SEMrush Holdings (SEMR) Operating Margin (2020 - 2025)
SEMrush Holdings posted quarterly Operating Margin of 11.82% for Q4 2025, down 1351.0% year-on-year from 0.94% in Q4 2024, and down 194.95% on a QoQ basis from 4.01% in Q3 2025.
SEMrush Holdings (SEMR) has 6 years of Operating Margin data on file, last reported at 11.82% in Q4 2025.
- For the quarter ending Q4 2025, Operating Margin fell 1351.0% year-over-year to 11.82%; the trailing twelve-month figure through Dec 2025 stood at 5.14% (down 735.0% YoY), and the FY2025 full-year result was 5.14%, down 735.0% from the prior year.
- Operating Margin for Q4 2025 stood at 11.82%, down from 4.01% in the prior quarter.
- Across five years, Operating Margin topped out at 3.77% in Q1 2021 and bottomed at 22.2% in Q4 2022.
- The 5-year median for Operating Margin is 1.89% (2023), against an average of 4.09%.
- The widest annual swing landed in 2022, when Operating Margin tumbled 1541 bps; it then soared 2542 bps in 2023.
- A 5-year view of Operating Margin shows it stood at 6.8% in 2021, then plunged by 227 bps to 22.2% in 2022, then jumped by 114 bps to 3.22% in 2023, then slumped by 47 bps to 1.7% in 2024, then plunged by 797 bps to 11.82% in 2025.
- The last three Operating Margin figures came in at 11.82% (Q4 2025), 4.01% (Q3 2025), and 3.99% (Q2 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Operating Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Sap Se | 253.17 Bn | 235.20 Bn | 8.16 Bn | 28.69% |
| 2 | Salesforce | 171.07 Bn | 161.50 Bn | 8.69 Bn | 16.69% |
| 3 | Uber Technologies | 147.39 Bn | 146.35 Bn | 11.88 Bn | 14.56% |
| 4 | Shopify | 134.25 Bn | 128.50 Bn | 1.55 Bn | 12.05% |
| 5 | ServiceNow | 105.72 Bn | 100.54 Bn | 2.83 Bn | 13.34% |
| 6 | Cadence Design Systems | 101.64 Bn | 100.23 Bn | 1.26 Bn | 29.26% |
| 7 | Adobe | 100.35 Bn | 93.46 Bn | 5.73 Bn | 37.79% |
| 8 | Automatic Data Processing | 90.91 Bn | 87.68 Bn | 2.87 Bn | -22.99% |
| 9 | Intuit | 88.30 Bn | 81.52 Bn | 6.77 Bn | 46.97% |
| 10 | SEMrush Holdings | 1.78 Bn | 1.52 Bn | 94.55 Mn | -11.82% |
Historic Data
Download Data| Date | Value |
|---|---|
| Dec 31, 2025 | -11.82% |
| Sep 30, 2025 | -4.01% |
| Jun 30, 2025 | -3.99% |
| Mar 31, 2025 | -0.07% |
| Dec 31, 2024 | 1.70% |
| Sep 30, 2024 | 1.75% |
| Jun 30, 2024 | 3.73% |
| Mar 31, 2024 | 1.71% |
| Dec 31, 2023 | 3.22% |
| Sep 30, 2023 | 3.49% |
| Jun 30, 2023 | -3.12% |
| Mar 31, 2023 | -15.19% |
| Dec 31, 2022 | -22.20% |
| Sep 30, 2022 | -15.59% |
| Jun 30, 2022 | -13.19% |
| Mar 31, 2022 | -4.53% |
| Dec 31, 2021 | -6.80% |
| Sep 30, 2021 | -0.67% |
| Jun 30, 2021 | -0.03% |
| Mar 31, 2021 | 3.77% |
| Dec 31, 2020 | -4.52% |
| Sep 30, 2020 | -2.35% |
| Jun 30, 2020 | -6.60% |
| Mar 31, 2020 | -6.73% |