SEMrush Holdings, Inc. (SEMR) Operating Expenses (2020 - 2025)
SEMrush Holdings' (SEMR) quarterly Operating Expenses came in at $108.5 million in Q4 2025, up 32.12% YoY from $82.1 million in Q4 2024, and up 14.96% on a QoQ basis from $94.3 million in Q3 2025.
SEMrush Holdings, Inc. (SEMR) Operating Expenses (2020 - 2025) Analysis & Trends
SEMrush Holdings (SEMR) has 6 years of Operating Expenses data on file, last reported at $108.5 million in Q4 2025.
- Quarterly Operating Expenses rose 32.12% year-over-year to $108.5 million in Q4 2025, while the trailing twelve-month figure through Dec 2025 was $380.1 million (up 25.45% YoY) and the FY2025 annual result came in at $380.1 million, up 25.45% from the prior year.
- Operating Expenses rose to $108.5 million in Q4 2025, from $94.3 million in the prior quarter.
- In the past five years, Operating Expenses ranged from a high of $108.5 million in Q4 2025 to a low of $29.7 million in Q1 2021.
- A 5-year average of $66.8 million and a median of $68.0 million in 2023 frame the typical range for Operating Expenses.
- Annual changes were most pronounced in 2022 — Operating Expenses soared 67.52% — and 2023, when it declined 7.03%.
- Tracing SEMR's Operating Expenses over 5 years: stood at $45.8 million in 2021, then jumped by 57.28% to $72.1 million in 2022, then declined by 7.03% to $67.0 million in 2023, then gained by 22.47% to $82.1 million in 2024, then jumped by 32.12% to $108.5 million in 2025.
- The last three Operating Expenses figures came in at $108.5 million (Q4 2025), $94.3 million (Q3 2025), and $92.1 million (Q2 2025), per Business Quant data.
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Historic Data
Download Data| Date | Value |
|---|---|
| Dec 31, 2025 | 108.46 Mn |
| Sep 30, 2025 | 94.35 Mn |
| Jun 30, 2025 | 92.13 Mn |
| Mar 31, 2025 | 85.22 Mn |
| Dec 31, 2024 | 82.09 Mn |
| Sep 30, 2024 | 78.64 Mn |
| Jun 30, 2024 | 72.60 Mn |
| Mar 31, 2024 | 69.70 Mn |
| Dec 31, 2023 | 67.03 Mn |
| Sep 30, 2023 | 62.94 Mn |
| Jun 30, 2023 | 64.05 Mn |
| Mar 31, 2023 | 69.00 Mn |
| Dec 31, 2022 | 72.10 Mn |
| Sep 30, 2022 | 63.64 Mn |
| Jun 30, 2022 | 58.27 Mn |
| Mar 31, 2022 | 48.13 Mn |
| Dec 31, 2021 | 45.84 Mn |
| Sep 30, 2021 | 38.22 Mn |
| Jun 30, 2021 | 34.78 Mn |
| Mar 31, 2021 | 29.72 Mn |