SEMR · As filed with the SEC

SEMrush Holdings balance sheet, by fiscal year

The statement as SEMrush Holdings presents it in its 10-Q and 10-K: its own lines, labels and order. Tables over time lines up standardized figures across every filing.

CONSOLIDATED BALANCE SHEETS · USD thousands, shares in thousands

USD thousands, shares in thousands	FY2025 Dec 31, 2025	FY2024 Dec 31, 2024	FY2023 Dec 31, 2023	FY2022 Dec 31, 2022
Assets
Current assets
Cash and cash equivalents	264,280	48,875	58,848	79,765
Short-term investments	—	186,693	179,721	157,774
Short-term investments	4,996	—	—	—
Accounts receivable, net	26,489	8,955	7,897	3,559
Deferred contract costs, current portion	13,281	10,044	9,074	6,974
Prepaid expenses and other current assets	15,800	21,617	10,014	9,307
Total current assets	324,846	276,184	265,554	257,379
Property and equipment, net	5,349	6,534	6,686	8,076
Operating lease right-of-use assets	11,248	11,126	14,069	12,009
Intangible assets, net	40,735	32,055	16,083	10,286
Goodwill	60,123	56,139	24,879	6,529
Deferred contract costs, net of current portion	5,596	3,080	3,586	2,082
Other long-term assets	6,239	5,825	633	2,329
Total assets	454,136	390,943	331,490	298,690
Liabilities and stockholders' equity
Current liabilities
Accounts payable	23,797	10,463	9,187	15,495
Accrued expenses	27,369	20,216	19,891	17,847
Deferred revenue	93,187	71,827	58,310	49,354
Current portion of operating lease liabilities	5,407	4,669	4,274	3,694
Other current liabilities	4,290	6,913	2,817	2,311
Total current liabilities	154,050	114,088	94,479	88,701
Deferred revenue, net of current portion	469	235	331	122
Deferred tax liability	1,475	1,621	839	11
Operating lease liabilities, net of current portion	7,134	7,602	10,331	8,929
Other long-term liabilities	13	1,045	1,195	1,023
Total liabilities	163,141	124,591	107,175	98,786
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	0	0
Class A Common Stock	1	1	1	0
Class B Common Stock	0	0	0	1
Additional paid-in capital	368,781	322,586	291,898	274,057
Accumulated other comprehensive income (loss)	2,487	(2,221)	(752)	(1,206)
Accumulated deficit	(82,719)	(63,762)	(71,998)	(72,948)
Total stockholders' equity attributable to Semrush Holdings, Inc.	288,550	256,604	219,149	199,904
Noncontrolling interest in consolidated subsidiaries	2,445	9,748	5,166	—
Total stockholders’ equity	290,995	266,352	224,315	—
Total liabilities and stockholders' equity	454,136	390,943	331,490	298,690
Class A Common Stock	—	125,834	—	—
Class B Common Stock	—	21,009	—	—
Class A Common Stock	—	125,834	—	—
Class B Common Stock	—	21,009	—	—

As filed on EDGAR · Not affiliated with the U.S. SEC · Not investment advice. Each column links to its filing.