Semiclassical equations for microcavity semiconductor lasers based on Maxwell‐semiconductor‐Bloch equations are solved for on‐lasing state (nonequilibrium steady state) with a steady state condition for eigenfrequencies. Results for a single mode operation can account for input‐output curves for laser operation, gain saturation accompanied by the spectral hole‐burning in the carrier distribution, and the shift of laser frequency.We found nonmonotonic dependency of the laser frequency on the pump intensity (excited carrier density) when the cavity mode is close to the exciton level. Effects of Coulomb interaction, and phase‐space filling are also discussed with reference to the case of homogeneously and inhomogeneously broadened two‐level atom lasers. (© 2011 WILEY‐VCH Verlag GmbH & Co. KGaA, Weinheim)