SEMrush Holdings (SEMR) Gross Margin (2020 - 2025)
SEMrush Holdings (SEMR) reported Gross Margin of 80.36% for Q4 2025, down 131.0% on a YoY basis from 259.23% in Q4 2024, and little changed quarter-over-quarter from 80.17% in Q3 2025.
SEMrush Holdings (SEMR) Gross Margin (2020 - 2025) Analysis & Trends
SEMrush Holdings has reported Gross Margin for 6 years, with the latest figure at 80.36% in Q4 2025.
- For the quarter ending Q4 2025, Gross Margin fell 131.0% year-over-year to 80.36%; the trailing twelve-month figure through Dec 2025 stood at 80.55% (down 208.0% YoY), and the FY2025 full-year result was 80.55%, down 208.0% from the prior year.
- Gross Margin for Q4 2025 stood at 80.36%, roughly flat from 80.17% in the prior quarter.
- The five-year high for Gross Margin was 83.59% in Q4 2023, with the low at 76.93% in Q3 2021.
- Historically, Gross Margin has averaged 80.94% across 5 years, with a median of 81.11% in 2022.
- Annual changes were most pronounced in 2022 — Gross Margin jumped 421 bps — and 2025, when it slumped 294 bps.
- SEMrush Holdings' Gross Margin stood at 78.49% in 2021, then grew by 5 bps to 82.61% in 2022, then gained by 1 bps to 83.59% in 2023, then fell by 2 bps to 81.67% in 2024, then fell by 2 bps to 80.36% in 2025.
- The last three Gross Margin figures came in at 80.36% (Q4 2025), 80.17% (Q3 2025), and 80.61% (Q2 2025), per Business Quant data.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Gross Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Sap Se | 238.14 Bn | 220.17 Bn | 8.16 Bn | 72.98% |
| 2 | Full Truck Alliance | 166.83 Bn | 164.28 Bn | - | - |
| 3 | Uber Technologies | 150.36 Bn | 149.32 Bn | 11.88 Bn | 89.96% |
| 4 | Shopify | 147.75 Bn | 142.01 Bn | 1.55 Bn | 48.77% |
| 5 | Salesforce | 140.39 Bn | 128.55 Bn | 8.56 Bn | 76.92% |
| 6 | Cadence Design Systems | 105.73 Bn | 104.32 Bn | 1.26 Bn | 85.65% |
| 7 | ServiceNow | 105.42 Bn | 100.24 Bn | 2.83 Bn | 75.07% |
| 8 | Automatic Data Processing | 89.57 Bn | 86.34 Bn | 2.87 Bn | 48.28% |
| 9 | Adobe | 85.05 Bn | 78.16 Bn | 5.90 Bn | 89.20% |
| 10 | SEMrush Holdings | 1.78 Bn | 1.52 Bn | 94.55 Mn | 80.36% |
Historic Data
Download Data| Date | Value |
|---|---|
| Dec 31, 2025 | 80.36% |
| Sep 30, 2025 | 80.17% |
| Jun 30, 2025 | 80.61% |
| Mar 31, 2025 | 81.08% |
| Dec 31, 2024 | 81.67% |
| Sep 30, 2024 | 82.48% |
| Jun 30, 2024 | 83.55% |
| Mar 31, 2024 | 82.93% |
| Dec 31, 2023 | 83.59% |
| Sep 30, 2023 | 83.44% |
| Jun 30, 2023 | 82.63% |
| Mar 31, 2023 | 82.17% |
| Dec 31, 2022 | 82.61% |
| Sep 30, 2022 | 81.15% |
| Jun 30, 2022 | 79.88% |
| Mar 31, 2022 | 79.72% |
| Dec 31, 2021 | 78.49% |
| Sep 30, 2021 | 76.93% |
| Jun 30, 2021 | 77.25% |
| Mar 31, 2021 | 78.07% |