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SEMrush Holdings (SEMR) Operating Expenses (2020 - 2025)

SEMrush Holdings (SEMR) has disclosed Operating Expenses for 6 consecutive years, with $108.5 million as the latest value for Q4 2025.

  • For Q4 2025, Operating Expenses rose 32.12% year-over-year to $108.5 million; the TTM value through Dec 2025 reached $380.1 million, up 25.45%, while the annual FY2025 figure was $380.1 million, 25.45% up from the prior year.
  • Operating Expenses was $108.5 million for Q4 2025 at SEMrush Holdings, up from $94.3 million in the prior quarter.
  • The five-year high for Operating Expenses was $108.5 million in Q4 2025, with the low at $29.7 million in Q1 2021.
  • Historically, Operating Expenses has averaged $66.8 million across 5 years, with a median of $68.0 million in 2023.
  • The largest annual shift saw Operating Expenses skyrocketed 67.52% in 2022 before it fell 7.03% in 2023.
  • Over 5 years, Operating Expenses stood at $45.8 million in 2021, then surged by 57.28% to $72.1 million in 2022, then fell by 7.03% to $67.0 million in 2023, then increased by 22.47% to $82.1 million in 2024, then surged by 32.12% to $108.5 million in 2025.
  • Per Business Quant database, its latest 3 readings for Operating Expenses were $108.5 million in Q4 2025, $94.3 million in Q3 2025, and $92.1 million in Q2 2025.