SEMR (Semrush Holdings, Inc.) Stock Financials & Earnings | Market Cap Arena

SEMR (Semrush Holdings, Inc.) Stock Financials & Earnings | Market Cap Arena

SEMRSemrush Holdings, Inc.

Mkt Cap$2B

Technology·Software - Application·🇺🇸 United States·NYSE

Revenue (TTM)$444M

Net Income (TTM)-$19M

EPS (TTM)-$0.13

Free Cash Flow (TTM)$53M

Gross Margin80.5%

Op. Margin-5.1%

Net Margin-4.3%

FCF Margin12.0%

P/S Ratio (TTM)4.1x

P/E Ratio (TTM)—

YoY Rev Growth+17.7%

Employees—

Earnings Reports

Revenue & Profitability

Quarter	Revenue	Gross Profit	Op. Income
Q1 23	$71M	$58M	-$11M
Q2 23	$75M	$62M	-$2M
Q3 23	$79M	$66M	$3M
Q4 23	$83M	$70M	$3M
Q1 24	$86M	$71M	$1M
Q2 24	$91M	$76M	$3M
Q3 24	$97M	$80M	$2M
Q4 24	$103M	$84M	$2M
Q1 25	$105M	$85M	-$74K
Q2 25	$109M	$88M	-$4M
Q3 25	$112M	$90M	-$4M
Q4 25	$118M	$95M	-$14M

Valuation

Quarter	P/S	P/E
Q1 23	6.7x	—
Q2 23	6.4x	—
Q3 23	6.2x	—
Q4 23	5.9x	1902.0x
Q1 24	5.6x	139.5x
Q2 24	5.3x	121.4x
Q3 24	5.1x	153.6x
Q4 24	4.8x	219.4x
Q1 25	4.6x	260.1x
Q2 25	4.4x	—
Q3 25	4.2x	—
Q4 25	4.1x	—

Operating Cash Flow

Quarter	Operating CF	Free CF
Q1 23	-$4M	-$5M
Q2 23	-$6M	-$9M
Q3 23	$6M	$5M
Q4 23	$12M	$9M
Q1 24	$15M	$14M
Q2 24	$12M	$8M
Q3 24	$8M	$6M
Q4 24	$12M	$10M
Q1 25	$22M	$21M
Q2 25	$684K	$80K
Q3 25	$22M	$17M
Q4 25	$15M	$15M

Capital Expenditures

CapEx

Quarter	CapEx
Q1 23	$1M
Q2 23	$2M
Q3 23	$1M
Q4 23	$3M
Q1 24	$759K
Q2 24	$5M
Q3 24	$2M
Q4 24	$2M
Q1 25	$725K
Q2 25	$604K
Q3 25	$5M
Q4 25	$67K

OpEx vs Revenue Growth (YoY)

Quarter	Revenue Growth	OpEx Growth
Q1 23	+24.1%	+36.7%
Q2 23	+19.3%	+8.7%
Q3 23	+19.6%	-0.1%
Q4 23	+21.2%	-4.0%
Q1 24	+21.1%	+3.3%
Q2 24	+21.8%	+13.7%
Q3 24	+23.7%	+26.0%
Q4 24	+23.1%	+25.0%
Q1 25	+22.4%	+24.6%
Q2 25	+19.7%	+29.3%
Q3 25	+15.1%	+21.8%
Q4 25	+14.6%	+30.4%

Stock-Based Compensation

Quarter	SBC ($)	% of Revenue
Q1 23	$3M	3.9%
Q2 23	$4M	5.0%
Q3 23	$4M	5.3%
Q4 23	$5M	5.5%
Q1 24	$0	0.0%
Q2 24	$7M	7.9%
Q3 24	$8M	7.8%
Q4 24	$8M	7.9%
Q1 25	$9M	8.7%
Q2 25	$13M	12.3%
Q3 25	$13M	11.6%
Q4 25	$17M	14.5%

OpEx Breakdown

Quarter	R&D	G&A	S&M
Q1 23	$14M	$19M	$35M
Q2 23	$14M	$19M	$30M
Q3 23	$14M	$19M	$30M
Q4 23	$15M	$18M	$33M
Q1 24	$17M	$18M	$34M
Q2 24	$19M	$18M	$35M
Q3 24	$22M	$21M	$36M
Q4 24	$21M	$21M	$40M
Q1 25	$22M	$22M	$41M
Q2 25	$24M	$23M	$45M
Q3 25	$26M	$24M	$44M
Q4 25	$26M	$37M	$46M

Rule of 40

Rule of 40

Quarter	Rev Growth %	EBITDA Margin %	Rule of 40
Q1 23	24.1%	-11.7%	12.3
Q2 23	19.3%	-0.5%	18.8
Q3 23	19.6%	5.6%	25.3
Q4 23	21.2%	5.6%	26.8
Q1 24	21.1%	4.3%	25.3
Q2 24	21.8%	6.0%	27.8
Q3 24	23.7%	4.7%	28.4
Q4 24	23.1%	4.6%	27.7
Q1 25	22.4%	3.2%	25.6
Q2 25	19.7%	-1.3%	18.4
Q3 25	15.1%	2.7%	17.8
Q4 25	14.6%	-4.5%	10.1

Revenue Segments

Quarter	Reportable Segment
Q1 25	$105M
Q2 25	$109M
Q3 25	$112M
Q4 25	$118M

War Chest

Quarter	Cash	Short-term Investments	Total
Q1 23	$57M	$175M	$232M
Q2 23	$24M	$200M	$224M
Q3 23	$41M	$189M	$230M
Q4 23	$59M	$180M	$239M
Q1 24	$41M	$202M	$243M
Q2 24	$70M	$162M	$232M
Q3 24	$45M	$188M	$233M
Q4 24	$49M	$187M	$236M
Q1 25	$65M	$197M	$262M
Q2 25	$54M	$204M	$259M
Q3 25	$81M	$195M	$276M
Q4 25	$264M	$5M	$269M

Shares Outstanding

Shares Outstanding

Quarter	Shares (Diluted)	QoQ Change
Q1 23	142M	+0.1%
Q2 23	142M	+0.4%
Q3 23	146M	+2.8%
Q4 23	147M	+0.4%
Q1 24	148M	+0.6%
Q2 24	149M	+0.8%
Q3 24	149M	-0.1%
Q4 24	149M	+0.6%
Q1 25	151M	+1.1%
Q2 25	148M	-2.2%
Q3 25	148M	+0.2%
Q4 25	150M	+1.1%

Revenue Per Employee

Revenue / Employee

Year	Revenue/Employee	Employees
FY 19	—	—
FY 20	—	—
FY 21	$454K	414
FY 22	$545K	467
FY 23	$627K	491
FY 24	$698K	540
FY 25	$861K	515