Growth Metrics

SEMrush Holdings (SEMR) Cost of Revenue (2020 - 2025)

SEMrush Holdings' Cost of Revenue history spans 6 years, with the latest figure at $113.4 million for Q4 2025.

  • For Q4 2025, Cost of Revenue rose 185.41% year-over-year to $113.4 million; the TTM value through Dec 2025 reached $244.1 million, up 94.13%, while the annual FY2025 figure was $176.6 million, 22.35% up from the prior year.
  • Cost of Revenue reached $113.4 million in Q4 2025 per SEMR's latest filing, up from $44.3 million in the prior quarter.
  • In the past five years, Cost of Revenue ranged from a high of $113.4 million in Q4 2025 to a low of -$38.7 million in Q4 2022.
  • Average Cost of Revenue over 5 years is $28.4 million, with a median of $30.3 million recorded in 2022.
  • Peak YoY movement for Cost of Revenue: surged 621.14% in 2021, then tumbled 176.34% in 2022.
  • A 5-year view of Cost of Revenue shows it stood at $50.7 million in 2021, then plummeted by 176.34% to -$38.7 million in 2022, then surged by 135.32% to $13.7 million in 2023, then surged by 190.34% to $39.7 million in 2024, then skyrocketed by 185.41% to $113.4 million in 2025.
  • Per Business Quant, the three most recent readings for SEMR's Cost of Revenue are $113.4 million (Q4 2025), $44.3 million (Q3 2025), and $45.0 million (Q2 2025).