Semrush Holdings Income Statement

Financials in millions USD. Fiscal year is January - December.

Millions USD. Fiscal year is Jan - Dec.

Fiscal Year	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Revenue	443.64	376.82	307.68	254.32	188
Revenue Growth (YoY)	17.73%	22.47%	20.98%	35.27%	50.55%
Cost of Revenue	86.31	65.48	52.33	48.55	41.93
Gross Profit	357.34	311.34	255.35	205.76	146.07
Selling, General & Admin	282.98	222.95	204.28	189.67	124.24
Research & Development	97.17	80.08	57.44	41.2	24.32
Other Operating Expenses	-	-	1.29	11.26	-
Total Operating Expenses	380.15	303.03	263.02	242.14	148.56
Operating Income	-22.81	8.31	-7.67	-36.37	-2.49
Total Non-Operating Income (Expense)	12.71	12.09	12.31	3.46	-0.52
Pretax Income	-10.1	20.4	4.65	-32.92	-3.02
Provision for Income Taxes	9.4	13.03	3.7	0.93	0.27
Net Income	-18.96	8.24	0.95	-33.85	-3.29
Minority Interest in Earnings	0.54	0.86	-	-	-
Net Income to Common	-18.96	8.24	0.95	-33.85	-3.29
Net Income Growth	-	766.95%	-	-	-
Shares Outstanding (Basic)	149	146	143	141	127
Shares Outstanding (Diluted)	149	149	146	141	127
Shares Change (YoY)	-0.22%	1.92%	3.48%	11.51%	33.52%
EPS (Basic)	-0.13	0.06	0.01	-0.24	-0.03
EPS (Diluted)	-0.13	0.06	0.01	-0.24	-0.03
EPS Growth	-	500.00%	-	-	-
Free Cash Flow	57.79	43.19	5.5	-13.86	21.38
Free Cash Flow Growth	33.79%	685.34%	-	-	513.51%
Free Cash Flow Per Share	0.39	0.29	0.04	-0.10	0.17
Gross Margin	80.55%	82.62%	82.99%	80.91%	77.69%
Operating Margin	-5.14%	2.20%	-2.49%	-14.30%	-1.33%
Profit Margin	-4.39%	1.96%	0.31%	-13.31%	-1.75%
FCF Margin	13.03%	11.46%	1.79%	-5.45%	11.37%
EBITDA	5.7	30.83	9.5	-20.74	7.53
EBITDA Margin	1.29%	8.18%	3.09%	-8.15%	4.01%
EBIT	-22.81	8.31	-7.67	-36.37	-2.49
EBIT Margin	-5.14%	2.20%	-2.49%	-14.30%	-1.33%
Effective Tax Rate	-93.00%	63.85%	79.55%	-2.83%	-8.96%

Updated Dec 31, 2025. Data Source: Fiscal.ai. Standard template. Financial Sources.

SEC Filings: 10-K · 10-Q