42.68M |
Balance sheet
Fiscal year January - December; amounts in USD.
| TTM | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | |
|---|---|---|---|---|---|---|
| Cash & Equivalents | 264.28M | 264.28M | 48.88M | 58.85M | 79.77M | 269.67M |
| Short-Term Investments | 5.00M | 5.00M | 186.69M | 179.72M | 157.77M | |
| Cash & Short-Term Investments | 269.28M | 269.28M | 235.57M | 238.57M | 237.54M | 269.67M |
| Receivables | 26.49M | 26.49M | 8.96M | 7.90M | 3.56M | 2.19M |
| Prepaid Expenses | 15.80M | 15.80M | 21.62M | 10.01M | 9.31M | 5.34M |
| Other Current Assets | 13.28M | 13.28M | 10.04M | 9.07M | 6.97M | 6.34M |
| Total Current Assets | 324.85M | 324.85M | 276.18M | 265.55M | 257.38M | 283.54M |
| Property, Plant & Equipment | 16.60M | 16.60M | 17.66M | 20.75M | 20.09M | 8.27M |
| Goodwill | 60.12M | 60.12M | 56.14M | 24.88M | 6.53M | 1.99M |
| Other Intangible Assets | 40.73M | 40.73M | 32.05M | 16.08M | 10.29M | 2.92M |
| Long-Term Deferred Charges | 5.60M | 5.60M | 3.08M | 3.59M | 2.08M | 2.25M |
| Other Long-Term Assets | 6.24M | 6.24M | 5.83M | 633.00K | 2.33M | 1.10M |
| Total Assets | 454.14M | 454.14M | 390.94M | 331.49M | 298.69M | 300.07M |
| Accounts Payable | 23.80M | 23.80M | 10.46M | 9.19M | 15.49M | 9.94M |
| Accrued Expenses | 26.98M | 26.98M | 18.10M | 18.08M | 16.76M | 17.10M |
| Current Portion of Leases | 5.41M | 5.41M | 4.67M | 4.27M | 3.69M | |
| Current Income Taxes Payable | 385.00K | 385.00K | 2.12M | 1.81M | 1.09M | 2.38M |
| Current Unearned Revenue | 93.19M | 93.19M | 71.83M | 58.31M | 49.35M | 40.23M |
| Other Current Liabilities | 4.29M | 4.29M | 6.91M | 2.82M | 2.31M | 1.90M |
| Total Current Liabilities | 154.05M | 154.05M | 114.09M | 94.48M | 88.70M | 71.55M |
| Long-Term Leases | 7.13M | 7.13M | 7.60M | 10.33M | 8.93M | |
| Long-Term Unearned Revenue | 469.00K | 469.00K | 235.00K | 331.00K | 122.00K | 237.00K |
| Long-Term Deferred Tax Liabilities | 1.48M | 1.48M | 1.62M | 839.00K | 11.00K | 268.00K |
| Other Long-Term Liabilities | 13.00K | 13.00K | 1.04M | 1.20M | 1.02M | 2.48M |
| Total Liabilities | 163.14M | 163.14M | 124.59M | 107.17M | 98.79M | 74.53M |
| Common Stock | 1.00K | 1.00K | 1.00K | 1.00K | 1.00K | 1.00K |
| Additional Paid-In Capital | 368.78M | 368.78M | 322.59M | 291.90M | 274.06M | 264.87M |
| Retained Earnings | -82.72M | -82.72M | -63.76M | -72.00M | -72.95M | -39.10M |
| Comprehensive Income & Other | 2.49M | 2.49M | -2.22M | -752.00K | -1.21M | -230.00K |
| Total Common Equity | 288.55M | 288.55M | 256.60M | 219.15M | 199.90M | 225.54M |
| Minority Interest | 2.44M | 2.44M | 9.75M | 5.17M | ||
| Shareholders' Equity | 291.00M | 291.00M | 266.35M | 224.31M | 199.90M | 225.54M |
| Total Liabilities & Equity | 454.14M | 454.14M | 390.94M | 331.49M | 298.69M | 300.07M |
| Total Debt | 12.54M | 12.54M | 12.27M | 14.61M | 12.62M | |
| Net Cash (Debt) | 256.74M | 256.74M | 223.30M | 223.96M | 224.92M | 269.67M |
| Net Cash Per Share | 1.73 | 1.73 | 1.50 | 1.53 | 1.59 | 2.13 |
| Filing Date Shares Outstanding | 150.26M | 150.26M | 147.05M | 144.57M | 141.66M | 140.88M |
| Total Common Shares Outstanding | 150.76M | 150.76M | 146.84M | 144.11M | 141.53M | 140.71M |
| Working Capital | 170.80M | 170.80M | 162.10M | 171.07M | 168.68M | 211.99M |
| Book Value Per Share | 1.91 | 1.91 | 1.75 | 1.52 | 1.41 | 1.60 |
| Tangible Book Value | 187.69M | 187.69M | 168.41M | 178.19M | 183.09M | 220.63M |
| Tangible Book Value Per Share | 1.24 | 1.24 | 1.15 | 1.24 | 1.29 | 1.57 |
| Machinery | 17.29M | 17.29M | 15.74M | 13.05M | 9.60M | 5.25M |
| Leasehold Improvements | 2.79M | 2.79M | 2.74M | 2.47M | 786.00K | 1.74M |
Cash flow statement
Fiscal year January - December; amounts in USD.
| TTM | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | |
|---|---|---|---|---|---|---|
| Net Income | -18.96M | -18.96M | 8.24M | 950.00K | -33.85M | -3.29M |
| Depreciation & Amortization | 9.64M | 9.64M | 7.87M | 6.07M | 6.08M | 3.05M |
| Other Amortization | 18.87M | 18.87M | 14.65M | 11.10M | 9.56M | 6.97M |
| Loss (Gain) From Sale of Assets | 1.74M | |||||
| Asset Writedown & Restructuring Costs | 188.00K | 188.00K | 511.00K | 122.00K | 642.00K | |
| Loss (Gain) From Sale of Investments | -3.05M | -3.05M | -4.38M | -9.62M | -1.15M | |
| Stock-Based Compensation | 52.62M | 52.62M | 28.00M | 15.34M | 7.39M | 2.74M |
| Other Operating Activities | 5.60M | 5.60M | 3.59M | 5.31M | 4.51M | 270.00K |
| Change in Accounts Receivable | -18.16M | -18.16M | 708.00K | -3.79M | -3.32M | -791.00K |
| Change in Accounts Payable | 13.16M | 13.16M | 450.00K | -7.39M | 6.79M | 1.53M |
| Change in Unearned Revenue | 21.89M | 21.89M | 8.48M | 8.76M | 9.13M | 13.81M |
| Change in Other Net Operating Assets | -22.24M | -22.24M | -21.11M | -18.85M | -17.15M | -533.00K |
| Operating Cash Flow | 59.58M | 59.58M | 47.00M | 7.99M | -9.62M | 23.76M |
| Capital Expenditures | -1.79M | -1.79M | -3.80M | -2.49M | -4.23M | -2.38M |
| Cash Acquisitions | -11.95M | -11.95M | -31.29M | -5.07M | -13.99M | -350.00K |
| Sale (Purchase) of Intangibles | -14.87M | -14.87M | -7.86M | -5.17M | -1.71M | -1.40M |
| Investment in Securities | 183.79M | 183.79M | -7.52M | -16.35M | -159.90M | -500.00K |
| Investing Cash Flow | 162.94M | 162.94M | -58.22M | -29.07M | -179.83M | -4.63M |
| Long-Term Debt Repaid | -1.28M | -1.28M | -2.25M | -2.52M | -2.08M | -1.37M |
| Net Debt Issued (Repaid) | -1.28M | -1.28M | -2.25M | -2.52M | -2.08M | -1.37M |
| Issuance of Common Stock | 3.88M | 3.88M | 4.12M | 2.50M | 1.74M | 216.70M |
| Repurchase of Common Stock | -10.13M | -10.13M | ||||
| Financing Cash Flow | -7.54M | -7.54M | 1.87M | -19.00K | -345.00K | 215.32M |
| Foreign Exchange Rate Adjustments | 415.00K | 415.00K | -432.00K | 184.00K | -275.00K | -230.00K |
| Net Cash Flow | 215.41M | 215.41M | -9.79M | -20.92M | -190.08M | 234.22M |
| Free Cash Flow | 57.79M | 57.79M | 43.19M | 5.50M | -13.86M | 21.38M |
| Free Cash Flow Margin | 13.03% | 13.03% | 11.46% | 1.79% | -5.45% | 11.37% |
| Free Cash Flow Per Share | 0.39 | 0.39 | 0.29 | 0.04 | -0.10 | 0.17 |
| Levered Free Cash Flow | 74.49M | 74.49M | 49.63M | 18.92M | 8.89M | 30.29M |
| Unlevered Free Cash Flow | 74.49M | 74.49M | 49.63M | 18.92M | 8.89M | 30.29M |
| Cash Interest Paid | 140.00K | 140.00K | 197.00K | 229.00K | 321.00K | |
| Cash Income Tax Paid | 14.74M | 14.74M | 12.85M | 3.10M | 603.00K | 248.00K |
| Change in Working Capital | -5.34M | -5.34M | -11.48M | -21.28M | -4.54M | 14.01M |
Ratios
Fiscal year January - December; amounts in USD.
| TTM | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | |
|---|---|---|---|---|---|---|
| Market Capitalization | 1.80B | 1.80B | 1.74B | 1.96B | 1.15B | 2.93B |
| Enterprise Value | 1.55B | 1.55B | 1.53B | 1.74B | 905.27M | 2.75B |
| Last Close Price | 11.89 | 11.88 | 13.66 | 8.14 | 20.85 | |
| PE Ratio | 211.61 | 2,059.51 | ||||
| Forward PE | 28.92 | 29.23 | 37.85 | 94.53 | ||
| PS Ratio | 4.06 | 4.06 | 4.62 | 6.36 | 4.53 | 15.59 |
| PB Ratio | 6.27 | 6.19 | 6.54 | 8.72 | 5.76 | 12.99 |
| P/TBV Ratio | 9.61 | 9.60 | 10.35 | 10.98 | 6.29 | 13.28 |
| P/FCF Ratio | 31.20 | 31.16 | 40.35 | 355.73 | 137.08 | |
| P/OCF Ratio | 30.26 | 30.22 | 37.08 | 245.00 | 123.35 | |
| EV/Sales Ratio | 3.49 | 3.49 | 4.05 | 5.65 | 3.56 | 14.61 |
| EV/EBITDA Ratio | 94.25 | 4,905.75 | ||||
| EV/EBIT Ratio | 183.56 | |||||
| EV/FCF Ratio | 26.80 | 26.79 | 35.31 | 316.26 | 128.49 | |
| Debt / Equity Ratio | 0.04 | 0.04 | 0.05 | 0.07 | 0.06 | |
| Debt / EBITDA Ratio | 0.45 | 2.99 | ||||
| Debt / FCF Ratio | 0.22 | 0.22 | 0.28 | 2.65 | ||
| Net Debt / Equity Ratio | -0.88 | -0.88 | -0.84 | -1.00 | -1.12 | -1.20 |
| Net Debt / EBITDA Ratio | 19.50 | 19.50 | -13.80 | 731.91 | 11.82 | -481.55 |
| Net Debt / FCF Ratio | -4.44 | -4.44 | -5.17 | -40.72 | 16.23 | -12.61 |
| Asset Turnover | 1.05 | 1.05 | 1.04 | 0.98 | 0.85 | 1.06 |
| Quick Ratio | 1.92 | 1.92 | 2.14 | 2.61 | 2.72 | 3.80 |
| Current Ratio | 2.11 | 2.11 | 2.42 | 2.81 | 2.90 | 3.96 |
| Return on Equity (ROE) | -7.00% | -7.00% | 3.01% | 0.45% | -15.91% | -2.77% |
| Return on Assets (ROA) | -3.37% | -3.37% | 1.44% | -1.26% | -5.24% | -0.88% |
| Return on Invested Capital (ROIC) | -64.21% | -59.01% | 13.84% | |||
| Return on Capital Employed (ROCE) | -7.60% | -7.60% | 3.00% | -2.70% | -12.00% | -1.10% |
| Earnings Yield | -1.05% | -1.05% | 0.47% | 0.05% | -2.94% | -0.11% |
| FCF Yield | 3.21% | 3.21% | 2.48% | 0.28% | -1.20% | 0.73% |
| Buyback Yield / Dilution | 0.22% | 0.22% | -1.92% | -3.48% | -11.51% | -33.52% |