SEMR · As filed with the SEC

SEMrush Holdings balance sheet, by quarter

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	Q4 2025 Dec 31, 2025	Q3 2025 Sep 30, 2025	Q2 2025 Jun 30, 2025	Q1 2025 Mar 31, 2025	Q4 2024 Dec 31, 2024	Q3 2024 Sep 30, 2024	Q2 2024 Jun 30, 2024	Q1 2024 Mar 31, 2024
Assets
Current assets
Cash and cash equivalents	264,280	80,780	54,322	64,665	48,875	45,083	69,626	41,388
Short-term investments	—	194,916	204,225	197,125	186,693	187,796	161,906	201,756
Short-term investments	4,996	—	—	—	—	—	—	—
Accounts receivable, net	26,489	17,025	14,243	11,034	8,955	9,344	9,060	7,115
Deferred contract costs, current portion	13,281	11,206	10,178	10,161	10,044	9,755	9,738	9,613
Prepaid expenses and other current assets	15,800	19,947	18,138	14,461	21,617	20,429	30,268	16,914
Total current assets	324,846	323,874	301,106	297,446	276,184	272,407	280,598	276,786
Property and equipment, net	5,349	6,030	6,673	6,401	6,534	7,220	7,395	5,999
Operating lease right-of-use assets	11,248	12,690	11,551	12,133	11,126	11,048	11,812	12,225
Intangible assets, net	40,735	37,323	35,317	33,007	32,055	30,746	26,948	16,936
Goodwill	60,123	59,812	59,924	57,682	56,139	54,299	40,630	24,757
Deferred contract costs, net of current portion	5,596	4,253	3,495	3,379	3,080	2,722	2,997	3,485
Other long-term assets	6,239	6,430	6,883	6,453	5,825	5,355	2,568	1,542
Total assets	454,136	450,412	424,949	416,501	390,943	383,797	372,948	341,730
Liabilities and stockholders' equity
Current liabilities
Accounts payable	23,797	20,878	13,505	14,218	10,463	11,541	11,199	10,159
Accrued expenses	27,369	25,872	20,627	21,606	20,216	20,284	21,788	19,597
Deferred revenue	93,187	83,596	81,730	79,926	71,827	68,996	66,589	63,985
Current portion of operating lease liabilities	5,407	5,462	4,966	5,202	4,669	4,768	4,829	4,143
Other current liabilities	4,290	5,467	4,853	5,750	6,913	7,462	7,601	2,642
Total current liabilities	154,050	141,275	125,681	126,702	114,088	113,051	112,006	100,526
Deferred revenue, net of current portion	469	469	235	235	235	210	237	306
Deferred tax liability	1,475	1,541	1,798	1,634	1,621	1,965	1,932	633
Operating lease liabilities, net of current portion	7,134	8,482	7,852	8,569	7,602	7,315	8,084	9,150
Other long-term liabilities	13	97	1,216	1,203	1,045	2,261	1,534	67
Total liabilities	163,141	151,864	136,782	138,343	124,591	124,802	123,793	110,682
Redeemable noncontrolling interest	—	—	—	—	—	—	8,733	—
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	1	1	1	1	1	1	1
Class B Common Stock	0	0	0	0	0	0	0	0
Additional paid-in capital	368,781	358,060	345,664	331,917	322,586	313,924	306,103	297,857
Accumulated other comprehensive income (loss)	2,487	3,243	2,862	(311)	(2,221)	1,700	(2,284)	(1,981)
Accumulated deficit	(82,719)	(71,621)	(69,480)	(62,913)	(63,762)	(67,107)	(68,201)	(69,860)
Total stockholders' equity attributable to Semrush Holdings, Inc.	288,550	289,683	279,047	268,694	256,604	248,518	235,619	226,017
Noncontrolling interest in consolidated subsidiaries	2,445	8,865	9,120	9,464	9,748	10,477	4,803	5,031
Total stockholders’ equity	290,995	298,548	288,167	278,158	266,352	258,995	240,422	231,048
Total liabilities and stockholders' equity	454,136	450,412	424,949	416,501	390,943	383,797	372,948	341,730
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.