10-K
Annual Report
Semrush Holdings, Inc.
SEMR
NYSE
CIK: 1831840
File #: 001-40276
Balance Sheet
46 line items · 2 periods
XBRL
| Item | Dec 31, 2025 | Dec 31, 2024 |
|---|---|---|
Assets | ||
Current assets | ||
Cash and cash equivalents | 264,280,000 | 48,875,000 |
Short-term investments | 4,996,000 | 186,693,000 |
Accounts receivable, net | 26,489,000 | 8,955,000 |
Deferred contract costs, current portion | 13,281,000 | 10,044,000 |
Prepaid expenses and other current assets | 15,800,000 | 21,617,000 |
Total current assets | 324,846,000 | 276,184,000 |
Property and equipment, net | 5,349,000 | 6,534,000 |
Operating lease right-of-use assets | 11,248,000 | 11,126,000 |
Intangible assets, net | 40,735,000 | 32,055,000 |
Goodwill | 60,123,000 | 56,139,000 |
Deferred contract costs, net of current portion | 5,596,000 | 3,080,000 |
Other long-term assets | 6,239,000 | 5,825,000 |
Total assets | 454,136,000 | 390,943,000 |
Liabilities and stockholders' equity | ||
Current liabilities | ||
Accounts payable | 23,797,000 | 10,463,000 |
Accrued expenses | 27,369,000 | 20,216,000 |
Deferred revenue | 93,187,000 | 71,827,000 |
Current portion of operating lease liabilities | 5,407,000 | 4,669,000 |
Other current liabilities | 4,290,000 | 6,913,000 |
Total current liabilities | 154,050,000 | 114,088,000 |
Deferred revenue, net of current portion | 469,000 | 235,000 |
Deferred tax liability | 1,475,000 | 1,621,000 |
Operating lease liabilities, net of current portion | 7,134,000 | 7,602,000 |
Other long-term liabilities | 13,000 | 1,045,000 |
Total liabilities | 163,141,000 | 124,591,000 |
Stockholders' equity | ||
Undesignated preferred stock, $0.00001 par value — 100,000 shares authorized, and no shares issued or outstanding as of December 31, 2025 or 2024 | 0 | 0 |
Class A Common Stock | 1,000 | 1,000 |
Class B Common Stock | 0 | 0 |
Additional paid-in capital | 368,781,000 | 322,586,000 |
Accumulated other comprehensive income (loss) | 2,487,000 | (2,221,000) |
Accumulated deficit | (82,719,000) | (63,762,000) |
Total stockholders' equity attributable to Semrush Holdings, Inc. | 288,550,000 | 256,604,000 |
Noncontrolling interest in consolidated subsidiaries | 2,445,000 | 9,748,000 |
Total stockholders’ equity | 290,995,000 | 266,352,000 |
Class A Common Stock - Common Stock | 1,000 | 1,000 |
Class B Common Stock - Common Stock | 0 | 0 |
Additional Paid-in Capital | 368,781,000 | 322,586,000 |
Accumulated Other Comprehensive Income (Loss) | 2,487,000 | (2,221,000) |
Accumulated Deficit | (82,719,000) | (63,762,000) |
Total Semrush Stockholders' Equity | 288,550,000 | 256,604,000 |
Noncontrolling Interest | 2,445,000 | 9,748,000 |
Total liabilities and stockholders' equity | 454,136,000 | 390,943,000 |