SEMrush Holdings (SEMR) Research & Development (2020 - 2025)
SEMrush Holdings (SEMR) reported Research & Development of $25.7 million for Q4 2025, up 20.86% on a YoY basis from $21.3 million in Q4 2024, and little changed quarter-over-quarter from $25.7 million in Q3 2025.
SEMrush Holdings (SEMR) Research & Development (2020 - 2025) Analysis & Trends
SEMrush Holdings has reported Research & Development for 6 years, with the latest figure at $25.7 million in Q4 2025.
- For the quarter ending Q4 2025, Research & Development rose 20.86% year-over-year to $25.7 million; the trailing twelve-month figure through Dec 2025 stood at $97.2 million (up 21.34% YoY), and the FY2025 full-year result was $97.2 million, up 21.34% from the prior year.
- Research & Development for Q4 2025 stood at $25.7 million, roughly flat from $25.7 million in the prior quarter.
- The five-year high for Research & Development was $25.7 million in Q4 2025, with the low at $5.4 million in Q1 2021.
- Historically, Research & Development has averaged $15.0 million across 5 years, with a median of $14.1 million in 2023.
- Annual changes were most pronounced in 2022 — Research & Development surged 94.3% — and 2025, when it rose 15.89%.
- SEMrush Holdings' Research & Development stood at $6.8 million in 2021, then surged by 94.3% to $13.3 million in 2022, then advanced by 15.91% to $15.4 million in 2023, then soared by 38.61% to $21.3 million in 2024, then gained by 20.86% to $25.7 million in 2025.
- The last three Research & Development figures came in at $25.7 million (Q4 2025), $25.7 million (Q3 2025), and $23.8 million (Q2 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | R&D (Qtr) |
|---|---|---|---|---|---|
| 1 | Sap Se | 238.14 Bn | 220.17 Bn | 8.16 Bn | -1.99 Bn |
| 2 | Full Truck Alliance | 166.83 Bn | 164.28 Bn | - | -37.02 Mn |
| 3 | Uber Technologies | 150.36 Bn | 149.32 Bn | 11.88 Bn | 951.00 Mn |
| 4 | Shopify | 147.75 Bn | 142.01 Bn | 1.55 Bn | 437.00 Mn |
| 5 | Salesforce | 140.39 Bn | 128.55 Bn | 8.56 Bn | 1.63 Bn |
| 6 | Cadence Design Systems | 105.73 Bn | 104.32 Bn | 1.26 Bn | 508.44 Mn |
| 7 | ServiceNow | 105.42 Bn | 100.24 Bn | 2.83 Bn | 823.00 Mn |
| 8 | Automatic Data Processing | 89.57 Bn | 86.34 Bn | 2.87 Bn | 253.90 Mn |
| 9 | Adobe | 85.05 Bn | 78.16 Bn | 5.90 Bn | 1.20 Bn |
| 10 | SEMrush Holdings | 1.78 Bn | 1.52 Bn | 94.55 Mn | 25.75 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Dec 31, 2025 | 25.75 Mn |
| Sep 30, 2025 | 25.71 Mn |
| Jun 30, 2025 | 23.80 Mn |
| Mar 31, 2025 | 21.91 Mn |
| Dec 31, 2024 | 21.31 Mn |
| Sep 30, 2024 | 22.18 Mn |
| Jun 30, 2024 | 19.29 Mn |
| Mar 31, 2024 | 17.30 Mn |
| Dec 31, 2023 | 15.37 Mn |
| Sep 30, 2023 | 14.08 Mn |
| Jun 30, 2023 | 14.12 Mn |
| Mar 31, 2023 | 13.88 Mn |
| Dec 31, 2022 | 13.26 Mn |
| Sep 30, 2022 | 10.13 Mn |
| Jun 30, 2022 | 9.67 Mn |
| Mar 31, 2022 | 8.14 Mn |
| Dec 31, 2021 | 6.83 Mn |
| Sep 30, 2021 | 6.17 Mn |
| Jun 30, 2021 | 5.96 Mn |
| Mar 31, 2021 | 5.36 Mn |