Semrush Holdings, Inc. (SEMR) Financial Statements

Income statement

Metric	TTM	2025	2024	2023	2022
Revenue
Total Revenue	443.6M	443.6M	376.8M	307.7M	254.3M
Cost of Revenue	86.3M	86.3M	65.5M	52.3M	48.6M
Gross Profit	357.3M	357.3M	311.3M	255.3M	205.8M
Operating Expenses
R&D Expense	97.2M	97.2M	80.1M	57.4M	41.2M
SG&A Expense	283.0M	283.0M	222.9M	204.3M	189.7M
General & Admin Expense	106.4M	106.4M	78.6M	77.4M	62.8M
Selling & Marketing Expense	176.6M	176.6M	144.3M	126.9M	126.9M
Other Expenses	—	—	—	1.3M	11.3M
Total Operating Expenses	380.1M	380.1M	303.0M	263.0M	242.1M
Cost and Expenses	466.5M	466.5M	368.5M	315.3M	290.7M
Operating Income (EBIT)	(22.8M)	(22.8M)	8.3M	(7.7M)	(36.4M)
Non-Operating
Interest Income	5.0M	—	10.0M	9.4M	3.0M
Interest Expense	—	—	—	—	—
Net Interest Income	5.0M	—	10.0M	9.4M	3.0M
Other Non-Op Income/Expense	12.7M	12.7M	12.1M	12.3M	3.5M
Non-Operating Income (excl Interest)	(6.3M)	(12.7M)	—	(1.3M)	(11.3M)
EBT (Pre-Tax Income)	(10.1M)	(10.1M)	20.4M	4.6M	(32.9M)
Income Tax Expense	9.4M	9.4M	13.0M	3.7M	931.0K
Bottom Line
Net Income	(19.0M)	(19.0M)	8.2M	950.0K	(33.8M)
Earnings from Cont. Ops	(19.5M)	(19.5M)	7.4M	950.0K	(33.8M)
Earnings from Discont. Ops	—	—	—	—	—
Bottom Line Net Income	(19.0M)	(19.0M)	8.2M	950.0K	(33.8M)
Per Share
Basic EPS	($0.13)	($0.13)	$0.06	$0.01	($0.24)
Diluted EPS	($0.13)	($0.13)	$0.06	$0.01	($0.24)
Revenue Per Share	$2.96	$2.99	$2.58	$2.16	$1.80
Shares
Basic Shares Outstanding	149.8M	148.5M	145.9M	142.6M	141.2M
Diluted Shares Outstanding	149.8M	148.5M	148.9M	146.1M	141.2M
Profitability Metrics
EBITDA	(314.0K)	1.7M	18.4M	415.0K	(18.5M)
D&A	16.2M	11.8M	10.1M	6.8M	6.7M
EBIT	(16.6M)	(10.1M)	8.3M	(6.4M)	(25.1M)

As reported, in the filing currency · TTM sums the four latest quarters; MRQ is the latest quarter · Negatives in parentheses; a dash is a line the filing does not carry · Data as of Dec 1, 2025