SEMrush Holdings reported a gross margin of 80.36% and a net margin of -9.33% for the quarter ended Dec 2025. These financial ratios cover 24 quarters of results from Mar 2020 through Dec 2025, standardized by Business Quant from the company’s SEC filings.
| Ratios | Mar2020 | Jun2020 | Sep2020 | Dec2020 | Mar2021 | Jun2021 | Sep2021 | Dec2021 | Mar2022 | Jun2022 | Sep2022 | Dec2022 | Mar2023 | Jun2023 | Sep2023 | Dec2023 | Mar2024 | Jun2024 | Sep2024 | Dec2024 | Mar2025 | Jun2025 | Sep2025 | Dec2025 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Profitability | ||||||||||||||||||||||||
| Gross Margin | 78.07% | 77.25% | 76.93% | 78.49% | 79.72% | 79.88% | 81.15% | 82.61% | 82.17% | 82.63% | 83.44% | 83.59% | 82.93% | 83.55% | 82.48% | 81.67% | 81.08% | 80.61% | 80.17% | 80.36% | ||||
| EBT Margin | 3.89% | -0.31% | -1.04% | -7.29% | -4.26% | -12.05% | -13.33% | -20.60% | -12.79% | 0.79% | 6.16% | 9.91% | 5.95% | 6.61% | 4.74% | 4.55% | 3.90% | -1.89% | -2.08% | -8.34% | ||||
| EBIT Margin | 3.77% | -0.03% | -0.67% | -6.80% | -4.53% | -13.19% | -15.59% | -22.20% | -15.19% | -3.12% | 3.49% | 3.22% | 1.71% | 3.73% | 1.75% | 1.70% | -0.07% | -3.99% | -4.01% | -11.82% | ||||
| EBITDA Margin | 3.77% | -0.03% | -0.67% | -6.80% | -4.53% | -13.19% | -15.59% | -22.20% | -15.19% | -3.12% | 3.49% | 3.22% | 1.71% | 3.73% | 1.75% | 1.70% | -0.07% | -3.99% | -4.01% | -11.82% | ||||
| Operating Margin | 3.77% | -0.03% | -0.67% | -6.80% | -4.53% | -13.19% | -15.59% | -22.20% | -15.19% | -3.12% | 3.49% | 3.22% | 1.71% | 3.73% | 1.75% | 1.70% | -0.07% | -3.99% | -4.01% | -11.82% | ||||
| Net Margin | 3.68% | -0.62% | -1.25% | -7.19% | -4.50% | -13.23% | -13.82% | -20.21% | -13.91% | -0.37% | 5.35% | 8.24% | 2.33% | 1.50% | 0.74% | 3.21% | 0.62% | -6.22% | -2.14% | -9.33% | ||||
| FCF Margin | 22.10% | 1.04% | 16.01% | 7.79% | 13.40% | -15.76% | -2.74% | -14.32% | -6.58% | -10.56% | 6.44% | 12.35% | 14.87% | 10.76% | 6.85% | 9.66% | 18.31% | -2.73% | 15.56% | 9.36% | ||||
| Efficiency | ||||||||||||||||||||||||
| Assets AverageAssets Avg. | 124.41M | 202.81M | 215.28M | 259.43M | 303.76M | 304.85M | 298.02M | 296.24M | 297.10M | 294.69M | 297.93M | 316.73M | 336.61M | 357.34M | 378.37M | 387.37M | 403.72M | 420.73M | 437.68M | 452.27M | ||||
| Asset Utilization RatioAsset Util. | 1.10 | 0.76 | 0.79 | 0.72 | 0.68 | 0.73 | 0.80 | 0.86 | 0.90 | 0.95 | 0.98 | 0.97 | 0.96 | 0.95 | 0.95 | 0.97 | 0.98 | 0.98 | 0.98 | 0.98 | ||||
| Valuation | ||||||||||||||||||||||||
| Price to EarningsP/E | 0.00M | -0.01M | -0.00M | -587.76 | -653.84 | -220.14 | -174.16 | -82.66 | -120.46 | -0.00M | 288.05 | 239.71 | 802.65 | 0.00M | 0.00M | 453.97 | 0.00M | -170.23 | -378.35 | -140.49 | ||||
| Price to SalesP/S | 40.12 | 63.78 | 53.42 | 42.23 | 29.43 | 29.13 | 24.07 | 16.70 | 16.76 | 15.25 | 15.42 | 19.76 | 18.74 | 18.12 | 19.92 | 14.56 | 11.25 | 10.59 | 8.09 | 13.11 | ||||
| Price to BookP/B | 11.47 | 19.21 | 17.54 | 10.06 | 7.49 | 8.37 | 7.49 | 5.75 | 6.14 | 5.81 | 5.93 | 7.35 | 6.96 | 6.85 | 7.49 | 5.61 | 4.25 | 4.00 | 3.04 | 5.30 | ||||
| Enterprise Value | 1,432.99M | 2,689.75M | 2,442.59M | 2,000.28M | 1,421.21M | 1,574.76M | 1,334.93M | 1,069.28M | 1,130.52M | 1,115.05M | 1,172.93M | 1,594.11M | 1,566.32M | 1,586.90M | 1,905.59M | 1,269.09M | 1,126.27M | 1,108.42M | 834.24M | 1,275.78M | ||||
| EV to EBIT | 951.52 | -0.18M | -0.01M | -547.42 | -548.73 | -190.74 | -130.19 | -70.01 | -104.99 | -478.77 | 426.83 | 594.37 | 0.00M | 467.56 | 0.00M | 728.94 | -0.02M | -255.10 | -185.80 | -91.76 | ||||
| EV to EBITDA | 951.52 | -0.18M | -0.01M | -547.42 | -548.73 | -190.74 | -130.19 | -70.01 | -104.99 | -478.77 | 426.83 | 594.37 | 0.00M | 467.56 | 0.00M | 728.94 | -0.02M | -255.10 | -185.80 | -91.76 | ||||
| Market Capitalization | 1,604.86M | 2,870.51M | 2,631.28M | 2,269.94M | 1,681.03M | 1,823.67M | 1,583.48M | 1,149.04M | 1,187.73M | 1,139.12M | 1,214.12M | 1,647.79M | 1,607.71M | 1,647.79M | 1,940.19M | 1,494.91M | 1,181.47M | 1,153.62M | 906.16M | 1,542.61M | ||||
| Price to FCFP/FCF | 181.52 | 0.01M | 333.79 | 541.88 | 219.57 | -184.86 | -879.22 | -116.68 | -254.61 | -144.41 | 239.33 | 159.96 | 125.96 | 168.33 | 290.97 | 150.80 | 61.44 | -388.56 | 51.96 | 140.01 | ||||
| EV to FCF | 162.09 | 0.01M | 309.86 | 477.51 | 185.63 | -159.63 | -741.21 | -108.58 | -242.34 | -141.36 | 231.21 | 154.75 | 122.71 | 162.11 | 285.78 | 128.02 | 58.57 | -373.33 | 47.84 | 115.79 | ||||
| EV to CFO | 159.10 | 0.00M | 281.05 | 399.18 | 177.08 | -211.75 | -0.00M | -111.04 | -313.25 | -176.60 | 184.54 | 137.98 | 105.98 | 130.68 | 234.07 | 106.35 | 50.94 | 0.00M | 38.10 | 85.65 | ||||
| Return Ratios | ||||||||||||||||||||||||
| Return on Sales [ROS]ROS | 3.77% | -0.03% | -0.67% | -6.80% | -4.53% | -13.19% | -15.59% | -22.20% | -15.19% | -3.12% | 3.49% | 3.22% | 1.71% | 3.73% | 1.75% | 1.70% | -0.07% | -3.99% | -4.01% | -11.82% | ||||
| Return on Capital Employed [ROCE]ROCE | -3.86% | -0.63% | -0.32% | -1.33% | -2.94% | -6.65% | -11.38% | -17.53% | -21.83% | -18.76% | -12.24% | -3.45% | 1.94% | 4.20% | 3.49% | 3.04% | 2.44% | -0.33% | -2.42% | -7.65% | ||||
| Return on Assets [ROA]ROA | -2.90% | -0.88% | -0.63% | -1.27% | -2.41% | -5.03% | -7.99% | -11.43% | -13.85% | -11.24% | -6.65% | 0.30% | 3.81% | 4.04% | 2.90% | 1.90% | 1.49% | -0.50% | -1.19% | -4.31% |