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

SEMrush Holdings' Operating Expenses history spans 6 years, with the latest figure at $108.5 million 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 reached $108.5 million in Q4 2025 per SEMR's latest filing, up 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.
  • Average Operating Expenses over 5 years is $66.8 million, with a median of $68.0 million recorded in 2023.
  • Peak YoY movement for Operating Expenses: skyrocketed 67.52% in 2022, then fell 7.03% in 2023.
  • A 5-year view of Operating Expenses shows it stood at $45.8 million in 2021, then soared by 57.28% to $72.1 million in 2022, then dropped by 7.03% to $67.0 million in 2023, then rose by 22.47% to $82.1 million in 2024, then soared by 32.12% to $108.5 million in 2025.
  • Per Business Quant, the three most recent readings for SEMR's Operating Expenses are $108.5 million (Q4 2025), $94.3 million (Q3 2025), and $92.1 million (Q2 2025).