8-K Announcements
6Material company update
Apr 29, 2026·SEC
Material company update
Mar 4, 2026·SEC
Material company update
Feb 5, 2026·SEC
Smith Micro Software, Inc.(SMSI)Earnings, Financials & Key Ratios
SMSI•NASDAQ
$2.66
Price updated Jul 7, 2026
AboutSmith Micro Software, Inc. develops and sells software to enhance the mobile experience to wireless and cable service providers worldwide. It offers SafePath Family, SafePath IoT, and SafePath Home product suite, which provides tools to protect digital lifestyles and manage connected devices inside and outside the home; and CommSuite, a messaging platform that helps mobile service providers deliver a next-generation voicemail experience to mobile subscribers, as well as enables multi-language Voice-to-Text transcription messaging. It also offers ViewSpot, a retail display management platform that provides on-screen and interactive demos to wireless carriers and retailers; and technical support and customer services. The company was founded in 1982 and is headquartered in Pittsburgh, Pennsylvania.Show more
- Revenue$17M-15.5%
- EBITDA-$14M+67.9%
- Net Income-$30M+38.2%
- EPS (Diluted)-7.30+62.9%
- Gross Margin74.05%+5.5%
- EBITDA Margin-79.76%+62.0%
- Operating Margin-110.84%+53.9%
- Net Margin-173.33%+26.8%
- ROE-101.77%-21.4%
SMSI Price & Volume
Smith Micro Software, Inc. (SMSI) stock price & volume — 10-year historical chart
Loading chart...
Persistent Revenue Contraction Threatens Operational Solvency
Investment Thesis • Updated 2026Q1
VerdictNegative: The company's critical liquidity risk is highlighted by a cash balance of only $1.49 million against persistent quarterly operating losses
Growth:Contracting
Profitability:Negative
Financial:Vulnerable
Cash Flow:Burning
Primary Risk:Imminent liquidity and solvency
Key Thesis Takeaways
- Smith Micro Software faces a critical inflection point as its legacy carrier-integrated software business continues to experience significant revenue attrition, evidenced by a 15.53% year-over-year decline in the most recent quarter.
- The company's inability to align its fixed cost structure with current revenue generation has resulted in operating margins frequently dipping below -100%, creating a structural deficit that threatens long-term viability.
- Investors should exercise extreme caution given the precarious liquidity position, with cash reserves dwindling to $1.49 million as of 2026Q1.
Verdict Logic
suggesting an imminent need for dilutive financing to maintain operational continuity.
SMSI Growth Metrics
Smith Micro Software, Inc. (SMSI) revenue, earnings & EPS growth — 3, 5 & 10-year CAGR
Revenue CAGR
10 Years-7.89%
5 Years-19.48%
3 Years-29%
TTM-12.47%
Profit CAGR
10 Years-
5 Years-
3 Years-
TTM-22.65%
EPS CAGR
10 Years-
5 Years-
3 Years-
TTM26.2%
Return on Capital
10 Years-39.82%
5 Years-47.35%
3 Years-55.8%
Last Year-62.85%
Peers Comparison
Key metrics vs top competitors for Smith Micro Software, Inc. (SMSI)
| Company | Price | Market Cap | P/E Ratio | Rev Growth (1Y) | Net Margin | ROE | Div Yield |
|---|---|---|---|---|---|---|---|
| $2.66 | $10.96M | -0.36 | -15.53% | -173.33% | -101.77% | — | |
| $12.82 | $709.23M | -18.06 | 9.08% | -16.48% | -4.58% | — | |
| $0.39 | $8.55M | -1.30 | -3.07% | -17.49% | -40.41% | — | |
| $158.17 | $9.37B | 43.94 | 3.75% | 19.68% | 78.22% | — | |
| $157.55 | $5.55B | 28.96 | 10.13% | 29.41% | 37.15% | — | |
| $20.49 | $143.09B | 6.74 | 2.71% | 16.92% | 16.85% | — |
Compare SMSI vs Peers
Smith Micro Software, Inc. (SMSI) vs competitors — business, growth, and fundamentals comparison against the closest industry rivals.
SMSI SEC Filings & Documents
Smith Micro Software, Inc. (SMSI) SEC filings — annual & quarterly reports (10-K, 10-Q)
Get notified when SMSI posts new earnings or crosses analyst targets
Free. No account needed. Unsubscribe any time.
SMSI Frequently Asked Questions
Smith Micro Software, Inc. (SMSI) stock FAQ — growth, dividends, profitability & financials explained
Growth & Financials
What is Smith Micro Software, Inc.'s revenue?
Smith Micro Software, Inc. (SMSI) reported $17.0M in revenue for fiscal year 2025. This represents a 23% decrease from $22.1M in 1996.
How fast is Smith Micro Software, Inc. growing?
Smith Micro Software, Inc. (SMSI) saw revenue decline by 15.5% over the past year.
Is SMSI profitable?
Smith Micro Software, Inc. (SMSI) reported a net loss of $28.0M for fiscal year 2025.
Dividend & Returns
What is SMSI's return on equity?
Smith Micro Software, Inc. (SMSI) has a return on equity (ROE) of -101.8%. Negative ROE indicates the company is unprofitable.
What is Smith Micro Software, Inc.'s free cash flow?
Smith Micro Software, Inc. (SMSI) had negative free cash flow of $10.4M in fiscal year 2025, likely due to heavy capital investments.