10-Q quarterly report · filed Nov 10, 2025

SEMrush Holdings, Inc. (SEMR) Q3 2025 10-Q Quarterly Report

Short answer

SEMrush Holdings, Inc. (SEMR) filed its Q3 2025 10-Q quarterly report on Nov 10, 2025 for the quarter ended Sep 30, 2025. Quarterly revenue was $112M (up 15.1% year over year) with net income of −$2M.

Q3 2025 key financials · XBRL

Revenue
$112M
+15.1% YoY · +2.9% QoQ
Net income
−$2M
−295.7% YoY · +67.4% QoQ
Operating margin
-4.0%
Gross margin
80.2%
EPS (diluted)
−$0.01
+80.0% QoQ

Source: XBRL data from the SEMrush Holdings, Inc. (SEMR) Q3 2025 10-Q on SEC EDGAR. USD.

SEMrush Holdings, Inc. Q3 2025 10-Q analysis

AI summary of MD&A and risk factor updates

Management Discussion & Analysis

  • Q3 revenue $112.075M, up $14.665M from $97.410M YoY
  • Gross margin 80% vs 82% YoY; operating margin (4)% vs 2%
  • ARR $455.4M vs $400.7M; paying customers approximately 114,000 vs 117,000
  • Operating cash flow $44.687M vs $35.063M for nine months; free cash flow $31.974M vs $25.810M
  • Near-term headwinds: lower-end customer softness, paid-search cost increases, AI-driven market consolidation, and temporary retention pressure

Risk Factors

  • No risk-factors section provided; submitted text contains Items 2, 5, and 6 only
  • No new unregistered-securities activity; recent sales and issuer purchases both listed as none
  • IPO proceeds use unchanged from December 31, 2024 Form 10-K
  • No director or officer adopted or terminated Rule 10b5-1 arrangements during the quarter

Generated from the filing text; verify against the original. 10-K vs 10-Q vs 8-K

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