SEMrush Holdings (SEMR) Gross Margin (2020 - 2025)
SEMrush Holdings (SEMR) posted Gross Margin of 80.36% for Q4 2025, little changed on a QoQ basis from 80.17% in Q3 2025, and down 131.0% year-over-year from 259.23% in Q4 2024.
SEMrush Holdings (SEMR) Gross Margin (2020 - 2025) Analysis & Trends
SEMrush Holdings' Gross Margin history runs 6 years deep, the most recent figure standing at 80.36% for Q4 2025.
- Quarterly Gross Margin fell 131.0% year-over-year to 80.36% in Q4 2025, while the trailing twelve-month figure through Dec 2025 was 80.55% (down 208.0% YoY) and the FY2025 annual result came in at 80.55%, down 208.0% from the prior year.
- Gross Margin was 80.36% for Q4 2025 at SEMrush Holdings, roughly flat from 80.17% in the prior quarter.
- Across five years, Gross Margin topped out at 83.59% in Q4 2023 and bottomed at 76.93% in Q3 2021.
- A 5-year average of 80.94% and a median of 81.11% in 2022 frame the typical range for Gross Margin.
- Annual changes were most pronounced in 2022 — Gross Margin jumped 421 bps — and 2025, when it sank 294 bps.
- SEMrush Holdings' Gross Margin stood at 78.49% in 2021, then rose by 5 bps to 82.61% in 2022, then climbed by 1 bps to 83.59% in 2023, then decreased by 2 bps to 81.67% in 2024, then decreased by 2 bps to 80.36% in 2025.
- Business Quant data shows SEMR's Gross Margin at 80.36% in Q4 2025, 80.17% in Q3 2025, and 80.61% in Q2 2025.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Gross Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Sap Se | 208.91 Bn | 189.27 Bn | 8.16 Bn | 72.98% |
| 2 | Full Truck Alliance | 188.77 Bn | 186.13 Bn | - | - |
| 3 | Shopify | 145.98 Bn | 140.23 Bn | 1.55 Bn | 48.77% |
| 4 | Uber Technologies | 141.48 Bn | 140.44 Bn | 5.95 Bn | 45.03% |
| 5 | Salesforce | 128.51 Bn | 116.67 Bn | 8.56 Bn | 76.92% |
| 6 | ServiceNow | 98.38 Bn | 93.20 Bn | 2.82 Bn | 70.68% |
| 7 | Automatic Data Processing | 97.56 Bn | 94.34 Bn | 2.87 Bn | 48.28% |
| 8 | Snowflake | 91.55 Bn | 88.59 Bn | 926.45 Mn | 66.61% |
| 9 | Cadence Design Systems | 89.91 Bn | 88.50 Bn | 1.41 Bn | 95.85% |
| 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% |