SEMrush (SEMR) Q4 2025 Earnings

No. SEMrush reported Q4 2025 earnings of $-0.07 a share on Mar 2, 2026, missing the $0.10 consensus estimate by 170.0%. Revenue was $117.7M against a $118.6M estimate.

Semrush delivered a mixed fourth quarter to close out fiscal 2025, missing on both the top and bottom lines as elevated costs overshadowed otherwise strong operational momentum. The company posted Q4 revenue of $117.66 million, up 14.6% year-over-year but slightly below the $118.57 million consensus estimate, while reporting a GAAP loss of $0.07 per diluted share, a stark reversal from expectations of $0.10 in profit and a 170.00% miss against consensus. The earnings shortfall was largely explained by $17.10 million in stock-based compensation and $9.72 million in acquisition-related costs tied to the pending Adobe deal, which drove a GAAP operating loss of $13.90 million for the quarter. Beneath the headline miss, however, growth in AI products and the Enterprise platform told a more constructive story, with combined ARR reaching $63.00 million at year-end, up sharply from $13.00 million a year prior. With HSR clearance and stockholder approval already secured, Semrush is not providing forward guidance, as its acquisition by Adobe remains on track to close in the first half of 2026.